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d. Tlu?t tai In fire Trent of any beach of this mortgage or default on the part of rite i<Ioriga or ~o~tbl la '
tM event any o[ ssld sums of money herein nterred to be tat promptly and fully paid -within ~ ydaya next •
alter the same eevenlly become due and payable. without demand or nonce, or ~cl in the event each and every
tM stipulations, agreements. conditions and ~wvenants of said prom~sso~y note and this mortgage. any or either
are sot duly. promptly and fully performed. discharged, executed, ettected, completed. complied with artd abide
by. then, in either oe atgr such event,, the said aggregate sum m.•nt~nned ~n aa~d promissory pole then nmunitts
unpaid, aitb intrrcat accrued, and aU moneys secured hereby, shall become due and payable forthwith, or then-
atter. at the option of said Mortgagee, se fully and completely as if all of the said sums of money wen originally
stipulated to M paid on such day. anything in said promissory note, and/or in this mortgage to the contrary not-
withstanding; and thereupon or thenatter at the option of said 1?tortgagee, +vithout notue or demand, suit at
law or in equity. tharetotot+s, or Wereatter begun, tray be prosecuted as if all moneys secured hereby bad matured
prior to its fastltution,
Z. That in tl?e a~nptt that at the beginning of or at any time pending soy cult upon this mortgage, or to
foreclose It, or to reforna It. and/or to enforce payment of any claims hereunder, said Mortgagee shall a
to tM court having jurisdiction thereof for the appointment of a Receiver, such court ahaU forthwith appoi~at
a Receiver o! said mortgaged property a!t -and singular. including all and singular the rents. Income, profits,
tasuei and revenues Lrom whatever source derived, each and every of which. it being expressly understood, V
hereby mortgaged as It specifically set forth and deaeriEed in the granting and habendum clauses hereof. -and
such Receiver ahW have all the broad and effective Nnctinns and µu++•Pra in anywise entrwted by a court
to a Rweiver, and ouch appointment shall be made by such court as an admitted equity and a matter of ab-
solute right to said >titottgagee, and without reference to the adequacy or inadequacy of the value of the prop.
elty mortgaged or to the solvency or insolvency of said Mortgagor sndior o[ the defendants, .and that such
tints, profits. income. isarues and rc+•enues shall be applied by such Receiver according to the lien and/or equity
of ssld >ttortgagae and the practice of such court.
Dori and agreed that this mortgage is given to secure, in addition to the note or o sr
above descri ' ' loans or future advances made within twenty years f y. the
mortgagee to paid mortgagors r in title of said mort a petty hereby conveyed;
provided that the toial unpaid balance of ereby at any one time shall not exceed
the maximum principal amount Dollars
(i . , ntereat thereon and any disbursements ma aRee for the pay-
evies or insurance on the property encumbered hereby, with interest on su refs.
IId W><TNl~88 WF1~F, the Bald Mortgagor bas executed this mortgage under seal on the day and year
herein first above wtittsa.
Signed. sealed and delivered to the presence ot:. -
. _ ^
- = ~ ~ _ _ Erskine Contracting Corporation,
~ ~ ~ » » ~ ~ an Ohio corporation
s .a,•`. . o s ,
z ~ ~ ~ By:
~ ~ m :f~ . Its P e ent -
s 4, ~ ~
~~'.~pF.
~L~/~~~y~ ~l~
Before tree personally appearad......._._....._..»
to me well known and known to me to be the individual..._ described in and who executed the forgoing fastru-
ment, and acknowledged before me that ....he.... executed the same for the purposes therein expressed.
W1TNE33 my hand end official seal this_........._............_day of._~._».....~......__....»...»...._».»....»»»»~ 1t1..._...
Notary Public In and for
the County and State Aforesaid.
F~OriCia My commission expires: -
STATS OF ~ ,
Martin
COUNTY OF.......»......»..»_...._.._........... ss.
Betors tree personally appeared ................R . JAMES ERSKINE
~ORC.....»_........_..»..........»........._...._.....»»_...»....»... to tea weri lmown sad
known to ms to bs tbe_.....»..»._..........».._....._4reddeat7alOfG-».~_».._.........._.»..»».......__...»....»...........»».....__
ERSKINE CONTRACTING CORPORATION efe corporauoa
named in-the foregoing inatrumaat, and known to me to ba the persar~ who ar such otifcsrf of said eorportitba,
executed the same; and then and than the eaid..._.....R. JAMES»ERSKINE
..._...~_.~._......._..did ackrwwiedge be~tore me that Bald
instrument !a the free act and dead of said corporation by executed sa such oMesn for tba
purpwes therein expressed: that the seal thereunto attached V the ootporats seal by tbetn to Ilke capacity at- -
fixed; Wunder authority in them duly voted by tbs Board of Directors of said cotpontlaa.
wiTN1>:SS my band sad afltWl anal this...--»- y Ma
.da ot....»...._.._....y ib~..
4590 ~ -
No c to and for
the County and State Aforesaid.
1980 MAY 23 P!~ ~ 28 My ~mmi.doa ~,,r,,:
~ LEO co~ 0
R~C+~6ER
POI7TR.gFStA.
6LERK CIRCUIT C
RT~348 ~'FRtF;rn_~%
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