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HomeMy WebLinkAbout0645 . ~ • . ' , ~ ~ i ~ TAat lal In tA~ ~vent ot any bnael~ ot thl~ mor ~ 1~~~ or d~tault on the patt ot the l~tort~a~o~, or !b1 ta { N~ event any o[ aa~d ~ums at mon~y A~rNO nt~rr~d co b~ not prompily snd fully pud w,tl~in ten day~ ntxt = ~tt~r th~ wr?~ ~eve~sUy Decome du~ and payapl~, vnthout demand or not~ce, or ~ c 1~o the event e~ch and tv~~y N~ •upnlations, ~reemenb, co~d~t~on~ and coven~nta ot uid p~om,ss~~~y n.,te and this mr,rt~a~e, any or tfther, ar~ not duly, promptly and lully perto~m~d, d~scha~ged, executed, et[ected, completed, complied with anq .e~a.d by, then. in e~the~ or u+y auch event. the ~~~d a6er~gste aum m~•nt~oned ~n sa~d prom~ssory note lhe~ rcrosinltts uopa~d, w~tA mtr~est accrued, t~A all moneys secur~d n.reDy, shall becume due and payable torthwith, of then- atter. at the option ot sa~d Mort~agee, as tully and completcly u~t all ot the sa,d sun~s oi money wer~ ori~«ally at~pulated to be pa~J on such day, anythln~ ~n sa~d prom~ssory qete, an~t or tn thu rrzortgage to th~ contrety not- t withstanding; aed thereupon or therea~ter ~t the opt~on ot sa~d I?tort~agee. ~~•~thout notice or demanQ tult ~t f 1aw or in equlty, thentoton, or tl~ere~itee be~un, msy be proaecutcd aa it all moneys aecu~ed hereby tud m~tur~d i pcior to ita insutuuon. . : , T. That In th~ event that at th~ b~~tnnlnt ot or at any tlme pend~ng any sult upon tht~ mortra~~~ or W lorecloss 1~ or to ntorm It. and/or to. ~nforc~ payment ot any cla,ms hereund~r, ~a~d bto~t~N ~hall ~pply to tha court Aav~nt iurladictton thereot for tha appointment ot a Rece~ve~, iuch court shal! forV~with appolr~t a Recelves ot said mortgaged p~operty all an4 a?nRular. Including alt and s?n~lar the rents, tncome, protlta. Wuea and e~evenues ~rorn whstever sou~ce denved, ea: h and every o[ w•h~ch. ~t being expcesaly understood~ t~ ~eraby martgaged aa specilically set tortA and descntcd in the Rrunt:ng and haDendum claust~ hereof. and ~uch R~ce?ver shall h~ve all the brosd and ettect~ve tunct~nn~ and ~,u~~. ~ro ~n anyw~se entrusted ~y ~ eoutt to t Receivar. and auci~ appo~ntment ahall be made by ~uch court aa en admttted cquity and a mattet ot ab- •olut~ riaht to sald Mortpge~, and without refecence to ths adequacy or ~nadequacy ot the value of the prop- ~rty mortta~ed or to the solvency or insolvency ot uld ~tortRagor andinr ot the deferfdants, and th~t ~ttM rents, prodta, income, lssues and re.•enuci shall be sppUed by such Recel~'er According to the lien aad/or equlty of sald ltort~~te and the pr~ctice ot auch cour~ above descr itional toans or future adv~nces made w~thin twenty years from date hereof by the mortgagee to ~a~d mortga ~tle ot said mortgagors ot the p~operty hereby conveyed; provided that the total unpa~d balance ot the in e b~t any on~ time shall not exceed the max~mum principat amount af Dollars (i l, plus interest thereon and any disbursements made by the mortaa e~y_ IN WITNESS WHLREOP', Ns uid ~iort~a~or has ~aecuted thii mortRat~ under sea! on the day and year hcrein ffnt a~ove wreittaa $tEi?~ealed ~nd aeliver 1n the presence o[: ; ' ~ . `G'`t ' ' ' 'Z`-~. ~ ~ - - - ~CC~~ - '~-r:r' ~ X ~ ~~~6 ~ . _ _ ` - ~ • I J-~ ~.....~...~-..'1:~~. ~~:~.4. x .r:;1 y~ ~ ~ : . ; ~ STAT'a OF...~''.JrQ~SIlA._._...-•-••••-••-•••, 4 ~ covrrr~r oF_......~A.BTZN....._. i ~°8ltore me p~rsoaally ~Qpeared......•--•-••~~3:1:~3~&I~-•Er•--i~00~'E,'-....~.IIIC~......All~r@~T_.M~...Moo.r-~T.-- ~ ~ C.. } : his - - wife ...~~..~.~~..r;~ ' . - _ . ~ • ~ • ..------------.._..a....._.._ ~~D me well khp~rn tnd know~r? to m~ to Ae the indiv~dualS.. descnbed in and who executed ths tore`olns lnatrtl- ~::m¢u~-~t~~A~6~+16dged betore me that .tha~f. e~cecuted the sune tor the purposes thtreui ssprw~d. . ~y ~ ~ : ~iT~E3g my hand ~nd ottlctal seal thi~_..... ~ y ` • - - J ~ - .•-••-_...-••--..d~ Of_._..~_..IGw~~ 19.7~ _ f~` U 3 ~.,.1 ~ - - Lt,c.~,a-!'t~a... L . '2.~~.~ ~ Notary Public !n aud tor the County and State Aforciald. - My commtasion expires: p 7p STA'PE OF.........••---.._ ! COUNTY ...................•••-•............_y sa. Betor~ e peraonally appear and ..._._....._._.__w_..._....._.._.._ to • w~ll ]mown aa0 known W me W be e_........••--••--•-•••-•••-......... Prrrldeat ~nd..__.~._.~.. B~cr~tar~ respectlvely of t2f oorpotstloa na~ed in the toresolnt trumue~ and known to e to De th~ pet~wu w!a ~uc2i o!li~~rs of ~ald rsUou. \ ea~c~ed the same; ~d the aad th~rs th~ uld...•-•.. ................................~__aM __._._...__.._....__._._..__did u leds~ b~fot~ mt th~t , lnrtrument s the iree act and d o! sald corpontton b tAam resp~ctlvely execut~4 acb oMqrs !oe tb~ purposes th in expres~ed: that •~eal thereuato att i~ th~ corporst~ ~eal by th 1n lflc~ capaclty ~t- ~ [t:M; all un tut?~otlty 1n t?~~m y vqted py th~ Bo~rd DtrecWn ot sald corpor~tloa ~ my naaa ane o~ilctat ..ai ws...........___.___. _.eay ot..__ ls..~ s . ; ~ ; . ; Notary PuDUc In ar~d tor ; ~ MCG'~~ LIf~ (:Oltn~~ anA 8tit~ AtOJ'a~LIO. ~ 1.~,u '%~~~N R?j t t t Yy oommLdoo ~sptra: ti~.~ Q~E~ OQ~~ c~ ~E).)~~~ FC~~~ y~~,f ~O ' a 46 p~ ~b ~ : ~ ~ ~ FAGE 639 o~~ ~ -