HomeMy WebLinkAbout1939 d. TAst ln the event of any breach ot thts mostgage or default on the part o! the Afortgagoe, or Ibl ln
the event any ot aaid sums ot money herein retecred co be not prnmptiy and tuliy paid w~thin tea dayi next
siter the sama ~everally become due and psyable. without demand or not,ce, or ~c) in tRe event esch and every
the st~pulationa. agreements. condit~ona and ~wvenants ot s.ud prom~sso~y nute and tnis mortgage. any o~ either,
are not duly. pmmptty and tulty per[ormed. d~schacged. executed, ettecte.i. completed, compGed witb and abided
by, the», in eith~r or sny such event. the asid aggregate sum m.nt~oned u~ sa,d prom?ssory note theu remsiaing
unps~d, with int~~e3t accrued, and aU moneys ~ecured hereby, shall become due and payabie torthwitA, o~ there-
atter, at the opUon ot aaid Mortgagee. es tully and completely as it al! ot the sa~d sunu o[ money were originally
stipulated to be paid on such day, anything in ~a~d promissory note, and%or in thia mortgage to the contrary twt-
withstaading• and thereupon or thereafter at the opLion ot said 1?lortgageG without notice or demRnd. suit at
law or in eqWty. thsretotoco~ or thereattee begun~ may be prosecuted as it all moneys aecured beteby had nutured
prlor to ita ir?sUtution.
T. That 1n the eveat that st the Deginntas ot or at aay ttme pending any aWt upon thls mortgage~ or to
forecloae i~ or to relorm i~ and/or to entoros payment ot any claims hereunder. said Mortgagee shall ~pp1~r
to the court having jurisdiction thereof tor the appointment ot a Rece~ver. such court shall fortbwith appoint
a Receiver ot safd mortgagM pmperty dt and singular, including all and singuler the renta; lncome~ proSts.
lssues and revenuea trom whstever aource derived. each and every of which. it beiag expressly un~ier~tood~ 1~
hereby mortgaged a~ if apecifically set torth and described in the granting and haber~dum clawea hereoi. aad
~uch lteceiver shal! have al! tbe broad and etfecGve tuncti~ns and powers in anywise entrustM Dy a eourt
to s Receiver. and auch appointment ahall be made by auch court a~ an admitted equity aad a matter of ab-
solute tight to aaid Mortgagee, and without reterence to the adequacy or insdequacy ot the value pf tlie prop.
erty mortgaged or to the aolvency or insolvency ot eaid Mortgagor and/or of Lhe detendants, and tLat such
nnta. pmfits. income, i~ues and re~ enues ahail be apptied by such Recelver according to Lhe 11en and/or equity
ot aaid Mortgagee and the pnctlce oi auch court .
3
8. Tt is understoad and agreed that this mortgage is given to secure. in addition to the note or obligation '
above described any additional loans or tuture advances made within twenty years irnm date hereof by the
mortgagee to said mortgagors or any successor ir_ title of said mortgagors of the property hereby conveyed; ;
providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed ~
thg maximum principal amount of _ _ _ _ Dotlars °
ptus interest thereon and any disbursements made by the mortgagee for 1he j,ay- ~
ment of taxes, levies or insurance on the ptoperty encumbered hereby, with interest on such disbursements_
II+T W1Z'NESS VVflERP~OF, the said Hortgagor has executM ttUa raortgage under seal on the da~ and yeu
herein fisst above ~vrittea. ~
8igned, aealed and dellvered in the preaence ot:
` _ '
' ~ _
~
~
~
sTw~ oF. tn, f o~~ - ~
. ~ :
.
cotnv~tR- . ,S~,ask-----------------_ . _
:4~~' .
Homer S. Kingsbury and Neien 8. Kingsbury
`ti
f+~` :~1r~rso~aallY aPPea*e~..__._.._. _ ;
,~..,,~,'S.~Y
~~.:y.......___.._..~.---._ ~
"~xie •v~t •known to me to De Lhe_individusl S described in and aho ezecuted the foregoing inetiv- €
`~~ntr-,~~•d~~W~esi before ma thatt .haY executed the 9ame for the Purposea thenin expres'red. ~
: C :s~ ~j. • , : ~ ~ , , r- ~
= : ~ :~v~~~~ ~a ~a ofn~v ~ cn~.....TZ.._. a.y or. Harch 1~ 73
! ~ : - ~ ~
' ~
; . v. ':,b~.•~ _ -
' ~~l/ Notary PuDlic in and ior i
i 6-,i~ • the Couaty aad State Atoresaid t
~ .
aay comm~a~ton e~cpires: January 27 ~ 19?8 ;
i STATE OF ~ ;
, F
: '
! _ ;
~ COUNTY OF. .
~
t Before me peraonallY aPPeared••--•-------•-------------- _
t -
t and..._..._ . to ~ weri Imowa and
s
~ knowa to me to be the.------....._......_....._..___.__..PreaideaL antl....._ . ....r $ecsetar~
f
: respectively of tbs oorpossUon
k named in the foregoing instrumen~ aad l~own to me to be ths person~ who a~ a~cs ofDcer~ o! raid ~orpontioa.
+ .
. '
~ ' ~
; executed the same; and then aud there tt~e safd_._.._.__._..~...~___..~.~__.__ aad ths ssld ,
`s
' . acirnowledge bsiotv me t2~at said
1n~Uvment is the lree act sad deed ot said corporaUon by them nspecttvely ezecuted as such oiticers for t~
' purpoaea therein expreseed• that the seal thcreunW attsched L the oorporata seal by tbem in like capacity ai-
; fixed: all under authorlty fn them duly vested by the Board of Directon o! sald oarpontieo.
? WITNE88 my hand aad ofIIclal ~eal tb3s...---_. _day aR_ 1~..~._ ~
3 ~E~pROE~ .T.__
x f~'~1~jC~ jpAS~ ~ C~ouncp ~and
3tate wiores~d.
RO~fa P~ t` C011~t
~ ~~a~y xy ooma~ls~ton espin,:
~ C1.E~R tE~
~ aE~~R~vE
x ~
~ ~Z - ~
F ~448
= 2 a~215 F~19~fi
~
;
~ : . ~
~ . . ~ . r
_
n : _ ,u~
.