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HomeMy WebLinkAbout1992 6. That (a? :`•c'-:-':: o' =-'a='• :'~ag~ or de•ault oa the pnrt of the rlortgagor. or IDI W the eve~t sny o! sa•i s_-_ --~s :e-M^ .-'rr.e_ a ba r.oi p:o:np:ly and tuUy paid w~thin ten days next attee the same *?•~~-s::: ~r __r :s: ;=:a ~er»a.^i o: : x~ce, or ~c) in the event each artd e~ery the st~pulat~~:s, a6.r~-.c-~ _n•~-~:~ a=_.: r,-;,:n.ss.~:•• n~te and thi~ mortgage, iny or etiher. are not duly. P: c-:; s.r. =a-==_. _:e~. e':ec.e.f. completed, eompued w-ith and ab~ded by. then~ in e,tl:ar or~u.~ such et~er.t. iht sacl`:aarega:r ss:::~ m.•r.;:onrd ~n said prnmissory Aote then tems~Nng ~ unpsid. with iat~r~st a;crued, and a;l moneys sect:eed .*.~reDy, a2:aI! Cacome due and payab:e torth~~-ith. or thero- a[ter. at the op:~on of said ~fortgagee. as tully and corr.ple:ely u it a!: ~t the asid sums ot moary uer~ orig~nsily ~ st~pulated to be paiJ on such day, soything in said pron:issory noLe, and or ln this mortgage to ih~ cont:a:y not- withstanding; and theceupon or thereatter at the optiun ot said ~fortgagee. ~vithout nouce os dcruar.~ saiL st lsw or in equtty. theretofor+s, or thereattec begun. may bs prosecuted as ii all moneys aecured hertby ha3 cu:ured prior to !ts instttution Thst in the event that at ths beginn[ag ot or at any Ume pending any suit upon thts rnort~age, ar Lo foreclose 1~, o~ to retorm l~ and/or to enforce payment ot any claims heKUndsr. aaid Afortgagee a2~.L1 arp.y to the court havina jurisdlctton thereot toc the appolntment o( a Receiver, such coutt ahall torthv?-~Lh a~=eiat • Recefver ot sald mortgaged propezty all and singular. lncluding all and atngular the rents. Income. p:r~:~ fssues and nvenues t~om whstever sou~ce derived, each and evety ot which, it being expreasly unders:ood, :s he~eby mortgaged aa i[ specitically set torth aad descriEed W the granting and haDendum clauaea hereof. aa~,i auch Recetver ahall heve e~ll the broad t~nd ettectlva tunctions and pon•era in anywise erttrusted by a coirt to a Receivu~ snd such appointment ahall be made by such coust a~ an admitted equlty and a mattes of ab- ~olute Nght to said ~iortg~gcs, and without roterence to tha adequacy or tnadequscy ot the valus oi the prop- erty mortgaged or to the solvency or insolvency of sald Mortgagor and/or of the deteadants. and that such rents. protits. income. isaues ~nd ~e~enuas shall ba applled by auch Recelver sccord[ng to the lien aad/or equity o! aaid Mortgages and the practtoe o[ auch court ~ above descr additional loaas or future sdvances made withi~ twenty years imm date hereoi by the mortgagee to said mo successor in title of said mortgagors ot the property hereby conveyed; provided that the tatal unpaid ba an hereby at any one time shall not exceed the maximum principal amount oi __r..--... Dollan plus i~tere~t thereon and any disbursements made by the mortgag e j,ay- II~i WITNF.S3 WHEREOF. ths satd ~dortgagor has exacuted tl~is moet~ag~ under ieal on th~ anQ y~ar herein tir~t above Mrrittea. Slgn aealed and d vered tn the presence ot: •_/J /'0 - ~~s_~ «r ~ ~ /J ~ ~fi~.....~G~r.~~ ~ . ust~,,. $TATE OF A . • ~ te. covrrrY oF.....1Y.~1Jl~.7..~_ .N...._~_......- s~ro~E~ns personauy sgpeand........__.._...DAYII2 A.. FRFF.R_ SR_ Ara Y•:':_ ~ DORIS E. h.i..~..w..~~.....~..... w.~ . _ w. to 7rre w,~I '~nd known to me to be the individual.3 descdbed in and who executed the toregofng instru- ment;:~i~ fld~ed before me that $1?ea~ executed the aame for the purpwes Lhenia expressed. v ~u~' ~ ~ \ ' • . ~~~•i!' - • - ry '^,Q r`..:~~r hand and OfIICW seal this_..... day OL. ]9-~..5 ~ ~ w ~ " ~~:Ei r _ q % ~l; . g J~; . Notary Publlc in aad for M.~ _ :,~c~.~x.. . ' '.:•';~r : the County aad State Aioressid. ~ ' - _ ~ .c My eomrUssioa expires: 3 A~a,t ~ 17 ~ ~ STATF.'biC::~~'~r;~: N ~ COUNTY ,OF..._._....._........._ ~ ~ I Before me personally sppeare~_.___ ~ ~ aad..--•--........_..__........._......_...._.-•------•--.~...._..._. . .r.. W ms Well 3mowa aad I ' ._...........Pnaldent aad...._._.._.~.__... » ~~~7 ~ known Lo me to be the.__..........~._.._. ~ { re~pecttvely of Ws oorporation ; named (n the toregoing instnunent, and known to me to be ths pereons who as such of8cers ot safd corporatio~. ~ executed the same; and then and there the said_._ aa~ the ~e?14 ' i ' ._.....~..dld acknowledgs bstocs me that sald lnstrument 1~ the free act and deed ot sald corporation by them rrapectlvely executed a~ auctt ottlcera for ths purpo~es therein expressed; that the seal thereanto attached ie the oorporate seal by them ta like capaclty af- tixed; all under authorlty In them duly vated by the Board of Dfrectora of aald corporation. ! W1TNE89 my hand and otticial seal this..-•---._...~....__._..day oi_.~. , 19..w ' i~IEC ~+M ' ~4G?UEO ST. WC'' .;::1MTt flA. Notary PubUe tn and tor R"v ~ S ths County snd 3tste Atore~ald. ~ ~ ~ c ~ r- • i ti;;, C UR T a~, Hy commission rxplres: I ° ~ ' . . ~ e ~ o~T ia y o4 a~ ~ry ~ a3~8~~ 50RK 244 PACE~i~92 , ~!F'~~f'.` d~ ~ .-."'1 .,L - i ~ ~ 6~~~ x r3`.~c's ' £ -A"~ ' ; s '~a,,, '~s. ~ ~~~-~-,~`-~s`"~- ~ :~,~,,.r~ ~,,,~~L'~~'- ~ ~ . . , x~»~ _ _ ~ ..e _