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HomeMy WebLinkAbout1488 g, That (a) In the event of any b~each ot thi~ mortgage or default on the part ot the :?Iortgagor, or ib? 1n Ne event any o[ said autna ot money herein refe~red to be ni~t promptly an~i fully paid w~thin ten day~ next aiter the s3me severally brcome due and payable, withaut demand or not~ce, ur ~ c 1~n the event each and e~~ery Lhe ut~pulations, agrecments, conJitlona and ~o~•enanW ot s:ud prum~s>oiy n„te and this murtoage, any or either, are not duly, promptly and fully }?ertormed, discharged, executeJ, etfecled, completed, compGed wtith and abided by, then, ~n e~tber o~ any such event, the swid aggregate sum m.•nt:onc~i ~n s.z~d promissory note then mma?rung unpaid, with int~te~t nccrued, and ail ~uoneys se. ured h~•reby, shall becume due and p~~~able torthwith, or there- atter, at the option ot said Mortgagee, as fully and cumpletety as all ot the said sun~s ot money H•ere originally atlpulated to be pai3 on such day, anything ~n said promissorp note, ami or in this ~nortgage to the contrary not- withs?anding; and thereupon or thereafter at the opti~~n ot said ~lortgagee. ~~•ithout notice or demand. suit st law or in equity, theretofore, or thereaiter begun. may be prosecuted as 1t all moneya secuced hereby had matured prior W its institution. T. That in the event that at Lhe beginning ot or at any tlme pending any suit upon this mortgage. or to - foreclose i~ or to retorm it, and/or to enforce payment ot any ciaims hereunder, said titortgagee ahell spply to the court having jurtsdictton thereof tor the appo~ntment ot a Recciver, such court shall forthwith appoint a Receiver of said mortgaged property all and sin~~lar. including alt and aingular the rents, tncome, profits, issuea and revenues [rom whatever source derived, ea~:h and e~•ery of H•hich, it being expressly understood. is hereby mortgaged aa if specificaUy set forth and descr~ted in the Rranting and habendum clauses hereof. and such Receiver shall have all the broad and effecti~•e Nnctions and ;~w~ers in any~••ise entrusted by a court to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab- solute right W sald I?iortgagee. and without reference to the adequacy or inadequacy ot the value of the prop- erty mortgaged or to the solvency or insolvency of said a~ortga~or and !or of the defendanta, and that auch rents. protits. income, issues and re~~enues shall be applied by such Recei~'er according to the lien and/or equity ot aaid Mortgagee and the practice of such court. ~iorr~?~f£t'--no~~ga~iviY= a~oatt mo~o~o~~ ~liF3a14sdt~~~~~ese?~o!- ooara~cs~~C~ ~ ' ~ ~ IN WITNESS WHEREOF, the aald Mortgagor has executed thi~ mortgage under eeal on the day and yesr herein fint aDove wrrittea 3lgned, sealed and dellvered in the presence ot: - y ` ~ ` ~ ~~z~_ ~ ~r ~-Y+~( Theodore E. B. Wood L~G£:t::.."' ~ 1..l..L-! c~""""'•"""""""""""" " f . J ~ ~L, ~ ~,r,tl- t_L~~~r• <~L Suzanne M. Wood 8TATE OF.__~.~-~~~.:!Y1S4~y;J.d Y. COUN1'Y OF....._~!S'_^.f.~. !rr.~J1`~-=----------- THEODORE E. B. WOOD and SUZANNE M._WOOD_~._.___ " Before me csonall s Pe Y PPesred.._..._. hi s wi f e, , to me well kno~vn and kno~~~n to me to he the individuals. described in and who executed the foregoing instru- men~, and acknowledged before me that t--he.3/. executed the same for the purposes therein exPressed• _ _ . , . WITivES3 my hand and afflcisl aeal thia_....`7~~a~---_..~...day oL_._.~ :.r_....___ .............~...:.:,:~l9i a''~. - tlTic~ .s..~_.~::.? ~-l.'f',~.,~.r~..~- 0~3 ~ ~ pen~wuo~~a~n~ua~ ~ - ~ ~ • , ~ Notary Public !n and for ^ ~ ~ . "t' _ ~ _ , - ~ • ARTHUR L TAYLOR u,e Co~,mty ana Scste nrore~iid.' - ; 1~ _ ~ 1t ~ o ti ~ , Notah/ Publk - CaUlo[Nf My commiasion expirea: . , ° ~ ~ ~ ~ 3TATE OF--.--•-•--•-- • ---••CO fJTY OF SAN MATE~ : G` 1977 ~ ; ~ J~ 6:r ?~~`s:^n E~~rc: !kt. 19. ~ . y ~.~v~Y . . " . i i..if.l.r:1~).1Qi3.1'.s0 iir~.' `j ~ r L~ \ .~.~.'llyTM ~ Before me personsUy appeared....-•-•••---•--•-••--••-•--•-••-----•---------._. to me weII known aad and__._.._....--•----•-•••--___ --...Preaident and....___.__.._.._.--•._.._.--•--.........._..._.._......_.__._....-•-._ Secretar~ known to me to be the----.....-•..-•--•._..____.._... respectively ot the corporatloa • • named in the foregoing in~trumen~ end known to me to be the pereons who aa euch oflicers of aaid corporation. ...._...__......_..._......_.._and the sald executed the ~ame; and then and there the said..........•----------•.._--•-•-•._ __......_--------~.-......._._did acknowledge before me that eatd lnsirument t~ the tree act and deed of said corporatlon by them reapectlvely executed as such ofilcere for ths purpoaes iherein expressed: that the seal ihereunto attached is the corporate seal by them !n 111ce capaclty at- {i~ced; a11 under authorlty tn them duly vested by the Board of Directors of said corporation. _...aay ia_._._ ; WI'rNFSB my hand and oftlcisl seal thie---•._......~.._...._ 2g4~.48 Notary Publlc in and for 1llEd ANO RECQR~ED t2~e Co~nty and State Atoresald. ST. ~UCIE COUNrY u, My commlasion eupires: ROCEA rO~TRAS CLERK Ct~ ~U~T COUA1 = R.~rOR~ YER FrEO....~.~~. Ar~t 21 I ii PH'~I ~ aoox226 P,~14~7