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HomeMy WebLinkAbout0425 8. That (a) tn the event ol any breach ot thi~ mortgage or default on the part of the Diortga~o~, or Ib? ln the event any o[ said sums ot money hereln ~eferred to be not pro~nptly anJ tully paid within ten days next atter tAe same severaify become due and 'payaDle, withuut demand o~ nut~ce, ur ~c) in the event each and erery the st~pulations, agreements, cond?t~ons and corenants uf s:?id p~om~sao~y n~te and th~s murtgage, any ot either, are nut duly, promptly and fully perlo~~ned, dischar~ed, executed, etfected, c~inpleted, complied with and ab~ded by, then. ~n e,iher or eny such event, the saW aggrepate sum mrntioneJ ~n said p~anissory note then remaining unpa~d, with int~rest accrued, and aU rnoneys secured h.•reby, sh:?11 becume due and payaLle torthwith, or there- atter, at the option of said ~tortga6ec, as fulty and cumptetcly ~s ail of ihe said su?e~s of money w•ere originally st~pulated to be patJ on such day, anything in 9A1t1 Fi[OJl:issory note, an~! or ?n this mortgage to the cont~ary not- withstanding; and thereu~on or thereafter at the opt~un o[ said ~iort~;agee, ~~•ithout notue or demand~ auit at lsw or in eqaity, theretofore, or thereatter begun~ may be prosecuted as it all moneys secured hereby had matuted prior to its institutioa , T. That in the event that at the beginning ot or at any tlme pending any suit upon this mortgage. or to foreclose it, or to ntorm it, and!or to enforce payme~t ot any cts~ms hereunder, said Mortgagee ahal! apply to the court having jurisdiction thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver ot said mortgaged property all and singular. including att anA singular the rents, incort~e~ profita, issues and revenues trom whatever source derived, ea.•h and every of ~~~hich, it being expressly understood. is hereby mortgaged as it specifically set forth and descritcd in the Rranting and habendum clauses hereot. and auch Receivee shall have all the broad and etfective functio~s and jwti:•ers in xnywise entruated by a eourt to a Receiver. and such appointment shall be made by such court as an admitted equity and ~a matter ot ab- eolute tight to said 111origagee, and without reference to the adequacy or inadequacy of the value ot the prop- erty mortgaged or to the solvency or insolvency ot said AtortgaRor andior ot the detendants, and that auch renta. protits, income, issues and re~~enues shall be aj~plied by such Receirer according to the lien and/or equity of eaid Mortgagee and the prsctice ot such court. 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above described any additional loans or future advances made within twenty years from date hereof by th2 mortgagee to ~aid mortgagors or any successor in title ot said mortgagors of the property ,hereby conveyed; provideci that the total unpa~d balance of the indebtedness secured hereby at any one time shall not exceed the maxiinum principal amount of Dollars (S plus interest theceon and any disbursements made by the mortgagee for the pay- mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. II~t WTi'NESS tiVHEREOF, Lhe sald Mortgagor haa execuied this mortgage under seal on the day and year herein first sbove ~vtitten. 8i ed. aealed and dellvercd in the presence ot: ~~-d ~ ~ - C~ ^ ~ . / ` - f _ ~~.ss~~..«. ~ .~.~:.~.x.~ ~~.-----...L~_....~l.t ~ct.r.,.1t!c~_~L...--------- ` ~ ~ FILED AMU REGOROEO ,f ST.lUC1E CO^1NTY FlA_ - ROCE~~ F~~~TRAS CIERK C:;,C:t~~ COllRT Fr~r}a~i~=:'IFIC~1~ . , , .~tll ~ IZ 45 PH'73 - STATE OF-----..•. f._ ~i:~ t L~--...._....._..- ~ ~~~36 . ~ COLTNTY OF.....`'-lGx1. ~.e e' Before me peteonally appeared..._....__~t:~~~~Ii...J....~I1.KK.: _..~nsi. ylx~I,DIZ...•,u..--~u~~,-_...._ his ~Jife to me v~ell kno~vn and kno«~n to me to be the individuat S_ described in and who executed the foregoing inatr~- ment. and acknowledged before me that ~.he.~t executed the same for the purposes therein e~cpressed. ~ ~ 'c~ ` ,`~,,.uiuHy~~ WITNESS my hand and official aeal Uua.._..__.,.t__~.~..___.._..day oL t ~.1~_. ~^~.,L,~. `t]~~~!i,~~ , a ~ ~i ~ ( ~r ~ ~ , u'v - ' ` • ~ ~l<. f~.~~",4~a'L: ' Notary blic in and for • ~,~b : Y=- _ t he C o ty an d S t a t e uo r 2~~ H' = _S . ' • ~ = My commission expirea: : ~ ~ : • ~i ~ _ . . . STATE OF._._..----••-••...._..-••-••---•----••-•••---- ~ ~ ~ , . . :11 ~ j~ 39. . ~e•y~~ ~ . . f ' COUPiTY OF.-•--•..._..._._••-.....----•--•-•......_ ~ a~ ~ r~ s- 7 S~ . I y f~~, . Before me personally appeared ''~~r~~n~~~~~•• and...._.._ to me well imowu and ' known to me to be the......._.._..•-••---------..__..._._Preeident and.....____........._-~---•-._...._-----....__..----_~....----.._._..._... 3ecretat~ respectively of the corporatioa nemed in the toregoing inatrument, and knovvn to me to be the peraoni who as euch oftlcers ot aaid corporation. executed the same; and then and Lhen the eaid.--••--•---••----•--••------•---_........._....__._.._.._..----..__...--•---•--•----~.._~ad the satd ......._._.._..._..~,._._.~..did acknowledge Defore me that safd lnstrument ta the tres sct and deed of said corporation by tAem respectively executed aa auch otttcere tor tbs purposes thetein expressed: ihat the seal thereunto aitached ls the corporate seal by theaa in llke cspaclty af- tiued; sll under authorlty In them duly vested by the Board of Directora oi said corporation. W1TNF'.39 my hand and oiflclal seal this.._._......._.._.__..._day oi._._...._._ 19.._~ ~ .:zs z.r5mtiur~~t:, F>~G~~:.:t~:~ ~Y: :;C 3:: iZ ~ c~, . ~I : y`. H ::~E3CUtiVe tiir1CE' ?_'I'E'S1c~t3ilt ~Notary Public in and for the Countq and 3tate Aforesatd. J e ri S ~*1 3 e~ C h P.Y. My comml8eion expires • 'r'. G. r0:: 7 . „~nser? iseac};, r'l~rir?a 33457 . 84~!(~~ ~f ~ ~ ~ - ' ' ~~~_a~ri , . ~ m - . .K_> . _ .y.~~i ~n ~ . -..a- r~'d'F~ ~ '~w..-,_ u~~