Loading...
HomeMy WebLinkAbout1145 u 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 ~ ~ 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 . . t . . - • ~ j''C`~'~`, , . tt` . - - o ~ gy . _ • 3 eS @llt _ = r~. ~~~~t'~' - • . '"'•.,,,f j~~ ~~NfHHe1`~~~ 'STA'PE OF_....__..__........»......_ ~ COLJNTY OF--•....._......_...._.---._ ~ Before me personsllY aPPeareb_......__ ~ ! 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. ~ s ~ W11'NES3 my hand and otricial seal Lhis ............................day oL..~. 19........ { F ~ Notary Pnblic tn and !or ~N~.w~ the Couaty and State Atoresaid. OHIO URY commisaion expins: 3TATE OF-••-•--.__....-•--••• ~ - e - 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..-----~-.....--__........... , ~ ~ ~ : ~c i r~ , , j • - -~~ca.R..___ ~ ~ r..a~`_S. ' • `a~ ~ ~ ~ : . F'~'. pota,rp PuDllc fn an~ fo ` ~ ,•;1?~ t]?e t~mh a~d 3tats or~ald. - J, t J ~ ' ~ / ~ ~[p oomarl~ion a:plrea; ~Z , . ~ < ~ ~ • ;KJ ' % ~ . : '4; . ~,1-. ~ •M? MMARA .1. ~RACLEY, N~MI ~ f ~ ~ ~ " ~ ~ ~ "M~~ ~/Y~I V/~~~ ' ~ ~ ~ ~i~j 1~ . \ ~ . ~ ~ V~~ . f ~ . t ~4S~ ~ _ K ~ ~ y••i(~ ! . ~R i ~ ~ ~ - ~ooK PAGE1145 - - ~ - k _ - ~ ~ ~ ~ , ~ ~ _ g, s ~ ~ ~r~~s,,~. . . ~ ~~'~~~-~~°~~s~-~".. . . s~ ~