HomeMy WebLinkAbout2371 Tf~at (a1 ta t~ ~wat ot ar?y bewaA ot tul~~~ oe d~tsult oa t!w part o! tM ~[orts~or. or tb) te
tM ~wat at?~ ot ~a1d au~a~ ot moewy Mrda «hrr~d to 6~ aot prompt~r and luU~r pald wltblA tts dyr~ a~xt
a(tse tM ~~v~tWy b~ooaN dw and payabl~. ~vithout demand or Aotice. oe lc) in tM ~v~nt ~A and ~v~ryr
t!N ~tipulaUous. ateremeat~. condlUon~ and uoveoartt~ ot ssid iwry note and thl~ mort~ass, aq~r ~ tltb~r
aer aot duly. PromPW? and tu11y peKornad. dt~chuged. ~ucu 'ttfected. ooinPlet~d. oompL~d arlW aod abtd~
b7. the4 10 ~itMe oe W? sucb tv~u~ t1M aaW +isrs~t~ aum meAtioMd U? aaid promiswry not~ th~ ewaaiatut
unpaid. witb ii?W~e~t ~?ccrued. aad W moaty~ Ncutrd hrseby. th~ll O~oom~ dw and payabl~ tortl~wltA, or tM»-
att~s. at tM option ot said Ir[ort~a~ee, u tully and completely u U all ot tM Wd sum~ of moaey wtr~ pelsiea!(~
stlpulabd to b~ p~id oa such day. aqyWn~ 1A aiid promiswry note. aad/or la th4 mortsa=~ to tM oontrary ao4•
with~tandtns: and tMr~upoA or thtreatt~r at tM optio~ oi said ~[ortgs~t~. without aotio~ or 8emand, au~t at
I~w or ia pultr. t1Nr~tofoe~ or tRtr~attet be~uq, may b~ prossCUted a~ it a!1 moneyi a~cntrd 1~by had maW»Q
prlor to tts instiwtba. •
7. ZLat !a th~ ~wnt t1~at at th~ Mgianta~ ot or at aq~r tua~ p~n¢~ns aay ~ auit upo~ t1~L ma~t~a~ oz Lo
forsclor~ f~ or to r~tw~m it, and/or to ~ntora p~ymbrit ot aay alatca~ Mreuud~r. ~aid yG~ slWi
Lo tM court ~vln~ iurl~dictlo~a th~raot for the appolataaent ot a Receiver. aclt ooust abW with ap~~ nt
a Reoelwr o! Wd mort~a~d W'oMrU? W and air~ular. includlns ~W and dnsulu tM ret?t+~. IAOOa~. W'otlta.
i~ue~ aud rsv~aues hom whata~rer ~oura derlved. ~ach and every ot whic.b. it ~Sins e~ undustood„ 1s
Mnby dsortgaged a~ U apecUicall~? sst fortL and deacribed Ia the ~~rantias _ and haDendum o1au~ Mt+~ aM
n~ch Recetvar abW hav~ W tM broad and etiective functie~s snd power~ ir any~rise ~ntev~t~d b a oour!
to • R~viv~r. au~ wcA appotatmeat shall be made by auch oourt as an afinitted equft,~ ~ad s~ ot aD~
~olnb r1s1~t to saW H~N, aad wltAout reiersnce to tM adequacy or faadequ~c~ ot tlr valw d tM prop-
en r cy
at~r or to tM sol~enc~r or insolv~n oi iata l~[ortgago: aod/or or tl~s d~feadants. and that w~
r~nt~. t~. Wcwn~. iswas aad revenue~ ahatl be appli~d b~r such R~oelvsr aooordla~ to t~ Wa aod/oe p~tt~
o[ adQ aad !~a PT+~~ ot snch court
above deacribed any additianal loans or future idvances made withia twenq? i by the
mort~agee W aaid mortga~ors or any succeaaor in tiUe~ oi said property hereby oonveyed•
provided that the total unpaid baLnce oi the ' reby at any one time shall not exoee~
DoUars
the mazimum Prlncipul ~ -
(i......_. . Plus interest lhereon and aqy disburaements made by the mortgagee for the pay-
n~ wrrt~r~s wxa~c~~. wa ~co~ara: na. •~,c.a tn~. ~o~as. nna.r ,sai on cn. ay? a~a y.ar
Ler~ia nrat abo.. wrla.a.
SISMd„ ~e~led sAd dWvsr~d fa ttw preNno~ ot: ~
~ SfA~)
• eanor Stoner ;
. -
~tE~Ciscw~s~
QE~p ~1uf1E~
oF .F~~e OEC 10 9'+s ~ ~6
ao~ ur.~AR~ ~ .w 2G1931
:,~?u;~:~,,,' F _a~11]i.....Stfl~r
I$~ utii p'rs°°ati~r app~ar~d 1 c~ r. nP
> ` ~
Y
. ' .1 ~~''aad lcnown to me W De tAe 1ndiMdual_... dMCribed la ~ad who e:ecntsd t1N i fu~tsli- ~
'I :~~;~~~sd bstOn m~ thst 5.~.._ ezecuted th~ uaia ior tta purpo~e~ t2wr~in ~sp~n~
~ ~ f.
1! 7n
j -+':A rll' n`
T,;~ d~~ m~? Laad ana c~tlcial asal tl~i~._....~1.~......dy
~
Q • _
~ - ~ .
E o ~ a~c
l ~ ` ~ ~?1~t~.~
, C 0,1 O~ ~ Notar~r Pub~ic fa ~ad ta:
~ te. ao~at~r.na sLw etor...w.
.
-~i'~ o~_ ~ My Commissio~ Expires 18 Jcn., 1972
Do ~ .
Bstor~ aPp~----
~w ~ ~o m~ w~II mo~wa aad ~
l~w~wn to m~ to ~s
se~p~ctivdr ot ~ ~v0°
naawd in tbs foe+s~o~ns ~t, aad ma to bs tb~ p~r~oo~ wbo Y w~eh oinea~ a[ aaid ooepoe'atlae.
~uted te~s wne: aad tb~a a~W tlwr~ tlN _ tlu ~aY
~
ac~mo~wl~~ D~[oer mt t8at sale
~ lnstrument b tLe he~ aet atd dMd o[ aid oacpoeatica D~ tbem w~ ~7c~.vt~d Y aneh olAo~ !be t~
~ purpa~s~ t~ eap='es~: Uut tb~ ~ tb~t~ stta¢Lsd M t]r a~a1 by tb~m fa lfw aap~dty at-
~ if~td•? ali t~ aot~wrlt~? in tl~ul duty ~ted bl? t~ Boarl! ot Dlr~eto~s ~t~
~ Wl1'l~~ m~? hat~d aad a[!kW a~al *w*• e.~ lf.._.._
~
~ xot.q? Pnenc m aaa toe
t~ Co~mt~ aa~d Stat~
~ ooonmirlo~ a~pews
~188 ~~7
~
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r~ ~