HomeMy WebLinkAbout0701 8. That !al ln the avent ot sny breach ot thi~ mortgage or default on the ptrt ot the TiortgAgor, or Ib? tt~
the event any of sa~d sum~ ot money here~n ~eferred to De nat pramptly anJ tully paid w~thin ~x~c~~c 30 days
after the same seve~elly brcurne due and paysble, x~thuat drmand or nuti~~~, ur ~c! in the event each and every
tha at~pulations. agreamcnts, caid?t~ona and ro~•rnants ut s:ud p~um~s,~ny n„te and thly ~nnrt; age, any or either,
are not dul}, promptly and [uUy per(o~med, discharged, executed, etiecte.i, compteted, complied wltli and abided
by. then. in cither or any such event, the sa?J aggre~:.te sum m~~nt~onrd ~n sa~d promissory note then rema~ning
unpa~d, with interest accrued, and ail ~uor.eys se~ ~ued h~~reby, shall becume due xnd payable forthwith, or there-
a[ter, at the option ot satd AtorLgi+~;ce, as fully and c„n~pletcly .~.s 1t aU ot the sa,d sums o! money were originally
stipulated to be paid on such day, an~th~ng ?n s~~d prunussory note, an~i or in thi~ mortgage to the contrasy not-
withstanding; and thereupon or thereaiter at the opt~~~n of sa,d btortgagee, ~rithout not~ce or demand, suit at
law or in equlty, theretoforo. or thereatter begun. may be prosecuted as it all money~ secured hereby had matured
prior to its instiWtion. ,
T. That in the event that at the beginntng ot or at any time pending any auit upon thls mortgage~ or to
foreclox i~ or to reform it, and:'or Lo enforra payment ot any cla~ma hereunder, said Diortgagee ahW apply
to the couct having jurisdictio~Lhereof tor the appointment ot a Rece~ver, ~uch court shall forthwitl~ appoint
a Receiver of said mortgaged property ait and s~ngutar, mcluding alt and singular the rents, income, pro~ti,
ia~uea and re~enue~ trom whata~~er sourc•e deri~•e3, ea: h and erery ot which, it Demg expresaly understood, fi
hereby mortgaged a~ it ~pecificaUy set Sorth and descnted in the grsntmg an~ habendum clau~es hereof, alnd
such Receiver shsll h8ve all the hroad and effect»•e fun~~U~ns and pu~4•er~ in xm~v~se entcusted by a court
to a Receiver. snd such appoin[ment shall be made by such court a~ an admitted equity and a matter ot ab-
sa?ute right to said Mortgagee, and «ithout reference ta the adequacy or Inadequacy oi the value o! ihe pmp-
erty mortgaged or to the aolvency or insolvency of said Aiortgagor andior ot the defendante, aad that such
rents, pmtit~, income, i~uea and re~•enuea shal! be a{~plied by such Recei~~er according Lo the lie~ and/or equitq
of said Mortgagee and the practice of auch court.
8. It is understood and agreed that this mortgage is given to secu~e, in addition to the note or obligation
above described am• additional luans or tuture advances made within twenty years trom date hereof by the
mortgagee to sa~d mortgagors or any successor in title of said mortgagors oi the property hereby conveyed;
providec] ihat the total unpa~d balance ot the indebtedness secured hereby at any one time shall not exceed
the ma?~imum principal amount of Dollars
(S 1, ptus interest thereon and an~• disbursements made by the morlgagee for the pay-
mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IN WITNES3 WHEREOF, the sald biortgRgor has exccuted this mortgage under seal on the dny and year
herein lir~t above written.
8laaed~ aealed snd dellvered in the presence ot:
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- w E~mun . Ka,dlubowski `
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~ ~BT. KocEa~POi~ ~2 , ~ -c~. -~.~-•1 ti SEAL) 4
CLERK CIRCUIT COU T a Ka. lubOWSki #
RECOllO YERIFIEO
- ~ 16 I s6 PM' ! ~
3TA1'E OF-•-•--=~-~'l ` : ` i•L ~ ~ ~
oF..._~-~- 2 0 S 7 0 7
Befors me personallY aPpearecL••••-•--•------.~c~~~_sT,....~~~~~1~~~..r~,A.d..~~._..._._..r.__.
. :,t KADLUBCWSKI his wife
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~~~`~,,cQ~ ka~own and kno~vn to me to he the individusl descnbed in and wha executed Lhe foregoing it~stru-
,'~_L•': , ':~d ~cknow)edged before me that __.~ey. executed the same for the purpo~e~ thereu? expressed. ~
Y. " ' } ' . ~
.'~r~ T'~.~_ j, :~1'N~SS my hand and ofttcial seal thia..... t~..•---•----day oI._......:._..~._. N ~ , 19..(.~.. ;
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{~.~ia'r;7:;:~ ~ v• Notary Public tn and foc`: ~
•:r:.:.-•_~'~~ the County and State AtOre~aid. ~
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v.~ My commlaston expires: ? i`..•~ l• i ~ ~
' 8'!~'1'~ OF.....-•---........-•••--••-.-•°-~-• - :
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~odtn~rY oF---•--~•--------------------------------~-- _
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Before me personally appearect.---......-•----•-•---• i
aad.-----•-•--•-•-• to ms well ]wmpn and '
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known W me to be tbe ......Preafdent an~L.._._...._._-•_--..-•_--_••_- • - Secreter~ ~
reapectively of - - - ths corporsUon ~
named in the foregoing insinunent, and known to me to be the persona who u such o!licers of said corpontton. ~
exccuted the same; and thea and there the iald-• ..............•--•••------....._.•--•-•.......___...---.._..._.._......-----.._...._....._...and the Wd '
--.---.._..-•--•-•-•-._...----•---..........._,_.__~.r._._.._. ......______._._....__..---•--•---•--_.__..__did acktaw2edge bators me that ~ald ~
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tn+trument te Ne free sct and deed of aald corporation by them nspecUvely executad u auch of!!ce» for tb~
purposes therein expreased; that the sea! t]~ereunto attached U the corporate seal by them tn liks capsclty ai-
fixed; ell under authority 1n them duly vested by the Board of Directors of sald corporatton.
WITNESB my hand and otficial ~eal this.......--•-•------._..._.dsy M--•••--_._.._-•-..._......_-••--....._._.__._.._.., 10.._~ ~
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Notary PubUc in snd for g
w~ S 1~ ~ ~ the County and 3tats Atoreaatd. ~
~ J ; C.1.''~ !iy commLufon eapires:
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