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
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, ' 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~____
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~ ~ ~ A~ P~'~~
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bUO~ 216 43~
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