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81~- ~i1487
<br />(8) In the evens of a default by itartgagor in the perfornEance of
<br />any of its olxligations pursuant to the guarantee secured hereby, or in the
<br />performance of any obligation ir, this 'Mortgage, the "tortgagee shall be en-
<br />titled, at fts sole option and urithotst notice, to der.lare all sums secured by
<br />this 2'ksrtgage to be immediately due and payable and may cotzsmence foreclosure
<br />of this ~4ar[yage by ,judicial praceedint~„ znu', either by itself or by a xe-
<br />ceiuer to be appointed by ttse court thereof, to enter upon and take posses-
<br />sion of the, mart{;aged premises, and t~? collect aad recei.ue the rents, issues
<br />and profits thereof, and apply the same, less costs of operation and callec-
<br />[ion, upon the indebtedness owed by the Company to the Mortgagee; said rents,
<br />issues and profits I3eln{t hereby ~sssigne-d io the ?tortgagee as furt'ser security
<br />for performance of all ebllgations securz.d hereby.
<br />{c}) It is i'airtiu?r as;rerd that in r:tsr~ .sny .suit is begun to fari~-
<br />clase this tzsesrt~age, tlse ~tortga{;ce, *'.ts representatives or assigns, shall at
<br />once he entitled to ttse posses;;ion of said premises, and upott application
<br />therefor, the (;Dort en which such action shall he hrnught or any Judie of
<br />such '"~~rt,ei[lser in terns time <sr vacation, is hereby authorized to appoint
<br />a rlCe-ivt~r t.z t.,k:~ {sos:;~~e:~;i,=n a,f vas;t Isrensise.., „r ~u ,~<>llee~i ttse rent::
<br />therefrom, and tss do and perPorn such ether acts as snag he required by the
<br />order of the (:curt makins, th.. appointztsc~nt; and said 4lortryagar hereby waives
<br />any notice of ::=ucf: apnlic:~tion, snd consents to the appointment of a re-
<br />ceiuer upon thr prndurtion csf ttsis nsortgacc?, without other evidence.
<br />(10; 't`tse iNort(agee shalt be r.ubrogated to csil of the rights,
<br />privileges, pric,ritirs, snd equities of any t.ienhalder whose lien snt~y have
<br />keen disct!ars,s,d "rc:t^ thr prca~eecls ,zf the lo:sn bF• the 4tortga{~ee to the Com-
<br />patsy, or Fsy tizzy t:us:xis hereatt-~r {yaia ter furnished by the ^iartgagee.
<br />isz thi~z instnsrscnt (he -:in};uizr ine?lud~s they {?.local and ttte mascu-
<br />line inc-iuclz=:z the l=emits{.nee atnr} thr nevte.r eszxi this ~inrarument >,hall be binding
<br />upon she snseiR~rsi~;ksed, :cud isi~ i;z~irs, {jrrz,un.s1. re{?rasesst.slive~, ~ucce:;sars and
<br />assigns.
<br />I4 ~I1'tigSS ~IiAE(?t', are Is,~xve turret-unto aset cur tzands thls 24•t.h day of
<br />;~eMet Ilarlftasn
<br />;.5 ;
<br />(nt ti. i.. Z4.Llt.. .i,:,x ,i: ,t'~~1s.I' _ . I.q ~ , ttr.fote nzv.
<br />__ ..
<br />the ttndrrsi~,zse:t, ~ tiutary T`tsbl i:; in assd fos- said County, pzrrsoually rarse~
<br />.. _ .. A1tMet. Iia~,x~tan, .. _ ..
<br />wlt~ zsra octt~t?u._;ilu ~,ztuR:s ±.s r:s4 t ? b. C lset idt~ut icxl {?er5uux whc~sc+ u:inze~t a~ ict
<br />affi~4d tc~ i{er af~,__ lstztrzs;rcnt, -sn,I .ictnz:wladl:ad (hcc zrhz~cutiun nt :;;ii=t
<br />;trsstruetpnt tc~ 1,~ #~ voluntary ae.t and deed,
<br />ul't'gt:S4 m~~ heszsd :snd `7nt:sriasl tiersl th~~ rt:iv :seal vE~ssr Irssk :tl>„v.~
<br />M;'tten.
<br />~tldZ1l1. NIttRY • Eteu d tfikull
<br />*tota r~i~h l is
<br />Fr'
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