HomeMy WebLinkAbout2189 g. Tlut (al In the event ot any breACh ot thia mortgage or detault on the part ot the rlortgagor, or lb? la
ths r~ent an) ot aaid surn~ ot money herei~ re[e~red to be ~ot promptly anJ tulty pud within ten days next
atter the same severally become due and payable, wntAuut demand or not?ce, or ~c) in the event each and e~ery
the stipulations. ag~ments, condYtions and ro~•ena~ta ot sa~d p~omas~u~y note and thi~ n?urtea,~e, any or elther.
are not duly. promptiy and [ully perto~med, dischar~ed, executed, ettected, cumpleted, comptied with and abided -
by. then. :n e~ther or any such event. the seuJ aggregate sum m.•nt~uned ~n sa~d prom~ssory note then remaining ;
unpaid, with intere~t arcrued, a~d all n?oneys se.:u~~ed tu•ceby, shall becume due and pa~•able [orthwith, or there-
sfler, at the option ot said \to~tgagne. as [ully a~~d cu~npletcly as all ot the said ~ums ot money wero originally
aUpulated to be pai~ on such day, anything in st?~d prau~ssory note, and o~ in thi~ niortgage to the contrary not- :
withstanding: and thereupon or lhereafter at the opthm o[ sa~d rlortgagee, ~~•ithout nouca or demand. sult at ;
law or in equtty. theretofore, or therestter Degun. may be prosecuted as it all monryy secured hereby had matund ,
~ prior W its instiwtion ~
T. That in t~?e eveat that at the Deginning of or at any time pending any auit upon this mortgage, or to ~
foreclose it, or to reiorm it, and/or to entorce payment ot any clalms hereunder, ~aid rtortgagee ahall spply i
to the cou~t naving jurisdiction thereot tor the appuin[ment ot a Rcr:eiver. auch court shall torthwith appoint ;
a Receiver ot said mortga~ed property all aad singular, including all and aingular the rents, incorae, prof?ts. 1
issuw and revenues from whatever aource derived, ea. h and every ot which, it being expresely underatood. is :
hereby mortgaged aa it specitically set torth and descr~F,ed in the Rr.?nting and habendum clauses hereol. and ;
such Receiver ahull heve sll the broad and et[ective tunctions and pu~~•ers in anyv?ise entntsted by a court
to ~ Receiver, end such sppointa~ent shall De made by such court as an admitted equity and a mstter of sb-
solute right to suid 1?iortgagee. ai?d without nterence to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insalvency of aaid 1?tort~agor and ior of the defendanta. and thst such
rent~~ profits. income, issues and re~enues shap be a~>plied by such Recei~er sccotdiag to the lien and/or equity
~ of said Mortgagee and the practice of such courG
8. lt is anderstood and agreed that this mortgage is given to secure, in addilion to the note or obligation
above described any additional loans or future advances made within twenty years trom date hereof by the
mortgagee to said mortgagors or any successor in title of said murtgagors of the property hereby conveyed;
providecl that the total unpaid balance oi the i~debtedness secured hereby at any one t~me shall not exceed
the maximum principal amounL of Dollars
~s plus interest thereon and any disbursements made by the mortgagee for the pay-
mr~t of taxes, levies or insurance on the property encumbered hereby, wilh interest on such disbursements.
II~T WITNES$ VVHEREOF. the sald Mortgagor hsa exccuted this mortgage under sesl on the day and year
herein lirst ~Dove Mrritten.
gigned. ~sted and vs_ced in the presence ot: f
y'f/~U. ~ ~ f ' _ _ - r ~L ~t; ~ , `"h~~l ~
-+`~y'`"`"""~~ ...........G:.c i~~~ . ~
' ~~...~_/_!.C.~L.~lj2:f~.~..._.. f1LEQ ty~' ~~COROED ~
-L= .
ST. Li~~tE ~GUNTY fU. ~
FiOGE~ %:?TRAS
CtEEK .~'.1tT COURt
Rc~~a, V~ ~ ~~IEO
Ju~ 15 12 36 PH'1~ -
srw~ oF.---
r LoR I ~
COLJIQTY OF...~Gt ~ I~r~7V~~6 ~
Gr~RY L . DI'~:.I:E :
Befon me personally aPPeareb-....._.~....._..__....._._._..._...._~........_w._.__....._._
...__._._.__._._._._.._......_..-----..M..._._.__.._.----
to me •~ell known and kno~m to me to be the individusl.__. described in and who executed the foregoing lnstru-
ment, and acknowledged before me that ._.he.___ executed Li ~same for the purposes therein expressed-
I WITNESS my hand and offlcial aeal thi~------•• ~--~-------~Y ot_.~r ~ .....-._~~~,':.`»`a~.~~~~~
, ~ . s'~•
/ 4-...~ c:. • 6'~
No blic in aad for 7 . Y;
the Co ty end Stste A
f
o
i~
e
9
a i d. N ~
. Q'C~ 7 -
1iy commi~~A~~~LIC.SStat Qf ~ r t• _
~ 3TATE OF._..--• My Comm:ss~cn ~ , /~r~
c'
soooee aY nuro ow . ~
COUNTY . : ~ ~
~ ~
OF.-°--.._.._.___. - ' ~
,
~ .
'~~f ~ ~
Befors mE personally aPPcared.-----•--•--•-•------------°-•---•----_..__.~____.._...___._ w _.~....~,,,s,~'~'"o`"_' `
~
. to me well kampn aad
and_..._.___...---•--...~_._._..._....__.._....._.___-------__...w
.
..Preaident an~____._....~....__....___._.._....__..._.__.__..._.__.._._._._.. 3ecntar~
known to me ta be Lhe....------...._------------.-.
~ the corporstioa -
respectively of
named in the toregoing instrument, and 1c~?ow~? to me to be the personi who as aurb uiticers ot said rnrporstian.
--..._____aad the ~atd
executed the same: aad then aad there the said---.._______
d!d uknoN?ledge before me that said
inscrument ts the free act ar~d deed oi said corporntion by them respecUvely executed as auch QnlceTS for ths -
~ purpo~ea therein expressed: t2uit the seal thereunto attached is the corporate seal bq them tn like cspaclty ai-
~ tixed• all undar authority 1n them duly vested by the Board oi Directors ot sald corporation.
.
• da of...~...._.__._.. •--.._.r 19.~ s.
W1TI1F,Sg my hand aad oiricial ieal thie.-•-------------..._ q ,
Notary Publlc in and for
the Co~wty and 3tste Aforesaid.
My oomml8slon ezptres:
F
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