HomeMy WebLinkAbout0489 6. Ttut (a! In the event of an~ breacA o[ thi~ m~rtgage or default on the p~rt of the biortgngor, or lb? tn
tha event ~ny oi sa~d aums af m.~ney here~n referred ta ba not promptiy and [ully paid within t~da
yi next
~ite~ Lhe same severally become due and paya~te, v?~~thout demand or aot,ce, or ~cl in lhe event ea~"and every
Lhe at~pulac~ons, agreemenis, coredii,ona und co~•enanta ~t a~,d pron~~ss~~i note snd ttus mortgase, any or elther,
a
are not dul}•, promptly and fu11y per[ormed, d~schar~Pd, executed, effected, completed, compUed w~th ~nd aD~ded
by, then, ~n e~ther or any such e~~ent, the saud aggregatc sum m~•ntl~ned ~n sa:d promissory note thee trmuntn~
unpa~d, v~•~th ~ntrresl accrue3, and ail mone~~s ~e~ +u•ed h~ repy, s2?aU becum~ due and payabie torthwftA, or thete-
?fter, at the option of xa~d rtortFx~;ce, as tully and c:~mpietcl~• as ~f all ot the sa~d su2ua of money were origtnally
si?pulated to !x pa,d on such Jay, anything ~n sx~d protr:,ssc~ry not~, and or In this r.iortgage to the contrary not-
w?thstanding: and thereupon or thereafter at the optu~n .~t sa,d I?iort~afiee, ~~•ithout notice or dcmand„ auit at ~
law or ~n equlty, theretofore, or therei?tter begun, may be prosecuted as ~f all moneys secured hereby ttad matured
pr?or to its insUtuUOn ~
T. That in the event that at the beg:nn:ng ot or at anq time pending eny suit upon thi~ mp '
~'~1$e, oi i0 f
lorecloae it, or to reform it, e~nd or to enforre payment of any dams hertunder, ssid Mortgagee ~t?a11 apply •
to the court hav~ng junsd~cttan thereaf tc>r ihe aF~pwn:mer.t of a Reccive~, such court ahall forthwith appoiat '
a Receiver of aaid martgaged pro~ert~• all and singular, lncludmg all and aingular the renta, fncome. profit~, ~
iasues and revenues from v`hatr~~er avun~e dcn~•ed, ea,~A and e~•ery of «•hich, it De~ng expressiy underatppd, L ~
hereby mort~agFd aa it ~peciticall~ set torth and descnted ~n the Rranimg and Aabendum clausq hereof~ atrd ~
sucA Recelver ahall have all the brnad wnd e[fectn•e funct~~ns and po~~~era m anyvv~se entrwted by a court
to a Recelvsr, and auch aapo,ntmPnt shxll be madr by auch court a~ sn admitted equity aad a mattlr of aa ~
iolute nght to aaid Mortgagec, and v?tithout reference to the ~dequacy or inadequscy of tt~e value oi the prop- #
erty mortaaged or to Lhe sotvency or insot~•enc}• o[ sa~d riort~nfior and'or ot ihe detendania, snQ that tucb )
renta, prohts, income, iseua and re~•enues aAall De a{~p11ed Dy such Receivsr accordfna tp tbe u~ aad/oi equity #
of said Mortgagee and the praciice af auch ceurt.
8. It is understood and agreed that thi> mortgage ?s g~~•en to secure, in addition to the note or obligation
abore describrd an~• additeonal loar~c or future advances made within twenty years tmm date hereof by the
mortgagee to ~a~d mort~agors or anti• succ~ssor in title oi said mortgagors of the properly hereby conveyed;
pro~•ided that the totai u~paid balance of the indebtednes~ securnd hereby at any one time shall not exceed
the maxunum principal amount of Dollats
(S l, plus interest ther~,-?n and an~• disbursements made by the mortgagee for the E,a~-
mrnt of taxes, levies or insurance on the property encumbered hereby, x~ith interest on such d~sbursements.
IN WIZ'NFSS V~PHEREOF, the asld ldort6agor hat exec~Led thts mortsag~e under seai on tM day and y~
herem fuat abo~e ~vrlitea
3t~ned, ~ealed and deliveret! in the presencc . ~ ~ '
- ~ ) ~ ~ :
- ' csEal,) :
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Ronald E. Burna,giel
_ t^ ' ~c - ~ , isEAL~
) ? ia.nne Burna.giel #
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STATE OF-----..---~i'e-L'~'_~ , '
:
G~OiTNTY OF...___--••--°-- R
Ronald E. Burriargiel and Julianne Burna.giel,
Before me PerwnallY aDP~ared.•---••___.._.._.~.._._.....~_._..----~ r._.._.._.._.._
_.~],LS._~d11fQ,.__--_._....___._--------._..__...--•--.._._..___.___.._..__..._._---___._._ . ,
to me well knoH~n rnd kno~a-n t~ me to be the indiv~dual s dGVCribed in tad ~ho executed the foregoiq~~~nti . ~
tnent, and ~eknav~ledged before me that _._~e_~r ezecuted the same for the purpoaes Lhereia expressed.. ' ~
_,,..r~.,.,.~ a~ ~
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K'ITNESS mq hand and official seal tdia-----0'~~.--._..r.day oi..,~~ ~ I
....s~~~2 / ~ . • • -
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« o Dlic in aad for , w _ .
the Coun aad State Afor~s~iBr~`•., ~ _
p ~ .
My commission expirea: ~i ~ _
$TATS OF_...---••--•••-•-••- ~ " ' ^ ~ ^ .
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t~ 2- ji ~ ~1
sa- . ,
COUNTY OF---...-----•------•_-•••------•------•--~ ,
(-~y_ 7 j
serore me pe,nanaur ~?PP~~----------------•-------~--•-------------__.._.____...___..._..
an~....••_•---.._.....----.._..._......._----._._~__. ~..r._._...._.._....._ Lo ms wtII lmo~vn aad
knovms to me to be the---....-••--•---•-•..__..-••_.......Preddent w~__~__.~__..~.._.....___ 8~cr~etar~
reapectively of tD~ corponUo~
r?amed in tbe foreaoint izutrumeat, and knoK~n to me Lo be tha pe»oJU wbo as tticb olIIosrs ot ~aid oorpor~t~on.
executed tt~e same: aad then aad there the ~ai~-•-•-----_.._.._--••---•--••---••-•..._..__..___..._._.._..___.____......w__aod tht Wd •
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................................~------...r.._..... ___.__.___.._._._...._..ma .ckao«1~ar. bKo.~. ~r,. ce.t we .
instrument fs the free act and deed of aald corponUon bq tt?em roapscUvely ezscuted ru m~ch oMoa~s for tD~
purpo~es therem exprea~ed: that the seal thereunto attached b the corporate seat by them fa lflcs capsclt~ at-
lucd: all uadar authortty in them duly vrsied by the Sosrd of Directon oi uiA corporatioa.
WITI~B my t?and ~ad o~ricia! ~sal ttus ...----...__._~~._._day ol...~_._._____...._._.._.__.._---• 1P.w
+ ;
i1lED ~MO R Cp ~ tJ ( ~ ~ - - _ .
~ . . . . .
- tT. lUC1E Cp~MTy Nawr~r Puelic tn u~ for
ROCER PpitRA= tt?e County u~d Stat~ wtonw4.
CIERR CfRCYlT COWtT Hr oommfr~on ~ptra~:
RECOAD YERIf1Ep~„~,~!
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