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HomeMy WebLinkAbout0177 f i ~ the r~ort~oeor couenants with tAe ~nortgo~ee that tlle watQog~n? is inde~eoaibly seised of said ~ ~iand in (ee ai~nple; 1Aat the ~ortga~o? has ~ood rigbt and lata(41 authority to conuey said lo~td as a/ore- ` •said; tbat tbe wort~o~or wi1! ~ake s~ecb (u?tlrer ass~uonces to perject t11e (ee aiwple title to •aaid land ia the ~nort~agee as way reosonably be required; tAat tlle mort~a~or here6y jt~lly marrants tJte title k~_ aoid land and will dejend tlre •sawe aaai~st t11e law(ut cioiwa o~ a/l persons wllo~aoeuer, ond tllat said lond .is (ree and clsar or all enct~6ra~cea:. . • : ~~1~1~ ~s~ tkat if said wortgaget sha?1 pay unto said wort`agee t)ie indebtedness ~ euidenced by that certain prowissory? note, o( euea date berewitk, aade by tlre wat~a~~ and payable •b the u~ortga`es i~ tlre principd swN of ~ liins Hundl~sd 3event~y and 00/100 - - - - - - - - - - Dollara fj 970.00 ~ ~ witliout interest aa therein stated, and shall per(orn~, coa~ply initl~ and a6ide 6y eacll ond euery the atipulations, ag~eewenta, conditions a~d couenonts contoined ond set fortA in tbia wo~t~ase and iK tke promissory note secured hereby, then this mort~oge ond tlle estate heieby created alioll ceoae a~d be ~ nul/ atd uoid ~ tAe ~ortgasor h~reby fwthe~ coaena~ts aad apeea to pay prowptly wlren d~e tAs priacipo! and other sw~s or money provided for i~aaid note and tbia wostsage, or either, to p~? aA taxea and assess- - :~ents on •said propert~?; to pdy all casts, charges and expeRSes, including laroysra' ~esa and title seorches; ~reosona6ly i~ec~ared or paid by the woitgagee becouas o( tlle (ailnre o/ the wort`a~or to prou~ptly and i jully co~ply mitA tl~e apee~ents, stipulations, conditions and coveaaitts of said note and this wortgage, roreitlter; to perforw, co~ply witk and abide 6y eocb and euery tke agreewenta, stipalations, conditio~rs ; aad couenaiets ast jortA in said note and this mort~age or sither. In tl~e euent the ~ort~or ~ails to pay iohen due ony tax, ossess~ent or other srr~ o( u~onej? paj%ab~'e 6y virtue of •aaid aote oAd this wortgage, or either, tke mottgo~ee ~way pay ~he sa~ae, roithaut maiuing or a~fectirag the optioa to ~orecloae or a~y other right herew~der. - ~ a~y sw~ o~ pe~ney herein refeaed to be not pron~ptly paid mithin thi~ty f30/ days next ofter t6e sos~e 6eco~ues drre, or i~ eacb and every tlae agreepents, stipulations, conditions and coveAants oj said note cnd tbis mortgage, or eitAer, ore not fully per~onued, complied with and abided by, then the entire sruR medtioned in said note.and this mortgage or tlte entire balaiece vRpaid thereon, aball (ortiuoith or therea~ter, at the option o( the mortgagee, 6ecoaie~and be due o~d payable, anything in said note or he~ein to tAe conbaty aotsottbstan~iag: Failure by tlke u~ortgagee to exercise aM? o~ tlke rights o~ op- tions_ herein provided slall not constitute a roaiuer of any rigkts or options under said note or thss ( nwrtgage ac~i~eed or therea/ter accruing. ' ~D~~ the said inortgago~ Aas hereunto signed and sealed these presents the day ond year first above wiitten. ~Signed, Sealed and Deliuered in the presence of: _ ~ - ~ ' ' a ~ ~ ` Wit ss J S• Shvpshe~r ~ J~~ _ ~ ~ ~ a~ ~ ST: L-t1C1E C UNTY~~(~ ' ~ ~ REC4R0 -VERIFIEp STATE O F' Kichigan . , 15 ~ in~~ J ss. ' ~iLA:7`'`r`'`C ~COUNTY OF ~1 ~AN S PM 3: Os I HEREBY CEftTIFY that on this dqy, before me, an otYicer duly authorized in the State aforesaid and in tbe County aforesaid to take acknowledgmente, pereonelly appeared CLERK '~OITRAS ~ CIRCUIT COURT Jacob S. Shopahear to me known to be the person described in aad who esecuted the foregoing instrument aad hatro acknowledged before me that he executed the eame. ~ ~ ~ WITNE33 my hand and official aeal in the County and 3tate last aforeeaid the~_d~y of , ; ~ Ds¢ember , A.D. 19~. ~ ' ~ ~ , N Pu lic i , - ;'4: ~~fi0d~'', • i ~ My Commiaeion E:piree: ? -i \'l• ~'J? ~-l.~~ •y~~i V ~ ; . 218t _ day of ~ovember , A.D. 19 6? . (PLEASE PLACE.S~lIJ~~ ~~R1~1';~_: ; . i _ - . . - i~,.~. - : . . . : . IGIT t10HIKAISS~ON IXPIRES 11-Zi-67 . `r"`~'~ ~ ~ ~ -~L . i R 1 _ ~164~ ~ ' ~ _ _ - . _ ~ _ _ ~ ~