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HomeMy WebLinkAbout1159 • To p~aee and cont~nuo.:+iv kcep on rhe bu~:d~ngs ~~aw on c~~eaher s;r,,a+e o~ sa~d ~end and on at~ cq.:~p:~em •~d pe~wna;!y ce~ered by e~is rno~?y~ sQ1. with •H pr~nu~m~ thtreon pa•C ~n fuli, ive ~nsv~ante in the usw~ uonya:.9 p. ~ty 4o:m. in a i.,~+ a~;pro.cd D~ the MUR:~•avEE. ar~ ywnds~wm inwr~nie in Ihr vs~•at ua~xla.d N:~:y T~rm, ~n a avm a;pr.vcd by +tie AAJR1GAGft, in w.A ca~+~nany ar c~'~+,+~n~s as +!x M~RivAGEE may dinet: ~nd sU fire and vv,nda+orm ~nx~*a~ce pol~aes on •ny of se~d bu~~d.nps, any ~~.fr.~sT ~he~e,n ur ~are thcre~f, ~n the agg~e,~~+e avm ~fwesud w in ~:cess thereoi, s'ull :ont~in ~!~e ~s~al s~a.~dard m~rtg~ee c ~use o~ a~cn o~hc+ c~~use a ~he Abr~~~ce ma~ requ.r~, me?~ng the ~oss u~xie+ serd po~i- c~et, eath •nd every, paya:~'e to sa~d NJRiG4GEE as :ts uv~rrs~ maY a~ear, a*ci eatF. end e~e-y tu:h pJ i Y st•e~~ ~ pron:pt=y as: gna~d ~~~d dNive~ed ro any ha'u.' by sa~~ ~.O[::,:;vEE os `:h,: s:.u: r~ sa:.-~. ^.e-tg~~r ~r~•e npe !es~ r~sn ier s.: de.~ ad.an:e ot the ei.~~ret~on o} esch pol~ey. lo dt liwr to said MC7RTGAC+fE a rrn~vcal t~ereof, tcyether w~th • recr~;t Fo+ 1hc ptem~~m ol such re~rwa, a~~ ~here sha:~ !~e n. t.re or w~~duo~m insurancs ; plsced oa •ny of u~d b~~!d~~gs. •~y ~nrerest therein cx ps~r ~herc~i, ess in ihe form a~d w~~~ the ~ass patiab'e as a'.a•esa~d: and in the eve~1 any cum j of inoney becanet paYab~e u~r s.~ch pol,cy a pol~aos sa~d MJlt1GAGff ah.*I! ha.e ~he ope.on fo +eca~ve and a, ~.'y ~he sa~:,e un at:o.~:~t of tAe indebred- ness secured hereby or ta perm~t sa~d MARTGAGORS ~o rete~~e a~d use it o~ any o.~~r en~rraf r~~~ er,,.•. :.u~, cses. ~~..•:..t ih~•.,:. or ~~.,pa~*. ~np any equ~?y, ~~en a rv~ht un~r or by vu~uc of ~h~s mo-~gaye; a~d ~?~e eve~~ sa d MJR't3AvORS sha? ?o• any rcason~fail to krcp the fs~d p~emisrs so insured. o? lail 1o de7~rer prom~tly any of sa~d Fa:IK~es of mw~an:e to sa d MORTGAGlE, or r~i' pvmpriy io pay tu~ly eny ~:r«~~~m thcrefor Or in a~y re~pect t~il ~o pe~fo.m, d~ufur3e, execute. effea. con+p~cte. comply wnh •nd sti~de by tn9s covcnaot or any pa:~ hereof, sa~d MORiGAGEE may p~+ce a~d pay for such i~uursnce Ot ~ny part thereof w~tlw~rt waiw:~ or affectinp any op~~o~: licn. rq:,.Ty. w~~~M u+.de+ a t+y v~*t„e ot this Matgage, and the iu fuU amou~r of euh a~d e.K~ such paymero shst! be .mmed~atety d~e ard payab+e a:~d s~s:! b~ar ~:,ecresr hom fF~e dafe tncreoi un~d pa~d a~ the rate oi n~ne per cenrum per ahnun'~ and ~o~rthc~ v.i'h su:h inte~ess she~. be sr:~red by the I~en of th~s mo~tgage. 4. To pe+m:l, mmmit ar sufter no was~e, impairment or dcrrriorat~on ot sa~d p~opcYry w any part thare.f. S. To pay ati antl sing~~~r rhe cesK. charyes and etineases, ~n;s~d.•,g ~ reas.~nab!e a~~or~r~'s fee a-.~ maes ef ats~rrcrs af trt'e, incurr~d or pa~d s! eny ti~r.e by w.d A~~JRTvAG:E. beca~se er ~n ihe evero o~ mc ia~wre on ~he ,an o! she sa~d MJRTG.~GJR m d~•y, p~o>>~ri~ ar+d fy.~y perform, d~schar9e. =Yrcu~e, effect, complet~. cc~~ :y w.th a:~d ab.de by ea:n a~.d e.e*y fhe s•~u., o~~c~is ag:r~•.,~c~„s. [o~~d~nons. and cc.c a~rs oi sa~d p:o^~.ssa~ry not! a~d ~hl~ nongage any or enFMr, a~~ sa~d costa, chargcs a•~d ex~tirurs. each a~d e.a•~ snaii be ~•-~.d~a+:!~ d~e and Fayr.:'•e; ~nhc+~er or no` thc~e be no*~te da mand. actem~~ ro co~~e:r or su;* pe~~d ~g, and ~hz iV~: dm. J'~: Ji ea.~ s~,3 ever. su:~ , t. ~~en~ s'~~i' b:•a• ~.~•_~•.~sr from ~he da+r thr.ivf ~roil pald 1he •atr o~ n.ne :xt :cn~,•r ~~er an ~.;+i .:~u. a~ sa.:i tos:s d~a~oes a•ia ~x.•c~>_~i ~nt:~:rc~ or poid. tog<u~r• N,.•h s.~:h rnr:rst. she~l be sitiured by tAe i~en of th~a rnort~aQe. b. That (a? in fhe eveM of a~y brruh of t~is M~rtgage ~r de:a~tr o~, eir pa~r o' "~e A'JiTv~G~R, or ,t~~ ~n ~l~e eveM any c~ sa'd sums of mcv~ey herein referrtd to be not p•on,},t'~ and •..!y pa~d w•a~.~^. +h.+. 3l :i~:s n~R• a_• r~c s.~..r sc;e•o ..ric.,r d.~e end ~dyJL~C. Nf1I1JU~ de.mand or notKe. or in the event each and eve.y ine st~fv~at~ons, ap~eemen~s o.~d•:~o~~s a~ci :ovenanrs o' sa ci ; o•~~~ss.~ ~ no•e and ena mo:tga~e a~y or e~tlur are not juiy, prompriy an~ fui~y ~.to~mcd. o acr~.g_~c exrc~+rd. e:te:red. .ana:e+rd. :o~-iv.:cd v.,Th an~ ar.~. :.,e `ti. !hen ~n e~ther a~y su:h eveM 1he ~a~d a9- ?+egat! wm menno»ec :ad p.'Cm+siorl n:,'e then rema~n~~+~ u:zpe~d wrth u~.~cre;' a::~.~rd, e~~o a.. r.wna•~s x.'~:ed he:e:~y, st~'i b.:come due and pa?r eo~e forthwith. or therra`tr, at thc ec•~a~ o' sa~d A~J~21~a%-uc~- as t~„+v and romY~c+r:r as a~i o+ v~~ a::~+ s.,~ns o{ n•oney were o-~g~~aily N~pu:ated tc !x pa.d on s~ch at~ an~tn~np in ~~c :-o.,.ssor~ note or ~n th~s Mo~tgage to 1hr co•,*•er~ no~..ehst,~~,d .a e^~ r!.~re~[wn or tnereatter at the opLOn of sa~d MORTGAGfE. ~n.rn.ut nc•~ce o: de~nand. s~a ar !aw or ea••~ty, tne~efore o• te~r:ra'~e• t~a~n: may t-e prou:~~ed as if a!t moneys secured h~veby hdC~ 1TDlutlC~ P::CN iC ,T5 ~"St~tu!~On. 7. :ha* ir. the e.enr r~.a• a• the ~e~.nn rig c' x a~ any ~:•~e pend;•~~ a~s sc ' un: ~~~n '.~o•'aaae o• 'se;'ose i!. or To rc~o~m it, w to enfwee FzYmtllt of any . ~.•-s he•e.::~oer sa~d A3JR?v4~ :i sna': c:p~~ r~ rti~~ . ~~a. ~-q , . i.-. nr :.:~~r~~'.e~~f oi a Re:r,ver. s~cl, Coun shail ro•thwirh apr...~r a+ xr .e' o' s: ~C ~ o-;~agrd ~rox••~ e,ya.,~ s~~y-:ra•. ~.:>od n~:, s~, _ a• ••e ~-cc..'e :'S ~SSOfS a~d rever.ues trom whetever i~~J'CE ~it~Yl~ P3:~ a^~ !vC'y O~ w'+.:~. ik`.~~C 2\..•l'S5~?~ .~~~~C''S'J..7 ~S '~c':•V? ^~"~-!;::•C .'.3 ' S':P:.i,:.1 ~ Sc•''!J'1F~. 3^P Ci`SC'ib2f~ 1!1 t~l! 9fdf)tl/19 D~ habend~m c:a.•ses r.c••,o', a-~o SUC~~ R2GN~tP' 1~~d~ hawc- asi +he v•.-.~~ ~~a r-•<<• ~e _ s ar~.~.., ~~^.I~~~ytra b~ r C:•_•r !o a Re:r~ver, and s,:F appain~mens s-.a re nede Qti sw' Cc~•t as an ea u•r~~~ ..:a ~ c~a~re• .rey 'q••, r: a.-,: h•.~~w'~~.LEE. 6nd ~nrtn~,;r referenee ro tbe adeqoecv w~naa~~:~t~:~ t~e va';~ o' 'hr .•o:~r.•y m~•~a+3rc`o. .•~~e a: :r~cv o• ..._~c~ c` sa~d r1.:iii~JM'.`L~R o~ n,e dei,;,dams, and that suth ~e~+s pra,r: ~nco.,.~ +u~es a~~ re.>..uri sha~ re aeF~.,ed r~ s~r' 2rcr~ve~ eCLY:1. ~3 !C !t~E :~f-r, o~ ey. ,ry c+ sa d!~1JRTG:aGFE o~,a ~he pract~ce of sueh Caun. 8. To d.~~v p•o•nn•'.~ any fui,~. dst!urge :¦e:u+e. ei•e:• :o-•,;,,,te. co°.:;:y vr~•h a~~d ab:dr ea:fi and eve^y the s:i~+u;ations, agreements. co~d~•~oM an.: :ov~na~,,y ;r s:••o aro ~~:s,:.-v note and tn s m~•e~aye s~, +p.•^ 9 Tna! :o !ti^ ew~• rhe ow-~e•sr.;; o! ~he ~~•T~~~ed pre^~.s•~s o- a~~ pa•t tr,e•e.( b^:anes veste~ in a ne•san cther tfian the M(JRIGAGOR, 1F+e At'~R?Gavff. rS 3.i::iSSJ:S ~~•d ass:~-n, may, w~rh~~* nc•~,e io ^~e ':tl"w'v~OR ~(d~ K~!'1 s::h s~:cesso~ o~ s.;ccesso• ~nteres! wah re~erer+ce fo ~h~s mo-t9age an~ enc a-c' '~e•e_ se:~rec ~n tne same n,a~ne• as woc r.L.v~,~o• v. ~h~u• a•,y q v~~ at~-~g a• d s;na•c~~~ the IAo.t3ogors" liabitity he~t u-;~e• or u~~ c~ s.:.~~e~ Nc sae o~ tne c•r~.:s~s ~_~re. .e•+:;:,gre+ e-d ~c te•c:ea o~~ce o- tnr ~art a~ tnr ?~ORT~~:,EE or its svccessors o• asseaRS and ca-e~ s:~-~ a• thc ':^,e `•o• tne payme^r o• r~c ae~• h<~•.; , se..:•ec o~ven by rnt MJr2~Gh~;~ o~ rts succeuws or au:gns, ».a? operate 1 ro re~eax. ds:Ra•ge, mod,ry cna•~~r or erfect ttie o~~~~n:; ~~a~ .sy o• tne b',;>f':+AGJR he•e~n, e~ther m wt~o~e or in part. ' ~ !0- It is sne: ~i.o~~y ag+ced that tirne is of the essen:e oj *~~:s co-~'•ac• a~d ri,at nc wa~ver of a~y o_"gaT~an hereunder or of ihe obligation fe- cu*ed htreby s~ai a• an, :~~e thereatier be hr~d tc be e M'd~~@T of the ~r.^u t.erec~ or of the cuvument se:u~eo herby. 11 in =~a ;~tie 're~c , ^,o-•^.'~ c:~ym~nrs of and ~~.•_~.es• rea.,,•e~ ry ihe pro~,-. ssc,. s_,.,-rd i~c"e~~. rROrt9a~~r eovenants and ag~ees to ~a~ T~ r:~-+3a~°e r.~tA eac`. montn•y ;.a,r r~' a" ~d~ :~a~ai s~^~ rs• ^ atco b~ mo-?ga~e° ~o Ue e.;.,a +o ~ ~2 ot t:iz ann„a! :ost of the foUow- ~ A-i:l. rea. p+oac':~ fa,,;• ~e~nr~ o- assess~o a3ai-~.s' 7_ o.._ve tlesr~t.-~ ~~:a~ es~~rt•- - , g_ F•~~ e o- ~-r a-~~ .n~.~-~s~~-^~ ,rs:ra~_e e: ~r:~.,r •,q,.,ed tc 5~ :a•-~c.o c.~ •~~e .,~~•oveme-~~s s~•~a~e on the ab;vc drsc~:~d p~emites. C_p•e.. * s o- _a~e g.:a-an•.. ~--s.,•a :_e as ^ ~-ra.~~ee sr a r~-,e c.nc ~•.~rr, fi• te car*) on r..P ioan s^:u•ed hereby. 1No.taaxe s~.- .•,:e nc^~. mc•~;.o3r ..•.t,n_ o' t~,e d.e dnd Cayab!e he•e~ndr and s~:?: s~-r. s*~a;; th~reupon be due and _..ab~e o~ '•~e ^o-r... F•_r•-~~ a-,d'ee:n s.,c:easl.r ^o-•ti 'ne-raf+:,. u:,t:! rtqrtya~fE sha'; no•4~ ma •yagor cf a change in such j~• ~~m. 5~:~ s::~ z s - : e a... ~rd :•y ~.orr~;_:-e ic.~.a-o ri~ Na:me~t e~ •ra. p~: perr•, taaes ~RSJ%dICE prem.~ms, a~Q matgage g~a-anty insur~nce j :~~emeums. i kN Y!i?~~1:::; l:n=%:~ %~r~~ sa~3 MO~tT~~'vOic nas hrreu^.to se! his har,d and sea: ~he dar and Ye f~rs~ aforesa~d. ~ aled a•~a '•x~ in tfi p~esen:e of: ~ _ i Gl,u~.P~-ti.- n ' Wi ss Lav rn L. ~'a ner ~ - fllE~ AM? pEC~ROE~ •n ~ ~z.-s ~,~~~z ~ ~~UMTY FLA. c~x[ 7~(.1~1~!cs--n ~ ST.LUC E ~p!TR~S Wi ess RoCc= Geraldine C. aagner ~Q,~ ' - CtfRK C~;~UIT COURT ~ ~ ~ cri~ar. pfCp:.~ vE~ F!ED ~ o~ ~c ~ s : ~u~nr oc ~xi~R3c9t Genesee ~ji ~ ~ ~~~r Be~W! m! petsOnA.iy a,pCare~ ~t' a L~ ~v ~r,er ~nd ^~e:~.dine F.'a~ner h~s wite. ~o me wet! known and knoxn to me fo be ine i~d:vdwis dexr+bed in and wno exec~~ed the fwegoing msirum~ent, and aci.now:edged before me thtt they exec.;ted the same for the purposes rix~ein exp*essed. And thc ~~d_ C,eraldiZl° ~.~i. ~''d~~T ~ «sfe of the sa~d _ _ _ ~2T?1 . r.agner - - e separate ~c~d priv~te ~ e~am~nation br rne taRen se;a*ase and a~a+t trom her said hus~nd, atknowledged to a~d bc+o.e me ttwt she e~ecu'ted sa~d ~ns~rumeM freely ~nd volun- ~ ta•Ay and wr.tnoo~ a~~y co~:;.u:s~on, to.^.stramt, eppretvns.on, w 1ee: of or from her sa~d husoand. ~ AFr~ A D. 19 7~ ~ N'ITNESS my harwa and cff~c~a' seal th~:_ ~ dsy o4_ 9 / i _ 2 L ~ % ~~~4C~L~~.t~ y ~ T~ • otary P~b!k ~n and fo* the State ~~~t Lsr~e ~ W ` ~ tJ ~1 1 ~ ' 1~1y Co^~rn~ss+on exp~res: ~ U } L 1~.~.;rr.^: i..r- ~r__•;~•.~ ~ - . ~ MARIAN SNIPES F~rst ~ 2 - • ~ _ ~ _ _ I~Iotury Publ::, G=-,esee County, Mich. ~ - fl~ril'71 _ ' o _ ~ 2 4' O V_ My Gomm+ssi~n Expires Sept. 25, 1973 ~ v~-i c' ~:.:,~•~:E~. -~'1 f. _ ~ 3-~ ° w!~'f1AglT OF 110~5 'C IKfAl1~1~[ ri~MAL P.~E~. ~ ~ ~ 9. i i i -i~ _ ~ ~ ~rQ ~S ~ 1~~. i? ~?~?1 !Ir. ~ ~ ~ This Instr~+*~?nt Prepared By i~3. E.: Braun ~R ~~S` ~ ~ First Federai Sa: ~~g~ & Laan Assoc~st,on a 1~at bi DANlEL N. ~MOwIES. 1R ~ o~ =ort P~e-:e ~ FIo~ da ~ LYCIe Cwt~ Tii Cdle~~ll~ ~ ~ Checked 8y ~v - ~j D~ttY Ct~1i~ ~ a~192 115? ~ - ~ 1Jc ' ~ ~ ~ ' r ~ ~ ~ r ~ ~,~-..-4°~ ~~:~'~C~~~„~ , .-.s, '~n~ ~ ~'~rk?~a~:;~y,~ ,