HomeMy WebLinkAbout1806 d. That (a? la the event of any breach of this mortgage or default on the part of the I?tortgagor, or Ibi to
the event any of said sumo of money herein referred t4 be not promptly and fully paid within ten days next
otter the same severally become due and payable. without demand or nonce, or icl in the event each and every
the stipulations, ag»ementa, condittona and covenants of s.•ud prom~ssoiy note and th~a mortgage. any or either,
are not duly. promptly and fully performed, discharged, executed. effected, completed. complied with and abided
by, then, in either or any such event. the acid aggregate sum m~•ntioned in sn:d promixtory note then remaining
unpaid, with interest accrued, and all moneys secured h~rtby, shall become due and payable forthwith, or there-
after, at the option of said Mortgagee, u fully and completely as it all of the said sums of money were originally
stipulated to be paid on ouch day, anything in said promissory note, anA or fn this mortgage to tht contrary not-
withstanding• and thereupon or thereafter at the option o[ said I`lortgagee, without nonce or demand. suit at
law or in equity, theretofo», or thereafter begun, may be prosecuted u it all moneys secured he»by had matured
prior to Ito institution.
7. That in the Brent that at the beginnUtg of or at any time pending any suit upon fhb morgags, or to
foreclose It, or to »form It, and/or to enforq payment of any claims hereunder, said Mortgagee shall apply
to the court having ~urisdictfon thereof for the appointment of a Receiver, such court shall forthwith appoint
a Receiver of said mortgaged property all and singular, including all and singular the rents. income, profits,
issues and revenues from whatever source derived, ea.h and every of which, it Deing expressly understood. b
hereby mortgaged as it apecitically set forth and deacrited in the Rrunting and habendum clauses hereof. and
such Receiver shall have all the broad and effective functions and pon•ers in anywise entrusted by a court
to a Receives, and ouch appointment shall be made Dy asch court as an admitted equity and s mattes of ab•
wlute Wight to sold Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said MortRaRor andior of the detendanb, and that such
»nts, profits. Income, issues and rc~•enua shall be applied by such Receiver according to the ilea and/or equity
of sold Mortgagee and the practice of such court.
above 'Tonal loans or future advan de within ~ ears from dot reof by the
mortgagee ortgago r in title of sai ltgagors Q erty herebv
provided hat the rota glance of a secured lilreby at any one all not exeeeed
the maximu cipal amount of ollars
(S plus interest thereon and any disbursements made by t e m he -
IN W1TN~.S3 WHEREOF, We said 3lortgagor has executed this mortgage under seal on the day and year
~herein~fl»t above writ
Signed algid d red in the presence of:
a W . Marshal l
_ ~r
or~ a E. Marshall
3TATiC OF...~I,r_QR~DA )
MARTIN }1
COUNTY OF.....-_ ~
HARRY W. MARSHALL and LORRAINE E.
Beto» me personally appeared......._........__.__._......_.._._.._..._...-_-_-.•.•--_._....__......_.__..._......---...__........-.._._.
MARSHALL, his wife,
Lo me wsll known and known to me to h~the individuai S. descritxd in and who executed the foregoing lnstru-
utai~ and i4ckaowledged before me that .._he.y executed the same for the purposes thsreui~.exep_ressed. -7 p
Cam'` ~-aWtTNS33 my hand and official seal this .............•--1._..-...day of--___-..._ ~~w-`:'~'~•-.--.__...., 3A.-4.1
- y Notary PubUc in and for
" , ~a ~i the County and State Atoresaidl.
~ .1 ' My conunission expires:
f • , ~ NOTARY PUEiI~. STATE OF ROP.tuA AT LARGE
~t[JNl`~ OF ss. A(Y CO?.iMISSIUA EX?1.tES AU;. 21. 1931
s
I
~ Before me personally appeared
E
arid to me well Own sad
E
's, known to me to bs the........-•-----_-....__.....-.._...Preaid nt and..___ 8ecretar~
x
s
respectively of Y the coipontlon
named In the forego trument, and known to me to the persona wbo Y such otllce» d corpontlon,
~ executed the same; and Ne and the» the said......_._......_... ..and the sate
- ....__d,1d acknowledge before a that sold
instrument b the tree set and deed of d eoipontlon by them ctively executed u such office for the
i purposes therein expressed: that the K thereunto attached b the rponb seal by them !n like cap ty af-
tixed; Wunder authority In them duly va by the Board of Dtrecto t said oorpontlon.
€ -
~VT3'I~88 my hand sad ottlcfal seal ..._day o!_.-._ 1>i.._--
.....~7....__.__..
No Pubtlc to d for
the County and 8 Atoresaid_
. My ooinmisaloa exp
a
I
soaK 304 ~~E1804