HomeMy WebLinkAbout0875 91yt f~l te tM ~rtAt ot anr bnu]~ ot tAia mort~ap ot d~t~ult on the p~rt of tM Alorts~~or. or ~101 t~
tM tvtnt at~y ot ~a1d ~uma ot moe~y A~ran ret~rrsd tp pe not promptly and tullJ? pa~d 4~nthie tcn dari t~est
att~r tht aaau aevetally Escom~ due and payable, nnthout deinand or not,ce, o~ ~cl ~n th~ tv~nt sach aad svaryr
tM ~bputatwot~, a~r+emeata. condu~au ~nd.rovenanta ol ~.uA pwmuac+~y noi~ and tha mnriYs~t. any or tltAsr. ;
. ~ uot dn1y. Promptly and tWly pertorrr~~0, duchu~ed. ~cerutcd. ttt~cte.1. completed, tompUed rriM aud aMidN • _
Oy. tM0. iu ~itMe or any such ~v~at~ the said a~~rt~ate sum na~~at~os?e4 w sa~d prom~ssory aot~ Lhen remunins
unpa~d. witA intereat ~cerued, and aU rnon~ya sec~u•td h.nby. ahall b~eome dw and pa3abl~ torthwitA. or tMt~ ;
att~~. at tM optioA ot asid ~tust~agee. as tully and complately u it a11 ot the sud aums ot moner w~n orlpnalyr i
at~pulat~d to ba p~i~ on ~uch day anythlnt fa u~d promusory notc, and~ot tn t~ii mortga~ to t!N contr~ry sot-
withst~nd~nr• ~t?d thinupor or tt?~Te~tt~e at tM opt+~ 01 sa~d I?tortgate~, a'ithout nopa ot atnlaqd„ ~uit at
l~w or tp pu1q. tb~retotoer. or thenattsr besun. m~y b~ prosecuted as it W r~noneys ~c~usd MrtDr 1ud nutarM i
ptioe to IL u~auWtb~a. - ,
7. Tl~t In tlu ~t th~t at tM bKtnnln~ ot or at ae?r Wa~ pendins any ~Wt upon thls iqpr~.iart, or Lo ~
I foceeloN i~ oe to ertoetn 1~ ae~d;or to antorc~ papmeat o! any cluma hereund~e. add MottsasN ~!1 appl~
, to tA~ couK lu~v1~ ~uei,~dicuoa tAereot for the appointmeat o[ • Rece~ver. such court ~hW IoetArrith appolAt
~ • Receiver ot saf8 mort~ased propeKy all and un~ulu. in~luding aU and aie~ular tM rtAf~„ lecom~. Prptlt~
.o {~q ~d t~ev~nuea hwn whatevtr ~ource derived. ca.•h and every ot which. it beins txprqaty undtritoo~„ y
~ p~ Aertby mort~ed as It speclticallr tet torth a~d deacr~Eed in the ~rant?ns and Aabendum ctaua» Mrsot. a~W
~ , aeU R~c~lvee sAalt h~v~ atl th~ bro~d und etfecuv~ tunctmn~ and ~u,~vers in anyw?se rntrutted br a couet
F- ~ W a. R~cetv~r, aAd such appointment ~haJt be made bp such co~ltt a~ an admittsd eqWty aua • eaatter ot ~b.
uA
c O~~ ~olttt~ ri~ht to Wd ytortsaae~. and wfthout reterence to th~ adequacy or Inadaquscy ot tM valw ot t!N-prop.
U •rt~? m o
r t~
i
~ or to th~ aolveney or iruolv~ n c~
r ot aid ~tortAaRor and~oe ot the d~f~dapt~, aad that suelt
o ~ nntar pro~
1ts. ipcome, iawes and re~~enues s h a U pe applied bp sucD Receiver ~?ccoMtn~ to !!w 1l~a and/pr ~q~yq
$ et aaid 7~torts~ aud tbt practle~ ot ~uch cour~ .
~`c~ ~_Q t+ 8. It is understood and a~~ed that this monpge is R~vee to serure, in addition to the note or obli~~tion
above described any addition~l loans or future advances made within twenty yean [rom date hecec,t by the
~ 3 v moregaaee to sa~d morigagon or any successor in title ot said . mort agors ot. the property hereby convey.ed;
'2 g pmv~ded that the total unpa~d balance af the indebtedness aecured ~reb at an ~o~p alf not excetd -
~ ~j thc m xi y~n incipal amount of ~ EI($T '~Al~D P~t ~ 7:~I~T17C Doita~s
~~5.~ f, plus 'snterest thereon and any? disbursements made by the mortgs,~ee tor the {?ay-
a mrnt o# taxea, leviea or in.curanct on the. property eneumbered hereby, with interest on such diabursements.
~ IN Wl?N~88 WH~O!'. tM sald Itort~oe iw ~x~euted Ws moet,~ap nndtr ~ai on t!N ~lay and yair .
hsrNn lltst aDoa?~ ~ri'ltt~o.
S ed ~d _dNfrerb tn tM prea~n ot: - .
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to tne tireit ltt~o+vn atid known to rr?e to be the indiWduai_.8 da~cribcd in aad ~rho executed t1~ tose~ofnr tnatru-
m~,~,.aa~4.-~adsea eerore m. uuc they.. e:ecueea u~. same:or u~. purpwes th.rem apn...a. .
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cs~ctlr~lY o! t1w eorpocattaa
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wcn~meac t~ c~. rree acc aiw a..a or .Ue eorpor.uon er t1~m c~a~tir.h e:.cnc.e aw~ otao.r. cot tl~.
t~U[b~W ue~e iat~Ao~i~ln t~wen d~ul nstb hy~tbs Boud ~ DlreetoTS~
~~~ti~ tn 1f1a oap~elty a[-
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