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Home My WebLink About0835 6. T1~at (a) ln tR~ ~vent oi any breacl~ ot tMs m~ttssse or default on the part o! the I~iortg~gor, or lb1 tn Lhe event any ot ~sid sums ot monay huefn n[erred to pa not pmmptly and fully paid wtthin tea daya next atter th~ sams aeverWy become due utid paya~le. without demand or not?ce, or (c) in the event each and every the ~Upulations. sgreements, condltions and ~~ovenanb ot said pmmusoiy note and this mortgage, any or efther~ an not duty. pcomptly and tully pertormed. discharged. executed. ettecte~ completed. compUed with snd aDided by. then. in elther o~ any such event, the said aggregab aum mentioned in ssud promisaory note then remaining nnpaid, wltb intereat accrued, and W monay~ aecured hcreby, ahall become due and payabte lorthwith, or thera aiter, at tAe option ot a~id Mortg.sgee, as LWIy and compietely ss it all of the said sums of money w~ra originelly ' stipulated to be psid on such day, anything in said promissory note, and %or in this mortgage to the contruy not- withstanding; and thereupon or Lhereatter at the option of said Ulortgagee. without notice or demand, ~uit ~t law or in equity, theretofons, or thereafter begun, may be prosecuted ae if all moneys aecurnd hereby had matured prior W its in~tftuUoa 7. 'Phat in the eveat tlut at the beginnins oi or at any Ume pending any auit upan this murtgage. or W foreclo~s i~, or W s*fornn it, wd/or to eatorq payment ot any daims hereunder. eaid Mortgsgee ~hall apply to th~ court havins jurisdicUoA thereot fos the appoinf~ment ot a Receiver. auch court shall forthwith appoint ~ Recelver o[ said mort8aged Property all and singular. ineluding aU and singular the renta. lncome, profit~. iasues and revenuea Lrom whatever source derived~ ~ach and every ot whicA. lt being expressiy undetstood. is hereby mortgaged as it speclfically set forth snd deac~t,ed in the granting and haDendum clauaea hereot, and surh R~celver ~hW havs aU the broad and ettecGve functions and powera in anywiae entrusted by a court j to a Receiver~ and suct~ appoinUnent shall be made b;~t suc1~ court as an admitted equtty aad a matter ot ab- ' wtute riaht to aald Mortsagee. and without reference to the sdequacy or inRdequacy of the value oi the pmp- ~ ~cty tnortgaged or to the solveacy or insolvency of a~id Mortgagor and/or of the detendants~ and thst such renL. profite. income. issues and n~enues shatl be apptied Dy sucA Recelvar according to tt~e Uan aadlor eqWty , o? ~aid 3[ottgagee and the practtos of such cour~ 8. It ia understood and agreed that this mortgagt is given to secure. in addition to the note or obligation above described any additional losns or future advances made within twenty years irnm date hereof by the ~ mortgagee to ~aid mortgagora or any succeawr in title oi said rnortgagors of the property hereby rnnveyed; . prov~ded that the total unpaid balance of the indebtec~t~sa secured hereby at any one time shall not exceed the maximum principal amount of . . _ _ _ _ . _ _ _ _ _ _ _ Dollars <i plua interest thereon and any disbursements made by the mortgagee for the ~,ay- ment of taxes. levies or insurance on the ptoperty encumbered hereby, with interest on such disbursements. ~ IN W1TN~3S ~VHLR~OF, the eaid ~Iortg~or ha~•~x~cuted tWs mort~age undar ieal on ~ a.y a„a year ~ herein fitst abov~ ~NrlttetL Sf~ned. ~eald and delivered in the preaenoe o!: ~ . ' ~ t ` A. ~ ~~-i < ~ 1~ ~ C°l; ~ . , . . J' $TA1'6 OF......~%~...::~-! • • • ' COLJNTY OF._. ~i~!~~....._... ~ ~ ~ •r . . ~ . Baton aa. p.raanany appea*s~--- Kenneth A. Schluchter and E~rel~n~M,~Sch1u . : f :..~.:;,::_:a ~ ' W me well known and known to me to be the individuala.. ds~cribed !n aad who executed the fongoing lnstru- ment~ aad acknowled;ed befon me that ~.he3T.. e~cacuted tLe same for tbe purposes thsrein ezprea~ed. wrrt~sss n?y t~a .na orr~~w .~ai cm,~..... -~~'''y ..aar ot..._..... i~..~?. ~ ? a ~ ! ~ ~ Notary Public in aad for the County aad 8tats Atorasatd. , My commie~ion ezplre~: BTAT~ OF ~ , . . . ~ . , : OOUNTY OF---...._....._...._...._.__....._..... ~ ' u ~c s . . . . _ . . . . 'r,... Befors me personally ~ppeared._..._...---...__....._..». aad..._ . . to ~ w~ll lmawn aad , ]nwwn to me to b~ the....._.._.._»_ ............._..»»..Praddent and......_._ 8~cr~tar~ i ~ respectively of _ th~ corponUon nam~d !n tbs fors~ofns irutnim~a~ aad kaown to me to ?e th~ per~on~ wM a~ ~uch o!llcers ot aafd earporatia~. euecuted the same; and theA ar?d tLsre Lt~ ~a1d......_.~ ..................._.._...._.........__~._..r.................__._.._.._..aad th~ ~afd f ~ . ac]wow~l~~ be?o» rae tLat ~ald ! instniment b the hee sct ud de~d ot sald corpontton by thsm rapsctlvaly e~ecut~d a~ auch oflfeus tor t~ Purpwa~ thsreln expres~sd; that ths iea! thereunto attached fi t]M oorporate ~eal by tDem tn lilce c.~paeity ~i- fixed; a11 uadsr wthorlty tn them duly vated by We Boud o! Directora o! aaid corporatiou. ~ WTl'I+1~88 my hand and o[llclal wl thfa._....._~. ._..da~ a[._......_._.._......»._......._....~. 19..~ ~ i11E0 ANO RECOIl0E0 Notarp Publlc ta and tor it.lUC1E CflUMYY FIA. ths Camty wA 8tab Aiorra?A. ROGE~ P~ita~S r, y~ ~ CtERK Ct.'Ctllt CQ~RT l if f 1lECOpD YERt~'!E0~ ' ; : fEe 1 9 0? AM'7Z ; ~ . 2~3061 oQ Q~ ~ 800K ~~7r7 PMif VV~ ~ y:F_. „ - _ . . . . a~r. '