HomeMy WebLinkAbout0970 d. That (s) In th~ ~vent of any bnach ot this mortgaae o~ de[~ult on the pArt of the I?tortgagor, or lbi w
the event any ot uid •ums ot money herefn nfecrcd to be not promptly snd tully pud w~thin ten day~ next
~Iter th4 same severally becoms due r?nd psyable, v~nthout demand or not~ce, or ~c? ~n the event eacb and e~ery
the at?pulations. agreements, cond~t~ons I?nd ~ovenants of asid prom,sso~y note and t~~~ mr,rtgage, any or either,
are not duly. promptly and tully performed. d~scha~ged, executed, ettected, completed, complied with and ab~ded
by. then. ~n e~the~ or any such event, the saiJ aggregate sum m~~nt~oned ~n sa,d prom,ssory note then rcma~rung
unpa~d, with intrrest sccrued. and sp moneys aecured h.•nby, shall become due and payable torth~~zth, or the~e-
atter, at the optioa of said Mortgagee. as [ully and completely as it all ot the sa~d sums oi money were or~gmalty
st~pulated to be psi~ on such day, anyth~ng in ~a~d prom~ssory note, ami or In this mortgage lo the contrary not-
w~thstanding; and thereupon or thenafter ~t the opt~on of sa,d biortgagee, ~~•ithout not~ce or demand~ suit at ~
U?w or in equity, theretofore. or thereatter begun. may be prosecuted a, ~t all moneys aecured hereby had matured
prior W its institutioa
7. That in the event that at ths DeginrUna ot or at any time pending any auit upoa this mor!gage. or to
forecloee it, o~ to nform it. and; or to enforce payment ot any cla~ms hereunder, said 1?Sortgagee shall ~pply
to the court having jurisdiction thereof tor the appointment ot a Rece?ver. ~uch court shall torthwith appoint
a Receiver ot said mortgaged property all and aingular. inctuding all and s~ngular the rents. Income~ profits.
Sasue~ and nvenuea f~om whatever source deri~•ed, ea~•h and e~~ery oI ~vhlch, it De~ng expreaaly understood. i~ ~
hereby mortgaged a~ it spec~fically aet torth and deacr~ted in the Rr.~nting an~ habendum clause~ hereot. and
~uch Receiver shall have all the broad end et[ective fun~tinns and Fxi~rer~ in xnw?•~se entrusted by a court
to a Rece~ver. and auch appointment ahall be made by such court as an admiited equity and a matter of ab-
aolute right to aaid Mort`agee, and withont reterence to the adeyuacy or inadequacy ot the value of tha pmp-
erty mort~aged or to the solvency or inaolvency ot said MortRaRor and ior of the defendants, and that auch
rents, pwiits, income, isaues and re~•enues shall be a~~plied Dy such Recei~~er according to the lien and/or'equity
ot safd Mortgagee and the practice ot ~uch court.
8. n
above descr~ i ns or tuture advances made within twenty years irom date hereot by the
morigagee to ~aid mortqagors or any ~ 'ile ot said mortgagors ot the property hereby conveyed;
provided that the total unpaid balance of the indebt -~eFeby at any one' time shal! not exceed
the maximum principal amount of Dollars
(s plus interest thereofi and any disbursements made by the mortg
. ~ .
IIV WITNESS WHEREOF. the uid Hortg~or 1~u executed thli morteage under seal on t1~s day and yeu
eretn 'rat aDove Mrittet~
S ed, ea1 n vered in the prex~ce of:
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~
~a.s.~Q~ ~j . ~ ~ ~ SEAL )
~ ~ _ ~
Z •w' ~ ~ ~ - (SEAL)
r.. . rt .
~
~ STATE OF_..D.L!.'4 SSR ~,il JSPTf
~ COUNTY OF~A~e N S T71 f3.L E----
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~etp» me personWy appeareb.. ..G,~~--~_~~._..:.I~ V~/'~..._!~"-sL ~ A`"7`M~ Y'v---:•--•----._.!..~.~
; ~r~.;,.,e: - ~.r ~ . .
......w...........~...».......»...---..._.. . g g
' ~ ~me vqqt{ ltiwwr~ and known to me to Ae the individual ~ descnbed in and who executed the fore oin inatru-
I - ~ ent, ~owledged befoie me that :Z.he_ executed the same for the purposes therein e:preased.
~ . : :
• ~ ~ L` ~ t ~ L-_ l~ ~
4 c;~..~ : WIT~JESS my hend and offictai ieal this......1._ ~tl_.1a.._...day f.. 'Z~~
I ~ ~G ~ N, ` r ~ / "7
1 LCC~* t_ C~ S ?.2.~'I-'~
t? y~ C~-~ .a.~..
--O~ZT~? LC lA iAd LOT
! ~ ~~r,. ~ ' the Couniy aad Stste Aforesaid /
~ 'L .:~Fj~'` My commisaion eupires: yn ~ J, if~ (o
" 8~l~ATS OF...._...-•-••
E ~ ~a.
~ COUNTY OF, - ~
~ } '
. Before me personally appeared i
~ and W ms weli ia~own and
.
~
$ known to me Lo be the.••-••••-..___...-•-- ...............Pr~sideat and__. Secntar~
~
e
` respactiveiy ot ths o0 on
;
~
~ named in the tongoin~ instn~m~n~ and to me to be th~ perwns who a~ ~uch of~cen of corpontloa.
, e:ecuted the same; aad then th~re tf?e ~aib......_...__...._-----._.._..---..._..-••.......__...._._..~_.. _.._.........__...and th~ safd
s
~ .r.. wledae bKor~ me Nat ~atd '
e
~ fnstrumen e tree ut and deed of Wd rnrpontlon by them rea y eacscuted u sucA ottlcers for th~ `
~ pu erein exprea~ed: that the ~eal thereunto attached b rporate ieal by them !n Wce capacity a!-
~ ; all under authorlty ln th~m duly v~ted by the Board of ctors ot sald eorporatlon.
1
~ ofli'PI~SB my 1?and aad ofdclal asal this..... ..__._._._..dsy ot•--~._......_..._.__......_..... 19.._._
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~ 5~4965 ~
; Notary Publlc ln ~nd tor
the County aad Stats Atorw~d.
A~ii 20 9~ 4 ~ My commLslon e:ptrea:
;
~I:CC ~Hf '~~CC•Ni1E:1 ;
Si.ltH:lE CGJY~Y.?~ a. ~
r+c}GER rr,i;R~.s ~
CLERK CIR~UI1 Cf:IF~
• • . ' 4 ° _
` BCOK J~JJ FdGE ~VO -
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