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HomeMy WebLinkAbout0075 . 1 'ilut !~1 ~n th~ ~vent ot u+y br~acA ot tAia mort~as~ or dK~ult on the part of th~ UTorts~gor, or 101 t~ ~ tM ev~nt any ot ~a~A aun?a ot money h~re~n ~ef~rred to be not p~omptly tnd tully paid w~thin ten day~ n~at att~r the aame ~everaUy Decome due and p~yable, wathout demand or notice, or ~c? ~n the evt~f each ~nd ~v~ry th~ ~t~pulat~ona, asrcemcnt~, cond~t~on~ and ~o~enanti ot stid prom~aso~y note and th~s murtYast, any or tlther, ~r~ not duly, promptly and tully performb, d~acharged, executed, eftectcl, completM, complied vinth and aa4M by, then~ ~n e~ther or any such event, the aa?J a~~~~~ate sum m~•nt~~ned ~n sa~d promiuory not~ then rema~Nps unpa~d, with ~ntereat ~cerued, anA ~11 money~ ~ecured h~ reby, shall Mcome due and p~yabl• torthwitr, or tht»• st[er, •t the opt~on ot a~~d Mort~agce, u tully and compietely as it sli ot the aaid ~um~ of money w~» oNSu~ally ~ ~t~pulated W M pud on such day, anythln~ ~n ~a~d pron+~ssory note, ~n~i or In thi~ mortgare to th~ contnsy not- w~tAst~~dins; and thereupon o~ thereatter at the opt~on oi sa~d 1?Iortga~ee. ~~•ithout nouc~ or demand. ~ult it Uw or fn equlty. thtsetofon, or tAereestter Desun, may bs proaecuted as it all moneys aeeured henpy !ud nsatur~0 pHor to ib instttutlon. That in th~ event that at ths M~1nn~n~ of or at any tlma pending any auit upon thia mor:~e. or to . loreclosa 1t, or W r~torm tt, and~or to ertorc~ payment ot any cla~mi nereundtr, uid Mort~N ~halt apply to the court havin~ jutisdictton thereot tor the appantment ot a Recef ~ er, ~uch court ~hal! torth~vitA appoiet ~ Recefver ot sald mortgaged property a11 and singular, including ail and a~n~ular the renR~, lncom~, profita. } luuea ~t?d cevenuea from whatever wurce denved, ea~ h and ev~ry ot which. ~t be~na ucprea~ly underatoo0, L he~eby mortgaged a~ it ipecit~cally set forth and deacr~Eed in the Rr;?nt~ng and hsbendutn clauae~ hereof~ and ; ~ucl~ Recelver shall have ~11 the broad and ettecti~s tunct~nn~ and }~~~~~r~ ,n anyw~se entru~ted by a court to • Rece~ver, and sueh appo~ntment shall be rt~pe by such court u an adm~tted equltr and a matttr o[ sa ~ iolut~ ri`ht to sald Mortpgea, and without retere~ e to the ~deyuacy or inadequacy ot the valw ot tM prop- ` •rty mort~saed o~ to i.ke solvency or iniolvency dL~a1d DtortRaRor andio~ ot the d~fendants, and that ~ucA ' nnt~, protib. lncome, ~ssues and recenuea shall D~pplied by iuch RectWer.~~ora,~ co en• u.a aaaio~.~ey ~ ~ o! aald ~toit~~`ee and the practlce of aueh cou~t. ~ f • 8. It is understaxi and agreed that th~s mortgage ~6 R~ven to secure. ~n add~tion to the note or obl~g~tion f above descnbed any add~t~onal loans or tuture advancA~made within twenty yean trom date hercwf by the mortgagee to sa~d mortgagors or any successor in t~tle said mort~agors ot the properiy hereby conveyed; prov~ded that the total unpa~d balance of the indebtedn~A secured hereby at any one t~me shall not exceed the rgax~py~n r ncipal amount ot FGUr Tl'10118dI1 One-~ Hundred ~venty Two Dollars (S 4r~LL•~~ 1. plus interest thereon and any bursements made by the mortgagee far the {.ay- mrnt ot taxes, lev~ec or ~ncurance on the property encum " hereby, w~th ~nterest on such disbursements. D~ WTI`NE33 WHEREOF. th~ sdd lr[ortsa~os Au ~:~cu[~ea thls mortsa~~ under ~eal on th~ Jay and yeu herem tir~t apov~ ae~ittea _ _ _ • Sl~n~d, 7eiJed and deUvered in preaence% ~ ~ ~ . ~ . / ~ ~ / ~ ~ ($FAI,~ /1,~' "~ul A: N ing ~ ~CJ ' ~ (S~FAL) / Aurelia E. Hering ~ ~ ~ . 8TA'i't OF..~I~IDA.._. ~ a ~ CotINT'Y OP'. .ST... L[~IE,... ~ - < I : ~ Heton m~ p~rwaWy appeand-....Paul A. Hering_.and._Aurelia ~..._.Hgring,.,~~,,~ ,y~ife ~ ~ .w--- ~ .of_ 29~....~tt~y.s~ale,....S~larn.e~c.._Ec~ins,.._.Genrgia,...-..-31093.......------•--•-•---.._._. ~ ! to me weil known and known to me to he ~he indiv~dual$.. dacnbed in ~nd wAo exeeutcd t1~~ tore~olnt irutrw i ment~ and acknowled~cd betore me that ..7~ey. e:ecuted the same fo~ ths purpo~e~ th~ran ~prM~d. ~ ~ WI'1NESS my hand .na orn~~~ .~N w,.... 14th....asr or.__.. Se_pt~?;?~~.~..._ ~ 76 ~ . ..res'_`~: -..L'..." ! / - _ i ~ Notary PubLc in aed tot Sdri ~ .~ar~ a the Cotu~ty ~nd 8tab Atorea~ld. . - ~ My commta~~on ~pjru: All LiSt 7 ~ ~ ~9 ~ 7 ~ ~ ~ BTAT~ OF.. ~ . . . ' ~ ' . ° ~ COUNi't oF._ST. I~TCIE ~ . ; ~ _ , - . ~ --..._......_.._...._._....____r._. _ . . Betor~ m• penoaally appeared • - , ' ~ , ~ - - ~ , ~ ~ ` and . tn m~ wW lmows am;";=_ ' ~ ' f ~ . r ~ • ~ ~ known to me w be tha. .............._..........-••._..._...Pr~sldeat wd.___..__.___..__._.._.._.........._....._...-----...__.__..__----_._ ~er~tar~ I , ~ ttw co r~tloa re~pectlvelr ot ...................................•-•......_..._........_._-----_._._...r_~ rpo ~ r~am~d tn We foresoins inatnun~n~ and knorrn to ms to D~ th~ p~nweu wAo a~ ~uih oise~r~ ot adA coepontlon. ~ : ea~cuted t?~e same: and th~n and th~n ths Wd.• ................--..._..._....._...••-•-..................-°-•--...._..._......--••-------•aad !]N s~ld ~ - .._..ma aelcao.rt.as• e.~on m. wc ..1a ~ ~ trutrument u the free act ar~d dNd ot u!Q corporaUon by them »ap~ctlvely ex~vt~A Y n~cb oMdra for ttN ~ purposea tn~retn e:prea~sd; that th~ aea! thereunto attached b th~ oorporat~ au~1 by tMat tn Wc~ c~paelt~ at- tt:ed: W~e.r a„cno~cr e,n.m a~r ...cea er ce. Bo.ra o: n~~eo,~. or.ala ~,oranon. ' 4 WIT'NZSB my hand aad ottfsl~l .............._.....»....~.y 1~..~.~ ~ ~ ~ v~ ...................~....._........r«._.~«.._....""'.......»..~ ; ~ ` ~ Plotar~ PuD11e ln aM for 3 ~ ~GOttO~ tM Comit~ ana atab Atot+~Wa• ~ ~"o ~uM~~ f~ ~cr ~.~..~w~..: ` f 11~~~1E ~ZP+S j ' ~ St.~~ F ~a ~E ; ;,u ` 40 ~ ~ ~oRR ~~a~c~Ea ~ 6 ~;'~~2.~jF~ f ~ E ~ ~ aE~ ~ ~0 al ~ ~ 1 Ec~~:~ Fa~~ 75 ~ z~ `1° ~ _ -