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Home My WebLink About1365 d. That (a) ia the eveat o! any breach ot thl~ mortgage or detault on the part ot the 1?iortgngoe, or lD1 ln ths event any of aaid aums of money hereln rete~red to be rtot p~omptly and tully paid wuhin ter days next after the aame aeve~slly become due and payable, without demand or notice. or tc) in the event each and etiery the atipulations. agreements, conditions u~d rovena~ts of said prom?sso~y note snd this mortgage, any or sither~ p+ are not duly, promptly and iWly per[ormad. d~scha~ged, executed, etlecte.i~ completed. comptfed with and abided ~ py. then. in afthec or any auch event, the said eggregate sum mcntioned in sa~d promissory note then remaiNng unpald, with int~~est acc~ued, and all moneya sec~~red h~reby, shall become due and payable torthwith. or thera ~ atter. at the option of aafd Mortgagee, as fuliy and campletely as it a!1 of the said sums ot money were originslly atipulsted to be paid ot? such day. anything i~ ~aid promissory note, andior tn this mortgage to the contrary not- • withstanding; and thenupon or thereafter at the option ot said Moctgagee~ ~vithout notice or demand. aWt at law or in equlty. Lderetofore, or Wereatter bagun, msy be prosecuted as it sU moneys aecured hereby had matund prior to its InsUtuUon. T. That in the eveat that Rt the beginni~ o[ or at any tlme pending any sult upon this mortgage. or to forecloae i~ or to reform i~ and/or to entorce payment ot any clalms hereunder, as~d Mortgsgee ah~il apply to the rnurt Aavin~ iurisdicUon thenoi for the appointment of s Receiver~ sucA court shaU forthwith appoit~t s Recetver of aaid mortgaged property all snd aingular. including ail and singulas the rents. incoine. prorita„ issues and revenue~ ttom whstever source dtrived, each and every o[ whlch. it being expressly underatood~ L !?ereby mortgaged as it specitically set forth and descriEed in the ge~nting and habendum clawes hereof. and ~uch Receiver ahall hsve W the broad and effective tunction~ and ~wwera in anywise entrusted by a court to ? Aeceiver. and auch sppointment shall be made by such court as an eufmitted equlty and s matter of ab- •olute tight to nsld Mortgagee, and without reterence to the adequacy or inadequacy ot the value oi the prop- erty mortgaged or to tha solvency or insolvency ot eaid Mottgagor sad/or of tha defendants. and that such rants. protits„ income. issues and eevenuu shall be appUed by such Recelver rccording to the UeA aad/or equity o! said biostgsgee aAd Ws pracUoe ot aUcb cour4 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 w~thin twenty years fmm date hereof by the mortgagee to said morigagors or any successor in tiUe oi said mortgagors of the pmperty hereby conveyed; provideci that the total unpaid balance oi 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 ~,ay- ment of taxes, levies or insurance on the properiy encumbered hereby, with interest on such disbursements. II~i W1T'NF3S QVHF~EOF. Ws aaid Mortgagor haa sxecuted this mortgags under seal on the dsy and year Aenin ![M above ~rrit sealed artd tAe presence ot: ~ ~ c~ ~ i~ R H~1RD A. SC ACH . ' s ELEAI~TOR M . SCHAI~iBE1CH ~ STATE OF.__.._..L~ _ ~ ~ y, a~. COUNTY OF---.~•Q ~ ~-1-=•-- . ~ Beiore me personally appeared..RZ.C~I2 QB. to me well known and known to me to be the individuat_.._ de~cribed in and who executed tlre foregoing insUv ment, and acknowledged before me that ....he.... executed the same tor the purpwes therein expres.~ed. WT71~1ES3 my hand and official seal tt~is......~..~? ~_.day oL~,.u..~.._.».........~.r l~ ~u~ , ' `'j~ . No~~ c ~ ~ - . . _l. the,Co tq and 3tste Ato . t~ = = ~ aDmmiseion ex ~ ~ . S T A T E O F ' S. 9 S~ i' I~ d~ ~`~~~4~ l~ ~ ~ covrrr~r og_._......~......_..~_...__~..~.._~ ~ ~ ~ . ~ d'1 ~3 ~ = r; - % ~ i ' ; •`t`~.~• : ~ Before me persoaallY aPPeared---_ ...._.._._._...s~..~~~ y~'• ~ , , ' ~ ~ antL . Lo m~ i~11 ~ih~b1~"~4~t3"~~: i •~t:._.~.-;.- ~ known to me to be the....._. ...........P'resideat aad_.r_._......_.~...............~......._.._.__.. ~ SsCtetar7 ~ ~ re~pectively of .................._.......-•---...._........w....._....._ the oorporaUoa named in the foreYoin~ inetrumea~ and known to me to ba the persoiu wbo se sucb ofticers oi satA corporatioa. , ; e:ecuted the same; anA t6ett aad there the sat~.._.._....._...~.....»_._..__»..._.... .~........_...__._.........._...aad t2?s ~sfd _ ~ ~ s i _ e~a aclnwwledge belore me ttu?t ~aid fnatrument ts the iree act and deed ot said corporation bq them respectively executed as sucb oitlcers for tD~ ` purposee therein expreseed: that the seal tbereunto attached is the oorporste seal by Wam in Wce capaclty a!- fi~ced; a11 under authorlty 1n them duly vqted by the Board oi Directors o! said corporati~. ~ ~ Wl'P2VES8 my Tund and otAciai seai thi~...._.__.___._....._..dsy o!_...».»._....._..._....._.._._._.._..........._.., 19..._._ ' Notary PubHc in ar?d for ~W~...__.~....._____ i RECOROEO ~e ~ty, ~d gu~ Atoresatd. . ST lOC1E COUNjY FIA. ` 0{1RAS t ~ l[y co~on ezplra: ` a~°x c acu~t coua ClE ~Ep:F1ED ItEC~4a ~ ~,1~ 11 Sl ~ ; 2590''l9 ~ R ~ se~K 2~6 PACE I365 ~ ~ ~ ~ ~ t~ Y~~ €~±i~~ ~ ~:.~y', ~4 4 J` -`S .r c~ F T~ ~-~y 11.....'.~n... ~~s r ~ ~ KF a-%~ ~ . . - d~~i+'ca~'x-.s.2°~?~'•~