HomeMy WebLinkAbout1513 a. TAat (al In t!~ ~vent o! any bca?c1~ ot thia mo ue or detault on the pa~t ot tAe blo~t~~nP~or, or Ib? tn
the event any ot s~~d avrr~ of money here~n refer~sd~~ pe not prumptly and tully pa~d w~thin~h daya next
atle~ the same seve~aUy becume due and payaDle, v?ntl~oUt demand or not~ce, or ~cl in the eee~t each wnd every
the st~pulat~ons, sgrezmenta, cond~t~ons an~i co~~er~ant~ ot a.t~d prom~ssu~y nute and thi~ n~nrtgage, any ot elther.
are not du1y, pwmptly and tully per[ormed, d~scha~ge~ e~ecuted, etfecteJ, cumple:ed, complied wlth aad a0~ded
py. then, ~n e~tht~ o~ any such event. the saiJ aggrega,te sum m.•nt~oried s~,d p~om~ssory note then rcmaining
, unpaid, with entrre3t acciue.f, and ail money~ se.~~~~cd Rc~by, shail becume due and payable [orthwith, or tl:ece-
atter, at the option ot xa~d 1?tortgagee, aa tully and c~~m~letely as ~i all ot the sa~d sumy ot money v?ere originslly
st~pulated to be p~~.~ on such ~ay, aaythtng ~n said prar~asory note, an~i or th thia mortgage to the contrary not-
v~~th~tand~ng; ~nd ti~ereupon or therea[ter at the optnm ot sa~d \Iortgagec, ~~•ithout notice or dem~nd. ault Rt
law or in equlty, tR~tretofore, or thereatter begun, may be prosecutcri aa ~t ali munaya secured hereby had matured
ptioi 2o its ~ostitution. ,
7. That !a tiu eyent that at the Deginning ot or at any tlme pending any suit upon thls mortgage~ or to
loreclose ft, or to retotm it. and!oc to entorce payment o! any cla~ms Rereunder, said ~tortgsgee shall ~pply
to the court heving iun~dictlon thereoi tor the appct~tment ot a Rereiver, such court shall torthwith appoiAt
. a Recelver ot said mortgaged property W and singat~r. includ?ng all and aingular the ~enW, lr?come. protita.
` lasues and rr~enuea from whatrver source der~ved, ea:h and every uf which. ~t be:ng expresaly unQeratood, 4
hereby mottgaged as it apec~[ically ~et lorth and descrfLed ~n the Rr;ant~ng an1 habendum cla•.ixs hereot. uid
~uch Receiver ~haH have all the brued and e[tecu~~e turtct~n~s a~~: ~k,~~•crs 1r. anyv?ise entrusted by a eourt
to a Rectiver~ and auch appo~nteient aha!! be ma~3e by such cuutt u~ ~n edmitted equity and a matter of ab-
solute nght to aaid Mortgagee, and witAout reterrnce to the adcquacy or inadequacy of the value af the pmp-
:rty mortgaged or to the solvency or inaolvency o[ eaid Mort~a~or and ~or ot the defendants, end that euch
rents, pmhW, income. ?s~uea and revenuea ahaq be spplied Dy such Recei~er accordi?ig to the liea and/or equ[ty
of aaid Mortgagee and the practice of such court.
8. I! is understood and agreed that this mortgage is given to secure, in addition t~ the note or obligation
abo~~e described an} additional loans or tuture advartces made within twenty years trom date hereof by the .
martgagee to sa~d mortgagors or any successor in title ot said mortgagors ot the property hereby conveyed;
pro~ ~dec! that the total unpaid balance ot the indebtedness secured hereby at any one time shali not exceed
the maxunum principal amount oi Dollars
Ct plus interest therecin and a~v disbursements made by the mortgagee for the pa~•-
mrnt of taxes, levies or insurance on the property ~ncumbered hereby, w~th interest an such disbursements.
IN WTl`NE.S3 WfIERDOP', ths said ldortgagor ha~ sx,~cuted thLi mortgage under eeal on tAe day and yewr
Atrein ti»t above wirittm
$f~. a ~e~1~d d deliv in tAe preaertce ol:
.
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~ ~ ! ~ ri ~ / ' l ` • ~
7--------------------------- ~ - ~ SEAL )
~~~v~~ ~ . •Donald C. Hayden ~
- ;
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- C~~~~,~ ~ • (SEAL)
g es R. Hayden
~iic .~rG..~~.' _
3TATE OF----°-----____.._....___..--__w.»..___ ~ .
l ~ i~. t1 ~a
cotrrrrY oF-•-----=--...1-
---------------------1
aetor. me per.anauy appearea--------•-- rDON~LD_~.._~~D.~I-- ~Ad---~~.._R...~iA.XI~EN.,_.____
his wife
to me wd! known and kno~~~n to me to tx the tndi~~dual.g descnbed in and vrho executed t?~e foregoing instru-
ment, and acknowledged befort me that t_he..3t e:ecuted the same for the purpo~es therein expresied.
~u G~cl 1 . - • .
WITNESS my hand and ofticlal seal this..----`-'~'f-'v
°----._...day ot..~.._.____.-•-•----•-r -»--.~:--,~..-~.;.,<Y~:~,
• EDWARD LOLLIWI ~ .i Y
. •~r;~ Pu~Gc. Wayne C~unty. ~I~ch- - - -
7(pi?e~1af1.21. 191~ Notary Public tn ar~d for = ~ ~
;;oa~mssanE ° ' y .
' thr County and Sute Aforisi~:~ ' :
• ~~.1•~ ~ ~ , .
My commiasion expires: ~ ~ t'
STA'1'B OF.. .
~ ~ ~ .
~ 7 •
COUNTY OF..-•-----•-- ~ .
' Befors me peraotully appeare4..-----••----
anb..----...•-•.-•---••---..._..__....--•--•--_.._-_---------.__._. to me wrolt lmown aad
known to ms to be the.-------------••--•-------••-•---.._Prerldent 8ecretar7
respectively ot - ths corponUon
named tn the toreaoinR uutrumwt, and known to me to be ths perr~n~ wbo a~ such otscsn ot sald corponUon,
executeA the same: and then as~d tnere the ~afd--.---•----•-------.----•-•--_-----•-•----...._.._.._..._..._....----••-•-.----••-......._._and t2?~ satG
.~------~_..____.__~._d1d acknow~ledse bafor~ me ttut aatd
tnstrument u the free ac! and deed of said corpontion br thtm napectlvely eaecuted aa such oMc~n for LM
purpasea tlerein expres~ed: that the seal thereunto attached L t1~s corporsts ~eal by them la tUcs capuctty at-
llued: all under authority in tham duly vested by tAe Board ot Dfrec'~rr ot said corporatloa
W1TNEi$ my hand au6 ott1c1a1 ieal tJ~is--.- -------------•--•-da3r ot--•--.._.._.__.-•---......-----•-••--------•-------., 1~-----
213363 ~~«o.~: ~~~~~~Eo
sT ~uc;~~ co~Mtr f~~. - -
AGGER P~~TRI$ Notary PubUc tn ~nd tor
CLEAS C:aCU11 COURT cbe c~cy ana saa wro~,.~a.
P.EC4~[~ ~E ~ FtEO......~.~:. My oommtanon esptna:
a~ s I 39 rM ~1 ~ ~
- _.~~`~1~4 15i2
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