HomeMy WebLinkAbout1482 8. That (a) !n ths svent ot any breach ot thi~ mortgage or defautt on the part ot the Afortga o~, or Ib? in
the event any ot said aum~ ot money herein referred to be not promptly and fully paid within ~ daya next
after the same severatly become due and payable, without demand or nut~ce, or ~c) :n the e~•ent each and e~~ery
the atrpulations, ag~ee~~ents, condR~ons and co~•enanW uf sa~d p~om,s~.~iy n.,te and th~s ~nurtgage. any or either,
are not duly, promptly and fully },erformed, discharged, executed, eflecteJ, cumpteted, compiied with and abided
by, then~ in either or any sucb event, the ssi~ aggregate sutn m.•nt~one.i ,n sa,d prum,ssory note then remairung
unpa~d, with inl~reat accrued, and aU morteys se.:ured h~•reby, shall become due and pa~•able torth~vith, or there-
after, at the option of said ltiortgagee, as tully and cumpfeccly as lf a!! of the sa,d sunts of money N•ere originally
at~pulated to be pxi~ on such day, anything in sa~d promissory note, an~i or ?n thia mortgage to the contrary not-
v~itRs:anding; and thereupon o~ thereafter at the opti~~n ot satd ~fortgagee, ~~•ithout notice or demand. auit at
law or in eQuity, theretofore. or thereaiter begun, may be prosecuted as tt all moneys secured hereby had matured
prlor to its institution.
T- That in the eveat thst at the beginning ot or at any ttme pending any suit upon this mortgage, or to
toreclose it~ or to reform it, and/or to entorce payment ot any claima hereunder, said 1?fortgagee shsll apply
to the court having jurisdiction thereof tor the appointment of a Re.:c?ver, auch rnurt shall forthwith appoint
a Receiver of said mortgaged property all and singular, inciuding alt and singular the rents, tncome. profita.
issuea and revenuea irom whatever aource derived, ea. h and e~•ei-y of ~~•h?ch. it being expressly under~tood. is
hereby mortgaged aa it specifically set torth and described in the ~ranting and habendum clausea hereof. and
such Receiver shall have ttll the broad and etfecti~•e functi~ns aii~! puu•ers +n an}~•ise entrusted by a court
to a~ Receiver~ and such appointment shall be msde by auch cuurt a~ an admitted equity and a matter of ab-
~olut~ right to aaid Mortgagee. and without reference to the adeyuacy or inadequacy ot the value ot the prop-
erty mortgaged or to the solvency or insolvency of said Mortgagor a~d!or oi the detendante, and that auch
tents. profits, income, issue~ and re~~enuea shall be a~~plied by such Recei~•er according to the Ilen and/or equitq
of said Mortgagee and the practlce ot such courG
above described any additional loans or future advances made within twenty years f y the
morigagee to ~aid mortgagors or any successur in tiUe of said mort property hereby conveyed;
provided that the total unpaid balance of the ind ereby at any one time shall not exceed
the maximum principal am Dollars
(S , p us interest thereon and any disbursements made by the mortgagee for the pay-
IIv WT!`NE53 VVfiERFOF. the said Mortgagor haa executed this mo age unde: eeal on the day and year
l~erein Krst ve ~vsitten,
3igned~ sealed an ered in the presence ot: ~i E~ ~ •
- . '_'C
_ SEAL
J ~ ~
~ . I R. ,.In iv a y
....4~ and ee
~ ~
s o, iam R. ~cott and ~ ~ f~~< i~.~--
Catharine Scott ~ - ~
`'C~~~'~Z c C ~ ( SEAL)
~ CA RINE SCOTT
STATE OF._...._~~.~I~.A._ ) j
covx~rsr oF---.. _~IART.L~i i :
. ?
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~rore me peraonauy ap~area. ~WZ~IAM_R~_SCOTT1__Indiyidual~ and as .Trustee,
...Znd...CATHASINB-SC04"~,...~his.-~tifa.....__.___....._
to me well known and known to me to be~he indi~idua~.. described in and who executed tbe fo~gpll~gi~tiv-
ment, and acknowledged before me that heX. executed the same tor the purposes therein ezp~~ ~ r~i~~~
~t.' ~
WITNESS my hand and official aeal this..__."S._._.~~..__..day ot_._--_---- ~aY.....~..,~:
~ .
. _ ~ ~;Y=
_ _ ~~E~- - +.1-+-: c ' -
NoU?ry Pub1SL !n and tbor"' ; O~ A
the County and State ~6el~iiaiC
: - ~ c` =
My commissior~ expires: '
$TATE OF.•--•--•....•-••._......--••---•-••--•••-•--•--• .•r
_
- MY ODlJ~1Ai551:+. ~ " ,
~i J+.f~._S C::.~...;~!{•~j f4y~`1 _ t;`
COUNTY OF. ~ .
1 ~ • ~ 9 - ~t 2 ~ ,
Betore me personallY ePPeai'ed----••-••-•--•••---------•---....___......_._.___.---~._..._.._..».....~___._...._.
and..---•-_•--...•-•--•--•--....._ to me vvell kaman and
known Lo me to be Lhe....•------_..__..._.__....-~-•-•---Prealdeat and_.....__...~..___..__._.._ Secretar~
' re~pectively oi the oorporatloa
named in the toregoing insirument, and ]mown to me to be the person~ M?ho as such olAcera of sald corpor~tion.
executed the aame; and then and there the ~aid .................__.._.__.-----•-•--••-------__.---_.w..._...-•-•----....--••---_.__...and the ssid
--.._...._..~..~~....._..did acknowledge befors me that aafd
1n~trument ia the free sct and deed of satd corporation by them respecUvelq executed a~ auch otlicera for ths
purpoaes therein expreaeed; that ttie seU thereunto attached 1s the oorporate seal by them fn 11ke capacltq d-
tixed; ell under authorlty tn them duly vested by the Board of Directors ot said corporstloa
WITNESS my hand and ottlclal s~eal tl~ia-••-•-------------_._.~day oi...__-••--•--..._.._.._._._....--•.~_ lo_._.._
. . .
Notary Publlc tn and for
the Couaty wd 3tate Aforesald_
' My commfadoa espfrea:
(
~~a.
339 pacr2412 '
~~oK 203 P~~E 1 ~82 f
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