HomeMy WebLinkAbout1853 8. That (al tn the event ot any breach ot thi~ mortgage or def3ult on the rzrt ot the Aturtg:~~;or, or ~bi tn ~
the evenl a~iy o[ sa~d sums of monev here?n ~r[erred t~ be out pru~nptly an,l tully paid µ~ithin ten daya next
after the same severally bcrume due anJ payable, «~uh~~ut drmar.~i ur n.,t,~ ur ~c~ the ~~~ent each and e~~ery
the sUpulauons, ngrcemcnts, condit~uns and rorc•nant~ uf s:ud prum.,>~~~ ~ n~,;e and this ~r.n~L~:fbP, any or eith~ r,
are not dui~•, prornptly and iuUy Erc•rf~~rr~~ed, d~sct:ar~;ec~, executt~d, etiectc.l, r~,mF~le~ed, cumpl?~d ~•ith and abidrd
Dy, then, ~n e~ther or any such e~•ent, the sai~ aggre~ate siun m~•nh~~u~,! ~n ~:i;.f E,nnn,:.sury note then rcma:ning
unpa~d, ~+•ith 1nta~cat u~crucd, and aq ~cs~~ne~•s se~ ure.l h~ reby, sli:~il becuu~~ due anJ p.iyable torth«•ith, or there-
atter, at tbe opt~on o[ said \iortga};.•e, as lully an~! c+~~e~p;atcl~• as alt of the sa,il ~un~s ot mon~y k•ere originally
• atipulated to be pa~.i on such ~lay, anything ~n suid pruu.;~;or~• nute, un,i or ?n this uiort~;ug~ to the contrary not-
v~ithst~nding; and Lhereu~,on or thert~after at the opt~~~n of suiJ ~Iurty;agee, ~~~ithout notice or demand~ suit at
law o~ in equity, theretofore, or thereotter begun. may be prosecuteJ i[ a1t munrys secured hereby had mawred
prior to its iastitution.
T. That in the event that at the beginning ot or at any time pending nny suit upon thi~ mo~igage, or to
loreclose it, or to reforrrt it, andlor to enforce payment of any ciaims Aereunder, said Ator[gagee shell apply
to the court having junsdiction thereof tor the appwntment of a Hrce?ti~ec, such court shall forthwith appoint
a Receiver ot said mortgaged property all and s,n~~lar. including all and singulnr the ~ents, income~ profita.
issues and re~•enues trom ~vhat<<•er source deri~•ed, ea.-h an~l e~•~ry uf ~rhich, it being expressly under9tood, ia
hereby mortkag~d a9 if specificaily set forth and d~scnted in tt?e {;r.inting and habend~m clauses hereof, and
auch Receiver shall heve all the broad nnd effect~~•e fun~•tinn.-, ar~~t F.~~~cers in au~ti+~,se entrusted by a court
to a[teceiver, and such appoint~nent shall be made by sunc ~uurt as an admitted equity and a matter of ab-
aotute right to said :~torigagee, snd ~vithout reference to the adeyuacV or inadequaey of the value of the prop-
erty mortgaged or to the solvency or insolvency of said \iort~aRor and `or of the defendant~, and that auch
rent~, profits, income, issues and re~enues shall ba af~pl~ed by such E;eceirer according Lo the lien andJor equity
of ~aid Mortgagee and the practice of such court.
this mortgage is given to secure, in addition to the note or obligation
aba~~e descr~ ' nal luans or future advances made within t~venty years from date hereof b~ the
mortga~ee to ~aid mortgagors • or in title o1 said mortgagors of the propert}• hereby conveyed;
provideci that the total unpa~d balance of the ~n cured hereby at any cne time shall not exceed
the maximum principal amount of Doilars
(S l, plus inierest therer~n and any disbursements made by t e the pa~•-
nu•nt o[ taxes, levies or insurance on the property encumbered ,
IN WITNESS ~VHEREOF, the said Mortgagor has executed this mortgage under seal on the day and year
herein firet above ~rrftten.
3igned, aled and delivered in the presence ot:
.
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• Alyn J. ani
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covv~ oF_._.~1/.[A~Z~IlV-------- ~
~ Before me per~onally appeared.••--•••--~i.~.+~~._s~..._s~_~~~_..~15~••-~. aCi~z.Y._.,~......~~~~_._~115....V,II~£
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to me well kno~~•n and kno~vn to me to betthe individua!_S_ described in end who executed the toregoing iri~tiu-
; ment, and acknowledged before me that ___.he_~ executed the same for the purposes therein expressed.'`~~~y~~~tit~~triij~~~~/
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; «'ITNESS my hand and official 9eSI Uti9.--------Y.-...-•-•-,--°-.d8}~ oL_.... ,~`~~`i.lA:1~~~~??''..
' A 'M ~ ~ z# • ~
; Notary Public in and for - : ~ - t; •:?~.t ~
~ the County and State A.fo d~ : ~ ~ : ~ • : l~
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° 1iy commission expirea: " ~
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; CO OF..•-•........--°-...-••-----•---•••-••••-•-~ r ~•,~i~ a*..ri~~
~f ~~~4:i111~~ .
: Before m rsonally appeared
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~ and.......--•••----•-----.._. to me well known aad
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; known to me to be the..--•---••---.._ ...............Preaident and__....__.__.._..___._.._._._....---...•-----..._._....__...__......._.....__.. Secrstar~
2
~ respectively of . .....••-...-•••----....__....-•-•--------••-------r.....____..._....-•---....----..._.__., the corporaLioa
: named in the Loregoing instrument, and known t to be the peraone who ae auch ofiicera of said corporatlon.
~ eaecuted the same; and then and there the eaid--••---••-°-.-•-- ...................._.._and the aald
.
9 _.......__d1d acknowledge before me that eald
~
- instrument is the free act and d~ed of satd corporation by them respec execoted es such ofilcers for Lhe
purposea thernin expressed: that the aea! thereunto attached Is the corpo seal by them in like capacity af-
tixed; all under suthority in them duly vested by the Board of Directors ot said ration
` WITNESS my hand and otflcisl aeal thie----_-••--•-------•--•...day o1••----°-.._ 19_.~__
:
; ~;V,~~tO Notary Public fn and for
f 1lE f LA• ~ ~ the County and State Atoreeeid.
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