HomeMy WebLinkAbout0892 6. That (a1 1n the event of any breach ot thia m~ttgage or detault on the part ot the Alurtgagor, or Ib~ lA
the event any ot said sums of money herein rcferred to be not prornptiy an,! fu11y paid wUhin ten days ~axt
after the s:~me severaUy brcome due and payable, w~sthc~ut demand or noU~•e, ur ~c) in the e~~ent each and e~•ery
the st~pulat?ons, agreements, cond?t?ons and co~•enants of sa~d prom~ss~~~ nute and this uwrtpage, any or either,
are not duly, promptly and [ully per[orrned, d~scl:ar~;ed, executed, etfected, com~~le~ed, camplied u•ith and abided
by, then, in cither or any such event, the sa~~ aggregate sum m~•ntionc.i ~n sa:d prunusso~y note then rema?ning
unpaid, ~~•ith ml~rc~t a~crued, and ail ~uoneys se: ~~red h~ reby, shatl berwn~ due and papaDte forthwith, or there-
atter, at ihe opiion of sa~d ~iortga~;c~:, as [ully an~i curnpletcl}• as if all of the said suu~s of moncy were orig~nally
at~pulated to Ue paid on such ~lay, a??ything ~n sa~d pronussor~• n~?te, amf or in this ruortgage to the contrary not-
wt.hs.anding; and thereupon or thereafter at the oj~ti~~n nf said ~Iort~;agee, ~cithout noGce or demand~ suit at
law or in equity, theretofore, or thereatter begun, map be prosecuted as all muneys secured hereby had mstured •
prior to its institution.
That in the event thet at the Deginning ot or at any time gending any suit upon this mortgage. or to
foreclose it, o~ to reform it, and/or to enforce payment of any cla,ms hereunder, said Dfortgagee shall spply
to the court hav~ng jurisdiction thereot for the appuintmer.t of a R~cei~~cr, such court shali forthwith appoint ~
a Recei~•er o[ said mortgaged property ali and singular, inrludeng ail and singular the rents, income, profits,
L~sues and revenues from whatever source deri~•ed, ea: h and e~~ery uf hich, it being expressly understood, is
hereby mort~aged as it specifically set forth and dzscrited in lhe ~r:inGng and habendum clause~ hereot. and
auch Receivet shall have all the broad and ctfecti~~e functi~~as and F~ur:ers in xny~~•ise entrusted by a court
to e Receiver, and such appointment shall be made by such cuurt as an admitted equity and a matter ot ab-
aolute right to said Mortgsgee, and ~+rithout re[erence to the ad~yuacy or inadequscy ot the value oi the prop-
erty mortgaged or to the solvency or insolvency of aaid Diort~aRor and ior ot the detendant~, and that auch
rents, prQtits, income, issues and re~•enues shatl be a~~piied by such Receit•er according Lo the lfen and/or equity
ot said Mortgagee and the practice of such court.
above descri al loans or tuture advances made within t~~ enty ~•ears from date hereof by the
mortgagee lo said mortgagors o ur in titte ot said mortgagars of the property hereby conveyed;
provideci that the fotal unpaid balance uf the in ecured hereby at any one time shall not exceed
the maximum principal amount of Dollars
(S plus interest therer~n and any disbursements made by ee for the ~,ay-
mrnt o ax s 1
IN WITNESS WHEREOF, the sald Mortgagor has executed this mortgage under seal on the day and year
herein first above ~vrittea
3igned, aealed and delivered in the presence ot: ~ ,
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~i ~ ~ ~ Glenn Milne ~
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~~N`~'~C. ~
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Catherine Milne . i~ ~ ~ :J=
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STATE OF.__._..N
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COUNTY OF.-•• - . _ - ti ~
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Betore me pereonally appeare~-----..~-?.~Fi~I~T._MILTIE__~YL~_~ATHERILI~.MII.~.l.1TE.~._h; . n q .
~t?f~B.. •
to me well kn~~~n and knw~-n to me to t?P ,tt?e individuals_ described in and who executed the toregoing 1n~tru-
ment, and acknowledged before me that _Lhe~ executed the same for the purpo y therei pressed.
~ ~
WTI'NESS my hand and officiai seal this-••---...._.'t...-~-----dsY of--_. . . ..._.y_.. 9
NOF.'iAN E. W~AT~ ~
NOTARY Fi~ ?c. S~~t<~ o: New Y~~k . . `
ty~. ~;;.0~5 ° - -
Qual~f:ed ia :~~-~--~u o Public in and for
~~~~n M~~ ~ 1~~ the County and Siate Aloresafd.
biy comsnission expirea:
~ ss. -
CO OF_..---.•••-......------•.....--°-••------
Before m rsonallY aPpeared••-._...-••--••-------------•-._...._....__._.......__.__...-•----------------.........».._......_._..............---._...._._....
and--• to me well lmown aad
known to ma to De the _......_.....__.Prealdent and...._.......__............__..___.._...-•-•--_..._..__..._.....-----........._ 3ecretar~
respectively oi ..........•--....__..._..._..__._..__........---....f..~-•---._...__...._.._--~•-----. the corporailon
named in the foregoing inatrument, and knov~a e to be the persons a?ho aa euc6 ofIIcen of eald corporation, .
executed the same; and then and there the eald •-•-----.._..._...--•-•--••-•--------~_......._..----•----•---••-.._.__._...and the said -
..~..r ...............did scknowledge before me that eafd '
instrument fe the tree act and deed of sald corporation by them res ely executed as auch ottlcere for ths
purposes iherein expressed: that the seal thereunto attached ie the co e seal by them in lika capacity a.t-
tixed: all under authority in them duly vested by the Board of Directors of orporation
WITNFSS my hand aad offlcial aeal thie ............._..__......-_dsy oL.........._.._......_--- 19__~._
ROEO Notary PubLc in and for
pNe n~N1 the County snd State Atoreaald.
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