HomeMy WebLinkAbout2314 . !
~
. ~
d, Tbat (a) 1~ the event ot ony bresch~ot thl~ mo~tgage or detault on the part o[ the rtortg~gq~, or Ib? in
the event any ot aaid suma ot mo~ey herel~ re[er~ed to be not promptly and fuUy patd w~thin.l~h daya next
~iter the same aeveraUy become due and pay.~ble, vinthout demand or not~ce, ur ~c) in the event esch ~nd every
the st~pulaliona. agre~:ments. conditions and covenhnta ot sa~d pcom,sso~y n~te and th~s murtgage. any or elther,
ue not duly, promptly a~d tully pe~formed, d~scha~ged, execute~i, etlecteJ. completed, compUed with snd ablded
by, then. i~ e~ther or ar?y such event. the saW aggregate sum mrnt~oned ~n sa~d promissory note then rema~ning
unpa~d. with int~rest accrued, and aA monmy~ aecured h~•reby, ahall become due an~! papable torthwith. or thete-
after, at the option ot aaid rtortgagee, as tully a~id completcly as ~t all ot the said sum~ of money were origuu?liy
~tipulated to be paid on auch day, ai~ythf~g in sa~d pron~issory note, anA or In thia mortgage to the contrary not-
withatanding; and thertupo~ or thereatte~ at the optiun of sa~d biortgagee. ~~•ithout not~ce or demand. suit at
law or in equlty. th~ntofors~ or thereatter begun. msy ba prosecuted as it all moneys secured hereby Rad matused
prlor to its instituUon.
7. That iq the event thst at the Deginnins ot or at any tlme pending any ault upon thls mortga~e, or to
toreclose i~ or to nform !t. and/or to enforce payment oi i?ny cla~ms hereunder, aaid Mortgag~e shali apply
to the court having iuhadictlon thereot tor the appointment o[ s Rece~ver, auch court shall torthwiW appolnt
• Recefver of sa?d mortgaged pmpecty all and singular, including all and eingular the rent~, tneome. pmtiti.
iasuea and revenuea trom whatever source derived, ea.•h and e~ei•y of w•hich, it being expreasly understood. la
hereby mortgaged a?s it specitically set tortA and deacriEed in the Rr:?nting and habendum elausea hareof. at~d
such Racelver shall have all the broad tu?d eftective tuncti~ns and }ww•era in xnyv?•ise entrusted by s eourt
to s Receiver, ~nd such appoiniment shall be made by such court as sn admitted equtty and a matter ot tb-
wlute rlght to aaid Mortgagee. and without reterence to the wdequacy or inadequacy of the value o! the prop- ~
erty mortgaged or to the aolvency or insolvency ot aaid 1?iortgagor and ior o[ the detendsnb, and that auch
nnts, pm[its. income, iasuea and re~•enues ahall be a~~plied by such Receiver sccording to the lien and/or equitr
of said Mortgagee and the practlce of such court.
- 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
mort~agee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed;
provideci that the total unpaid balance ot the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount ot Dollars
plus interest thereon and any disbursements made by the mortgagee for the pay-
mrnt of taxes, levies or insurance on the property encumbered hereuy, with interest on such disbursements.
IId WiTN~83 ~VHEREOF. tha safd Mottg~gor heu executed this mort~age under seal on the day and year
lferein filst abov~ wsittea.
Sfjaed, snd deUvered in t e preaence o[: +
. .
- William H. Watson, Trustee
...._G . _
srw~ oF......
FLO~..~..~......__.. ~ ,
_
covrrry oF.._MA.RTIN
~ ~ WILLIAM H. WATSON~ _As . Trustee,~_.
P~ ~ pP~+?rea....---...._.__........
j ~-w-~.;
~,-~-l~t-~--
~ mi' vve11 .~~nbefore me ttut~.the. in eacecuted tbe same
o the purposes ths~tin ezp fres~
ing iastru-
,.ln,ept~ and , a~!~
~
; „ _ ~
~ • ~ .r
` 1~ my haad and offlcial ~eal thia~._..~tQ.- -------da3' ei 1~........
~ . ~ < , f .
` :
L. ~c.......
~ ' '
~1 i .
, , , • < . Notary Public in aad for
the County and 3tate Aforesald.
• My commiasioa expina: G/L O/~' ~
STA'PE OF
COUNTY OI+'.......-••-•••----._..._...Y.......•--•• ss.
Betore me rsonall •
P~ Y P
and......._ .........................._.._._._......._._._._......_..r. . W ms wW lmown and
known Lo ms to ba We.........__..--•--• --..._...Preddeat aab 8~cr~tar~
respectively ot tM corponUon
named 1n the loregoin~ inatrummt, aad lcnown W me to be th~ pcr~otu wba a~ ~uca oflfcen ot ~aid cosponUon.
executed the aame; aad thea and then the said_._.._.__.....~...._...._•----......._..__..~._.._.....-----_ .............._.._...aad t!N Wa ~
~ ._._did acknowledse b~tor~ me that ~alA
~
~
Purpoaesnthe 1ne epres~ed tha~ et seal ther^~°eun o~ at iclsed b the~uorpor~st sealtb tbam tn Wcs capaefty af-
ti~ced; ~11 under wthority tn them duly vested Dy the Bo~rd o! Dlrectors of iaid corporaUoa.
lo_._._
WI'!'NESS my hand aad otllcW ~sal thia.- :.---•--.._..~_.....dap of......_w._.__......_.••-...........
' • i LEO AND qEC0ADE0 ~ :
t~.IUCiE COUNTY flA. L~
ROCER POtTRA: Notary Pubiic ln and for `
CIERK C1RCUtT COWIT ~~tr ~ gt,ate Alor~ald- `
RECORO vERIitEO xr `
s~e ZZ 2 ~o eM •Zi
21593'7 8°
x~~
- _ {y_.~:
- _ ' ~ 4 ~^-.._~"s.. 2~5?"''~
:4`ti.i
y, -
. . ~ p ~