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d. lbat ln tAe event ot any bresch o! this mortgage or default on the part ot the Mortgagor. or lb) ia
t??e event any ot aaid sums ot money heretn referred to be not promptly a~d tully paid wlthin teA daya next
atter the same aeverslly become due and payable, without demsnd o~ not~ce. or ~c) fn the av~nt each snd every
the stipulations. a$reements, conditiona and ~wvenants ot said prom~ssoiy note and this mortgage. any or either.
are not duly. promptly and tully pertormed. discharged. executed, et[ected. sompleted. compUed with and ablded
by. then. ia sither or any such event. the said aggregate aum mcntioned in sa~d pmmissory ~ote then remaiNng ;
unpaid. with int~rest acc~ued, and all nioney~ secured h.•reby, ahalt become due and payable lorthwith. or tbera- ~
attcr. at the option of aaid I~iortgagee. as tully and completely as it all of the said sums of money wers originalty ,
atipWsted to be paid on auch day. anything in aaid promiasory note, and!or in thia mortgsge to the contrary aot-
withatanding: aad thenupon or thereatter at the option ot safd 1~Iortgagee. ~~ithout notice or demand. sutt at
lsw or in equity. theretoforq, or thereatter begun. may be prosecuted as if sU money~ eecored hereby had mstuted
prlor to its institutlon.
Z. That in the event thst et the beginning of or at any time pending any auit upon this mortgage. os to
lorecloae it, or to refor~n it, and/or to eniorce payment oi any claims hercundor. said Mortgages ~hall Rpply
to the court having juriediction thereot for the appointment oi a Receiver. auch courk ahell forthwith appolnt
a Receiver oi aaid mortgaged property all and aingular, i~cluding all and aingular the rents. income. prolits.
lasues and revenu~a irom whatever source dcrived. each and every of which. it being expresaly undetstood. i~
henby mortgaged aa It specifically set iorth and deacrited in the granting and habendum clausea hereof~ urd
such Receiver shall have sU the broad and etfective Nnctinns and po«era in anywise entrusted by a court
to a Iteceiver, and ancti appointment ahall be made by such court as an admitted equity aad a matter oi ab-
wluta right to aaid Mortgagee, and without e~eference to the adequacy or inadequacy ot the v~lue at the prop-
erty mortgaged or to We solveacy or inaolvency of said Mortgagor and/or oi the defandaats. aad thst sucb
rents, profit~, income. iaaues and revenuea shall be applied by such Recelvar sccording W t~ lien aad/or eqWty ~
pf uid Mprtgagee aad the pracUos of suc2~ court~
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IId qRZ~E83 WHEREOF~ the said Hortgagor hiu executed thls mort~a;s ssal oa day and year
hereia tirst above ~vslttea.
3ianad. sealed and Qelivered in the preaence of: p~0 ER N ~ INC .
' SEAL )
William A. atson, I s President
` -~.~~.a.~...,~:.`zL~c
Attest: ~ ~
G~[.'kyl
(corporate seal) Sus ' C COUN FLASecretary
~RECOR: ':::RI. IFO
oF.....~.~~~_. 1936`78
q~,~ " '~0 (~t~AY 2 I AM 9: 43 '
covrrrY oF...~.` !13.~~.ra..._..._. . .
G
Before ms peraonally ~?PP~-•-- -
?~Er Fc~ITR~
_ -------------~r:~x~~a~ ~ Bo~B
Lo me well known and known to me to Tx the individual_.. described In aa w fore instiv-
i ment, and uknowledged before me that ._-he.... executed tbe same ior the purposes thereia eaP=essed.
i Q{1ITTTF,S3 my band and ofifcial seal this.._..._.._._....._._..day 1~-~---
Notary Public !n aad for
the County and $tate Atoresaid.
Mq commiasion expirei:
srw~ oF_....__F~S?.R~~?A_-._---_.._._.~
MARTIN 'a'
oovrrrY oF..~......~..._......._......_....... _ !
Betore me personauy aPPeared.------ WILLII~I,.. WAT N . ~
to ms wsil lmorvn and
aad......_._....... ~5~~...s~
Secretary „
knowu to ms to bs tba...... ~.......Preddeat aa ~
NT...cRntm T13 a F 7 a. ~gr*+ ths oorporstlon
reapectively o! .............P.RQPF.RTY.--ItiANA~ r
named in the fore~oin8 instrumen~ and known to me to bs the Pe~~ who a~ ~ueh ofIIost~s ot ~ald corpontion.
esecuted the same; aad then aad W~rs ths wd.___. WILLIAM H,~WATS~,,,Q~ aad tLr ~aid
~ SUSAN J. WATSON _ ~ ac~owied~e Ds1°n~ m° t~at sa~a ~
e:ecuted as such otIIosr~ for t~
~ lnatrument fs U~e free act and deed oi sald corporation by them respectfvely
~ purpoees therein expreased: ttut the ~eal Wereunto attacbed fi the oorporate aeal b~ tbe~s ia lilce caPa~t7 ~
~ ibced; all ~mdar aaWority W them duly veated by the Board of Dlrecton oi said carporatioo.
~ ~x o[...~„~„'i.~ ' 1~.14..
~ ~yTPNFSg m~ ~ seal tAls.._
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