HomeMy WebLinkAbout0718 d. That (a) in the event o! any breach of this mortgage or default on the pRrt of the 1?lortgAgor, or ibt in
the event any of said sums of money herein referred to be not promptly and fully pa+d within ten days next
after the same severally become due and payable, without demand or not+ce, or ~ c 1 in the event each and every
the st+pulations, agreements, condit+ons and covenants of ss+d prom,ssoi y note and this mortgage, any or either,
are not duly, promptly and fully performed, d?scharged, executed, et[ecte,l, completed, complied with and ab+ded
by, then, in ether or any such event, the sail aggregate sum m~•ntione~i +n said promissory note then remaining
unpa+d, with interest accrued, and all moneys secured h~•reby, shall become due and payable fortMvith, or there-
after, at the option of said 1?fortgagee, as fully and completely as if all of the said sums o[ money were originally
stipulated to be paid on such Jay, anything in sa+d promissory note, amt or in this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option of said Aortgagee, without not+ce or demand, suit at
law or in equity, theretofots, or thereafter begun. may be prosecuted as 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 it, or to reform it, and/or to enforce payment of any clams hereunder, said Mortgages shall apply
to the court having jurisdiction thereof for the appointment of a Receiver, such court shall forthwith appoint
• Receiver of said mortgaged property all and singular, including all and singular the rents. Income, profits,
issues and revenues tcom whatever source derived, ea••h and every of wh+ch, it being rxpressly understood, u
hereby mortgaged as it specifically set forth and descrit:cd in the Rranting anJ habendum clauses hereof, and
such Receiver shall have all the broad and ef[ective tun~tinns and lu,~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 matter o[ ab-
solute right to aatd 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 MortRaRor and for of the defendants, and that such
rents. pro[its, income, +ssues and revenues shall be al•plied by such Receiver according to the lien and/or equity
of said Mortgagee and the practice of such court.
and
above desert • Tonal loans or future advances made within twenty years from date hereof by the
mortgagee to paid mortgagor r in title of said mortgagors of the property hereby conveyed:
provide) that the total unpaid balance of the toe v one time shall not exceed
the maximum principal amount of DolCars
(s plus interest ther nand any disbursements made by the mortgagee for -
n e proper y enc
IIJ WITNESS WHERLUF, the said Mortgagor has executed this mortgage under seal on the day and year
here+n first above wrfttea
Signed, sealed and delivered ,pL67ence of:
...lZt.-._ '
'David W. Hurst
Vir nia L. Hurst
STATLr OF._._........k'I~?~tIJ~A.......__.._
couNTSt oF__._.._.~!9A.RTIN
Before me personally appeared.___..____. DAVID Wµ HURST and VIRGINIA L. HURST, his
Wife,
to me well known and known to me to he the individualc•'... described in and who executed the foregwing lastrw
meet, and acknowledged before me that t.he~_ executed the same for the purposes theran expressed. : , ; ~
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WITNESS m hand and official seal this_..-.-.~ ~ ._....day ot.....__...l..Y.._~~'_--...-._.-._...... 14.
a
f
f
Notary Public to and for ; , • _
the County and State Afo
My commission expires: r5.• 3.~ .y: -
covrrcR oF sa. 3 ~ . •
Pe Y PPeared--..._.
Before me rsonall a _ `J
and to me well known sad
known to me to be the._....-•-------•--.._ ...............Presid nt and__..._--•--....__..-•----_.._...._..._....._.__...--•- Secretary
respectively o ..----.._..r_..__........_...__......._..... the corporation
named in the forego trumeat, and known to me to D the persona who as aucA officers of corporation.
executed the same; sad the d there the Wd.___.._.._._.......-•----._ _ ......................_.__.............._......__..._...___...aad Wd
~ __...did acknowledge before me that sat
instrument fs the tree act and deed of corporation by them respecU executed u such oMcers for the
purposes therein expressed; that the seal enttnto attached is the corpo seal by Wem to Wee capacity at-
fixed: W folder authority to them duly vest y the Board of Directors of W rporaUon.
~ WITNICSS my hand sad ofdctal seal thU ..............•---_---•__day ot..._..._...___...__._......._....._..__..._._...._., Iti..,._
s
Notary Public in and for
the County sad State Aforaaaid•
]city oommiasion expires:
BO~K343 PaGE
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