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HomeMy WebLinkAbout1882 6. Tt?at (a) In the event of any breacA ot thi~ mortgage or detault on the part ot the Alurtgagor, or Ib? ln the rvent any ot said sum~ of n?oney herein ~eferred w be not promptly an.i [utly paid within ten daye next atter the s:sme se~•ecaily becorne due and payable, v~~thout demand ur not,re, ur ~c) :n the event each and e~~ery the at~pulaUuns, agreements, conditwns and co~•enant' ut slid prunus~uy m~te and [h» innrtgabe, any or either, are not duly, promptly end tully pertarmed, d~scharfied, executed, et:ecte.f, rompleted, complie~ w~ith ani abided Dy, then, ~n c~[her or any suCh event, the sai~ aggre~;ate sum m~•nt~onc~i in sz~d promi~snry note then rcm~ining unpaid, ~+•~th interest n~crued, and aU ruoneys serure~ h~ reDy, sh:?U beeume due and papuDie for.h:v~L:~, or ihere- a[te~, at the optiun o[ sa~d ~fortgagee, as [ully and cumpletely as it all ot the said ~uu~s of money k•sre orig?nally at~pulated to be pai.~ on such ~lay, a:~ything in suid protuissory nole, xmi or ~n th~s n?ortbage t~ [h! ~ontrary not- k•ithstanding; and thereupon or thereafter at the opt,un ot said ~tortgagee, ~~•ithout not:..e a~ dc~and, auit at ; !aw or in equity, theretofore, or thereatter begun, ma~• De prosecuted a~ ~t all muncys secuzed hEreby had matui ~d t prior to its institution ; T. That in the event thst at the beginning ot or at any time pending any suit upon this mortgage. or to foreclose it, oc to retorm it, and,'or to entorce payment ot any cla,ms hereunder, said ~Lortga~rie ahalt spply to tAe couct having jurisdicdon thereot for the appointment ot a Ftece~ver, such court shall torthwith appoint a Receiver o[ said mortgaged property all and s~ngular, including all and s~ngular the renL~, L~cnmc, profit~, issuea nnd re~~enues [*om whatever ~ource deri~~ed, ea~ h and e~•ei~~ of ~vhich, ~t being expresaly under~tood, i~ hereb~~ mort6agPd a~ if speci[~cally set forth and descnted in the ~ranUng and habendum clauses hereot, and such Rece~ver shall ha~e all the broad and effectn•e tun~ t~nns and ;~~~~~:ers ~n ant~~•:se entru~Led ~iy a court to a Receiver, and such appointment shall be made by auch cuurt a~ an ed~nitted equity and a n~atter ot ab- solute right to said I~tortgagee, and ~vithout reference to the adcyuacy or inadeqi~acy of the vali:a of the prop- erty mortgaged or to the solvency or insolvency ot said AtortRa~or and'or ot the defendsn!a pnd that auch renta, profiW, income, issues and ~e~•enuea shall be a~~plied by such Recei~•er according to the Ii3n and/or equity of said Mortgegee and the practice ot such court. , S. abo~•e de~cn a 1 loans or future advances made within twenty pears from date he~eof by th~ mortgagee to ~aid mortgagors or r in title of said mortgagors of the property hereby conveyed; prov~deci that the total unpaid balance o[ the in ured hereby at any one time shall not exceed the maximum principal amount of Dollars plus interest thereon and any disbursements made by e or the {~ay- IN WITNES5 WHEREOF. the aaid Mortgagor has executed thi~ mortgage urider seal on the day and year nerein tirst above writtetL 3igned, aealed and delivered in the presence ot: , -J~~ A C v 1.vLG' 4ax ~ ! j~(li,{~.? --•••-•--.~t.. ~ Vincent E. Nioran ~s IVlarion P, . - -.~.~.R...._..._.~~ .4-~1----~--------- ~ ~ ` ~ ; 1%'~l<<t~c lll~ r~r~~_- arien P. Mor ~ ~ STATE OF._..~~~N..sT..~~S~.._...._._.) ~ ~ } M. ~ ~ COUNTY OF.. /n0-/YlYIQt/ ~ . ~ ~ • I € Before me personWY sPPe~d---•-------..~I.~~Iu k~IS _E._..7~~.Qk~N..._.~__MA.I~.IQI~t._p~_..1~~1i"3.~A11T, his wife, ~ to me v~ell known and know~n to me to be the individual..s descnbed in and who executed the fotzgoiag Inatni- g ment, and acknowledged before me that .~-he.y executed the same fer the purposea therein expres~ed. ~ ~ ~ ~ WITNESS my hand and ofticial aeal this...-_-~.~•'t--:~-•---..dsy or.__.Janua.r.Y.._...._._._._~.~....]:~.~~~? . - . ; ~ _ _ . ~ ~ 1 ~ - ~ : y~ ota,-y c end for ~ ~ '4 ; ~ the County snd State Afor~ ~ a?; - ~ My commiasion expir~N~~.~, 11~ Jl1t ~ SEY ~ : F--...- t10TARY P, 1 ~ ~S'~~ : ~ CO OF........----•---• MY Com~isse ~ • - . Y ~ ~ ~ Befors m rsonaliy appeared 4- 7y ~ and.__....--•--•-•-• _._...__..___...__~._._.M.__., w ms weU known and ~ Secretar7 ~ knov?rn to me W be the.••-•-----•---._...--• ---•-••--•---Preaident Rnd_.._.._.._.___._...--------...-•---•-•-•------••••-•-_..•--•--------.... ~ . ~ reapectively oi Lh~ corporaUoa nsmed in the [oregoing inatrumen~ and known to be the personi wAo a~ such ofScen at eaid corporation. € ~ .and the sald ~ e:ecuted the same; and then and there the ~aid------•-•-••---•---•-•• ~ ~ ...__d!d ackaowledge Defors me that sald . - lrutrument f~ the tree sct and deed ot safd corporation by them reapective xecuted as auch aftfcers for ths ~ ' purpwea thetein expressed; that the aeal thereunto attsched b Ne corporate by them in like capaclty at- fixed; all under authority in them duly vnted Oy the Board of Directors of aald co oa R/1TNP'.38 my hand sad o!licial kal this .............-°----•-•..day oi._..---.._._..___._ 1~._~._ :•=Y ~ Notary Public in and for :r•; fILEO AMD RECORDEO ST. WCIE COUNTY ftA. ~ l~y oomu?ieaion e:pirea: CIERKCC RCWT COURT ~ RECORD VER~FIEO ~ F'Ee I 1 4 3o PM'~t - BOkK199 FAGE1881