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HomeMy WebLinkAbout2932 d. 17ut la1 In ths evetft of any breacl~ ot thia mortgage or default on the part ot the 1?Iortgx~,p~, or tbl la the event sny ot aaid aunu ot n?oney here?n rc[erred to be not promptly and fully paid w?thin eiiN days next atter the same sew~raUy become due and payable, nnthout demand or notu•e, or ~c1 ia the e~•ent each Rnd e~•ery the stipulsuons, agreements, condit~ons and ro~•rnants ot s.1?d promas.,.~~y nute and thu uu,rt~age, any or eithe~. a~e not duly, promptly and fully pertormed, discharged, executed, e[fecteJ, com~~leced. complied with und aDided by. then. in e~the~ or any such event. the sa~J aggregate sum m. nt~one.i in sa~d pr~missory note then rcmairung unpa~d, with int~re3t accrued, and all nioney~ sece~red h.•rety, shall becume due end pa)ablR tort:iwith, or there- atter, at tlie option ot sa?d ~to~tgagee, as fully a~~d completcly as all of thc ssid sums ot money wero originally at~pulated to be pat:i on such day, anything in said proiuissory note, an.l or in thi~ mortgage to the contrary not- wiihstanding; and thereupon or tnereatter at the opt~un o[ said Afortgagee. ~~•ithout not?ce or demand. auit at 1sw or in equtty. theretotore, o~ thereatter Degun. msy be prosecuted as ~t all rtoneya secured hereby had matured prtor W its institutioa T. That in the eveAt thst at the begiiu?i~ of or at sny tlme pending any sult upon thls mortgags. or to foreclose it, or W retorm It~ aad,'or to enfo~ce payment ot any clums hereunder, said I?tor[gagee ~hall apply to the court havin6 juri~dictlon tt:ereot tor the appointment ot a Re~e~~er. such court shall torthwith appoint a Receiver ot eaid mortgaged property all end ~ingular. including all and singular the renW, lncome. profits. issues u?d revenuea trom whatever source deri~•ed, ea: h and every of ~~•hich, it being expresaly understood, 1~ hereby mortgaged as i[ apeciticaliy set torth and descr~ted in the gr:u~ting and haDendum clauxs hereof, and wch Receiver ahall have all the Droad and e[[cctive tunctions and ~,~.•ers in anyk~se entrusted by a court to s Re..~eivar. and ~uch sppointment ahall be made by auch court a~ an admitted equity and a matter ot aD- ~olute right to aaid Mortgsgee, and without reterence to the adequacy or inadequacy of the valus of the pmp- ~ erty mortgaged or to the sol~ency or insolvency ot aaid 1?iortgaRor andior ot the defendants. and that such : rents. profits, income, is~ues and re~~enu~s ahaU be spplied Dy such Recei~er ~ccording to the Uen andlor equity of said Mortgagee and the pracUce ot such courG ; 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation ' above described any additional loans or future advances made within twenty years from date hereof by the mortgagee to ~aid mortgagors or any successor i~ title ot said mortgagors ot the property hereby conveyed; provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of Dollars ~s plus interest thereon and any disbursements made by the mortgagee for the pay- mrnt of taxes, ievies o~ insurance on the property encumbered hereby, with interest on such disbursements. IN WTPNES3 WHEREOF. the aaid Mortgagor has executed Ws mortgage under seal on the day and yeu herein fisat above arlttea. Si ed and deUvered~h the prexnce of: `/~/"vr . . c~ , (SEAL) ` ~n, - Q Robert A. Levey ~ _ ~ X,'lrf`-~/,. FIIE~ AN~ RECORDEO ~4~ - ST. R CER PO TRAS j CIERI( CIRCUIT COURT Q ( SEAL) ' REC RD ~ > ryf ass ~ c h., st ff'S ~ STATE OF...__.. ~ ~ 2O ~ 16 ~ I ` ~ COUNTY OF_......__......__.__.-•-..X~.•-°----- ~ ~ . - • _ ~3.roce a~/~~uy •ppeared---... ~OBERT_._A,~. LEVEY,_ a _sin 1_g__e_man _...M.~_....__......__... - - • I j.~~s.!~:..:...____..__.».-••.._.------..._..__._..»_.__---- ! ~o ~qp' welj ]cnbwna~d~ tlown to me to Ae the individual..._ described in and who executed the foregoing inatru- 3 " - . f tn~u~, am~ a~kiia~rledsid before me that ._._h~.._ exccuted th hsarne tor the purpoxs theretn exprwed. j . , , . , 'I' . ' . , . ~ . . : `~W1TN~Sg: ~Y hand and offictal seal this-------~--------°--_...dap ot.____._.....~Llly 1~.L j - " , . " . ' ----~T'~±:'!_ ' • Notary PubLc ln and for ~ ~the County and State Atoressf3. `~1 { ~ ' ~f' ~ ~ y p ptcc.. b ~i commiasfon ex ires: J ~ STATE OF----•--•-------•-••--••-...----•----...-•-• - - ~ COUNTY OF-•---•.__.._..__.___._---•-•--------••--) Before me personally appeared..._..•----....-••----•--------•---------_._.__....__.~_..___....._.__.___._._.._~_.. inb._._...-•-••-•-•-•--......---------•.~__~..._._._.~~_.~_...._.._~._______._. ..r.._...»_..._. LO ms Wl11 1cIIOVVn sIId : ----._...Preaident aa~_..._____.._. _T. Secntar~ , known to me W be the..__._..._._.._..__.__._. a~ reapectively of tLe oorpontlon ~ ~ named in the toregoing isutnunent, and knovrn W me to be ths personi wbo a~ ~ucb ofDcets of iafd corpontion. ~ executed the same; and then and there the uid----•---•-----•---•••--._.---------...-_.....-- ------..--.._~....--•-•---._.._..._----•aad t2N asfa : ~ ~dfd aeknowledss bstor~ me t2~at ~af , ~ S instrument fs the tree ~ct and deed of said corporation by them r6.~...:.ilvely executed as nuh oMcere tor th~ ~ purposes therein expresseG' that the ~eal thereunto attached b the corporsts seal by tham Ui ~1ks cap~clty ai- ~ fixed; all ander wthorlty In them duly ve~tcd by the Board ot Dlrectors ot aald corpor~tion. ~ WITATF~S my hand and oftlctal ~eal Ws---•---••-----.___._..day ol..._-•----_.._---------...._.__._.~....__----~ lo..-- k ~ ~ Notary PubUc ln and for ~ ths C.ounty and 3bte A[ormatd- ~ 1[y oommirdoo a:ptre~: ~ 'i ~ $QO~?~94 ~2~ ~ . ~ ~ - - _ - -