HomeMy WebLinkAbout1077 + .
d. That (a) In the sveat of any beach of fhb mortgage or default on the part of the 1?tortgagor, or Ibl to ~
tl?e event any of said sums of money herein referred to M not promptly and fully paid within ten days next
alter the same severally become due and payable, without demand or nonce, or tc) in the event each and every
the stipulations, agreements, conditions and covenants of acid prom~ssm y no!e and this mortgage, any or either,
are not duly, promptly and fully performed. discharged. executed. eflecteJ, completed, complied with and abided
Dy, then, m either or any such event. the said aggregate sum mantinneJ ?n aa~d promissory note then rrmairung
unpud, with interest accrued, and all moneys secured hereby, shall- become due and payable forthwith, or there-
after. at the option of said Mortgagee, as fully and completely as i[ all of the said sums of money were originally
at~pulated to be paid on ouch day, anything in said prom~asory note, and or in this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option of said l?tortgagee, without nonce or demand. suit at
law or in equity, Weretofon, or thereafter begun, may De prosecuted as d all moneys secured hereby had matured
prior to Its institution.
1. That in the event that at the beginning of or at any tithe pending any suit upon this morgage. or to
foreclose it. or to reform It, and/or to enfores payment of any clams hereunder, said Mortgagee shall apply
to the court having ~uriadictlon thereof for the appointment of a Receiver, such court shall forthwith appoint
a Receiver of said mortgaged property all and singular. including all and singular the rents, income, profits.
issues and revenues from whatever source derived, each and every of which, it being expressly understor'.., >a
hereby mortgagM as it specifically set forth and descr~Ecd in the grru~t?ng and habendum clauses hereof, and
ouch Receiver shau have all the broad and effective functions and ix,w•ers in anyvriae entrwted by a court
to a Receiver, and such appointment shall be made by ouch court as an admitted equity and a matter of ab-
solute sight to acid Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said Mortgagor andror of the de[endants, and that ouch
rents, profits, Income, issues and re~•enues shall be al>plied by such Receiver according to the lien and/or equity
of said Mortgagee and the practice of such court.
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described any additional loans or future advances made within twenty years from date hereof by the
mortgagee to said 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 3t any one time shall not exceed
the maximum principal amount of Dollars
(S plus interest thereon and any disburse-:ants made by the mortgagee for the pay-
- meet o[ taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements-
IN WITNESS WHEREOF. the said Mortgagor bas executed this mortgage under seal on the day and year
herein first above written.
9lgned, sled d livered in the presence of:
11 ism J .
eron
Mary B. eron
BTATE OF.. ~ .
- COUNTY OF.~..~.~ GL E......». ~ ~
$elor~:)ns peraonauy appeared.......WILLIAM--~.....~AMF.I2ADZ...and-..DQAFtY_.8.....~CAMERpDI.,...._....-.
- ~ 'r his wife
w111t: ~ ~ ardj known to me to he the individual described in and who executed the tore of instru-
mk+llt,-~-~te(ig~d before me that ~.he~. executed the same [or the purposes therein expressed.
~
r' .r .r~ m
~ FCC:~?I~>~S :my hand and ofttcial seal this....---1~ .._.._...day oL...._ 18Q.d
s A' ] • s' ~
z . A^
. -
JP Jst
Notary Public In sad for
~ ~ the County and State Aforesaid.
--,.,,a r-~L~ .
es~itis~•' My commission expires:
STATIC OF ~ -
~ ss. _ ~
COUNTY OF t - ~ - .
'
Before me personally appeared
~ and_......--• to me well known and
known to me to De the..........._.._......-......_.......Preddaat and.------•-------------------..__ Secretary
re ctivel of the corpontlon
ape y
named in the foregoing instrument, and known to me to Ds the perso~u who as such otflcen of Bald cosposatioa.
executed the same; and then and there the said..._...---_......_.....-----_.._ ......._.-..._......_.._..and the said
acktwwledge before me that said
F
instrument is the free act and deed of said corporation by them respectively executed as such oMcers for the
purposes therein expressed; that the seal thereunto attached V the corporate seal by them to like capacity at-
tixed: au under wthority fn them duly vested by the Board of Directors of said oorporatloa.
wTTN>c89 my hand sad official seal this-......... .».....day at..._....._..---_.._......_........~ 1g..._._
Notary Dubuc to and for
the County aria stet. wtoresald
1980 .~JN -3 PM Z~ { 5 xy oommwtoa e:pirea:
h
s
~ Pe1TT A.
~ N,6~ ~itpllT T
afi08RS .MERIFIEA_
g~~332 P~~10~6
f 7
~ 'n w y` _ Ili t..Ca 4~5
-1.r.
_