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HomeMy WebLinkAbout1725 8. That ( a1 1o the event ot any bceach ot thi~ mortgage or detault on the pzrt ot the ~tortgngor, or ~ b ~ tn the event »ny ot aa~d aums ot money here~n re[e~red to be nat promptly and tully paid w•~thin ten daya next aRer the same severally became due and payable, without demand or not~ce, ~r i c?~n the e~•ent each and e~ ery the ~t~pulat~ons, aqreements, condit~ona and co~'enAnt~ ot az~d prom~s~n~ y n~~te and th~~ nu~rt~age, any or esth~r. ~ are not dul}•, promptly and tuliy per[ormed, d~schar~ed, executed, etfected, completed, compGed wlth nnd nbtded r by, then, ~n cithe~ or any such event, the eai~ aggregate sum m~~nU~ned in said prnm~ssory ~ote Lheo rcmainin~ unpaid, a•~th mt~re3l accrued, and all cuoneys se~:ured h~•reby, ahall become due and p.iyable torth~~•ith, or there- a[ter, al the option ot said rtortgagee, as tully and c~mpletely t?~ ~f all of the saiF! ~un~s of mon~y w•ere ong~nally 3 stipulated to be pai~ on such day, anything in sa~d promis,cory note, and or in th~s mort~age to the cont~ary not- ' withstandmg: and thereupon or thereafter at the optiun ot said AlortFagee. ~~•lthout natice or demend, ~u~t st law or ~n equity, theretofore. or thereatter begun. may be prosecuted as ~t all moneys secured hereby had matured pcior to its institution. ~ 7. That in the event that at the beginning ot or at say tlme pending any sult upon this mortgage, or to foreclose it, or to refarm It. endlor to enforce payment ot any claims hereunder, aaid .~tortgagee ahali epply to the cou~t having jurisdictlon th~reot for the appointment ot a Rece?ver, auch court shall torthwith appoint a Receiver ot aaid mortgaged property all and aingular. including all nnd s~ngvlar the rent~, lncome, pro{~ts, lssue, and revenues f~om whatever ~ource derived, ea~•h and evPry of ~vh~ch, it being expressly under~tood, ss hereby mnrtgaged as it apecificaliy set torth and descnEed in the ~ranting an4 habendum clausea hereot, and such Rece~ver shaU have ull the broad and eltect~ve ~functi~ns and ~~~~~:•~r~ in anvu•!ce entru~ted by a court to a Receiver, and such appointment ~hall be made by auch coutt ns en admitteu equity and a matter ot ab- aolute nght to stiid Mortgagee, and aithout reterence to the adeyuacy or inadequacy of the value of the prop- erty mortgaged or to the aolvency or insolvency of eaid 1?tort~aRor and ior of the detendants, and that auch f~ht~, profit~, income, isaues and ~e~'enues ~hatl De a{~plied by such Recel~•er accotdjng to the lien and; or equity ot aaid Mortgsgee and the practice of such court. _ above descn ~ nal loans or future advances made within twenty years from dalP herc~[ hy th~~ mort~a~ee to ~a~d mortRagors o ~r in title of said mortgagors of the property hereby conve~•ed; providecl that the total unpa~d balance ot the ~n ured hereby at any one time shall not exceed thc• max~mum principal amount of DoUars tS plus interest thereon and any disbursements made by the m he pa~•- ' biuse:n IN WTTNESS WHEREOF, the sald Mortg~gor ha~ executed this mortgage under eeal on the day and year - heretn tirat above ~?ritten. ~ _ 81 ed, aealed and delive the pr n~e or: Lisa Coal Company, I C. ~~.t ' ; _ . By : : . . ~ ~ > . _ ~ ~ ~ = n , i `ij . ~ ~ ~ C ~0~~' A T ~ ~.~,~~1~~~;~~ ~ ~ . : i ~ . COUNTY O , k~:9''~~~ - ~ • ~ . . . . i Before me per~onW ared.._..•--....--_••---._ - to me v`ell kno~vn and kno«~n to me to be the in ual.._. described in and who executed the foregotng inetru- i ment, and acknowledged before me thst .._.he..._ execu e same for the purposea therein expressed. j F ~ WITNESS my hand end ofticlai eeal Lhis ................_._...._..dsY 19......_. i ( ~ ~ ~ Notary Public tn snd for ` F the Countq and State Atoresald. ~ STATE OF~--.. . _ . - i ~ ~ . COUNTY OF.__.rZ~~(..•--.....-•-•••-••• - Before me personally appeared----•-•-• . ...~~.-4.r_~..~ an~---.._....~~L~--•--••~'r~s.._4:._.. .~-ti!:sl..:..~__._ to me well known sad ~ c/ ~ kn~wn Lo me to be the.-•-•-•--•-.-.._--------------_....---President and.~....__........__.._.._-•---•--........._._---..._............_..__.__._ 3ecretar> > re~pectively or .....--..------Lisa..Co~l_.~om~anY,..Inc..___..__._---_.._.._......_ ths corporstloa ~ ~ nsmed in the foregoing instnunent, and known to me to be the pereoni who as auch oltlcera ot said corporation, ~ ~ executed the same; aad then and there the sdd--•-•-._.... . ._._~.~kst,l .................................and the satd ' ~ y ~ did acknowledge betors me that safd - lnstrument ~ the tree set and deed ot said corporation by them respectlvely executed as auch'ottlcers for ths purpn.sea therein expreased: that the seel thereunto attached U the corporate seal by them in like capnclty af- ~ flxed; all under authorlty ln them duly vested by the Board oi Directors of aaid corporstion. / ~ WITNESS my hand and ofticial ~eal Lhls...._..._ld ~....dsq ol.._.... . . 19.Z~. v # ~ _ ~ ~ Notary PubLc fn and for f iIEL aN0 RE~~~ . the County and State AtoresalQ- t ~ ~T uc?:._G~uM ~ n PO~tN~s ~ My commla~ion ezpirea: CJ~+?• R 9'' ~ ~~~~x UI~ CQU11t o u-~ V ` ~,~~s qi ,E+ ,i. ~ Rf .1. _ 't' . : . I~ Ii ~5 N O T A R .1~ ' . _ . BOCK 238 P~~E1722 . ~ ~:~~,.Y, . - ~ 3(~1~rI S E A L t', ~ _ . , ;x;~. ' ~ ~ ~ ~ ~ ;y~~'~ w°"~~a.~ ~ , II ~ . x ~ . ~z~ ~ ~ ' _ ~ . <