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d. Tfut (a! ie ttii e~ent of any b~ewch of tAis mottgage or detault on the pn~t ot ehe Atartga~or, or ~
th~ event ai?y of uid sums ot money h~re~e ret~rred w be nat pmmptly and tully paid within ten dsya ne
~Ite~ tha same severally become due and payibl~, witRout demand or ~ot~cP, or ~c) in the event each snd e~•ery
the st~pulaUons. aRreeme~ta, cond~t~ons lutd rovenants oi ~.~~d prom,sso~y note and th~s mr,rt~age. any o~ elthee.
an not duly. promptly and tuily pertormed. d?acharged, executed, e[tecteJ, completed, complied with and abided
by. ther~. in either or any such event. the sa~d aggregate sum mrnt~oned ~n sa~d p~om~saory note then rema~rung
unps~d, witb intere~t accrued, a~d all money~ sc«~red h.nby, shall becupu due and pa~•able torthKith, or there-
atte~, at the option ot aaid Mortg+~Bee. ~a tully and c~mpletely as i! all ot the said sums ot money were o~lginally
stlpulated to be pai~ on euch rJay, any4hleg in ~a~d promissory note, sn~1 or in th~s mnrtrr.pw e.. eti. ....,,e._r_. -
u.:~4~?'..A~w~. ~~J •?-i` . _ ~ _ ' "
_ _::e, c.. va ~i~oic~iie~ s~ lnl; ONl1uI1 OI S81(~ A10i~6'8gtC, ~~•ithout nouce or demanQ ~ult t~
1aw or ia eqWty, +th~retofor~.-or thereatter be~un, may be prosecuted as it all moneys aecured hereby had rastured
prlor W fts ir~stltutloa . ;
7. That in t~~ event tAat at the Deglnning ot or at any tlme pending any auit upon this morigs~e~ or to
foreclose it~ or to reform tt, andr or to enforce psyment oi any cls~rr~ hereunder, said Mortgsaei ~hW apply ?
to the coutt havit?~ ~uriadicdon therrot tor the appolntment ot a Rece~ver. such eourt ahall totthwith appoiat
• Recelvcr ot ssid morigaged property all and singular. fncluding all and aingular the rents, Income, proflta.
lasues and revenua tmm whatever wurce derlved, earh and e~•ery of wRtch; it being expressly understood, L
nereby mortgaged as it specitically aet torth and descnt,ed in the Rrant?ng and habendum elaus~a hereot, and
~ueb Recefver ahall h~ve a11 the b~oad and etfective functi~n~ and ~w~~~er~ in anywise entnisttd by a court
to a Receiver. and such appointment shall be made by such court as an admittcd equlty and a matter ot ab-
wlut~ risht to ~ s~1d ]riortssgee, ai?d wfthout re[erence to the adeyuacy or inadequacy oi the value o! the prop-
trty mort~aged or to the aolvency or inaolvency o[ sald 1?tort~agor and~oe ot the detendan4, ~nd thst such
r~nL, pr+otits, income, issues ~nd re~~enues shall be applied by such Receiver accordfng Lo the llea and/or equity
of said Hortgagee and the practice ot such courG
8. It is undentood and agreed, that this mortgage is Riven to secure, in addition to the note or obl~gation
above described any additional loans or tuture ad~ances made within twenty years trom date hereut by the
mortgagee to ~aid mortgagors or any successor in title ot said mortgagors of the property hereby conveyed;
provided that the total unpa~d balance oi the indebtedncss secured hereby at any one time shali not exceed
the maximum principal amount of Doltars
(s plus interest thereon and any disbursements made by the mortgagee for the {,ay-
mrnt of taxes, levies or insurance on the property encumbered hereb}, with interest on such disbursements.
II~i WTTNLrS3 WHLrR1rAF~ the sald ytost~ator na~ ex ted this mortsags under seal on the day and yeu
Aerein tirst abov~ ariftea.
8lsned. ~ealed and deUvered tn the presence ot:
~ ' ~
c~~..~..~.~. ` _ ~ ~ .
~ .
?~~~~~a~,,.. ,
As to Joseph~ . Carmi.chae~ ~~aiicl
Frances L. Carn?ichael V~ ..u,-_ .S.
FRA CES L. CA ICAAEL
;
c~r ~ylr!"
~:,~T~ d~
~a _.._.w_.~ . t ~a
_ . .G.f~
OS C CARMICAAEL and FRANCFS L,
t? 7 aPPeand......_.._...~......~
~'s„ '....--.-•w.-•-- ~~~'i~ '~i~+.s....~~.5..
1b!~. ~@
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~po tad known to me to be the individUalS. described in ~nd who executed the toregoing instru-
'~~~~C1rn , led~ed before me that .the.3T executed the e for Lhe purpoxa therein expreaaed.
e
WIT1~S3 my hand and offlctd iea! this....-••-~r. ........day oL.~~~ 19---75
..~I~!~_..._....~.._..._........._
Notary Pubuc and :or
- the County and State Afonaaid.
My commteaion rspina:
STA'I'E OI+' ~
M~A~wA w~
wva~at vc--'-.._..._...._._....'-•'»-•...__....'-'' Ss.
Betor~ me PersonallY aPPeared
and to ms wall lcnmaa aad
knowa to me to bs We..........._.._......_......_...._..Pre~deat aad_.._.._....__.__.._.._._-•-_--•-•-• Secretaq
reepectively of ..._._.r......_._.....__.__..»__......~..., the corporatlon ~
nam~d in Ws for~oin~ instsum~a~ ~nd known W me to bs the penaiu wbo a~ ~uch o!lfcsr~ oi aafd corporatlon.
executed the same; ~ad fhea aAd tb~re the ~atd ................._..------.._......---•-----._....._.._..~..........w......._.._.._.._...and Lhe s~ld ;
f
.~...dtd uknowledas bafor~ me that u~id ?
instrument U the free act and dead Of said corpontlon by thcm respsctlvely exeevted as ~ucb otllcen for th~
Pnrpoaea thentn eapres~ed: that the ~eal thennato attached b the oorponte ~eal br tham in llke capulty at-
tiued: W under authority tn th~m duly veated by t1~e Boud ot Dlrectors ot said corporatioa.
WTl`I~Tt88 my h~d aad ot!lcial aeal thJs............._.~._._..day o~.._...._......_ 1~.__.~ ~
_
Notary Pub11c in and !or
. .5~~ RKO th~ Couatr and 8tate Atorwld.
~ li[y oommwfon .sptre,:
3~~('~ t~c . ~
aeco~o r R~ ~
Npy 1~ 8 55 AH'76 ar;`:r ~sa f~'r ~ 47n