Loading...
HomeMy WebLinkAbout0939 t 6. That (a) in the eveut oE a~~y breach oE this mortgage or dt[ault on the part ot the !ltortgagor, or (b) in the cvent any of said sums oE aaoney hercin teterred to be not promptly and tullr paid withii~ ten days next a[ter the same severally be- come due a~d payable, without demand or notice. or (c) i~ the event each and every the stipulations, agreemenu. rnnditio~s a~d mv~aa~ts o[ aaid promissory note and this mortgage, any or cither. are not duly, prompdy and [ully per[ormed. dis- ° charged, executed. eEtated. rnmpleted, complied with and abided by. then. in either or any wch event. tht said aggregate ! aum mencioned in said pranissory note thrn rrmaining unpaid, with interest accrued, and aU moneys secured hertby. shaU f become due a~d payablc forthwith. or therrafter. at the ~option of said 1liortgagee. as tuq a~d completely u it all of the ~ uid sums oE mone~r ~ae uriginally stipulated to be paid on wch dar. aaything ia said promisaonr aotr. md/or in tliis mort- ~ gage to the rnntrary notwithsta~ding: and therenpon or therea[ter at :he opcion ot said 1liongagee. without notice or de- ~ mand. suit at law or in equitr. thertto[on. or therealter begun. may be prosecuted u if all moneys secured hereby had : maturcd prior to its institution. l . _ 7. That in the event~that at the beginning oE or at my titne pending any wit upon this mortgage, or to [oreclose it. or ~ to rtEorm i~ and/or to eaforte payment of any tlaimt henunder. said T~ortgagee shall apply to the murt having jurisdiction i thereoi for the appointment oE a Recei~er. such court shall forthwith appoint a Recei~•er ot said mortgaged propeny all and s singular, intluding all and singular the rents, income. proEits. issua and revenua from whatever source derived, each and ~ every of which, it being expressly understood, is hereby mortgaged u if specitically set [otth and dacribed in the granting ~ and habendum clauses hereof. and such Recei~•er shall have all the broad and e([ective tunctions and powen in anywise ~ entrusted by a court to a Receiver. and such appointment shall be made by such murt as an admitted equity and a matter of absolute right to said Atortgagee, and without reterence to the adequacy or inadequacy of the value oE the property mort- gaged or to the solvency or insoh•enc~r of said iliortgagor a~d/or of the detendants, and that such rents, protits, income. i;-- . sues and revenues shall be applied by such Receiver according to the lien and/or equity of said btortgagee and the practice ~ oE such mw~ , IN R'1TNESS WHEREOF, the said Mortgagor hu executed this mortgage under seal on the day and year hecein fint j abo~e written. ~ . Signed, sealed and delivered in the presence oE: ~ \~~~~~N~ ~ - ; . Robert J. Bei l, Jr. ~c. ; ---1iG..S~~...~~L---- - - ~ • { ; Virg' yn . Beitel, his wife ~ STATE OF P VANIA } COUNTY OF . ~ ~ ! Before me rsonall a ROBERT J. BEITEL, JR. aAd VIRGILYN N. ~ Pe Y PPe~ - ~ ; BEITEL, his wife, ~ ~ ego g cr~piC! , ' t~~: ~ to me well know and known to me to be the individuaLg described in and who executed the for ~n ins ht~'~ ~ acknowledged before me thac ~heX. execvted the same or the purposes therein e~cpressd. °``.`;~~`1L~~~Li`i~~~s~._ ~ WITNESS my hand and of[icial seal this~ 1 day of AQTil -------t~~ ~ ~i_~-~-'_.~'~s`,14f'..~i;, ? i / ~~/Y~/Q~ ~ - . jjLED I?ND ~EC ROED _ ~ ~ p ~ u'~~ _,_-~c!~ FI+ r r)C2662j iT.WCiE C4UMTY f~A. Nocary Public in and for ~vJ ROCEF POtTRAS ° •Y . ` ~ . CLE R I ~ C:n G U 1 T C O U ~ T ~he County and State AEorqu 11f mmmission ex ires• I~~T~~~~,'y~..~~ l~•'•;.`• : RECORD V[RIFIEO..~.....~~. Y P • ~~;~~~~,'pg~• : Altentow,-~, ~e + ' V~~ i~1~1 ~fl)~i='` _ ; STATE OF My Comrzis~+on t-'~cy,;. 3~ ~ _ . . t CO NTY OF L~ y . ~ : ~ Before me personally appeared - . - ' and - e well known and } known to me to be the President and Seaetary ~ respectively of ~ - . the oorporation ~ ~ named in the foregoing instrument, and known to me to be the who as such of[icers of said torporation, executed ~ ~ the same; and then and there the said _ and the said ' ~ did acknowladg~e beEore me that said ~ instrument is the Eree act and deed oorporation by them respectively executed as such ot[icers for the purposes there- ~ ~ in expressed; that the seal the o attached is the oorporate seal by them in like capacity at[ixed: all under authority in # chem duly vested by the of Directors of said corporation. ~ ~ ~ WI my hand and oi[icial seal chis day of . 19 i ~ . ~ the Countr and State A[oresaid. My cotnmission expires: RJC+R~~~ :'ALE t7tX7