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HomeMy WebLinkAbout2656 ~ i ~ A. That (a) ln the event of any breach ot thi~ mortgx~e or default on the part ot the rtortg or lbl W ; tAe event any ot said sums of monev hecein ~eferred to be not pro~nptly and fully paid w~thin~ days next ~ a[ter the same 3!Vl~BUy brCOme due and paya~le, vnthout dsmand or not~ce, ur ~c) ~n the e~•ent et[ch and every i the st~pulat~ons, ag~eements, condRions and co~•enant~ ut s:ud pcom:s,uiy n~te and th~~ mortgage, any or elther. ~ are not duly, promptly and fully perfor.ned, d~scharged, executrci, ettected, completed, complied with and aD~ded by, then, io eithe~ or any such e~~eiit, tt?e saiJ aggregate su~n m~•nt~ocied ~n s:i;d p~am~~sury note lhen r~maining unpa~d, with int~reat accrued, and all r.wney~ se~ ured h~ reby, shall become due and payable torth~vith, or there- s[ter, at the option of sa~d Atorigi?~;ee, as [ully and eiunpletcly tts if all ot the satd sums ot money wero originally ; at~pulated to be pai~ on such ~ay, at~ything an said prow~ssory note, and or In thia mortgage to the contrasy not- ~ withstanding; and thereuron oc thereatter at the opt~~~n of sa,d Alortgagee, ~~•ithout not~ce or demand, suit at 1aw or in equlty, theretofore, or thereatter begun, may be prusecuted as all moneys secured henDy Md matured prior to ib tnatitution. - 7. That in the eveift that at the beg~nning ot or at any tlme pending any auit upon thfa :nortgage. or to Loncloae it. or to relorm it, and!or to enforce payment ot any claims hereunder, aaid 1?tortgagea ittall apply to the court having ~unsdictlon thereot tor the appulntment ut a Recefver, auch court shall forthwith appotnt a Rcceiver of aaid mortgaged property a2l and s~ngular. inclucling all t?nd aingular the renta, inCOme, profita, lasuea and revenue~ [rom whatr~er souree denved, each and every ot ~vhich, it bemg expressly understood. b hereby mortgaged as if apecifically set torth anA d~scr~Ued in the ~ranting and habendum elauae~ hereoi, and auch Receiver shall have all the broad and efiecu~•e tun~~ti~~ns an~i Esu~~•er~ in xnywise entru~ted by a court to a Receiver~ and such appointment shall be made by auch cuurt n~ an admitted equity and a matter of ab- iolute right to safd Mortgagee, end without ~eterence to the adcyuacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or ~nsolvency a! said l~iort~agor wnd%or of the defendants, and that such ; nnta, protits. income, is~ues and re~•enuea ahall be ai~plied by auch Recetver according to the 11~n and/or equity ~ of said Mortgagee and the practice of such court. 8. It is understood and agreed that thi~ nnortgage is given to secure, in addition to the note or obligation above described any additional ]oans or future advances made within twenly years from date hereof by 1he mortgagee to ~aid mortgagors or any successor in title ot said mortgagors ot the property hereby conveyed; provided lhat the total unpa?d balance of the indebtedness secured hereby at any one time shall not exceed 3 the maximum principa! amount ot • Dollars ~ (s plus interest thereon and any disbursements made by the mortgagee for the pay- ~ mrnt ot taxes, levies or insurance on the properly encumbered hereby, with interest on such disbursements. ~ IId WTI'NES3 WHEREOF, the said Mortgagor has executed this mortgage under aeel on the day and yeu ~ hereu? first aDove ~vrltten. i ~ 3igned, aeeled and delivered in the ,reaence o!: / ' / ; ' v .L ' (SEAL) / . c rom .....I_.:..... _ . ' • SEAL) T eanor I. c strom 3TATE OF_.._..~_...l._U.C..:. ~F"• /~)gl~.`'~ ~ M. COUNTY OF...I!_L.•.._...~.---•---••••-•---•--• setore me personauy appearea._....PTsR..A...--YfLI.~K~TBS~JI[.~Ald._F~LTAKO.B...L..~![I~KS.T~Y . ~~~,•,~~ri,~,,., ; b.1s...7rtj.fe., ...............__.---•------..._-----------•-•---------.....-------•--...._...._..___.__..---..._...----------._._..----•--_.............._.._......i,~,.g~.~.., ; . ~ , ~ . 7 : to me well known and kno~vn to me to Ae the individual S, dracn~ed in and who executed the lor~~LW-. v~ ; ment, and acknowledged before me that .the_jt executed the same for the purposea th rein expresn~. r•: ' : ~ , t~ _ • b .18 : 6t - ; WPI'NES3 my hand and official aeal thia.•••..~... ~_._.----..day or.._.._ A!''~ - ~ i ~?0~ ; ' : • ' ` ~'ti <?~l. ~ -f. ~ . , . . . : - N . - ~ Notary Pu c aad for . : - a the Count d Stete Aforesald. ~t~/ 1 1~~ " My commiesion expires:~!..;:.ry ?~i-'.:. S{~taol~~c?~d~~~ LargA ~ s . . ~ iil2 K STATE OF ...............•---••---..._.....-------•......_1I t:,-- ~ , , _ - ~ ~ ~ SS. ~'J ~ / ~ 3 :~;_s:ny C~- 5:.:._~a Br caa r.rs ~ ~ cotrrrrY o~----....---•---_ ~ ....-------_._.._..__..._....._..._.._.._......_._.._.._._.w_ ~ ~ Betore me persoaallY aPpeand•--.....•-----•----••-•-•-••-....----• ~ ~ and W me we11 lmown aad ~ ~ _ ~ known to me W be the--•-•..._.._-•--... ..._..Preefdent and...._.._...__..__ Secretar~ ~ . ~ ~ ilSpE~~iVtl)? OL ~.»..r.~_._._._ ~hA COTpOTat10II ~ . ~ ~ named in the foregoing instrument, and known to me to be the perwni who a~ ruct~ otlicen of aaid corpontion. : ~ eaecuted the aame; and then and there the .~a .................•--------------.--------------------------_........--------.._...__._.._.._aaa tbe .ata ~ ....._.._.._____..~..---••-------------...__did aclc:awledge before me t2ut ~aid instrument is the free act and deed of aafd cotporation by them respectlvely esecuted at nuh o!llcers tor tb~ ~ s purpo+ea therein expreased; that the aeal thereunto attached la the corporate seal by them in Uke capRCity at- , tiued: all under authority In them duly vested by the Soard of Directors ot said corpontioa. ~ i V~: wrrrr~sa a,y n.na .na orn~W .e.i c~........._..._.____....a.y or..._...._._._......_---..._....._~..._..___.. i~_~ ,F;~ 206 01 1 ~ . Notary PubUc tn and for the County and 9tats Aforesald. ` RQ~Ep a~~~~ yIy coma~on espfrea: ~l QL[!tR CIIlCWT QOIM1 4 R!`COItO YtAlilEO..r...~~ i ~ ~ , ~ 0 F aooK 190 ~~2 ~ :4~ . ~ . ~ ~ _ _ _ _