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HomeMy WebLinkAbout1057 . ; 4. '!'aat (al tn th~ ~vent of any breach ot thts moetgaae oe detault on the part ot tM l~forts~?gor, or tb1 tn , ths event u+y ot a~id auma of money h~rain ret~rred to be not prnmptly and tuUy paid withln ~eA d~y~ Aext ' atter the same aever~lly becom~ due and payable, without demand or noticc, or ~c) in th~ ev~n~ ~a~ ~~v~r~r ; the st~putatioru. a~reement~, condltians and ~~ovenants of said pmm,asory note and thU mort~a~e. any or tither. ~ are not duly. promptly snd tully pertormed. dlschsrged, executed. tifecte.i completed, complled ~,,,ftb ~nd ~p~db Dy, then. in elthe~ or any such evan~ the s~id aggregate sum mentiorted in aaid promfasory not~ theu rrmun(n~ ~ unpaid, with jntereat acerued, and all moneys secured hcreby. ahall become due and payabls torthwith~ or there- atter, at the optlon ot aaid Mortgagee, as tully and completely as iI all ot the said sunu oi money wtre originWy stipulatad to be paid on such day, anything in said pron~iaaory note, and/or tn this mortgate to th~ contraty not- withsta~ding; and thereupon or thereafter at the option of said I?Iortgagee~ without notice or demand~ ~uit at Iaw or in equity, theretofors, or thereaiter begun, m~y bs proaecutcd as if ait moneya aecw~ed hereDy had tnatused prior W !ts institution That fn the event that at the Deginaina ot or at any dme pending any aWt upon thi~ mort~a~a or to torecloae it, or W retorm it. and/or to enforce payment ot any cluma henunder. aaid Mortgagee ahal! apply to the court having ~uriedictlon thenot tor the appolntment ot a Receiver, auch couri ahall forthwfth appolnt • Recetver of said mortgaged pmperty all and aingular. including ap and singulat the tents. tncwne, proLts, Lsues and nvenues from whatever soutce derived, ea.:h and every of which. it beins exprea~ty understood~ L heraby mortgaged as ii speci[ically set to~th t?nd descr~t.ed in the granting and hapendw~s clau~ henpi. a~d such Receiver shall have W the broad and etfective functi~ns and po~vers in anywise entrusted by a court Lo ~ Receiver. and auch apgointment shall be made by sucb court aa an admStted eqWty ai?d s mattet of ab~ ' ~olute right to aafd Mortgsgee, and without reterence to the Wequacy or lnadequacy ot ths value ot th~ prop. ~rty mortgaged or to the solvency or inaolvency of uid Mortgagor and/or ot the detaadanta, and that wch rents. protlt~. income, iaauea and re~•enues shall be appliM by auch Recetvar aceordina to t2N lien aad/or equitr ot ~aid ~[ortgagee aad the prsctloe at such court. 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or o~igalien above descr~ ''onat loans or future advareces made within twenty years from date her`eof by the mortgagee to said mortgagors r in ti11e oi said mor ot the property hereby conveyed; providecl Ihat the total unpaid balance of the i hereby at any one time shall not exceed the maximum principal amount ot " _ Dollars (i plus interest thereon and any disbursements made by t e ort~ag~e..i~ the pay- ~ni of taRes, ]evies or insurance on the property encumbered hereby, with interest on such disburser~f~rrts;- II~t WTrNE83 R'HF.R~OF. the sald Mortg~or tua axecuted thls mort~ap under ~eal on t1N d~r and y~ Aerein firtt aaov~ w?ritt~. 3iansd. sealed and detivered 1n nce ot: ~ C~r- DALE SUPPLY CORPORATION ;.~:~,.~r : ~ ~ i~ . ~ _ . ~ ...i....: ~ ~w.~ -'•==-----._.L..r_c.~: --'`._..w_ Pr erit ? G, - •~f - ' ~ e1 = Attest : • = v•• ~ ~ c`: Secr a - ~ ~ M 4 O l: . • f ~ •~l11~~~~~~.\w•, ~ 1 $TAT1S OF---.._.__.._._...._.._.....----.._...___. ) ' ~ } K ~ COUNTY 01P'_.___._ .......................•-•------...1 Before me Person+IIY ~PPears~---....._.__~_..___ to me well known and known to me to be the individual.... described fa and wM executed ths fore6oin~ ftutru- ment~ and acknowledged before me that ....he._., eacr,cuted the aame for the purpoiea thenitt euprsssed, 1iV1TNES3 my hend and olficlal seal this~--•-•-•-•-•--.._.....,...day oL.+_ , 1~........ F~LEO A+~c aECO~ofe R~'._..~......___.~. st. ~u~+~ r.ou~nr fu ROCER : OITRAE CIERK GiSCW~ COt1R~o btic in aad for ltEC0i2D 11E~~~1fD..~.:~ .:~.ty a~ State wforssaid. ~ ofi__ • l~ 31 3 3~ PN'~'~ ~°~on ~p~.: - - ; : ~~oF_~ 20s 928 ~ $efore me personally appeand.....f3ES?r~.._F~31.I2P..r].Il....... . ~ ~ ana ~~...~~G_rin. co m. wtn ]mawa am 3 : t known to me W be thc---.......__.._.....__.._.._._...Preddeat ~ad» S~er~tas~ ; .....~?l,l.e._.$ll 1 ...~lS d ~ , re~pecttvely ot FP It. ~r ~n-.---._._....._. tL~ oorporatioa named m the forepoing lnrtrumsn~ aad kaown w me to bs tJ~ per~on~ wbo a~ aacL of~o~r~ ot ~afd oosporatlon. ~ eaecutcd the aame; ~nd then aad there ths ~aid..._____........H@rZl Ha1~@ri.ri~ ~ ~~d ~ t ----------------------------------_.._.._Mary_Halnerin ...~.w_.._._........_.._..._..dfa ackao~rledse b~for~ m~ that aid instrument ts the tree sct and deed o! ~a1d corporation by thsm respsetlvely euecuted v such oMdrr fos t!N purposcs therein expreased; that the ~e~l thereunto attached fs ths oorporab ~at by tham !n lilce np~eit~ d- s ti~ced; all under authority 1n them duly vested by ttie Board of DlncWrs o! u!d corporatiao. ~ ~ wrrx~ss ~y n~a .na ore~w .s.i w,_.... ls t ._.....a.y rch, : _ ~ ~ , CMEM ~ Tll~ c ~ ~ •;J~~. ~ . • . f~IN P~ Ft'~EIVFD ~ 16LE 19l~tt~ Notary PubLc tn and ~pr • s , . - ~ D':E R 20724. I~1S tbs Couai; :.ad 8.~ata Ator~ald, , Pc::.StiAKT i0 CW1P1` Yy oommlr~fon e~cpirw: - GtW'tt GaUrt ~ P.OG: ~t P01 ~ fiAS. qe~k : _ . , - - CANIEL N. KNOWLES~ 1R u~t~ P • ~1: . ; ; •J _ as I~ert fct c~J1~i~`~i~ fi~ :/f l.: f~..,~A hi Y~~~~~%` J~, ~1~ WV.~~~ 1~ ~,~CL~ •(itiDtD TNR Ut M~IpCDt•M~ DI[S7 ~~~'!y' 'p . [LNO/~~,1' ~ ~ ~ o~e+,rr c~K ~ 3 ~ 7 Y ~ BQaK 191 to~ _ _ _ - _