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kriGW ~U .ffltn b!, ltltjt fJn~nh1 That...CU1..J~r.~~.'~. ."Q~..~,k....~.r......_.,.., ,..
· 65' ~. 2nd Str~1t
of ..._,~,'...,P1.erL\..._,.._.........._::..,..,_... ,_.....,..in the County <S't~I.1~1(~Stat~ of ~m
hereinAftt!r ca;.llcd the purty of the fir8~ part, being justly iffdebted unto CITIZE~S I~Dcs'rRtAL
RA-:-;K, of th~ City of Grand Rapids, in the Cour,.y of Kent, and'Stat€ l)f ~lichigiln, hereinafter
called the oarty of the ~econJ part il~ the sum of ..f1f.ui>y..\:wo.~4_~"iS,_l\11J_~~y.~.fJ:Y.ft._~_ [10/100
doliars. ha..e for the purp08e of securing payment of said debt, granted, harj{ained, !'oold and
mortgaged, l:nd by these presents do grant, bargain seli llnd mortgage unto the said Cl'!'IZE~R
I~DLJSTRIAL BAKK its 3Ul'Ce~Ors, or assign!' the followi!1l! good1\. chatteis ai1d rf>rsonal
property, to-wit;
I I
' 'Nf'W or M..~.
~_~~_,_ '1 ~d. N.:n.
lie" I "alooa
I
,
Ty~ of Body
It'!'ruc..l.o I'
St.h TUf'lna... i
2 dr.-- i
!
I tf V.lt'd
i Y..r Model
i
FU~U; 1961 I
Mud.l Let~.r
or ~um~.r
~f'ri.J So.
M.nutaeturlt'r'.
Motor S".
11oo1D
lB1TtJ187.ti!S
together with all additions, repairs, substitutions, or replacements placed thereon, which !aid
above described prol-ert)', at the date hereof, is 8ituate &L...e&'l..lI.,..2w1_.h>.~r..e.t..,..._..........
,,'.-,'....., ...... ......jn the..... .... ..e.l. ~y..... ..... ..,.. ,of......, - - ,...f.tc .t. .'.P1.fU'.(l,I..... ..... ...... C Oll ntYs ~f. KIWo lid
S~ate of ~. and is free and clear irom all liens, conveyances, incumbrances sild levies
what8ceJ'e~,lJft.tror valuable consid"..ation said first party does hereby warrant the ahove
representations to be true:
To Hay.. ~Dd to Hold the .amo Forever, Provided al''\'a:''8, and the conditiona of these pres-
ents is such, that if the said tint party shall payor cause to be p3id to saiCl se~ond party, or
it;; succeS9rs or assigns the rum of,.'l)(,fUl~",""wo__bllndr..r:. ,Jl1n.',ly~t,l,..~..",JU)/19~~...~.. -
~--.~.. -~._~. -~.._~--.~.~,~...~..~...~. _.~...~_, .':..~...~...~.. ~._~_..~...~_ _.~_ __~. _.~ ..~. ..~_..~._.dollars, according
to the conditions of a certain promissory note of e\'en date and coilateral hereunto then this in-
I'trumf'nt and said promissory note shall be void and of no effect. Ann said first party hereby
agrees to pay the same accordingly. But if defa~:it be made in such payment, or in any of the
covenants he.ein contained, then the said second party, itg successors or assi~n8, is hereby
authorized to and shall sell at public or private sale, the personal property hereinbefore men-
tior;ed, or so much thereof as may be necessary to satisfy the said debt, interest and reason-
able expenses, and to retain the same out of the proce,eds of sllch sale; the overplus or residue.
jf any, to belong to Drd be retumed to first parI)'. And the said spcond party, iL~ !'lIccessors or
a,;signs is hereby authorized at any time when it shall deem its>!lf insecure, or if the said
party of the first part shall sell, as.->ign or dispose of, ')r attempt to sell, assign or dispose of
t he whole or any part of the said goods and chattels, or remove or attempt to remove said prr)p-
l'rty from the s::lid. ,.S~... ..LAlC.!....e o..wa.\7. ....... .::., ...' ....:: -. '.".. - _."""" ..',..., _ _. _.... _..'.'. ..,........ ..........
without the written assent of the party of the second part, then and from thcn~eforth it shall
:;nd may be lawful for the said party of the second part, its 3uccessors or a.;signs, or its auther-
ized agent, to enter upon the premises of the suid party of the first part, or any place or places'
where the said goods and chattels, or any pari thereof, may be. aT\d take possession thereof. and
dispose of the same in the manner above specified.
Said first party further covenants and agrees that -h~-wil!, during the continuance of
this mortgRge, keep the property covered by this mortgage insured against loss or damage by
collision, fire and theft, for the benefit of second party.
Said first part)' further covenant-OJ and agrees that, during the continuft,nce of this mort-
..'.age.--he--will promptly pay all per~oni41 tp.xes that may b~ Hssep.ged against him, on this or
auy other personal propeny, withip ten dE?i'~ after said tax become;; a lien IJpGn said property.
~&:id first party further covenants and a~rt'es that --he- will, during the continuance ot
thiG mortga~~, lei>ve the ~:!rt:ficate of title to said propei.ty with secolld party, tl) be held by it,
01' itt; Sl',cce8ilur" or a&.igng, ..8 ~dditkna! security for the pa~'me,jt of 8Rid debt.