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a. TNat (a) la th~ ~veat o! any breacA ot thii ~no~t~~e os default on the part of the Moctsagor. or 1p1 ta ~
the event any ot satd sum~ ot money here/n refecred W be not pwmptly and fully paid withfn tea day~ aext
atter the same sever~lly become dus and p~yable, without demand or notice, os ~c) in t!u ~v~nt cach spd ~v~ry
tRe supWador?s. agreementa, condltiona and covenanta oi sald pcomisso~y note and thb mo~tgase. any or ~ftber~
are not duly. pmmptly and tully pertormed. diach~rged. executed. ettecte.i. completed, compllN wiW and abided
Dy. then. ia either or any such even~ the said agg~egate aum mentioned in suid promisaory not~ then rerpainin~
unpaid. wlth lntereat acerued, and aU moneys secured l~ereby. ahaA Decome due and payable forthwith, or theta ~
atter, at the option ot asid Mortgagee. as fully and comptetely as lf all ot the aaid sunu of money wtr~ original~y
stipulated to be paid on auch dsy. anything in said promfssory aote. andior in th[s mortgaYe W tb~ contnry notr
withstanding: and thereupon or thereatter at the option ot aaid Mortgsgee. without notios or denaand~ suit at
Lw or tn equity. W~retofora or Wereatter DeQua. may bs prosecutod as if all moneya ascured Mreby had matur~l
prlor to lt~ ia~tltuUoa
1. 'Dhat fu tlu event that at ths baginnlaa ot or at aqp ttms pending any auit upon thb mortsas~ or
lorecloss i~ or to retosm tt. aad/or to enforce p~yment ot any cWms hereuadsr~ ~atd Mortgases spW aPP~
to the court AaWna iurisdtctloa Wereot for the appotntment of a Receiver. such oourt ~hall fortArviW appofnt
a Recelver of said mortgaged proparty all and singular. including W and singular the rent~, lncoma profita~
fasuea and revenuea irom whatever ~ource derived. each and every ot wAich. it beins exprqsly undentood. i~
henby mortgaged as if ~peci[ically set forth and descriEed in the grantina s~nd habendum ClaueM hereof~ and ~
wch R~celres abW have all the broad and eftective functions and powen in anywiss entrusted by a conrt
to a Recalver, aad sucA apgointraent siiall be made by such court as an admitted eqult,y and a matter ot ab-
~olute risht to Wd Ir[ortsages, aad wlthout reference to the adequar,y or inadequacy oi ths valw a~ tM prop-
~rty mortraged or to the solvency or inaolvency of stid Ddortgagor and/or of the dafendaatt, aad that auch
reats~ protit~, iacome, issuea and re~•enues shall be applied by auch Racelves uoordin~ to th~ lim aad/or puit~
oi sald Yottaagee aad the practlca ot such courl.
II~ W11'NS88 ~111H~0!'~ tbe ~aid 1[ort~or Iw ~xecuted tht~ morts~ under aoal an tM day aod year
berefn tls~t abov~ wrltLea.
$Isaed, ed and delirered in the presence of:
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' BEDFORD-NUGSNT CORP.,an ndiana
- r co ation
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` ~ ~ ~f~:..... . By: ( SEAL)
• ,~•k j t - ~ ,
;'o.:-.:' ~ , President
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~3~; ~~K•,+~V'..S
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Hefor~ me
to me well known and known to me to be the indi ia an
or PusPoses ~p~~sd.
W1Z'l~iS88 my haad and of ' eal this.._...... dy oZ..~. 1~....._
I
Notary PubHc ia and !oe
tha Couaty and $tst~ Afoiwald.
srw~ oF.. I IANA
- " r~ ~
OOUNT~ OF
Hefors me Per~onafly
aab.~.. ~ to m~ well lma~wa aad
Lo ais to be tha..._ ._.~...Pnddent ~n~f
~~~~y oi gEDp+pgD-NUGENT ~ ~pRp,~, an Indiana corporation, ~
nam~d m the roraoins fastru~at~ aad ]mown to me to bs.~e Persou! wLo as n~ch otIIcera d aid caepo~stbo.
acecuted the ume: aad then aaA rs th~ plL....._....... ~ tlr aaid
_ _ _
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~ iclmowlsd~ btoer an~ tl~at pld
tastrua~at i~ the ires act aad dssd of said corpon on by them re~psctivel~? ~eevted ~s s~b otIIar~ !ot tbs
~~~s ~lst~ eacprea~sd: that the ~ea1 thercuato atta~ed 1~ tAs eorporat~ ~eal b~ tD~m in Hks cap~cit~? at-
?t!~~ ~I~oeity ln th~m dul~ vasted by ttN Boatd oi Dlreeto:s ot ooeporatloa~.
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~ ;aii~ Land aad c[lfcW ~ W~....
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t;Ty 1~ <Ild tOr
'~~1~4.s3~.} ' t~ oo~t~r ane stat~ wtor~.a~e.
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