Loading...
HomeMy WebLinkAbout2195 11?at lsl In the event o! any breach of this mortgage or default on the part of the Utortgagor, or Ibl V tl?e event any of veld aun?a of mcnsy hersin »terted to bs not promptly and fully paid w?thin ten days next otter tM sart?e severally become due and payable. without demand or nonce, or ~ c 1 ?n the event each and every the etipulst?ona. agreements, rnndit?ona and covenant of aa?d prom+s.~niy n•~te and th?a nu,rtgage, any or either, ors not duly, promptly and fully performed. d?acharQed, executed, et[ecteJ, completed, complied wiW and abided by, than, ?n e?thec or any such event. the aa?J aggregate sum m+•ntioned ~n sa+d promissory note then rema??ting unpa?d, with intrre~t accrued, and all moneys secured h.•reby. shall become due and payable forthwith, or there- after, at the option of sa?d Irtortgagee. as fully and completely an ~f all of the aa~4 soma of money ws» orig?t?ally et?pulated to bs paid on such day, anything in sa?d prom?asory-note, and or ?n this mortgage to the contrary not• w?thstanding; and thereupon or thereafter at the opt~~~n of sa?d AlortxaRee, ~~•ithout nonce or demand, Ault at law or ?n equity, theretotory, or thereafter begun, may be prosecuted ss all moneys secured he»by had niatu»d prior to it ?nstitution. T. ?hat !n the event that at tM beginning of or at any time pending any suit upon fhb mortgage, or to toreeloes it, or to rstorm It, and/or to enforp payment of any clams hereunder, said Mortgagee shall apply to the court having ~urisdictlon thereof for the appointment of • Rrce~ver, such court shall forthwith appoint a Racelver of said mortgaged property a!1 and angular. including all and n~nguiar the rent, Income. profits, Wuea and »venues from whatever source der?ved. ea~•h and every ut which, it bung exp»saly understood. hereby mortgaged as it specifically set forth and described in the Rr:inting and hatxndum clausd htreol, and ouch Receiver shall have all the broad and effective tunctinns and 1~+~~~••rs ~n anywise entrusted by a court to • Receiver, and such appointment nhali be made by such court a,s an admitted equity and • matter of ab• solute right to sold atortgagea, -and without reference to the adequacy or inadequacy of the valve of the prop• arty mortgaged or to the solvency or insolvency of said Irtortgagor and nor of the defendants, and that ouch rents, profit. tncome, issues and re~•enuea shall De applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such court. above descri ' Tonal loans or future advances made veithin twenty years [rom date hereof by tht mortgagee to paid mortgago ccessor in title of said mortgagors of the property hereby conveyed• .provided that the total unpa?d balance o Hess secured hereby at any one time shall not exceed the maximum principal amount of Dollars plus interest thereon and any disbursements m mortRaRee for the lay- ment of taxes, levies or insurance on the property encumbered hereby, with interest on rsement. IId WITNa38 WH1I:RROF, the cold ]wfIortgagor hoe executed tNa mortgage under seal on the day and year herein !tM above written. 8lgned, and deli red in the presence ot: ~ _ cc ~ ~i ~L~~L - L 1 a ee o ins y , sTw~ oF....... FI..CGI~IDA---...__---~ MARTIN COLTNIR OF:.._ RULIN KOLINSKY and LILA LEE KOLINSKY, Hefo» me psrsonaDy appeared his wife • ~d;rgej p 1 '•Iji?own and known to m~ to he the individuals-- described in and who executed the foregoing Instru- ~ iedged before me that .~ha.3T executed the acme for the purposes Uereui expressed. •.WITN>g3S my hand and official seal thin......... ---~__._...dsy ot.._.._....~Pr~-------------------~...../-.... lY j - + " n Notary Public 1n and !or f • , ` the County and state Aforesaid. F - ,•I•,..•,.• . , My commineion e~xRp~Y ~~s co oF...--------•- f 3 Before raonaUy appesred ........................•-------•--__._..r.__._._.._.___-•-•-------•---.._.._.__......_......_.._..__._..---............._ to me weU known sad and P ~ known to ms W be the ......Prsddeat and___r......_..__._.__.._.._...................._......_....r_...__ Secretary ~ respectively of the oorporaUoa ~ named in the foregoing instrument, and known me to be t1?e pstaona veto v ouch otScen of Hold corporation. i executed the same: and then sad the» the sa1d.........._. ...............___..........-----_.........._..aad-the sold _._.__..dld ackaoa?ledge betora me that sold irutrument la the tree act and dead of said corporation by them ra vely executed as Hoch officers toe tM purposes therein expressed: that the seal thereunto attached V the co t Heal by these in lilts capacity at- flxed; Wunder authority in them duly vested Oy We Board of Directors of corporation, vvrrx>res my hand sad ottldal seal thin........... ....day ot.._-.....-._.._.__.. 1Y.._.. . - - - U . . - - - Notary PubUc In and for s ' ' _ • . ' ~ t!?a County and State Aforesaid. X59 + qty aptrss: '19 ~5= I ~ A~1 ~ 53 - - s