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HomeMy WebLinkAbout1966 O *~~G(~~O ' A. That (~,t`'fn ~vent o! any breach ot thls mott~aae or detault on the pnrt ot the I?lortgugor. or 1 b 1 te~ : r tha avent qi47 d auma of money herata reterred ta be not pmmptly ttnd fully pud witl~in ten day~ next t ~~e~ ? severally become due and payaDle, without demi?nd or not~ce, or ~c! m the evertt each ~?nd every 4 ~e ~ ns, agreements, condltiotu and coven+~~t~ of ss~d prom~sso~y note and thia murtgage, any or efther, f ~n_g ly. promptly and fully partormed. dischuged. executed. etlecte,f, completed. complied with end abided p~ften, ir? eithe~ or any such event. the said aggregate aum m~ ntioned ~n sa~d pmmissory note then rema~ning ~aid, wlth intarest accrued. and W moneys aecured h~reby, shall become due and payable lorthwith. or there- 1~stter. at the option of asid Mortgagee, u[ully and completcly sa if sll of the said sums of money were originally stipul~ted to be psid on such day. anythina in aaid promisao~y note, and-or In thls mortgage to ths contruy not- withstanding; artd thereupon or thereatter At the option ot said ~tortgagee. ~rithout nouce or demand, sult at law or ia equlty. theretofors, or thereatter begun, msy be prosecuted as it all moneys aecused hereby lud matured prtor to ib ~s.iueuuoa 7. That tn the eveat that at the beginnina of or at any time pending aay sutt upon thl~ morsasgs. or to lonclose 1R, or to retorm 1~ and/or to enforos payment ot any ctaims hereundar. said Mortgagee ~Aall ipp~ to the court havina ~uri~dicqon thereot for the appointment ot s Receiver, such court sbaU fotthwlth sppoint • Receiver ot said mortgaged pmperty ill and singular. including all and singulas the nnta. lncom0. Psof~b. iasues and revenues from whatever ~ource derived. each and every oI which, it being expressly understood, fa hereby mortgaged as if specificsUy aet forth and deacriEed in the grunting and habendum clau~a hereoi~ and ~ch Recelver shall have all the broad end eftectiva Nnctinns and pu~ver~ in anywise entrwted by a couct to a Receiver, and ~uch appointment shall be made by such rnurt as an admftted equlty a~W a matter ot sb- ~olute right to aald Mortgage0. aad without reference to the i?dequacy or inadequscy ot the value oi the prop- esty mort~aged or to the solvency or insolvency of s~id ~tortgagor and/or of the defendants. aud that ~uch rent,, profits, income, iasues and re~~enues shaU be applied by such Recelver ~ccording to the llaa aud/or equity ot aaid Mortgagee and the pracUce 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 w~thin .twenty years from date hereof by the mortgagee to said mortgagors or any successor in tiUe oi said mortgagors of the property hereby conveyed; providecl that the totai unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of _ _ _ _ _ _ _ _ _ . . Dollars plus interest thereon and any disbursements made by the mortgagee for the pay- ment of taxes, levies or insurance on the pmperty encumbered hereby, with interest on such d~sbursements. II~1 WiTAi~.S8 WHEftFOF. the sald l~dortgagor beu executed tWs mo ander seal on day and yeu herein tiret above ~?rlttea. 3fgned. sealed and deUvered ia the prc~ence ot: ~ `~..Y.t?..~G:...`.~'~ ~ L . S . C~k:~1 ~ LOV~ As to S el Love aad ? ' Shirley Love L.S. t S LO ' . ~ i ~ . STATE O . COUNTY O ~ _.~to~~ ~r ~p~~ ~SAMIJBL LOVE and SHIRLI3Y LOVE~~ his wife »t,~.~ ~.~.sa*--=~r--`?~'' ~ '~iq' •~~?eQ Icda~vn Wid known to me to be the individualS.. deacribed in aad w executed the fongoinR fr~strw me~ al~d aclutowled$pd before me that ~.he..Y ~xecuted th~ ~me for pu t~Eetn e:p essed- haad and ofilcW seal this_. ~~~d~y o J ._..y iO75 + j ~ w~ . . . ~J ; ~ J ~ : El~ie M. Smart ~ ~ ~ • • ' Notary Public ~ z.+ es 1uy i~ 1978 Notary PubHc 1n and for # ~ Mr Ca~n~ss~oe EYpW the County aad state Afor~atd. ~ My commfaeion expires: ' ~ 3TATE OF ` ss. - COUNTY OF Befors me personally appeand and.----._ . to ms ~vdl lrnown aad ; I known to ms to be tbe..._.___..___._.........._...._..Preddet?t iwd.._ Secretar~ ~ respcctivelq of t~Ls corporsUo~ • . nsmed in the fongoing instnunea~ aad known W me to ba the pe»oo~ who w~uch olIIcers of aaid corpontlon. executed the same; aaA Wen and thare ths ufb.........»......_...._........_»..........._..........._.........._......_.....__.......aaA ttls ssid - acknowled6s bsior~ me that WA ~ WUvment ts the iree act and deed o! satd corporat[on by them reapsctlvelY ~cecuted a~ s~h o~a°~ for tM ~ purposes therein expressed' that the ~eal thereunto attached b the cosponte ~eal by t,hem !n Wcs capaclty af- ~ fixed: a1l undar suthorlty in them duly vated by the Boud o! Directors ot sald corporatloa~. , ~ l~..w ~ oi?1'1'PTESB mq hand aad otlfcW ~sal thf~.._..__. _dsy ~ ~ ~ c ~ ~ 31~~ ~ ~ fILEO ti+~r ~:CCR~ED Notary PnbHc tn and for ~ ~ SL WCtiE "'.~UNTY f U. th° Co~?h a~?d $ut° At°r~d" p C G:~ • " R AS ldp oommisdon e=pires: c~?, i:; •1: ~ : CURT ^FI;fzF~~ Y!.~ ~Fi';1........~..~-~ _ S~ I I 5a PM'~ goRK243 e~~~1~66 = ~ - `-d - - - - - F_r:v., ~ s~~~`~