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HomeMy WebLinkAbout1616 6. T~at (a) ta the event of any brescl~ ot thla mortgage or detauit on the part ot the 1?iortgagor, or lbl tn the event any oI aaid sums ot money herein referred w be not prnmptly and fully paid within tee daya aext aiter ttee aame aeverally becoma due and payable, without demand or notice, or tc) in the eve~t eacp and every the sUpulationa. agteemeats. conditiona and covenanta oi a3~d promissoiy note and thi~ mn~t~age, any or either~ •ra tiot duly. promptiy and tully per[ormed. d~~charged, executed, ettecte.i, completed. complied with and abided Ay. then. in either or ~ny such event. the said aggregate sum m.ntione:i in sa~d prom~ssory note then rema?ning unpa~d, with intere3t acerued~ and aU moneya sec~~red h~•reby~ shaii become due and payable forthwith. or there- 1 siter, at ths option ot said Mortgagee, ss fully and compleicly as it all ot the sa~d sunis of money were originslly ~ atipWated to be pai~ on such day, anything in said pronussory note, and - or ln thia morEgage to the contrary not- ~ withstanding; and ther+eupon or thereaiter at the optiun ot said 1?fortgagee, ~ti~ithout notice or demand, sult st law or in equity. theretofore. or Wena[ter begun. may be prosecuted as it all moneys aecured hereby had m~tured # prtor to its instttutioa • 3 7. T1~st in the event thst at the beginnina of or at any time pending any autt upon thls mortgags, or to ~ toreclase i~ or W relorm it, and/or to enforce psyment oi any claims hereundcr, aaid Mortgagee shaA apply to We court having jurisdictlon thereoi for the appointment oi a Receiver. auch court ahall forthwitA appoint a P.~iver ot said raortgagM property all and aingular. lncluding all and aingular the rent~, tneome, proBU„ ~ iasues and revenues irom whatever source derived, each and every ot which. it being expresaly tu?deratood. fi { hereby mortgaged ae if apecifice?tly set to~th and descrih,ed in the gr:u~ting and haDendum clauaes hereoi. and auch Recefver aball tu~ve all the broad and etfective tunctions and Ex,.~•ers in anywise entrusted by a court to a Rsceivar. snd auch appointment ahal! be made by auch court as an admitted equtty and s matter ot ab- i soIuta right to aald Mortgage~ and without reference to the adequacy or inadequacy of the valus of the prop- 1 esty mortgsged or to the aolveacy or insolvcncy of said Mortgagor and/or of the defendants. and that such reats. pro5ts„ income. isaues and re~ enuea ahall be applied by sach Receiver according Lo t2~e lien aad/or equity o? said ][ortgagee aad the pra~ctice of auch court~ - ' that this mortgage is given to secure, in addition to. the note or _obligatior1 above descri al loans or iuture advances made witfiin twenty years from date hereoi by the mortgagee to ~aid mortgagors r in title of said mortgagors of the property hereby conveyed- provideci that the total unpaid balance oi the in ured hereby at any one time shall not exceed the maximum principal amount oi _ . . _ Dollars _ (S _ plus interest lhereon and any disbursements made by t e e ay- ment of taxes, levies or insurance on thE property encumbered hereby, wit II~i W11'NF.S3 WHEREOF, the said Mortgagor has executed thL+ mortgage under seal at the daq and y~ar hereia firat above wrttte~L 3ianed. sealed and delivered in tAe preaence of: ___~~~~~.....~y~~....». ~ _ - ene aa ; ~L:~~..~ w.~~Y~..._.._.....~_ : Betty , a.its srw~ oF_.._FT.nR.Ti1g~........._...~ covrrrY og..__.M..~MART~1..__._.. : Betore me persamally appeare+~...__ .~zEI~IE.. ~AIT~S._~..~ETTY ~ 't~l~ , ' `f s. - ~ . ~~d!l~~~~iy:~.~~; y to me well known and known to me to be the individual~. described ia aad who executed the foreg~Ili~l~t:Yi v•:YL ment, and acknowledged before me that t.h~SJT. executed the same tor the pu therein expnssedc.~ t.~~ • = - ~ ' n = . _ . _ WITNESS mq haud and offlciat aeat thia_...••-•-- ~..~.day oL_._.. . _ ' - ; o ; ' - - . - . ~ _ - t - ~ . Q : ~ r~«.~r..~~~ . ' : - . 0 f~ ~ Notary bSc !n sad for ; :s ~S-~p1~- the Coun aad Stste Aforeaald. ~ ; ~ ; ; ~ ; _l1tt~,ti My commiasioa expires: NOTAR~' FUB! ~G "STAtE of RORtOA ~ ~1 CO OF---._.._......_..___.__........_.~.._ M11 .C3MNi5;!Ot1 EI?iR,iS lUt1 ~ 1l11 e~ . \ Beforo rsonallY aPPeared aad_...___._..-• . _ to ms well Imown aad k~orwn to me to be th~..........___.. _....._...---.Preefdeat and...._._......_._.......~._._...._.---...._.....__._._......_._..._r.. Secretaq respectively of the oorporaUon ~ named in the toregoing instrument, ead kno~vn e to be the pereona who as suc6 ofIIcen ot said corpontion. ezecvied the asme; and tben and there the said.---.._...._.... ................_.__..._......_._..---aad ths said .......did uhnowledge bsfors me that sald --InstrumerK-ta-the-iree aN an~daed-ot said corporation by them reapec ea[ecuted as auch oMcers for th~ ' Durpo~es therein expressed: that the eeal thereunto attached is ths corpo ~eal by them in Uke capacity ai- tized; aD undar authorlty in them duly vested by the Board o! Directors ot aaid nUon. WITNP:88 my hand aad oftlcfal ~eal t,hie--••--°-_ ___._daq ot_.._...__.._.._..__._._ 16~ : F~~F~ ~ECOEIOED Notary Publfc fn and tor St. IUC: - ~ 7UNtY f V'• tbs Couaty aad State Aforesstd_ R4 ~i ^ ;011itAS U1T COURT~` ClE°•"~ =1E0~~' pF~OR $EP 11 g 25 26348~ ~ . ~ _ - _ _ - ~ _ - - ~ y ~