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HomeMy WebLinkAbout1663 ~ ~ d. 11ut (a) In th~ event ot ~ny bresch ot ttUs mottg~ge or detauit on the past ot the llortaaaor, or lbl ts the event any ot aaid sums of money hereln ~efe~red to be not promptly and fuUy pud w~U~3a tea day~ nest slter the same severally become due and psyable, without demand or not~ce, or ~c) in tde eveut each aM e~ery the sbpulationa. aBreemeats. condiiiona and covenants ot sa~d psom,sso~y note and this mortgage. any or dther. ue not duly. promptly and fully pertormed. dtscharged. executed, etfecte.l. compieted. complied rritL and ab~ded by. theey iu eithe~ or any auch event, the aai~ aggregate sum m. ntionsd in sa~d prom~ssory aote then rema~~ina unpaid. wtth intereat sccrued. and aU moneys secured h~xby, shaU become due and pt)abb forthwitl~, or there- a[ter, at the option oi aaid Mortgagee, as fully and completely as if all of the said sums oi awney were origiaalU atipulsted to be psid on auch day. anything in aaid promissory notc. ar.d~or la this morlgage to ttre contrasy notr withatanding• and thereupon or thereaftar at the option of sa~d ~Iortgagee. vrithout Aotioe ar dcman~ svtt at lww or ia equlty. Weretofore. or Wereatter begun, may be prosecuted as it all moneys secured Lereby had matured =.ior tp its itlstjtution. ~ 7. That in the avent Lhat at the beginnin~ of or at aay tfine pending aa~ suit upon thls ~eL ar t~ foreclose 1~ or to refornn i~ aad/or to enforos payment ot aay clainu hereundar. said ~[artaaa~ aluII spp~ to ths court hsvina iurisdlcUon thenot for the appointm~nt of a Receiver. auch oourt sball fartbwith appoint a Receiver ot said mortgaged pmperty all and singular. including all and aingular the renta~ inooo~, profit~ issuea and revenues frora whstever source derived. eacD and every oi wtucb. ft bein6 eacpreasty uoderst+ood. b henby mortgaged as it speclficslly aet forth and deacrit.ed in the granting and l~abendum clause~ l~e:~eo~ aad such Receiver ahall hsve all tt?e broad and eftecGve functions and pou•en in anywisr eatrusted b~ a eoart to a Recefver, at~d auch appointment shall be made by auch oourt as an admitted equit~ ana a mattet d aa •olute rtght to aaid Mortgagee. and without reference to the adequacy or inadequa,c~ oi We ~alue d tbs prop- ; erty mort6aged or to the aolvency or inaolvency ot said Mortgagor and/or ot tbe detendanta. atd that such i renta,- profita: iacon'?e: iasu~a and -revenuee shali be appliad by aucA Recairu aocording to tbs Ws aMlor apdt~ ~ ot said Mort~ee aud ti~e ptactice ot sucb oour~. . . i 8. It is understood and agreed that this mortgage is given to secure, in addition to the aote or obligation ~ above described any additional loans or future advances made w~thin twenty years irom date hereof bq th2 ' morigagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed• provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not ezce~i the maximum principal amount of _ . _ . _ Dollazs ~s _ J, plus interest thereon and any disbursements made bv the mortgagee for the E,ay- ment of taxe~; levies or insurance on the pmperty encumbered hereby. with interest on such disbursements II~T WTPNS33 WfiERDOF. the said Mortgagor ha~ esecuted thls mortgag~e under seal oa t6e daY !ad year he - above written. ~ igued. ed de red i the predence of: ~ ; • - y - r J : - ~ - ~ ~ ~ . _ __.,_"i.:. . ti~~i~sl~ i J._:\_) ~.'~.1 S"-~' ~eu-~ 2 STATE OF_......._.r_._.._...... ' ; COUNTY OF......_r._...__..._....___...._....•-- • BEfOlA ID! pQTSO~u~ ap~-- f= ? P i' 1' I'' ~ t11 i;,,*~~,,..s r' ~ n . _ r _ - - ' - : - - ' .._:.~.I.ii~.~i.Z+ ~ • i to me well known and known to me to be the individualS._ dweribed in ~nd Who e~ccwtcd Lbe f~goin~ t~u' ~ ; ment, and aeknowledged befon me that ~-he~'-. eaceeuted the ~am~ for t6e purpoaes thereia nc~ra~xd. i ~ - - - ~ , - - - - - : _ - - •--~5~;~,,fr - ' . airrrrESS my n~a ~a orr~~i.? ~ ct~.------~..~.~..._..a.r ot.~... - 1 E • ' ~'Y• ; E ^ o t~ ~ : ~ ~ tary Pn~ie in and fae' - ` ~ : ~ _ _ : r _ the Cotmty and Ststs Atot+esai~ _ ~ - = ~ - ~ . D ' " - - - My eoma~sioa ~9ires~-- = ~ i : ~ STATE OF_.. (~IOTARY PUB~~C. State d Fbrl~ f t~- My C~niss~ioe fxvi?es Jdy 19~, f~.. COUNTY OF..._....____....._.....__.._--°--..- ~ ~,.~.r ~s ~um or~n wewwiec_ . ,~`i Before me personally sPPeared.-._.._.___.__..__.__.__ aad.___.._.....•_--.._.._ W ms weII lmowa aad lcnown to ms Lo be the.------_.-...--_....-___........_Preafdeat aa . ' ~ respectively of ~ ~°~0° ; ~ petsms : " named in the foregoing instnunwt, and la~own W me to be the wbo a~ aw~h a~Aoets d said oo~p~oratioo. _ ~ ~ executed the same: aad then sad there the ~ai~~__..._....~___ ~ t~ aaN ' ~ ac~n~vledse bdoer me that safd _ - _ _ _ ~ fnatrument Is the iree act and deed of said corporation by thein respect~vel7 exewted as socs ofDoers foe tb~ purpoaea therein expressed: thst the seal thcreunto attached 1i the oorporste seal b7 tb~m fn lU~s cap~dt7 st- ~ tized: all under authority in tliem duly vested by the Board o! Dtrectors o! saW oo~poratim ~ . ~VITNESB my haad aad ostlcial ~eal thia__-._._________._-~sy o[. - : ~ ~ ~ ~ Notar~ Public in and for r~ ~ f LfD ~?N4 ~ECO~ tLs Camh? aad state Aiorar~d s~. wc~~ couHt L Y~ ~ aacEa Pa~~a~~ ~ ~ CLE~K C1KCUIS CON~ ~ ~ afcoP~ •.~v ~~E~ ~ ~Z ?I 4o I?N'~3 ~ ~ - ~ 263513 aQ~c~$ f~=~~ ~ - - ~ ~ ~ ~ ~ ~ ~ ~.a~ ~ ~ _ ~ - - _ - ~ ~