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HomeMy WebLinkAbout2514 . ~ a. 7Uat ts) le tM ~wnt ot ~ny b»~eh ot thli mortsap o~ detault on the part of tM biort~+?gor, or Ibt W LM ~vent any-ot pld ~uny o! ~aon~r b~nlA rel~cred to be twt pcomptly and luUy pa~d within~ ten day~ next ~tt~r th~ aam~ Nv~rally Decom~ du~ aad p~yabl~. without demand or notice, or ~c) in the event each and every tM ~uputations. asnemerta, coodltion~ at~d rovenarts o! asid pmm~aso~y rtote and this mortgage, any or elther. u~ aot duly, promptly and tully perto~msd, disi:harged. executed, etfected, completed, complled with und abided by. ther. tn eitM~ ot any ~uch ev~nt~ the uiJ sggre~ate aum mrntioned ~n sa?d promissory note then rcmauun~ unpa~d. with intareat uccrue~, ~nd W money~ ~ecursd hereDy. shall become due and paysble torthwith, or there- aft~r. at th~ optlon ot ~ald ~Sort~a~ee, as tully and completely as it a11 ot the sasd aumi of money wtre originally stipul~ted to be puid on such day. anythlna ie~ uid promisso~y note. and %or In thts mort~e to the contrary not- ~ with~tandins; and th~nu~oA or thenatt~r at the optioa ot sald btortgagee, without• nouce or demand. ~uft at law or in puit~r. tb~retotoe~ or W~etiatt~r be:un, may Ds prosecuted a~ u ap moneys ~scured Mreby had matured pdor W its UuUwUoa 7. Tl~at W tM awnt Uut at tM Msinnlt~ ot or at aay Ume pending any auft upon thls mortsap~ or W loracloss it~ o~ W r~forra 1~ aAd/or to aaforoe p~yment ot any cla,ma hereunci~s. u!d Mortsssse abW apply to th~ cou~t bavins. iurladlcUon Wsreo! tor the appotntment o! a Recerver. such court shall fottharftA appob?t a Reeeiver of ~ald mostga~M psopert,p ~ll aad ain~ula~. fncluding sU nnd singular the nnt~, Income, protita. ia~uti ~nd revenua frotn whatevee ~ourc~ derived, q~ch and cvety of which. it beina expressly understood, 1~ Mreby mortgagM a~ if speci[ically at lorth s~fd descr~t,ed in the granting ar~d habendum clauaea hereof. and sucA R~ceiver shW h~vs W the brwd and ettective [unctions and ~x,~vers in anywise entrwted by a court to a Receivtr. and ~ucb appointment ilull M made Dy ~uch court as an admitted equlty aad. a matter ot ab- ~olub rlsht to said l~tort~e~, and without reierence to th~ Rdcquacy or lnadWuacy ot the va1u~ ot th~ prop- ~rty mort~a~ad o~ to tM aolvencr or inaolvency ot uid Aiortgsgor andior ot the defendanta, and that ~uch nnt~„ pro~lti. income, issuea and rereauq ihall be applied by auch Etecetves accordl~ to ths ilen aud/or eqWty o! a~ta xort~asee aad tbs practlce or .ueh cour~ above ditional loans ot tuture advances made within tw~nty years from date hereof by the mortgagee to said moriga ccessor in title oi said mortgagors ot the property hereby conveyed; prov~ded that the total unpaid balance o as se~cuced hereby at any one time shall not exceed the maximum principal amount oi _ _ Dollars plus inteteat thereon and any disburaements made y for the pay- II~ W1TIV~S3 WHLRmO!'. the utd 3[ort~or hu exacuted this mort~ase under sesl on the day and yeu l~erein first abov~ ~re~tttea. 3l~ned. ~ealed and deUvered ia the presence oh ~ ~ . , `f ~ ,L '~C.{'_!! Q!~d`~~..."-'..: Shi ey A. r w s~rwZZ og.._.......ELDRI.~a ~ a cotrrrt~r oF..._.MABTIN._...-•------•-- seror. m. wrso~naUr .ppeartia.____.........._._ SHI RLEY . A.... HtJNTER..__..._.....__.__...._. ..y.M«~~~~ ~nown to me to.bc ths ~na;~iau~~..~. a~~bea in andNwho euecuted the foregoing lnetru- ' co ~ ~?efl 4~i ~ ma~'and .ac1~li~ea betore ms ttut .__he.... executed~ same for the purposes thereia e~cpnssed. ` - ' WiTPT1~8$ ~r haAd and ofricW ~eal this....._(..L......._....__dar of.._....xT111.~.._..._......._.._ 19~.~_ ~ • ~ • ~'j. ~ , ' ~ _ ~ ~'r • : No PubLc 1n for • the County aad State Aforesald. ~ . . . /O-~3 8 . My commission expirr.i: ~ 8 ~ . ~ ~ COUI~TY OF......._--•---_.._....._...._......_.._ Befo» me Perwi?al1Y aPPeared•----- and......_ . m~ well lrnmem aad k~wvnn to me ts be tbe..._......._.~...:......_......___Pr~ddant aad....._...~._.._._.._.._.._... 8~cretar~ respeMively ot ............................................_.~......_.........w..._..._.~~.... the corporaUon n~med in the toresoint iiutrum~n~ aad knowu W rt~e to be th~ wM a~ ~uch oMcers o! sald cotpos~Uon. ~ esecuted the ume; aaA tbsn at~d tb~r~ tha said..........._ .............._._...._._........_........_.....---......aad L!?~ WA ~ ~ ~ md ~cknowledse bKon me tbat wd » - ~ lrutevment fi the hee ut and deed ot oorpontton bp them rapscUvety esecuted ~ such oMcen for tb~ , purpo~ea th~reln acpraNd• that t2ureuato attuhed b th~ eorporate isal by tl~em W Wcs eapuity af- ~ tlxed: W und~r antl~orlty tn ulr ve~ted by ths Board ot Dlrecton o! aala oorporstlon. wrtNl:SS ane atticw ..N tw. ............._.._.._._..a.y or...__...._.._....................._.~..._.......~., 1~..--- ~ . _ ~ ~.........._..._....M......_..._.........._ Notary Publlc ln anA tor tbe Coimt~ and Stab Atonrald- g B~)DKJ1~ PAGE~~10 ~ i i 4 z