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HomeMy WebLinkAbout2898 6. That (al ln the event ot any breach ot thi~ mortgage or default on the plrt of the ;Io~tgagor, or Ibi tn the event any ot said suma of nionev herein ~cferred to be not pranptly anJ tully pa?d within ten days next siter the same severally brcome due and payable, w~ithout d~~mand or not~cP, ur ~c1 ~n tlie et•ent each and every the st~pulat~ons, ag~ecments, coi?dit~ons anJ co~~~na:its of s~?ad pranis~~~~}• i~~te and this i~iurieage, ~ny or eithe~, are not duly, promptly and fully performed, d~schar~;ed, executeJ, effecte.i, completed, eomplied M•ilh and abided by, then, in cither o~ any such e~~ent, Uie sai~ agg~e~ate sum m~~nt~one.1 in s:ud pro,~i~ssory note then remauung unpaid. «~ith intere~t nrcrurJ, and aU ~noneys ser~ue~ h~ reb}~, shall becuniP due xnd pa~•able forth~vith, or there- ailer, at the option of said ~fortgugee, as tully .ind c~~mpietcl}• us ~f all of the sAUI suu~s of money H•ere originally aLpulated to be paiJ on such day, anything in said pronussor~~ note, f?n~l or in th~s ~nortgage to the contrary not- vv~thstanding; and thereupon or thereatter at the optu~n of said \Iurtragee, ~~•ithout notice or demand, suit at ' law or ~n equity, theretofore, or thereatter begun, may be prosecuted as it alt moneys secured hereby had matured prior to its institution. _ T. That in the event that at the beginning ot or at any time pending any suit upon this mortgage, or to loreclose i~ or to reform it. andtor to entorce payment ot any cta,ms he~eunder, said Diortgagee st?all apply to the court having jurisdiction thereof for the appwn!ment of a Re~~e?ver, such court shall forthwith appoint a Receiver of said niortgaged property all and singi~lar, ~ncluding al! and aingular the rents, income, profits, issues and revenues frum whate~•er source deriveJ, ea.•h and every of ~~•hich, it being expressly understood, is hereby~ mortgaged as if speclfically set torth :?nd descrited in the ~r:inting and habendum clausea hereof, and auch Recei~er shall have all the broad and effect~~•e tun~tinns and ~,~,~~:ers i~i xi~}~vise entrusted by a court to a Receiver, and such appointment shall be made by such cuurt as an admitted equity and a matter of ab- _ aolute right to said l~fortgagee, and ~vithout reference to the adeyuacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or insolvertcy of said rtortgaRor and'or of the defendants, and that such renW. protits, income, issues and re~•enues shaU be af~plied by such Recei~~er according to the lien and/or equity of said Mortgagee and the practice of such court. above described any additional loans or future advances made within twenty years~ fro y th~ mortgagee to :aid mortgagors or any successor in title of said mort • property hereby conveyed; pruvideti tl~at the total unpaid balance of the indeb erebp at an> one time' shall not erceed the maximum principal amo Dollars (g , plus interest therenn and any disbursements made by the mortgagee for the pay- IN WITNESS WHEREOF. the said Mortgagor has executed thi~ mortgage under seal on the day and year herein tirat above rvritten. 33gned. sealed and delivered in the presert~e o[: ~ c • •-...._---4..-~~ _ „~.i~ , • ~i . R,a.yII10T1 11113IIIS ~ --t: ':..L. ~ L.~LFti....: ....~:G.:L _z.c...c.,fG_._ / ` ~ / ~ C.Ju'~~.-a Dorothy M. Williams, STATE OF. .....~'•Z.C~F~D~i....----°---- ~ p. ~ CovrrrY oF...~.'~~I...---•--~--~---~- RAYMOND WILI~AMS and DOROTI-~_N~,_~,~~~IS, ' Before me pereonslly appeareb .................._.__...-•--........_.r---.__._....._..._....----•--.....~._............____. , his wife, ' to me well knoti~n and kno~t-n to me to he the individual..$ described in and who executed the loregoing in~tru- i ment, and acknowledged before me thet _t.he.~ executed the same for the purpose9 therein expressed. k " ; WTTNESS my hand and ofElcial ~eal thie....---1 :•_-•-----°--day of....~.~~~~~17,~x_.._.__._..._.._.._._., 19...~+ ~ / / ~ .~4s=-~..L..!~ _Cf. ~_t~.s_ca,,,:.'._ ~..~«.:.~r,~` .•L.~.~'*-' ~ ~ otary Public in and for ~ : ~ ~ ~ ~ - the County and State Afore.said. ~ U~'~" $ My commiasion expires: ~ = ~ ~ J ~ 4 ~ ~ ' ~ ' ' ~ 3TATE OF•-~----° ' - ~ : r- ° q7 ' n_ = . ~ ~ ~ ~ - - . ' ° a ~ ~ _ oF.. Z R ' . ~ • - • ~ ~ . - . . _ • / .i ~ ...............l`iy.. :~LtAt.'..~ ~r Be me personally appeared.-------•--•--•--•---•-•-----.-.-..._. - . ~~T.~. - and to me well kntl~vn~ mo~d• ' known to me to be the _.Preaident anb..._.._..__....._.__.._.._.._..---•----...__.._._._..._..-•_--••---...___ Secntar~ respectively of the eocporaUon • ~ named in the foregoing inetrument, and lcnown e to be the persons whu as eucb anlcers of eaid co ratlon. executed the same: and then and there the said....._..._-•---... ..................-•--••--•--__._and the said ~ ~ ._._.__._.---.~........_...r ~....._did aclmowledge before me that sald „ ~ instrument is the free act and deed of safd corporation by them respectlv eaecuted as such oMcers for s ="s purpose~ iherein expresaed; that the eeai thereunto attached ie tha corporate by tlietn 1n 11ke capacity at- fixed: all under suthority fn them duly veated by the Board of Directors ot aald co Lioa - = WITNFS3 my hand and ofllcial scal this .............-•--•_-••--daY o!•.__...---_.._••-....--•--.._._...... 1.._._ ~ ~ . ~ a~ ~ - Notary PubHc in and for ~ Fll~ C ~ ~~~`~~DEO ST R ~t`.:,OUNRAS`A r. ~ My commiasion explres: or 'l Gtsit COJRT ~ - ~ C l E . . : t E : ~~r.~~k. R F ~ : ~ ~ Z 3 os PM'~ Z x ~ °ooK208 ~~~289? 243549 a - ~ u . , . : . 3 4 . 3 3 ~~'~"~a` s~t~~~«-~.,- 3 X ~ ~~~s~'-'e~4"-'~ ~ ~f~, ~ _ _ - _ _