HomeMy WebLinkAbout2345
' ~
\ i
4
That (al to the event of any breach a[ this mortgage or dstauit on the part of tM 1?tortgagor, or Ibl V
the event any of wid wms of money berets reternd to be not promptly and fully paid wtthla ten days autt
after tM same severally become due and payable. without demand or nottee, or tci to the event each and every
the sttpulations~ agreements, conditions and t:ovenants of said promcs.~my note end this mortgage, any' or sltherc
an not duly. promptly and fully performed. discharged. executed, effected, completed, complied with and abided
by. then. in either or any such event. the said stgregate sum mrntconed ,n said promissory note then remaiNng
unpaid, with interest accrued, and all moneys secured hereby. shall beccme due and payable forthwith, or then-
atter, at the option of said Mortgagee, as fully and completely as if ail of the said sctncs of money wen orltieially ~
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 l?tortgagtie, ~cithout nonce or demand, salt at
law or in equity. thantoton. or thenafttr begun. enay be prosecuted as tf all moneys secured hereby had matured
prior to its ieutltution. -
7. That In tM argtt that at the betinaing of or at atwp tUrta pending any suit upon this mortgagor or to
foreck?ss it. or to reform It. and/or to eatoros payment of any clams hereunder. said Morttetse aha~l
to the court having jurisdiction thereof for the appointment of a Receiver. such court shW forthwith spp~OplA~t
a Receiver of said mortgaged property all and aiagularr including ali and singular the rent,. income. protltar .
blues and revenues from whatever source derived, ea.•h and every of which, it heist expressly understood. V
hereby mortgaged as it specifically set forth and described in the Rrtnling and habendum clausq hereof, and
such Receiver ahaU have all the broad and effective tunctic?ns and putt. rs in snvwise entrusted by a court _
to s Aeceiverr end such appointment shall be msde by such court as an admitted equity and a matter of ab•
solute right to said Mortgagee and without reference to tM adequacy or inadequacy of the value of the prop-
erty morttated or to We solvency or Inaoivency o! said )Mortgagor and nor of the defendants, and that such
rent, pro~i~ts. income issues and rrrenues shall De applied by such Receiver accordant to the Ilan and/or equity
of said Mortgagee and We practice o[ such court.
above descri 'coal loans or future advances made within twenty years from date hereof by the
mortgagee to paid mongago r in title of said mortgagors of the property hereby conveyed;
provided that the total unpaid balance o e secured hereby at any one time shall- not exceed
the maximum principal amount of Dollars
(i plus interest thereon and any disbursements made .by r the wy-
mt:nt of taxes, levies or insurance on the property encumbered hereby. with interest on such die u
IN W1TN11:.43 WT~OF. the said Mortgagor has executed this montage under seal on the day and year
herein Hrst above writtsm
8ltned, sealed and delivered in the presence ot:
, CURTIS L. G OUGH
X
AR.LEi~1E G OUCH
sTwTd oF---=~zw..»Yor_k
Broome~M-.-.»..»»».-~ "
COUNTY OF---_.._.._..»..»..--.•----.----•-•-•-
n m. way appeared...-•-- - CURTIS L » GALOUGH and ARLENE ._GALOU('H~,,,,,_,M
to tfpa *rel~,=.known and known to m~ to he~the ~dividuat S. described in and who executed the toregotnt lustrw
. s megt,, a~li wiedged before me that ....he.. executed the same for the purposes therein expressed.
WfiNE.g3 my hand and offlcW seal thta.~.....~.3.[__~1_...day ot.._._..1h.t:~.._.....»...~..._._._...»».., ice..
•.c. ~
UL T. 3HOBACR
~,',^'a•-~~r~
• • pobfic, Stag of t~irw Yoek Y.....--•------»..._.
` ~ ls~s TiOS` C'O1°u Notary PubUe !n and for
~ ~ >fb Os¦w~m Bsiiia. ~ U~~ the County and State wfonasJd.
• My commission expires: Y~~,3 f~
ss.
CO OF.........._......._......_..»...........
Before me y appeared
and.......» to me well known and
known to ms to be the..»-•-----..._......».. ......»..Presldent aad»»».___........-....._.».»..»......._..»..»...._ 18eeretar)
respect_tvely ot tM oorpontioa
named In the tontoint Instrumsat. end known to me the persons who s• such oMeees of said eoeporatloa.
executed the same: and then sad then the said.._..».»......_....» .._..»...._..,..»_._......».».......»......_..».........»and the acid
» _ acitaowledge befo» m. that said
instrument u the tree set and deed of said eorpontion by them respectively fed s. each oMarr for the
purposes therein expressed: that tM seat thereunto attached V the eorpo»b them la like capacity af•
flied; all under wthorlty to them duly voted by the Board o! Directors o! said corpora
- ~i?1Trtss9 my hand sad attlctal eeal this..-----.... _»...day ot..........r....._»._»......_» 1Y.._._
48'!401 - •
1980 j1~Y 22 1~d ~3: 35 Notary pubuc to .red for
the c~ouah? and slat. wtorasaid
FIDE[? area ~tCunLttl >,cy oomndadoa expire"
ST. LItC1E COON T Y. f ! A.
ROGER POITRA:i
13Ll~IK ciRCUri ceu~tT~
Rf SsRtt ~ EIIIF;t II_._
' ~ 8331 p,~~342 -
: -