HomeMy WebLinkAbout0784 -
71~t tt1 1n th~ ~vent ot any pr~ael~ ot this mort~+st or dst~ult on the pnrt of th~ 1?iort~R~or, or Ib/ t~
t1?~ •vtet any ot ~a~d ~urru ot mo~ey h~~an ~ehrred w pe eot promptly and tully pa~A w~tA~n t~n aay~ n~at
~ttet tA~ sam~ ieverally becom~ due and p~yable, anthout demand or ~ot~ce, ar ~c~ ~n the ~~•ent eaeA ~nd ~v~ry
th~ •t~pulat~ona. a~ceements. cond~t~on~ ur?d ro~•enanu ol s.t~d prom,ss~~y noce and th~s m~?rtga~~, any or tlthe~~
~ti eot duly, promptly u?d [ully pertormM, di~ch~rsed, ~ecute4 et(ecte.f, completea, complied v?nlh uW ae~d~d
ey. tlsen. ~n e~tMr or any such evenl. the suJ a~~r~~ate ~u~A m~ n~~aned ~n ss~d promissory nott then tem~?iNt~
unpad. w~th intrreal ace~ued, anQ all mon~ys ucured h.reby. shaU b~come due ~nd pa~abt~ forthw~th, or thsr~-
atter, at tht opt~on ot utd Ma~teagee, as tully and comptetely u it sll ot the said sun~s ot money w~n ori<<n~lly
~t~pulated to b~ p~ld on au.A day, ~nythln~ m sa~d pronasaory nnte, an~t or tn th~s niortgise to th~ contrarr Aot-
w~thatandln~; and thereupon or thereatter st the optu-n nf aa~d ~tortgasee. ~~~~thout not~ce or demand. ~ult at
t~a or +n equfty, thtntotor~, or tAertalter be~vn. may be, prosecuted as ~t a11 moneys Kcured h~reby Atd tnstu»0
prior to 1ti ~nst?tutlon.
That ta tA~ ~v~ut th~t ~t th~ sesiantn~ ot or at ~ny tlme pend?ng any auit upan thls mor•.rase. or to
loreelost i~ or W r~torm tt, ru?d~or to enforc~ payment ot any cla~ms hereu~der, aaid Mort~N ~hW apply
to the court havins ~ueisdlctlon thereot tor the appo~ntment ot ~ Recec~~er, iuch court ~hW torthwiW appofAt
a Recelvec ot sal4 morigagsd property ~11 and sm~ular, irtclud~nq al! snd s~neular the rent~, Incotnt, probt~.
twua ~d rsvenues, t~om whatever wurce denvcd, ea: h and every ot which. it be,n~ ~xprss~ly ut?det~stood. Is
hereby mortgaged aa it ipecitically aet tortR snd desc~~ted ~n the gr,ahting and haDendure? clawes h~reol. sad
~ueh Recrlver~ shall have all tha broad snd etfeci~vt tunrt~nns and j3~~a~~ra ih anywix entnuted by s court
to a Rece~ver~ and aueh apE+osntmrnt sbal{ be made by such cuurt au an I~m~tted equftr and a matt~s ot ~a
tolut~ ri6ht to said Mortp~ee, ~nd wtthout re[ ce to tAe adeyuacy o~ 1n~dequacy ot th~ valw ot th~ prop-
sety mott~a~ed or to Lti~ wlve~cy or insotvenc~~ w~d ~tortRsRor and~ot ot the d~tendanta. a~d that aucA
nnta, prohti. income, issuea a~d re~ enues shsl~ ~~~plieA by such Rerelver accordln~ to tM llqi an4lor puity
ot salA 3torttase~ and the practlce ot sueh caurt.
8. It is u~derstood and agreed that th?s mortg is R~ven to secure. addition to the note or obi~~+tion
above descr~bed any additiona! loans or tuture adv~i~s made with~n twenty years lrom date hercut by the
mongagee to ~a~d mortgagors or any snecessor i~ t ot said mortgagors of tl?e property fiereby conveyed;
prov?decl that the total unpa~d balance ot the ~ndebt ess secured hereby at any one time shall not exceed
the max~mum rincipal amount o[ j~jj~ t]'1p ev~en himdred tw~ntY Doflars
(S J~2~.Q(~ 1. ptus snterest thert~n and ~y dlsburaements made by the mortRagee for the ~ay-
mrnt at taxes, tevicc or ~nsurance on the property enc~bered hereby, with interest on such d~sbursements
LN W1TNLrS3 WHLrREOF, th~ aafd ~[orts~or Aaa ~~OUiM t!?i at~ under isal on the Jay and yesr
herein tisst aDov~ w~tlttm
Bf~eQ. ~ealed and dellvered tn the preaence ol:
0
~ 2~v (SFAL)
~ Ross Fischer
` .~~.i.~ut McC'Ard Auto Sirop~~c Inc.(SEAi.)
Ross isc er
o '~i1rD/~~'A"
~ BTATS OF'. ' % ) '
, f ~
' . COiTNTY O!'..... _ . ~
, -
~
_ r ~u .
~ 9eton u~ p~rsooWy ~ppewd..•-••-- a~s....__ f.`.
~
_ ~ .
. -
v _
.
r~
~ ~to me we11 known and known to me to he the individual descnbed in ~nd who exeruted ~ loitrOdli~°1~latfdh
• mtn~ ~nd acknowled~ed betore me that ..-.Ae.. . executed ths aame tor ths purpwei th~nra MtprwNd. :
' _J'',._
_ ~ j da pf_,__ ~ s t'. .!r 1~: .
WITNES3 my hand and ofitclal ~eal ttus........ _ y r. 1'~
r _ ~ ~t~t°~~' ~ :
.._.._......_.._.._..__...........r.~..~_
_ ~
Notarl? PubLc in aod Lo~ ~
the County aAd 8tat~ AtoTM~ -
~N,~.A..,~+ ~ r : . : _ .
~ My commtadon e:pire~: . : . _ .
BTwT~ oF_... NlT~.._...... . ;4; .
. . -
COUNTY OF..~---._.._..._.. ~ 3 ,
Betor~ m~ perwnWy ~ppe~nd.....R~S~,S..~,~.C.HF~~----.0~ LI.S....24.~e1.....Box_Z43,...Moaz.tioe~.la,:~di~ana 47960
ana.--•----~~-~---- x...._____....._......___..._...._...~ w m. ww ta~orrn aae
kiwwn to ir?~ to bs the .....Pr~dent ~na.____._.........._.~...__....._............----__....._.._...~__._..... Mcs~tar~
respectlvelr of ...........~"~G.~~_.,~l~O..~llp~?~.~s...-~?~~......_..----_.--.....-.. . t~N eorpontloa
r~smd ta We tore~otni ltsstr~unwt, wd known to me to b~ th~ p~rwn~ wbo Y~uCli OfIICSef Ot sa1A colpo~tloa.
e:~euted t1?e same: and N~n and N~n ths ~atd.....-•••-•~ZO.SS•..FISC`~E~..........._-._-.--.....~ ......................~~_...and t2N M?!d
..._..___.._..._..~~....._._4td ael~owl~~ Wfa» m~ that ~a14
tnstrument fi tAe tree aet and dMd o[ sald eorpontlon br them rssp~ctfv~ly ex~cut~A ar s~ch ettlc+T~ tor t!~
purporea th~rein eupres~s~: that tM ~ed thereunto attached tia th~ corpont~ ~al by t?~~aa in lila c~pacfty at-
ttzed: ail und~r suthorlty tn thua duly Yested by th~.BoaM o! Dlrectora ot wtd coepor~tloo.
~Y... •
WTl'I~88 my hand aad ottfcfal ~1 W~.._.._~.G~_._._..._.d~y d~<T~ 6•' lP~~?
......`!!!~~~w'~'.~~~~
f LEO AND RECOROE No~ ~,ev~ u~ ~ne :o~
=~.LIIOC~E~N 4{taAS`A. ` . t~ Countp a~b sLt~ Atorwtd.
`~r ooan~s~oo is~frM: /~-/f t"Z'
C4ERK CIRC111s ~~ya~ ~
RECORO vEa~f~EO~•~^~' ~ ,
t ~
JAr~ 18 A 3a P~ 0 _
~
n~RK263 T"la