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HomeMy WebLinkAbout1858 6. That lal !a the event of any breach of this mortgage or default on the pert of the 1liortgagor, or ib? ui the event any of uid soma of money herein referred to be not promptly and fully pod within ten days next otter the same severally become due and payable, without demand or nonce, or ~c1 in the event each and every the at~pula:ions, agreements. rnnditions and covenants of sa?d prom,asm y note and this mortgage, any or either, are not duly. promptly and fully performed. discharged, executed, ettecte.l, completed, complied with and aD~ded by. then, in ether or any such event, the satJ aggregate sum m~~nt~oned ~n said promissory note then nma~rung unpaid, with interest accrued, and all moneys seared hereby, shall become due and payable forthwith, or there- after, at the option of said Mortgagee, as fully and completely as it all of the sand sums of money were originally attpulated to be paid on such day, anything in said promissory note, an~i • or In this mortgage to the contrary not- withstanding; and thereupon or thereafter at the option of said I?lortgagee, ~rithout notue or demand. suit at law or in equity. theretofore. or thereafter begun, may ba prosecuted as it all moneys secured hereby had matured prior to its institution. Z. That In the event that at the beginning of or at any time pending any cult upon this mortgage, or to foreclose !t, or to reform It. and/or to enforce payment of any claims hereunder, said Mortgagee shall apply to the court having ~urisdictlon thereof for the appointment of a Receiver, ouch court shall forthwith appoint a Receiver of said mortgaged property all and singular. including all and singular the rent0. income, profits, issues and revenues from whatever source derived, ea.:h and every of which, it being expressly understood, L hereby mortgaged as if apecitically set forth and deacr~Eed in the Rrunt?ng and habendum clauses hereof, and such Receiver shW have all the broad and effective functions and Ix,~~•ers in anywise entrusted by a court to s Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab- solute right 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 uid Mortgagor andior of the defendants, and that such rent. profits, income, issues and re~•enuea shall be al,plied by such Receiver according to the lien and/or equity of Bald Mortgagee sad the practice of such court. - n above a ditional loans or future advances made within twenty years from date hereof by the mortgagee to said mortga ccessor in title of said mortgagors of the property hereby conveyed; provided that the total unpaid balance o ss secured hereby at any one time shall not exceed the maximum principal amount of Dollars (S plus interest thereon and any disbursements made y for the {,ay- IIV WITNESS WHEREOF. the Bald Mortgagor has executed this mortgage under seal on the day and yeu herein first above written, / Signed, sealed and delivered !n the presence ot: C ~ ~ Shirley A Hunter 446006 ~9T9 29 P~= 2~ 39 sTwT>r of......F..~4~.~.-.-.-......-... fib atl:OSUEo sa SI I.UCE COUNT Y. F l A. COUNTY OF~I'L...........-•---...... RSA POITRAS ~ CNtCU1T COU .>3e>b:.~ yecsooauy appaared......._......SIiSRL~Y..A.,....IiIINTER.._-------_....~pp~.•>~ , to rq4 ~we11 known and known to me to be the individual described in and who executed the (ongoing tnstru- ment; ~tnd acknowledged before me that ....he..._ executed the same for the purposes therein expressed. rt WTl'NES3~~y band and official seal this--.sX.-l~l..---.•--.-_...day ot.......NiB~i..........-.........- lii_7-9. f _ 'V""~'~"""""'..........~..._~_ ` - Otaly Pub~lc In and f0r j the County and State Aforesaid. ~ My commission expires: /O./3-dam s ~ ss. CO OF--------------•--._.---.__._.......__..._ F Before rsoaWy appeand g and t0 me Weil known sad known to me to be the-----..._._.._. -.---_.._..-_..Presideat aad..._._~....._.-------._.._..___........__....__.......~.........._._ Secretary respectively of ._M_..........._.~._._, the corporation { named in the foregotag itutrumeat, and known me to be the persona who as such ottlcen of sold corporation. s s executed the same; and then and there the said -------.........-.._.__....-.._..__~-.-_---..._.....__aad tta Bald I _ did acknowledge before me that said instrument to the tree act and deed of said corporation by them rea vely executed u such ofAcers for the purposes therein expressed; that the seal thereunto attached to the ro to seal by them to Ltks capacity at- fixed; W under wthority in them duly vested by the Board of Directors of rporatton. ' wlTNrsS my hand sad otticfal eeal this.--•----...~.r._._..day of Ifi.._._ Notary Public in and for the County and State Aforesaid. ~ i t t aooK ~ PAGE 1855 - - fs