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8. That (a) In the event ot any bceach of thia mortgage or detault on tl~e p~rt ot the TiortgAgor, or Ibl ln
, the event nny o[ aaid ~ums ot n?cney herein ceferced tn be not promptly and fuUy pnid w~thin ten daya next i
aiter the same severally become due and payable, without demnnd or not~ce, or ~c) ~n the e~•ent etsch and e~~ery
the st~pulations, agreements, conditions and rovenants ~f said promiss~iy note and th~s m~,rtnage, any or elther,
•re not duly, p~omptly and tully perturmed, discharged, executed, etfecteJ, complete~i, complied ~~ith and ab~ded
by, ther. ~n cither or any such event, the said abbregate sum m~~nlinnc<i ?n szid prom~ssory note lhen rcma~ning
unpa~d, ~ti•ilh inturest acerued, and qll moneys securea h_~reby, shall becume due and pay~able torth~vith, or there-
. after, at lhe option ot said Atortgagee, as tuliy ~nd corrtpletely as if all ot the sni~; sun~s nf money ~~~ere origina!!y
atipulated to be paid on such day, anything in sn~d promissory note, nn~i~or in this niortgxge to the cont~ary not-
withstunding; and thereupon or thereatter at the option of said ~Iortgagee, ~~•ithout notice or dcmand. suit at
law or in equlty, theretotore, or thereatt~r begun, n~ay be prosecuted as if ull moneys secured hereby had matured
pricr to lts institution. ~
7. That In the event that at the beginning nt or at any time pending any suit ugon tht~ moa!gage, or to
foreclose it, or to reform It, and/or to enforce pnyment of any cla~ms t~ereunder, ~aid I+iortgagee ahall apply
to the court having jurisdictlon thereof for the appuintment of a Receiver, auch c~urt shall forthwith nppoint
a Recefver o[ said mortgaged property all and singular. :ncluding alt nnd singular the rents, lncome, profita, .
isaues and revenues [~om whatever source derived, each and erery o[ whi~;,, ;t being expressly understood, la
hereby mortgaged as ii apecifically set tarth and desente~ in the ~runttng a.nc~ hsb:ndum cl~uses here~f, sn~ i
auch Receiver shall have all the 'road and et[ecti~•e functinns and ~~u~:•ecs in any~~~ise enlrusted by a court ~
` to a Recei~~er, and such eppointment ahali be inade by auch court as an ed?nitted equity and a matter o~ ab- ,
# eolute right to saW I~tortgt?gee, and ~vithout reference to the adequacy or inadequacy oI the valus of the prop- -
A erty mortgaged or to the solvency or i~satvency oi aaic! riortgaKor andior of the detendants, and that auch
rtnts, protit~, income, issue~ and _ re~•enues ~hall be applied by such Receh•er according to the lten and/or equlty ~
of said Mortgdgee and the practice oi such court. _
- 8. It is understood and agreed that this mortgage is given to secure, in addition to the n~te or obl+gation ~
~ above described any additional loans or future advances made within twenty years trom date hereof by th~
~nort~a~ee to ~aid mortgagors or any successor in title of said mortgaeors of the property. hereby conve~•ed; ~ ~
provided that the tatal unpaid balance of the indebtedness secured hereby at any one time shall not exceed ~
i . lhe maximum principal amounc of . . . _ . . llollars ~
(S plus interest thereon and any disb:~rsements m~de by the martgagee for the },ay-
_ mrnt of ~taxes, levies or insurance on the property eneumbered hereby, with interest on such d~sbursements. ~
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~ IN WITI~-ESS NHERLOF, the aaf~ ]tiortgagor haa execut~d this mortgnge under aeal on the day and ~•ear ~
' - herein firet ~bov~ writtea
' 91 d, aled and delive in the presence oL• ~
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• . ~/~~i..l:.ti'.Gt~~+.~ ~ L . rS . ~
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` r f N . STEWA RT - ;
Z`Lt„y,~Y--~.
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~ As ta hiiY on~-. St wart ~nd ~ ` ~
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` , ~ Dor~ G ~ewai t i~~~. l.~ ~ ~~Gfi~~- L , S . #
. _ RIS G. S AR _ .
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STATE OF.....~'.~!Q~Z~~~A ~
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cotrN~rsr oF_......_ biARTIh* ~ ~
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• Betore me raoaal~ a ared.......~!iILTON I,w.STEWART. and DO~~~..,~,,_,_.,~,~~j/~$~. :
~ Y PPe
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. his wife ~ - ~
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to me K•ell kna~sn and kno~vn co me t~ be the individualS. described in and who ex~cuted the foregoing instru- . ~
ment, and acknowtedged before me that .~.hey. executed th~same for the purposea thereiri e~cpressed. - ;
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VtiITNESS m hand and offlc[al neal ttu~..l~~~ da of... ~ia ' E
.......X ..._._.t .
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Notary Public and f ;
the County and State o ~%;~~f'_ ~ ~ i
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Mv Zommt~sion expir` - -
STATE OF-••---•••--•• _ - c, ,4 `r ~ i~•';'-: • ;
COIJN'I'Y OF ~ ss. ' - ~ ± + Y~~ =
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Befora me personally appeared ~ ~~it,~-~-~
4i !~7'~}.~4 ~~t1~M3 - ~
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and..•••.......-• Lo me waU known ~nd ;
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i - known to ma to be the_._._.._. :.Prealdent and - - - ...._--__----~.:~.-:.-Secret~r~-- - -
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~ respectively of ~he corporntion
named in the toregoing inetnunent, and known to me to be the personi who aa auch olIIcer: o! aald corporatl~n,
I
; executed the same; and then end there tha ~atd-------------••...--••--._._.....__._._...._......_....._...........--•......._.._.....-••--..._and the aald
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, ...w...~. r........__._.._....~~_.._...:..._did ackrccwledge t~efore mt ihat aald ,
instrument t~ the tree act end deed ot said corporaUon by them nspecUvely executed as a~ch ofncera for ths
p~rpose~ therein expressed; that the aeal thereunta attached is the corporate stal by them tn Ltke capacity a!-
_ tixed; e11 ur?der autt~ority in them duly veated by the Board oi Dlrectors ot aald corporatioa . -
WITNL~53 my hand and oftlcial ~aal thia---.._......~._..... day oi ~ 19 "
` Notary Public in and for ~
i Q- the Couaty and 3bte Aforesid. {
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F~,~• t.~ My oommis~ion eacpiret: • ;
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