HomeMy WebLinkAbout0452 Teat (al In th~ ~v~et ot any br~~eh ot tht~ mort~~ or d~t~ult on t!?e pnrt ot tAe I?fort~~~o~, or Ib~ ta
t1?~ •v~nt any ot sa~d •uma ot mon~y h~ran ?et~rr~d tc b~ ~ot promptly and tully p~d w~t~in ten daya pext
~tttr tltit sain~ s+ver~t~y Dccom~ du~ ~nd payabl~, v?nthout demand or not~ce, or ~ c 1 the event each and sv~ry
th~ ~t~pul~t~ons, a~reementa, co~d~tion~ and ~ovenanU ot u~d prom~~ti~~ y note and tAia m~~~tga~e, any or elthet.
ar~ not duly, promptly u?d tully pcrlorme~, d~irA~~ged, executcd, effected, cumplcted, compl~ed w~t1~ and a0~dd
py, then, ~n s~cher or any ~uch event, the u~~ ager~gste sum m~•nt~~ned :n sa.~ prom~saory nott then nmainins
unpaid, w~th intere~t accrued, anA all money~ sec~u td h~ ~rby, shall becuo~~ due and pr)•able. torthwith, or thera
~tter, at the opt~on o! s~~d Mortgagee, u tufly an4 completely rs ~t ali ot the sai~ s~~n,s o[ money we~e or~gin~lly
~tipul~led to be pai.1 on wch day, snythlnt ~n ~tid promissory note, and or ~n this-mort~xge ta Lha cont~uy not- -
w~thsta~dln~: and-thereupon or the~eatte~ et the opt~~n ot aa?d btorty;agra a•ithout ~ot~ce or demand. ~uit at
!aw or ?n equity, tMretotor~, or thereattet De~un. m~y Ee p~wecuted as ?t all moneya aecured heteDy had matun8
pNor W Ita ~nititut~on.
7. That fn th~ evu~t that at th~ b~~innlnt ot or ~t any tlme pending any suft upon thls mort~a~a. or to
lorectws 1i. or W rsform tt, and/or to ealorq payment ot any cta~ms hereunder, siud Mortgate~ ahall apply
to the court h~vins ~ueisdictlon th~reot tor the appantment o~ a Itecc~~~er, such court ahall forthwith appoiDt
a Receiver ot ia?d mortgaged proparty a11 ~nd smgular. includiog a11 and a~ngular the renta, fncome, profita, .
1s~uea and revenuea t~om whatzver ~ource denved, ea~•h and e~~ery ot vvh~ch. ~t be~ng expressly unde»tood. 1s
hereby mortgaged aa it spec~ticwlly aet [orth and deacrited in the Rrsnt?ng and hsbendum clause~ hereot, and
~t?ch R~ceiver st~al! h~w a1f ths ~m~d ~nd ettectrve functmm an~f j~~~.~P~~ in xnvK~~se entru~ttd by a court
W a R~ceiver. u?d such appointment ~hal! be msde by such court as Rn a~dm~tted equlty and • matter ot ab-
~o1ut~ tight to sald Irlortpgee. ~nd without reterence to th~ adcquacy' or ~nadequacy ot the vtUue ot the pmp-
tity mort`a~ed or to tht aolvency or insolvency ot uid MortgaRor ~nd~n~ o[ the detettdi?nts, ~nd tl~1?t ~uCh
nnt~. protiti, in~ome, iaaues and r~~•enuea ahall be appliM by such Recel~•er accordln~ to the Ilen and/or equltr
ot ~ald 3~Iort~asee and the Practlce ot aueh court.
above loans or tuture advances made within twenty years trom date hereot by the
mortgagee to sa~d mortgagors or ~ - e ot said mortgagors of the property hereby conveyed;
prov~ded that the total unpa~d balance ot the indebt ceby at any one time sfiail not exceed
the max~mum principal amount ot Dollars
plus interest thereon and any disbursements made by the mor e{,ay-
1N WiTN~33 WHERaOF. tha uld Hort~or Ms ~xecuted this mort=ase under aeal on the day and yeu
here?e flnt abov~ ~?rfttea
8f~ed, aled and dellvered fn tAe presence o!:
l~_~..._ C.__. s?~~- . ~ ~ '
__...1~:~'...,~,.r.:.-- Ira E. Illick " - -
~ , .
C! ~e.~e ~..,..,t.~- ~~e.c.~' '
Catherine Illick
srw~ra oR..........FLCRInA.._.._...)
; . MA~I'Ii~T
i cq~ qF-.•_ -
i ;•,:,.~,~to~ IFA E. ILLICK and_CA~I'HERINE ILLICK,__ his ~avife,
. . ~(p~ot?auy ~pp~ared
If Jy~ „y~~.?.~'~„~ ~.......r~......"""'..........."'....._....""
l ~ ` ~ ' ° .
~ e W- n wd ~n~ known to me to be ~he i div:dual .v. descnbed in and who executed the foregoin~ fnatru-
~~rleii~eq betort me that - he.~ executed the sune tor the purpoxs theran rxpreased.
~ ~ ~f (3 ~ ~ _ ! ~ f/~ Ta n ~1a. `l `7
~ VN11~~4 mp hand and ofticf~l ~ea1 thi~.--- -__......d~y ot.•_-•-.:.~_.:•-•---~ 10._......
`r. r?r~" . ~:.C.~'.--'. .._~s~----""~~___.~........_
~ Notary Pu61ic in for
i the County and St ts Atores d.
- My commlasion exp~re~: ir~ .
~ ~ oF------ - 7~'
~ ~
E Cp A'...•••••••...
I
~ Betor~ me nallY aPPeared
4 '
~ aad-•---• to ms w~ll lazown aod
~
~ known W m~ to be the.-•-• _._....._Pr~afdcat ~ab--------_......_.__.__.._..._....__...••--•-•--•-_.....-_•--._......__.. S~cntat~
i t1~~ corpontloa
~ respecUvely ot . ....___._.._.....__..._......r.....___.--
. .
I name8 in Ne fon~olns uutrum~nt, and known co me be th~ penon~ who a~ ~uch oftfcers ot ~a1d corporatlon.
Ij ex~cuted the a~me: anA Nen snd th~n th~ ~atd..•-••---•_--..._._.. .....................••-••-._......._._..-•----......-•-•-_--.aad t1~ sntd
...._.~...ma .~xn~w~.es. b.ror. m. wc wa
lrutrument fi the iree act and desd of ~a1d corpontion by thean reap~cq esecut~d u sucA oMcvr~ for t1~
purpo~ea tt~erein expres~M: t1~at the ~eal thenunto attacl~ed L th~ corpora a1 bY t~un 1n Lk~ ~P+~~~Y
Il~ced; alt under wthorlty In them duly vqted bq the Board oi Dlrecton of sald r~tlon.
WITNtS9 my b~nd aad otdcla! Na! tid~._.........•--..__,.....day ot-_._...__.._.__ lY------
• .
' t• Notary PubUe tn anA !or
~J`~~~ ths Count~ and 9tat~ AtorwlQ
~EN~~C LR 1[y eomozWion e=pUa:
~1~~~~~E CO~ti~~~ ~ Y
S`, a~~ `aGO~`t ~p~4 ~
C~E4
~Eq1F1E~.~
~~~°R`~ PH'~1
3 fl .
' ° R 263 437
6CDK
~