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8. That (a) !n th~ event of es~y breach of thi~ taort;;a,~r o~ de(.?ult on the ,.~~t of :2:r :~LotiFa~;~c, oc Ib? 1~
the eveat Rny ot asia sum~ ot mortey ~erein ~e~~~r~a w e~ nut prrnp:ly anJ tnlly p:ud wi~hin tra day~ nrx[
e?fter the s:?r.ie aaveratly brcomr due a.~d payablr, w~thout drmand or n~t~re, or ~cl ~n tt:e e~'ent each aad evrry ,
t~:a y,~pu{.~t~~rts, agrccmrn:s, cond~tio:~9 nn~ .•nv.nant~ ut s-uc! pro:n~sene~ r.+.:e ar.d i.*.?~ ruut;;s~a, an~ or e:t::er,
arr r.~j d~ly. pror:~ptly aad tulty pertorr:ted, discha~~ed, exrcuted, rtirctrJ, cu:n, l~trd, cu:nplird ~vith ar.c! abe~r<l
Dy, t?sen, ~n r~the~ or any such event, thr saW ag~fCgJ:t SUSI1 mrr.t~nnr.1 ~n st:d pru:n:~sory note tRen rrma~ g
unpa?d, wilh ~ntr~e~t acc~urd. anel aU r.ioney~ secured hrraby, shalt become dua and p.~~•ab:e lo~ih~cith, or ther~
after. at the aption ot said ~~tort~agre. a~ tutly and cnmp:atel~ as it sll ot the sa~d su~ms oi rr.oney ~.ere or~genally
atiFul~:ed to be pai;i on such @sy, anythin~ in ~aid pron:~ssory r::~:e. :!:i~l or in t~i9 m~rt~a~a Lo [t:e con;rary r.c[- !
k~:hs:and:ng; Rnd tharru~on or the~ralte~ 1t the opti~:1 0l sa~d ~tort~lgee. ~.~~t~:out not~ce or dcrosad, ~ui[ at i
19w or ~n equtty. theratotore~ or thereatter b~gun~ may Gr prosecuted att monrys secured hareby had r.satured
pnor to its ~nstitution. "
, !
That in the event that at the begia.~ing ot or st nny t~me penCir.g any suit upon thi~ mor_gage or to
foreclo9e it, or to retorr.t 1t, and/or to enforce payment ot any clair~e9 he?eiindar, +tid ?tort~a~re ~halt ap~:y
~o tY:e cou~t hav~r.g junyd:ction thereof tor the a?pois`mer.t o! a F:~~rr~er, ~uch court s~zli fo: thsvi:h ap~o:n;
- s Receiver of ~tid mortgaged prope~ty all nnd singulac. includ~ng all and sino 2ar the renta, income, pro;ita.
i~sue~ and revenues L~om what~ever ~ource derived, ea~h and e~ery o[ ~~hich, ~t be~n~ exp:es~ty undentood, ia
heteby mo~t~a,;M as ~t epecificaiiy set to~in and oescr~~eu in ihr K~ani~no :s::~I i~aurauucii Ciaiiye~ nrcrof, und
euch Receiver shali Aave all the broad and e(tective functinrts an~! pu~e•er~ in any1~lse tntcu~ted by a court
to a Rece~vec. snd auch appointtnent shall De made by such Cuurt ~ an edmitted eq!iity and a matter o[ ab~
aolute right to said Aioctgagee, and without ~eference to the adequacy o~ inadequacy of Lhe value d[ the p:ap-
erty mortgaged o~ to the solvency or insolvency ot said I+tortRa~or and~o~ ot the dr[eadaat~, and that auch
renb, pro(~[a, incomr, isaue~ and r~~'enuea shal! Qr ~ a;~pl?ed Dy such P.ece[~e~ accoreling to the 2ien and/or equity .
ot ~aid Diortgagee and th~ practice of suct~ cou~~
8. It is understood and agrerd that this mortgage is giv4n to secure, in addition to the note or obl~gation
above descnbed any addi:ionat loans or luture advances made within twenty years Erom d~te hereof by thz
m•utr~~ee to ~a:d morL~agors or anv succeswr in titlr ot siJ mort~agors o: the prnpe~ty ne:ehy conyryed;
p:.~vid~l t~at the total unpa?d balancr of the indebtr~3ness secured h~rr~y ~t any oz~ timr sha~t not ex~r~d
th~ niaxi+num principal arr.ount .oi • Doltars
(S plus interest therec?n and any disbu?semenis made by the mortRa~ee for the pay-
mrnt ot taxes, levies or insurance on the p~operty encumbered hereby. with interest on such disburserr:ents_
IN ~VIZ'NESS NHEREOF~ th~ s~ld Mortgagor ras exacuted thi~ :nortgage ueder seal on ths dsy and year
herein tirst. ~bove ~rrlitea.
9lgsied. aealed snd delivered in th~ pre~ence ot: ~
Q. ? , ;
~ ~ ~~p~ .T~w~'r ~r pona'd R. Brown .
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Wi n ss as to Carol A. Brown M~ Q. -
Carol A. Brown
STAZ'E OF_.[.:~C.~.~~.l.~K'!'~.._.___._
- ~ ,
COLJNTY OF: ~~L~Lw'.~...._..___....
Betore me penonslly appearedr.~~.L~ _ ~...~.{~1?~ ~ ~_1~":i
~..~._1~.._f~RO c. ~ .
_~.a~_.__..~...___.._.~._.__.__...._.._..__~.._.....__.~..__ __r._._~_....~__._~
to me well known end kno~vn to me to be the individual de~criDed in end who executed tre foregoing In~tru-
~ ment, and acknowledged betore me that ._.t?e____ executed the same tor the purpoeen therein expresaed.
f - . ~~Il~d.~'._.~ .
WIINESS my ?+end snd ofticlal ~eal tt,ia._. ~ l-.-..~ ..daY of..~ 197~L.
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~ 3,s. , N tary Public 1n and f r
. i~~+,~,: e wnty
arsd State o d.
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' ~ • GORDGN ','cGUSF~ 2S} com.^iisaiun expina:
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OF.e.~::;~-PCL('~C;4iaqr~ F~: '~-ti. s~. GuRWN fAcGUiRE
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' ti~V~X'1~ ~'ll~f2.~...24. '~i8~ Nu.~ry PU~'.'t, lisi~:z G~ ~'?ti, '~'ich. t
'~r~~~;
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. ~.s-- My Canrt~~ss+un Exp~:es feb. 24. i:3i .
$et9re me pe:~onslly s?P- -
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anb.__.•••......-•----••---•-----_......_-------.._.__.~~.--------_....._ ~---..__....r..r--•----•--•-----+ to ms weU Y.nown euid
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kno~rn tn r..e to br. t~`~e..._._ .T': rs.'c::[ nz~.~ - . - . - 5?cre_a.7 e
r~saectively ot . - the eorporntton '
r.amed tn the foregolrig i-utnunent, and Yso+~n io me to hr iJ~e yt: aons ~ti'??o na 8ucl~ o!dcerrs of aald carporaL'o~ •
° exeeut~d t.*.? anme; wr.d the~ an~l tt~ere !he antd. ..-.._.and the aeld ~
~ . - . _ ----~Id r.ckn~wle•!ge be!ore m~ U.nt eald
~ ° .
~R3LCLSf:~r;S~ 19 the fre? nct nnd deeJ of safd eorporation b~• ihen re;pectlv~l_v exec~r!e~t a.9 such o:Cce-~ for the
purp~9~~ ther~in expre~sed; that the 9!A~ th~rrur:to +.t!arhed 1+ the corFu:a:~ +ral by th~L~ tn l!::e c:apnclty a:-
tix.~f; ral unrlrr auihority In thesn duly ve~teA by tn+_ P.oard Directora of sa:d corporaL'cn. ~
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~ ~VI'i'LiF,SS my T?~nd and otdclF+1 scal thi~ ~Sy of-•-••--•--•-•----- . lU...__ '
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~ ST`(, QI NTy fLA 1t,tary F1ihtJc ir~ v.i for
~ ~AQFR ~OITR~S t~~e Ccuniy and ~ta.a ~n:es~?td.
~`lEF r ~':~CU:T CO 'i' +
~c r c~c ~ .'.=Y t.rn:.:`tsiaa ~x~lse+:
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F_. I6 122iPM 18 i
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