The URL can be used to link to this page

Home My WebLink About2387 d. Tlut (~I In the event ot any b~each ot thi~ mortgage or detault on the part ot the 1?iortg~Q r, or ~0? 1a the event any ot said sums o[ money hcsein reterred to De nut promptly anJ tully pud wuhin.W? days next atter the same ~everally become due and payable, w~thout demanJ or nutire, or ~c1 in the e~•ent each and e~'ery the ~t~pulations, a8reemeots. conditions and rovenanta o[ alid prom:s~o~y n~te and th~a mur.page, any or either, sre not duly. promptly and tully pertormed, d~scharged, executed, etfected, com~deted, complied w~th and abided by. then. ?n e~ther or any such event. the sa~J aggregate sum m~~nt~one~i in sa:d ~~romiasory note then rcma~n~ng unpa~d, with int<<e3t accrued, and ail ationeys sec~~red h.reby, shall becume due and pa)•able forth«•ith, or the~e- atte~, at the option of sa~d ~to~tgagee, a~ fully an~l cumpletcly as if ail ot the said sun~s oi money Were origlnally atipulsted to be pai3 on such day, anything tn sa~d pra~~~ssory note, an~i or in th~~ mortgage to the contrary not- withstaadiog; and thereu~on or thereatter at the optu~n ot sa~d ~fort~agee, ~rithout not~ce or demeuid. ~uit at 1aw or in equtty. theretofore, or thereatter begun. may be prosecuted as ~t all moneys secured hereby had matured prlor to fta ii?stitution. 7. That 1n the event that at the beginning of or at sny time pending any suit upon thts moctgage, or to ' torecloae it, or W reform it. and/or to enforce payme~t o[ any cla~m9 hereunder. said rtortgagee shall spply ~ to the court having jurisdictlon thereot for the appointment o[ a Rece~ver, such court shall [orthwith appoint ~ a Receiver oi aaid mortgaged property all and singular. including al! and s?ngular the renW, income, prof~ts. ~ lssues end revenues f~om whatever source dcri~•ed, ea~•h and e~•eiy ot ~~•hich, it being expressly understood, ii hereby mortgaged aa it speci[icslly set forth and descrited in the Rrant?ng and habendum clau~ea hereof, and e auch Receiver ahall hsve all the broad and et[ecti~•e tunctin~s anrt ,~+,~•:ers in xny~v~se ent~uated by a court ~ Lo a Receiver. and auch appointment shall be made by ~uch court as an admitted equity and a matter ot aD- solute right to sald Mortgagee, and without ~e[emnce to the adequacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or insolvency of said I?tort~a~or and!or ot the defendanta, and that auch rents. pcotits, income, i~,suea and re~•enues shall be sl~plied by such Recei~•er according to the lien and/or equity ~ ef said Mortgagee and the practice oi such court. 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 within tHenty years from date hereof b~ thz mortgagee to ~a~d mortgagors or any successor in title ot said mortgagors of the property hereby conve~•ed; provided that the total unpa~d balance ot the indebtedness secured hereby at any one t~me shall not exceed the maximum principal amount of Dollars plus interesl thereon and any disbursements made by the mortgagee for the pay- ~ mrnt of taxes, levies or insurance on the property encumbered hereby, w•ith interest on such disbursementc. IN WITNESS NHEREOF, the said 1?tortgagor has executed this mortgage under nea! on the day and year herein first above wrritten. 3laaed. aealed and deUvered in thE presence ot: ,.LL ~ L . S . . G. G ~ M .._~~~r..~----------------•--- s to Eugene G. Gwyer and ?y~ ` I~ances M . t~vyer ~ 7,C~~. ~~fi~ L . S . ~ F NCES M. GWYSR ; ~ ~ ~ . srw~ oF........_Fl~QRiD,~..:_._..---• . ~ coinwr~r oF...~~R.T..IN._.....--•----..... serore me persoa,u~y sppeare~.._..~L~~ C*..__C*WYI4R__and---FRANCI~:Sr M~... GWYER:_......_.__.._._ _ ................__.__..._......hi~..~cif.~._....._-•-----.._..._....._._~__._.___...._....w...._...__._....----.._ : ~ to me well known nnd kno~vn to me to be the individual8. described in and who executed the foregoing in~tru• ~ ~ ment, and acknowledged before me that ~.hejT_ executed the same for the purpose~ therein expressed. WTI'NESS my hand and official aeal thia._...4~.T ~.'_`-'-...._day of.. .._......_Ma~~~....--------••- i9?4 # / •:i.:~ ! . ~ - _ ~ . / . 1 : t1 a~ . - . by~'-, otary Publlc in and for ~'Z ' e County and State Aforesa~d.~ • ~ '=''O-'•.~G ~ My commiasian expirea: ~ ~ ; • ~ ; ~ - ~J ~ L o - $ s 3TATE OF__...._..-•--• - : Q ~ ? Q ~ ~ . s~. • ~ ~ ~ ~ ~ C , ~ ~.~'~~~~s~ . ti.. : _ f z COUNTY OF-------------•----_......_-------.__...._ _ . t• _ ~ ~ ' _ Before me persoaslly sppeared.-•-•-•--••--•-••----•...•--•---••--_._-----------------_._.------------- - - 9' - ~ s `~'~T~~1,R.,M~`~+`~; ~ ~ W me aell knowrresRq ~ ~ ' an~..____...-••••--------•---.._ - - known to me to be tbe_....._._._._._._.__. .Preaident and.......__._..........__._..~ Secrete.r~ . sespectively of the rnrporsUon • • nemed in the forcgoing instrumea~ and known to me to be the pereons ovho aa such ofticers ot aatd corporetion. ; executed the aame; and then end there the salQ.._---.._...-•------•---_•-••-•_----•---......_--•-•• .............._..__..._.._....._..___.aad Lha aaid ~ ~ ..~..dld acknowledge befors me that sald ~ - r _ insWment 1s the free act and deed of said corporation by them respecqvely executed as such ofticere for e urpoaes therein expreseed: that the sesl thereunto attsched U the corporate aeal by them in 11ke cspsclty af- fpxed; all under suthorlty in them duly vested by the Board ot Directors of eaid corporstion. ~ ~ WTI'NESS my hand and otAcial ~eal tt~is••-----•---_~_._..---daY oi--......_.__._._...._._...__.-----._~._______., 19----- ~ ; . • • • the C~o yband 3tatefAtoressid. u°~~OR F1.~• ~ My commisaion e~cpire~: ED s _ NI Sj~ A ~EF,` Jil~l.~a~~~pt ~ Clt''.t. L • ; ; ; ~ a<<:.k;~ 3oex,~a A~~ ~ 2 R 2'78'7~3 gooK225 P~~2381 _ , : 3~ ~ t . _ ~ : ~~~r , ~ ~ , 1._,.~ _ _ ~ ~ u