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7'bat (al fp U?~ ~vtat ot ~ny Dnac1? ot thla mort~~ or dttault on th• part ot tRe 1?lorts~~or, or Ib1 tp I
t1u tvenl any ot uld ~uma o! monty b~nlA nt~rr~d to p~ not promptly ~nd tuUy paid withtn ten day~ ntxt
~ttu th~ aam~ ieverally bccom~ du~ and p~yabl~. vhtAout demand or not?ce, o~ ~ c 1 u? the avent sach aed tvtry ~
t!?~ ~t~pulauons. a~reement~, cond~tlooa and rovenanta o! aa~d p~om~s~n~y n~~ce ~nd thia m~~~tga~e; any or elthet.
ar~ not duly, promptly tod fuily perto~m~4, d~u:h~~Ced. exccuted ettecteJ, compteeed, compl~ed witA• a~ ablded
~ by. then. ~n e~tAer dr ar~y such ev~n~ tht auJ a`~ntate aum m~~nt~oned ~n sa~d prnmis~ory note then rcma~nins
unpa~d, w~th mtN~e3t ~ccrued, and all mo~~ys secured h.•reby, shall becum~ due and pa~•able torthwith, or then-
afttr, at the option o[ sa~d Mortga~ee. as fully snd compietcly ~s ~f all ot the said ~um~ o[ ntoney wtre o~i~tnally
~t~pulated to be pa~~ o~ sueh day, toylhlns ~n uid prooi~ssory ~ete, an~1 or ~n th~a mort~r~e to th~ contrary not-
withsta~ding; and thereupoe ot therca~ter at tlte opt~on of sad Alort~aAee, a•ithovt notue or domnnd. ~ult at ~
1~w or ?n equity. thereWton, o~ thereatt~e be~un, rtuy De prosecute.i aa it aU moneya ~ecured Aereby had matur~d {
peior to its ~nstiwt~on. E
T. That ia th~ ~avtnt tR~t Rt th~ M~fnaiu~ ot o~ at at~y time pend~ng any auit upon th~s mo~a~~. oi to j
forecios~ it, ~r to r~toerra ~fi. andlor to entorc~ piyment ot any cla~ma he~eundsr, sa~d Mort~e~ shall ~pp1y
to the court h~vins jurlsdictlon thenot for the appointment ot a Rr~e~ver, such court shaD torthwith appoiAt {
~ Recelver ot said mortgaged propsrty att ~nd si~ular. includ~ng ~1! and s,ngulsr the rents, lncolne, proAt~„
1s~uei and revenues t*om whatever source denved, ea.•h and every ut ~vh~ch. ~t br~nR eYpressly un4erstood. 1~
hereDy mortgagM as it spec~[ically set torth and descnt.ed in the Rr:inttng and habendum cl~uecy hereot. and
~uch Rtce~ver sAap have all the broad end eltect~ve tunet~n~~ and ~n anvw~se entcusted by a eouet
to t Rec~ivar, and auch appointment shall be msde by ~uch court as an adm~tted equtty at~d a nuttet ot ~b-
~olut~ riaht to sald J~[ortpgee, and wlthout retereece to th~ adequacy or ~nadepuacy of the value ot th~ pwp-
~rty mortSased oe to the aolvency or insolvency ot said I+IortgaRoc a~di~~r ot the deiendants, and that ~uch
rw~t~. protits. income, issuea and rercnuq shaU be applied Dy such Recei~•er ~ccardln` to che llen arid/or eqWty
o! satd ![ortsasee aad ihs pracUC~ of such couc~
above descr~ al lwns or tuture advances made within twenty years irom date hereot by the
mortgasee to ~aid mortga~ors r in titie ot said mortgagors of the property hereby conveyed; ~
providei! tbat the total u~paid balartce ot the ~ red hereby at any one time shall not exceed
the maximum principal amount ot po~~an
pius interest thereon and any disbursements made bp t e r the pay-
II~I W1T7Va33 W~iER~OF, th~ aald y[ort~or !w ~xecuted this mort~a~e under aeal on the day a~ ye~r
Mrein tir~t abov~ writtm
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81~ned. ~eaiM and deUvered in the presence ot:
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~GZ.~ . _ -
~ , ~ ~ George . Snell. -
a... -
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i Terry nell _
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~~Q~Y'OR-.•1~,~- ~ {
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GECRGE K. SNELL and TERRY B. SNELL
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• C,~aMb~4 ~ ~rsa~aU7 aPPeued•HIS WIFE~ -•-~•-•-------........._._....._.._...._.._._..._.......s_.......
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-t'p'•.me~y? ¢ctrol~ln: nown to m~ to be the ind~viduat.$. desenbed in and wAo executed the toregofns lnattv-
ai~nt~; ~ ~exno~v~~~ betore me that _~_he.3T. executed the same tn~ the purposea therein e:prsued.
~Vp~i~`my hand ~nd oftictal aea! tlua......~~_...__~...dsy ot.._._J__.!_~~-'_._......_.._..» . lY..~
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N PubUc !n and f
the Count ~d State readd. ~ €
Y
My commission expire~: G~ 3~j~f'~~v~ '
ATS OR......-•-• • '
>
si.
CO OF ~
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Befo e petsonally ;ppeared.•----•.._......--•-•••••••- ~
ii14......_ _.._..._...._.._._.....~....~......_.~~...._.~N ~....»_~..--.._..y .LO m~ ~ .ImOwii aM ;
. .._...Prwfd~nt atid.._»~.-~-------_».--•---.- 8~ctr~tat~ ~
knov~rn to m~ W Ds the---- n ct
respectivelr ot th~ oorpantloa
named in tbs tore~otnt iiutnun~a~ known to me to be th~ pr~on~ wbo a~ ~uch oMcers ot sald corpontioa.
executed the sair~e; aad than anA th~r~ Wd........._._..._...___...-•_---.._._.:..._ ...................._....._._,......._.._..aaA t1~ WA
.......db aelcnowrl~~ b~fan ws tlut WA
lnswment li t1~e tree act and deed o! s~W corpontl by then~ rtspktlvely essrut~d u sueh ottfars for ~ ~
Purpo~ea th~n~e expreised: that the ~eal thereunto • it tl~~ corpoe+ab isal by th~m W 111u Capadtr at~
fixed: a!1 under anthorlty 1n th~n dulp vat~d by tA~ Ho t Dfrectora ot aald corporaUon.
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~~1~.UC1E ~~11M 'S ~e~~ tM Count~ stat~ wtorwt4. ~
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