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HomeMy WebLinkAbout2830 i 6. That (a) in the event o[ any breach of this mortgage or default on the part n[ the Mortgagor, or (b) in the event any o[ said sums o! money herein re[erred to be not promptly and fully paid within ten days next after the same severally be- come due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage. any or either, are not duly, promptly and fully performed, dis- charged, executed. effected. completed. complied with and abided by. then, in either or any such event. the said aggregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable [orthwith. or thereafter, at the option of said Aortgagee, as full and completely as it all of the aid sums of money srtre originally stipulated to be paid on such day. anything in aid promissory note. and/or in this mort- gage to the contrary notwithstanding: and thereupon or thereafter at the option of said Mortgagee, without notice or de- mand. suit at law or in equity. theretofore, or therea[ter begun, may be prosecuted as it all moneys secured hereby had matured prior to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to foreclose it, or to reform it. and/or to en[orce payment of any claims hereunder. said Aortgagee shall apply to the court having jurisdiction thereof [or the appointment o[ a Receiver, such court shall forthwith appoint a Receiver n[ said mortgaged property all and singular, including all and singular the rents, income. profits, issues and revenues from whatever source derived, each and every o[ which, it being expressly understood, is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad anel effective functions and powers 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 absolute right to said ~fortgagee, attd without re[erence to the adequacy or inadequacy of the value of the property mort- gaged or to the solvency or insohency of said Mortgagor and; or of the detenclants, and that such rent, pro[its, income, is- sues and revenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such court. scribed any a ns or future advances made within twenq• years tram date hereof by the coo ~ mortga- gors or any successor in title o on of the property hereby conveyed: a total unpaid balance of the indebtedness secured hereby at any one time shall no a maximum principal amount of _ - - - _ _ - - - Dollars (s lus intemt thereon and any disbursem y t e mortgagee for the payment of taxes, levies or insurance on the prope red hereby. IN WITNESS ~YHEREOF, the said Aortgagor has executed this mortgage under seal on the day and year herein tint above written. Signed, sealed and delivered in the presence ot: - -EGG ine L. Signore j STATE OF __-_-_-_.-_F1Or1C~d _ COUNTY OF _ ._.-Martin__ i Be[ore me personally appeared A~'1~1]~-_ L_.-_ S~=4nore.---- - . _ ~ to me well know and known to me to be the individual described in and who executed the foregoing instrument, and acknowledged before me that She---. executed the same for the purposes therein expressd. - WIT\ESS my hand and official seal this .__l_L,~ Md _ ~ - 9; • ~ clay o[ - - -----y - • _ 191{ ,U'~ RR i~' ' ry Public in and for - ~ • - ~ ~i?~ County and State Atoret~i~;~-c-~=?o !'Q fILE~ ANGl;ECOttOtB A commission expire: - ~'_0 ~ • SI L~ CIf COUN1Y.fl1?. lIO~TAR1f NALK STATE ~ ~ T L]r#GE .i STATE OF - - - - - - ROAR P01=RAS - ~(t1aCUl1 C T - MT COw?MisS-ON Exr/4'}% COUNTY OF ysRlftEO / gOPnED iFlRll ~flrfRAt • • • : ; 1 Before me personally appeared - --7~~s - Q g~ and - ---------------~`~C~a.~4a7--- - - to me well known and a known to me to be the President and Secretary ! K respectively of - - - ,the corporation µ named in the foregoing instrument, and known to me to be the persons who as such officers of said corporation, executed the same: and then and there the said and the said - _ did acknowledge before me that said i i instrument is the free act and deed of said corporation by them respectively executed as such officers for the purposes there- in expressed; that the seal thereunto attached is the corporate seal by them in like capacity affixed: all under authority in them duly vested by the Board of Directors of uid corporation. z WITNESS my hand and official seal this day of _ _ • 19 ~ Notary Public in and for ~ the County and State Aforesaid. ~ Aty commission expires: k OR ~ 2~ aoo~ 3~9 ~F 8 / ~ . _ - - - ~r