HomeMy WebLinkAbout2422 d, That (a) le t1?e event ot any breach ot this mortgaae or de[ault oe the part ot the 1?tortgagor, or ~b~ ta
the event any o[ said aums ot money herein reterred to De not promptly and tully pa~d w~thin ten daya nrxt
atter the same severally Decome due snd payable, without demand or not~ce, or ~c? ~n Lhe e~•ent each and e~~ery
tha at~pulat~ons. agreements. cond~tions and covenants of aa~d prom,sso~y n~~te and thu ox~rteage. any or eithPr,
are nol duly, promptly and fully pertormed, disch4~~ed. executed, etfecte.l, completed, compl~ed wiW and ab~ded
Dy. then. ~n c~ther or any such evertt, the said aggregate sum m~•nt~oned ~n sa~d prom,ssory note then rrma,cung
unpa~d, with interc3t accrued< snd all moneys xc~ired h.•reby. shall becun~e due and pa~able torthwith, or there-
stter, at the option ot sa~d Mortgagee, as [ully and completely as ~t all ot the saiJ sums oi mon~y v?ere ongu?ally
shpulated to be pai~ on auch day, anything in aa~d prom~asory rlote, and or in thia mort~sge to ihe contrary not-
w~thstanding; and thereupon or thereafter at the option of said >tort~agee, ithout nouce or deman~ suit at
law or in equity, theretotota, or thereatter begun. msy be prosecuted es it s11 moneys secured he~eby hsd matured
prlor to its instltutioa
T. That ln the event that st the DeBinning oi or at aay Utne pending any autt upon this mot*;age. or to
forecio~e it, or to reform it. aad/or to enforce paymont ot any cla~ms l~ercunder, sa~d Mortgagee shal! apply
to the court having juri~dictton thereof for the appointment ot a Recaver. such court shall torthwith appo?nt
a Receiver o[ said mortgsged proPertY ali and singular. including all and a~ngulu tbe rtnt0. ~e; protits.
issuea and nvenuea icom whatever source derived, each and every ot which, it be~na expressly understood. b
i,ereby mortgaged aa if specitically set torth and descnt.ed in the Rr•u~ting and tuibeedum clau~e.a hereof. and
such Receiver ahall Asve aU tha broad and eifecGve functions and j~o~~•era in anyvv?se entrwted by s court
to • Receiver. and auch appointment ahall be made Dy such court as an admittcd equit~ and a matter o[ ab-
solute right to aaid Mortgagee, and withoot reterence to the adequacy or inadequacy ot the value oi the prop-
erty mortgaged o~ to the aolvency or insolvencp ot said l~dortRa~tor snd~or ot the defendants, and that aucl~
rents, profits. income, is~uea and re~~enues ahaU be spplied by such Recel~er ueocdln8 to tl~e lidt and/or Mwt7
ot said Mortgagee and the pracUce of such court»
8. It is understood anci agreed that this mortgage is given to secure, in addition to the note or obligai1on
above described any additional loans or future advances made within twenty years trom date hereof by thx
mortgaRee to ~aid
mortqagors or any succeswr in tiUe of said mortgagors of the property hereby conveyed;
providc~l that the total unpaid balance ot the indebledness secured hereby ~t any one Ume shall not exceed
the maximum principal amounl of DoUars
~s plus interest thereon and any disburaements made by the mortgagee for the {,ay-
mrnt ot taxes, levies or insurance on the property encumbered ~ereby, with intecest on such disbursements.
II~ WTTNFS3 QV~iERFOF. the safd ~ortgaaor 2uu executed tt~s mort~age under seal on ths da~ and year
Derein fint ~Dove ~?rittea.
gl and delivered in the pr~aence ot:
e. -
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~c''L~ ,:il CQUR T THA A. ROSS .
~1PC~`"}'r'~'~~E~
~ 3~ ~
BzA 289192
STATE OF_.. . ~
COUNTY OF. ~
~ro~ ~ ap~._HARDIN E. ROSS, Jr. and TABITHA A ROSS, his
wife. --------••-.._.........___...._.__.......-------_......_._..~w
to me well kno~vn and known to me to h~, the individual.S? dexribed in and who esecuted the toir6oing insW-
ment; and acknowledged before me that t_he_~ ezecuted the for the purpoxs therein expressed.
M ~ ~ ~ :~~,~''r• ,
~ ~ ._._.da of_.~l1ltJL~i ~ •
~ wrrrrESS my ~a sna ornct~ s~at c~s-----• _ - r ' ~6=? ~
~ ~ r!
~ .
. ~
No PuDlic fn aad for - : - 1 - : _
the tp and State Afor~~sl4.r -
, My coaunissioa espires: r~-~!f,;1~
s'rw~ oF.. ~ . , 1 , •ii J ~ 1= ~
i .
COi)NTY OF ~ . . •
Before me personally aPPeared-----._._---..._____.._.~.~ - -
W ms weu imo~vn aad
and......
.__......__.PrmldEUt aad. ~~~7
known t,o me to be We.._....__._._.
tbs oorpontlon
re~pectively ot
named in the toresoing inatnunen~ aad known to me W bs t1~ p~sons wDo a~ atKh o!llcee~ a[ ~~rition.
executed the ssme: aaA thcn aad there ths uld._....---.__....._... .____w_. ~ tlw aaid
ael~no+vledts eesora me ch.c .ala
yK
fnatrvment ta the tree act and deed ot sald rnrporat?oa bp them respectlvelY ueeut~ L+~ °~a~ rOT ~ a
~ purpo~es therein expressed' that the sW thereunto sttacl?td fi t2w oorponte ieal M~ fu 111~e capaclt7 d-
~ tized: all under authority in tham dulp vested by We Boud of Dlrsctnrs a! safd oorporatioo.
~ w~.
WITNF.gB my hand aad o!!lclal ~eal thi~.._._. _.d~y d~ i~_____
~ -
~ .r,~- .
~ ~d~ rTotas~ PuDUc In aad for
' ~ ~ - - - ` tbs C~o~mt7 and State Atoi+e~ald.
`j ~j ~v ~ ~ i . y i ~ :i ~ ]~y oommlydoo ezPteea~
- ?t' ~r ~t~ ~ ° 3~V rA.E ~a5~0
6' . ~
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_ a~;L~~:~.~ a3~~~ ~oeK23~ Fac~2421
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