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A. That (a) ~n the event oi any bresch ot this mortgaae oe detsult on the part ot the l~tortga or ~D? ~u 30 days
the event any ot ujd sums ot money a~ceiti eeter~ed to be not promptiy and lully piud w~thin daya rtext
dter the same scveraQy become due and p~yabte. without demand or not?ce, ot ~c) in the e~~ent each And every
the et~pulationa, ag~eemente, condit~ons and covenanta ot sa~d ptom?sso~y note and thia mnrtgage, any or either.
are not duly. p~omptly and [ulty perto~med. d~scharfied. executed, etfecte.l. completed. comptied with and ab~ded
by, then. in e~the~ o~ any such event. the ssld aggregate sum m~ nUooed ~n aa~d promisaory note then nmauung ~
unps~d, with interc3t accrued, and a11 moneys aecured h~reby, ahr?ll beeome due and payable torthwith, or there- s
atter. at the option ot aaid Mortgagee, aa tully and completely aa it all ot the sa~d suma ot money were originally ~
sUpulated to be paid on auch day. anything in aald prom~saory note, and~or In thia mortgage to the contruy not-
withstanding; and thereunon or tt~ereatter at the opti~n of aaid 1?Iortgagee, ~~•tthout notice or demand. euit at
law or in equlty. theretofore. or therealter begun. may bs proaecuted as it aq moaeys aecured here~y hsd matured i
prior to 1ts irwtiWtion. >
7, That in the avmt that at the beginntn6 ot or at aay time pending any auit upon thls mortgage, or to ~
foreclose i~ or W reform 1~ and/o~ to enforos payment ot any clalma hereunder. eajd Mortg~gee ~hsll apply f
to the court havins ~urisdictlon thereof for the sppointment of a Receiver, such court ahall forthwith appoint
a Receiver ot said mortgaged propertY all and aingular, lncluding all and singular the rents. Income. protits.
lasuea and nvenues imm whatever source derived. each and every ot which. it _ Deing eacpreasly understood. 1a
hereb~ mortgaged as it apecifically aet torth and descr~t.ed in the Rr.~nting anil haEendum clauaa hereot. and
~uch Receiver shatl have all the broad snd etlective tuneti~ns and {x,~ver~ in anyv?ise entnrated by a couK
to a Receiver, ~ued auch appointment ahall be made by such court as an admitted equity aad s matter ot ab-
•oluta right to aaid Mortgagee. aad without rete~ence to the adequacy or lnadequacy ot the value ot ~the prop-
erty mortsaged or to the solvency or insolvency ot said Mortgagoe snd/or of the dalendants. euid that iuch
nnts. pmtits. 1t~come. iss~es and revenues sAaU be applied by such Receiver ucording to tde 11en and/or equity
ot said ][ortaagee and We pracUce of sach court
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derstood and agreed that this mortgage is given to secure, in addition to the not~ or n ' ~
above descri loans or fut~re advances made within twenty years ea by the
mortgagee to said mortgagors o in title oi said mort property hereby conveyed:
providc~cl that the total unpaid belance of the ~n ereby at any one time shall not exceed
the maximum principal amount o Dollars
~s , interest thereon and any disbutsements ma ~rt~agee for the ~,ay-
m~ , v?es or insurance on the property encumbered hereby, with interest on sZu'RZlieLucS~`ts_
;~-II~I N{/1TN~33 Vf1HERFOF. ths »ld ~dortsagor lw executed this mortgags under seal on the day and yeu
,1~eeir tl ; ~ e wrlttaa.
. gi~n~ ' delivered in tAe preaence oh
~ ' ~ AQUA RABELLA, INC
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'STA'PE OF_....__..__........»......_ ~
COLJNTY OF--•....._......_...._.---._ ~
Before me personsllY aPPeareb_......__
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! to me well kt?own and kno~vn to me to he the individual_._. deacribed in e~nd who acecuted the foregoing inetru-
~ ment, and aCkaewledBed before me that ._..he..__ eacecuted the same for the purposes therein ezpres+ed.
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W11'NES3 my hand and otricial seal Lhis ............................day oL..~. 19........
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~ Notary Pnblic tn and !or ~N~.w~
the Couaty and State Atoresaid.
OHIO URY commisaion expins:
3TATE OF-••-•--.__....-•--••• ~ -
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covrrrY oF Kg~grH H. DIIRNBAUGH ~
Betors me peraonally appeared.._.__..........__._....__..__... ......»-.-w-.... _
~d._..••-•-•-......•-••---._....._.._..... W ms well la~ovirn aad
President~~~ _ ~~qxx ~
lcnown to ms to be the.__....~ ....r.._...-..-....._........_....~
reapectively of AQUA RAB,EI.LA._.i... I1~.~.,~......._.. the oorporsUoa
named 1n the foregoina' lnstruin~nt, aad known W me to bs th~ per~on~ w1w y~ucl~ olIIcera o! ~a14 corpontlon.
~ 8enneth H. Durnbaugh
executed the aame: aud then and there ths ~ald..._.._.~._...r....~..._.....__.._.......__......_......»_..._....__..
did-aclct~o.vled~e bstorr me that ~ald ~
r: ~~~nspectlvely executed u such oMcers for t2~s
tnstrument Is the tree act and deed ot aaid corporaUon by
~ PurEwxs therein expres~ed: thst the ~eal thenuato attached L the oorporste aeal by Lhean in llks capaclty at-
~ tized: all undar authorfty tn them duly vated bq the Boud o! Directors ot ufd corporation-
~p ~ 3eptember ~ ~9.. ?4
~ W~'rNEgg my hand aad otActal ~sat thl~......._[..0..~»..daY o~--.r..-----~-.....--__........... ,
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~ ,•;1?~ t]?e t~mh a~d 3tats or~ald. - J, t J
~ ' ~ / ~ ~[p oomarl~ion a:plrea; ~Z
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'4; . ~,1-. ~ •M? MMARA .1. ~RACLEY, N~MI ~
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