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arul shall ~~~orm, n~o~p~y u~ilh and o6ids 6y eocl~ and ei~ery f~~ ag?wrnenfs. stlpu~nlia?it, co~ditiow ond
rnrenanls Ihp~eo(, and oJ Iht: morfgage. then fl~is morfg~8r a.~ Il+e estate her+~by cnwfed, sl~al~ eea:s, dt-
tp~mins aud 6e null and ~~oi~i. ~
~11~I1 !tie morfga~or he~uhy ~urths? c~ov~nants and npre~s to pay promptly wh~n duo Ihs principnl a~d
~nleresl and o'~K sums o~ money provicle~I Jor in satd nole anc~ Itiis n~ortgngs, or eittie?; !o pny a~~ and
singu~a? fhe ta.res, assessmpnls, ~eoies. ~io~?ililies. od~igotions, nncr encu~nbnanc~es o~ si?ery nafure on sait~ pro-
- pcHy: fo permil, rnmmit or suj~e? no waste, impaireen~f or deleriorntion o~ aaid land or the improwmenta
tl~errcn a1 any time• ! Iepr fhe bui ~gs n or herrujt~? on ~a~d L~nd (ully tnsturcl in a su~n oj not Iess
,tiQn ~u~l ~nsura~~e va~ue
tn a rnmpany or rnmpanies a~~rta6le lo the morlgog~. Ihs policy o~ pollcies to be hlid 6y, and poyn6l~
fo, said mwfAaq.~. an~ in fl~e ei~enf ariy sun~ o~ money j?ec~omet ~yo6l~ 6y virtus of sucti insurancs t~e
morf9apPw shall hae~e tl~a riah! to ?eceive and apply 11~e same to the tndebtedness I~ereby secured, aeeountlnA
to fhe morlganw Jor any seup~us: !o pay a~~ cwfs, ctiarpes, and expenses, inc~udE~g ~wyeis fees ane~ fit~e
s~rrl~ps. ~:o?~a6ty ir~curred w paid 6y Ihe morteagee 6ecnuse o~ the jailuro o/ Il~e mo?tgngo~ to prornplly
anc~ ~u~~y rnr~ply' witl~ fhe agrn~menls, stipu~ntions, c~onc~ilions und c~ovenanfs oj saic~ nofe an~ thts mwfgagt.
or pittier: to pe~orm, ~omply wilh and abide 6r eacl~ and every IF~e agreements, sfipu~ations, condilions and
coi~enanls sef jorf~ in said nofe unc~ t~ts morfgage or eittier. /n !tie eveni f~e mo?igagor ~at~s fo pay wtien
due any tax, assessment, insuranc~n premium or ofher sum of money paya6le 6y vi?tue oj said note nnd tl~is
morfgage, or eilher, the mwt~agee may pay ftie same, u~ilhout waiving or a(jecfing the option to lorec~ose
w any other rtgl~f ~p?eunt~er, and oIl sucii paymenls shall benr interest ~wm dnte il~enwJ ae e1~~ h~kp:~ low-
~U~ fQ~P ~~PII a~lOll~~ ~V ~~P ~1U1 OJ ~~P S1d~P O~ F~OR~A.
l` any sum oJ money hprein ?e~emect to be nof proinpl~y paid wilkin thirty day: neart ajter
fhp SQ/1lP tipcomes due, or if eacti nnc~ every ftie agreemenfs, slipu~ations. c~ondiftorts nnc~ c~ovenanls of said
note a.~d Il~is mortgafle, or eitl~er, are nut /ully pes/ormed. eomplied wit6 and ab~d~d 6r, thea tl~e entire
surn inentionecl in soid note, and tl~is mortgag~, or the entire bnlnnce unpnid ll~e?~eon. s1~nll. ~orll~u.ilb or
f~preajter, af l~e opfion of I~e mo?tgagee. hrcome and be due and parable, onrf~ing in said nofe or ~erein
fo fhe confrory notu?ill~stanc~ing. Failur4 by I~e morfgagee fo exerriae any o~ Itie rig~fs or optiont ~erei~
proi~iclec~ sha~~ not c~?ufilute a u~airer o~ any rig~ts or options under said noft or t~is mortgnge accrued o?
f~areajle~ occruiRg. -
~~~i{~ ttie saia mortqngor I~as herrunto signecl and senlecl tl~ese presents Ike
c~oy onc~ yenr ~int ~bot+p wriffen.
Signv~l. sea and dpli~ ` in f1~e, pres ire o(:
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STATE OF R~. Michigan ~
COL~~tTY ()F ;~ayt1B
i HEREBY CERTIFY that oa this daY. before me, an
o(ticer duly authoru~d i~ the State a(oresaid and in the County afor~said to take ackoowkd~ments~ prnonallr appeared
~ Otto G. Rlein and Edna M. Klein, his wife, -
•J ~p p~e ~nown to br th~ {xnon3 described in and who executed the tort4oin~ instrumcnt sad they ackaowkdRed
be{ore me thac theyi:ccuced ehe same.
~W11'tiESS m. hand and official x~l in th~ County and Sutc last aforrsaid ~hu ~th~ d~Y ~
~ June p. 19 71.
_~y ~ .
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i~tQtSly._Pub3~:~...CounEy..oP~~llayne-..... :
(SEAL) My cammission expires :
~ AEC'v~df p
f~LEO ew.
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, _ _ ~ C~E~ v~R4FrtD ~01MT
~ RECORQ
. ~ ~ 2~ 9 ~ ~'il
17ia hwrrmu~rl~~,n~ tiy: 211 ~32
~1~~~art . Sullivan, Esq.
P. o. Bo~ 549 ° R 193 1441
Pompano Beach, Florida g00K _ ~