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HomeMy WebLinkAbout2066 • j ar ~ I ' r Tbat (a) la flee event of any breach of fhb mortgage or default on the part of she 1?fortpgor, or Ibl V tM event any o[ said sums o! money herein nfernd to be not promptly and fully paid w,thln ten days ae:t i after the same severally become due and payable. without demand or notice, or , c! in the event each and every the stipulations, agreements, conditions and ~wvenants of sa,d prom?san,y n~~ca and th,s mortgage, any or elther~ an not duly. promptly sad fully performed. descharged, executed, a[[ected, completed, compl,ed wet2e ae~ abided by. then, en either or any such event. the ssiJ agg»gate sum m?•nuoned ,n said promissory note then remaeNtes $ unpaid, with interest accrued, and all moneys sec?ired hereby. shall become due and payable forthwith. or there- after, at the option of said Mortgagee. as fatly and completely u it all of the sa,0 siin?s of money were origindly atepulated to b! paid on such day, anything in seed promissory note, and or in this mortgage to the contrary not• withstanding; and thereupon or thereafter at the option of said bortgagee, ~cithout not,ce~or demand. suit at law or in equity. theretofore. or thereafter begun. may be prosecuted as it all moneys secured hereby had matured prior to Its institution, Z. That to the e~eat that at the Degtnning of or at any time pending any suit upon this mortgage, or to foreclose it. or to reform it, and/or to eMorce payment of any claims hereunder, said Mortgagee shall apply to the court having ~urisdictlon thereof for the appointment of a Receiver, such court shall forNwith appoUet • Receiver of said mortgaged property alt sad singular. 'including ail and angular the rents, income, profits, i blues and revenues from whatever source derived, ea.•h and every of evh,ch, it tieing expressly understood. Is hereby mortgaged as it specifically set forth and described in the granting and habendum elausq hereof, sad j ouch Receiver shall have dl the broad and effective functions and p~»Lrrs 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 said Mortgagee, and without reference to the adequacy or inadequacy o[ the value o! the prop- erty mortgaged of to the solvency or insolvency o! said Mortgagor and~ar of the defendants, and that such rents. profits. income, issues and re~•enues shall be applied by such Receiver according to the lien and/or equity of said 3~[ortgagee and the practice o[ such rnurt. i 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above 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 said mortgagors of the property hereby conveyed; provided that the total unpaid balance of the indebtedness secured hereby at any one tome shall not exceed the maximum principal amount of - Dollars plus interest thereon-and any disbursements made by the mortRa>te~e for the l,sy- ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. IId WITNESS WHER>DO!', the said Mortgagor bas executed this mortgage undrr seal on the day and yiar herein first above wrfttsa. . Signed. sealed and delivered in the presence of: ~ and Fr Dombrowski • aerie om rows i _ ~ STATE OF-.-_-~lC.}llgall cottrrr'r oF..Lixings.ton...-__..- Befon me p.rsoaWy apps.nd.._...Rya.~~nci...Fsank..D~omhr~ows]~i...and..SlalExie-..~_.._....... ......................___.Domk~roiask.i,...his... s~ife...._.......__. to me well known and known to m~ to he the individual.... described in and who executed the foregoing iststtro• meet, and acknowledged before me that ----he..._ executed Lhe sa-m/e for the purposes therein expressed. WITNESS my hand and official seal this.._....i~3..~day ot....._._......Q~?L3.1 19..E . otary PubUc in and - the County and 3 ~ My coma?ISSiott i t3AEZti z - i r. :n, . • ; sa. Notary P - CO OF - _ . Before rsonaUy appeared..------•---- M~ ~ - ~ , t, :.,;d and • ~ sad _ known to me to bs tbe___-•--........_. ..Presldeat and,._._~__.._.._._..__ ~ s ,,~.-sy a~ re ctiyel of - the corpontloa ~ sM Y named la the foregoing instrument, and known me to bs the persons who Y saris ottjasrs of said cOrpOratba. executed the same; and then and then the sdd..._......._ .............._......_._......._._.---......-----........__._._......._...aad the MIA .................................._~,._...r._....._.__w.._ • did ackno~rledge baton m. that MIA lrutrument is the tree act and deed of add corpontion by these res tlvely executed N such otQosrs for tba ' purposes therein expressed: that the seal thereunto attached V the ce nb seal by tbens is like capacity at- ftxed; Wunder authority in them duly voted by the Board of Dlncto» of corporatloa. wrrxrss my hand sad ofticw eed eleis....._......_.__.._..._-day of..........._.._._.... ....__......._...._...r.., 19..w 4~~ Notary PubUe in and for I HAY -5 ~ 12 4 4 th. County sled Slat. Aforwdd_ >tity oor,aaii.poo e:ptree: FA,EO ~ rtcoRilEo ST.t.UCI COUNTY.fIlA. ROGER POITRA5 - CLERK CiR.^•Uli COJRT~~-7,-% ' ~ ao~c~ ~~~5 ~ -