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A. That (al In ths svent at any breuch ot thia mortgage or detault on the pnrt ot the I?fortgr o~, or Ib? tt?
the event any ot aaid aums of money here~n referrcd to be not promptly and tully pa~d within~~ days next
atter the same severslly become due and payable, without demand or not~ce, or ~cl ~n the event each and e~•ery
the st~pulauons, agreements, condit~ons and covenanW ot sa~d prom~s~o~y note and th~a inurt~age, any or eithP~, '
are not duly. promptly and tully perto~med, diachsr~ed. executed, et(ected, completed, complled wtith snd abided-
by, then, m e~the~ or any such event, the ss~d aggregate sum m~ nt~oned in sa,d prom~ssory rtote then rcmairung j
unpa?d, with int~~est accrued, and all money~ secured h~reby, shall becume due and payable forthwith, or there- ;
siler, at the option ot said l~tortgagee. a~ [ully and completely as ?t ail of the sa~d sums ot money a~ere origlaally ;
st~pulated to be pai~ on auch day, anything in said proni~ssory note, an~i•or this mortgagerto the contrary not-
w~thstanding: and thereupon or thereatter at the option of said 1liortgagee, ~~•ithout Set~ce o~emand. auit at
law or in equity. theretofors. or thenalter Degvn. may be prosecuted as i[ all moneys secured hereby had maturM
prior to ita institution. -
4, That in the event that at the beginning ot or at any tlme pending any suit upon this mor?.gage, or to
forecloae i~ or W nform it. and/or to enforce payment ot any claims henunder, said Mortgagee ehal~ apply ~
to the court hsving ~urisdictlon thereot for the appointment of a Recelver, auch caurt shall forthwith appo~nt
a Receiver of said mortgaged property all and afngular, including all and aingular the nnts. income~ profita.
issuea and revenues [rom whstever source derived. ea.•h and every of which, it being expnssly understood. 1s
hereby mo~tgaged as it ~pecltically set torth and descrit,ed in the Rr.,nt?ng and habendum clauses hereot, and
auch Rereiver ahall have sll the broad and et[ective funrtions ~nd Ew«•era in nnvwise entrusted by a cou~t
to a Rcceiver, and auch appointment ahall be made by auch court as an admitted equity and a matter ot ab- - r
wlute right to aaid Mortgagee, and without reterence to the adequacy or inadequacy o[ the value of the prop-
erty mortgaged or to the aolvency or inaoivency of aaid Mortga~or and ~or ot the defendants, and that such
~ rents, protita, lncome, is~uq and re~~enues shall be apptied by such Recel~er according to the lien and/or equity
of said Mortgagee and the practlce of auch cour~ •
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described any additional loans or future advances made within twenty lears from date hereof by the
mortgagee to ~aid mortgagors or any successur in title ot said mortgagors of the p~operty hereby conveyed;
p~ovidc~l that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
. the maximum principal amount of DoUars
lS plus ~interest thereon and any disbursements made by the mortgagee for the {,ay-
mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IId WITNESS VVHEREOF. the said Mortgagor has executed this mortgage under aeal on the day and year
hercin fir~t aDove wrlttea.
3igned, aealed and deUvered in the preaence ot:
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~ ~ - C-
~X~ L . S .
- ~ • Russs~ s, cox
A~~to Bussell T. Cbx and
Karen Ann Cox ~ L.S.
_ ,
- KA N ANN COX '
STA'I'E OF.......
~!Q~.~
A~..»...».._.__ .
COUNTY OF.._.._.~~.T.~N ~ ~
Betore me peraonauy appeared___..__..~
RUSSELI, E. COX and KAREN ANN COX~ .
~?l,.~..~t.~~.....--------------------_._.__..._._..---•--..._.._._...._......_.._..__........._. i
to me well known and kno~m to me to be the individualS. dwcribed in and who executed the foregoing frwtru-
ment, and acknowiedged before me Lhat t_he,~f executed the same for the purpwea therein expreased. _
.
~ WPITIESS my hand and offlcial seal this.--••-._.4~Cz.___....day or..__ December is...Z~
! - .:x,c:~GGl.~_..~.--~~€~L~.~ `
i '
Notsry Public in and for ,
~ the County and State Atoresatd. ~'`L ~ : ~ ~ .
: My commission expirea: J
~ 3TATE OF_ ~ "
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~ ~ ~ r-._c • r'SgtDA st LARti~ ' 1~=.
$ COUIVTY OF R~S SEPT. I. 1975 ~ i • `
. - •
MY COb!"~~S~ON E:..: •
; ~ -
~ wonaed i1+~u C,e~. Inwr. Underw ~ ~1C.f~ - - - ~
~ Before me per~onsllY ~PPesred---...•-•-••-••••-----•-•••••---...---•--._~.._ .Q.r.r~.i~- c-.
~ and.....--•-•---...---•--•-•----.__._....._.......-----._.._..__._.__...._._..~._._._~ 9~/_....,~...._., to ms ai]~~a'a~ and
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k known to me W be the ..............._.....•_-----°--..._.Preaident and...._~_._....__.._.__....._r_..---._..._.....__.._...._._.._._...__.. t3tcreCar~
~
t
3 re~pectively ot .......................••••-•••-•-•----•••--._.».._.._....-----_..._.----....~._.__._»._.....W ..._.._..w_.._...._._.__.__._, ths corporation :
named in the foregotng instrument, and known to me to be ttie penozu who a~ such o!licers of sald corporation.
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~ executed the same; and then and there the uid-•---•...._..._.__..-°----._.._....---.__..-----.__...._.......__.._.._.•-••----_...and the sald
~ .
' - .~_d1d ukaowledge before me tMt sald
tnstrument ta the free act and deed of sa3d corporation by them reipecqvely eacecuted aa such otticers for the
purpa~es therein expreased• that the seal thereunto attached li the corporate ~eal bY them ia 11ke capacity d-
fi~ced; all under authority tn them duly vated by the Bosrd oi Dinctora ot aaid corporation.
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W1TNF.38 my hand aad otlfcial ~eal t2ds ............._.~.~._..day of-...__._......_......_..-•------•---...~......._.._.~ 14.--•-
` RDEO
~ E~ AtN~~ il.~'• Notary Publlc in and for
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LUC1E "~p;jR~S V~ ths ('.auaty and 3tate Aforessid.
~ f ilU~~~-^131t COU~t l~iy oomon1as1on e~ptres: ~
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~ 3o~s~1 ~ R~~ pACE 22~
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