HomeMy WebLinkAbout0921 4. 77ut (a) In th~ ~vent oi any breacU ot thb mortsaas or d~fault on the part ot tAe Mortgagor. or 1b~ ta
t~~ ~vent any of uid sums of money h~ntn reftcred W be not promptly snd tully pald w~thin tea d~y~ aext
aftes th~ wme severally become due and payable, witnout ~emand ar notice, o~ ~c1 in the event each and every
th~ ~Upulations. agreementa, coaditions and ~bvenants ot said Prom~uoiy nute and this murtga~e, any or elther,
an not duly. promptly and tully pertormed, dischsrged, executed, etlectel, completed. eomplied with and abided
by, then. IA flth![ or any such event, the said a~gregate sum m~~nt~o~ed ?n aa~d promisaory note then remunin~ r
unpud, wlth ietereat ~ccrued. and all moneys sec~ired h.•reby, ~hall Dacome due and payable forthwlth, or there-
atta~. at th~ option ot aaid Mortgagee, u tWly and completely as it all ot the said sums ot money w~re originall,p
~tlpW~tad to be paid oe auch day, anythlr?a in said promisaory note, and%or In thls mortgage to the contrary not-
withstandln~; and thereupon or thereatter at the opt~~~n of said I?Iortgagee, without noUce or demand~ ~utt at
Lw or in equlty. th~retofore. oe thereaiter begun, m~y bs prosecuted s~ it al! moneys secuced hereby had matured
prtor W tts i~stitution.
7. Th~t !n th~ event ttwt at the DeQinnit~ dt or at any tlms pending any autt upon thb mortga6e. or to
loreclose i~ or W nform i~ and/or to entorw payment ot sny claUru hereund~r. said Mortgaae~ ~hall apply
to the couct havi~ ~urlsdictton thareot tor tl~e appointm~t ot a Receiver. such couK ahall totthwith appoint
a Recefver oi safd mortgaged property all and singular. includfng all and si~gular the renta, lnrnras, profita,
Lsuea and revenues irom whatever aource derived, ca.:h snd evcry ot which, it being expreaaly undetstood, ia -
~ hereby mortgaged a+ it apecifically set fo~th and descrit.ed in the granting an~ habendum clausee hereof, and
wch Receiver ahall have W the broad and ettective functions and Ewwera in anywise entrusted by a court
to a Receiv~r. and such appointment ~hall be made by ~uch court as an admitted equity and t matter of ab- ~
wlut~ rlabt to said Mortaages. aad wtthout ntereace to the wdequacy or tnadequuy of the value of the prop-
~rty mort~a~ed or to the aolvency or insolvency of uid Mortgagor aed/or ot the detendanb, and that iuch ~ • ~
rents. pro~iti. lncome, issuea and rerenues shall be applied by auch Recelvsr accordin~ to the lien aad/or equity
.~~ur~....
of aald 3[ortsagee and the pruUoe ot such cour~ -
. . . . . . ti' ' " . 'o c
above 'tional loans or future advances made within twenty years E6p~-; , ~ f ~
mortgagee to said mo g r in title of said mo perty hereby c~p ~ wd; _
provided that the total unpai
d b
a lance o ere by a t any one time s ha l l n~ • = ~
the maximum princi a _ . _ _ ~ ~ a' _
( . plus interest thereon and any disburaementa made y _
_ . ' ~
II~ WITNS33 WHEREOF, tl~e uld Mortaa~or haa •xscuted this mort~an under seal on ths day. afic~•~y~u~ l~:•' ~t .
herein first abow wrltten. ~ ~
Slsned. sealed and de vered ln the presence ot: ~
1 C_ " ' ~
~.c~ TRIARD REALTY CORP ;
~ :.~N . a F lOfi ~D c pora n
.
By
re i ent ~
- Att st: i
~ ~
O R i O~- Secretary '
grwTa oF . ~ ;
~
'
COUNZ'Y OF..... ;
- ~
1
Hefon me persoaWY aPPearsd•--..._._.._ ~
, -
I p..~~.------..._....._.p....--••----....._......__.....
I to me well known and known to me to be the individual.... described in and whe executed the fongoing tnetru• ~
i men~ and ~cknowledged beton me that ..._ha_.. executed the s~me for tbe u therein ex res+ed. ~
s ~
"t '
~ WTl'NE33 my hand and offlctal ~eal thit..._....-•-......._._......d~y oL....__ 19._...._ '
~
9
~
Notary PuDlic iA aad for
t l 0~ l 0~ the County and Stats Aforesaid '
~ _ My commtMioa eacplrei: ~
~ STA'1'S OF....... ....r......_.. ^ ~ ~
OOVNTY OF......0_~ ~ ~ ~
. Beton me per~oaWy appeared.. . ` ~ ~,~l------~ ~
r~
and ~a • ~ ~ - " ~ . . to ms weII kaowa aad
/ ~w ~
kl101A/A LO 1li~ LO b~ ~1!"'.....».»..« .................».«pl~ld~IIt itlb...» ~C~4T~
re~pscuvely ot .~$~,~l:~P...~!P~LTY CORP„~,,~ c~ R~ 0~1 _Gcx~~~__. cn. corponuoa
named ta th~ foe~oin~ in~trun~nt, aad kaowa to ine W be t,h~ person~ wlw a~ ~ucb of!lcus of ufa corpontlon. 3
~ e~c.cuc.a cAe ,.me; at,e w.o .ue .t~ ch..tld.._.
~ u..` '~.~._.»a1~ ~ Z V `~-.-._......___....aa ch. wa ~
ra ~ (t i~ ~ ~R,.~ ~r~ ~ .._...me acl~apw?l.as. e.ror. aie ihac .ale
tiutrument b the free act ~ d~sd of wid corporaqoa by t!?~m rasp~ctlv~ ~~ucut~d a~ ~uch oMan !or t]~
- purpow W~rsfa eacprewd: that th~ ~eal tb~renato attach~d 1t tA~ oorporat~ Nal by tLna fa Wu c~p~citr at- t
tlx~d: W~md~r wthorfty tn than duly vwt~d Oy tb~ Board ot Dir~ctor~ oi said oorpor~tlaa.
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R~blit. Sf~te o( Efari~a ~f (~rg8. ~ocar~? eu~ ~ a~ta ror ~ _ . .
Mf ~ioa Expites Aptii 11,1916. Y~ q? •ne ac.a ~or...?a. . _ „ ~ ~
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