HomeMy WebLinkAbout0355 ; or inadequlcy ~f thc ~~Zliic~ of t}le pr~perty iiereb>> m~i•t~;agecl, ~r to ti~c
' ; SOl~'CI1Cti' OI' IIlSOIVF11Cy Ot t~1C i~'ic)i't~;a~OI`, nl` ltS fiiICCNSSOt'S OI' assi~ns~ ~lll(~ '
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;~tl~~t ~tich i•entUj ~~rofits, ~ilicome, issues and reven~ies s}~<lll Ue applie~l by - '
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i such l~eceiver to the pay~~~er,' nf the mortga~e indc~t~~edness, costs ~iid chai~ges ` ;
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- ; accordin~; to the order of such caurt. ~ ~ ~
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8. Th~ l~lortgagee may require monthly escrQ~v deposits foi- i
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! an:~ual E~~yment of ad valorerri taxes and tiazard ins~~rance premium~.-
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- _ 9. '1'0 ~erform, comply with and abide by each and every the ~ :
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~'sti~ulations, agrcements, .^.ondiiions and covenants in said promissory note,
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~~:and in this deed set fortl~. ~ - ~
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, r' 5~~~`}- . II~T ~VITtiESS WHER~OF, its duly authorized officer has hereunto ~
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~ ~ ;'ser his han~ and its corporate seal. this 16 day of ARrii , 1g75, F
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- ` ~ ASSOCIt~' ED IIVNS, INC. - ~
~s:~~~TTEST; - - / ~
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~ Presiclent ` _
~ „ cretary ' - ~ ~ :
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Signec~, sealed and cieli~~ered in the , rs • ;;~~G ~
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^ resence ~f: - ;t~ , ,t ~ r ~i~, ~
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~ ~ STATF O~' ~I55Ia5IP~I ~ -
COU\TTY OF HINDS . . - - ~
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` PERSONALLI before the stibscriber; a NotarS= Public, appeared ~
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'~,'slter L. 8eard , kno~vn to me to be the individual described
j':..;-"~k~v'said narne and to be fhe Przsident Qf Associated Inns, Inc., the corporation; ~
u-` -;`d~s~ribed in and ~vhich execute the foregoing instrument, and ackno~vledged ;
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~;'and:declared that he executzd ~Che same -for and on behalf of the said corpora- ~
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I ti'd ' ~vith its authorit for and as its act and deed an for ~
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;<<~ -~VIT\ESS my han~i and official seal, this 16 day of ~pril ,
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_ - _ i\Totary Public My Camm(sa[on Ezp~res A+brch. 4; 1976 ~
~ l'Iy commission expires: _ ' ~
~.STA1'E-OF KI~SISSIPPI ~ i
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=~COli\T~' OF HIN~JS - _ - F
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~,.;,t<<,,,:~; : - PERSONALLY before th~ subscriber, ~ iVotary Public, appeared ~ ~
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,.i~°,a, • - ~y: Fields , known io me to be the individual described ~ _ ~
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•..S;b~; said natne and to be the Secretary of F~ssociat~d Inns, Inc. , tlie corporation ! ~
_ -ac t~-t' ,`;~Q's•cribed in and tivhich eYecuted the foregoing instrument, and 3eknowledged ; ~
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s~'1~ declared that he e:cecuted the same for and on behalf of the said corpora- i ~
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=:~n, with its authority, for and as its act and deed, and for the uses and. ? ~
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- F~ n~~ •=~u'rposes set f~~rth therein. - _ ~ }
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,~~1,.~~~~`~``.~ ~VITNESS m~~ hand and official seal, th~s 1S da3~ of qQri1 -
...,,,:~~:~~.~,1975. -
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- Notar`~ Pub1iC l~r Ccmmiss~on Ex~;res M.aru~ 4, L916 ; ~
` ~OJK239 P.iCE ~S~J yiy cornmission espires: ' ,
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