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HomeMy WebLinkAbout1003 ~ ' i ~ - ~ . t •i~terfere in any way with the business operated upon said ~ ~ E property. ~ , ELEVENTH: That the mortgagors promise, covenant and agree to pay promptly when due the sums of money and interest as mentioned in the promissory note, together with any and ; all other sums justly due and owing the mortgagee by the~ terms of this mortgage, and secured to be paid as aforesaid. If default shall be made in the payment of the sums of money ; or any other part of such sums as provided in the note or i ~ this mortgage and the default shall continue for a period of f thirty (30) days, or should the mortgagors breach or fail to r+nrtlnl v mi f-h anv ~thsar nn~sonanf- r+r ~nrnmm~nf- 'n» ~-hn rnr~ ~f the mortgagors to be complied with (in those cases in which the option of the mortgagee of acceleration is not otherwise ' . ; provided expressly in this mortgage) and such breach or noncompliance continues in existence for a space of thirty (30) days, then and thenceforth, at the option of the mortgagee and without notice to the mortgagors, the whole of the principal sum expressed in the said note, together with all other sums provided for in it shall become due and payable immediately, without notice to the mortgagors. TWELFTH: That in case it should become necessary to ~ ~ place this mortgage deed and the note secured by it, or I ~ € either of them, in the hands of an attorney for collection,. ` ~ [ . the mortgagors covenant and agree with the mortgagee to pay # ~ ~ all costs, charges and expenses of such collection, inclu~iing ~ reasonable attorneys fees, whether collected by foreclosure . or otherwise. ~ ~ THiRTEEiv~~i: T~ta~, in the ev~nt that at the beginning g - ~ or at any time pending any suit upon this mortgage or to ~ foreclose or reform it to enforce payment of any claims ~ ~ ~ under it, the mortgagee shall apply to the court having : ~ ~ jurisdiction for the appointment of a Receiver, such court ~ ~ ~ ~ forthwith shall appoint a Receiver of the mortgaged property ; : ~ all and singular, including all and singular the income, ~ ~ ~ profits, issues and revenues from whatever source derived, each and every one of which, it being expressly understood ~ is mortgaged by this instrument as if specifically set forth ~ , ~ - 7 - ~ oor, ~11 P.~rE 1~2 ~