HomeMy WebLinkAbout0803 A. T'hat 1~1 tn tA~ ~wet ot any bnacA ot thl~ mort~ap or 4~tault o~ tb~ p+~rt ot the 1?Iort~~~o~. or ~bt u~
t?~~ ~vent any of sard ~uma ot mo~ay b~n~A ref~rr~d to ea not promptly and tully pud withl~ ten daya aext
~ve~ally Oecom~ du~ and payabl~, vintlwut demand o~ not~ce, or ~c) ~n tht •vent each and every
th~ ~t~pulauons. a~neme~ta. cood?t~on~ and rovenaota ot aa~d Qrom~ssuiy aote and thu mr,rtga~e. any or etthe~.
~r~ not do1y. promptly and tufiy perto~ma8. d?scharged, executed, etlectcJ. completed. compl~ed with and ap~ded
ey. then. ~n e~ther or any sucA ev~nt. th~ wJ ~~gr~~at~ sum mrr?t~oned u~ sa~d p~am~ssory note lhe~ trma~n~ns
unpa~d, with intrreat acerueci, anA ~Il mort~yi stcured h~•nby, afwll become du~ and payabte torthwith, or there-
after. at the option ot u~d lKo~teaeee, as tu!!y and completcly ss it slt ot the u:d aums ot money wen origin~lly
st~pulated lo M paid on such day, anyth~e~ in uid prom~awry note, an~i ~ or In th~s mortgsge to th~ coetraty ~ot-
w~tMtindin~; ~nd th~nu~?on or theccatttr at the optlon o! u~d ~tort~asee, Hithout no~ce or demand. ~wt at
Law or ~a eqWty. thtreWton. o~ ther~atttr b~~un. m~y b~ prosecuted aa ~t alt moneys a~cured Mropy Aad matured
pelor W Ib liutltutioa
7, That ln tht evwt that at tM M~tnninr o! or at any tun~ pending ~ny suit upon thia mosSt~~~, or W
LoreNow 1~ or W reforna ft. andlor to ~afora payment ot any cla,m~ hee~und~r. aald Mort~ssM ~AW apply
to the court havin~ ~uridictlon tMreot tor th~ appolntment o~ • Recaver, iuch court stuU to~thwtW appoiat
a Receiver oi wd moRta~ed prop~rty s1~ ~nd s~n~uler. including a11 and s~n`ulsr the renta, Incoine. _prof~ta.
Wues and revu?uea trom _whatever wurc~ denved. ea~h and every o~ wh?ch, it Dans expKSSly undetstood. b
hereby mortg~g~f ai if ,~~r~~u~y at torth and deacr~F.ed in the Rr:u~ting and habendum clawea hereof, ub
~uch Raceiver ahW hav~ W ths brosd nnd etiect~ve fun~ti~ns and Ewu•ers in anyv?~~ye entrusted by a court
to • R~cav~t, and iuch appofntment ahall be made by ~uch court as an admitted equlty aiM s matter ot aa
~ofnta rfsht to sald I~tort~ee, and without retereece to tM adeyuacy or tnadequacy ot the ~alw ot th~ pmp-
trty mo~M o~ to th~ ~olvency or Inaolvency ot aid Mart~Cagor andioe ot tha datandants. ~std thst such
r~nt~, pro ti. lncoms, uiuea and re~~enu~a ~hall ~e applied by iuch Receivet accordln; to tM llen and/or pufty
ot Wd ltottg~ea ai?d th~ pcwctloe oI such cour~
b. It is ~derstood and eed that tfiis ortQage is g~ven_ o aecure, in ad ~on to the note r obligation
above descr~ any addition loans or tuture dv~nces made ithin twenty ye trom date h ! by thr
mortgagee to .~d mortgagors r any successor 'e title ot said rtge~ors of the Toperty hereby Rveyed:
prov~decl that t e total unpaid lance ot the in btedr~eis secu herehy at any e time sl~a{i no exceed
the max?mum p'ncipal amouM llars
(g ptus i erest thereon a any disburseme ts made by the ngagee for the ay-
ment ot taxes; lev or insurance the proper2y cumbered hereb with interest on uch disburseme
~i W1TNE38 . th~ ~afd y[ottra~+oe h~s ~x~cuted thts mortss~~ undss ~sa! on th~ day ~nd year
here~n fir~t abov~ wrlttaa.
g~SnM, and e the pre~ence of:
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8'TA~ Ol~'..........F.a.QZ'1d8_....__... ~
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I~ eeron ~s:~r~onaur ww+~........_FIIJI[~...Jef~....~cH~A.Sr~!i~,~_..~A4~...`1~.~_SCHMUCS!!IIER,
~ = ;~T~t~ ~ .l~tf~~.,
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~`p d known to me to Ae tM Indivtdu~l$. desceibed in ond who exeeuted the toregotn~ lnstru-
e
j :•~n~t M betore m~ that ~ha.~ executed the ume for the purposea thareui eipreased.
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~ 1~~.53 my hand and ottfcial ~eal thii.--....~... ._'"'....day oL.._.__~Sa.
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i xotan? Pubuc w.na tor
the County and 3tats Atoresald.
~ My commfssion exp~rei: ~ t',~
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T~ OF . ~
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or~ m~ penonally ~ppeated..-•••• ....~.......».....___..r.._._.._...r.._........._.~
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~ and-•••-••---•-•-• . to m~ wW irnowu. aad
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i known W m~ a th~ .............__.._....._...._....._.PrM1 t aad:.__._..___.__...._._......_~......._._ Saerttar~ .
~
~ reapectively ot ......__...~.f..._._.. tM oorpontlon
i nam~d ta tne tore~o lnstrum~n~ ~ad kaown to me to ttN p~eron~ wIw a~ aeb ottf o! ~ald corpontion.
~ esecuted the sama: aad atW th~r~ tla ~aid .._._.....atW tl~ ~alA
i
k
~ m. Nac wa
a~kaawle~s
fnstrutnent ts the free oet at~d of Wd corpo»Uon br theun p~ctlvel~ esseutb a~ such o » fot tA~
purposea tMrefA ezprewd: tlut ~e~l thersunto atta~ched L corporat~ a~al bp Wsm tn 111u puftr at- ;
tlxsd: a11 und~r tutborlty ta th~m r v..t.a ey ch. Houa or n~nc rs ot sald carpor~tlon. '
WTPlfl88 my Rand ~ad Mal thli ............._.r._.....d~y 7
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f~LEO ANQ RECOR0~0
s• ltlClE COUMTr ftA Notarp Pubuc tn fnd tor
F~SFR POltRAS tb~ C~tr ~ 8~~ ~orwi~'
' "'•f C::CU11 COUNT ~ f[r oo~nanirdao ~cptrw:
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AN'17
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