HomeMy WebLinkAbout0969 d. That (a) le th~ ~vent Ot ~ny bre~cl~ ot tAls mor~~~ or default on the part of the rtort`a or, or tb1 t~
t!?~ event any al said ~um~ ot money h~rein ret~rced to b~ not promptly and (ully pard withie ~~j day~ next
~Iter the same severally become due and payaDls, Mnthout demand or rtoi,~e, or ~c? ~n the eve„t each anA ev~ry
th~ •t~pulauona, ~greement~, cond~t~on~ and covenanta o[ a;id prom,s~~~~ y r. ~te and thl~ mnrtKage, any or elther,
ar• not duly, promptly and fully pertormed, d~acharged, executed. e[fe~te,f, completed, compt~ed w~N and abided
by, then, ~n e~ther or any such event, the i~?~ ag~regate sum mrnt~nne4 ~rt sa~d prnmissn~y nnte then remunrn~
unpaid, w~tA mtere~t accrued, anA all moneye aec~ue4 h.reby, ~ha?I Decuni~ due and p.+yable forthwith, or there-
atter, at the opuon of said Mortgagee, ta [ully and completclp as ,f a!! of !h~ sa,~! ~un,~ oi money w•tre or~g?n~lly
•t~pulated to be pa~a on such ~ay, anything in ~aid pronussory nn[e, amt or ~n th~~ n~eri~age to the contrary oot-
w~tAstanding; and thereupon or thereafter nt the opt~nn of said btort~aRre. ~~~~thout not~ce or dcmand, •uit at
law or ~n eqwty, theretofore, or thereafter DeYun, may be oroaecUted a9 it all moneya secured hereby had matur~d
pHor to its ~net~tut~on.
T. That 1n the event thrt et the be~innin` ot or at any tlme pendlnF any suit upon thf~ mortgage, or to
fonciose it, or to reform It, and/or to entorce payment ol any cla~ms h+~rrunder, ~a,d Mortgagee ~hall ~pply
to the court havin~ jurl~dictlon thereot for the appolntment ot a Re~•ei~•er, auch court shall tocthwith appoint
a Recelver ot eaid moKgaged property all and singviar, inctudin~ xii anJ a~nguisr the rents, tncome, profita.
1MUes ar~d revenues from whatever ~ource derrved, ea~•h and every u! ~~•h~ch, ~t bP~nR expressly underatood, l~
hereby mortgagPd ~ i[ apec~[~cally aet torth and descnted in the Rr.:nUng and habendum clause~ ~iereof, and
~uch Rece~ver ahsll hsv= a11 Lhe broad an4 r/tecuve funrtinns and in xn~-v~•ise entrueted by a court
to a. Rece~ver, •nd auch appo~ntment ahall be made by ;uch court aa an admitted equlty and a matter ot a~
~olute right to said Mortgagee, and without reference to the adeyuacy or inadequacy ot thr value ot the prop-
erty mortgaged or to the aolvency or insolvency ot said Mortgaaor and 'nr ot the defendante, and th~t ~uch
rents, profit~, income, iseuea and rP~•enues shall be appllcd by auch Recei~~er according to the t:an and/or equity
of ~ald Mortgagee and the practice ot auch cnur[.
above described any additional loans or future adva~ces made w~thin twenty year ereut by the
mortgagee to ~aid mortgagors or any successor in title of said mo • property hereby conveyed;
provided that the total unpa~d balance of the in re hereby at any one time shall not exceed
the maximum principal amo Dollars
(S , p us interest therenn and any disbursements made by the mortQaQee for the pay-
IId WITNESS WHEREOF, the iald Hort~or haa •xecuted tRia mortgage under eeal on the day and yeu
herein fint above writtea.
Sf~ned, sealed snd deilvered in the prexnce ot:
, ~ ,~1~,~,.~, ~ ~ w'
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CHR S N W. BENTELE, as
'----Gl.-'- . . - - Trus tee
. ~~~8~1
'64 t~V 16 A10 :39 I~
STAT'E OF....__....F~QR~AA ~IL~ ; L ~
I ROGER r ' ~
MARTIN St ~UC~~ ~
covx~rsr oF-- . . i
CNRISTIAt: W. BENTELE, as Trustee '
$efore me penonWy appeared....-•-•
,..t~ r~.
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,•'~[o me ~lij ~tp6Svn and kno«~n tn mr to he the ~ndrv~dua~ dtacribeA in and u•h~ execnted the foregolnQ instru-
m~ts~•,aJtd.fCfcnowledged betore me that _.-.Ae.... executed the sam~ tor the purposes there?n expressed.
• . ~ ."r: :
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' ' -W~IESS my hand snd offlcial ~eal thu..: --.-3..._.._..day or...._.._...November-------------------- - 1~$4_
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~ ' Notary PuDlic In anA for
Y~ e~~~s?~s e~p;=~s ~a ~~e the County and State Ilforeesld.
My commise~on expirte: %
S sa.
COLJNTY OF -
Before me peraonally apperred
~nd to ms w~ll known aad
knowr? to me to be the----- ................Pre~ldent an~.~------°•._......---.._._... 8~cr~tar~
respectively of _ . • t3~• corpor~tloa
named tn the toregoing instrumant, and known to me to be the tu who as ~uc1~ of~cen ot rdd corponUon.
executed the same; and then and Naro the sald ..._.........•-•----.....-•---...._.................--•-•--..................._...aad th~ sald
_..__._._.._...--•-•----••---•-~4 acknowtd~s bston me that utd
in~trument 1a the tree act nnd decd of corporatlon by them respectlvely e:ecutea u auch offlc~n for th~
purpose~ therein expressed; that t al thereunto attached L th~ corporste ieal Dy tham tn Wce capaclty at-
fiaed; ail under authorlty fn th uly vuted by the Board of Directors ot sald corporatlofs.
WITNE:39 snd aad ot[lcial a~a] Wi...........---------•--•-d~y of..-•-••...__ lP.._._
Notary Publlc In and tor
the C,ounty and Stab Atorwld.
31)° i1(
,l~ ~~V FAG~ ~1Vi1
~ ~,~c ~ ~=-..x. ~ _ ~ .
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