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Home My WebLink About0404 J That tat In the event of any breach of thb mortgage or default on the part of the 1?fortgagor, or lbl is the event any of said sums of money herein »terred to bs not promptly and lolly paid vinthla ten days next attet the same severally become due and payable. without demand or notice. or ~c) in the event each and dvery the stipulations. agreements, conditions and covenants of said promesso~y note and this mortgage. any or either. a» sot duly, promptly and fully performed. discharged, executed. ettected, completed. complied with and abided by, then. la eitMe or any such event. tht said agg»gste sum mentioned in said promissory note then cemsiNng unpaid. with interest accrued. and all moneys secured hereby. shall become due and payable lorthwlth, or there- after. at the option of said Mortgagee, u tally and completely u if all of the said sums of money we» originally stipulated to be paid on such day. anything is said promissory note, and%or In this mortgage to the contrary note withstanding; and the»upon or thereafter at the option of aeid lortgagee. without notice or demand. salt at law or is pally. thsretotore~ os thereafter begun. may be prosecuted u if all moneys secured he»by had matured prior to ib instlwtioa 7. That to the sveat that at the beginatns of or at any time pending- any salt upon ibis mor•.gsge. or to fo»elose It, or W »forra tt, and/or to enforce payment of any claims he»under, said Mortgagee shW apply. to the court having ~urtsdlctloa thereof for the appointment of a Receiver. such court shall totthwith appoint • Reoelver of said mortgaged property sU sad W?gular. tncluding all and singular the rents, income, profltar issues and »venues from whatever souros derived. each and every o[ which. it being expressly understood. L be»b mortgaged v it specifically pt torch and described in the granting and habendum clause hereof. sad such Receiver shall have all tM broad and eftecgve functions and powers in anywise entrusted by a court to a Receiver. sad such appointment shall be made by such court as an admitted equtty sad • matter of ab• solute right to said Mortgagee, and without »terence to the adequacy or inadequacy of the value of the prop- erty mort[a~d or to the solvency or inaotvency of satd btortgagor and/os of the defendants. sad that such »ats. pro ts. facome. issues and revenues shall De applied by such Receiver according to the ilea aad/oe equity M said Mortgagee and the praMta of such court. < IIf WTPN>E3S WHSR>ISOF. the said Mortgagor has executed this mortgage urger seal on the day and year herein Arst wdttea. seal and dally ~ !a presen ot: ~~~?~v'a- ~ • ~ts ~xa~ L.S. T~~OEiA F. DFSNII~ . . ~t~ oF..!nn~~~i.~........._.._... Before me persoaally appeared........... _ Albert Jr _De9mit and. Theodora F. Defimit his wife ~ to me well known and known to me to be the individual.... described is -and who executed the foregoing lastrv- ~ meat. and acknowledged before me that ~.he~,. executed the same for the purposes therein ezpresssd. ~ ~ wiTrT$ss my hand and ofttctal seat this........1.~ ..............dy 10..$8 f 7 • ~ .••r~~~~ _ Public fa and fOr ~ • ~ ty sad State Aforesaid. ~ti . ~ ~ ~ ! ~ commission expires: t _ r~ ~,a ~f r ~ me iiY71aY • ,4~jBet~ .r_..-r t0 me well lmOwa sad known to me W b the_.......„.,..._.._....__.._.__..Presfdeat as w 8ec»tary respectively of the oorpontlou named in the toregotng instrument. sad known to me to bs the persons who a, such oittars of -said oo~rporatla®. executed the same: sad tbea sad the» the acid .._.._.aad the t+ald wow aclmowledge bsfora m• that said ~ instrument V the tree act sad deed of said oorporatioa by them rsepectivaly executed as such ofsoers for the purpoees the»In expressed: that the seal the»uato attached b the corporate ssal by them fa like capacity at- llxed: all uadar authority in them duly vested by the Hoard o! Directors of said corporatloa. W1TN>1;88 my head sad o[tlcial seal this-...._.... ~y . a[ lY.._._ 489802 _ _ _ _ _ Notarp Public in ane for i q80 JUN 16 PM 12~ 09 ~ cwt, sad star. wfornid. 4 My fU.EO/~NC prCORti~D ST.tUCIE COt1:1~Y. CLERK CRIRPClaNT C A A. ~ ItFCt1RN YERIfiE~.. BQrOK JJJ PAGE ~ ~ # " 1