HomeMy WebLinkAbout0162 d, TAa~ (s) Ia th~ event o! any b[eacl~ ot thta mortgoge or default on the part ot the l~fortgrgor, or lbl ta
ths event ai'~y o[ said sums of money herelA re[erred to be not promptly and tully peud wlthin teA daya aoxt
aiter the same severally become due and p~yable, without demand or not?ce, or fc) in the ave~t cach and every
the atipulations. ag~eements, conditions and covenanb of said promisso~y note and this mortgage, any or either,
are not duly. promptly and tully pertormed. discha~ged. executed, eftecte.i, completed. complied with and abided
by. then, ii? elther or any auch event~ the aaid aggregate aum m~ ntioned in said promissory note Lhen remaiNng
unpaid. with interest scerued. and all moaeya ~ec~ired hereby. ahall become due and payable torthwitl4 or thero-
atter. at the option ot asid Mortgagee. ae fully and completely aa it all ot the ss~d suma of money were ortgin~lly
stipulated to be paid on such day, anything ia said promissory note, and!or in thia mortgage to the contrasy not-
withstanding: and thereupon or thereafter at the option of said Mortgagee. ~ tthout notice or demand, sult at
law or ia eqWty. thareWfors. or therea[ter begun. may be pmsecuted as it all moneys secured henby had maWred
prlor to its insticuuoa
7. That in ths e~ent that st the be6innii?a ot or at any tlme pending any auit upon thls raortgags~ or to
lonclose !f, or W reform i~ and/or Lo eatoros payment ot any claims hereunder. said Mortgsges ~hall aPP1Y
to the court Bavin~ iuriedictlon thereof for the appoiAtment ot s Receiver, auch court aha11 forthwlth appoiat
a Receiver ot said mortgaged property all and singular. including all and singular the rent0. Income, proiita.
i~sues and revenuea iroui whatever source derived, each and every of which. it being expressly underatood. b
hereby mortgaged as if apecffically set forth and descriEed in the gr.u?ting and habendum clausea hereoi. uW
such Receiver ahall havs all the broad and etfective Nnetions and po~~era in anywise entcusted by a court
to a Receiver, eu?d such appointment ahall be made by auch coutt as an admitted equity and a mat!er ot ab-
aolute right to aaid Mottgsgee. and wttt?out reference to the sdequacy or inadequacy of the value ot ths pmp-
arty mortgaged or to the solvency or insolvency of said Mortgagor u?d/or of the defendanta. and thst ~uch
Pronts. income. isaues and re~enues ahall be applied by such Recelver according Lo tbe lien aad/or eqnlt~
pi aaid ~[prtgagee aad the pnctlce ot auch courf~
• that this mortgage is given to secure, in addition to the note or obligation
above descri loans or tuture advances made within twenty years irom date hereof by the
mortgagee to said mortgagors o ' title of said mortgagors of the property hereby rnnveyed;
provideri that the tolal unpaid balance of the in e hereby at any one t~me shall not exceed
.
the maximum principal amount of . . _ . . . . _ . . . . _ Dollars
_ _ _ _ _ _ . .J. plus interest thereon and any disbursements made by the mo ga . -
ment of taxes, levies or insurance on the pmperty encumbered hereby, •
II~i W1TNEgg WHLR~OF. the sald Mortgagor ha~ executed tWs mortgage under seal on the dsy and yeae'
henin first above ~ttea.
Signedy sealed and dellvered in~ preaence ot:
/ , ` l1 ~ Q i~ ` ~ ,
A. Ba1n~C1~
~
~
ga • ' ~ ' -
s~rw~ oF..~?Q~A......-
COUN'I'Y OF...»
M~R-~--u` ~ ~
Before me peraonallY sPPea~--._.._ Q~~--.e~...~.~~u~++,., .
__..~..~K],~~.-._ n ~y;,~~ ~~~~i:,. .
to ma well lcnown and known W me to betthe~dividual_.~.5_ described in end who '
I ment~ and acknowledged before me Lhst ._-h esecuted the same for tLe purposes _ ct Q J; o=~
VVIT~iES3 my hand and official seal this......~~ .-__...day oL.~...........~~~a~~_ _
r
~ Y ~ ~ ~ =
~ .1~ ~ 4:
. .
No Public in aad tor ~s,i~~ s~ •S
~~?~Ra~
the unty aad State Atorwid. %!`!?tl:;4;t:'~'~~
My commiasion e~cpires: :::~AIDA et IARGE
~ ~
PiOiAR'1 Pt1"'-:!;. - -
~ MY COt~',St~l~'~ I~' ' SEPT. 1. 1975
~ 1~' Bonded Thro G~n. {~3ur. UnCerwrltl~f. Inu
. '
Before me ~Y ~?PPeaTed-----_..------••_-------------------- , `
LO me Wl11 lalOwn aad }
known Lo me W be the ._.......Presldent aad.........---------- 33ecretar7 i
the corpontion
reapectively ot ,
named in the forcgoing instnimeat, and known W be the person~ w1a a~ such oincen o! said corporation.
__._..._...__.~...._.....aae ths sala
e:ecuted the same; aad Wen aad there the satd...__.__...._...__
aclcnowledgs bstors me tbat ~ald
instrument is the iree act and deed of aald corporation bq them respectl fO!
Purposes therein eapreseed' thst the seal thereanto attacLed fs ths corporate by tham ta Wce capacity at-
fi~ced: all undar authodty tn t2~em duly vated by tLe Board oi Dinctors o! aatd oo tloo.
. ..dsy o1....... 1~..._._
q/1TNEgg my haad and oi!lcial ~eal tl~ia.--.__....
tllED AND RECOROE~ No~r publlc in and for
ST.lt1C1E COUNtY fU, ~~nt~ and state Aforesaia
ROCc'P POITRAS
CLERK Ci~CU1T COWtT
RFCORa VE~~r~ED~..~~.~
M~r 3 1~ 3? Ai~'~a
~ 2812~~#
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