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HomeMy WebLinkAbout2109 d, Thst (a) Cn ths event of sny breach ot thi~ mortgnge or detault on the part ot the rfortga or, or Ib) tn the event any ot said auma ot money herein re[erred to be not promptly and tully paid within ~ days next after the same ~everally become due and psyable, without demand or nut~ce, or ~c) in the e~ent each snd every the at~pulations. agreementa, conditiona and ro~enants of s.aid prom,sso~y note and th~s murtgage. any or etther, are not duly, promptly and tully pe~tormed, discha~ged, execuLed, etfected, completed, complied witti and abided by. then. in e~thec or any such event, the ssid agg~egate sum m. nt?oned u? sa~d prom~ssory note Lhe~ mma~ning unpa~d, with inte~est accrued, and all moneys secured h~reby, shall becume due and pa~•able torthwith, or ihere- atter, at the option of said I?torigagee, as fully and compietely as i[ all ot the sa?d sunis oi money were originally at~pulated to be pai~ on such day, anything in said promissory ~ote, and•or in this mortgage to the contrary not- withstanding; and thereupon or Lhereatter at the option ot said Afortgagee, ~~ithout notice or demand~ auit at law or in equlty, theretoforo. or therea[ter begun. may be prosecuted as it all moneya secured hereby had mstured prior to its insUtution 7. That in ths event that at tha beginning ot or at any ttme pending any suit upon thls mortgage, or to foreclose i~ or to refotm it. and/or to entorce payment oi any clatm~ hereunder, said Mortgagee ahall apply to the court having jurisdictlon thereoL tor the appointment ot a Receiver. such court shal! forthwith appoint a Recetver of eaid mortgaged property all and aingular. including all and aingular the rents. income, profits, issues snd revenues from whatever source deri~~ed, ea. h and every ot which, it being expresaly underatood. fs 4 hereby mortgaged as it apecifically set forth and descr~ted in the grsnting and habendum c1a~LSes hereoi, and such Receiver ahall have all the broad and eftective functions and pu~sers in anywise entrwted by s court to a Receiver. and auch sppointment shall be made by such court as an admitted equity and s mstter of ab- solute right to sald Mortgagee. and without reterence to the adequacy or inadequacy of the value of the ptop- erty mortgaged or to the aolvency or insolvency ot said Mortgagor and ~or ot the defendanta, and that such rents. profit~. income, is~uea and re~•enues shall be applied by s~ch Receiver according to the linn and/or equity : oi aaid Mortgagee and the practice of such court. ~ 8. It is «nderstood and agreed that this mortgage is given to secure, in addition to the note or obligation ~ above described any additional loans or future advances made w~thin twenty years from date hereof by the morlgagee 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 nat exceed the maximum principal amount of _ D°~~ars plus interest thereon and any disbursements made by the mortgagee for the pay- mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. IId WTl'NES3 WIiEREOF. the said Mortgagor has executed thts inortgage under seal on the day and year herein fint above M?rltten. ~ 8igned~ sealed and delivered In the presence ot: ~ ~ ~ ~ - 1~'v~-~.-~.--- ~ ~ :(,S~AL) t _......r, ~ ; . IAM R. B SNNA , SR. •..i'~ - - . - - - ~ to William ft. Brennan, Sr. ~ ; and Dorothy Brennan !Z ~ tc /Z ( SEAL) ~ ROTHY RENNAN ~ _ : . STATE OF_.....~!C CiiP!.~Q ~ M. ~ cotrnrr~r oF.....~!Q~ .T.~c~?--------•-- ~ ~ Before me personally appeareb.. ~IILLIA~L--$.--•~A.DL~__SR.•--.A~[L-.DOii4TSY---B~A~ ~ .........._..h~i~.. Wi~~.........._._......._._ ~ to me well known and kno~vn to me to be the individua~g. described In and who.executed the foregoing in¢t!u- ~ ~ ment, and acknowledged before me that .~-he-y eaecuted the same for the purpoaea thnrein ezpressed- ;X_-y;'.~ _ ~ ,~~:iia r; ~ . ~ ~ Se tember t; i WTI'NESS my hand and otrictal seal thia_._...../..~ .---_._day oL_._........~...~..._.~ I9. - ~ ~,.?~~~u~+~i,;,~ " . I ~ ~.r~~~ \ ~ ~1'~?~ ' ~,a"~ ~ otary Public in and for ~ d V,`~f ~ ~ tary ; the C oun ty an d S t a t e A f o r e s s t d. = ~ p ~ ~y ~~~'v;H,s~~ 3~-~~ r ~c~,~,i,~t~r~ t¢- ° o a-, srw~ oF-----------------------------------------------~ ~ t?~Y c:.:~~~ ~t . . . . o e ; ~ ~~Y Bondad "[r.i.: v~.~. Ir._.~a ~U;~:I.rr.ritr e L' ~ oF_...---• 1 g 7 i~.....~..~•~o+f• •Eo` ~ ~ - 1 ~ Before me peraonally aPPeared---.......--•--._....••--....--•----_....._. _ ,~~l~ S~pZ , W ms well knowa~~s~n^"`~~ ' anb known to me W be the------•----___. ._.._.......Pnaident and~.....~....__.._.._.._.~...._ $acretar7 respectively of tbe oorporstion - • named in the foregoing instnimen~ end known to rne to be the person~ wtw as such otllcen oi eald corpontion. . ~ ....._._.and the se?id ' executed the same: and then aad then the eaid-----..___....._._..___....___ # t ..r.»._.._._... ._...d1d ~clmowledge before me that ~aid ~ ' F" tn~trument 1a the free act and deed of satd corporation by them nspecUvely executed ss sucJi oftlcers for the ~ Y purpo~es therein expreseed- that the seal thereunto attached is the oorporste seal by them tn llke cspacity at- ; ~ tixM; all under authorlty in them dulY vested by the Board of Directors ot said corporatioa ~ 19. ` WITNFSB my hand aad otflcW st~ ~s...-----•------_•-daY ot_............~.._..._ ' ~ ~ ~?M ~~C~ ~ t1~E~ 1E~"" As ~ LVC pp,`~ Notary ~bHc tn and for ~~p~E RC C0t1 the CountY and state Atoresatd. ~ ~Q~~ VE~t4'E~ ' Hy comaifeaion espires: ~ y ~ RE ~ ~ e~ 1~ ~ ~ 2~~52 ; ~ ~ ~ ~ ' " ~~-~„r ~ ~ ' ~ ~ ~ ~ ~~~~~~'~--s..~.' .