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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: L~L J ~ ~ JI 7 ? f ~ ! T~ ~ ~~~i7'I' 2372L/C ,s-~ii ~ . . 8'TA~ Ol~'..........F.a.QZ'1d8_....__... ~ ~ COQlLT,i~OP..; -.lyB~lII ~ . I~ eeron ~s:~r~onaur ww+~........_FIIJI[~...Jef~....~cH~A.Sr~!i~,~_..~A4~...`1~.~_SCHMUCS!!IIER, ~ = ;~T~t~ ~ .l~tf~~., ~ ~b ~ . ~`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. f . . . ~ . c - , • > . 1~ . ~ 1~~.53 my hand and ottfcial ~eal thii.--....~... ._'"'....day oL.._.__~Sa. ~ ~ ~ ~ ~ _....._.~~......~..~..._~.~?__....~r~.. i xotan? Pubuc w.na tor the County and 3tats Atoresald. ~ My commfssion exp~rei: ~ t',~ •r~.,. ~ T~ OF . ~ [ • r ~ co o~ ~ or~ m~ penonally ~ppeated..-•••• ....~.......».....___..r.._._.._...r.._........._.~ ~ ~ and-•••-••---•-•-• . to m~ wW irnowu. aad i ~ ~ 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 , . . 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: _ , c _ _~E~ ; . AN'17 . ~s~9 g~267 ~ 8Gi . ~ u~:~-~-. - ~ ~ _ ~ _