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HomeMy WebLinkAbout0313 S 7 1 d. That (~1 ln th~ eve~t ot any breac~ ot thb mottg~e or default or~ the pnrt ot the ~IortgnFo~, or tn ~ ths event any ct uid sums ot money Aare?n retened to be not pe~amptly and fully piud w~thin ten dayi next ~lte~ the same sever~lly become due and poyable, vinthout dcmand o~ not~ce, or ~c) ~n the e~•e~l each and e~•e~~r ; Ne st~pulauons. sgreements, rond~t~ons and rovenants ot u~J promasaoiy n~,ia and thia nu~~t~age, a;~y or etth~r, t ase not dulp, p~omptty and [ully pertormed. d~scha~~ed. executed, e[[ecte.f. comaloted. compGed wnth snd ebided Z by. then. m eitAe~ o~ any such event. the sud agg~egate aum m~•nt~one.i ~o sa~d pmm~ssory note U~cn rcma~n~nR unpa~d, w~th intr~c3, accrued, and all moneys xcurtrl t~.•reby. ahall beconie dne and payable forthw~th, or there- ~ atter, at the option ot said Mo~tgagee. as tully a+id completcly aa ~t all ot the sa~d sums of mon~y w~ere o~ig~nally i at~pulated to be pa~d on auch day. ~nything in aa~d promfasory note, um1 or in this mor:gage to the contcuy not- - ~ w~thstand~ng; and there~pon or therea[t~r st the option ot sald 1?I~rt~agee. ~~ithout not~ce or demand, auit at ~ law •.r ~n equlty. th~retotore, or thereatte~ begun, may bs prosecuted as it a!1 moneys aecured heteby Md matured prior W its u?suwtioa ; ~ T. 'I1~at in the event that at ths beglnair~ ot ur at anY tlme pending any auit upon thb mortgege. or to ' toreclose it~ or to satorm i~ and/or to enforos payment ot any claims hereunder, snid Mortgagee shall ap;+ly ' to the court Ravi~ ~uri~dictian thereot for the appaintment o[ a Rece~ver, auch court ahall torthwith appo~nt a Receiver o[ said mortgaged property all snd aingutar, l~duding all and singular the rents, inrome. prof~ts. lssues and revenuea twm wtwtzver sou.ce derived~ ea.h and every ot ~vhich, it bein~ expressly underatood, b hereby mertgaged a~ it apeci[ically set tartR and descnted :n the Rras~ting anJ habendum clau~es hereot. and ~uch Rece?ver shall have all the broad a~d ettective functinns and {H~~~•~r~ in ai~ywlse entrusted by a court to a Rsce~ver. aod auch wppointment ahall be mnde by such court as sn sdmitted equitq aad a matte~ ot ab- iolute riRht to sald Mort~ee, ~nd without reterenre~ to the adequacy or inadequacy ot the value of the prnp- ~ erty mortasged o~ to the solvency or tn~olvency o[ said MortgaAor a~d ior ot the detendwnts. and tAat such rents. proftts. income, is~u~ and ~e~enuas ahsli be a~~plied by auch Recei~er according Lo the Uea and/or equity 1 ot safd D~tortgagee and the pr*^tt.-e ot auch cwurG a.~R~tsmft3~ersmod and ag~red~et~r etAs-mmtgag~ fsgfvrn~tozerarc. ~irr ~d~lteMrree~ttti~~?ece al~avc descr~bed any additioaal loar~s or tutuce advances made with~n twertty e ereot by th~ ~ moriga~ee to ~a~d munqagc:a or any successor in title oi said e property hereby conveyed; prov~dect that the total unpa~d balance of t ted hereby at any one time shall not exceed ~ the n~aximu~ p~inci ~ - DoUars 3 t 1, Elus interest thereen and a~~ disbursements made bv the~mo~t~ag ee tor the ~a~•- : inc•n orTazes: TevTeTs'b?TrisuFanFe ori t!~ p'roper~y' enci~m~reaTie~eby;'witfiinreie's~ori sucb ds~urs'ements. . ~T WITNES3 WFIERSOF, ths aald Hort~or bu executed this mortgage under seal on the day and yeu here~n fint Rbove wtltte~L 3t6ned, aealed and deUvered ta tAe pnaence o[: - ~ (SEAL) - n Kreis . (SEAL) ; e ~ AL) ' rt A. pe ~ Florida ~ (SEAL) • STATE OF-•--._.__....._ ) , M~~ Gloria.~ Ep r on ~ COt7NTY OF__...__....._...__.---_-----••-----.-•-) t t HAZEN KREIS and ROBERT A.,~, EPPE~I~~~'~.;~ Hefore me personally appeared_..._.~ _ ~ ~ .._...._.._._.._...._.............__......__......_._1.,~.e..~:,:._.:.. - . - - , ,,s'. ~ •11~~`V . Co me v~dl kno~~n and kno~~-n t~ mp to ~tne~jndividua~__, deacribed in aad v~ho exeCUted the er~~~nst~y-~: ~ ~ ment, and uknowledged betore me that _...hey.. eaecuted the seme for the purpo~es therein expr~bd.i ~ p+• . # WTITTESS my hand and oificfal seal this---••.-~ _~...._day of~~ . ~ F-'- ~ ~-N , - - ~ w ~i ~ ~ Cl/ _-l••~~ ; - 3 . _ - _ - ~ r (~,G' 'r. ; . t;:1~ Notary Yublic in aad for ' the County aad State Aforesaid. ` _ My commlasion expirea: ' ~ ~ I 1 . ~ ~!'ATE OF TENNESSEE ) - _ . . ss COITNTY OF KNOX } The f,oreqoing instrurnent was acknowledged before me tris day of 1976, by MAR,~E I~'REyS an~ GLORSA ~ EPPER.90N. - ~~~r,f,0~`~ 33,.2ti~i~~. ' ' . . ' . Sj `C'~~a i~K~CSSat ~`C . i : .~Notar se ~ ~~+j l, - : ^ a.~ 'r : . ~ ' .cc: • - - ~ / - ~:.~i,~c~_ - a~ rlotar P~~b c` f _ - , 46 p ~ - ptR13 11 My ~;ommission E ires: ~ . " ~ ~ ~i ~ , , . ~ J(,t ~ f . ~ _ ~ ~ - - ~ ~ - s i ~ - i E~ ~ 25i 31~ ~ ~ . ~ - - _ _ ~ _ ~ _ .