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A, 77?at ta1 le tM ~vent ot any bre~?ch ot thla mortgaa~ o~ detault on the part ot th~ Mort~e~oe, o~ tbl 1n ,
the ~vent ~ny o~ ~aid ~um~ ot money herele reh~~ed to bs not promptly and fully pald w1t~InxYOCd~~C~1id0[ 30 days
nE~Xt ~(t~r the aame severally becom~ due and payable. without dem~nd or notice. o~ lc? in th~ event ~ach ~nd ~very
ths st~pulatlo»a, ~g~eementa. condltlon~ ~nd ~wven~nta ot ~.~1d promiss~o~y ~ote and thls mnrtKage, any o~ elthe~~ ;
•r~ not duly. p~omptly u~d fully pe~tormed. discharged. executed, etleclaf. completed. camplled wlth and ~blded
by, then. in either ot ~ny such svan~ the uid ugg~e~~te sum mo~tioned in aaid promleaory not~ then cemalnln`
unpa~d. with inte~eat accruad. and all moneys ~ecured hereby~ ahall bernms du~ and paysble torthwlth. o~ the~e-
•tte~, ~l tha option oi aald Mo~t~sges. ai tully and complstely as II sll oI tha ~aid ium~ o[ money wtn oHglnsllp
~tipulated lo be pafd on •uch day, ~?nythin~ In uid promla~ory not~. ~nd/or le thls mortgsg~ to th~ contrary not•
withstaoding; and thenupon o~ there~tt~~ st th~ option o[ said Mortgages. without notic~ or demand. ~ult ~t
law or in pulty. th~ntofor~. or lh~r~atts~ pe~va. m~y b~ Qrwtcuted a~ It ~p rnoneri secured h~rtby had m~tund
prfor to Ib Inatitutlo~.
7. That In the eveet that ~t the Mglnntns of or at ~ny tlme pending any ~ult upoe this mort6age~ or to ~
iorecioie it, to niarm i~ and/ar ta enfores payinant o! aar c!alma hrreunde~, s~ld Mortgsges aha!! a~Rlr :
to the court havin~ jurisdlctlon the~eot for the appolntment ot s Receiver. such court ~haU torthwlth appolnt
~ Recelver ot ~ald mortgaged pmp~rt~? ~11 wnd ~Ingui~r, tncluding all and singular the renta. lecome. pro[Its.
Isauea and ~eve~uea troni whatever aource der?ved. e~?~ h a~d avery ot which. it being expreasly undentood. b
he~epy mo~tgaged a~ It ~peci(icaliy set torth and deacrited ln the ~nnting and habe~durtt clauses hereot. and
~uch Receiver ~hsll h~ve ~11 the broad and e[tective tunetiens ~nd powen tn anywlse entru~ted by a court
to • Receiver, and auch appofntme~t ~hali be made by ~uch court as an admltted equlty and ~ matter ot ab-
wlut~ Hght to ~Rtd ]`tost~~ga~, and wlthout ntereece to ths ~dequacy o~ tnadpuacy ot the ~alW oi th~ prop-
~rRy n?o~tgag~d oe to th~ ~o1~~ncr or Inaol~enc~? ot wid ~to~~or a~M/or ot t1~~ d~~ndanta. and that ~ueh
rtata. Pro[Ita. Inconu. tauN and r~v~nuM ~1~W M appU~A br weh Ei~plv~e ~oooedl~ to tM WR v0/Oe pe1Ry
~t wd ~to~a~N ~ad tM pr~etlo~ ot aeh oourt
8. It is agreed by and between the parties hereto that this
' is a second purchase money mortgage, and the mortgagor herein
agrees that any default of any nature in the first mortg age~ •
shall be deemed to and shall constitute a default in this mort-
gage, and in the ~rent thereof the holder hereof shall have the
right to place the first mortgage in good standing and to add
the cost and expense thereof to the principal balance of this
mortgage, without waiving the default in this mortgage.
n~ wrrrTrss wH~n~or, tn..~a ~ores.s~oe s.. •~c.a w. me~ss.s• ~•w es w d?v ~
A.rNn nr.c seo~?. wescw~.
Nal~d s~ b tM prw~no~ o~= . -
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. 1 lp aim n o R L. FFO O, s Trustee
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f to e~i w~11,'ki~ ~known to ~n~ to M th~ Indlvidual.». MscrfbM ta aad wrho ~cecnteA th~ foeesola~ 1t~stew
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