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6, That (a) in the event of any breach of this mortgage
or default on the part af the Mortgagor, or (b) in the event
an~~ of said sums ~f money herein referred to be not promptly
and fully paid aithin ten days next after the same severally
become due and payable. without demand or notice, or in
the event each and every the stipulations, agreer~ents, conditions
and cavenants of said promissor}• note and this mortgage, any
or either, are not duZy, promptly ar~ fu12y performed, discharqed,
executed. effected, completed, complied with and abided by, ~
the~, in either or any such event, the said aggregate sum men-
tioned in said promissc~r~? note then remaining unpaid, with
interest accrued, and all mo~eys secured hereby, shall become ~
due and payable forthwith, or thereafter, at the option of said
*lortgagee, as fully and completely as if all of the said sums .
of money were originally stipulated to be paid on such day,
anything in said promissory note, and/or in this Mortgage to
the contrary not~~ithstanding; and thereupon or thereafter at
the option of said Mortgagee, without notice or demand, suit at
la~.• or in e~uity, theretofore, or thereaf ter begun, may be
prosecuted as if all mor.eys secured hereby had r.tiatured prior
to its institutior..
7. That in the e~Tent that at the beginning of or at any
tiz:~e pending any suit upon this mortgage, or to foreclose it,
or tc reforr.: it, and/or to enforce payment of any claims here-
under, said Mortgagee shall apply to the court having juris-
~ictian t2:ereof for the appointment of a Receiver, such court
shall forthM*ith appoint a Receiver of said mortgaged property
all ar.c singular, including all and singular the rents, income,
profits, issues and revenues from whatever source derived,
each and every of which, it being expressly understood, is
hereb~~ mortgaged as if specifically set forth and described
in the granting and habendum clauses hereof, and such Receiver
shall have all the broad and effective functions and powers
in anyscise entrusted by a court to a Receiver, and such appoin-
ment shall be r.?ade by such court as an admitted equity and a
matter of abso2ute right to said ~iortgagee, and without refer-
ence to the adequacy or inadequacy of the value of the property
r~ortgaaed or to the solvency or insolvency of said Mortgagor
and/or of the defendants, and that such rents, profits, income,
issues and rever.ues shall be applied by such Receiver according
to the lier. and/or equity of said Mortgagee and the practice
o~ sucl-~ court.
8. To duly, promptly and fully perform, discharge, execute,
effect, complete, comply with and abide by each and every the
stipulations, agreer.tents, conditions and cavenants in said
promissory note and in this tnortgage set forth. •
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OFFICIAL REC4Rt?
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