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d. Titst (al W t11s watt et any brateh of that; moetgsge or default on the part of the Atortsator. or Ib? to
rite event wny o! tiaid soma of taoney Mreia aehr»d to bs trot Frortptp and fully paid wuVn tea. Jaya next
attar tits cams ssirerally beeoms dw sad payable. without daaared or notice. or ~c) in tM curet arch and every
thi st,puiatioasr • agnsments, tx?adittoas and covetu~ats of card prom~ssot y note and this mart~ge, any or either.
ars trot duly. promptgr cad fully perforaned, discharged, executed. ettscte.~ completed. c:~npUsd with. and abided
by. tbe0. iA eithse oe any such event. the saW aggtsgate sum mcatiotad to said•prom.f..u?r note they remataing
unpaid, with interest accrued. and ail moseys secured hereby, shall become dos and payable forthw-itl?, or Were-
attse. at the optics of said 1~[ortEagao, as fully and completely as it all of the said sums of money ware origindly
stipulated to be pai3 on sudr day. anythins In said promissory note. and ~ or !n this mortgags to tM contrary rotes
withstandias; and thereupon or !hereafter at the optic+n of asid Mortgagee. without notice er detnattd, suit at
law or in putty. tbartWtorsr or tbsreattsr Oegstn„ tnay be prosecuted as it aU moneys secured Mrsby hsd factored
peior to its iaetiwtwa .
7. That la tits event War st tlt~ begteining of or at W,tiaue pettding any salt upon this tnor~.gssa, or to
iot~eciose It. or to t+ttortn It. aud/oe to aiforp paymaat••ot air clams hereuadsr, asJd >t[ortgaga shall apply
to Ws court having jurisdiction thereof ter tM apPointtaeat of a . Receiver, wch court shad forthwith appoint
• Reodver of said taortgagsd property all sad 'singuitu•. Including aU and singular tM rants. laooaeq profits,
issues tad revenues tro~oa whatever source dsMved. each and every of wNch. it beiiig expressly underatAOd, fa
herby ma: tgaged as it specitirally get forth and deacnbrif in tha! Rrantina tad liabendum clattres "~ereot, and-
' such Rsceirer sbaD fuw all tM broad sad effective tunctiona and powers in ang+vise entrusted oar a court
to a Receiver. sad such appointmeat shall be made by such court as sa adtniued_.equlty sad a intNter of s~ .
solute right to said aortgagee, sad without nteiYace to the sdequscy or ttiadequsey of tM valve of the prop•
imaged Or t0 the eOlrlACy or IlfeOtr~ Of eai~ IKOrtRaaor apd/OT Ot the defendants. sad that such
~~t~sa ~K+ofit~„ f»eoma. tisuus sad rep ra+uss be appUed by such Ricelvsr acooMiag to the Uea and/or puny
at acid irlortsages sad tht practice of such court. -
s. It is understood sad agreed that thu mortgage is given to secure. In addition to the note or obligation
- shave described any additional loses or future advances made within twenty years -from date hereof by the .
mortgagee to paid mortgagors or any successor.in title of saW wortgagoys of the property hereby rnnveyed;
provided that the total unpaid balance of the indebtedness secured hereby nt any otie time shall not exceed -
the maximum principzl amount of . • , _ _ . _ Dollars
- _ plus Interest thereon" and any disbursetr?ents made by the mortgagee for the pay-
ment of taxes. levies oar insurance on the property encumbered hereby; with intet~est on such disbursements.
. IId W1TN»:88 WHSRROF. tM tutld lrtortgajor has executed this tnortgaa+e utWes seal on the day and year
herein first above wrtttat. ~ A HAi,TACN >K~C~ ~ FILL PA~TP
signed, seated sad dellvend Ia the presence ot: ~ HAI~~.~ 1~ ~RIZ'Y ~ $62,726.60
[ ,...sac WI1ii 'r IF ANY, A'~D
rr'R'' A'XiA215.1~ BY 1~ N10~C>~ UHIBR ~
Mic ae R. - LosurE
_ - ~.~rr.Gl-.y
Paine a Losure • .
sTwTle oF.. Indiana ~ -
c~oin~n~r oF...~.~..~...-~._~ r`
m. P~7 MICHAEL R. LOSURS and PA1~LA LOS RE~~;~,~, - _
'a~"4 -
W ma waif known and known to me to he the individual.... described is sad who sxecuted the
went, sad acktiowled~ed before m• that ._.he.... esetxited the same for the purposes thsreia exp * -
W11NSSS my hand sad oftldat Beal thts__.. ~ ,...clay . ~ ~ ..i~ .
i ~
ss S -
. V. X, ~1~
'M :
Nola sad _
i r
fife CCttnty cad state ~ r .
hIy commtnlontatplteib ~ ~
as. r iy 8a i98$ -
Before the personally appese~ed._....
atid..__.:.._. _ to ttte well ktttwln sad
ktw+.n to the to a ~ s~reta:y
rsspeetlrety of _ the oorporatloa
named !n the toregoiag iadrttment, sad liaai~tt to fns to bs ttre persons wLo tie strait ofttoers of acrd ooeper.t.~ar
executM the safes; sad then sad that' the satd.._...»._......_... ........and. the tiaia
- verve ackaoa!lsdge bdotre fns that saM
instrumsnt b the hee act sad deed of said corporation by them resgectivs>t sxetattsd as sncit otAoers for the
~rpaea therBin ocp:weed: thtt tM sit tLeiwtnto sttaebed is the corporate seal by them is like eapacfty ai.
liked; all undo authority is them ~ ~sstd by th! Boned o[ Directors of said ooeporation. .
Wl1ZfiCS$ fay hood sad o[tli:ial tieai this------.----...-r.-:day of Ip»_._
,,.,.w.........-_,_
4'7 Plotaey Public
i~ ~ for
the Gonaq sad Sta4 wforwW. .
ti(y aomailsdoe a:pi+'es•
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