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HomeMy WebLinkAbout2045 s, Tl~at (a? la tA~ ~eent o! any breacA ot thls mo~tsase or detsult on the pivt ot the I?tortsngor, or 101 W th~ event ~?ny ot uid auma of mo~ey herein reterred to be not promptly snd tully paid w~thin ten daya neut utter th~ same severaily Decome due and payable. without demand or not,ce. oc ~c? in the ev~~t eacd lu?d evary th~ ~Upulations. a~reemeata. conditions and ~~ovens~b ot aaid pwm,sso~y nute and this mo~tga~e. any or elther. ar~ twt du1y, pwmptly and tully pertormed. dischRrged. eacecuted, e[tecte.i. completed. compUed with ~nd sblded Dy. theq, In e~ther or any ~uch event. the asid aggregate sum m.~nUoned in aa~d prom~saory note then remuNn~ i unpaid. wftb intareat acc~ued. and aA monaya secured h.reby. shall become dua and payable forthwit!?. or there- ' ~tter. at the option of said Mort~agee, as tully and completely as lt all ot ths said aum~ ot money w~n originally ? stlpWated to be puid on such day, anything in ~aid promissary note. and ~ or in this mortga~e to the- contcasy eot- { wit!?stsndins; and thereupon or there~ttar at the optwn ot said Mortgagee. ~ Ithout nouce or demand~ ault at ~ law or ta equlty, W~retotoh. oe theceatter Oe~un. may bs prosecuted eu it all moneya aecurod henby had matured ; peior W lta laaUtution. ~ . 7. That in t!u ev~at that at tM bgtnniat ot or at W tlme pending any sWt upon th1~ mort~s~~ or to 4 forsclws l~ or W r~tornn it, ~nd/or to enforc~ paymsnt ot any claliru Aereunder. ~ald Mortsaae~ ~hW appl,~? ~ to tha Couct havins jurisdletloe thareot tor the appointment of a Receiver. auch eourt shall torthwlW Rppolat ; a Recefver of ~aid mortgag~ed property all a~d aingular. fncluding aU and ainguler tha rent~, lncome, protlta. ~ I~suq and revanuea ~oom whatever aource deHved. each and every ot which. ft Detns expttiasly undentood. l~ ~ hereby mortgaged as il ~pacltically set forth and descriEed in the granUng and haDendwn clausea hereot, and i ~ucb R~ceiver ahall have all the broad und ettectlve functin~~ and po«ers in anywise eatrwted by s court ta ~ Recelvsr, and auch ~ppointment shall be made bJ? ~uch court ea an admttted equtt,r and a mattet of ab~ i wlut~ rfsht to said Mort~sge0. a+?d M?lthout re[erence to the adequacy or tnadequacy ot the valw of the prop- ~rty morttased or to th~ ~olvency or insolvency of said I~tortRagor and/or ot the detendanta. aad that such » aa d~[~or~3~L« om~. is~uea and cevenues ~hall bs ~pplied by ~uch Rec~tv~r acoord?ns W tA~ t1~a aod/or ~qufty ~ aad the rsctlee ot such court 8. lt is u~derstood and agreed that thia mortgage is given to secure. in addiUon to the note or obligation ~ above described aqy additfonal loans or tuture advancea made w~thin twenty years tmm date hereof by the mortgagee to ~sid mortgagors or any successor in title of said mortgagors of the property hereby conveyed; provided that the totai unpaid balance ot the indebtedness secured hereby at any one Ume shall ~ot exceed the maximum principal amount of _ - - - - . Dollara plus intereat thereon and a~y disbursements made by the mortga~ee tor the ~,ay- ment of taxes. levies or insurance on the pmperty encumbered hereby. with interest on such d~aburaements. II~i W!1'ri~SB WH~RmO~'. ths uid Yo~r ha~ ~x~cuted thl~ raortsap under isal on tM dar and ysar ~ uiiziia iii sw:s .~•ii:~*."'.~ Stsn~d, aealed and deHvered in the preseace ot: ~ ~.a.~.: x •G~ ~A... 1i ~ ~ c ~Gr~-- ~ - .t ~~,,i. ~ ~ I" r _ . I ' • ~~i•~'~y :t ~i:;}. . ~ r~ay ~k~~~;~ . ...~'~q~ s , _ ~ . ~S .,n~•~ . ~ ~ ~ ' ±=t, ~,;,'p~s~oo.uY +?rP~-.~. . - , _ ~ ~ _ inatrw ~ to ms wrll and known to me to be the individual.... described in and w1a executed th~ foreBeln~ ment, and aalwo led~ed befose ma that ....he.... exacuted tha same !or t2rs p U~reln ~cpressed. ~{~j j~i$$ Mr ~l~ld a[1d Of nC1L~ Kil L$1~." 10~. 7 f { ~ ~ ! NOL~T~I C 1II ~OI~ t0? the County aad 3tate Atore~ald i ~ ~~on ~p~: ~ a 9 7 ~ STA1`6 OF.._.....__..........._.._._.........__. ~ O~UP1T! OF..._..__._......_...._._...._...._. Befor~ ate parsona117 ~PP~ars~...._...~_.._.._--------• aa~...~-------------__.. Lo m~ weli ]mo~?n aad knawa to m~ W bs tbe__...... ...._........._Pnddent aa S~cr~tar~ napactiver or cee oorporauon namb in the toresoins iastrum~t, and ]mown W me to Ds tl~ parran~ who a~ auch olIIos» o~ utd oosporatbo. esecuted tt~a aame; and thea aad tMre tt?s qib-•_--_._......~_....~._..~..~ aad t~ Mtd ~ ~c1ma~?~e bKor~ me t2sat wfd ~ eaecuteA a~ mch ofAcer~ for th~ instrument ts the free act and deed oi sai~ oorporaUoA by them respsct1va11 purposea tMrein expres~sd: tlut the ~eal U?ereunto attacLed b th~ oorponte aeal D~ tham tn like cap~clty at~ ~ lf~ced: a11 ~adsr anNoeity tn tMm duly ve~ted by tbs Board of Dlnctors o! ~afd corpontloa. ~ - ~ lY.._._ WPPNl89 my hand aad o[AeW ~sal tLis._...... _d~,~ a[-...»...._..-........ ~ ~ i~~EC ?,~c aECOI?DEt~ st. L11CIE COt~Mir Ft~• Notarp Publlc tn and for ~ ~K Ci~GWt the Couah aad 8t~t~ wtot~a~a?d- ~ y~y oonoml~lon esplsM: ~E~p v~P?ftf9~ ~ ~ Z~ 51 - z+~sg~ 1 g~o~ 192 ~04 ; _ . . ~ _ ~~a,`-~~..,. ~ , ~ .1 ; ~ ~c , ' 1 ' ~ x.~. _ . . . _ . . = - a. ,