HomeMy WebLinkAbout0843 ?Dat 1~1 In t1~~ ~vent ot any b~esel? ot t~u mortsa~c or dK~ult on the psrt ot tf~~ Atort~Rga~, or ~b? t~
t1~~ tvent any ot ~aid ~unu ot money h~ran ret~ned to be not promptly and fully paiA wuh~~ len aay. ntst
atter the ssme severalty become due an~i payaDte, vinthout demRnd o~ not~c•c, or ~c1 ~n the e~•ent ea~A and ~v~ry
th~ •t~pulat~ons. as~eemenu, condd~oo~ and rovenaots ot st~d prom~ssmy n~.te •nd thu ~n~~rtga,se, any or NtAer.
~r~ not duly, promptly and Iully per(ormed, d~sch~~ged. executed, ettected, completed, compl~ed v?hlh uW ~bid~d
by. then. ~n e~the~ o~ any such event, the aa~J at`regate aum m.•nt~one4 ~n sa.d prom~ssory not~ then ~emunin~
unp~~d, w~tb ~ntrreat ~ccrued, anA all moneys se~~~red h~ reDy, sh~ll becum~ due and p~yaEl~ [orthwlth, or tAtr~-
atter, at the opt~on ot saM Mort~egee, u tully and completcly as ~t ill o! thc aa?d sums ot money w~rt or~~inall)
~t~pul~ted t~ he ~w~i ~n Ruch d~y. ~nytA:!!~ sa ss;:! ~:C~.;ssary notP, t7i~t ut iri iA~~ nio~tgr~e to th~ contrvy nOt-
w~th~taedia~; and theeeupon or thereattee st the opt~~m ot s~~d ~tort~a~es. .~~~tt~out notice or deman0. ~ult at
I~w or equlty. th~ntotors. or thereatter be~un, may be prosecuted u all money~ iecurM h~nby had matw~d
prlor W its ~natitulioa.
7. 'i1~at tn tr~ event that at ths Deginn~n~ oi or at any time pend~ng any iuit upoe tAb mor:rase. or to
toreelo~e it, oc to r~torm tt, and: or to entorc~ payment ot any cl~?ma nereunda~, said Mort~N ~hap applr
to tAe court haWns ~unadictlon tAereot for the appo~ntment ot a Recc~~•er, aucli court ahall totthwith appoult
• Recelvee ot said enortgaged p~operty all ~nd a~ngular. Includmg sil snd s,neular the reet~, Incane, prot~ta.
f~suea and nvenuea I~om whatever source denved, ea~•h anJ e~•~i~ ut v?hich. ~t De~na expreaaly undentood. 1!
hereby mortgaged as ~t spec~tically sec torth and descnt.ed in the ~r:,ntmg and haDendum clawu henoi, and
~ucl~ Recewer shall have all the Droad end ellect~vt tuncnn~s anA u~ xnw?~se entn~sted by a coust
to a Reee~ver, and auch ap~+o~ntm~nt sAall be made by such cuurt as an admitted equlty ~nd a rrutter o[ a0-
•olut~ n`ht [o aald Moet~aRee. and wlthout reterence to the sdcyuacy or inadequacy at the valw ot tM prop-
trty mo~t~~ed or to Ltie solveecy or insolvcncy ot ~s~d Atort~aRor ~nd io~ ot the dttendanta, arM tl~~t ruch
renb, prohts. lncomc. ~a.+ues ~?nd r~. enues shall De a~~plied by iuch Receiver accordln~ to tA~ Uu? an0/or puitr
ot sa~d y[ort~asee and tAe practlce ot ~uch court.
8. It is understood and agreed that th~s mortgage ~s R~ven to secure. ~n add~t~on to the note or ~,bl?gat~on
above descr~bed any add~tional loans or future advances made w~th~n twenty years trom dale ~ereut by the
mort~agee to sa~d mortgagors er any successor in t~tle ot sa?d mortgagors ot thc property fiereby conveyed;
- rF~};~H,~ :;ia: ::=:F'iaiu u'eieTiic t.i i,ir iFi~F~ilC~fl(33 3CCU~CQ hereoy at any ODP Ufl'1! shall t10~ !XC!!d
the m x~mum nnc~pal amount ot ~OUh ~lOUd~ 01'!e ~P.d ~~~ars
(S ~~QQ.(~0 plus ~nterest thereen an any d~s utsements made v the mortgagee fo~ the pay-
mrnt or taxes, levi~s or in~urance on the properly encumbered hereby. w~th mterest on such d~.,bursement~
~i W1TNS33 WHERFAF, ths sald Ir[ort~or hu ~xecutM thia mort~ap under ieai on Ue Jay and year
l~ere~n tirst a~?~ ~?rttteu
_ 81tnM, aealM anA ered tn the pre~ence ot:
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v'y ST LL~IE ~
: g CoL1NTY OF. . .
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~ ~o?ia.td B. Adamaon and Sandna A. Adamson h.i,a w~i. e
~ Hetor~ en~ p~noaWy sppearsd•.. ---••-_-••-...._._._...._.....--t---•___...
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to me well known and k~ow~n to me to fie the ind~v~du~ib~._ desenbed ~n artd wno executed th~ fore~ofns 1n~trw
~ ment, and acknowled~ed Deiore me that ,Z1~e- . eaecuted Ne same tor the purpo~e~ th~re~n vtpr~as~d.
' Novembe~c ` ` .7~..
WITNESS my hand and offlcla! seaJ ttu1.. .Z, r 1~.__._.~
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i _ Notary Pu011c in !ot L ~~hQ
I cne cowscy ana suu wtores~i .
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MJ/ CORfIriW10Q lxpltla- ~ ~e ,f j,~ ~ y~ w~_ '
8TA1'~ OF.. . . . ~ ; ~r
~ as. se}7~PJflbP~L 2Ei, ~ 9~0 a~
CovN7`t oR..ST. I~ICIE ,•~.a=:-
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Betor~ m~ peraooally appe~red
end.-._. W m~ wdl lmown ~ad
known to m~ to Ds the .....Pr~deat and.._...__._.._......_.._. 8~er~tar~
respeetlvely ot tM eorponuoa
nun~d ln the ~ore~olns 1Aattvm~a~ ~ad knowu W me to b~ th~ P~e~oe~ wtw ~~u~ otDe~ss ot aala eoeyoratWa.
e:ecucea cne a.me: .ee ch.n ana th•r+ u,...la . _--...._--------._....--------.---......_........_..•ae th. ..le
......_._.__.....~_............dfA scluwwrl~~ aton m~ that ~al4
frutrument u the tree act ~nd d»d ot uld corpontton by them n~p~ctlvely ex~cut~d ~ ~uch ottlc~n !or th~
f purpo~ea t~~refn espre~ed~ that th~ ~eU thereunto attached t~ th~ corporat~ Na1 by tDsm tn Uk~ capaclty at-
~ tued: W_ und~r autAorlty In thun dulr veated by th~ HoaM oi Directon of aald co*poraUoo.
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