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a. Tbst (s) !n W~ event o! any brescl~ ot thls mortgaae oe detault on the part o! the biort~~
r, or Ibl la
ths event any ot uid aums of money hereln refernd to bs not prompt~p and fuUy paid within~h daya aext
after the aame sever~lly become due and payable. without demand or notice, or ic) In the event eub and every
the ~tipulation0. agteemeats, conditiona and uovenants of said prom~ssory note and this mortgage. u~y or either~
sre not duly, pmmptly and tully performed. dischsrged. executed. ettecte.i, completed. coraplled with sad abidM
by. then. ia either or any auch even~ the said aggregate aum mentioned in said pmmtsaory note thee~ remuning !
unpaid. with int~reat accrued. and sll moneys xcured hueby, ahall become due and payable forthwith. or there- j
atter. at the option of said Mortgagee. u tully and ca ~~pletely aa [f all ot the said sums oi money were originalt~?
stipulsted to be paid oa such da~y. anythit~g in aaid promisaory note, andior la this mortgage to the contrary aot ~
withstanding; and thereupon or thereaiter at the option ot aaid Mortgagee. without notics or demaAd. auit at
law or in equity. theretofosq, os Wereaites begun, may bs prosecuted as ii all moneys secured hareby had matured
pdor to ita insUtutioa
T. Ttist in the event th~t at the beginnia6 of or at at~y Wne pending sny auit upon tl~ mortsaae. or W
forecloss it, or to rafosm f~ and/or to eatoroe payment oi any claima hercuader, satd Mortgagas ahaii aPp:y
to ttte couct havi»a iurlsdictlon thereof for tha appotntment of a Receiver. such court shall fortbwitL appolnt
a Receiver ot said mortgaged property all and singular. includfng aU and singular the rents. tnoome. protita,
issues and revenues from whatever source derived, each and every ot wNch. it being expressly undantood. is
hereby mortgaged as it spectiically aet forth and deacriEed in the granting and ttabendum Clsi~ Aereof. and
such Recelver shW havs all the broad and efiective tunction~ and powera in anywise entrusted by a court
to • Receiver. ~nd auch appointment ahall be made by such court as an admitted eqWty and a matter ot ab-
solute zight to aald Mortgsgee. and withont reference to the adequacy or inadequacy of the valus oi the prop-
erty iaortgaged or to the aolvency or insolvency ot said Mortgago~ snd/or of the datendaats, aud that iuch
rents. prolits. income, i~ues and re~ enuea shall be appUed by auch Recxiver according to tl~e lten and/or equit~
o? aaid l[ortgagee aad tt?e pracuoe of suct~ oourt
8. It is understood and agreed that this mortgage is give~ to secure. in addition to the note or obligation
above described any additional loans or future advances made within twenty years from date hereoi by the
mortgagee to said mortgagors or any successor in tiUe of said mortgagors oi the prnperty hereby conveyed; :
provided that the total unpaid balance oi the indebted~ess secured hereby at any one time shall not exceed
the maximum principal amount of _ Dollars
(i. plus interest thereon and any disbursements made by the mortgagee for the pay-
ment of taxes, levies or insurance on the prnperty encumbered hereby. with interest on such disbursements.
IN WiTNF38 VV~OF. ths said ylortgagor ha~ executed thia mort~age undu seal oa ths dq and yeas
henin lirst above wsittea.
f
Sisned. sealed and delivered in the preaence ot: ~
w.........._..___~... u us . ow ra
~ / . ~ : g Y
~
~ ,
, nifred S. l~owbray
$TATE OF..C~~3~! )
wt ~
COLJNTY OF--- ~
Herore me parsonauy appeared.. AUGUST L WB and
his wife -
r _
j
to me well known and known to me to be the individualaS deacribed in and who executed the foregoin~ instru-
; ment~ and acknowledged before me that ~.be.3t esecuted the aatne for the purposes thereia eupreesed.
~ wrrrrESS my tu~a - w~ tt~_......LG~......_...aay A r i 1 19.....~9 .
:~;5:..
xoWry Public in aad tor
tLe Connty and 3tate Aforesald
My commission ezpires:
STA1'E OF__..--------
~U~ pF aelvin R. Cannon, Notary PubR~
t - $~hte of N. Y. No. 52-5595700
Befors me pe `
(;pmtn,~tes
t~v r.
3~0,~19~0
a
n b . . . . . . . . . . . . . . . . . . . . _ . . . .
known to me W bs tLe.. dent aa _ g~~~7 1
respectively o: tb~ oorposstioa
nam~d la the fore;oin~ in~trum~nt, aad lmor~rn to me to be th~ par~on~ wbo a~ au~ oiticus at aaid oo3poratioa.
e.:ecuted t2~e same: aad then aad tb~re ths ~aid_ aad t1r ~ald
_ achao~?I.as. e.toi. m. tlnac wa
lnstrument ir the hae act aad deed ot aald corpontioa by them r~sp~etlveb ez~eut~d u snch ofIIars far t~
_ ris~W nadsr w~orf~
t~ tb~m d~uly~vast~ed b~
tbs aBoard o! ~Di~toes~oi ~atd oa~rpontitbrma fa tllc~ wPadty at
~VTI'Nl:SS my Aat?d aad a[AcW a~ai t1~1s....~ ..._dy 1~----
Notar~ Pnblic !n aad !oe
tL. oo~ma .ne scw wtor..aw.
Kjr ooo~mtaroa ~sptew:
. ~
aooK 177 ~ 599 .
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