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HomeMy WebLinkAbout0504 ~~tI1d~Nf~ut~r sr~wPS ~n,?c~p .~..,.~~WY±IL J!IOTt /WD CMCtWO , A. ?Aat (a) tp tl~~ ~vert of any b[*ach ot thta mort~aae or de~ault oe the part o! Ne :?tort~n~o~, or ~p~ ta tA~ ~wnt any o[, eaid ~ums ot ;noney h~reta rete~red to be not promptly and tully paid within ten daya ~ext atter tht same severally becom~ due and payable, w~tAout demand or not~c~, or ~cl ~a tht e~•ent eacA and every tM ~upulaUOns. t~rtementa, condit~ona and rovena~ta of sa~d prom?sso~ y note and thu mr,rtgage. any or tlther, ar~ tat duly. promp.ly iutd tully perlormed. disrhargcd. executed, et[ectN, completed. coropued v?nth and ab~ded by. then. ia eithe~ or sey such evertt. the aard aggregate sum m~~nt~one~i m sa?d prom~ssory note then ren~a~rung unpaiQ with interest Rcerued. and aU moneys secured h~reby. shall becwme due snd pa~•aDle lostAwith. or thera attar. at the oplion ot aaid I?tor~gagse. as [ully and compietely as it a11 ot the saud Yums oi mo~ey wtre ongmally ~tipulated to be pai~ on such day, a~ythfrfa in aa~d pron~~ssory note, an~i ur tn this mortgage to th~ rantsuy not• withstandlnP;• and theceu~on or thereafter at the opt~~~n o[ aa~d Alortgagee, ~i•~thout ooGCe or demand, auit at l~w or ia e~ulty. thereWion„ or thereattar be~un. may De prosec~!ted as ~t all moneys aecured hereby !ud matured ~ prlor to tt, insucuuoa ~ 7. Th~t In th~ e~ent ttu~t at ths at?y pe ~g sny suit u ~ oe~lnains ot -or at tftne ndi pon thli morL~s~e. or to loseclo~ 1~ or to reform it~ andlo~ to entoros payment ot any ~Is,ms hereund~r. aaid I?[ortsssa s1W1 apply ~ to the court havtns iurisdictJon thereot tor tAe appoin;ment ot a Receiver. auch court shall torthwfW sppoint ~ a Reca?ver of said mortgaged property a!1 and singular, including all and aingular the rentd, tncome. pconta„ 1tst~q iu~d revenues trom whateves aource derived, ea.•h and every ot which, it beina expressiy tuidentood. la j ~eceby mortgsged as it ~peeifically set torth and descr~ted in the granting and habendum clauaea hereot~ and 1 such Receiver shall have W the broad and ettective tunet~on~ and ~H,~.•era m anyw~se entnisted by a court ' to a Rece/ver~ and sueh ~ppointment shaU be made by such court as dn a~imitted equlty and a matter ot ab- ; ~olut~ titbt to uld Ir[ortsagee, and without rsterence to tt+e adequacy or inadequacy ot the valw oi the prop- : ~rt,p mort[ated or to th! wlveacy or lnsoFvency ot qid 1?tortRagor andioe of the detendan4. and that auch ~ rwrts, prolits. incoine. issues end re.-e~ues ihW De applied by auch Receiver accordina to tAe li~n siW/or equlty ~ of ~aid ~tortta~ee and the pracuce of such coarG , ~ 8. It is undetstood and agreed that this mortgage is given to secure, in addition to the note or obl~gatiun • i _ above described any additional loans or future advances made within twenty years trom date hereuf by the i mongagee to ~aid mortgagors or any successor in title ot said mortgagors ot the property hereby conveyed; ; prov~ded tl~at the tota! unpaid balance of-the indebtedness secured hereby at any one t~me shall not exceed the maximum principal amount oi ~ DoUars 1 (S plus interest thereon and any disbursements made by the morigagee far the pay- ~ ment of taxes, levies or insuranc~ on the property encumbered hereby, with interest on such disbu~sements. II~i W11'rTE33 oV~OF. tbs sald ldortsa`or l~u ~xecuted tNs mortsase undes aeal on the day and yeu lurein tint ~ova wrftten. ~ 9ljuued, realed and dellvered ln the presence ot: . ~ , ~ i` ~C C" L- ~L Cc- -C _ Ir. S . w_ _ G ORGT ISS ~ ' _ ~ A to George Mankiss and ~ - Marilyn Mankiss ~r; ~ ~ , ; . • . L.S. f MARILYN MANKISS~.° ~ ~jQD~i-`/Yle- Q/~/T'~('~ ~c/ ~ _ ~ R~ OF.._...~.... * : ~a : ~ O~ O!'.•-....- i S r . O - ~ tJ~~ J r/~7~ ~,~~G ~ r/ G$ORGE NANKISS and MARILYN MANKISS, ` Helon m~ y appea~ed.__.. ___._.._._.~........._..__......_....~...._..----_...._...r ~ ` _ ....................__.__..._._...._...__...______._...-----........__.._.___....ha.,s_..~Q..._._.___..._---_.._............_._.._..... ~ ~ to me wdl known and known to me to he the~ndividualS. describM in and who executed ths forego!ng lnstru- ment, aad uknowledged befon me 4'~at t_heY_ executed the same tor the purposes thenin expressed. , WITNESS my hand and otilcW seal this__..._.~ (~...day or March .M..__ i~ ~S - _ .......__~~Q~...~!~ ~ Notary Publ!c in aad tor _ : the County and /~i~~#' ` ~ ' ° ~ STA1'B OF....-•--••..._...._.__ My commisslon e~p!le+: /P/~~A ~~~Y'~:!'r~~'% `t+ < • - . : . r = ~ OOUPITY OF---_..~_....._._..._._._...._...___.._ ~ ~ : ' . ~ ~ ~ ~ . J ' ~ . , f ~ ~ _ . ` i • . y ~ - r . S . - . - . ~ ~ . . = ' a Btetor~ cne PeraonallY aPPa?red s Z~ . _ . - . au~_..----• . to ms "-e~' . ~ ~ r~~ = ~ _ Icnown to me to ba the_..---....._.~._. .Pre~dent oa~..._~......_..r~. ~ ~ f ~ .r~ . , . v eesp.-=iively of ~ the corponuoa' ' ' ~ nam~d ia the tore~ofn` in~trumwt, and known W roe to be th~ penwu wbo a~ iucb ofII~es of ~afd corpontlon. ~ e:ecuted the ume: and then sud tb~rs the ~aid.._......_-•-.._......._._.._._ ......................_...._...._.._.......---------•aad tbs ~atA : ------_.._.----•---•---•----...__.......r.._ aclcao~rledse D~?or~ me t2ut sala ' i~utrument ta the free ut and deed of satd corpontlon by them ~eapsetively esecuted u~uch otllcers for tb~ purpwe~ ihenin exprea~ad: that the ~eal thenunto attachcd th~ corporate ~eal by thaan Us Lke cspufty d- f~ced: W uader authorlty in thsm duly veited by tbe Board of Directon o! uid oorporatloa. wrrrrr.sa ~y n.~n .aa ot~w _..a.y os s - s c Notarp Pnbilc tn aad for p- tDe Count~ and State wtors~ald. • LED ~ j~N~~ O~ A• xr oomaU.aon eiptna: ~o~ "~o y `3~~4p ~ :~~c ~~~M+-~~'~ r ~R iL ~i ~~f 1 ~ , - - ~ n.- _ = ~ ~ ~ . a ~ ~