HomeMy WebLinkAbout0985 A. Tlu~t (a1 la th~ ~vsqt o! any b»acA ot thb r.vottsar~ or d~tault on tbe pnrt ot the I?fortsasor, or Ib) W
lhs ~vent ~ny ot ~ald ~uma ot mon~y bu~tn ret~rred to be not promptly u?d tully pafd withtn ten day~ next '
~tl~e th~ same scvertlly becom~ du~ and payapi~, v?ithout demand ar not~ce, ur tc) in th~ ev~nt each a~d evsry
the atipulaUons. ~reement~, condltions and rovenanb of uud prom~uo~y note and tht~ mortga~e, any or etther, '
ar~ tuot duly, pmmptly and tully peKo~m~d. dfach~rged~ executed. ~ttected, complated. compUed wfth and ablded
6y, then, in eithe~ or e.~y ruch evant, the aai~ aggragate aum mentioncd ln su,d prom~uory note then remainln~
unpaid, with intereat acerued. and all momya iecured hrreby, ~hall become due snd payable forthwith. or the~a
atter, at the optlon ot said Mc+rt6agee, p iully and compietety u ft ail oS lhe sald ~uma ot money wero ortgin~lly
~tlpulated to M pald on ~uch dsy. snything In seid promisao~y ~ote, snd~or ln tAts morigage to the cont~ary not•
witAeta~dlns; and thercuhon or thenatter st the option ot aald Mort~agee, without notice or demand~ ~uit at
taw or ta equlty. theretotors. or thsreatter berun, may be prosecuted as it a!I moneya aecured henby lud matured
prior to ita fastftution.
7, 9'hat 1n the erent that at ths De`tnt?lna oi or at any time pending any sult upo~ thta mori6ass~ or W
loreclore it, or to reform It~ and/or to anforca payment o! nny clRim~ hereundes. uld Mort~a6ea ahail a 1
to the court t~: +rins iuriadlcilon thereof tor the appointment ol a Recelver. tuch conrt shall forthwlth appolA~
a Recelver of ratd mortgaged property all and ~ingular~ including all and singular the tent,, tr~come, prorita, ~
i~tues ~nd nvanues irom whRtever ~ource dertved. each end every of wAtch, ft being acpna~ly under~tood. ia ;
hereby mortgaged ss If specltically ~et forth and deac~ited In the granting and habendum cUsuaea nereof, and
~ueA Receiver shW have W the Dtosd and eftect~ve-functinna and powera In anywfte l~t~vated by ~ court ~
to a Recaiv~r, actd auch appolnUnent ~hal! be msde by iuch eourt as an admltted equfty anA ~ mattes ot ab-
~oluU riaht to sald Mort~e~, ar~d without refereace to the adequacy oe inadequacy of the value o! ths pmp- I
~rty mort~s~ed or to the aoIvency or insolvency ot aald Mort~ago~ and/or ot ths detendanb, and that such ~
»nt~, pw~it% tncome, Iseues and revenues shW be appUed by such Recelver according to the llen ~d/os eqWty
of aatd Hortsa~ee and the practlce ot such cour~
8.
above descr' any add' ' 1 loans or future a s made withi ~ nty yeara from date h i by the
mortga to ~aid gagors or eny su in title oi said gaqors of the property y conveyed;
pro ' ed that t otai unpaid balan the indebtedness ured hereby 3t any one t shali not exc
the maxim prencipal amount . _ _ _ . _ . _ . . _ . _ lars
(i s intereat the d any diaburaementa mad the mortgagee the pay-
ts.
lN W1TN~38 W~i~RFOF, the sald Hott~or has executed thti mort~sae under seal on the dsy and yeu
henin tir~t aDov~ writtea.
, 8laned. ed and delivered in the preaence of:
~ ~ o~
- - ~ ~
i
'87 AFiR -3 Ai 1 ~39
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16502 ~ , . ~
STAT'~ OF..........F.1~1C~d..»......_... OU ~~qs a' n~ r~
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covrr~ oF..._.I~a~-t.,ir~ " S~ ~~C~~ COU; ~ - ~
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Befor~ me perwnWy appsarsd..._......_.........._»_ .............._..........r..._..._._._......
- .._.........._...Ri.chax.ci..-Shar-~aE~~d~•a~-••~tas~emary---3i~arrard._
to me well known and known to me to be the individual.... deacribed ln and who executed ths fangoin~ inetru-
ment, and acknowlcdged befon me that ....he.... executed the ume tor the purpose~ therein espress~0: ,
_ WTI'NESS my hand snd offlcf~l ~eal thls~..... ....._...day oi......_...~r~~.» lo_~
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- Notary Publlc ta aad tor
the Couaty and State AforesaW.
. My commission expire~: ~
oF ~ 7 ;
: COUNTY OF ~ . t .
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Before me personWy appetted 1
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" aab W m~ wsll k~nown md
~
= ._.......Prsddent aa~_.. $ecrs
' known to me to as ihe tar~
respecdvely of tb~ oorporaqoa
nam~d ii? th oreroias ttsittuutaa~ a be ih~ perwtu w?ho a~ filars o! aald cotporatfoa.
ex~cu tbs wne; and then auQ tb ...............»........_...............aad tbs nid
- . aslcaon~?lledre Mfor~ m~ ~aid
iiutrument ts ths iree aet deed b~ them vely a~cecnted a~ +ue2? oM for tl~s
purpoae~ th~nW exP ~ th~t th ?tiacAed tha vorporsi~ aeal b~ thuA !n capaclty at-
tlxed: W undsr auth y!e thaa d 3oud Dfrectors o! sald oorpontloa.
wlTrrSSS my hu,a aaa oiffciai ~.at chls. ._.,day ad......._.._ .....r....~.. 1~.._.._
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NOLuj? P11 . iflQ ZOi
L~{i C7d~iII~ StiLA AtOJ'~WG-
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