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d, That ta! lo th~ ~vent ot any breach ot this mort~a~e or defsult on the part of tha 1?tort~uu~or. or Ib) tn
the avent any ot said sums of money herela reterred to bs not promptly and IuUy pald within ten daya next
~~e~ the same severally become due aad p~yable. without dema?d or notlce. or ~c) in the evant eacd and evary
the aUpulstioas. s8rcemeats. coadttions aad ~~ovens~ts oi aaid promissory note and this mortgage. any or efther,
are aot duly~ pmmptly wd fully pertormed. dfacharged. executed. eftectai. completed. campUed wiW snd abided
by, the0. mthee or any sucd event~ tha sa:~ agaregate sum mentioned in said promisaory note U?en remaiNng
unpaid. witb inttlrest acerued. and all money~ aecured henby. ahall become due and paysble torthwitl~, or thera
atter. st the option of aaid Mortgagee. as IWIy and completely as if all ot the said sums of money were ortginaW?
atipulsted to be paid on auch day. anything in a8id promiasory note. md/or in this mortgage to th~ eontrary not
withatanding; and thereupon or theresitsr at the opti~ o~cd~Mo~ uSa ~e.~o~tt~~ ~o~ beseby had
a~aWred
Lw or tn eqWty. thareWfors, or Wereatter begun, may P
pdor to lts institutlor.
7, Tt~st in the eveat that at ths beBinnta8 oi or at a?y time pending any auit upon thi~ mortta~s. or W
forecloss i~ or to retorra and/or to entorw payment et sqY cla~ms henunder, said Mo~ ~hall apply
to ths court hav[n~ i~sisdi~u°n Wereoi for We appolaunent of a Receiver. auch court W~aU orthwith sPPoint
a Recefver oi said mortgaged proPertY ~11 and si~?Sula*• lncluding aU snd singuler the rent0. luoom0. Protiv.
and rovenues trom whstever source derived. esch and every ot which. it being expre~sly undersGood~ i~
hereby mortgsgcd aa 1f speclfically set forth and deacrit,ed in the granting and 1~abendutn clausss t?ereof. aad
~uch Itecelver ahall have all We broad a~?d etfective Nnctions and powera in anywise entrusted by a court
Lo s Recelv~r. aad such sPPointment shall be made by such court as an sdmitted MultY aad a matter of sb-
~ptt~te dgift to aafd Mort~agee. and wtthout nierence to the adequacy or inadaquacy oi the valus o1 tM prop-
arty mortga8ed or to the solveacy or iasolvency ot said Mortgagor and/or oi the detanda?t0. aad that ~uch
renti. Protits. 1nco~~e.~~as~rac
ce of sueh oour~.~ ba appUed by auch Recetver accordinS to tt~e Uen and?or equity
or ..ia f[ores.gee
above descr~ '"onal losns or future advances made within twenty years from date hereoi by the
mortgagee to ~aid mortgago . r in titie oi aaid mortgagors oi the property hereby conveyed;
provided that the total unpaid balance o ess secured hereby at any one time shall not exceed
the ma~cimum principal amount oi Dollars
__---..._.....----.--_.J. Plus interest thereon and any disbw~sements ma rt agee tor the ~,ay-
ment of tax levies or insurance on the ro encumbered hereby. with interest on su ents.
IId W1TN~88 ~F, tha sald Hortg~gor nat executed this mort~age undar seal oa tDs de,y and year
Acre~n rirst abov~ writt~.
sealed and delivered tn the preaenoe of: ~ .
-u/~C~ inl
_ ~ Walter M. Champi , Jr
~ ~'Y---....._ ~ ~ c~ ~ 1
. C C,C~. C
~
Ann M. Champion
R~DA
. ~ _ ~
: •o~ -
. 'r . - . WALTER M. CHAMPIQN, JR.~d~_.,W.._
_ .:'~~1-l,L~~~,y~,~r~+~ .
= ' e ; ; CHAMPION~ his wife
. .
, t':~i~ ~ to me to be the ~
vidual S. descdbed in aad who ex+ecnted the foregoiaB inshv-
n me that .t.he. executed the same Lor the purposes thsreia ezP~~
; ...~&~a~~. c~,. ~.y a.r o~..___.....~ril 19 74
' . . . , ~ my ha~aa sna offlcw seal
~
(
~ Notary Pnblic ia tor
the Cotmty and 8 Ato d.
a~~ ro~,~oA ~m~=~3~
~
Cp OF..__...._._
Before ~~Y aPPu~------_._...._.__.».__.._._._....._»~.--.
. to me we11 1mm~va aad
and......_---•-•-........... »
known to me to be the.--..----- .._...........Presldent Iuid..........--...------------- 8ecretar!
, tlie oorporauo~
respectively oi
named in the loregoing instrwnent, and Imowa rae to be We perioni who a~ such olIIces~ a! said oorpontioa.
_..__......_......._...aaa ~...~a
eaecuted the same: aad then and there the ~ai~__.._......
aclcaowledae bator~ me that saia
......_.__.._......_...__._..._.......r...-..-----
ration by them valy e~cecuted a~ such otdosrs tor t1~
inatrument ts the iree act and deed ot said corpo them ta lilce capacitY a!-
purposes Werein exPressed' thst the seal tbenunto attached is ths oo te ~eal bp
tised: all undar authosltq fa them dulY vated by the Board oi Dlrectors oi oorpontion.
~ 19»_-.-
~y~1~NEg8 ypy hitW aiLd dal aaal t1?1s-------------------"'_dsy O!-...-.-------
fA.tO AND ftECORQE~
aT.lUC1E COUMTY r Notary Public in and for .
ROCE~ ?dttltAS the Caunt7 and stats Atorssatd.
C~ERK C;~~~~~ COURT ~ ' ~
RECORD yER~F1E41~~
I~r fi I ~2 PN'~~
~
~ e~
600K ~ i PACE J~
- ~ ~fi .
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