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HomeMy WebLinkAbout0814 - property or any part thereof. 6. To perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and rn this deed set forth. y. Ij any of said sums of money hrrei~t referred to he not promptly and jolly paid within thirty (30)--------days next after the. Same severally become due and payable, or ij each and Peery the stipulations, agreeme~tts, conditions uiul cor;e~tants of said promissory note and this deed or either, are not duly perj~,rntc~l, cotn.plied with and abided by, the'said aggregate sunt• mentioned in suid /,r.,rttisxury note shall become due and payable forthwith or thereafter at the option. of the .Mortgagee. as fully and completely as if the said aggregate sum of $3, 975,000.00--------------- , ----------------------------Dollars teas orig'ittatly stiptclated to be paid on such day, anything in said prnmissory note~r herein to the contrary notwithstanding. 8. Tht .Mortgagee may, at any time :ihilP a suit is pendingto foreclose or to reform this mortgage or to ettfurce any claims arising herercnder, apply to the cotcrt baring ~ jurisdiction t/ureof for the appointment of a receiver, «nd such cotcrt ahull furl/tuith appoint a receiver of the premises and all other l~rnperty covered herebl/, incltt.di?tg all and singular the income, profits, rents, icsttes and -revenues from tchcttcver source de- , rived, and. stce/t receiver shall have all the brr,ad «nd c jfeclit~e fi~nctiuns untl pntvers in anywise entrusted by « court to a recPit~erund sttr..h ap/ioiiitn,enl sh«ll hP made by such court as an admitted equity and ct matter of ubsoltite right to said .,Mortgagee, and without reference to the adequacy or inadequacy of the valrt-P of t/te property n,.orl- gaged or to the solt;ency or tnsoh•ency of said .•1lorlgagor or the rlefendan/s, a.nd such • income, profits, rents, isstees and revenues shall Le applied by such receiver according to the lien of this mortgage and the practice oJ'such court. ~ ~~0 t `t°~80 JUt~ -2 P~ 1= 29 PGITSA• ~RCUtT CaL'RT ~p~piRF•VQRif 1~0___------- - THIS MORTGAGE AND THE PROMISSORY IZOTES SECURED THEREBY MAY BE ASSIGNED 1 OR ASSURED IN WHOLE OR IN PART ON THE SAME TERMS At1D CONDITIONS f WITHOUT THE MORTGAGOR OR MORTGAGEE, AS THE CASE :~1AY BE, PAYING A FEE I OR PREMIUM. 1 i J+ n witness whereof, The said .Riortgagor hereunto sets his hand and i .sal the day and i/ear first above u+ritten. t ~ ,t Signed, Sealed and Delis erect in Presence of: EAST'~1AL INVESTMENTS N . V . J y/ E By ~ A . S . Ray , a s Managing € 7't~ Director F I DLtri~t d Caiabia r~6Nebd sad lea to b~iaar ar tlii~ ~i., ~ i • ~#~#r of . 5 ~ ~ . Hof .l~ 1, an officer authorized to take acknowledgments of d e sc~°~a cos ng to the laws of the du y qualified and acting, H REBY CERTIFY that EASTMAL~ ~ S t. b A.S. RAY, Managing Director, ":f" ~ sto-mP personally knorun, this day ackttotr'led ed before me that he •e~eeu'~eid the foregoing mortgage, and I FU~THER CERTIFY that I know the said • persc~ making said acknowledgment to be the individual described in and wha~:exeeuted the said mortgage. ~ ~ ~ ~n ~itntes ~~trrof, I hereunto .set my hand and o j~2cial seal at 1 said County a fate, this ~ r day of , .fl. D. 19 80 6 „s PAS Xo ry Pu is Mb Comrrtisttion L?'~pirea 3 _ . ~i