HomeMy WebLinkAbout0147 d. That (al In the event of any breach of this mortgage or default nn the part of the I?lortgagor• or ID? to
the event any of said sums of money herern referred to De not promptly and fully paref w+thin ten days next
after the same severally become due and payable, w+tha,rt demand or not+ce, ur ?c? rn the event each and e~~ery
the strpulatwns, sgreements, condrtrona and covenants of slut prom~saory n•,,e and th+s n+nrt;;age, any or euher,
are not duly, promptly and fully performed, drscharged, executed, e[[ecte.i, cuml,leted, complred w•rth and ab+ded
by. then, +n either or any such event, the card aggregate sum m~•nt,one.l +n sa.d prom,ssory note then rema+nrnq
unpa+d, w?th rntvre3t accrued, and all moneys secured hereby, shall become due and payable forthwith, or there-
a[ter, at the option of said Dortgagee, as fully and cnmpletcly as rt all of the said sums of money were or,q,naliy
stipulated to be part on such Jay anything rn said pronussory note, amt or in th+s mortgage to the contrary nol-
wrthstandinq; and thereupon or thereafter at the opt+~~n n[ sa,d ~lorthagee, ~~•rthout notice or demsnd, suit at
law or rn equity, theretofore, or thereafter begun, may be prosecuted as rt all moneys secured hereby had matured
prior to its institution.
7. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to
foreclose ft, or to reform it, and/or to enforce payment of any clams hereunder, said Mortgagee shalt apply
to the court having junsdictlon thereof for the appointment of a Receiver, such court shall forthwith appoint
a Receiver of said mortgaged property all snd singular, including all and angular the rents, Income, profits,
issues and revenues from whatever source derived, ea.•h and e.•Pry of which, it be,nq expressly understood, U
hereby mortlaged as it specr[ically set forth and descrited in the gr:ant+ng and habendum clauses hereof, and
such Receiver shall have ail the broad and effectree tun~tr~ns and era +n any'te,se entrusted by a court
to a Receiver, and such appointment shall be made by such court sis an admitted equity and a matter of as
solute right to said 1?tortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said AlortRa~or andior of the defendants, and that such
rents, profrt.~, income, issues and re.~enues shall be al•plied by such Recei~•er according to the lien and/or equity
of said Mortgagee and the practice of such court.
S n
above descnbc itional loans or future advances made within twenty years from date hereof by tha
mortgagee to sa+d raortRag r in title of said mortgagors of the property hereby conveyed:
provided that the total unpaid balance of t e ured hereby at any one time shall not exceed
the maximum pri~c,pal amount of Dollars
(S 1, plus interest thereon and any disbursements made by the mortRaq ay-
~xes• Ir•v+s`s or
IIV WITNESS V1T-iEREOF, the said Mortgagor has executed this mortgage under seal on the day and year
herein tint above written.
Signed, sealed and de -vered in the pre nee ot: THIS S A E~~LOON O
.(J/~,
Grace M. S Ivan
STATE OF......_..~.t~~_~O~'y`
COUNTY OF....... ~~~'`~......~r^
Before me personally appeared ...............Sa.~G~...~.~._~SZ~eIr~.~l_~1,~T.--
to me well known and known to me to he the individual described in and who executed the foregolrig trtstrsl-
ment, and acknowledged before me that .p,he._.. executed the same for the purposes thersrn expressed.- ,
WITNESS my hand and official seal this..... ~/..~:~.._.day of..._.._..O . lg.~
.
_ ..r_.__... l
Notary Public In and for L~~%~..'~• tj•
I the County and sts~~~?id. HA (J~,t:
[ My commission ~11~lireii`!~''c• State ~N'
$TATE OF 1 ~ 52-395907
COUNTY OF f~glpipitsia'1 Enpit~ Llarth 3i:. ~7~/ 8~
Before me personally appeared
and.-• to me well known sad
known to ms W De the ..............._......_._......._:_.._Prealdent and..--•--•---.....__......_........----.......__......_......._..-----..._...._. Secretary
respectively of - the corporation
named in the toregotng instrument. and known to me to be the penoru who as such officers of said corporation,
executed the same; and then and there the sald .................._..............._...._....._..__..........____..............-.---........_...snd the said
._....._d1d acknowledge before me that said
' Instrument Is the tree act and deed of said corporation by them respectively executed u such oMcers for the
purposes therein expressed; that the seal thereunto attached V the corporate seal by them fn like capacity af-
I fixed: all under authorl[y In them duly vested by the Board of Directors of said corporation.
a
W1TNP.38 my hand sad ottlclal seal Ws.._.._•-•.--•----._.....day ot..._.....___._ 19.__._
i
3 '
r ~ i ~ i Notary Public in and for ` ~
~ the County and State Aforesaid.
lily ooriwiLalon exptrea:
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5U'7234 r,K
8~~x343 PEE 147
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