HomeMy WebLinkAbout0303 8. Ttut (a) 1n the event of eny breach ot thi~ mortgage or defauit on the pxrt ot the I?tortgagor. or tbl ta
the evenl any of aaid auma of money herein cefecred to be not promptly and fully paid w~thin ten daya'next
aiter the same severally become due and payable, without demand or nutice, ur ~c) in the event each and every
the st~pulauons, ag~eemente. conditiona and cove~ants ot az~d promasso~ y nute and this mortgage. any or elther, i
are not duly, p~omptly and fully periormed. d~scharged, executed, ettecteJ, completed. complied v~Zth and abided
by, then. in e~ther or sny such event, the aud aggregate sum m~ntioned in said prom~ssory note then remaining
unpa?d, with interest accrued, and ail nioneya aecured hereby, shall become due and payeble forthwith, or thera
after, at the option of said 1ltortgagee, a~ [ully and completcly as if all ot the sald sums of money were o~iginslly
atYpulated to be pai~ nn auch day, anything in said pron~issory note, and-or irt this mortgage to the contrary not-
withstanding; and thereupon or thRreafter at the optiun ot said l~tortgagee, ~~ithout notice or demand. auit at
lsw or tn equity. theretofore, o~ thereatter begur, may be prosecuted as if all maneys secured hereby had matured
prior to ita institutlon.
9. Thst In ths eveat that at the Deginning of or at any time pending any sutt upo~? this mortgage. or W
forecloae it~ or to nform It. and/or to enforce payment ot any da~ms hereunder, said Mortg~gee ahal! ~pply
to the court hsving jurisdlcUon thereof tor the appointment ot e Receiver. auch court shall forthwith appoint
a Receiver ot eaid mortgaged property sll and aingular. including all and singular the renta. tncorae, profita.
issues and revenuea from whatever source derived, each and every o! which. it being expressly underatood. i~
hereby mortgaged a~ if apecifically sei fo~th and descrited in the Rrsnting and habendum clau~es hereof~ and
such Receiver shali have e~ll the broad nnd etfective functions and Fxn~•era in anywise entrusted by a court
to s Receiver. and such appointment shall be made by auch court as an admitted equity and a matt~r ot ab-
solute right to sald Mortgagee, and without reference to the adequacy or inadequacy of the value of Ne pmp-
etty mortgaged or to the aolvency or insolvency of said biortgagor and/or ot the defendants, aad that such
rents, protits. income, issues and re~~enues shall be applied by auch Receiver according to the llen and/or equity
of said Mortgagee and the practice of such court.
above described any additianal loans or future advances made within twenty years irom e
mortgagee to said mortgagors or any successor in title of said mort a perty hereby conveyed; ~
providecl that the total unpaid balance of the inde ereby at any one time shall not exceed
the maximum principal amo . Dollars ~
(S , p us interest thereon and any disbursements made bv the morlgagee for the pay-
II~i WITNES3 WHERF.OF, the aald Mortgsgor haa executed this mortgage under seal on ths day ~nd yeas
nenin first above w?ritten. .
8lgned. seale3 and delivend tn the preaence o[:
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~_.,~`:.::~~~.r.....~..!:t~ ~L_::~'.~.j~........._ M~ L. White ~
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...~xt''t~'.....------- d i~ite
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` C 1 A. Strock ~
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Grace M Strock ~
srw~ oF..... IlVDIANA.._w.~.._._ ~ , `
S Tu ~ B E nr........__. r'
COUN'1'Y OF---_.._.•--•-..._..-°-•--
Betore me Y aPP~a~-._.~x L'. WfII`I',
E G ERTR~_..H....~iT~iIT.E,_...
~ A, STROCK and GR.ACE M, STROCK y~
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~ to me well known and known to me to b~ the individual~. dwcribed in and who executed ths fQ~ l'~~!`~
,
~I ment, and acknowledged befon me that ~._he7~.. executed the same for the purposes ihsrein ezpr~rd~!,'•~:~ :'!J~~'~.~~
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` xoc.~? ~ ~n .na ro:
~ the County and State Aforeaatd;/
§ M commis~ion ex irea:
~ y P i- ~ 1~ SF~ v
~ $TATE OF--•---•-•-•---••
a
~
? UNTY OF-•---•••---...._.___
~ Be me personaUy appeared .................._..-------•---•-------_....__._..._...._...._._......r_...._....._,....._........._. i
~
~ and.....----•---...._........._ to ms ~vell Immvn aad
~ known to me W be the.....---_... .._.._..___._.Preddent an~.~.._ Secsetar~
~ tLe corpontlon
~ reapeMively oi
~ named in the Loregoing instrumen~ aad known to ba ths perwns who a~ such ofncer~ o! uid corporatioa.
~ ....._..~._.aae ~n. wa ~
executed the same; and then aad there the uib.._.__.-----..~ .
~
d1d ael~no~vladgs bsfor~ me ttut said
Y~ . _
~ in~trument is the free act and deed ot aaid corporation by them respsctlv ecuted a~ auch oMeet's for th~
~ purposea therein expresaed: that the ~eal thereonto attached i~ ths corporate Ay tHem fa lilcs capsclty a!-
fued: all under authorlty in them dulq vested by tDa Boud ot Directors of satd o0 00.
l~
~ W1TNE38 my hand aad ofAcial iea! this--•-----....r...._,_...d~y ot_
~
~ LED A!tD Itft R
; ~uc<< couw~r g~~. xati?~? ~,bu~ ~ .na r~
IIOCE~ POITIIA~
-i~ CtERK C:HCUIT COURT ~[y coa~msr~ioa ~ptres:
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