HomeMy WebLinkAbout1758 A. Tbat lal In the event o! any breach of fhb mortgage or default on the part of the I?tortgagor, or ib? to
the event any of said sums of money herein referred to be not promptly and fully pud within ten days next
after the same severally become due and payable, without demand or nonce, or ~cl in the event each and every
the appulauons. agreements, cond?t~ons and covenants of and prom?sso~ y note and this mortgage, any or either,
are rat duly, promptly sad fully performed. discharged, executed, ettectcJ, completed, complied with and abided
by. then. to either or any such event, the said aggregate sum mrnt,oned ~n sa,d promissory note then remaining
unpa,d, with interest accrued, and all moneys secured hereby, shall become due and payable torth~vith, or there-
after, at the option of said Mortgagee, as fully and completely as ~t all of the said sums of money were originally
st~ptilated to be pai3 on such day, anything in said promissory note, and or in this mortgage to the contrary not•
wuhstanding; and thereupon or thereafter at the option of said Mortgagee, without notsce o: demand. suit at
law or is equity, theretofore. or thereaftes begun. may be prosecuted as ~f all moneys secured hereby had matured
prior W its institution.
Z. That iri the event that at the beginning of or at any time pending any suit upon this mor•$age, or to
foreck?se it. or to reform it, and/or to enforce payment of any claims hereunder, said Mortgagee shall apply
to We court having jurisdiction thereof for the appointment of a Receiver, such court shall forthwith appoint
• Receiver of said mortgaged property all and singular, including all and singular the rents, Income. profits,
Issues and revenues from whatever source derived, ea: h and every of which, it being expressly understood, i.
hereby mortgaged as if spec~tically set forth and deacnted in the Rru~t?ng and habendum clauses hereof, and
such Receiver shall have W the broad and et[ective functions and lx,~vers in anyvv~se entrusted by a court
to a Recover, and such appointment shall be made by such court a, an admitted equity and a mallet of ab•
solute tight to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said MortRaRor and~or of the defendants, and that such
rent, profits` income, issues and revenues shW De applied by such Receiver according to the lien and/or equity
of said Mortgagee and We pracuce of such court.
above d itional loans or future advances made within twenty years from date hereof by the
mortgagee to ~a~d mo r in title of said mortgagors of the property hereby conveyed;
prov?ded that the total unpud ba a Hess secured hereby ht any one time shall not exceed
the maximum principal amount of Dollars
(s plus interest thereon and any disburse a by t e mor g he pay-
IN WITNESS WH>l;RLrOF, the said ldortgasos has executed thL mortgage under seal on the day and year
herein first above written
Stgned, sealed and delivered m the presence o[:
t Ran
- arol A. yen
STATE OF.---..FT
~~T t)A )
MARTIN 1) r'
CO1sJNTY OF---__._____..~.~----•-•----•-----••--
Before me peraauIIy appeared.---.__... RORRRT...8YAI1I_.dl1d...CgFtIII....A~..._SYB~I~.---hi.S...IaTi.fe ,
y4gpnai;yr4{i known and known to me to be the individual.S described in and who executed the foregoing instru-
E ,('~t, d~ee>b)owledged Detore me that t-he.-y executed the same for fhe purposes therein expressed.
j 1 j4' ~WSS my hand and official seal this...~./..:~'~-----day of.._-..___..___..._...~_._._.- 10._/.L
' • % ~ ' ~ Notary Pu lie In and for
~ ~ the County and State Aforesaid.
? My commission expires: TAiE OF `tC~iG+'+ AT LARuE
STNS OF--°-.•------------.._.-__._..------•---.•-• NG'?r.RY Pl18LIC. S
i+tiY CG:~^!iSSiUli E(?l3%S AUS. 21. 1981
OOZJNTY OF.---•---------•---•-----------._-.._
Before me personally aPPu~-----------•-••--------•------..__.._......-------------•----------~.._.._......_.._..~
mod-------------- ..r..._....__-._.__......_.~.y ms well known sad
knovrer to rru be the......_..._______-.~___..__..._.Pnddent Secretary
respectively ot .._..~--.-_W a corporation
Hamad in the forgo t. sad known to me to be tl?e raorls who Y each officers Ot said rpo»uon,
executed the same: and and then the said.--•---.....---..--•---_----.._ -..----._.______....._.----_..__..._......_-__---and Wd
• .-...did acknowledge before me that d
tnstiument b the tree set sad said eorpontlon by them respective executed sa such otncer for the
therein expressed: that the thereunto attached fa the corpora by them to Wes capacity af-
fixed; all under authority Ir? them duly fed by the Board of Director of Bald ration.
wlrhns8 my band and otDctal Baal this..-__.-_ _..day of_.___.-~.._.-----_......_......__.,....._._.._... 10.._
464655
Notary Public in and for
the County and 8tats Aforaaald-
'a79 -2 .•t C? My oommisatoa expires:
~iLEO AFL Nct~r.:::.!
ST.LL'LIE LLUNiY.Ft:..
f10uER FOITR~15
:~.T. - ~ '319 r~cFi7~i
1;071