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HomeMy WebLinkAbout0976 1. Tbat (al In the .rent of any beach of this mortgage or default on the part of the tltongagor, or 101 to the event any of said aunts of money herein ret~rred to be not promptly and fully paid within ten days next atttr the same severally become due and payable, without demand or nonce, or ~ c 1 ~n the event each and every the at~pulauons, agreements, conditions and covenants of said prom~s~~~y mxe and this m~~rtgage, any or either, are not duly, promptly and fully pertocmed, discharged. executed. effected, completed, complied with and sOtded by. then. to either or any such event, the acid aggregate sum menl~nned ~n said prom~alory note then rematNng unpaid, with :ntrre~t accrued, and ail moneys secured hereby. shalt becum~ due and payable forthwith, or there- after, at the option of said Mortgagee, as fully and completely as ~f x11 of the said sums of money wens origtniity atepulated to be pa~J on such day, anything in said pronussory note, and or to tMs mortgage to the cohtrary not- w?thstanding; and thereupon or thereafter at the opt,~~n of sa,d Morty;ag~e, without notice or demand. suit at law or in equity, theretofore. or thereafter, begun..may be proaecutel as ~t all moneys secured hereby had matured prior to its tnatitution. 7. That In the event that at the beginning of or at any time pending any suit upon this mortgass, or to foreclose it, or to reform It. and/or to enforce paymrnt of any claims hereunder, said Mortgagee shall apply to the court having ~urisdictlon thereof for the appointment of a Rec-c~ver, such court shall forthwith sppoiat • Receiver of said mortgaged property alt and singular. including ail and singular the rents, Income. pwtlta, issues and revenues Iwm whatever source denved, ea.•h and every ~~t ~vh~ch, it M~mg expressly understood. >a hereby mortgaged as it apecincally set forth and deacr~ted in the granting and habendum dausea heeeot, and such Receiver shall have all the broad and eftect?ve tuncti~ns and i~~.~:••rs ~n an}•w~se entrusted by a court to • Receiver. and such appointment shall be made by ouch court as an admitted equity and a matter of ab• solute right to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop. arty mortgaged or to the solvency or insolvency of said Mortgagor and ~~~r of the defendants, and that such rents, profits, Income, issues and revenues shalt be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such court. ~ ' 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above described any additional loans or future advances made within twenty years from date hereof by the mortgagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed; provided that the total unpaid .balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of ~ Dollars (i i, plus interest thereon and any disbursements made by the mort>Zai[ee for the pay- ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. -w~ ~ - . IN WITNl*.SS VVHER>l:OF. the said Mortgagor his executed this mortgage under seal on the day and year herein ern above wtittea Signed, sealed and deUvered in the presence ot: ' ~ - _ CATHERINE L . S > r~- 79 ~ !t~ 36 3aDF. fa Lil;~JS Ohio Cu aho a a~ cotrlwr~r oF.--------- y--......_$ ~64i63 . ~ N,~, BltOre me peraonaUy appeared.... eA~+..~' ~`~r~la4' ...Ad~....V_, J7. Jt~..., ~s~` • •++~1 '/ri~~. ~ ` r •~e. j. may. Q~~' to me well known and known to m~ to he the ~nd?v~dual..-- described in and who executed the: t '`oitq~~~l ; meat. and acknowledged before me that ..-.he.... executed the same for the purposes therein exp , ~ ~ .i•-• - WTPNESS my hand and ottlcW seal thia..._..-. ~~._---....day ot. ~J~.=•..__........._ - f~~1~;,~; Al ti~lc ~ Rr'< . - ; (Seal) ~ - Notary 1'ubUc In and for ~'~"~~~rns=:.e~t~'' the Cottaty and Slats Aforesaid. My ommission expires: COUNTY OF Betors me personally appeared and,--•• to ene wall Itaown sad known W ms to be the.._.......-•---.._..._ ...............t'reafdent and^_..._.---•--•----._.._.___._.....--•--.---•-••---.-.---_........_..._._ Bac»tar~ respectively of the oorpontloII named !n the foregoing ietatrument, and known to me to be the persona who eta such officers of said corporation. txecuted the same; sad then and there the eald.........._....._ ..............___..._...._..._..........__....._.......................__...aad the said ..._.___.._..._.._._.....__..did aeknowl.dgs before ene that sai0 instrument Is the tree set and dead of said corporation by them respectively executed u such oMdn for elm purposes therein expressed; that the seal thereunto attached V the corporate seal by them let like capacity at- tired: all tender authority in them duly voted by the Board of Directors of said corporation. WI'PN>L89 my hand aetd oftlctal asN this .............___._.....day o!._..._....._.__-_......_....._...___.~....._....._.., ld.._.._ Notary PubUc In and !or the County and State Atoretatd. My comatladoa eetptra: ~.K3~9 p~~F 9~'~ d:;?K