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HomeMy WebLinkAbout1617 ~ ~ ~ ~`3~(lf; ~ Sc.c~ of souch c.rouo. Ina~.e~o. ~ Couoty of~~~~~ ` l r. j~ Polic7r No. 7~ g s O Y, / co~~w~awT ~MLI[o Y -~s7~ ' Loaa Na Borro~rec B. Date Lendee (I.itenses) Date o[ I.oae ~ S i~~.~ ~«.n • 3~ . i .~r ~3 - Cash To ~""•O"~ A e~i t.it~ T~u~ Prop~rty lnsurance 6yo Amount 6~`' ectioa Total l.ife Mu~thly In.uranee l.i(e and Ipj~j~j (7~, p~« BOROM![ (ns_ Itenelit Pmmium ~~remium ~,~n~ SIIIJ~IC IhLl1'P~f ~a~ Of IAiD NOt! sz0o) t t C , ~ ~ N,,~ ~ ~ ~ ~-oQ 3 09 ~ i co ~ Policy Ternu Months ofO ~.«e L• ~P~rcc a' - Note 'Re2paymcnt Sched OC ~ P.ymaw @ Second &ncficiary: O /CAA/~r , ~ NOTE °Q~ ` ~ Fdt V~lue Received. Ii~fe promi~e to pay to the ordrr of the above nemed Licensee, hereinafter 6eQinning and re{erred to as "Lender". a~ its office. thc iadebtcSneas d-scril+ed in the schedule herrin, w~th interest therr continuin~ on the same day of each on aEccr m~turity at the rate of 6°.'o per annum unul tnis ~id~•bctdness is Eully paid. In the event th~t this noce ~s piaced in the i~ands of an at[orney for cullece~un, Ii\C%e agree to pay all cous oE collection in- ~~~~~n~fttr until paid. ciud~ng a reasonable attorney's fea I/We a:w promi e tu pay a late or delinquent charge of Sc for ('~•o:suut if not used each fuil $1.00 of any ~~stallment which is not pa~d Mich~n S days from the due date thereof, pro~~ided for reftnaneing enat this !aze or delinquent charge shali not be coilecced more than once for the same default. This noce ~ndudes all char~es contricte3 !or in ehe xhedule herein_ Ie ~s .~3reed chac in ehe eve~.t of default in LOA\ ~'OUCHER one or. more inata~lment>, tE~e hu!der hereuf may deci~ce ri~e cemii:t~ng unpaid b~lance due and payable = ac oncq e:ce tin rcfun3s as r uired b law, w[hout nuti:e, demanJ, or rotest, all of which are t=- Ca+h Ad~•anca P 8 N Y ! P yressiy wa~ced, provided that in the evcnt of p~epaymcnt uf th~s no:c the borrower is entitled to all Inwrancc Refund ~ rei~nds prescribed by lar. - - ~ Inicial Charge Ref. ~ Installmcnt ChR. Rcf. , ' ~ Ii\SURANCE AUTHORIZATION - Inccrnt Rcfund 1-V~'c hrreby agrte tu turnish the n~mal Fint B:nctieian~, herti~after reftrred to a~ "1-rnder", in cunne~twn ~A) TOTAL F ,~tn m~~ notr an~~oi- mor[Ka~e tu vid IrnJcr, a c~lid p - • _ . • ,t Ici,; e~~uil to ~ f . _i •~muunc nf my nut~ and/or m~.rtgagr. L~id p.,lic~ fur ~he lkduetions: .~ccnt of the paymr~ eallyd for undtr m~~ nutc and; ur j: r`- 1. - ~rrd. in original" aAfcunts at Iract tyuil co thc amuunt ;,O E~~j'~ n d Q _ ~~.;II furic for not;~rd than thr ~m..unt uwing [c. thc I.cnc Kt"has 2• • 20 iKeu madr: s.~id imuranic puli:ic~, to tht tatrnt of mr int :esc of j,yte Charbes - ~;I r I cnJcr or acsigni. Such incunnce pulecics ~rr co bc ~ 'Y (a~~ - - - ;r~r.~a.tion. in e~{+anies acccpeable to t6e l.ender. Shuul • • ~ ~icies at Present Balanct - i~me, the Lender is hcrcby authori~cd to purchau _ ~ ts duly (g) TOTAL UEDUCTIONS 6 n::h~~ri~rd to Jo .b iness in this State, inwnnce {+c.licies ai:: " xhnlule ~ _ CASH BALANGE (A) - (B) n n. ~ v~ . w Si.S?~ I he Ncneficiar~- unde~ siid poliey or policies sh~ll be the I.ender, to the ezunt of m~' in~Itbtnlntss 1 ma} o~re at the time uf a claim due me under the {wlicy or ,'•.n•+, with the b~l~nce, if any, pay~able u. any rclati~'r b?- bl~ or cunnection h)~ marrugc ~'ho ippcars to the inwnnic .umpam• to be entided thercto, or to m~- ~ uec as respecis any death bencfie, ~nd to myulf as re+pects any disabilit~ beneties. The Lcnder is authonrcd co deJuce from the proceeds of m~ note w~hich 1 ha~~e 1i~en to ihem, the amcunt of the prrmiums for such insunncc .orenaes ~nd brnrfies and pay ume to ehe insuring cwnpany or compinies_ I HGREBY ACKNO~tfLEDGG RECGiPT OF AL~ INSUItAN.^_E POLICTES ISSUED AND DECi.ARE THAT THE LENDER HAS 1~1ADE CLFAR TO T1E THE CONDITIONS. PROVISIONS, LIMITATIONS AND EXCEPTIONS AS ~ESPECI'S IPiSURANCE PROTEGTION APID Ii.AS I~OT TiADE (:O~IPULSORI "I~HE PURCFIA5E OF AI~Y INSURA[~7CE BY ME FROM THEbf. CHATTEL MORTGAGE l~OW, THEREFORE, I/\~'e, in order to secure the indebtedness described herein, do hereby granc, bargain and sell unto ihe Mortgaget. iu successors and aasigns the follor+ing described propertY: (IF I~IONF~-WRIT'E "NON6").This is a first lien. 1 19 SZ \1odc1 DOd~ E..~ Auct~mob~lr Scrial ~ 31~~~1 1lotor # - 1 platfors chai= , 5 bro ~ oat chaiss, 1 bosya da~wpo~rt, 1 floot la¦p, 3 br~a ~ad tsblrsa ~ - sf ~tat~~c; ts, , tt t, t! , i ~a !P a~. s , s s ~ - . s • . s . t ~ - s s s s ~ _ _ 1 .~~sal aacb+ss, 1 •.~-a T~1 'r~ ~f~ s-?i56~2 sostab3~ ~it,~. ~ ~ - To haee and to hold aaid property uneo the moregagee, ies succes~on and assigns forevrr. Pro~ided ne~-crthciess. tha~ if tlie said mortga~;or shall pay to ~he mongagee the sum above mcntioned, r+hen due, then t6is moctgage to be coid. ~ .~:i:erwise to remain in full fo~ce and effect. AnJ provided Eureher, that said mortgagor shail retain posussiun of said mortgaged property until ~ ~~;au4 be made in the payment of ssid note, but if ehe same is not paid in accordance aith t6e terms of said nore, or if the said mortgagor shall .ac<<rt,pe co make way with or ~emove said property irom the place ~+here it now is, without the written consent of the mortgagte, ehen in either e~ enc, the sa~d mortgagee, its successors and/or auigns aad/or its agmt, sh~ll have the right, without :uit or process, to take possesaion of tht said f~roperry, wherever it may be found, and sell c:~e same at private sale xithout notice or at public sale after first giving fice days notiu at three r; Fu6'~. p1-~ces. Such sale may be made upon such terms and in such manner as the morcg~gee may ~•dettrmine; and the moregagee may bid the ro crc in at an sale thereof. The rocaeds of said sale shall be a Led first to ehe dischar e o8 the said deb~, inctudin interest, late char es, ~ F~ F' Y Y P PP ~ B S 8 ,crorney's fees other e:penses, Mith the surplus, if any, to said mortsagor or his (their) assigns. N[:S r hand(s) a d swl(s) this day and year firsc abo~~e ~?ritten. ~f W:ma, @YL wi S/L~s~al) . ~ . ' " Witnesf (Se~ll ~,;Rt ~ ~ ~ COPY FOR HOME OFfICE 414 ~ : - - _ . _ . : ~ ~~.~~,~~:a