HomeMy WebLinkAbout0622 A. TAat l~l In th~ ~veet ot any bnacl~ ot thti mortgast o~ det~ult on the p~rt ot the 1lfort`~gor. or 101 tn ~
the event any of u?d auma ot mon~y h~nle rehrred to be not promptly and fuUy paid withfn ten day~ next
att~r the umt severally become du~ and paysble. vinthout demand or notice, or ~e) in the event each and every i
the ~t~pulat~ons. a~reemcnta, cond~tion~ ~nd rove~anq of s.1id p~om,asn~ y note end thia ma~tKage, any or etther, ~
~r~ not duly, promptly snd fully perto~m~d. discharged, executed, et(ecteJ, completed, complied with snd ~bided ~
ey. then. ~n e~the~ o~ aoy such event. the ~ud a~gc~gate sum mrnuone:i ~n sa~d prom~ssory note then rnma~rung ~
unpa?d, with lntrrest accrued, and aU moneys secured h~•nDy, ahall become due and payabie forth~vith, o~ there- 1
•tte~, at the option ot sa~d Mortgagee, u tully a~d completcly sa ~t all o( the sa~d sums ot money wera orig~nslly i
st~pulated to M pa~~ on such d~y. ~nythins i~ sa~d promlaaory nete, am1 or in th~s mortgage to the contcuy not- 1
w~thstanding; and thereupon o~ theteatter ~t the opt~on of sa~d btortgagee. ~~•~thout not~ce or demana. suit at ;
law or ip equlty. th~retofoM or thereattec De~un, msy be prosecuted as ~I all moneya aecured hereby had matured i
pclor to fb instiWtion.
7. That fA event that at the Deglnuins of or at aay tlme pendi~g any auit upon thl~ morira~e. or to ;
foreclose It, or W raform ft. and/or to eaforc~ payment ot any cls~ms hereund~r, said Mort~ee ~hall spply ;
to the couK havir?~ ~urisdictlon thereof for the appointment ot a Rece?ver, such. couK shW torthwith appoirt
a Receiver ot sald mortgaged property all and sin6ular, including all and singulsr tke renta. lncome, profita.
Wue~ and nvenues f~om whatever iource derived, ea: h and every o[ wh~ch, it De~ng expressly understood. L
hereby mertgag~d as ii speciticalty set to~tA and deacnEed in the granting and habendum clau~ea hereot. ub
~uch Rece~ver shall h~ve all the broad and ettective fun~ti~n~ and ~K,~ePr~ ~n any~.~ae entruited by a court i
to a Receiver. and auch ~ppointment sAall be made by auch court us an admitted equity and a matter ot ab~
~olut~ riaht to aaid ~[ort~ee. ~nd wlthout re[erence to the adeyuacy or inadequacy ot the value ot the prop-
~rty mort~aged o~ to the wlvency or inaolvency ot said MortgaRor andior of the defendanta, and that sucA
reaL. prof~ti, income, issues a~d re.•enues shall be a~~plied by such Recei~er according to the llen and/or equity
oi ~ald adortaagee and ths practice ot such court.
8_ It is u rstood and eed that t' mortgage is ven to secu , in add~tion the note or o gat~on _
above descr any addi ~ nal loans oc ture advanc made with~ twenty year ' rom date her by the
morigag o ~a~d mort gocs or any ccess.~r in t~ e ot said m gagors ot th roperty here co~veyed;
provid that the tot unpa~d bai oi the ind tedncss hereby at y one time s not exceed
the x~mum pri pal amount Dollars
pl interest ther n and any uraements de by the mor agee for the pay-
rnt ot tax ev~es or ~ns ance on the operty encu red hereby, ith interest o such d~sbursements.
IN WITNLS3 WHEREOF, Ns aald ~Rort~asor Aaa ~xecuted this mortsats under seal on the day and yeu
here~n flnt aDove wreittem.
Sl~ned. iealed and dellvered tn tAe presence ot: _
~
G%t~:...~,~ .°~a1 k ~ ~d~~
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` ~ . .secor:~~ai r.r.on.ur •rre.r.d..__.._....~~
P,~:1tz...~d..Dorotl?~y--J-._.Piltz..~...his
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' to me well knowt? and known to me to Ae ths individual8. described in and who executed the loregoing instru-
'i ment, and acknowled~ed before me that t•he~ e:ecuted the same for the purpoxs thereui ex reaaed.
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~ WITNFS3 my hand and oftictal aeal this._....1..~ -_••---..d~y oL_~.._......_.~
:.l~ lY.~
7+
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i Notary Public la and for
~ the County aad 3Ute Aforesald.
My commisaion expires: :
STATB OF_..•••••--...-•-•• ~ /.~~~L ' 4 7'~
~ ~ ~~j ~ ;
COUNTY . " v
Betor~ me Y ~PP~---•-•
anb W m~ weU lmawn and
known to me to bs the dnnt and._..~_. Secretar~
respectlvely ot Ne corporsUoa
n~med in the toresoins ~jiutrum~n~ and kn e to be th~ wbo a~ ~uch otllcer~ of aald coipontion. t
e:ecutM the same: at~ th~n aad th~ qid........---•-•------•--._......_ ..._..._...........~....._.._..._.._...aad th~ Wd
~ ._....»~.~....._.._d1d e~s bsfor~ me that sald
instrument 1i ee oct and deed ot uid corpontlon by them reipecUvely executed u ot!lcen tor tb~
purpo~es enprea~ed: that the real thenunto attached li th~ corporate aeal by tbem tn ~cltY af- ;
tised; undar wthority tn th~a duly vat~ py We Board oi Directon o! sa14 corporatloo.
WI'PNt88 my hand aad olActa! wl thla..._..........._._._._...d~y o?..........._.._ lY._~._
ANO Ak JN~~ `
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• 4~ ~r~U TY FL A Notary PubLc tn and for
R~~~T ~ouar ~ne couacr ana saa wro~.wa.
~EQ~NB yEAI ~0 ~[y ooma~ton euptre~:
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