HomeMy WebLinkAbout2649 8. TAat (a? In the event ot any breac?? ot thl~ mortg~;e or detault on the pnrt ot the rtortgw or, or IDI tn
the event any ot sa~d aums o! money herein reterred to be nat p~wnptly and tully pud within ~ daya next
~tter the same severstiy become due end payabte, w~thuut demend or uot+<•e, ur ~c1 +n the e~•ent each a~?d eti'ery
the atipulaUOns, ng~eemrats, cond~twna snd cu~•enanta c~t s ue1 prom~s~~~i n.~te and this murt~age, any or efther, i
are not duly, promptly and fully perto~:ned, discha~~;ed, executrd, etiectc.l, completed, complied with and sb~ded ~
by, then, ~n e~ther or any such e~~cr~t, tlie ssid aggregate su~n mrntione~i in s:?~d pro~n?ssory note then rema~ning
unpsid. ~vith intrre3t accru.rd, and sU nwney~ ser~u eJ Ii. rcGy, shail becum~ due and payable torthwith. or there- 3
atte~, at the opt?on of sa?d ~tortgu~c~, xs fWty and c~~mpletely as ~i all o! the sn,d sun~s ot money w•ere originally '
st~pulated to be pa?.1 on such .lap, at~yth~ng ~n ~ai~f prun+iasury nate, an~l or ~n this aiort6age to the contrary not- c
withs:anding; and thereupon or the~ea[ter ~it thc opt~~m saad bturt~agee, ~~•ithout rtoGce or demand, ~uit at }
law or in ~-qufty, theretofore, or thereafter Degun, may be prosecuted r~ ~t ~ll muney~ aecured hereby had matured ;
prior to ~ta instiwtion.
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T. That !n the event that st the beginning ot or at any ttme pending any auit upon thte mortgage. or to ;
foreclose 1~ or to reform it, and/or to enforce payment ot any clsima hereunder, aaid I?iortgsgee shall apply i
to the court heving jurlsdictlon thereot for the appwntment o[ A RCl'PlYer, ~uch court shalt forthwith appoint ~
w Receiver ot said mortgaged property ali and s~ngular, incluJing ali and a,nguiar the rents, tncome, pcoifts, f
taauee and revenuea [rom whatever source den~•ed, ea: h and e~•Pry ut ~~•A1ch, it Demg expreaaly understood, li
hereb~ mo~lgaged a~ it specifically eet torth and descnted in the Rrant?ng and habendum Clausei hereot, and i
such Receiver ahall have eti tht broad Rod etfect+~~e fun~t,,,ns aisd ~~u~~~~r~ in xi,v~a•lse entruated by s court `
to a Receiver. and such eppointmenl shall be msde by ~uch court as an edmitted equity and e? mattes ot eb-
solute tight Lo sald l?tortga~ee, and ~~titho~~t reference to the adec~uacy or inadequacy ot the value ot ths prop- ~
erty mortgaged or to the solvency or insolvency ot aaid atort~a~or snd'or ot the defendants, and that such
rents. profita, income, is9ues and r~ti~enues shail be a~~plied by such ftecei~•er wccording to the lien aad/or equity '
o! sald Mortgagee aad the pracUte oi such court. . ~
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligatiun
above described any additional loans or tuture advances made within twenty ~•ears tmm date hereoi by the
mongagee to ~aid mortgagors or an~ surcrssor in litle of said mortgagors af the property hereby copveyed;
provided ttiat the totat unpa~d balance of the indebtedness secure.i hereby at any one time shall not exceecl
the maximum principal amount ut Dollats
(S plus interest thereon and any disbursements made by the mortgageP for the ~?ay- ~
Rlrfit of tzYes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IN Wl'rN~S3 WHEREOP', the sald Mortg~gor ?~aa executed this mortgage under seai on the day and yeu
here?n first ~bove ~vrltten.
3ianed, sealed and delivered in the preeence ot: /
~
:
' W . (SEAL) ~
, , ~ enne t . Gorsuc
~ ' ~ `
: . . /
~ J
(SEAL)
an A. Gorsuc
srw~ oF ri......------•-•--•- ~ -
~
covu~r oF-.---._.~~c.~-l..v~tl.-------.
Before me personully appeued...~'~._.5:.~._.~$~~$_..flIIS~,.._~._.~._ ('1]RS,~ISHT ..~.5?_
wi fe
to me well known gnd kno~~•n to me to he the indi~~dualS~. descnbed in and who executed thb toreg~pf~ 1A+strw
ment~ snd acknowtedged before me that .the.jt. cacecuted the same for the purposea therein expresssd,M ~,_Y:,:,,,,,
• ; =
.
WITI~TES3 my hand and oftlci~l seal Uua.._.. ~~~..._.day oL.---•---..r~B.C~I~..._r. •
G : : ; _ - ? . . ! •i~~ _ f ~ . j ` s
_ _ i ~ Notary Public in and for ~ - ~
the Couniy and State Afot~dl~ • S:
1-. ~
My commtasion expires: ~ ' ± 1~s:
STATE OF__._ .
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. t,
.
s~_ , . - . .
. ~•s •
. ~
COUr1TY OF-----...•-•• ' ' • -
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Betors me personallY aPPeai'ed-.•--•--._.....--~
LO QI! ~?!u mOWR aDd ~
a11~_._.."" °
known to me to De the--•-•--•--•--•--••-•-•-•-•---•--..__._.Praldent and.__..._.._..----_.._.._.•---.--•-••-•---•-_-••-•--_._....___....__...._... S~cretar~
_tivel of ths corporsUon
respe'' Y •
nained in Lhe [oregoing inatniment, and known to me to be ths perwn~ a?ho a~ su~ olAcer~ ot safd cotporaUo0. 3
executed Lhe same: and then and there the ~ald-.-• ...._---------•••-•-••---....-----°--•..._-•_••--......_....--•--•.......___..aaA tb~ e~ld ~
~
...~~..r.••._----•------•-------....__Afd acknowledge Defon me L~ai aafd '
tnstrument t~ the tree act and deed ot said corporetion Dy them respectively e:ecuttd aa such oMcen tor tb~
puipoaes ihere~n expreased; thst the ~eal thereunto attached f~ tJ~s corporate ~eal by Wa~ tn lik~ capacity at-
fued: all under wthority tn J?em duly vested by the Board oi Directors of aald corporation.
~g my haad aad otAcia! ~eal thfs. ..........._..__._...._day of..........._--_-••....----•••_•-._....__.___.._._.~ 1~__~
~ FIlEO ~NO REC pR E
ST. lUC1E C011NTY :
f10CEA ~ptTRAf ` - . . _
. - - - -
CIERR CIRCp~T pprRT Notary PuDUc tn and foc
RECORD I/ERIFIED..y~,~~`~` Lhe Countq aad 8tate Ators~aid. .
' ~y commiraion exptre~: ~
ArR t 1 I I 46 AM't I
2U8~010
8~~~ 191 2644 .