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HomeMy WebLinkAbout1062 5. !'o pernail, conimit or .1uf'fei~ no u•~r.til~~ ine>>uirnxe~et nr drt~~rioratiu~i of suid ' propcrtJ a~ aiiJ l~urt tlrcreof. l;. fi~ ~~erf'ornt, coaa~~l~ with. ~cnd al,i.c~e by e~a~h ~t~:~l ev~r,y th~ stipttlations, agree- ~ »e~~~ets, ~~onditions a~ed co~~ena~:ts in sai~l >>romi.ssor~ note aud in tliis deed set forth. 7. If an~ of said sums of money herein referred to be not prnmptly and fully ~id within thirty (30) c~ay.4 ~iext ctfter !he same severally become drie and p~ able, or if eaeh and every the stipulations, agreements, conditionR and cuaenants o~said : prnmissor,r/ note and th.is c~eed or either, are not duly perforneed. complied with and ocbided by, the said acg~egate su~rt ntentioned in .said promissurJ iaotc t/~e~~ re~itainin$ ~ unpa~id shall become due atnd payable forthwith or thereufter at the uption of the . JKort$a~'ee as futly ctnd eompletely as if the said cc~~re~'ate sum oJ' ~TH~E HtNpR'Ep SEVErti'Y- . FIVE ($375,000.00) DOLI~RS & Nq/100*** dollars was origi~tally stiprclated to be paid on such d.ay, anythin~' in sccid promissory note or herein to the contrary notwithstanding. 8. The .M'ort~a.~ee ma.y, at un,y time :vhile ct suit is pendin~'ti~ fnrPClose orto refornt this m,orl~a~'e or to enfurce any c.laims arisi~cg' /aere~ander, cc~~~~lJ to t/re cor~rt h~vi~cg jurisdictiort t/r,~reof f'or the appointnient uf a. receiver, un~l si~c% co~crt s/iuld forl/e.rvith mppoint ac receiver of the premises and ctll u!/rer ~~ro~~ertJ cui~erP~t herebJ, i~tcl~tdi.irg all and si~t~ula~r lhe income, profits, rents, isstces und reveieues f'rnna ic•IifI~PDP,)• sorc~•ce ~le- riued, and sucir. recPiver shall have all th.e brnud and effective jri~rctions ctnrl J~nu~ers irt ctnywise entrrasted by a c.oi~rt tu a recPii-era.n~sru:/r. appoiiitn~Pn/ shall Le ntade Gy tircch. court cts an admitted eqr~ify Rnd a matter of absoltcte riglit. tu saiaG .Mortga~ee, a~c~l without reference to the adequacy or ina~lequacy of the va.lue of tli.e properhj n~.ort- ~aged or to the solvency or insolvency of said .Alortga~or or lhe defendanJs, an~l. suc%. inco~ne, profits, rents, issties and reventies slecill Le uppliert by s~cch receiver uccordiic~ to tlu lien of this mort~age and the prnctice oJ'such court. ~ 9. Failure by t~leie JKort~a~ee to exereise acny of the ri~'hts or options herein p~evid,ed sha,ll not constitute ac wa,iver of dny right,s or option~ under sa,id note or this m,ortgic~e ccccrued or thereafter accrutn~ ~Itt ~ttttp~i8 ~hprPllf. tJr~~ s~rid purt~~ u/' ~li~~ %tr~l part h~~s . ~ ~•~iu~~~l Ihrs~~,rr•,e~tt+ t~~ /» ci~nr~l i~r itt nar~ie b~~ i.fs Yr~sident, ~rn~! itx ~c~rp~~r~if~ s~>ul lu Ge• uJ)i.rc~l, utt~st~i/ br~ its - t('~~rporul~• ~ t/r~ ~luy u-t~l J~~ar uh~~i•e r~•ritte-i. . .tieal - ~ : ~ . ~~ r f~, r. w~s~r-F~c~n~~~rrr t~;,;,... ~• .~~i•rrt ~~r~/ ;_ ,. • , ;~ ~~1~•~,j n - ~ = ~~G . • ~ .n Si~ Sralyd und I)eli~-errd in Our Prc•xen~•~: .~ =~1~ '~t~~~ ~':~~ ' ~ ~ . ~ ~- L-- /~~~ Pr~snb I . ~ ~ _ ~ -,`'_i ~. ~ ~~~ - d'''~,47~~"~ ° ' ~ 'j'I~~J ~~t~/ //~ ~!C-~j ~ . v'•GJ'J ~~~.~p ,; . ivO/:~;;;_~,;;.y- ~ttt~r ~rf ~i,ari~tt : ~ :, ~ ,. ;- ~nuntg nf pp~t s~t ~ 1, an uJ)i~•~~r a~i(h~~ri~~~cl Ir, /nti•~~ «~•k~~.,tr(rilc~n~riil, ~,f ~1~~~~/~ ~~~~.udin~ to tlre ~ lai~•s ~,/' t1i~ ,tilul~~ ~~/' /~l~~rid~~. d~~lr~ i~nn/ifi~•~! ai~~/ a~lii~o, ~prphg ~llett~ft~. [hal - i PRINf~ I . DeLUCA ~~ ~~ ~! . . r~cp~~/ii•~l~/ as Pr~~irl~i~~ ~~i~~! .~~~~•r~l~rrr~.~/' WFSZON-F!A ~ ~~ ~RP., tu nr~~ p~rsnnn!/~~ kn~,i~•i~, !/~i. ~1~~~~ u~•~•n~,t~•l~ds~c! h~~ ure »re 1 eal t tPJ e.re~ttlecl 11r~ ~~ j~,rc•~~,iii~ i~~c,r~o~ro~~ us .n~•/i ~,/ji~•~~rx ~~f .uid ~ur~~nr~rti~~~~. ~rn~l tl:n~ t1iPr~ ~~jia'PlI /I1PlP(Il Ilr~ u/jiria! xc~~i/ uf' ,~r~~/ ~nrpu~~ilinir: un~/ ~~urtl~er (~ertify lhat /~•~i~ir [he ~ .ai~! p~~r.~~~~s ~i~akin~ sui~! ~ir~•iiui~•l~~doi~rc•r~tti 1~, h~ thc~ indir•idu~~/x ~/F~,~rrl~c~d i~i u~lcl ~ tvh~- ex~~nt~~! ll~~ ~ai~/ n~nrl~~~~r. ~ ~ ~In ~itnc~g i~fJcrcof, / h~~r~niil~, .rl »i~~ lrr~ii~l nn~! ~1~;~•ia! s~>~~l at ~o r~,,, ~~..,~ s~ii~! ('unii/i~ ~~~ic/ .tilalc, [his ~ / ~ " rl.vy Q~ ~. , .~1. 1). 1lI80 . ~ ~ ~1 ?~103 l ~~~ ~~ . ~ .~cl~~~ . . 'JV'otary Publi ~/~' - ,. I~~~ ~, ~} _ ~ ~ ~ ~ ~ .Afy Contmis8ion Expires ; r..,,..; , . _. . • . . .: 7, -, : : . - ~ ' - ~ ;l f F L-bf F~ F~,~~~t F ?.~- ~. ~ . ~ • ;.,; t ~ . S' IUCI~~i'i},~rt.~~~. , _ . " , • f•~'~~f ~ ~f~`. ~h~~ D:,n~?e.ac .. .. • 1 . . . n:: Clark.lr.:. , i ' ^_ C .E HY tiIFC~ t ~~ :. ~ . ~ . , . LYt7 t d - 3r~K~~~ PdGE1~0