HomeMy WebLinkAbout0481 8. Thet (al 1n the event of aity bteacl? ot thi~ mortgage or default on the part ot the ~tortga o, or Ib? !n
the e~ent any ot aa~d aunu ot money here~n referred to be not promptly an.l full~ paid w•~thin days next
•itu t!?e same sererally become due and payable, wzthc~ut d~mand ur n.~tur, ur ~c? in the e~•ent euch and every
the at~pulauons, agrecments, conditiona anJ ro~•enants of sa~d prom.s~.~~ y n~te and th~y ~ti~~r;~age, any or either,
are not duly~, promptly and fully pertormed, dischar~;ed, executeJ, etfPCte.f, cumpleted, complied w•1th and abided
by, then, ~n e?tht~ or anv such event, the saiJ aggregate sum mrnt,one.i ?n said pr~sni~sory note then rcmaining
unpaid, With ~n;rre~t a~crued, and aU ~ciuney~ se.:ued h~reby, shall becume due and pa~•able forth~~•~th, or there-
after. at the option of sa?d ~tortgngre, as fully and cumpietcly rss ~f all ot the ;uid ~unis of money K•ere onginally
aUpulated to be paid on such .lay, anything tn sauf prun:issury nute, ein~i or ~n this r:~ortgage to the contruy not-
withs.and~ng: and thereu~on or the~eatter at the opt~.~n ot said \lurttiagee, ~~-ithout notire or demand~ auit at ~
law or in equity, theretofore. or thereaiter Degun, may De prosecute.i as ~t all muneys secured hereDy had mstured ~
prior to its insL::u.:on. ~
T. That ln the event that st the begimm~g ot or at any time pending any suit upon thls mortgage, or to
torecioae it, or W reform !t, and,'or to entorce payment ot any claima hereunder, aaid ~tortgagee shW apply
to the court having junsdictlon thereof for the appo~ntment ot a He~e~~ er, ~uch court shall forLhwith appoint ~
a Receiver ot aaid mortgaged property all and s~ngular. including al! and aingular the rents, tncome~ profits.
issues and re~enuea fcom whate~•er aource denred, ea; h and e~•ery o[ ~~-hich, it bemg expresaly underatood, fa
hereby mortgaged aa if ~pecit~cally set lorth and descnted ?n the Rr.inting and habendum cl~..~ca i~oaevi. nttd
such Recei~er shaU have all the broad i?nd etfect~~•e tuncti~ns and ~~~~~•:ers ~n en}~a•ise entrusted by a court '
to • Receiver. and such appointment shali be inade by auch cuurt a~ an admitted equity and a matter ot ab-
solute right to aaid I?iortgagee, and withaut reterence to the adequacy or inadequacy o[ the value ot the prop-
erty mortgaged or to the solvency or insolvency ot aatd I?iortRagor and 'or ot the defendanta, and that such
renta, profita, income, isaue9 and re~ enues shall br ai~plied by such Recei~•er according to the lien and/or equlty
ot said Mortgagee and the practice of su^.h court.
8. It is understood and agreed that this mortgage is glven to secure, in addition to the note or obligation
abo~~e described any additional loans or future advances made within tvventy yea~s [rom date hereot by the
mort6agee to sa?d mortgagors or an~• succestor in title ot said mortgagots of the propert>• hereby com•e}~ed;
prov~ded that the totai unpaid balance of the indebtedness secured hereby at any one time shall not exreed
the maxlmum princ~pal amoun! of Dollars
fS plus interest there.~n and any disbursements made by the mortgagee for the pap-
mrnt of taxes, levies or insurance on the property encumbered hereby, K•ith interest on such d~sbursements.
IN WTPNE53 ~YHEREOF~ the said Morigagor Aa~ executed this mortgage under neal on the dey and year
herein tirst ~bove writtea.
9ianed, seated and dellvered 1n tAe presence o[:
_d~~'~- L E
- .
^ . / , " ~ /~C~~-« C~C.J ~Z-~--~-~-- (SEAL)
' ~ ~ - -
, ~_.t(
; As'"'~" ar aI~ er
i
E
~
~
E ` /
;
s STATE OF...._... ~D--r`- G c..~` .
c, ~ t
i ~ r
4 COUNTY O~~ ~
,
, <
e o
~ Betote me peraoaWY ~PP~--~-----C1A~~...W.,~?~.~.~.~.~~..~j.D~~.~..~Y4111a11__......._.._._._..._.._._......____... ~
~ - {
2 .
5
~ to me w•ell know•n and kno«-n to me to be the individual deacnbed in and who executed the foregoing tnstru-
ment, and uknowledged before me that ...-he.... executed the same for Lhe purpoae~ therein eacpreaaed.
~ •
. . .
. ,~s _..._.._...a.y or-------..._ f 6 ~t~; ~
= WITNESS my t?and and offlct~l xal tlus---- :
_ ,
. ,
' / ~ '
= - . ic~. ~
~ Notary Public in ~ for _ . t
< cne councy ana scace wroresasa. "~l•
~ 1~y commia~ion e:p r)es: V • ~ ' _ ~ °
~ ~ !_~~,.y ,
~ .
:
L ~*'.f - ~sii!~ 7~~'T
. .
3TATE OF. '
,
~ ~ 1 -
r S ~.~y ~ " R C . ..sdY ;
.q ' ' . ,
COUNTY OF ~ i, ~.~..c... s.. ~cw.ir~r~
L
~ .
~ ? ti
~ h .
_»....~_._..._...»............n7w.~~.
` Betore me peraonslly appeared . ~
~ • rr.
w to me wal! lmm~n aad
anb
~y
~ known W me W be the.......--•-- .._..-••-•--••----.._.....Pre~ldent anb.__..__..--•-•----.._-••-•••-•-••••-•-••----•--•- Secs~tar7
~ re~pectively ot _ CAe corponUon
~ named in the toregoing inairumsnt, and known to me to De ths pe»oiu who a~ ~ucn otIIcers ot utd corporatloo.
- ~ :
:r.
....................................................__..anA th~ sald ;
executed the eame: and then and there the aaid._-•..-.--.- F
z
..._..--•--._.._.._-.~•-.~_did acknowled;s betorr me that sal
lnstrument 1s tRe free act snd deed of sald corporation by them respectlvely exscuted u rucd oMcen for CA~ ,
= purposea therein expreased: that the ical thereunto attwchcd li ths rnrpocate ~eal bp tham !a llks capaclty at-
= fued: all under suthority fn them duly veated by t1~e Board of DlrccWrs ot sald corporattoa
.a .
_
„ .
vYTTNE38 my hand aad ofdclal ~eal this ._...._•-----•--._.._d~y of...•-••-• . 1~.--.._ t
f
_ ~
i
. .
Notary PuDLc tn and for
- the Cotu?ty and 34ts Atorssud
~[y oomaiLrion eacptres:
.1
aooK 197 P~tCi 4p~
. . . - " . . " - G - .
. r... , f. . _ . _ , . . . . , 3:.~ , _ _ , _