The URL can be used to link to this page

Home My WebLink About0937 A, Tlut In tA~ event o! any breach ot this mortgaae or default on the part ot the I?fortgngor, or ~b? tn the event any ot uid ~ums ot maney hereln reterred W be ~ot promptly and tully paid w~thi~ ten dayi next aiter the same severally become due and payabte, v~nthout demand or not~ce, or ~c) In the event each and every the st~pulauons. agreemenW, condlttort~ and covenants ot ~:tid prom,aso?y note and thi~ nwrtKage, any or either, ~re not duly, pramptly and (ully performed. diach~r~ed, executed, ettected, completed, complied with and ab~ded by, then. m e~ther or any such event, the sa~J aggregate sum mrnt~oned ?n sa:d promissory note then rcma?rung unpa?d, with mterest accrued, and alI money~ secured h~•reby, ahsll become due and payable torthwith, or there- atter, at the option of said Mortgagee, as (ully and completcly as if all ot the sa:d sum~ of money w•ere orig~nally ~t~puisted to be pai~ on auch day, anything i~ aa~d prom~ssory note, ami or In thia mortguge to ihe contrary not- w~thstanding; and thereupon or thereatter wt the opt?on of sa,d ~Iortgagee. ~.•ithout not~ce or demand. auit at iaw or ~n equity, theretofocs, or thereatter begun, may be prosecuted as ?t all moneys secured hereby had•matund prioi to ita institution. , T. That tn the event that at the beginning ot or at ar~y time pending any suit upon this mor:gage. or to fonclose 1~ or W reform It. and/or to enforce payment ot any cla~ma hereunder, eaid I+iortgagee shall apply to the court havin6 ~urisdictlon thereot tor the aplx,intment o[ a Rece~ver, ~uch court shall forthwith appoint a Rcceiver oL aaid mortgaged property ~11 and a~ngular. Including all and aingular the rents. Income, prot~ts, l~ue~ and revenues from whatever source derived, ea: h and every of w•h~ch, it be,ng expnssly underatood, f~ hereby mortgaged aa i( apeci[ically set torth and descr~ted in the Rrnnt~ng and habendum clauses hereof, and ~uch Rccei~•er shall have all the broad snd etfect~ve tun~ti~nz and F,u~~:er~ in xnti~•~se entru~ted by a court to a Receiver. and such appointment ahall be made by auch court a~ sn admitted equity and a matter ot ab- ~olute right to aaid Mortgagee, and without reference to the adequary or insdequacy of the value ot the prop- erty mortgaged o~ to the aolvency or inaolvency of said MortRaRor and ior ot the defendanta, and that auch . rents, protits, income, i~uea and re~•enuea shall be a~~plied by auch Recei~~er according to the lien and/or equlty ot utd Mortgagee and the practice ot such court. above es ditional loans or future advances made within lwenty years from date hereof by th2 • mortgagee to ~a~d mortQa ccessor in title ot said mortgagors ot the property hereby conveyed; provided that the total unpatd balance o ss secured hereby at any one t~me shall not exceed the maximum pr~nc~pal amount oi Dallars ~S plus interest thereon and any disbursements made y or the pay- IN WITIJESS WHEREOF, the ~dd Hortgaaor hu executed this mortgage under seal on the dny and year herein fint aDove wrlttea 916ned, seal d delivered in the presence ot: _ {~_...~1.1 . _ . ...Y . - ~ ntuck ; I ..i......... ~ STAT'E OF__... Y ~ COUN'I'Y OF.... ~:sZf~`'t~'-._.. ~ ~ ; ' " EDGAR STRAEFFER and GLENNA STRAEFFER g seror. me per.oaauy .ppe.na..._..__.__..__...__.--~--...._._._._-----------------------......._...------~-----~-----------._._._......_..._........ : ~ .-~1.g...leL3.f S_.~ € • ; to me Welvkaown and know~n to me to be the individual dwcnbed ~n and who executed the foregoing fnatru- ~ ment, and acla~owledged betore me that ....he._.. executed the aame for the purpo~en therein expr~ssed. ~ - i ~ • WFTNE38 my hand and ott~ctal seaj ttui..---- ~~~--~.....d~y oi_.__.__.4T.ulY.....__....---•-•-------------•---.., 1979_ . ; : ~ , ' ; _ : ~ ~ ~ ~ ..;...ti...=-- • ~'~~S . ~ ~ , - ~.es-~-~-~'-=~ ~ ~ - NeLary Public In and for ~ the County and State Aforesald. i . ~ ~ My commfssion expirea: ~ ~ " ~ r CO OF......-•-•••-•••--•---••-•-•-.....•-•--••••- ss. ~ a Befors personally appeared....._..-•-•--•........---•-•-------------•-•_-• ~ ~n~-•-•-•--• W ms well lwown and 5 ~ known W me W be the•••-•...._....._ -•...Pre~ideat and.__.---°-•--...._.._---• . 8ecretar~ ~ respectively ot - .............................----°---------_.....r.~.----°°----...••-•.....-•-•-•--°.., ths corporsqon named in the torssoins inatrumen~ and known e to be ths perso+u who ru ~uch ottlcen o! aaid corpontion. ~ _.and the iatd s e:ecuted the same; and then anQ th~rs the ~a1d...-••--....._. ...._dfd ~clcnowied6e bator~ me that safd --~-~-•--.....---••-•••--•........_....__w........_.~. ~ fnstrument Is the tree ut and deed ot said corporaUon by them reape ly exbcuted a~ auch ottlcers for th~ purpose~ th~reia expreased: that the ~eal thereunto attached ii ths corpo ieal by Lhem in Wce capsclty at- ~ [iued; W under tuthorlty tn them duly veated by the Board of Directon o! sal ratlon. ~ WiTN~'AS my hand aad ot!lcial ssal this------•-••-_-••--_...._d~y of..._....-------•-••••-•••••• 1••-_•- `~i ~y ~ 45~'739 ~ ~ Notary Publlc tn and for the County arsd Stwte Atoresstd. _ if s~ ~ ~9 24 . . „4 a F1LtU ~Nt ; : LuFi^ J ST.W.^.tE'u'~`ITY.ft;,. - ROGER PO1TR~ S f~ ~~G~ CL:Rf{ CZ~~~.:I: ~r• aT UW~~~~ . _ il " ~ .