HomeMy WebLinkAbout1896 t
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d. That la) la the event of an, breech of fhb mortgage or default on the part of the llfortgagor. or (bl to
the event any. of said sums of money he»ia »ter»d to be not promptly end fully pa,d within ten days next
after the same severally become due and payable, without demand or nonce. or tc) in the event each and every
the sbpulationa. sgreements, conditions and covenants of aa,d prom,aso~y note and this mortgage, any or either, ~
a» not duly. protptly and lolly performed, dacharged, executed, et[ected, completed, complied with and abided
by, then, in either or any such event. the acid aggregate sum mentioned ,n aa,d promissory note then rema~rung
unpaid. with interest accrued, and W moneys secured hereby, shall become due and payable forthwith, or there-
after. at the option of said Mortgagee, as fully and completely as if all of the said sums of money we» originally
stipulited to M paid on such day, anything in said promissory note, and•or In this mortgage to the contrary not-
withstanding; and the»upon oe thereafter at the option of said 1?lortgagee, ithout nonce or demand, suit at
law or is equity, the»tofo», or thereafter begun. may be prosecuted as ~t all moneys secured hereby had matured
prior W its institution.
Z. That in the event that at the beglnaing of or at say time pending any suit upon fhb mortgage, or to
foreclose it, or to »form It. and/or to enforce payment of any clams hereunder, said Mortgagee ahaU apply
to the court having jurtedlcgon thereof for the appointment of a Receiver, such court shall forthwith appoint
• Receiver of said mortgaged property all and singular, Including all and singulsr the rents. Income, profits, ,
issues and revenues from whatever source derived, each and every of which, it being expressly node»tood, b
hereby mortgaged as it specifically set forth and described in the grunting and habendum clauses hereof, and
ouch Receiver shalt have all the broad and effective functions and po~eera in anywise entrusted by a court
to a Receiver, and such appointment shall be made by such court as an admitted equity and a mattes of ab•
solute right to said 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 and~or of the defendants, and that such
»nta, profits. income; issues and re~-enues shall be spplied by such Receiver according to the lien and/or equity
of said Mortgagee and the practice of such court.
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above ditional loans or future advances made within twenty years from date hereof by the
mortgagee to paid mor g ccessor in title of said mortgagors of the property hereby conveyed; +
provided that the total unpaid balance o red hereby at any one time shall not exc^ed
the maximum principal amount of Dollars
(i plus interest thereon and any disbursements made byte a pay- ;
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II~ ViRTNiES3 WHEREOF, the said Mortgagor has executed fhb mortgage under seal on the- day and year
herein fi»t above wrfttea.
Signed, sealed and delivered in the presence ot:
- Tomas L . Sweeney
an K. Swe ey
PR(,v?N CE uF r3R ,1~.s N Cat-yNA ~A
C~ `Ati~__........._ . ~ ~ E
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Befo» ttte personally appeared.......~Q.k~F~$...~_.~.4.'~~.NEY and--.JEAN. K. SWEENEY„~_his_
to me well known and known to me to be the individual-S described in and who executed the foregoing instrtt-.,
~ ment, and acknowledged before me that ~.he~r- executed the same for the purposes therein exp - • - , i
~ WITNF.S3 my hand and otftcltl seal this...--.21a,~ .._...day ot..._.. A y _ ~
~ - i (f`r r
PATTISON Ci. LAW94_.. s ^ -
~ ~p gyp, 3 GOAD Notary public to aad~~ , ~
MQ~p. e,G, V6Y ~ County and Sts < <
p~ q comml»ion expi %C3~~ ~ !=j
srwT~ oF---•------------•------------------•------- QJIN.'tIS?'ER AND . O~ 1C~ ,a ~ -
i ~ ss.
-
~ cotrniTY oF---------------_.._...._............._.--- _ =
.
Before ma peraonalt, aplxared-..-•---•---• ......................._._.._......_.._.._....___..___....._.-........_.._._.._,I;._._....
and W ms well ]mown std
known to me to be the..........._.._....._..__.__.__..prealdeat and__.._.._w_.___..__._.._._......_.._..---._......_„....__..._._ 8screbr,
respectively ot the corpontloa
named fn We foregoing itutrumeat. and known to me to bs the persons who ae such ofIIcere of aatd corporation,
executed the same; and then and thin the said ._...._---•--._.._._.._......_.._...aad the acid ,
M
._...d1d ackaow?ledge befo» me that said
~ Instrument is the free act sad deed of said corpontion by them respecalvety executed v such officers for the
r purposes there expressed- that the seas Nereuato attached b the corporate seal by them to like capacity af-
fixed: alt ynauthority to tbem duly vested Dy the Board of Directors of said oorporaUoa.
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WTPNit88 sty hand sad otdctal seal this-........._ _._..day oot._._._._._......_.._..._.........~...._.___., 10.._._ i
Qpp~ Notar, Public to and for -
413 th. Cotmt, and Sate wfo»satd.
M, ootaaiiwon ezptres:
1,480 .Ally -6 ~M il~ I1
f E9 AliB RECp~t/~o
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RECOROYfR1FtfA BCrOX~~ PdGE~~
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