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4. TW?t (a) ie th~ ~vant o! at~7? b:wch oi thb m~ or default on the part ot the Mo . ot Ibl 1n ,
ths eve~t any ot Mld aunu of money hee~ta rei~rrsd bs not pmmptly und tully paid wit
~ day~ peu~
atter th~ a~m~ sev~ralur become dus aad p~ysble. witlrw~t demand or notice~ or ic) in the ev~nt eac1~ snd ~v~ry
~ the ~tipulatloas, a~nemeuta. condlUwu aad ~~ove~anta o! •said promiasory note and this mortgage~ aqy or either,
' ar~ not duly. Promptty tnd tully performed. dlachuged. e~ctcuted. ettected, completed, compUed with and aplded
by. th~n in eitber or any such even~ th~ ~aid sggregal~ aum meAtioned ia aaid prnmtaaory note then remaintns
unpaid. with 1nWtest acctued, and W rnoneys secured AeKby~ shalt become due and payabte forthwith~ or thesa
after. at tlre optlon of asid Mortgagee. as tully and coniptetety as it all ot the said aums of money w~rs oMglaal~jr
atipulsted to M paid on such dsy. anything in said pro~m~ory note. and/or lu thts mortgage to th~ cotttrary notr
withstanding: and therreupoa or thercatter at the optioa ot eald Iriortgagee. without notice os dem~usd. sWt i?t
l~v~ or in equfty. theretofor~, or Wereaftar besua, may b~ psosecuted aa ii all moneys aecured haroby had matuerd
pdor to 1b 1naUtuUot?, ~
Tbat W tlk ev~at that at t1~e bs~inAin~ oI or Ft aAY P~nB ~Y aWt upon tWs atortsas~ or t4
toncloie !t~ or to s~torm t~ ~ad/or Lo eatora pai?w~at si aqy cWau hereuAdar. ~aid Mor~ sball i?PP17
• to ths court hsvins iuslsdlction th~ssof for the appolatm~at ot a Aecelver. auch oourt eha11 orthwith appoint
a Rec~lv~r o[ satd mort~aged property ari and aingtilalr. lncluding ap and singular the rent~. facmpe~
i~suea u~d rev~nlu~ irom whatever ~oures dertved~ ea~ snd every oi which. it DeYfig -aupnsaly underato
d, 1~i ~
henby mortgaged as !f ~peclNcaliy set forth snd descsiDcd M the Rranting and habendum ciau~p hereot~ aAd
~ueb R~ceivtr fhall have aU fhe broad and atfective Nactions and powera in anywise entrwted by a Court
to • Reoslver. aud such appointmnat s1W1 be me?de t~} auch court as an admitted eqWty and ~ mntter ot ab~
solnts risht to said ~[ortss6ee, and withoui sefere~ce to ths adequscy or inadequacy oi the value o~ tM proD.
uty m~rtp~ed or to th~ soiveacy or iniolvency o! saW ytortgagor and/or oi the dafendau4. and that auch
rsnt~. ~lti. iacoa?e. fssuea and re~ enne~ shalt be ~ppUed by such Recelvar accordlt~ to the lita and/or equltr
. ot aaid Hortsa,~ aad the practic~ ot ~uch court
' 8. It is understood and a~reed that this mortgage is ~iven to aecure. in addition to the note or obligation
above deacribed aay additional loans or future advances made within twenty yeara irom date hereoi by the
mortgagee to aaid mortgaQors or any aucceasor ia title o!? aaid morigagors of the property hereby conveyed•
provided that the total unpaid balance oi the indebtede~ss secvred hereby at any one time shall not exceec~
the maximum principal amount oi Dollars
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(i --..-..-...J, plua interest thereon at~d a~Y diabursements made by the mortgagee for the j,ay-
ment oi taxes, levies or insurance on the pmperty encwlabered hereby, with interest on ~ such disbursements.
II~ W1TN~88 WH~R]CO~'. ths aaid ~[ort~or baa ~seeuted ttda mortsa.p under ~sal oa tM d~ aiW year .
~ Mr~in tlrat abov~ wrltt~e.
S1~eQ, ed and delivered W the pre~sace ot:
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STATa OF......._.. , ~ I
COiTNTY OF.. . ~ y.''''~,~">._. ~
Beton m~ P~rao~auy aPPsara~----- ED]dUND J BADLUBOW t1 ~
_ . his wife ~ =4~' ~ _ ~
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to me ~reU lawwn u?d known to me to be the lndividuat._Sde~cribed !n aad wbo
ment, and acknowiad~ed before me that ~.hej/.. e~cecuted sa:»e for the ~y ,
.s ~!l~M~1~ , :
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wrrrrass my ~aaa ana ora~ca~ xat cm,......... ......aap ot....~ ;19~.~.
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the~ ty and~ r~_ ~
~y OOaIIIlIY10II ~ 1}itty+~;t?',:~•F` r
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8Tw'1`6 OF..-•-----......_--°---• ~ 7
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o~..._ ,
Betor~ me Peraoually aPPeared.._..._.__......_» . j
and......_ to m~ wdl lmowa aad ~
t
lcnowA to ms to M tha...... .........__.._.......Pnddent w 8~cr~tat~ ~
rcapsctively of t~ oorpor~tioa .
~ ~ nam~d ln ths foreaoint in~trum~n~ aad knowu to me to bs tb~ p~natu who v~uch ofIIasa d~aid oaporatfoa.
euecuted tt?e same; aaA tAen aad th~n tb~ ~ald............... ............»__........._..._._.._........._..._._......_.._...aad th~ a~fd
,
. ul~aowl.as. b~on m. tb.e wa
t:utrument ti the lree act uW desd of ~aid corpontion by tham iwpsrUw~ ex~cuted a~ aech oiDara !or t~
purpwe~ therein eacprea~ed: that Lh~ ieal tbereunto RLtaatied tM oospoeste Nal b~ tb~m 1n 11k~ oapadt~? at'
ttsM: all uadse wtbaity in th~m duly va~t~d Dy th~ Bo~ed oi Directora o! salA oorponUoo.
~ wrrxa~8 mr ~a saa ote~w ws...__...~._..._._..ayr oc.......... i~__._
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' 4UCtE C Notarq Public W and tor
~IOCfR POltll~?s i ~ ~ gt~u Atorwtd.
il~ ~U? oo~na~,bdoe ~spw.:
CONO YERIf1~~ 4~~T
~ 9 11 s~ ~h'I~,y~~40
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ooK 195 ~~E1345
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