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HomeMy WebLinkAbout1275 a~~7 3 d, Tlut (a1 la t2?~ ~wnt o! any b~ta~ ot this mort~a~ or d~tault oa th~ part ot t!» l?lo~Kor. or (D) ta th~' ~v~nt ~ny ot aaid aums ot mon~y h~nU1 r~t~rrad t,o bs aot promptly and tulUr p~W withfA tea dyrs next att~e th~ sanu sev~~ally becom~ du~ and payabl~, wfthout demand or not~ce, or ~c) tn tM ev~nt uch and ~v~ry the aupulauons. agr~ements. conditiona ~nd ~~overtants ot uid prom~sso~y not~ and Shis mortgag~ aqy or elthes, ar~ not duly. Promptly ~ad tully pertormed. dischuged. executed, etlecte~i~ cornpletad. compll~d wiW aAd abided Dy. th~n. in eith~e or any sucb ev~n~ tM aaid a8g~~~ate sum mcotioned in said promissory nott thea remainin~ unpa~d, with inttlreat accrued. and aU moneys aecured hrreby. ahall become du~ and payabl~ tortAwlth. or Wen- atter. at th~ option ot said Mo~t~ages, aa tully and complKely as it sll o[ t1~e ss~d surns ot mo~y werr orl~inalqr stipulsted to b~ paid on auch day. arU?thing in said pcomisaory note. and/or in thb mortga;~ to tD~ coutrary npL. withstanding: and th~ceupo~ oe thereafter st the optlon ot aaid Aiortga~ee. ~~ithout ao4c~ or demand. suit at lsw or in equlty~ th~reWtore~, or Wer~attee begun, may bs prosecuted as U aU mwieys s~curod b~e~eDy had matut~d pdor W tta institutioa T. That la th~ ev~nt that at tM b~faatna ot or at aq~r ttu?~ pending any suit upoa thls anort~as~, or to foreclose it, or to r~torm t~ and/Qr to enforc~ payment ot any clalma b~reund~r, said ~[o~ i1W1 appl,r to the court hsvins jurisdlctlon tAereot tor the appo[ntmeat ot a Receiver. auch coust shW orthrrith appolat a Recefvar ot said mortgag~d property a11 and sinYular. including ~11 and singWar tbe r~ts~ Moo~a~, protlts. issues and revenues twtn whatever soure~ derived. each and every ot wNcb. it bein6 expt~ss~ ut~d~tstood~ is hereby mortgaged as it specitically aet torth and deacriled [n the grunting ai?d habendum cLusq hato~. atd ~uch R~ceiver ahW hav~ all the brosd and ettect?ye functinns and po«ers i~ anywts~ ent~vsted by a cou:t to a Recelvar~ and such ~?ppointmei?t shdl be made by such court as an admitted equtt~ aod a afstLet ot ab- solute risht to aaid 2~tort~aagee. and without retereace to the adequacy or inad~qwq ot the valw o! th~ prop- erty mortgaged or to ths solvency or insolvency at said rtortgagor and/or ot the dstendaata~, aad that auch rents. proHta. income. Lwues and re~ enuq shsll be spplied by auch fieceiver accotditss to tl~ Wo aad/oe squit~ ot said Mort~aga~ aad the prsctJG of sucb court 8. It is understood and agreed that this morigage is given to secure. in addition to the note or obli~ation above described any additional losns or iuture advances made within twenb? years fmm date hereof by the mortgagee to said mortgagors or any successor in title o1 said mortgagors oi the property hereby coaveired; provide3 that the totai unpaid balance oi the indebtedness secured hereby at an~y oae time shaU not exceed the maximum principal amouat of ~ Dollars (5......----.._.---.___.~_-_--.J. Plus interest thereon and aRY diabursementa made by the mortgagee ior the pay- ment oi taxes. levies or insurance on the properiy encumbered hereby. with interest on such disburaements. II~ WTTNESS WHERbO~'. tM sald Mortgaaos bu executad tWs mort;ap ua~d~r s~al on tD~ d~ aud ~ear heteln llist abov~ Mrrlttea. SI`aed, sealed aad dellvered in tbe presence of: ~ 4 X ~ ~ • Will L. Kellogg As to Wi L. Kelloqg d~~W ~ Patricia T. Kello g X~' Patricia T. Kellog ~ ~ 8TATE OF....._. ~~4I.~----- ~ Martin p' ~ COLJNTY OF..._.._. - serors a?a parsona~ty ap h1i11 L. and Patricia T.__Kelloaq to me wdl known and known to me to be the individual.S deacribed in aad wbo execnted the forega~n~ ~ ~ meat, and acknowledged beion me that .~hey executed the sama for the purpo~es th~rela expreased ~ j WITNESS my l~and and oftlcial seal this..__..... d+~y o . t • ~i ~ • E E ~ NoLaT~ Pi1bl3C 1n 8ad iCr ~ ~ i the Couat~? aad State Ai ' p'~ - , s F I Ilf1'r~FR4'P~.~.'~~i°~ l7or~d~ ~ ' ~ 3TATE OF. My Commission Expir~t NowMbiF ~ t~ se.ua e,~ au7o owMCas ~ COIINTY OF..._......._~ A ~ l~NiNNlN~ Before me persoaally appeared......._...---•----•--.._...... aa~........_...__ W ms weD ]mowa sad known to me W bs the ..............._._.......__._.......Prealdent aad..... ~~°~7 ~ respectively of ths oorporatioa ~ named ia the tongoing inetnunmt, and kno~rn to me to be ths persons w1~o aa such omcers oi sald corporation. e executed the aame; and then and there ths said.._..~._..._. ........._._r. •*+a th~ sald d!Q aclmowledge bsfose me that ~aid ~ instrument 1~ the tree act and deed ot said corporation by them respecUvely exec~ted ss auch ofticera tor ths ~ purpo~e~ therein expressed: that the aeal thereunto et:ached ls ths corpore?te seal bg them in Wce csP~iLY ~ ~ tixed; all under authorlty tn them duly veated by the Baa~ of Directors ot aaid corporstlon. ~ ~ ~YiTNESS mq hand and otflctal ual this._._._...._...~_..._dsy of 18.r s ~ ~ , JEO Notarp Pab11c tn and for a, F1tE~ ?~ri'.;~UKt`f Fl~~ the Count~ aad State Atoressld. ~ St. ~C~.F :y?RAS 1 L~o My coa~faslon esptc+es' ~ _ ~=ti~,n CC'JR . ~ r~~r'' ''l ~ a 2ga~'~~ . o R 600K~~5 PACf~~~ 3zo23s , - ~~,.~:.,4~~~~:.~~ _ - ~