HomeMy WebLinkAbout0382 6. That (a) in the event of nny bre~ch ot thla mortgage or default on the part ot the Mortgagor~ or (b) tn ~
ihe event any of eaid awns of raoney herein referred to be not promptiy and tully pald within ten ~aya next '
aiter the sxma severally become due and payable, without demand or notice, or (c) in the event each and every M
the atipulations, agreements, condltlons and ~rovenants oi said promiasory note and this mortgt?ge, any or etther,
are not duly, promptly and fulty performed, dischargecl, executed, eitecied~ completed, complleci wiW and aDided 2
by, then, in either or any such event, the sald aggregate aum menttoned in said promlagory note then remoining
unpald, with intereat accrued, and all moneys aecured hereby, ehall become due and payable forthwith, or there-
after, at tha optlon of said 7liorigagee, as fully and completely as if all oi the ssid suma oi monay were originally
etipulated to be paid on such day, anything in said promissory note, and/or in thia mortgaga to the contrary not-
withstanding; and thereupon or khereafter at the optIon of asid Mortgagee, without notlce or demand, ault et
law or in equity, theretofore. or theresiter begun, may be prasecuted a,s ii sll moneys aecured hereby had mstured
prlor to its institutton,
T. That in the event that at the beginning of or at any Ume pending any euit upon thie mortgage, or to '
foreclose it, or to raform it, and/or to enforce payment ;at any ctaime hereand~r, said Mortgsgee ahall epply
to the court having jurlsdiction thereof 4or the appointment ai a Receiver, euch court ahall forthwith appoint
s Receiver o# 8aid mortgaged property all and einRular, lncluding all end ainguiar the rents. incoma~ protita,
iasues and revenues from whatever source derived, each and every oi which, it being expresaly underetood, ia
hereby mortgaged as it specificaily set forth and ~eacPibzd in the granting attd hs~n~um z~ausea hereof, and
auch Receiver ahall have all the broad and effective functions and pocvera !n anywlse entre:ated by a eourt
to a Receiver, nn@ such appointment ahF?ll bx made by euch court as an admitted equity and a matter of ab-
solutu right to aaid Mortgagee, and without reference to the adequacy or inRdequecy of the value o! the prop-
erty mortgaged or to the aolvency or insotvency of said Mortgagor andlor of the defendante, and that auch
rents. profita. income, issues and revenues ahall be applled by auch Receivar according to We linn and/or equity '
of aaid Mortgagee and the practlce of such court. •
8. To duly, promptly and fully periorm, dlacharge, execute, efiect, coraplate, comply with and abide by eseh
and ever~~ the aUpulatlons, agreemente, condittons and covenants in aaid promissory note and ia thla mortgaga
aet forth.
8. It !s mutually covenanted and egreed by and between the I~iortgagor and tho Itiortgagte t2~at thi~ mortgage
t---~-•• ~~.,r~;~+,+_~~ ~_T'il_nririn rnntrnn} nnrl ahAll bA COIIHtili~ BCCOiY~~11R t0 ~1E 18W6 OZ ~lAt
tpillll I.Iltl 11UL0 DOVUac4 a+c~a:v~
A~81R.
TN WITNES3 VVHEREOF, the aaid Mortgagor haa executed thia morigage under aeal on the day and year
hereln lirst abnve written.
8lgned, aeale d delivered in tha preaence of:
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STATE OF.... ~ L Ci I i~_.
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Befora me peraonally appee~i..........L;'~~VX~:;~~c 1.ASTL"2 anrl~~~ ryFE_~S~C~R, his~
. ~.~ife,
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~•'to me tVel~"known and kno~vn to me to he the individual.~. desoribed in end who extcuted the foregoing inetru- i
• ment~ and ac$nowledged before me that #~.hay. executad the saius tor the p iherein expreeaed. !
W1TNE$S my hand and offlcial seal thie......~..._.._....».day oL~ ,,,,,..~...R..»~~ 19....~" •
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, ~ Notary Public ia and for
' the County and 8tate Aforesaid.
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9TATE OF• I t
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COUNT'Y OF ;
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Before me personally appeared.......__._ j
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aAd ~«.»...............................y W ~A WaY ~OWn ~4 . 3
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~ known to me to be the ..............._..............__._...Preaidant and..........._»..._.._.......M_.,_............_...._.............~..._.. 8ecretar~ i
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reapectlvely of the oorporatton ~
naaaed in the foregoing inetrument~ sad known to me to be We persans who as euch officers of said corporetion,
eaecuted the eeme; and then and there the said.........._._...._.......».~_._...»_».»...»_......_.»............M._._»...._..._...and the seld
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; did ac,kaowledge l~ore me tbat aaiiid ~
; ix~strument ia the irea act and 3eed ot said corporation by them roepectively executed as such otllcers tor We
~ purposee thereln expresaed~ that the aeal tl~enuato attached ii the c~rporate seal by them in llke capa~city at- ~
' Yixed: ell under autt?orlty in Wem duly v~~~ by the Board o! Directom o! said corpontian.
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WITIVH~B mq heead an~
of~dal ~eai'~7 ...»,.._._.........da?y o2.. 19......_.
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; ~18` _ _ th. c3ovnq? aae 8tat~ wtorar~ta
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