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HomeMy WebLinkAbout0989 ~ • . . . a Tf~at (a1 Ia th~ or~nt ot any bnacl~ oi thb mort~ap o~ d~tault on the pnrt ot th~ 1?tort~~ o~. or lbl ta ths ~v~nt ~ny at uid ~ums of moe~y Mnir~ nhcrad to b~ not promptiy and lully pald wUhln ~Q dayi nutL •tt~r th~ aama s~verally becom~ du~ and payabl~, without demtnd or not~ce, ot iel io th~ event e~ch and ~v~~y th~ ~t~pul~tions. ,~reemenu, coodttion~ and ~bvenant~ ot aaid pcom~sumy ~ote ~nd th~s martga~e. any or ~Ither, u~ not duty. promptly and lully peKormM. discharged, executed. ef[ected. completed, compl~ed wlth i?nd ~bld~d by, tha?, in either or any such event, tM WJ 1?s~t~sat~ sum mrnti~ned ~n sa~d prom~saory note the~ ~emalNns unpa~d, with iMetett accrued, anci ~p mon~ys ucur~d h~reby~ thall become dua and payable lorthwltb, or ihtra after. ~t the option ot aaid Mortgagee. u tully an4 compi~tely ss i( nll o[ the ss~4 sums ot money wtr~ oHSinall,~? ~tipulated to be pa~~ on *uch day, ~~ythlns ie sa~d p~omftsory note, an4 or In thfs mortg~ge to th~ conteuy not- • withstanding; and thereupon o~ theresit~r at the option ot .a~~d 1?tortfiaRee, ~~Ithout not~ce or d~mand, sult at law or ~n equity, thintofon. or thereatt~e be~uh, m~y be prosecuted w i[ al! moneys secured haroby had maturrd ptloe to Ita in~titutlon. . 7. That in the e~qit that ae tA~ ~inn~as ot or aC any ume pendinR any suit upon thfi mortsat~, os W . torecloas or W r~torm it, wd/or to ~nforc~ paymeat ot any cla~m• h~~eunde~, aaid Mort~ ~ht11 ~pply to the couet hawns ~url~dlctlon thereot tor tt~~ appotntment oi a Rece~vec, such court ah~lt torthwith appaiat • Racelver ot said mortaaged propsrty ap and ainsula~. lncludinq ull and a~nguis~ the rents. Incotne, peotfb, Wuea ~nd revenuea Mom whatevee ~ource de~Ived. each and every ot which, ~t be~n~ expresaly undarstood. ts hereby mo~tgaged as if speciticatty sat torth aifd dearr~ted !r~ the R~ant~ng arfd habendum clAUaes If~rept~ and eueb Recelver ahall h~ve all tM broad ane ettective tunctinn~ snd {~~~u. ra in sn,vwise eet~sted by a couet to ~ Recaiv~r, ~nd such ~ppofntment ~hail be made tiy ~uch couK ss an admittM equlty and • mattee ot ab~ ~otute ri~ht to sald atort~es. ~nd wlthout roference.to th~ adequacy or inadequacy ot the value ot ih~ prop- ttty mort~ed oe to the solvency or fnsalvency ot ~aid lrtortAaRor andior ot the detendufts. and that ruch r~et,s~ prottts, tncome, I~sues a~d re?•enuaa ihall be applied by such Recel~er accordln; to the llan atfd/o~ lqufty ot ~!d Mortsases and the practica ot such cour~ above tiona ~ans or future advances made within twenty yesra irom date hereot by the mortgsgee to aaid mo ~ cce~sor in ti11e ot said mortqagors oi the property hereby conveyed; providecl that the total unpaid balance o ess arcured he~eby at any oee time shall not exceM the maximum principal amounl oi . . . . . Dollsn plus interest therehn and any ~disbursements ma e for the pay- IN WlTI~1S88 WH~RI~OF, tt~. saia xort~or b.s •xe~uteat chis mort~a~~ urtder aeal on the day anA yeu herein ltnt ~bavs wnitt~a Slsned, ~eated and deUve in the eaence ot: _ ? - - . t ~ . . _ NEAL STRUTZENBER . DORIS STRUTZENB G STATS OF........IUWc~......»..........».._.:~ • ~tyN.~ o~, .Webster ~ ' ~.~'eton me p~r~onWy •ppeared.......... NEAL.. STRUTZENBERG...and._DORIS._......_......._._...~,,...~.._ :~'=~';j'~=~~RUTZENBERG,~,. hi.s wife • : f.~Y - . : ~ . '°.'<i~;~"~, ater~c~toaja ~nd krtown to me to Ae the jndividualS.. descrfbed in and who executed th~ toregoin~ iaatev- r. ~r • :q~ , wled~ed betore me that .the.~( exeeuted the same tor the pucposer th~reia ~cp?yas~d. . ~~~`~~ss my n.~a .,,a or~~i~ cnt..~..... .14t~i..a.y ot.. February io.~. ~.f~ ~ = . ~ ! ~ .,..,-V'~~'.~,`~ 1•1 i~'~ ~ . Notary PubUc in ~sd for the County and State Atoreadd ' - : ~ty commlpion expitsi: 9/7/89 ss. ~ CO OP' Bietor~ rtonally appeared.. and ..~...._..a...,. W mi wul ~la~own aad known W m~ to bs We .............Pr~sfaeut and.._..........._.............a..:_t.................._............ !l~r~tar~ respectively of th~ ooeporatloa nam~d in tha toretolnr instrum~at, and lcnown e to be th~ Mnron~ w!a M~ucti ofDc~n ot salQ coepontla~, e:ec~ted the ume; aad then ard Rh~rs th~ sald..........M.. ....................._..................................._...aad tl~ Mid ..,....db ~clcnarrvl~~ bdot~~ au Nat e~ Wtrument ts t2~s tres act and 4Md ot uid eorporatloa b~r LMat ~ sly ea~cuL~d a~ su~h olAeat tor !M purpoae~ thenfn expressed: ' that th~ ~sU tbercunto attacbed is tM oo s~al b~ th~am ia lilu capaclty at- tixed: all tu?des'wthorfty fn tlata dulr ~?wtsd by t1u BoaM ot Dlrecttm of teqoa. - ~ . w~c~s my h.na aan o~n~+~ e..i u~............,~._._._..a~? or ....w......._.._.., i~......_ 8104F 1 xotary Pubuc IA ~B :or t1k nouat~ ~pd stat~ Atorwl4. . F1. ~ - `;~t. ~ ~ . 00?~ r , _ S T. : _ . . . _ . _ ..~.t,...~._...,;,_,.~,~~~~'' - - _ - - ~ F-' - . _ , . ~ , c'",~: