HomeMy WebLinkAbout0973 A. T!?at (a) In th~ event o1 any breach ot this mort~vge or detsult on the part ot the ]?tortg r, or !b1 in
the event any ot said sums ot money hereln ceterred tp ba not pmmptly and tully paid within~ daya n~act
after the aame aeverally become due and payabte, withoat dcmand or notice, or ~c) in the event each uid every
the atiputations, e$teemeate. conditions and rovenanta o1 asid prom~ssory note and this morigage. any or elthet,
ara not duly, promptly and tully pertormed, d~scharged, ~xecuted, et[ectel, completed. complied with snd sbided
by, then~ in e~the~ or u?y auch event~ the eaid aggregat~ aum menl~oned in sa,d pmmissory note then rema~ning
unpaid, with lnt~rest acerued, and all mor?eys 9ec~u•ed hereby, shall become due and payable forthwit!?, or thete-
stter, at the option ot atiid Mortgagee. es [ully and comptetely as if all of the sald suma of money wero originaily
stipulated to be paid on auch day, anything in aaid pcomissory note, end;or in thia mortgage to the contruy not-
withatanding; and thereupon or thereafter at the option ot said. rlortgagee. ~~ithout nouce or dem~nd. suit at
law or in equity. theretofore, or thereatter 4egun. may bs prosecuted as it a!! moneys secured hereby had m~tuted
prtor to !ts insUtution
7. That in ths event thst at tha Degtnning ot or st any tlme pending any auit upon thls mortgage. or to
foreciose i~ or to setorm 1t~ and/or to enfores payment ot any claime hereunder. aald Mortgagee ahalt apply
to the court having juriadicLion thereof for the appointment ot a Receiver. auch court ahalt torthwiW sppolnt
a Receiver oi said mortgaged property all and aingular. Including all and singulsr the nnta, lncome, protfU.
faeues and revenuea [mm whatever source deHved, each and every of which, it being expnssly understood. 1s
hereby mortgaged as il speci[icslly aet torth t~nd descr+t,ed in the granting and habendum clauaes hereof. and
such Recelver shsll hsve all the broad and ef[ective tuncti~ns and po~ver~-.bn anywise entrusted by a court
to a Receiver. and auch appointment ahall be made by auch court as sn admitted equltq aud a mattes of ab-
solute rlght to aald Mortgagee, and wtthout reference to the adequacy or inadequacy ot the value of the prop-
erty mortgaged or to the aolvency or Inaolvency ot said Mortgagor andlor of the defendants. and thst such
renis. prnita, income, iasues and revenues ahall be spplied by auch Recelver according to the 11an a,nd/or equity
oi aaid Mortgagee aad the pract[oe ot such cour~
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 the
mortgagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed;
providecl lhat the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount of _ _ • . _ _ _ Dollars
(s plus interest thereon and any disbursements made by the mortgagee for the pay-
ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IId WT~NES3 WHEREOF~ tt?e satd Mortg~gor has executed thfs mortgage under seal on t2~e day and year ~
henin tirst above weittea. +
3lgncd, aeaied and dellvered in the preaence of:
, - ~ }
; V~RN W. QUANDT , ;
, .
~~:~.:.:.:...»~.~.iJ A~ _
s to Lavern W. Quandt and . f
Lois J. Quandt (SEAL) `
LOSJ.
3
i
sTS~ oF__.....
FIARI DA - ~
CvUNTY oF..!!)l,ic~T.n/__~.~.~ N ~ ~
eerors me personully •ppearaa.._...YI,AVSRN W.~UANDT and LOIS J._..QUANDT
his wife
.._..__.._......_..w_..._..._..~_
to me vrell known and known to me to t~e the individuaLS.. d~scribed in aad who executed the lon~ittg,tn~!
ment, snd acknowledged before me that :~.he~. executed the same for Lhe purpo~es therein expse~ei~i.~'~'~;:;~• ,
. -`-~,~•.yc;+:'• .
~ , j ; l~i'; .
WTrNES3 my hand and offlctal seal this....~C.~ _._...day of..~..~...~
i? -.-...-...s ~ 1~~. _
~ `f " _
- ~ ~ i .
otary PubHc in and tor '
• ii ~ r ' ~
~ the County and 8tate Afolesaid: :
i My commission e~cpires: - . :
BTATE OF..• , ~ _ ~ _ '
~ sa. NOiARY y.` zt U~,•
' ~ MY q:3'<~- - ~ - : PT. l; _
r COUNTY OF -
ep~~d ihru uao. .:.s~r. linOe~xt{ter~ 1~CY
~ Beiore me peraoaaily sppeare~._..__....._..._
° to ms well lmmivn aad
~ ~
~ known to ms W be the .............•----_._.._.._...._.Prestdeat ~ad....._............._.~._.._.........._.........__..__..............~...__.. Secrstar~
~ ;
~
~
: reapectively of th~ Corpon?Uoa ;
` named 1n the foregoing inatrumenk aad known to me to be ths person~ who a~ such olncers o! said corpontioa.
f
. '
E q(lCl1LEd ihE s~IC1E; and then and there the ~aid_._.--•-•------..... _aad ths ssid '
~ ._._d!d sclcnowledge bsiors me that said
; inatrument Is the tree ut and deed of saiQ corporatlon by them nspecUvelp executed as such ofticers for fb~
E Purposes therein eapressed: that the seal thereunto attached Is Lhe oorporate seal by them fn like capacitY ai- :
fi~ced; all under authorlty in them duly veated by the Boud ot Dlreeton oi said corporation. i
:
; '
; WITNF.SB my Aand md ofAcial seai tt~is
............._____.....dey oL.........._.._......_..........._...._~............r., 10.....~
,
'
Notary Public in and for
- the Couaty end Stats Aforessid.
; 0 ti My oommlwloa espina:
. aNO QE~jY F`~ `
- I` 1~J ~V:SI.AS ~
, ?t couR~~
- C`Rf
vi ~hv EO
:~.o ~ s~ ~ ~3 o a
_ ~3 ~ .~0~2~6 ~ 973
~ 5~~792
,
.
_ _ r_. .r