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HomeMy WebLinkAbout2148 A. That ta) In the event ot any breach ot thia mortga~e o~ detault on the part ot the l~tortgagor, tn ~ t1?e event any ot said sums oi money herein nferced W be not promptly and fulty paid v~nthin yi next attes ihe aame severally become due and payable. without demand or not?ce, or ~c1 in the event euh a~nd every the ~tipulaUOns. sgreements, conditio~s and roven~nts ot said prom,sso~ y note snd this mortgage. any or either~ are aot duly. promptiy and tully per[ormed. discha~sed, executed. etfected, completed. complied with and abided by, then, un e~thec oc any such event. the said aggregate sum mentioned in a~d promissory note then remaining unpaid~ wiW int~reat accrued, a~a w moneys secured h~teby. shall become due and payable forthwith. or there- aiter. at the optfon ot said Mortgagee, aa tully and completely as it all ot the said suma ot money wero pHginaliy atipulated to be paid on such day, anything in aaid promiaaory note, and %or in this mortgage to the conttuy notr withstanding; and thareupoa oc Lherea[tsr at the option ot said 1ltortgagee, without notice or demanci, suit at law or in eqWty~ theretotoes, or thereutter begun. msy ba prosecuted as it all moneys secured henby had matured prlor to its instituUoa 7. s s ginnuig o forectose iR, or W retorm i~ aud/or to entorce pi?yment ot a~y ctaims henundar. sald Mor to the court havin~ jurisdtctiat thereot for the appointment ot a Receiver. auc orthwwitA sppoin~ a Recefver of said mortgsged property all and singular. indudin ngular the rentq, incotne~ pro~ta. iasues and nvenues ttom whaWver souroe derived • very ot whicQ it being expnsaly uqdetstopd, b hereby martgagM as it apeciticaUy set eacrit,ed in the grartting and habendum eta~~ heroo[~ apd ~uch Recelver shall have all and et[ective tunctions and powers in anywiae entrwted Dy s court to a Recelver, Rnd a intment shall be made by such court as an admitted equlty atW a mattes oi sb- wlute riaht ortgagee. and wtthout referrnce to the adequacy or ina~equaey ot ths value ~ the prop. erty or to the solvcncy or Inaoivency ot said Mortgagor and/or ot the dafendaats. and that auch proCts. income, issues and revenues ahall be appiied by such Recefver aceprdln6 to tbs iien and/or aquftr and the prectlce oi such court~ 8. above described any additional loans or future advances made within twent -f by the mortgagee to ~aid mortgagors or any successor in titl ' rs of the property hereby rnnveyed• pmvided that the total unpaid balan ¢dness secured hereby at any one time shall not ~exceed the maximum prin ' of . _ _ . . Dollars ~ (i plus interest thereon and any disbursements made by the mortgagee tor the j,ay- tax levies or insurance on the ro II~I WTPN~.S3 VVAERFOF. the u1d ~[ortgagor haa executed this mo undes se tLs and yr~t herein fust above wrlttan. ed. se d vered in the prese e ot: ' ~ . ~ ; Gt-- (SEAL) . . ~ C . EDEWAARD r._.. l s•rwTa oF__.. ~i~.._._.._._. . . ootrnrrY o ~~~=~~r------- Sefon me personaUy appeare~_.__.,. Clarence C. Fdewaard ~ 'w ~ ::ii.:.:..._._.._..__......_._---_.___._.._._.~----•--------------------------.~...._.._... .L,.~~~,•~,,,; ,~q ~qe,f~ known and known to me to be the individual..__ deecribed !n and who executed the tortgoin~ lnstru- ~ V• tql~q~,~yu~ ~ac)rnowledged before me that ....h~.._ executed the same for the purposc,~ thsreia expreseed, ' ~ ~VTAVE33 my hand and oiticial eeal this...---..:'' _.._...day oL.._.:' k..3.~.k~:_~:.»._..'`'' , 1~_73 ' L' - ~,~i ' `M > ` .1,+~NO~i[~C $B81) "'"''~s`'~"s~'r.~°.a6Z-~-:L~:'~ =a~~ ~ f~ L v Q'~ : the ~Ly an 3~ Atoresaid. , , ' ~r My commiaaioa • "SA~t.'iffi F--•• ~~.-Siit: ol Fw:;~a ai ie~e t7~UI~'i'Y oF " ~1? C~icsio~ E~res 4t~r. 27, 1~i73 ' ~oN.a y w..*.. rr. a c.w.., a. i ; Befors me peraonally appeare~•-_.__ an~-•--•-•--......••--••-..._.._ to m~s well Iozo~vn aad known Lo ms to be the- .............____..__......_......President wd...._.._..........._.._.~....._.....__._~...._._...... . $ecrstar~ ` reapectively of tbs oorporati~ na~aed ia the toregoing instrummt, and known to me to be ths person~ wbo a~ such olIIcars ot ~atd cotporatlom. ' exccuted the same; aad then aad there the oatct---• ......................_._.._.__...........~........._.__...w_.._.._.».........._.aad t1~s aa14 -.._..~._..d1d achao~vlecire bstor~ ane that s~ia insirument Is the free act and deed ot aaid corporaUon by them respsctlvety esecuted as ~uch o!lfear~ for t~ purpoees tAerein e~cpressed• that the eeal thereunto attached b the oorporate seal by t~am ia lil[s capacfty a!- fixed: s1l under wthorlty in them duly vested by the Bosrd of Directors of uid corpontton. ; WIT1~33 my hand aad otQcW ~eal ttW-----------------_.........day od 19........ , Notaq? PuDilc tn and for ~....~.~M~ ; t6e Catat~ aad State Atore~aid. ~y' t~azis~don e:pfz+ss: ~~210 ~2i~6 ~ _ _ . _ - _ _ =