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HomeMy WebLinkAbout0997 . • ~ • ; i ~ , ~ i. 'llut (al In ttt~ ~vtt~t ot anr ~tNN at thla mott~a,~ or dstault on th~ p~rt ot Ut t~tart~~~or, or Ib? te i th~ ~v~nt any ot uid •uma of ~ncn~y h~n~n reh~r~d to ir not promptly ~~4 tully pud w~thln tee day~ atxt ~ ~tt~r th~ ~~m~ ~~ve~~lly becoms du~ and paya0t~, vinthout demind or naace, o~ ~c~ m the ev~nt eac~ and •v~ry , t1~~ atipulat~or.~, a~reementa, eond~t~oM and coveaan4 ot wid prom~sfn~y n.?ie and th~s m~~rt~are, any or efthet, ; ar~ not duly, proMptly and tully perfotrn~d, d~srhar~ed, executecl, etlecteJ, complcted, complicd v?ntl~ and abldb ~ by. thfn. ~n eithe~ or any iuch ~vent. tht aa~J s~~r~tate sum m~~nt~aned ~n s~~d pcom~siory n~te then rema~Nns unpaid, w~th i~tere~t accrved, ~nd sll montys ~ecurtd h.•re0y. shal! becum~ due and pa~•able torthwith, o~ th~rt- ~ atte~, ~t the oplion ot ~taid t?tort~at{ee. ~s fuily and compl~tcly u~! Rlt ot the aaul suni~ oi mon~y w~r~ oripn~lly ` at~pulated to be pa~d an ~uch d~y, anythlns in u~d Qromisso~y eotc, amt or ~n thu mort~r~e to th~ conttary not• ~ withetanding; an4 thereupon o~ therestt~c ~t the opt~~o ot said Morty;aRee. ~~•~tho~t not~ce or demand. ~uit at ° iaw or ~n equity. tAeretotors. or lhertalt~r ne~n. may be proaecuteJ aa ~t all moneys aecured herepy h~d mstund ` prfor to tb ~astitution. ± 7. That tA~ evsat that at th~ Milnnln~ ot or at any tlme pendinR any sult u{son thli moe~t~a~~~ or to toreclose t~ o~ to ntorm It, and/or to •ntorq payment ot any cta~ms hr.reunder, aa~d MartR~t~~ ~~il apply to the court havins iurl~dtctlon th~reot tor tf~s appointrnent ot • Rr~erve~, •ucA cou~t ahal! torthwitl~ appofnt ~ a Recelver ot ~aid moet~aged propsrty ~11 snd •in~tilar. including a~l and s~ngular the rents, Income~ protfta, Wuei and nvenues trom whatever ~ource derlved, ea~•h and every of whuh, ~t being expready undentood, l~ he~eby mortgaged as it ~pecitically sat torth Ettd deicnl.ed ln the ~Cr:~nting and haDendum clause~ hereof, and ~uch Raceiver ah~ll havt all th~ broad Rnd effecti~e tunetinns and rs ~n anr~v~se entruiied by a court Lo a Rec~iver. a»d such sppointmen~ shaii „~~i~ ~y such court as sn admtttcd equlty arid a matter ot ab~ aoluts riaht to ~ald ~tortpgee, and wlthout reterence to t1~e adequacy or ~nadcquacy o[ the vdlue ot tAe prop- ~tty mort~ed or to th~ ~olvency or In.~olv~ncy uf~ yiortgagor and~ar ot the detendants, and that such rsnti, protits, tncome, issues a~d revenuea shMl be ~ppUed by ~uch Rccei~er acco~dln~ to the lfet? ana/or equlty oi sald ~dortsasce iu?d the practlce ot auch ceurt. above descri ' al loans or tuture advances made within tweety yeacs irom dt/e hereot by the mortgagee to said mortgaQors r in title ot aaid mortgagors ot the property hereby conveyed; provided that the totat unpaid balance of t r aecured hereby at any one time shall not exceed the rr~aximum principal amount ot - Dollars (i plus intereat therec~n and any disburseme~ts ma e ee for the pay- IId W1TNE38 WfiERFOF, th~ aatd Horttaros hoa ~xecuted thte mortsa~e under aeal o~ ths day and yeu I~erein fi»t abovt rvrltta~. 8lrned, aealcd and deUvered in the preaence o~ . ~ ..rl~~r~r..~-3.. . ~ GEORGE BRASCHE ._......(.~.c RENE BRASCHE ` STATI~C OF..........~~Q.~~~.A.........._...) ~ M~1RTI.,. } ~ - : courr~r oF--.•--•••--•-•----•...N..---~---........_1 aetore me p.r.onauy app.arsa..........GEQ~~~r....~~.S~~F...s~nd._.REN$E...BRA~CHE.~....his._.~aif~e to me vreU known and known to m~ to he the individust.... described in and who executed ths toregotn~ itutra- men~ and acknowledged beforc me that t.he..~ executed the a~e fnr the purposer thsrein eupr~ased. /j"f~` . WITNESS my hand and ofticfal ~eal thi~...._. _.....dsy ot......._......~ AP.r3:~ 1~..~~ - ' Natary F'ub11c in and tor the County ~nd Ststa Atoresdd. My comtniuion expire~: ~ M] C~ t~rK 1~ 1~,, 1~i1 ~ co o~ . - Betore raonWy appeared ~ ~ an~ ...._.........._.._.........._.._:r._......_... to ms w~ll losow~n ~ad ~ known to me to bs the.....--••-....._ . ..................Pr~aident and._..............._........_..........................._y.........._.---.._... B~c»tar9 reapecilvety ot ........................._....._...._......._........._._...r............._......_..........., th~ corpar~tl~a ~ namd tn tAs forerotns iiutrumtn~ aad known rr~e to bs tho p~r~wtu who Y such otQc~n ot aald cotporr?ti~. ~ ex~cutM the same; aaA then ~d th~rs tM ~afd _.._.__......_................._.._............_._......................_..aad tt~ eUd .~_dfd seltr,o~?i~~ bKors ta~ ttut salQ lnstrument la Ne tree ut and dMd oi utla corpontlon by them ns vely e:ecut~d a~ such oMar~ tor tis~ purpose~ th~refn espreised: that tt~~ ~erl thereunto attac!?ed 1~ th~ oo t~ ~sal by tbam !n )llc~ capaclty af- fixed: W under wthortty In c~.~, au~r ~rrS~d by th~ Board o! Dlreetors of corporsUaa. a?TPNl~,9 my hand aad ~Aclal wt Ws ............._._._.....day ot.......................» ...._....r........», 1l..._._ ~ 1 Natar~? PubUc in and for ~ ' ~1 :49 u~. co+mc~.,+a acoa ~ro~a. ~1s51o Fi~~c a i.:~ ~;~F_ ~ UGI.S :i , ~ ~ST. LUC~E J - ~537 t~E09S5 - w-,: