HomeMy WebLinkAbout1492 d. That (t1 frt the event of any breach of this mortgage or default on the part of the Mortgagor, or tb? to
the event any of said sums of money herein referred to be not promptly and fully pod w,thirt ten days next
after the same severally become line and payable, without demand or not,ce, or tc1 in the event each and every
the at~pulations, agreements, condit?ons and covenants of said prom,sso,y note and th,s mortgage, any or either,
era not duly, promptly and fully performed. discharged, executed, et[ected, completed, complied with and aD,ded
by. then, ~n e,ther or any such event, the sail aggregate sum m.~nt?one.i ,n said prom,ssory note then rema,rung
unpaid, with intrreat accrued, and all moneys secured h~•reby, shall become due and payable forthwith, or there-
after, at the option of said Mortgagee, as fully and completely as H all of the -said sums of money were originally
stipulated to be paid on such day, anything in said promissory note, an~i or in this mortgage to the contrary not-
w,thstanding; and thereupon or thereafter at the option of sa,d Mortgagee, ~~•ithout nonce or demand, suit at
law or in equity; theretofore, or thereafter begun, may be prosecuted as a all moneys secured hereby had matured
prior W its institution.
T. That to the event that at the beginning of or at any time pending any suit upon this mortgage, or to
foreclose 1t. or to reform it, and/or to enforce payment of any cls,ms hereunder. said Mortgagee shW apply
to the court having jurisdiction thereof for the appointment of a Rece,ver, such court shall forthwith appoint
a Receiver of saki mortgaged property all and singular. including all and singular the renal, income, profits. ~
issues and revenues from w},atever source derived, ea.•h and every of which, it being expressly understood. V
hereby mortgaged as it specifically set forth and descr~ted in the gr:uiting and habendum clauses hereof. and
such Receiver shall have all the broad and effective tun~tions and lxm•ers in anywise entrusted by a court
to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab-
solute right to safd 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 Mortgagor andior of the defendants, and that such
rents. profits, income, issues and re~•enues shall be applied by such Recel~•er according to the lien and/or equity
of said Mortgagee and the practice of such court. -
8.
above des additional loans or future advances made within twenty years from date hereof by the
mortgagee to paid mor r in title of said mortgagors of the property hereby conveyed:
provided that the total unpaid balance of t e i red hereby at any one time shall not exceed
the maximum principal amount of Dollars -
(s plus interest thereon and any disbursements made y a ee for the pay-
IN WITNESS WHEREOF, the said Mortgagor has executed this mortgage under seal on the day and year
herein fiat above written
Si ed, sealed and delivered fn the presence ot: j
~,~y ~ , ,tin - L"
Z4~~ -
rances L. Cha wic
STATE OF.....5.
c(~..~r
..Q.1.~..»..».:-».
sA
Before me personally appeared..........-.-JOHN: D . CHADWICK and FRANCES L . CHADWICK,
..__._........---•-----.........bias. W~,~~..
to me well known and known to me to tx the individuals described in and who executed the foregoing- ~ ti
~I ment, and acknowledged before me that .hey. executed the same for the purpose//s~t~her~ein e-xprDessed. ~s=~''`.'•,~ •
WITNESS my hand and official seal this.. ~....-._.._..d.y of......._..._L.V..1.e±~^~:» ''~t~,,,~~t.
4'795'74 - _ •1° , ,a ~ ~ . Y
s ~
Notary Public In and for ~ - ~
1580 IU1R 14 P'~ 3 03 Y , j;~,'~- ~ _ - ~ .
the Count and State Afore ~ ! ~ f f •
,
~ iiS My commission expires: ~7 _ t~R ~ -
BTATE OF-•
sa.
RAn~ ~ 4
COUNTY oF.--•---........».._.---•---•--•--....-•-.- 6lE1KC~ T
Before me personWy appearec~~;~
and_ to ms wall laiown sad
x
known to ms to be the........----.._......_.._..»_.__ . esldeat aad»_..._...._._..».__.._..» Secretary
respectivelY the corporation
named in the fo ing instrument. and known to me De the persons who ae such oMcers of sat rporation,
executed the same: an en and there the sa1d _........._._...-.-----.._..»._..._...._........_...........____...and said
~ ........»did acknowledge before me that safd
~ instrument fs the tree act and d of said corporation by them respec executed v such oMcen for the
purposes ihesein expressed; that th a! thereunto attached f, the corpo seal by tbam !n like capacity af-
fixed: W under authority in them duly fed by the Board of Directors of said rporatlon. -
WITNESS my hand sad official seal -----•--------•----__...day of...__...__.__ Iti.._-
Notary Public to and for
the County and Stets Aforesaid-
)1(y commLaion expires:
[iR
E~K327 P~~E~.491
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