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HomeMy WebLinkAbout1355 . . ~ r 1. . ~ ~ ~~y _ ~ . 0. Ttiwt (a) ta tA~ ~veAt o! any hse+?cb o! tI?ls me ~ • or default oii the part ot the Mo or. or tbl tn the event any ot ~id sunu ot money h~rdn re[~rc~~ not promyt4+ and ~ tuUy p~id withlr~ ~y~ A~t . dter the ~arne ~everaU}? become du~ ar~d payable. without demand or notice, or (c) 1A the event each and every . tM ~tipWations, a~eremet~t~ conditlau ~ad ~^ov~nant~ .~ot uid prom~asory oote and thls mortgage. aay or elther~ aey not duly. Prompt~y a~ad tully pertormed~ dfsch,~rgec~, e~pecuted, eflected~ compteted. complled with ~nd aWded . bY~ then; In e~thet ae any sucb event, the aald a88~eS~+1 snm mcntioned ta said promiasory Aote thcn remaiNn~ - i unpaid. witl~ inWre~t accrued~ aad W moneys sec~~red t~q~Y. s1;a11 becoms due and payable forthwith, or Wera atter~ at th~ option ot ~sid Mort~ee. as tully and corwy4tely aa it sil ot the said aur~ia oi money w~» ori~al~p atipWated to be pi?i~oa such dwy, anything in said proaiswry note. and/or W thb mort~a~e to the coatrary not,. withstandina; u~d eceupon or th~resrier st the optfon of sald l~dortga,gee. without notlce or deaaaad~ ~utt ~t 4w or in equfty. tL~»tofor~ or Wereatter De~u~a. tnsY p~ proaecuted as it all moneys ascured hareby l~ad matwyd pMor to ib ia~tituqoa, . . T. 'ih~t ln t!u ar~?t that at t!?e De~Uintps ot or ~t a~y tlme panding any suit upwn tQb m~rtrase~ o: to loracloN 1t~ oe W r~form it, and/or to entoros pa,yenaai ot aay clairna bazeuad~r. s~id Mo~ ~b~1! app]~ to We court havia~ ~url~dictfon thereoi for the appolntmeat oi a Receiver~ ~uch court ahW osthMtb appoint 1a~uea and ravsnuea lrom~ te er~a~oura deriv~~~• and eveg ~ t w1?tch. I~t ~bel tde reat~, intwrn0. profit~„ her~by mo:tgaged a~ if ~pecliically sst forth and deacrit,e~ in tha ~°~~y ~°~tood' L wch R~cslver ahall hav~ W the broad and etteciiv~s iQac fcu~s and~~g ~d he~bendum clause~ hereof. aad to a Reoaiv~r. and such appointmeut shall be made bYc;~ue.h court a~sWan admit ed~equtty aad matt~es oi ab- , ~olut~ risht to s~id ~[ort~ges, u?d without reference Co the adequacy or in~dpw~cy oi the va~lue a! tt~ prop .rsa~t~.~pto~it~„ Wco~, issues ~andyre~~ettua,YesZna~U b~e p~~lied by ~~uc~h Receiv~r~acoo e data?~1ata. wd thnt such • a~ aaid l~[ostaases and W~ practlos ot ~uch oourt~ ~ to tAs Ua~ aud/or equih 8. It ia understood and agreed that this mort~age it-~iven to secure. in addition to !he note or obligation above desctibed any additional loans or future advances tnade within twenty years from date hereof by the mortgagee to said mortgagors or an,y a~,?ccessor in tiUe oi said mortgagon of the pmperty hereby conveyed; provided tAat the total unpaid balance oi the indebted~s secured her~by at any one time shall not exceed the maximum principal amount oi Dollars plus interest thereon and any disbursementa made by the mortgagee for the j,ay- . ment oi taxes, levies or insurance on the property eaownbered hereby, with interest on such disbursements. Aerein ~8 WH~R~OF~ the aaid l[ortaa~or ha~ ~x~cuted tt~ls r~orttase wider seal on ths day and yea~ 8fsaed, ed aad dellvered ia tt?e presence ot: . . - G~'~'~'~i:~ • ~E.c ~ ?SB~, ~ - und J. 8adlubows : . , . ' (SEAL) . nna 8a ubowski STATa OF..._.. COUNTY OF........... ~ . ` , Hetor~ ~ p~raonauy apTM~~sa..,_.F+~~T7NR J. ~ARLT~,Sxt _ his wife to me well knoWrn and known to me to be~e individut~S ~describM ta and who exacu ~~itt~f i~tru- men~ aad acknowtedged befon tne thtt . e,jG e~cacuted same for tbe p th~rp~. l~:~i-. Wl'1'NE3S my haad aad oillcW ~eal this.......... .._...day o ' Il.Z~. ` z'.t: . ` O P12b1iC ~ ~ ' ~ c~ c~c .ad~'a ~ d~y ~ 5` srw~ra oF ~[r co~~.+ou e~i>a~. ,s, : ~ J. OOUNTY OF......»......._..»_........._.........~ ; .1>~ - - Betor~ me peracaaUy appeared.......~..........._........__ ' - ~nb........_..........._ Lo m~ wtll lmowa and ! r ~Ciwwn to ms to be the ..............._......_.....~.......Pe+ssiGer?t S~critaq rtapectively ot tb~ oorpontlon ~llQ III ~A tOTE~'010j 1~LNIri~~t. ~7W kII01VA LO tAE t0 b! ~ Plr~Oil~ ~IbO Y e11CI1 OtSGif Ot /L1d 00lp0lft1011~ Q7[lCll~ld V1Q ai[t~l; ~ld ~l LM~ vl~tA ~1! ~1d.~....._ LZN M1d ' ' scknoMrledss bdon m~ tAat ~aid - - instevment 1s the free aet aa~d d~ed oi asid corpontioa by ttrem rsapscttvslp esecut~d aa ntch oMwr~ for th~ ° pu~po~ea tLsnin W~res~ed; that the aeal t6enunto sttactied i~ th~ aorporate ~sa1 by LLea4 ia l~in ospadtl' at- tized: W uwdsr autliwity !a th~m duly va~ted by tLs B~arA o! Dlrectors oi sald aosporatioo. WTl'N~88 my h~tM aM ct!lciai ~Mi t2ds.....~ ..,dyr i~.._... FilEO AKO ~uNTY fL~ ` i gT.IUCIE ~~~~;RAS Now~r Pubvc tn and fos ' {tOCER ~ ~b ~~d- ; C~E~K ~RiF1EO COU1tT cooaml~ton ~Pisw: l RfC4a4 ~E ~ 9 i~ s3 aM'~ ? ~ ~s~ ~ . ¦ o B R 8~ ~ oaK 195 ~E1~53 ~ - - _ --v~