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HomeMy WebLinkAbout1950 ~ , thirty ; a, Th~?~ ~a~ ta th~ ~vent ot any breach oi thts mort~aae or detault oa the part of the 1?iort~u~or or tbl la ; ~ th~ ~v~nt any ot asid aums ot moMy hereiu r~ferred w be not promptly and fuUy paid withln dayi aext i atter the aame ~averally become due and payaDle. without demand or ~otice. or lc) in the event each and every ! th~ ~tipulatlons. agreea?eAta. co+~ditlons +uid ~~ovenants of sa?d promiasory note and this mortgage. any or efther. ar~ aot duly. PromPtly snd fully perfo~med. diachargcd; execute~f, etfected. rnmpleted. coinpUed wiW and abided by, ther~ it~ eitUe~ or aqY sucb even~ the sa~d aggregate aum mcr?tiooed a said promissory aote then nmuni~g unp~id. with intnreat accrued. snd W moneys xcured hureby. shall become due and payable forthvvith, or thera atter. at the oplion ot asid Mortgagee. as [ul1Y and completely a~ if sil ot tht asid aun~s ot money were o~iginally stipulated W be paid on such day, anything U? said promissory note. and!or in this mortgage W the contruy notr " ~y;thstar?di~• ~nd thereupoa oc thenatter at tha option ot eald Mortgagee, without aotice or demand, tult at Lw or in equlty. thereWtors. or tt~et~eatter begun. msy bs pmeecuted as it all moneys secuced hereby had matnsed prlor W lts irutitution. ' 7. That in tlie avent th~t at ths beginning ot or at. an~? Wns pandiug anY auit upon thf~ mortaags, or to lorecloss it~ or to reform tt, and/os to eniorce psyment of any claima hereund~r. uid Mortaa~ee shW apF=~? ~p ~e ~urt baving iurlsdicUon thezeof for the appou~tment ot a Recetver~ such court shall torthwith aPpolat s Reselver of said mortgaged proPerty a11 and aiagular. including aU and singul~r We rents. lnoou?0. Prolits. iisuea and cevenues ttom whatever souroe derlved. each snd every oi which, it bein~ expready undeeatAOd. b Aereby mortgaged as if ipecifically aet torth snd descrit,ed in ths grant3ng aad habendum claases hercot. and sucb Recelver shW tu?ve W the broad and etiective tuncti~n~ and powera in~ anywiee enteusted by a court to a R,eoeiver. and such appointment shall be made by such court as an admltted eqWt~ a:?d a matt,er o! ab- tolnte tisht to sald ~[ortgogee, aad without eeterence to the adeqwcy or ina3equacy oi t~e valus ot ths ptop- erty mo~ or to the aolvency or insolvency of said ]~Rortgagor snd/or o! the detendaats, ~ad thst such reat~. Pro ts. incoma issues and revenues ~phall be appUed by such R~eceiver a+~ootdittj Lo ths Wn and/or eQuitr ol aald 2[ort6agee wd tt~s practice ot such court ~ gay~II above described a~y additional loans or tuture advances made within twenty years iro ~the ' mortgagee to said mortgagors or any success~r in tiUe oi said mort a perty hereby conveyed; provided that the total unpaid balance oi the indeb ereby at any one time shall not exceed the maximum principal'amo DoUars _ - i+~Y- _ p us interest thereon and any disbursementa made by the mortgagee for the 1N WTrN~88 VVHEREOF. tAe sald ~[ortaagor has executed thLs mortsaae uader esal on tM ds7 ~ Y~ bee~ein ftnt abov~ writte~n. 3 a1M and dellverad he presence ot: / ~ L. s ~"7 i~_ t.c~ ~ . ~ (SEAL) ~ . - . ~ _ ST N G S ET . to Da d weet : (SEAL) ' AVID L.~ SWB T ~ ? - ~~t,~ ~ ~ , to tanton weet ~ _ og...~New York - ~otn~~r oF.:....~..R.a.~c.._._....-----•-•--- ~ s~,.-_ ;;E ~te~ ' DAVID L . SWEET ~ a ~ FF ~ peraooally sPP~arad--- - s ~/~~oer m~ .t , s, f ~ ` ; : d~~` ,.~wn and known to me to be ihe individual.--- de~cribed in and who executed ths foreaoit~ instsu- ' _.-1 ~ wledged befon me that .__ha... enecuted the same for the purposes Uienia esFreased. . 'f • ~ ~ _ . , . ~ ;~•,~r~~ITNFS8 rr ~ . j l1~, I~ ~v~~fA~;', ~y a.na ~a otnG~ c,nu.. f ~ ~i? ~ ..r _ ~~~wi ~ i7J' ~''rvt ~ ~ , ~~M~ r..' I ~7 ` ~ t ~ t ......,,~v ~ - Seal) i.; O~~ ' Otar~? PtibllC 1II = . "~z• ~ • i ~~itylCl . CounLy aad $tats AfOre~aid. : ~ ' ~ - ` . . - My commlasion espires: 3 3P' *~=c:s'- . / 9 ~ _ r- s~- STA1`S OF__._..........._._..__._._------...._.. ~ ; Q i,{ ~ , ~ ~ ,r.'` ~ , ` ~ . J~-•" fl ~1• t . J 1. ~a~/c ~ i i-y `'~,C ; . t~ e _ai~! ~ e. . oovrrr~ oF _..w..._..._.......... ..w. t: i • a ~r, ' Befors me personally appeuea........_._-----._._........_.__.. , E . J ti.~,,_. ~t `e, . aad....._........_»~_....._.... _ to ms w~11 Icno~a ~a~d~•~.,- * v k60WII LO ~1 ~O bA ~E-.....». ..».-.....••..•.prA/1dEII~ ~ ~CtltiQ tespscLlYely OL ths ooeporattoa named in the fore6oing instrumen~ and knowa to me to be the p~r~on~ wbo Y su~L of~osra ot ~aid ooeporatbo. euecuted the sama: and thsn and there the ~aid......._.........._._ »....._...aad tL~ M!d ~ ac~Cao~vbdgs b~toe~e ms tbat ~ald lnscrumeac fa che rree scc aea aeea or ..ia oorporsaon br cr?em re~psctiva~s .ea[eaicea as mch omosr. ror tn. ~ purpo~e~ ~ therefn expnssed: that the ~eal thereunto attached l~ tM oorporate ~eal b~ tb~m !a 11ke a?P~city at ~ tized: ~11 uadsr authodty W them duly vetted by the Board o! Dinctors o! said corporatloo. OviTxEBS my haiw aaa otecial .eal c1~i......._._.._._.__:...ay ac...._.... ~ Notary PuDltc !a anQ foe ~ th~ Oount~ aad St~t~ I?fora~af~. ~Jjr oo~aii~don esPtttis: . j . Btsox ~ i ~ ~ ; - _ - _ ~ ; - ~ N;;~«~ ~~r r ; ~ -f ~3 _ : ~c~~ . f~.~S~.r~~.. _ . . ~s _ _ ~