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HomeMy WebLinkAbout0323 d. 'lLat (al te N~ ~vent ot ~ny br~ae?~ of th~s mort~aae or Aefault on the pnrt of t!?e 1?tort~~~or, or ~p1 la tM event any ot uid ~uma ot money h~re~n ~et~ned w De not pr~mptly snd [ulty paid wuhin ten day~ ne~tt dter the sam~ severally become due and p~y~ble, wnthout demand or not~cc, or ~cl m the e~~ent each and every tM ibpulaLtons. a~eements, cood~tions and rovensnq of sud prom,uo~y n~te and th~~ rnurt~a~e, any or elther. an ewt duly. pwmptly and fully pertormd, d?ai:hu~cd, e~cecuted, ef[ecteJ, compleied, complied vinth and ~p~dsd Oy. then. u~ e~thec or any such event, the u~d assreaate sum mrnuoncd ~o sa~d promissory note then ren~a~n~ns unpa~d, with ~nterest acerued, a~d all moneya sea~red h.redy, ahall ~ecume due snd payable lorthw~th, or there- alter. ~t the optloa of aa~d Morteagee, u tully and compietely as 1t sll ot the aaid aums o[ money wtre orlg~nally ~tlpulsted to be paid on wch day, anything in ~aid pronus~ory nete, arnt or fn tA~s nio~tgage to th~ contrarr not- w~thstandint; and thereupon or thereatter at the optu~n ot sa~d 1?Iort~aqee, ~~•lthout nouce or demand. ~ult at 1aw or in eqWty. W~reWfoM or thereatter be~ua, msy be prosccuted as ,t all moneys ~ecured hereby Aad maturb prlor W Ita lnstitutioa T. '!~?at tn tR~ ~~snt that at tM De~ttnnias ot or at at~y time pending any auft upon thb mor:p~e, or to loreclos~ 1~ or W c~form it, andior to entorc~ payment ot any cl~~ms hereunder. aaid Mort~e~ shal! apply to ths couR havins ~uri~dicUon thereof tor the appo?ntment ot ~ Recaver, auch court shall IorthwiN appoint a Receiver ot ~aid mortgagcd property all and s~nsu(ar. includ~ng all and singular the rents, tncotne. prof~ta. lnuei and rev~nua t~om whatever wurce derivcd, ei: h and every ot which, it be~na expresaly under~tood, la berepy mortgaged as ft specitically set torth and descr~ted in the Rr:~nt~ng and habendum clsuses hereof. and wch Retelver shaA Aave W the broad and e[tect~ve tunch~n~ and }H,~~Pr~ ~n nnyvr~~e entruated by a court to a Receiver. a~d such appo?ntment shall be made by auch court us an admitted equfty and ~ mattes ot aD~ aolut~ rtabt W sald Horttagea, ar~d without retennce to the ~dequacy or inadequacy ot the valu~ of th~ prop- trty mort~ed oe to the wlvency or insolvency ot said AtortRagor andior of the defendanta, and th~t ~uch rw~U, proht~. facome, issues and re~•eaues ihall be a~~plied Dy such Recef~~er accordlns to the li~n aud/or equlty ot aald ~[ortsasee and the practlce of aucA court 8. It is understood and agreed that this mortgege ~s Aiven to secure. ~n addu~on to the aote r,r obt~gation above descr~bed a~y additional loans or future advances made within twenty years irom date hereuf b~ the mongasee to sa~d mortgagors or any successor in ti/le oi said mortgagors of the property hereby conveyed; prov~ded that the total unpaid balance ot the indebtedness secured herebp ~t any &e S1Xtha~t~~ exceed the maximum principal amount ot Three thousand seven hun r@Cl y' Dollars (i ~n plus interest thereen and any disbursements made by the mortgagee for the pay- ment ot t~1t vi "iDr insurance on the property encumblred f~ereby. with enterest on such d~sbursements. II~T W1TI~L33 WHLREOF, ths ufd lriort6asor 1w •secuted thii mortsaa~ under iea! on the day and year herein lirst abov~ wrlttenl - ed, ~ealed and deHveted In-the prcsence o[: ~ . ~ l~ / ~ ~ ~ ~j~~~ / ~?Y"Ct.~. ?1 (Srw' t ' - ~ - ~1 e,rt ~t Wrig _ E t L~ ~ ' ) ~ F orance A.~ ri ` ~ ~ , ~ ( SEAL) p s~rwTa oF.k~IAA--•- Audrey P cell - ' , ~ _ ~ COLTNTY OF... ~ .LI~IE ~ Albert J: Wri ht and Florance A. Wright, his wife ; Beton mt p~rsonally aP er~--_..--•---•--_......_...._..._._..._g..._..___---.- ; and Audrey ~ Purce 1 of 2903 N . Harrison, Or~ari~o ~ ~ 32gp2-~ ' .................~.."'"".......'"'_""'....»«».«...»._..""""_'~""""""""""""".."...._....«"'.'r"^""' F to me wel! knov?rn and knovvn to me to he the indlv~dual .g deacnbed in and who executed ths fore`oln~ lnstru- men~ and acfcnowled~ed before me that .~h executed the same for the purposes th~rein ex¢rwad. ~ ~ R'ITPIESS my hand and offfcta! seal Wi......l.G ................day of._._.__...._.1'.~,~ 10.._ 7 6 4 l ~ f. . - Notary PubUc tn aad ! . Ros 8 iqno 1, I I I ' tAe County aad 8tate My commlai~n~e,zPK~l~~ os f1o:.d, o~ to*9~ STA'!'S OF._. ~ • - - r:~•~y h ~ Jl . LUCIE ~ . , . Fan.rrs '9-Q COUM'Y OF.- f:-{ t. _ , E_ . :.t r~ Betor~ a~e penonally appeared--------~- ~ ~ aad.._..--_•-........------•--..._ to m~ weU lwown aaa known tc~ me to be the.•--...._.._.._ .......................Pr~deat and...•----_.__.._.._.._........--•--...••-_-••-•---_.__.__..__...._-._._. 8~cntar~ ~ respeetlvely of tb~ wrponUon _ re=ole~ iiutnim~nt, aad known co me W bs the penons w1?o a~ ~uc~ oftfc~» ot aafd corpo»tioa. ~ aam~d !n LLs to ~ executed the same; at?d then aad th~rs ths sald..__...._..•---•••---•••--••••-•--•...__...-•--._._.._._.._ ....................•--...._.._._.aaa th~ ~ala ~ ,r ._~..~dla acl~nowlsd~e b~tor~ me tlut ~ald Wtrument fi the free act and deed ot sald corpontlon Dy thew nipscqvely e~ecuted ~s such oMc~n !or th~ pue~po~sa therein expnsaed: that the ~eal thereuato attacAed U th~ corporate ~al Dy them tn lllcs capuity ~f- ~ tiued: W und~r wthorlty in th~m duly vested by tbe Board o! Directors ot ~a1d corporaU~. ~ :R wrrxrss mr n.~a .aa ore~ w,......._.__._._._..a.r ar._._._.._.._--------------~........___......-----.., io..__ ~ ~ . ~ Notary PuDifc tn and for t~ Couat~ and stat~ Aforr~ta. `r= ~ ~[y CpIN1LjNlpp ~p1Tq: ~ . w ~ _I ~ f ~ _ ~:aiJ PA"vf ~ ~ . ' ~ ~ _ ~ ~ 4 - . ~ _ _ _ . ~ , - _ _ _ . , _ r. ~