HomeMy WebLinkAbout5387 g. That tal In the event of any breacl~ ot thla mortgage or detault on the pzrt ot the ~Io~tgxsor, or Ib? ln
the event any of said auma of money here~n refei-red to be not promptly and tuliy paid w•ithin ten da~s next
s1te~ the same severally become due and payabte, withuut demand or IIJ~ICC, ur ~ c) in the e~•ent each and every
the at~pulationa, agreements, cond~Uons and co~•ana~t~ of ss~d p~om~ss.u}• n.,te and th?s nwrto:~e, any or either,
are not duly, promptly artd tully performed, discharged, executed, effected, completed, complied w•ith and abided
by, then, 1n e~?_he~ or any such event, the sa~d aggregate siim m~•nt~oned in sa:d promi~sory note then rcma?ning
unpa~d, with intrrest accrued, and aU moneys se. ured h~•reby, shal! become due and payable torth~vith, or there-
s[ter, at the option ot said ~iortgagee, as tuUy a~~d cumpletcly as ?f all oi the saul su~us ot money w•ere origmally
atlpulated to be paid on such day, ai~ything in s~?id pronussorp nnte, and or 1n this niortgage to the contrary not-
w~thstanding; and themupon or thereatter at the optiun ot said \Io~tsagee, ~~-ithout nouce or demand. auit at
law or in equity, theretotore, or thereatter begun, may be prosecute3 as if all moneys secured hereby had matured
prtor to its institution.
7. That tn the event that at the Deginning ot or at any time pending any suit upon thia mortgage, or to
foreclose it, or W reform it, and,'or to enforce payment of any cla~ms hereunder. said :~Sortgagee ahall spply
to the court having jurisdiction thereof for the appointment ot a Recci:•~r, such court shall forthwith appoint
a Receiver of said mortgaged property all and singular, including all and aingular the rent~, income, profite,
iasues and revenues from what~~er source derived, ea.•h and e~•ei~} of ~~•h1ch, it being expres9ly undetstood, ia
herebp mortgaged as if apecifically set torth and descrited in the ~r:int?ng ar?d habendum clausea hereof, and
euch Receiver shall have all the broad and efiecti~•e functi~ns and ~.u~cers ir xny~~•ise entrusted by a court
to a Receiver, and such appointment shall be made by such cuurt as an adinitted equity and a matter ot ab-
aolute right to said Mortgagee, and without reterence to the adequacy or inadequacy of the value o! the prop-
erty mortgaged or to the aolvency or insolvency of said 1?iortgagor and ior of the defendants, and that auch
renW. prnfit~, income, issues and re~•enues shall be a~!plied by such Recel~•er according to the lten and/or equity
of aaid Mortgt~gee and the practice of such court.
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation ~
abo~•e described any additional loans or future advances made w~tfiin twenty years from date hereof by the `
mortgagee to ~aid mortgagors ar any successur in title of said mortgagors of the property hereby conveyed; ~
provided that the total unpaid balance of the indebtedness secured l~ereby at any one time shall not exceed `
the max~mum principal amouni of Dc~liars ;
~s plus interest thereon and any disbursements made by the mortgagee for the ~,ay- ~
ment of taxes, levies or insurance on the property encumbered hereby, M•ith interest on such disbursements.
IN WITNESS WHERFAF, the aaid 1liortgagor haa executed this mortgage under seal on the day and year
herein tirst above w?rltten.
3ign aealed and de8vered in the presence ot: " AQUA RABELI+A ~ INC.
' By : ~3~I~c~'"
; ~ ~ , Its President "
:
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t~ r YC~ : 1~s
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STATE OF---•-----.. ) ~
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COUNTY OF-•
~ Before me persoaally aPPeared-•--•-•-•-•------......_.
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E to me v~ell known and kno~rn to me to Ae the individual..._ described in and who executed the foregoing in~tru-
~ ment, and acknowledged before me that ___.he._.. executed the same for the purposea therein expresse~
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< WITNESS my hand and offlclal aeal this-•-----•--• .................day of..r__...._._. 19..._...
~
~ Notary Public in and for
~ the County and State Aforesaid
~ My commission expirea:
~ 3TATE OF--••---•._...~H~C~.••-•--•-------••.• ~
~ CLARK ss.
y r-c,urrrY oF
~
y. Betore me personsliy aPPeared .......................~~J~lI).~th_..H...---I2llrIIhr3uqh.._...__....___..-•-------.._..._...._.._.......
and--•--••---•----•-••-• W ms well 1moNm aad
~ said........_....---Prealaent ana_.._.__ secrecar~
~ known to me to be the._.-•--.....
~ respectivety oi AQU~_..~BFI+LA,._..IN~._. the corporauon
> named in the foregoing inetnunent, and known to me to be the pereons who as such ofticers of aaid corporaUon.
'Y
ra Kenneth H. Du . n ~ug.h ................._...and the said
.
eaecuted the sarr?e; and then and there the said..----••-•••-----°--••..-....•-•---
~
~ ...-.-----------..__^._..._._d1d acknowledge beforo me that said
..-•--•-.....-•--•••••-•-•-••-•--•••--•••-•.r--•--.__-~
- lnswment i~ the free act and deed of safd corporation by them nspectlvely eaecuted aa auch ot!lcere for ths
purpose~ therein expressed: that the seal thereunto attached is the corporate seal bY them in 11~e ~P~ity at-
fixed: all under authority in Lhem duly veated by the Boerd of Dfrector~ of said corporatioa
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W1TNE.S9 my hand and offlcial seal thie--••---.~~~Il ____daY or----....D.ecem.rzr.__._..._....__....._.., 19_.~._
_..G..... - ' , : -
Public in er?d for , .
~ - the unty and Sute Afore~aid: : : , • , . ~ -
My oommlaelon e~cplres: ' ; " ' -
s
• - .
~ ROBERT C. COPES . ~ ~
Notaty Pubtic, Claric Co~~ni.~. O},i~ " ~ ~ 1~~ ' .
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