Loading...
HomeMy WebLinkAbout0080 =Y 4" r . . • - 1 • ~ . + , a, ~at le th~ ev~ut ot any bcsucA ot tb4 re~orts~ or d~tsutt oo the p.ut ot Ne 1?loK~~or. or tb? W t~e sv~nt any ot sRid suma oi mot~~y h~tei~ telerr~d to b~ aot yrnmDtly sed tully paid r?~thin tea daya aext atter th~ aam~ severally Decom~ du~ and payaDl~. without demar~d or aot~c~. or ~cl ia tAe e~ent ~ach and ers~y tRe st~pulatioe~s. a~gcetments. eoodlt~ons and ~~oveexrtts ot s.zid pt+oen~ss.uy nots and th~s nu.rtea~,~e, anr or eith~r. ar~ not duJy. promptyr a~sd lully per(oeenad. d~scha~~ed. exeeutt4 etlectN. con+~leted. eote~plied vritl~ and ab~dr! by. tA~e,. in eitM~ or any sucb event. the said aRg~eaate sum tn••eticu~sd u? sa~d promissocy no:e Lhsa ~rms:esng . unpa~d, witb iatcrcat accrus~l. and ~U mon~ya s~ce~rei! brneby, s1w11 beeome dus anil pa~-sble tort2~~ritA. or tteere- - alter. st tht option ot said Alo~tsa~ee. ss tully and tompletel~ as it all ot the said suatis o[ nwneY w~re onginalt,p st~puistsd to b~ psi3 on suel~ dsy. anythte~ In said promissoey not~. anA~o~ in tAta e~art~ge to tA~ tontsa:3 not- withstandin~; and thereupoa or thtrcatt~r ~t th~ opUaf ot said ~Iortgase~. w-[thout rot~ce or dca?~?d. auit st law or i~ eqWt,~?. Uuretotot~ or tberea[ter beptq may Di pcos~cuted as it all moaepa s~cured lurtbr had enacurcd pcior Lo ib iastiwtto0. ~ ~at tn th~ evwt that at th~ beslnn[ns ot or at aqp tlta~ peAdtn~ anr sutt upon this tnortra~r, o: to torecioa~ f~, or to retorm i~ and/or to enloros payment ot any etaima hereuades. sald atort~t~ shali aPP1Y to t1~e court havie: jutiadiettoi~ thersot tor tha appointmeat o! a Receiver, ssuh eouK sRali torthwlth appoint a Rece~ver ot said tnostEa~sd ProM~Y att snd siasutar. lnclud~as all and singutae~ the reR?.~. le:ome. pronq. Wues u~d n~~nues Lcom what++rer soure~ derlved, .~a.:h and ~rery ot ~rAieh. it being expe~essly undeatood. b hereDy awrt~a~ed aa li speei[itally set tortb snd dacnLed it~ the Rr.utt~g and lutbeedum clauses haseot. tad wch Rac~iv~r shall h~v~ ap th~ broad and et[eetiv~ tuacti~ns snd p~,~~en in any~vi~e entrusted by a tourt to a Rscyiv~, a:W sucD appotntmee?t aAall b~ made b~? sueh oouet us an ad~attted egut~" ~nd s:nstt~r ot ab. solut~ risbt !o asid Afort~e~ ~ud witbout rttsreae~ to th~ adequacy or lnadpuac~? oi the valus oi tR~ prop- e~ A~~~ or to tht sWrenep or b~sWnnej? ot sald l~tort~ay~o~ and/or o[ th~ d~fendants~ and tl.at sach i+entsi. b. U?can~. iswa and nvenua~ shW D~ app8~d ~I such Et~ettvte aeCOtdtt~ Lo t!L 2iat aiftl/o~ tR~~ ot aald itost~ai~ aad tlw praetW~ ot weh eatst i. It b unders~ood sad ap+ed that this Awrta~e is iiree4 to sr~wre. ie addition ~to the eaE~ or obliRsNon • above desaibed any sdditianal losns or tutnre sdvsnces mad~ within tM?enqr years lroea date hereot by ths mortsaRe~ W said martp~ocs or sny weaa~or in title ot said ~ors ot the proPe+rb? hereby ronvsyed; . ' provided that th~ total unpaid balsnc~ ot tbt indebtednas se~vr~d. at anr one t~rne sbaU Aot exceed the maximum prLiciDal an+ouAt ot Doliars ~t _ Plus interest thereon and aqy disburnatenb madt by the mort~ for the j+ay- . m~nt ot taxes. lavies or ie~wraac~ oa the prop~rb? a?cumbe*ed 1~ereb~'~ with intecest oa such disbursements. ~ II~T Wtl'NL'SS ~VRb~~07'. t1a sald lioetss~oe bas ~s~eat~d tAls mort~ a~d~r s~s1 0~ tb~ ~,i,~r aad yeas _ Aerein abaw wKtt~a. ~ t~ o[: ~ ' X . f ~ G T + WIRNESS as to George J. Walbolt and X~ c Maxy A. Walbolt A._ LT ~ ~ . - . srw~ oF ~nRm~~ - MARTIN ~OVN?! OF . _ . . Asfor~ ~ persaaW~?.a~~*~d r'~' TP ~+~nd..Liar~r J~._.Walbr~7.~-- to rne arcll kiwwn and known to me to b~ th~ teulivfdua]s. dexsibed in and who ~xeeuted tps~tor~oltst ia~ttn- men~ saa a~clcaowl.asea b.core ~ tn. wac exaeuDea w. ~ tos cb. purpoea. cbe:ein enp~d,;; ;+4r.= . NLNI~~~.~~~ ~~.r y~y~~ >i ~~~i, ~.~~Ij~~a#~ . ~ wrrNESS my hana .na orac~ a~ :n~s.._ . ~~y .ti'. , ~ . , _ - - _ , • ~ Notary PuDlia fA ~L ~s~ . ~ ~ - . -s th~ Couut~ aad St~i , ~ ~ ~ ~ ~ • 1 Hy eomintsston exp~ - ~ = _ - S I'ATE OF.......r...r...-.. . NOTARY PUBLIC, Stat6•qf ~ ~ • r~ My Cdtnmission Expi?es N"oy~~~ j, COUN'PY OF owww sx Nuo own~s u~suwwo~ ~ , , ~ Eetors me persoaally appearsd ~ _ ancl_...._._.._..___..._............ to ms vreD k~own and :s fcnown to rr~s to be the:...... ...._..._._._.._Preatdent and...._.~.._.--------•~-------r--------- Secretas~ re~peetively ot ._......_...r.. . ths eorporwtloa n~med {n Ne =arego{n= inettumen~ aad known to me to bs ths perso~ who as sud? ofAeers ot ~ai3 eoeporaUon. ; ~ e:ecuted the ~une; and then and thess ths sdd_...~...~..-•.r»..._....~._.. tad ths rwt~1 .._...._._..._..__._.._..did acknowledgs betore me that sdd ; In~trvment Is the tree set end deed oi sald corporation by tnem respecUvely executM s~ sucb otdcer~ for ths ~ purpn~es therein expre~ed; t1~st the ~eal thereunto nttacAed is t1+e corporate seal by tteem In Lks ewpsci;y at- [~xed: W un~!er suthorlty fn them duJy veated by the Bosrd of D3rectors o[ sald corporation. . T . 39_~ NITfTESS mr b~nd aAd ofAclal .eal tht+..•--........ eV?y o[_._..... ~ iT. 01 ~0~ RD~~ a~~ N~~Y F••~llc In anA toc Y f A. ths Cout~:;~ and Stste AtoraswtQ. > R~/Oi ~1i M co on exptres: ~ ~ OIILI~11/IL ~011~ r - Ff 6 Ia I~ S~ P~'~'~~ ~~V~t rACE