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HomeMy WebLinkAbout1401 . i v ;y t 8. That (a) In the event ot nny'breach of thi~ murtgage or default on the part ot LAe !?turtgxgor, or Ib1 tn ; the event any ot said ~um~ ot money here~n rcierrcd to De nut promptly anJ fully paid w~thin ten days next stter the same severalty b~come due and payable, nnthuut demand or notice, ur ~c1 in the e~•ent each snd e~~ery Lhe at~pulations, ag~eements, condltiona and co~•enant~ ot s~id p~om,s~o~y note and this mort~age. ~ny or etther. are not dul~, promptly and tully pertormed, d~scharged, executed, etfecteJ, completed, complied with and aDided by, then. ~n either or any such event, the sa~~ aggregate siim m~mt~oned ~n said protnissory note then rcmA~ning unpa~d, with inWreat arcrued, and all nioney~ secured h.~reby, shall becume dae and pa~•able forth~vith, or there- atter, at the option ot said \fortgagee, as tully a~td cumptetcly as ~f all ot the said sums ot money wero orig~nally st~pulated lo be pai:i on such ~ay, anything in sa~d pron~~ssory note, an~i or in thia o~ortgage to the contrary not- withstanding; and thereupon or therea[ter at the opti.~n ot said Alo~t~agee, ~~•ithout notice or demend. auit at law or in equity, theretofore. or thereatter begun. may be prosecuted us ~t all moneys secured hereby had matured prior w its institution T. That in the event that at the beginning ot or at any tfine pending any suit upon this mortgage. or to foreclose i~ or to reform it, and/or to enforce payment ot any clsims hereunder, said Afortgagee shell ~pply ~ to the court having jurisdiction ihereof for the appointment ot a R~ceiver, such court shall forthwith appoint a Receiver of said mortgaged property all and singular, including all and singular the rents, tncotne, profita, iasues and revenues from whatever eource derived, ea.•h and e~•ei•y ot ~~huh, it being expres~ly underatood, is ~ hereby mortgaged as if specifically set forth and descr~ted in the ~;ranting and habendum clausea hereot, and ' such Receiver shall have all the broad and e[fective tuncti~ns and E~u~~•ers in any~~?se entrusted by a court ' to a Receiver. and such appointment shalt be made by such cuurt a~ an admitted equity and a matter o[ ab- aolute right to said 1liortgagee, and without reference to the adeyuacy or inadequacy of the value of tha prop- erty mortgaged or to the solvency or insolvency of said 1?tortgaRor a~d!or of the detendant~, and that auch nnta. pmtit9. income, issues and re~~enuea shall be aj~plied by such Recef~•er according to the lien and/or equity of said MoTtgagee and the practice of such cdurt. 8. It is understood and agreed that this mortgage is given to secure, in addilion to the no:e or obligation ~ above described any additional loans or future advances made within twenty years from date hereof by the # mortgagee to ~aid mortgagors or any successor in title of said mortgagors of the property hereby conveyed; ; provided that the total unpaid balance of the indebtedness secured hereby at any one time shall no1 exceed the maximum principal amount of _ Dollars plus interest thereon and any disbursements made by the mortgagee for 1he pay- mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. II~I WI1'NES3 WHEREOF, the aaid Mortgagor has executed thi~ mortgage under eeal on the day and year herein first aDove ~vrlttea. 3ign a aled and deUve t esence ot: J ~ DA O ` ~...•K-~XJ~ ~ ~ ~ 4 w...r ~ . V ' ! ~ Peter F. Savino f LEO 4kp RECORpE lUC1E C,~UMTr i~,~, ROGE? P01TR~S ~ ~IERK CtFCUfT COURT~ RFCORQ VER;trEO ~ ~ 3 ~6 PN'11 STATE OF.._.NEW.sT~. .~h.S.~iY_..... COUN1'Y OF...._ r ~~~.1..Z..t~_..._._. Sp~ . ' PE'~E~..~A ~~y~T4._._..____ setor~a rqR:~~Y sFP~~-------------__... i c=_~,;~~~ . - ~ ..__.....~:.:.....:..L.~:.....:.~:~:~«......----•--••-•-----••-----_..---------.._..__....._.._..__..._---._...... ; . . E ta ~aQ ~p~~'~d,.i~nown to me to be the individual.... described in and who executed the foregoing tru- ~ ment~ p~td-iti~~ me that ..__he_... executed the same Lor the purposea therein expressed. ; ~W111~L$$ lny :Lamd and otflcial eeal thia ~~~.day oL...~._....~' ~ 19.7 ~ ~ :J ~q•' . . ~ ~p ~ ' 1 ' " . _ ~ .a l 7••.^~~ i Notary Pub1iC in and~ r ,:r' '1 ~ the County and Stste A! resaid. r ' ~ . - ~ My comminaion expi , ; ' - _ i , ~ , _ . . . - - . ~ „ ii.,T.13Y PU3U~ v: iy ::i,~.. ~ 3TAT~ oF . _ ~ Y ~ . " ~ ss• s9 ~ COUNTY OF...._ 1 My Cor~m~ss;~~ ExF,res ~at . 9 1975 j~~ t: ~ _ _ _ ` f ~,f ,~ei~~'``~ ~ ~ ~nt m~rY. f.~rt4 .~1 w~A Cu;luS1'. Nq~i wl~~~ l 1.•rk ..1 ~nr 1~•.•i••r~ -t' ~~Wn S~ . . 1. M~rvyn R M, v" vu ~ CO NT? O PA9pA1C. ` , ~ Y-Y ~,e,A.~i, 0* ~w ~~,KBEj. ~ Cuurt• 1D•reof. ~h• •~m~ t~Nl~~ Coort• of R~cwd. do hereby c~rt~ Y ~ r~ % 1~ ' g~~~~ ~ ~ ~ ~'i .G~'~ '~~•~-..l ~ `L ~ ~'L 2Y~-~ he co rstion y~~,~ ~pM w~~ V~uMerlD~d lo the certlflcat~ ~ tb~ DroM or •cknowledRmsnt ot t~• annes~4 ~ -r_~q~~n~p~. In wHltn~, and •ndor~rd tAereon, Mu at tA• Um• of I,I~k~ •u proot or acknowr- d~~riCIOII. ~ tm~nt. ~ ~i~/~-c,. ' . , %i ' , ~~"L! _.and the ssld ~ al1A (pt ple CoVnt dw~ellln In safd C~untY. Au1r comml~elon~A an •worn ~nd •ulh~rlied ~ y tA• 1~~ ot ~a14 ~t~t• to t~ke tAe acknnwledRment• •nd roof• at derA~ or c~nr~yai~cc~ LhAL eald ~K ~~,-t~n~m~nta or heredlt~ment• to D• recurdeA In NIO- t~t• ot rl~w Jsn~Y. and tDat I ' ~ w~11 ~COW1AbA Mrlth ~andarltins o[ tM ~a~ fOr ths . , :'~'Uyyut""` ~ ~~st tR• • sn~tur~ to tA~ wld •rtlR t~ ot proot or ackno~t~dRment f• ~~p~jty ; _ ~ ~~nuln~. fa~prwlon of ths ~~~1 0l s~lA 0~rson wbo ook NIA aeknowl~d~m~nt or proot l~ # - ~p~ Iaw to M et~A In th4 oRie~). = p~ ~il[ONT WH=REOT. i As~~ A~r~unto Nt D~nA and aR1=~Q t~ ~~~1 ot tA• wld ~ 19.....-_ ~ " r,wA Oorwq. ~t P~t~non. c~t~ ~ a~~ of ~ ~.s ~ ; ~ Mervyn R. Nontgomery, CLSRK ~ • ) ( ~ ~ • ~ 8~ ~ _ .~s..~ ; _~G; ZPUTT CL$RK ~ s sY 1 ~.~~.~35~3 . ~ ~t nK si ~zoo ~~~o = 3 ~ _ , _ _ ~ _ _ y~ . ,