HomeMy WebLinkAbout1491 6. That (al in the event ot any breach ot thi~ mortgage or detault on the part ot the ~I.,rtga^or, or Ib? tn
the event any ot sa~d suma ot niuney herein re(errcd ;o be nut pruinptly an,! tz~lly E~aid w~thin ~Q daya next
atter the san?e •se~•eratly brcurne due and payable, k~thout demand ~~r n~tu e, ur ~ c ~ in tt:e e~~ent each and e~~ery
the stipulauons, agreertienis, condrt~ons and co~'~nants ut s.ud pru:n:a~~~~~ n•~;e an~i this t:a~r:;;age, any or elther,
are not dulp, prompUy and fuUy prrformed, dischar~ed, executed, effecteJ, cumpteted, compAed H•?th and ahtdrd
by, thert, ?n cither or any such e~•e~it, tlie saiJ aggre~;~;e ~uin m~~r:t:onr~i ~n ~ i:d pr.~m~~sory note Lhen rrmain~ng
unpaid. «'sth ~ntrrc~t SCCrued, and ail tcioneys se~ ~ued hr~~~~•, sti:?Il ber.~mP d:ze and pa~•abie torth~sith, or thcre-
atter, at the opt~on ot sa~d ~lortguKee, as [ully an~ cuinpic~cly ss if all o[ the .aid sunis ot muney Were ongina!ly
at~pulated to be pa~.i on such da~, anything ~n said pron:issur}• note, an~i or tn this mortgage Lo the contr8ry not-
w•~thstsnding: and thereupon or thereatter at the opt~~~n of sa:d ~I~rt.;agee, ~~~ithuut noGce or demand, auit at
law or in equtty, theretofore, or thereaiter begvn, map be prosecuted :?.v it ~II muneys secured heteby had matured
prior to ics ~nstitution.
T. That in the event that at the Deginning ot or wt any time pending any suit upon this mortgage, or to
foreclose it, or to reform it, and or to entorce payment ot any claims hereunder, sa,d ~tortgagee shW apply :
to the court having junsdiction thereof tor the appcantment of a K~~cei•:rr, sunc ~ourt ahall torthwith appoint ~
a Receiver ot said mortgaged property all and s~ngi~lar, including al! and s:ngular the renW, lncome, profita. ~
la~uza and re~•enues from whaterer source deri~~ed, ea: h an~i e~•ery ot ~~~hich, ~t be~ng expressly under~tood, is
hereb}• mortgaged aa if ~pecifically set torth and descriEed ~n the ~ranting and habendum clauses hereof, and
euch Rece?ver shall have all the broad and effecU~•e fun~h~~ns and ,~;,~~:~~rs ul xn}•~••~se entruated'by s court
to a Receiver, and such nppointment shall be msdc by such cuurt as an admitted equity and a matter ot ab-
solute right to said Aiortgagee, and ~+~thout reterence to the adeyuacy or inadequacy ot the value oi the prop-
erty mortgaged or to the solvency or insol~•ency of sa~d 1?tort~aRur an~9 'or of the defendants, and that auch
rents, prof?W, income, issuea and reti~enuea shall be at~plied by such Recel~~er according to the liea and; or equlty
o! aaid Mortgngee and the practlce of such court. ~
8. It is ~~nderstuod and agreed that this morlgag~e is given to secure, in add?Uon ta the note or obl~gation
atxn~e descnbed an~• addit~ona) loans or future advances made w~thin tw•enty years [com date hereof by the
?nortgagee to ~aid mortgagors or any successor in title of said mortgagors o~ the property hereb~• conveyed;
providecl that the total unpaid balance of the indebtednecs secured hereby at an~• one tnne shall not exceed
thr maximucn principal amount of Dollars
~S 1, plus tinterest ihere.~n and any disbursements made b~• the mortgagee for the },ay-
mrnt ot taxes, levies or insurance on the propert}• encumbered he:eby, a•ith interest on such disbursements. ;
i
IN WITNESS WHEREOP', the asid 1?iortgagor has executed this mortgsge under seal on the day and yeu
i herc?n first above w+ritten. ~
1
9tgned, sealed and delivered in the presence ot: _ ~
1 ~ i i! -+-i-~~ ~j
: ~~t t• ~ J-~ . t (SEAL)
~ - ' .
Y
. ED RD H PYE JR.
, ~ ~ • .
--~t.---./1..:_... . - =
= As to Ec~rard A, e, Jr. and , ~
; , : ~ , . , ( SEAL )
~ ~~iaria Marly Pye , i ` 7; ,
RIA MA PYE
S
r
STATE OF..~....~.Yy~~---)
~ _ ~
covx~r oF..~11 F~3~.._.~~t,.,r.__~
.
:
Before me PersonallY appeared-----.Ed~ta.rd._fL.._.P~e.~._..Ix-.•--.Znd.--]La~i~--.Ddaxl.y~--F3tar~-bia
'ti • . •
3: fp - i~r~. w
_ ~..11~.{.~ . . . ' e
_ .
~ to me well kno«•n and kno«~n to me to be j~he indicidua2s. descnbed in and who executed the t4i+egoing WW- ~
' ment, end acknowledged before me that 4iay executed the same tor the purposen thereu? ezpres~ed. ` ~
jr - ~
~ / ~ ° ' 10.~.
WITNESS my hand and offlcial eeal this...----_ -••------•-•da~ of._~.---..._~ . _ ; - . ~
. .
,
-a r~~EO ~NO nEC~a~EO . ~ ~ . ` ~ -
_ ~ ~
=t. lUC1E C~UN Y lA. ~ G~,~ z-
~ ~ ~ ' ~
, - . ;r-.,.
ROGER POIt~A~ ~ .
CIERK CIRCUIT COU~T hetarY Publi~~ t,o~ro~d _
I~ECORD vEa~i1E0 ~ ~
A ~ !~iy commiasion eap~rsa~t~.~~ ':~li!-~'F~~'~t~~
+ 3TATE OF s~ArT IJ !I 13 ~ ~ I /S' ~ Y }~Y f^".~s~ Ex,P~,.~ ~Y„~.w,~~R
~ ~
i
COUNTY OF.........---
'`;=i
~y~~Q
<~s Before me persoaally appeared s~•~~ /`I~O--•-------....••-------°----.....___...-- S
/6+~,. ;
. w m~ weII lmown and
. y .
- _ and . t
known to me to be the ..............._.._..._..........•••...Presldeat an
-<t
. , tAs corpor~ on
reapectively of _
- numed in the toregoing in~trument, and knuwn to me to ~e L2:s perwns who ss euch oMcers ot ~aid corporatloa.
.,y
- ; _ .sa cn. .u
executed the same; and then and tJ~en the ~aid
_ -
>3
- _did uknowledge Defon me that sai6
: _ . . .
- lnstrument 1~ the free act end deed o[ sald corporation by them respectfvely ezecuted u aucb otttcer~ for th~
= purposea tt?erein expreseed: that the a~a1 thereunto attsched l~ the corporste seal bY ihnm tt~ 11ke caPulty at• ~
tuced; nll under auchority In them duly veated by the Board ot Direciors ot sald corpora4on.
~
, •
VYTTNE89 my t?and and ottlcial ~ea1~We ----•----.--._.....day oi...--•-----•---......~.
.
- ;Votary Pubifc in and tor
' ~ c c the County i?s~d 3Cate Aforessid
._y - RECFIVFD ~ IN PAYI~IDR Q/ TA~(F.3
DUf ON ClJ15S 'C INTANGtBIF PE~SL'NA1 PR(1PER1Y. ~y commlrrioo ezptre~:
_ PL'F.S: TO i~~PT"~ , Ar-, p; )~•j
= Pvti ~i P~I~ ~h_, .~r . ' _ i i i
' L
T
~ u A;~~c f.~ ~r~~i~i n. K~,~~;__::. ~;t.
_ 1r.~,
~ St luc~ Ccur.ry Tax Cct~cct~r
~ ~ * f
` ~ ~ DEYU(Y CIF~iK
- g~R~ i~ ~tf 1490
_ . _