HomeMy WebLinkAbout0858 d, ~a~ tn tM ~vsnt ot any bnacU o! this tnottaan o~ detault oe the psut ot the Martswgas, or lbl la
tM svent nn.y ot said sums ot mon~y bueta ref~rred w b~ not promptly and tully paid within ten d~ya eext
afqr lA~ iam~ aeverally became du~ and payable. w'tthout demand or notue. or ~cl in the event ea.:b and ev~ry
t,h~ ~UpulaUoas. a~rtemeat~. conditiw?s and ~~ovenants ot said prom~ssaiy note and th~s mortgage. any or efthe~.
u+ not duly. prornFLlY ai+d lully pertormsd. discha~ged, executed, eftectN, cooipletcd. complied with and ablded
py, thsq, ia e:tAe~ or ~ny such event. the said agBregate aum m.•nt~oned ~n sz~d promissory note then remsiNns
unpud, witA intere3t ac~:rued. and ap mo~eys sccured hrreby. shall become due and paysble torthwith. or thero-
aftes. at th~ option ot asfd Mortgsgee. as tully and completely as if all ot the sa~d sunu ot money wen oriRinaUy
~tipnl~ted to be paid on such daY. anythina in aaid promlasory note. and%or tn thia niortgage to the contcary noL-
witAstandins; and theraupon oc thereattsr st the optiun ot aald 1?Iostgasee. ~vithout nouce or demand. auit at
Iaw or io eqWty. Weretofore, or tAeceattes begu0. maY be prosecuted as it all moneys aecured hereDy had matured
pelor to 1b iastitut~oa
9, T!?at 1A the e~nt that at ths beBinnlaa of oe at aa,r Wne pending any ault upon thls mortp~~ or to
toree:ose 1~ or W r~torm 1t, and/or to enlorC payment of a:~y claims hereunder. aa~d Mortg~a~ ahall app~?
to ths court t?~vint 7uri~dlcu°n there°f for the app~inem~nt ot s Receive~, su~h .:ourt shall torthwiW appoint
a Recelver of aaid mortga8ed ProPerty all and iu?Su~ar. including all and s~ngular the renta, tncome. grofita.
l~SUe~ ar~d revenues tmm whatever source deHved, cach and every ot which, it being expressly uadxntood. fs
bereby mortgaged as ii specifically set forth and descrlt,ed in the grsnting and hsbendum clauses hereot. and
p~ct? R~ceiver shall h~ve W the btoad and ettective Nrtetions and Exm•ers in nnywise entrusted by a court
to a Rsoeiver, and such appointment ~ha11 De made by such court as an ad~nitted equfty and • naattes ot ~b-
•oh~b riaht to said Yortsagee. and withont reterence to the sdequacy or tnadequacy of the valus oi the prop-
uty mo~ or to the solvency or insolvwcy of uid Mortgagoc and~or of Lhe detendants. and that auch
~n~ pro ts. fncome, ia~ues and re.eeues shall be applied by such Receiver ucording to tbe llea and/or eqWty
of wd xo~gee aad We pnct~ce of such court
• ' ' given to secure. in addition to the note or obligation
above esc " ional loans or tuture advances made w~thin twenty years fmm date hereot by the
mortgagee to said mortgago r in title o! said mortgagors of the property hereby conveyed•
provided that the total unpa~d balance o secured hereby at any one Ume shall not exceed
the maximum principal amount of . - _ Dollars
plus interest thtreon and any disbursements made by r the {,ay-
ment of taxes, levies or insutance on the properiy encum
aT qT1TNFS3 WHER~OF', tl~e sald Mortg~or has executed this mort~~e under seal on the day and year
heretn lint above welttan.
Slsned, sealed and deUvered in the presence ot: O
/
. •
~ ~~K sell L•, ells ~
~/J
~a,~~' ~J, LC~L'a'~`~
Padine G . Wells
STA1'6 OF......~T .(~RTT")A -
K
(70iJNTY OF_._.._..~~I~._~___.
~=o~ ~~~p~__ R7iS,~F'7 T T, ~~jSjFT T S anr~ PAT1T •T1~iF. C?_ VjLF_.T.T ~
~
~j __~ii..S~.~li.fe...._ ..w_...____ - .
~ ~p a~e ~pol known and known to me to bs the individua!_S deacribed in and who executeA the foregoin~~,~~~''•
ment, and acknowledged befon me that L_~hqjt. executed the aame far the purposes therein esPrm+ed- ~pe1.'~;'
~ J,~
wrrNESS my n~,a .na ors~w w,.._.__._..~._.-_a.y o~.--------~q~- a,.:
i°~
-
. . v _
xotary uc !n and tor a: ;v~v~ ,3p :l ,
the Coen?t and 3tate Aforesald's = : c `
My commlasion acpire~: ^ ; ~f~~~~ *~b'
b f . 71~?~' ~
~
.t
~p OF
Befors rsonally appesred__._.____.....__._...._..... -
W ms well lusosvn aad
aad.._.._......__._.._.....~
known to me to De the...._.. --..__......Preddeat aad...__....._..r Secretar~
respecUvely ot ..r~.. . tDS carporatloa
nam~d m t2?s toregotn~ irut~va?mt, aad ]n~own to W be the Pe~~ wbo a~ sucli ofncsn o! said corpontioe4
executed the same: aad thea and tber~ ths safd...~._.........._ _~...aad tJrs M!a
ecknowledas ba~ot+~ we thst satd
lnstrumeat i~ ths hee act and deed ot aaid corpontion by them reapsctl execuied aa nub o!lfoers for t~
purpoie~ thereia ezpressed- that the ~e~1 thereonto attached is the oorpo by tham in like capacltY at°
tized: W undes authority ln thern duly ve~ted by the Board o! Directora ot sdd c,~ Uoa.
~f/iTNESS my hand aad o!!fclal ~sa! t1~-....._. ~y od..._.......-----.~....--....--. 2Y..~
i11E0 ~E~4R~~ Notarp PubHc tn anA !or ~
ST.IUCiE COUN~ t~s Conail? and State Atore~atd.
AOCEe~ PO~TRA~
clERi~ ciACU+1 C011~
RECORe~ ~~~~F1fD.•~~i ~
~ ~ ~ ~
~
~9~~83
so~23~ ~ 8~i8
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