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HomeMy WebLinkAbout0434 8. That (s) 1~ the event ot any breach ot thi~ mortgage or default on the part o! the Atortgagor, or Ib1 te the event any of said suma of money herein reterrec! to be not promptly aml fully pa~d witbin ten days next atter Ihe same severally becurne due and payable, w~thuut demanJ or notu•e, or ~cl in the event each and e~•ery Lhe at~pulal~oas, ag~eements, condlt~ons and ro~~enant9 uf said promisao~}• nute and tt~~s inr,rteage, any or eithe~, are not duly, promptly and tully performed, d~schar~;ed, executeJ, etfected, completed, complied Nith and abided by. then. m cither or any such event, the ssi~ aggre~ate swn m~~nt,onr~i in sa~d prom~ssory note then mma~rting unpaid, ~vith intere~t scerued, and all ntoneys se~:+ired h~•reby, shall becun~r due and payable tortMvith, o~ there- atter, at il~e option of said \iortgaKee, as fully and a~mpletcly :is if all of the said sun~s of money H~ere originally stlpulated to be pai~ on such clay, anything in sa~d pronussory note, an~i or in this ruortgage to the contrary not- withstand~ng; and thereupon o~ thereaiter at the opti~~n of said ~lort~;sgee, ~~•ithout nouce or demand. aqit at law or in equity, theretofore. or thereafter begvn, may be prosecuted as it all mon~ys secured hereby had matured prior to its institution. _ T. That in the event Lhat at tt~e Deglnning ot or at any tlme pending any suit upon this mortgage. or to foreclose it, or to reform it, and/or to enforce payment of any claima hereunder, said Mortgagee ahsll spply to the court having jurisdictlon thereot tor the appuintment ot a Receiver, such court shall forthwith sppoint a Receiver of said mortgaged property all and singular, including all nnd aingular the rent~. income. profita, iasue$ and revenues from whatever source derived, ea.•h and e~•ery ot _~ehich, it being expcessiy understood, is hereby mortgaged aa it specifically set forth and descrlGed in the Rr:~nting anJ habendum clauses hereof, and euch Receiver shall have all the broad nnd efiective [unctinns ancl {~u.~•ers in any~vise entruated by a court to a Receiver, and such appointment shall be made by such cuurt as ar? eam;ccea ~uity ana a matter of a~ aolute right to said I?iortgagee, and witho~t reference to the adequacy or inadequacy of the value o! the prop- erty mortgaged or to the solvency or insolvency ot said rlort~aRor andior of the defendants, e.nd that such rents. protfts, ineome, issues and m~•enues shall be a~,plied by such Recei~•er according to the lien and/or equity of said Mortgagee and the practice ot such court. ~ that this mortgage is given to secure, in addition to the note or obligation above descri ' ional loans or future advances made within twenty ~•ears from date hereof by the mort~agee to ~aid mortgagors r in title of said mortgagors of the property hereby conveyed; provideci that the total unpaid balance of the m red hereby at any one time sha31 not exceed the maximum principal amount of . Dollars (S plus interest thereon and any disbursements made by the e ay- mrnt of taxes, levies or insurance on the properly encumbered hereby, with inte IN WITNESS WHEREOF~ the ~aid Mortgegor haa executed thi~ mortgage under seal on the ay and year herein first above written. 9 , ae and e n the resence ot: - , , - ~Z ~ - - , ' Kj ell T. Nilsson .~.....,~t~,~.~:.~.... ~~~c.~~t...R-----~----.... r .~Y7 7 c / G~ ~7 ~ ~u~--- grid Nilsson sTw~ oF.._.....FLC~~A,..._..__--~ - coviv~rx og.._. MARTIIV---------------- setore me personsuy sppearee...._...___. K~T~E LL , T. IVIL~S ON and IlVGRlll NII~SSON~„ his ..~vi.f to me well known and kno~vn to me to the individuai,S. described in and who executed tha toregoing in~tru- ment, and acknowledged before me that~.hep executed the same for the purposes therein expressed. WTl'NESS my hend and otticial aeal thia•--------------_•------.._.day oL......_ _ 6 19..~ _ n~^'~ ~ otary Public in aad tor V..,..,. _ he County and State Atoresatd~.: . = My commiesion expires: ' ' `T ' ~ ~ - . . - CO OF-•-----••......_•-----•---•-•--•-----•-•• - ~ F' , . ~ " c`P f ~ j~~~ - ~ ~ : ~ ~ F,..__.. _ . . Ui.aEfWr~9f~~~:, \ - Before m raonally appeared._-•-----••-•-• ~`1'~~ " ~ . • ___......__:y....:... . I~i ~ I.. ~V:~~i• and ...-•-----------•--.._T......___...__..__.____ to ms wetl lmd~r ei~ known to me W be Lhe--------------•--•-- -._.---••---._Preaideni and.-•-------•---°--_.._.._.._._....-----------------__.._...._._._.-••--•- lSecn~,aty respectively of ~ •-•---.._......__...-•------°----r....._..._....._...._..».-°-_..._._».._......_..., ths corporatlon named in the toregoing instrumenk and known to to be the persons who ae such oiticers ot sald corporstion, execvted the same: and then and there the eaid.----•-•---•--•--- -----------_.-•--------._._._...._----•----..__..--•--.......___._...and the aald ..._dfa acknowledga berore me chac sala fnstrument ts the tree act and deed of safd corporation by them respec executed as such otlicers for Ws purposes therein expressed; that the aeal thereunto attached is the corpora sl by them 1n Wce capacity at- tixed; all under authority in them duly veated by the Board oi Directors of said rstion. WITNFS9 my hand and oftlc[al seal thia .............-------.....day of._._.....__.._......_.-----_.. 19..M ~~443 f lF0 A~C+ L~ ~c ,1~ No PubUc tn and for s~°~~ " ~6 i~~~ ' ihe C~.ountq and State Atore~ald_ ctEa~ t;;~.ust s~u~i REC9~, v~~,r;E~____ ~ ~ ~ ~ A~ P~'~~ . ?'t , bUO~ 216 43~ . - : ~ _ ~ ~ , _ A - ~ ~ _ _ g~