HomeMy WebLinkAbout1778 d. Y'hat (a) la th~ event o! any breacA ot this mortga~a or detsult on the part ot the 1?fortgngor, or Ib? ta >
the event any ot uid sums ot money hsrela refened to be not promptly and tully paid within ten daya next ~
~Ite~ the aame ~everally become due and p~yable. without demand or notice, or ~c) in the event each and every i
the st~pulations. ag~eements. conditiona and rovenants ot sa~d prom,sso~ y note and th~~ mr,rtgage. any or eithe~. ~
ue not duly. pmmptly and tully pertormed. discharged. executed. e[(ected. completed. complied with and aDided
Dy. ther~, in eithe~ or any such event~ the ssid aggregate sum m~•nt~oned ~n sa~d prom~ssory note then ermsuung
unpa~d, with inte~est accrued, and aU moneys sec~ired h~•reDy~ shaU become due and payable torthwith. or there-
aiter. at the option ot aaid Mortgagee. as tully and completely aa ii all ot the said swna oi money were o~iginally
stlpulated to be paid on such dsy. anything in ~aid promiaaory note, and ~ or in thia mortg$ge to ths cont~uy not-
withstandi~g; Rad theceupon or thereatter at the option ot said l~iortgagee, ~~~ithout nouce or demand. autt at ,
Uw or in equlty. theretotore. oc thereatter Degun. may be prosecuted es it all moneys aecured hereby had matund ~
prlor to ita irtstitutioa .
T. That tn ths evet~t that at ths Deginnins ot or at ~a,y Wae pending any sult upon thls mor:gage. or to
foncloss it, or W retorm !t~ and/or W enforce payment ot any cta?ms hsreunder, aaid Mortgsgee ihall apply
to the court havina jurisdiction thereot tor the appoincment oi a Rece~ver. such court shaU forthwith appoint
a Receiver of sald mortgaged pcoperty all and iingular. including all and singular the rents. income. pmfiU.
faeues and revenues fmm whstever source derived. earh and every ot which. it being expresaly understood. b
henby mortgaged aa it specifically aet lorth and deacr~t.ed in the ~anting and habendum clauses hereof~ and
~uch Recelver shtW have all the broad and etfective functEons and {w~vera in anywiee entrusted by a court
to a Receiver. and auch appointment ahall be made by such court aa sn admitted equity aad s matter ot s¢
wlute tight to aald Mort~agee. and without raterence to the adequacy or lnadequacy ot the value oi the prop- i
erty mottaaged or to the solvQncy or inaolvency ot said Mortgagor and~or of the defendants, ared that auch
rents. profits, income, issues snd re~enuw shall be applied by such Receia•er according to the lien and/or equity
o! aaid l~ortgagee and the pracUce of auch court
8. !t is understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described any additional loans or tuture advances made withi~ twenty yean irom date hereof by the
mortgagee to caid mortgagors or any successor in title oi said mortgagors of the property hereby conveyed-
providecl that the total unpaid balance of the indebtedness secused hereby at any one time shall not exceed
the maximum principal amount of _ Dollars
(i plus interest thereon and any disbursements made by the mortgagee for the pay-
ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
1N W31'IQES3 WHEREOF. the said liRoKgsgor has executed this mortgage under seal on the day and yeu -
herein fi»t above ~vrlttea.
Sianed. sealed and dellvered in the pceaence ot: i „
~ / - L . S . ~
r F. S sco
,
As to Bernard F. Sisco and ,
Beverly T. Sisco I ~ L.S.
ver y T. sco
STATE OF.....~+ABII~A........~_..__... ~
COUN'1'Y OF.__.... ~ ~
Befon me peraonWy ~Ppeared......
BTRNARD F. SISCO and BBY~RLY._T!_ SI~O
his wife
to me well known and known to "me to Ae the individua6.. described in and who executed the toregoing instru-
~ men~ ai?d acknowledged before me that .~t?e3T.. ezecuted the same for the purposes therein expreased.
,
i wrrr~ss my n~a ~a orc~~i~ ,e~ cni~...._~.~ _..__a.y or.. Ju~ i~75-
` . / < . . ,,.,:~T •.•~=:t{j.,, ~
! ' a~,: . .
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~ otary Publlc fn and for
the Countq aad 3tate Aforesald. ~ G~ v'•
~ My commiasion expires: = ~ ~ • ~ "
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STA'T~ OF-- ~ : ' ^'.~3 ~ `'i !4 -
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COUNTY OF....._.._._....._.__._.__......_......_ . _ ~
Before me personallY aPPcared----._... . ...............•--__._._.............._.__..__....___...._......_.._._...._....?.,~t V
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iAd._...__....-•--••--.._ LO me Wl11 In10Vlft~
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•-"~~Kii,
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.__....Presldeat aad......_......~._.~..__._. Secratar~ •
known to me W be the......-------•--.....__._.
.
~ respectively oi . ihe corporaUon ;
named in tAe toregoing uutn~men~ aad known W me to be ths personi ~vho a~ such otticer~ ot said corporatlon. ;
~
~ eaecuted the same; aad then and there the ~aid..---._.._....._._..._._.._..--•..---....---_......_._._._........._._.__....._.__._.aad the ~afd
~ - , .,.._did acknowledge bsfor~ me that ~ald ~
; lnstrument 1s the free act and deed ot eatd corporation by them. reapectively e:ecuted u an~cb otticers for the #
~ purpoaes thenin expreased• t!?at the seal thereunto attached L the corpor~te seal bq them fn Wcs csp~clty at- 1
fi~cM: all under authority !n them duly vated by the Board of Dlrecton ot aaid corpor~tion. ~
~ O~»......~.~...... - w 19 ~
~ WiT2~TES8 my h~nd aad oftlclal ~eal this_-._.__..._._.~._.... y ~
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~ lE0 AM~ a~~4qp~~ • Notary Public tn anA for
~ S~~ LUC~~ i,OU ~Y i~ U?e County and 9tate Aforesaid.
~ ~QG~F 'rJ!TA~= ~dy oommf~ion ezpirea:
CIERR ;C~?IT COUqt
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