HomeMy WebLinkAbout1067 d. 'c'hat (a) la the went of any breach of fhb mortgage or default on the part of the Htoregagor, or Ibi to
the event any of uid sums of money herein referred to De rtot promptly and fully paid within ten days next
attee the name severally become du. and payable, without demand or nonce, or icl in the event each and every
the sbpulations, agreements. conditions and covenants of said promusmy note and this m~,rtKage, any or either,
are not duly, promptly and fully performed. discharged. executed, e[tected, completed, complied with and abided
by, then, in either or any such event. the said aggregate sum m~~ntinned in said promissory note then remaining
unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable lorth~vith, or there-
after, at the option of uid Mortgagee. as 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, and or In this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option o[ sa,d 1`lortgagee, without nonce or demand, suit at
law or is equity. theretofore, or tliereatter begun, may bs prosecuted as it ali moneys secured hereby had matured'
prior to its Instltutlon. p
7. That is the event that at the begtnnlag of or at say time pending any suit upon fhb mortgage. or to
foreclose It. or to reform 1t. and/or to enforce payment of any claims hereunder, said Mortgages shall apply
to the court having ~urisdictloa 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.
tasues and revenues from whatever source derived, each and every of which, it being expressly understood. /a
hereby mortgaged ss it specifically set forth and deacrited in the Rr:inting and habendum clauses hereof. and
such Receiver shall have all the broad and effective functions and po«~ers in anywise entrusted by a court
to a Receiver. and such appointment shall be made by such court as an admitted equity and a matter of ab•
solute right to said Mortgages, and without roterence to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said Mortgagor and~or of the defendants, and that such
rents, profits. income, issues and re~•enues shall be applied by such Receiver according to the lien and/or equity
of said Mortgagee and the practice of such court.
above descr dditional loans or future advances made within twenty years from date hereof by the
mortgagee to paid mo g uccessor in title of said mortgagors of the property hereby conveyed;
provided that the total unpaid balance o secured hereby at any one time shall not exceed
the maximum principal amount of _ Dollars
(S plus interest thereon and any disbursements made by a for the pay-
, n e pro ,
IIV VI/TTNE.S3 WHER)e:OF, the said Mortgagor has executed this mortgage under seal on the day and year
herein fiat above written
3lgned, sealed and delivered in the presence ot: .
~ ~ ].c~a L. , Jx.
._...Gle.~9r.~~:~:.L~!~......... ~ W~
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(THIS IS A PU~.SE MX~IE'X SpOCt~ID MJKI~C>~ .
STATE OF.._~ )
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COZJNTY OF....~
Betgp+aaMipargqpally sppearsd._....._._._WILLIAM L~_ WEBERl JR . -and .JANET L .
•`r'r
to q~.f?`~d1•'•~o~vt~~and'~ to me to b~ the individual S- described in and who executed the foregoing inatru-
mea~, a~d`~Illltrio~?pdjev'~efert ma that L..he~ executed the same for the purposes therein expressed.
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.m,;)~ sad otflclal seal thi......1 9....-..»..»».day of.._»
~
~r~
~,~e ~ ~ Notary Public is sad for
~~~1'~iitti~«" the County avid State Aforesaid.
e My commission expires:
~ STATE OF_..-•--•-----..»---».»...._--•--...........
ss.
~ COUNTY OF._._.._.._..»..»_._._»..........».._
F
i Bofors me Personally appeai•+ed..-----• .
3
and......._ to ms well known sad
~ known to me to be the_.........._-----...»......».»....Presldent and.r..._.._.._..».»..._.._---.._........__.....---•--..»»..».»..._.» Becretary
respectively of the corporation
named to the foregoing insttument. sad known to me to be the persons who u such officers of said corporation,
i executed the same: slid than sad there the sald......._..».....~......».._..».........--•--»..»..».»..-----..»»_»..__......_.._...aad the said
,
~ ._..dld aclaiowlsdge bsfora me that said
instrument U the tree ut and deed of said corporation by them respectively executed sa such of!lcers for the
purposes therefor expressed; that the seal thereunto attached V the corporate seal by them in lLke capacity a~-
fixed; Wunder wthority la than duly vested by the Board of Directors of said corporation. r
WTTPT688 my hand sad offlelal Seel thb._..._...__._.._._.....day of_..___.....» lti..___ }
Notary Public to and for
Uie County and State Aforesaid-
Yy oomailsslon explr+es:
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gooK 3U7 106?
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