HomeMy WebLinkAbout0324`. Tut (a) 1n th~ ~vent ot any b~t~cA ot thli mort~~~ o~ det~ult on th~ p+~n ot the 1-Iart~~~or, or Ib- tn
th~ ~vent any of uid ~uma ot mon~y h~nln rehrr~d W M rtot promptly and tully pud w~thin ten day~ next
~ttee th~ sam~ ieve~ally pecome du~ and p~yabl~, vinthout demand o~ not~ce, o~ ~ c 1~n the event e~ch at-d ev~ry
th~ ~t~pulat~ons. ag~eementa, cond~t~on~ and covenanb ot sa~d prom~so-n~y n~te and th~s m~~~tgage, any or etther.
ar~ ~ot duly. promptly and fully perto~m~d, d~si:h~~ged. executed, ettected, completed, compl~ed w~tb ~nd sb~dM
by. then, ~n e~the~ o~ ~ny such eveat, the saiJ ag~~egate sum m~•nttoned ~n sa~A prom~saory note lhen rema~n~r-t
unpa~d, with ~ntere~t accrued, a~d all moneys sec~ired ~.~reby, ah:-11 becum~ due end payable lorthwith, or then-
atter, at the option o[ ssid~ Mortgagee, ~e tully and completcly aa ~( all ot the sa«l ~~~n~. ot monPy were or~~inalq-
~t~pulated to be pa~J oo such dsy, a~ythln~ ~n ~a~d prom~ssory nn[e, sn~t or ~n th~s mo~t~age to th~ contrary not-
w~tAstand~ng; ~nd thereupon o~ thereatte~ at the opt~~~n ot said Nlort~;aRre, ~~•~thout not-ce or demand. ~ult at
law o~ ~n equlty, theretotor0. 0~ the~ea[te~ De~un. may be prwecuteJ as ~t all moneys secured hereby had matund
pclor to ib -eatiwtlon.
7. That In the e~eut that at the Al~1MiRt ot or at ai-y tlme pendinF any suit upon thls mortta~e. or to
lorecloss i~ or to retorm It. ~nd/or to anfocce p~yment ot any cls~ms hereunder, swd Mortga~ee ~haU apply
to ths court ~~vins iuriadictlon thereof !or the appou~tment ot t Re~•c~vec, auch court ahall torthwith appoint
a Recelver ot wd mortgaged p~operty all and ~~ogular. including nll and a~ngulsr the renta, Income~ profit~,
1~ue~ and revenues from whatever wurce denved, ea~ h a~d e~e~y ot ~~h~ch, ~t A~~nR expresaly under~tood, f~
hereby mortgag~d a~ it apec~[ically aet [orth and descr~Eed ~n the Rr:~nt-ng and habe~dum clu~ae~ hereot. and
~uch Rece~ver shall h~vs all the broad and etfect~ve tun~t~nns an~1 ;~~~r-: ~+ ~n an~-w~~se entrusted by a court
to a Receiver, and auch appo~~tme~t shall be made by ~uch court ~+ en sdmdted equlty and • matter ot a~
wlute riaht to safd l~ortpgee, and without reterence to the adequacy or ~eadequacy ot the ~alua ot the prop-
•sty morttagM or to the aolvency or inaolvency ot uid MortRaRor and ~~~r ot the deteedants, and that ~uch
rents, prohes. income, ~~ues and ~e~•eoues shall be ~pplied Dy such Receiver according to the Itee and/or equfty
o! ~afd ~[ort~saee and the pnctice ot such court. . '
(1~
~2)-
above described any additional loans or future advances made within twenty years [ro he
mortgagee to ~aid mortgagors or any succesSOr in title ot said mort • y hereby coeveyed•
prov~ded that the total unpa~d balance ot the indeb ~ e y at any one time shall not excetd
the maximum principal amou Dollars
~= s~nterest therev~n and any disbursements made by the moriRaqee for the pay-
- ~~. ..~. e J - - 1... ..L... .~~. ~ ~' ~ 'J~. 1'_~'- -- -- -,
IId W1TNS3S W~iERSO!', the ~ald ~[ort~or bar ~xecuted this mort~a~e under seal on the day Rnd yeu
hcrein fint aDov~ wrrlttq~.
9lsned, ~ealed and dellve~M 1n the pre~ence ot: ~
~ ~
'-~ % ' ./ J~ n ~ / ~ l.
coviv~r oF.....Co ok ...
~ t' y`C~~ ~. G 7 2F ~
-~~~~~-~~'~"~~ """"" ~ORG~ F . KOVAR
..---~----~--- ----•-
u~ ~~
EAN~. KOVAR
Illinois
STAZ'L OF .._..--°--••-•-•-_-•...._---..
~....~~~~w.~.....~...y ~
,~e GEORGE F. KOVAR and_ ELEANOR_.M:_...j~QV~,~_hi,~,f_
Wl Le tore me persoaWy appeared ................................. . ....._. . _- . •--• •-•- ..
• ~ :f ~ .
otary .
the County ~nd State res ~ .'~ L'- s-
My comml~sion exp~re /U rZ ~~
$TATE OF-- ----•-•-----~-•...---• ............. ~--- -• ~
ss.
........--•-••--------------•-----•-••••-------•--------••----••••- •--~- ----•-..._.._.°-••-...-----------------;~-- -~- - --- -
to me wetl known and know-n to m~ to be the ~ndiv~duat ... descnbed ~n and who executed the ~
ment~ and ~cknowledged be[ore me that t.he.3T executed thes~ e tor the purpoaer theran e~cp `r'Y~sN~~ -~~' ;.
/ ~`~ Dece e - ~ '
WTPNESS my hand and oftlclal ~eal thii... .. . ,1.~_.._._..d~y o .. ._.---•------•• --• • - M--l•' .
• i:.<<; ~ ,
C~ ~L E, ,~;'~:'j '
....-------...---• -•-----~ ............... .. ~ ,
~ N PubHc tn and tor •~ ~" '~~..
COtJNTY OP' ............. ..........••---..._.......••--
and•---.........•--
known to ms W bs the.---•- --..
:y~SY6~~
/_
aad
......-•--•PTM1dEAL ~Ild._----~--'......---°_.._..--- _..-°--•-
respectively ot •• •-~ ---•-••---••-• ....................
n~ned in the tore~oln~ iiuteum~nt, aad lcnown to me to be
eaecuted the same; aad then and t1~e» th~
-.~-••-._._ 6~crrtat'~
--...---•-•-•-._....., th~ ~orponuon
who a~ ~uc1~ otOc~n ot ~afd corpontloo.
-----------------------_......_..._---a~e w we
.......__.._._...._._._........_~ ~cknowl~~ Mtor~ m~ tlut ~alA
~--•---•.......••• ..............._.--°..____----------- ~
Irutrument li Lha tree a deed ot u10 corporadon by them reip~cdvel esecut~d a~ iuch oMa» !os t1w
purpoiea th~reln ~ed: that the ~ea! thereunto sttached l~ t2~~ corporate aeal by tb~m W llia c~paeity at-
~Uced; aa thorlty'1n them duly vateA by tbe Hoard o! DlrecWra ot sald corporatlo~.
R.......~.ea mv t+~~d Ld nttlc~ a~~rtif^ ---- ----- dav ef ~ ~rr
512598
- ~.~ __ _ ~~ ., _
~:: -
a _: _
1981 JA~2 -7 i~ 2~ 57
FcIEG ~M~ ~~COAI1~ U
s~.~uci o sr,ri a
Ro~~R roitt+n~;
CIERK CIRC~JIT CftL~ ° `
R~~..,r ~•~~ -
,.
- -.._...----~--------~--~----~------
Notary PubUc tn anA for
th• Cauncr and stats Atorrald-
~[y oo,nmL+Hon eipu+.:
a~ax3~s P~GE ~2
~ ;" e
~ ~~:~~~a~