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Home My WebLink About1409 g. TAat (s) In the evertt ot any breach ot this mortgage or detault on the pa~t ot the riortgRgor, or !bl ln Ne event any ot said aurn~ of money he~etn re[erred W De not promptiy and tully paid wlthin ten days next ; a[ter the same severally Decome due and payable, without demand or not~ce, or ~c) in the event each and e~ery ; _ the st~pulations. agreemenW. conditiona and covenanta ot ssid p~om,sso~y note and thia uio~toage. any or elther, ~ a~e not duly. promptly at~d tully pe~tormed. discha~ged. executeJ. etfecte.i, completed. complied with and abided , by. then, in e~the~ o~ any such event. the said aggregate sum montioned in said promissory note Lhen remaining ! unpaid. with intere3t acc~ued, and all moneys ~ecured t~~reby, ahall becun~e due and payable :orth~vith. or there- ! aiter. at the option ot said Aiortgugce, as tully and completcl~ as it all oE the said sums of moncy v?ere originally } atipulated to be paid on auch day. anything in said promisso~~ note, andlor 1n this n~origage to the contrary not- ~ withstanding• and thereupon or thereatter at the option ot said Dlortgagee. ~rithout nolice or demand, auit at ~ la~v or in equlty. theretotore, or thereaiter begucr. may be prosecuted as ii all moneya secuzed heteby had matured prior to its institutton. ~ 7. That in the event that at the begtnning o! or at any ttme pending any auit upon thta mortgage. or to ; fonNose i~ or to seform it. and/or to enforce payment of any claima hereunder. aaid riortgagee shall ~pply ~ to the court having jurisdiction thereot for the appointment ot a Receiver, such court ahall forthwith appoint ~ a Receiver ot said mortgaged prnperty all and singular. incluuing ell nnd aingular the rent9. income. pmiits. iasuea and revenues i~om whataver source derived, each and e~ ery ot which. it being expressly understood. L heceby mortgaged a+ if specifically set forth and descrited In the grsnting and habendum clauses hereof. and such Receiver shall hsve all the brnad and et(ective functi~ns and po~vers in nnywise entrusted by a court to a Rcceiver~ and auch sppointment shall be made by euch court a~ en admitted equ[ty and a matter ot ab- • soluta rlght to aaid Mortgagee. and without reference to the adequacy or inadequacy of the value of tha prop- erty mortgaged or to the solvency or insolvency oi said rtortgagor and/or of the defendante. and that such n~ts. profits, income, issuw and re~ enues shaU be spplied by such Receiver according to the Uen and/or equity of said Mortgagee aad Lhe practice of such court ' 8. It is understood and agreed that this mortgage is given to secute. in addition to the note or obli~ation above described any additional loans or future advances made within twenty years from date hereoi b~ the ; mortgagee to said mortgagors or any succeswr in title oi said mortgagors oi the property hereby rnnveyed; provided that the total unpaid balancc oi the indebtedness secused heseby at any one time shall not exceed the maximum principal amount oi DoAars (g ~ plus interest thereon and any disbursements made by the mortgagee for the I,ay- , ment oi taxes. levies or insurance on the property encumbeced hereby, with interest on such disburseme~ts. . II~i WITNES3 WHERFAF. the aald Mortgagor has executed this mortgage under seal on the day arid year herejn Rrst above writtea. glgaed. sealed and detivered in the presence o[: . ~ ~ . . ~~'~.-Lj~- X ~4 ~ (SFI1L) ` ~9 ~ . 1 1 - X ( SEAL) ~ As to Edgar D. Lee p ~ Peggy L. Lee ~ t ~ FTATE OF.. F~ ^ ~ ~ _ : ' - MARTL~i p` ~':•~t~.~CdUNZ'Y OF..._.._ . ~ iumu, i ,S".r= f,,~~~~ _ . m rsonallY aPP~are~- EDC11R D. IEB AND PF~GGY L. IEE ~ ~:~{~~ore e pe ; ` ; ' - i~f ~y - ` f ~«-•r ` O l~•- known and known to me to the individual s. dcscribed In and who executed the foregoing tnstsw , C_~ . _ td, iet~ ment~; ~ckt?owledged before me that .-..heY.. executed the same for the purposea therein ezpre~s~d- } 1 ~L ~ > ~ i• . 13 ~ ; ; . ds o 19~~ y ti~-s~; ~~~~iT'NFS3 my tiand and of[icial seal Lhis..~~C~ y ~ ~ ~ rt''' ' ~ ~g '."~~~-i . . g ';f:~= ~ c , ~ ;,i::,.~~'`~~ otary PubHc fR and for ~ ' the County and State Aforesatu: My commillf~irgYjfll~IC ST/!TE O~ F~ OZI'J4 RT l~~E AIY CO~~'.1Ic~:;::'i i ` ~~"J5 STA1T OF__.__.._..........r...._._._...._--° IUEI~EEfiAt Itvf.~.:~:..,.E v~;~_.:,Y;i11tK~ COUN'iR OF_._ ~ Before me personallY aPPeared-------._...___._..__._.. and......__.....__.__ _....r»_»-..----. to ms weII lmown an~f known to ms W be the....---_~......_.........._...Pceaident aa ~~~7 respectively ot tl~b oorporaUoa named in the foregoing instnunent. and known to me to be Lhs persons wbo as auch otlicers of said corporation. , executed the same; and Wen and there thd eai~._..._.._._...~...~._._.._.. ...__....__..._.r...a~nd the sala ._.._~d1d acknowledge before me that satd ws in~trument f~ the iree act aad deed oi satd corporation by them respectlvelq executed ~ auch ofAcers for tha ~ purposea therein expres+ed: thet the aeal thereunto attached !s the corporate eeal by them in like cspaclty at- : tixed: nil under authorlty in them duly vested by the Board o! Directors o! sald corporation. i ..daq of...~... 19_._.._ WITNES3 my hand and oiltciel ieal thie.-......-----. ~i and for Notary? Publlc in K~ P~CO~OE~ ~ the County and 3tste Aforeaaib fILEUC~E ~~UNT`f FIA. ~ My comails~lon explres: ~ S~.l cf r'0 ~R~S , ROG. ~d:T.COUitT _ ClER1C •,c ~F 1-~-^~~ PfC~R" vE 1i 12 4~ QM'~`~ : _ ~8 ~~14i16 ~~3~19`7 : - _ _ ~ ~ . . . . ~ _ . _ ,