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Home My WebLink About0921 3 t S i ~ d. That (a) la th~ even4 ot any bt~acb ot qUs mortsa~ or dafault on the piut ot the Mort~ugor, or (b) ta ths avent any ot ~ald surru of mon~y h~ntn ret~erad to M not pt~omptly and tuUy paid wtthln ien days next af~er th~ aame ~averally becoma du~ and paysble, without demand or not?ce, or ~c) in the event each and every th~ ~tipulatlons. a~reement~, conditlon~ and covenanta o! ~d promuso~y note and this mortgaYe. any or elther, ar~ aot• duly. ptomptly and tully pertor.~n~d. dfachuged. executed. elfecte~. completed, compUed w3th at~ abided by, th~n, in either or any such ~vent, the sai~ aggragate sum mentioned in aa~d prnmissory note thea remainit~ unpaid. with intcrest ucrued. and W moneya ~ecured hrreby, shall become due and payabie forthwith. or thera after. at ths opdon of said Mortg~gee, u tully and completely u it all ot the uid aums of inoney wtre origin~ll~r ~tipul~ted to be paid on such day, anythin~ ia said promtasory note, and!or in f~his mortga~e to Ne contrary not- withatanding; at~d thenupon or Weteaftes st the option of aaid 1?iortgagce, without notice or demand. ~uit at law or in cqWty. th~retolors. or tha»altes be~un, may be prosecuted as ~l all money~ aecured hereby had matured pdor to fb insUtutioa T. That in the event ttut at the be~tnnUU ot or at aar tlme pending any ~wt upoa thb morita~e. or to foreclws it~ or to reform i~ and/or to enforca payment ot aay clai~ru henuadu, iald Mortgsse~ ~hall ~pply to the court havins iurisdlctUouu thereof for tbe appointment of s Receiver. ~uch court ahall forthwltD appoint a Receiver of iaid mort~sged propsrty ~l and ~in6ular. including all and air~ular the rents. lnconnne. prodts. inues and revanua irom whatever wurce derived, each and every ot which. it beln~ expreasty understood, fa hereby mortgaged u!f ipectfically aat forth and deacrit,ed in the granting and habendum clawe~ hereof~ and ~uch Raceiver ahall havs all the broad ar.d etfective funciinns and powero i» anywise entnuted by a court to a Receiver~ and such appointment aha11 De made by such court aa an ~mitted dqWty and ~ matter of ab- ~olut~ ri~ht to said Mortssaee, and without reterencc to the sdequacy or lnadequacy of the value of t!u prop- ~rty mo~ta8ed or to th~ aoivancy or iniolvency of ~sid Hortgagor aad/or ot ths datandaata, and that such renta, Pro~tt~, income. iasue~ and re~•enuas shall be applied Dy auch Recelver ucordin~ to t2~e Uaa and/or equity of aatd ~[ort~agee aad the pruUoe ot such court 8. It is understood and agreed Mt'fhis mortgage is given to secure, in addition to the note or obligation above described any addition ns or future advances made w' ' twenty years irom d ereoi by the mortgagee to eaid mo rs or any succea~or in title o ' mortgagors of the pro hereby convey provided that t a unpaid balance oi the inde ess secured hereby at ne time shall not e ' ' the maxi principal amount of _ . _ . . _ _ _ . . . llars _ plus inter ereon and any disburae made by the mortgagee the pay- me of taxes, levies or insuran n the property encumbe ereby, with interest on suc bursements. IId W1TNS88 WHER~OF, ths sald ]dortaaror has sxecuted thla mortsas~ undsr aeal on tl~s day aad year lurein fir~t aDov~ aritte~ Si~nad, ed and dellvered in the preaence ot: ~ ~ C%~N ~ G ~~~a~.~ EARL OSBY j ~ ANNE K. OSBY s r ~ 6 ~ ~ s~rwTa oF......_...._..EI~QBIDg._.__. ~ ~ ` MARTIN ' COLTNT]t OF..._.._.........._......... Befor~ me p~sronallY ~PPcarad.-........_. _ .............w.._.....__... ..__.__......._...........~.L...~+5~ -.dXlf~.-.:TF.ANNF....IC~...C1SBY*....~11.5~...Li1.f~ to mt vvcll known and known to me to be the individusLS.. described In aad who ~t~ pe f~~ ins instru- au~tt, aad acknowled~ed befon me thatt-.ha..Yexecuted the same !or the purpwes - qTITNE38 m~ haad and offlcW ~eal t.his_......,~r..l._._._.._...dsy oL.._.._.___,~.~.5~.~_..._.~.__.~ 1~...~ ' ~ Notary Public in aad for ~ . the County and State Afonaaid. ' My commiasion expirea: ~ O ~ ' BTATE OF 7 O ns. COUNTY OF.......__....._......_..».._..-••_..._ ° Hefora me personWy+ aPpeared•......__ ~ ~ anb. to au wW Imown aad , ~ known to me to bs the - + t~ad......~..____._.._.._.»..___.........~...~........._.._....._.. S~cretae7 ~ reapecUvely ot tb~ corpor~tlon ~ naaned in the fore~o trua~ua' , be th~ w!w a~ sucb oi!lcer~ o? ~aid corporation. executed the wne; aad th~a .._»........_....._.._.._.._...aad t2~ s~ld _ . l~dte beios~ me t2sat ~aid _ v esecuted ai such o!licen !or t2~ instrument ii the fres ut aad deed of ? ~Lton~ by thean resp~ctl al~ Pui'Po~e~ tberein rxpre.s~ed: that ths ~ea .b sttached fi tbe oorponb ~sal bJ them ia liks capacitr af- fuced: W uadar wWority tn ih~m duly vo,..d by tbe oi Dfrectors oi saia oorpontiosi. •pe my t~ae~ aad o!lidal Nal thii-_..__... ..dyr ot.. 19..~ v.~ OEC 31 P 2: 5 F 1 L t ~ • ~ xow~y pubvc m ane tor t~OG[r? ; tlss Casat7 aad atab Atoresald. ~ S T. L U C i_,~~ ~ I~(y °°raa'~'r1°° n`p~"' ` ~ ~ ! `3Vl~C7a3 ~ i BOOK PaGf ~ i ~ ~ . ~,~.aw ..~v:~,,..._ < -