HomeMy WebLinkAbout0625 8. That l+?1 !n the e~'ent of any breach ot thi~ mortg~ge or defauit on the ~trt ot the Ato~tgagor, or Ib? ln ~ ~
the rvent any ot said suma ot niuney herein referred to be not proniptly :?n,i fully pa~d within ten daya next ~
after the same se~~erally becu~ne due and pa~~able, withuut dcmand or iwt~ce, ur ~c? ~n the e~~ent each wnd e~~ery
the st~pulauuns, Abrerments, cond?tions and ~•n~~anants uf s1~d prom.s~~~~y n•,;e anJ thia ninrtoage, nny or eithcr,
are not duly, proniptly and tully perto~iiied, discha:~;ed, execut~•d, e[fecte.l, cum~,t~reed, compGrd K•ith and abided
by, then, ~n e~ther or any such event, the sa~~ aggre~:,te sum m~~nt:un~,i in s;i:d ~~ranu~.,ory nute then remaining
unpai~, w~th ~ntr~est a.:crurd, and ai! r.ioneys se~ iued h~reby, shall becunie due and pa~Able torth«•ith, or there- ~
after, at the opuan of said \iortba~;ee, as fully .?ud r~,~nplctcl~~ us ~t all ot [he saicl sun~s of money w•ere originally '
et?pulated to be pa~.l on such Jay, xsiything ~n sa~d pronu;sory ~iute, and or 1n this ~noctgagr to the contrary not-
k•iths:and~ng; and thereupon or thereafter at the opt~~=n of ~a~d ~Iurt~agee, ~~•ithout noUce or dcmand. suit st
law or m equity, theretofore, or thereatter begun, may be prosecutcd ?f all mon~ys secured hereby had matured
pnor to its msUwtion.
7. That in the event thet nt the beginning ot or at eny time pend~ng any suit upon thta mortgage, or to
toreclose it, ar to refnrm it, and.%ar to enforce ps?yment of any cls:ms hereunder, ~a?d ~lortgagee ahall apply
to the court having junsdiction thereot for the appu~n:ment of a H~::ei:er, such court shall forihv~nth appoint -
a Recei~•er oi said mortgaged property all artd singi~lar, including all and singular the rents, income, profits. 3
issuea and re~~enues from whate~•er source den~•ed, ea~~h ~tn~i e~•ery of ~rh~ch. ~t be~ng expresaly under~tood, is °
hereby mortgaged :~.s if specifually set torth and drscr~ted ?n the ~ran?ing ar:d habendum clausea hereot, and t
euch Rece~ver shall have all the broad and effectn~e funrh~~iis and ;~~,:•.~~rs :n any~~•ise entrusted by a eourt ;
to a Receiver, and such appointment shail be ma~le by such cuurt as an aden~tted equity and a matter ot ab-
solute right to said 1?iortgagee, and w~thuut reterertce to the adeyuacy ar i~adequacy ot the value of the prop-
erty mortgaged or to the solvency or insolvency ot said rfori~a};or a~d 'or of the detendanta, and that such
renta, profits, income, issues and re.~enues shall De ai•plied by such Ftecei~'er according to the lien and/or equity
of said Diortgagee and the practice of such court.
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' -abo~t ~i~c~rci -aw}~- e~+i iawai ~ciaws~s~aLuseada~arwoc-r~aado -+w i1~i~- iwe++tq--_ree~ -~ronr c~+lr ~r~~f ~y-l~+f ~
~tt~M~~er-lo-~a?d~~wstl~w~ess-er-.:w~ rwwocsa~c irs- iitle- at-.saicl-r~ori~++goss. a€-t~w ~oporiy~- ~ws~by-awwve~ci~ ~
~~ov~ i~tk+i.~ ii~e-iot~~.w~p~+d ~alawcv. ~L-6tx+~e~ciebteci+iess-see~t~ ~erc~y~ ~t- ~xx -t?rr~e-e~er~ a~et-c~ceeee~ -
-t1~-»+ex+w~wt? ~iwc~a~- ea+euwi- et -Uollari. -
~i 1- ~4- i~#~rrtw?~ E?wc~ar?4 -c1w~+ruw~wtc-rH:~d~ bv. iiaQ-+~osUg~g~ee ~o?-t~e- pey--
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; ~w!- et~e~n~..~rr~es~r-rnserrenet-o~+-tl~pt~~~-Erwe+~+~~rf~ ~Fe~y--w*l~1~1~1erest~~w--awet~ dr~barsen~enl~--
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~ IN WITNESS ~VAEREOF, the sald biortgagor haa executed this mortgnge under seal on the day and year ~
= herem first Rbove wrritten.
€ 3igned, aeated and delivered in the presence oC
~ THE KIPLINGER WASHIN TON EDITORS, ~
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F __~-~_..._.r..~:.~::~:~:...~ti`•-•• INC., a Delaware Co oration ~
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y , Austin H. Kiplin er, esident ~
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Attest: ~
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;e' ~i"-7.~1.,i~. f ~~`Tib!r, .
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sTw ................................_......_...-----1 ~ rvin A. Brooke, Secre~ary ;
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COiP•VTY OF........... _ 1 ~ . `
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~ Betore me peraonal3Y aP _
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to me w~ell kno:~•n and kno~~~?i tn mP Lo h~ the in at.... descnbed in and who executed the foreg~oing inetrll- 1~ `
= ment, and acknoK•ledged before me that ..-.he.._ execu[ e same for the purpose~ therein eipressed. +
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VVTI:VESS my hand and offlcial ~eal thia.---_. 1?...._.
--~Y
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`-n I3otary Public tn and tor
the County and Siete Aforesaid.
~
District Of Columbia ~ty commission expires:
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~x3~-- - .
C
i~~ ~ sa
Washin ton
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OF----...-----••-~----••-•--••-•---••---•--- .
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Austir. H. Ki lin er and Irvin_.A,..__
7~~oQke_._.---~
Betore me personslly appeared --~-~-----.._P..--•------9..--------------•--_.....----... _
:s
to me well lmown aad
_ ~nd...... _
,
:.e
.....Preaident and..-•-•------.._..__.__..__.._..._ - ~'°~n '
known to me to be the -
:
The Ki 1in er Wasl~_~~g~Q,~....Ed.it.QZS.....sn~...-------...--------..~..---..., the corporstlon
re~pectively or . . . .P 9....._.
named u? the torego~ng inetnsment, and knov?~r? to me to be the persosu who as such otticen of aaSd corpontion.
Austin H. Kiplinger
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~ aaA t2~e said
execu[ed the same: and then and there the said
a -
.dfd acknowledge befor~ me that said
Irvin A. Brooke ~
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in~trument ts the Lree sct and deed ot ssid corporation by them respectlvely executed as auch ofAcero for th~
' purpcuea iherein expresaed; that the seal thereunto attached is the corporate seal by them tn like capaclty af-
' fuced: all under authority in them duly veated by the Board ot DirecWrs ot aald corporation.
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: = WTTNE33 my hand and offlclal ~eal ttue _ ._..daY oL, ~ 1~..71
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~ Nou~~Dt1c tn and for ;
the County snd 3Lata Afore,s~ld
My commi8aton e~cpirea: ~
r'~~ r.: 5
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= a~ :,M 1y6 F~A~f 625 ~
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