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HomeMy WebLinkAbout2041 'That (aI In file .vent o! any breach of fhb mortgage or default on the part of the 1?tortgagor, or tbl t4 the .vent any of aid sums of money hentn ntarnd to be not promptly and fully paid w?thla test days next after the aam~ severally become due and payable. without demand or not?ce, or ?ci in the event each and every the st?pulatrons. agreements. conditions and covenanb of sa?d prom?ssm y n•~te and th?s mortgage, any or elthet, an not duly, promptly and fully performed. d?scharged, executed, ettecte.l, completed, compl?ed w?th and abided by. then. rn e?ther or any such event, the, said aggregate sum m~•nt?ened ?n said promissory note then remaining unpaid, with ?ntere~t accrued, and ail moneys seci?rW hereby. shalt Decun?~ due and pa~•able forthwith, or there- after. at the opt?on of said Mortgagee, as fully and completely as ?t all of the sa?d s??ni~ of money wan originally stipulated to be paid on such day, anything in said promissory note. and or in this mortgage to the contrary not- withstanding; and thereupon or thereafter at the option of said 11lortgaRee. ~eithout not?ce or demand. suit at taw or in equity. theretofore. or thereafter begun, may be prosecuted as it all moneys secured herby had matursd prior to to institution. Z. That to t11e evatt that at the beginning of or at any time pending any suit upon this mortrass, or t0 foaclose it, or to reform lt. and/or to entorq payment of any clams hereunder, said Mortgagq shall apply to the court having jurisdiction thereof for the appointment of a Receiver, such court shW forthwith appoint a Receiver of said mortgaged property all and singular. includ?ng all and angular the rents, Income. profits, issues and avenues from whatever source derived, each and every of wh?ch, it he?ng expressly understood. V hereby mortgaged as if specifically set forth and descriEed in the -granting and habendum clauses hereof. and such Receiver shat! have all the broad and efteetive funct?nns and rs in anvw?se entrusted by a court to a Receiver, and such appointment shell be made by such court as an admitted equity and a matter of ab~ solute right to said Mortgagee, and without reference to the adequacy or inadequacy at the value o! the prop- erty mortgaged or to the solvency or insolvency of said Mortgagor and per of the defendants, and Uat such rent. profits. income, issues and re.enuq chap De applied by such Receiver according to the lien and/or egWty of Wd >Mtortgagee and the practice of such court. above esc ' Tonal loans or future advances made within twenty years from date hereof by the mortgagee to paid mortgag r in title of said mortgagors of the property hereby conveyed; provided that the total unpaid balance o secured hereby at any one time shall not exceed the maximum principal amount of Dollars i~ T. plus interest thereon and any disbursements made by r the t,ay inert of taxes, levies or insurance on the property enrumbered hereby, with interest on such die ur IN Wl'1'i1T1CSS WHERROF, the Wd )Mortgagor ties executed fhb mortgage under seal on the day are year herein fl above written Signed, se ed and delive,(r~e/d to the~esen ot: _:Lal~.,tt: E L . ONTA x Q-~-~-- ~-t_ tt.. ALICE Lt. BONTA errors oF..... M~hg.~,.........._...~ Kent . • Beton me personally appeared.....-.CLAUnE_.L .__BO~iTA.--and.•-ALICE---R ;....Bn'-!I~,,;~ y. to me well known and known to m~ to hetthe dividual described ?n and who executed fife f meat, and acknowledged before me that -...he-~ executed the same for the purposes therein dtpres~ : .-day ot.. ~~kl......_......~. . WI1'NE33 my hand and official seal this.k..!'t..fiP.M[.. . - Notary F'ubLc In and for ' the County and Stets Aforesaid. Q My commission expires: X O ss. WILLIA1t1 N. FITZSitf.MOttS CO F Notary PuWie, Kent Cfl;:nry, ail Np Cammi:s:w? E~o~res R:~asi 14iC3 __.........r.»......_.............. Before me rally appea and to ms well ltaiowa sad known to ms to be the _.......Presfdent and.,__................__.._.._. 8ecrataq respectively of the corpontlaa named in the foregoing instrument. and known to me a fife persons `who as such otflcere of add corpontkio. executed the same: sad then and Nen the Wd..........._....---....__. ._........._.---._._......_....---..._.........._......_....at?d the said ~ did acknowiedp before me that Wd ' instrument b the free act and dead of Wd corporation by them respectively a fed as such oMars toe the purposes therein expressed: that the sea! theatinto attached L the corporate se them la Like capacity af- fixed; Wunder authority to them duly opted by the Board of Directors of Wd corpora wirrns8 ray hand and oftlclal eeal Ws ............._._____..day ol..._......_.........._....._............... li)..~ ' 48l'~09 1990 APR -2 PN 2~ 52 ~ co ai; ua~a suu ~rorsWd. FILED AtiQ RLCO D >1ty oomoilasioa expires: sr. t.ucte caArrrr~tt~, ROGER POlTRAS BLERK CIRgIIt ~T 11E4Rd YER!PIfD, , r~e~p eu~K ~ PAGE X040