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HomeMy WebLinkAbout0446 Q. Tbat (a) ia t2~~ ~vent ot any breach o! thls morlgaae or delault on the part ot the Wort~ugor. or Ib/ tA ' the event any ot said aums of money here/n relerred to be not promptly and tully paid w~thin ten daya neatt aiter the same aeve~Uy become due and payable. without demand or notice, or ~c) in the event~each and every ths sGpulations, agreements. conditlona ~nd ~~ovenanq of a.ud prom,a.w~ y note and this mortgage, any or either, are aot duly. pmmptly and [ully peKormed. dlachuged. acecute~ et[ecte.i. completed. complied wit,h und abided by, then. ia either ot any sucb event. the said sggregate aum mentioned in sa~d prnmisaory note theb remau~ing unpald~ wtth lntereat eicerued. and W monaya secured h~reby. shall become due and payable forthwith. or these- •fter. at the option of said Mortgagee. as tulty and- completely as i[ a11 0[ tne said sunia oi money were originslly stipulated to be psid on auch day, anything in aaid promiaaory note. and!or in thia mortgage to the contrary not- withatanding; and thereupon or thereafter at the option ot said 1?iortgagee, without notice or demand, suit at taw or in eqWty~ Wentotors. or Wereatter beguq may be prosecuted as it all moneys aecured hereby had matured prior to tts insutuUoa T. Thst in the eveat that at tl?s beginaiag oi or at say Wae pending aay sWt upon thla raortgage. or to lorecloss it~ or to reform it, aad/or to eaforce payment ot any claims t~ereunder~ eaid Mortgagee stWi apply to tbe coutt Havin~ jurtsdicUon theseof for We appointment ot s Receiver. such court ahall iorthwith appoint a Receiver ot eaid mortgaged property all and singular. including atl and ainguiar the rents, it?cotne~ prot~ts„ bsues and revenuea from whatever souroe derived. each at~d every of which. it being expressty underatepd, ii hereby mortgaged as ii specificslly aet torth atid deacriEed in the gr.uuing and habendum elawea hereoi~ and ~uch Recelver shaU havs ell the broad and etfecqve Nnciions and powera ;n anywise entrusted by a coust to • Recelver, and such appointment ahall be made by auch court as an admittcd equity and • mattes of ab- solute rlght to aaid Mortgagee, and wtthout reference to the adequacy or inWequacy oi the value o! the prop- erty mortgaged or to the solvency or inaolvency of said Mortgagor and/or of the defendants. a~d that such renL. profits, income. issues and re~ enues shall be applied by auch Recelver according to tAe Uen snd/or equity oi uid 3[ortgsgee and the pnictice of auch caurt 8. It is understood and agreed that this mortgage is given to secure, in addition to !he note or obligation above described any additional loans or future advances made within twenty years from date hereof by the mortgagee to ~aid mortgagors or any succe~or in ti11e oi said mortgagors of the property hereby conveyed• provideci that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed ~ the maximum principal amount of . . _ _ . Dollars . . (i plus interest thereon and any disbursements made by the mortgagee for the ~ay- ~ ment oi taxes, levies or insurance on the pmperty encumbered hereby. with interest on such disbursements. II~i W1TrTE33 ~VFIERF~OF. the satd l[ortgagor !uy executsd th3s mortgage under seal on ths day and year herein tirRt above wrlttea Sigaed. sealed aad delivered in the preaence of: r ` `JCV . ._.~C~,~~r./ ~L:~G,.'/~x/ STATE OF.~, ) COUNTY OF...~_A~.~c..~..t~_---------------1 ~ ~ro,.~ ~~,.,~Wy,p~~~_Frankl C. 1~lilson and Carol A. Wilson . to me well known and known to me to be the individusl_~ described in and wtw extcuted the tore6M~tg~f~- meat~ and acknowledged betorc me that ~-hex esecuted the same for the Purposes therein esP~'•.<•;-~'s;; . ~ ~ t j ~r/~! ti' wrrrr~ss my n~a .,~a ore~,u ~,u cm,.....1_~ _._._a.y oL.-,~l~-r.~ J...... ;;:::..::~i~~ ~ ~ - "i`~ ~ ~~~;~'?.u,~,., i c., : ~~Public ia aad ior~-::: . . ~Y ' the County aad 3Lte Afoife~~~~,~ ~~-~~r;`r; : My commiasion explnss ~iitery .M>it. ~~'Rart~e et $TATE OF_ ~;,a~~.cs Oct 197e COUNTY OF_._.r.»__..._.__ _r._._... j ~ . - ~l~an Fys a Cov~dlp [w . ~ Hefors me personally aPpeand.._--..------...___...r__.. j aad.._.._......____.... to ms well lmowa and ~ lcnown to ms W be the__..._._. ___...........Preddeat aa 8ecuatar7 ! reapectlvely oi tlie oorporatloa named in the toregoiag initrumw~ and lmman to me to be the pee~wtu who y auch oiti¢era of said corpont,bn. executed the same; aad then aad t2~ers the aald.._..____...._....___.._.... __.....~.and ths ~afd --..__...y._....___. aclm4wkdge baton me that said instrument Ls the free act aa~d deed oi satd corporatioa by them rapectlvety executed as snch oMcere !or t~ Purpo~ses U?erein e~cpressed: that the sW Wenunto aitached i~ Lhs oorporate seal by tham in liks capacity a!- fized: alI under authorlty in tt?ezn duly ve~ted by the Board oi Dlnctors oi said corporatio~. WITNSSS my hand aM o[Ada1 ~eal tbis_.__.__...___._._.....~da~ 1~.---- . ~ Notar~ Public tn at~d for ~ ~N~ AR the Uamtp aad 3tste wioreWd. U? CIL ~4U ~U? ~P~: : • F goij a ~?t r o~~~r~ ~;:.G~ ~ ~fCe G Yf~'+t~ 4 ~ Zj ~0 ~ ~ ~z3 zsoss9 80G~ 2~z ~A~~ 446 ~ , ' ~ ~ ~ ~,,~r" w = ~ ' - .