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HomeMy WebLinkAbout1444 . • and shnll per~o~m, comply witl? and ab~de 6y ~~h Qnd every the agreemenla, stipulutior~.t, conditions and . coi~enanls f{tereoj, and o( Ihis morfgage, t1~en this mo~Igage and Il~e estate he?eby created, shal~ cease, cte- fermine and 6e na~l ancl roid. ~n~ fhe mo?tga~or her~~6y ~urlher co~~enanfs anc~ agrees [o pay promplly when dus tl~s prencipce~ and inle?pst and o1{~e~ sums o~ mon~y proni~Ie<I ~or in said nole and this mor~gagp, or either; Io puy all and sin~ular Ihe Iaxes, nss~ssments, levies, lia6ililies, obligafions, and encumbrance3 0/ e~~pry nalure on snid pro- perly; fo ?x~rmil, cammif or su(~er no U~AS~P, impairmenl or tlrtrrJuwtion o~ sai~ Iand or !~e tmpronemenfs tl~e?po~ d~ any tim~; fo ~PP/1 ~~P buil~ir~c~s ~~ou~ or {iprPa/t~r on said l4nd )ully insured in a sum oj not'less t1~an Sixtee~ Thousand and no/100--------- ~ in a corr:~aity or ~ompanips arc~~ptnhl~ lo tli~ mo?l,ryagee. thP policy o~ policies to 6e held by, nnd payable ~o, sair~ mortryage~. a~u~ i+~ Iti~ ~~~~enl any sum o( mon~y tiecomes payab~e ~,y ~~irfue oj suc{? insurance t~e morlgaflP~ sha~~ ha~~e Ih~ riyht lo rrc-ei~~e ar~~ upp~y f{~p same fo ~he inde6tedness here6y secured, accaunftng to f~~e morf{~a~~o~ jor any surplus; lo pay AII COSIS, ctia?ges, ~nd expensps, including ~awyers ~ees and itt~e searc{~ps, r~nsonn~~~y incurrerl or p~i~~ ~iy I~~P mr,rfgayee f~pcause o~ t~e ~ailure o~ fhe mortgagor fo promptjy an~ ~u~~y comp~y ~oil{~ 1{u~ ~~~rpi•m~~nls, slipulalions. cunclilions ancl coi~er~4nls o~ saic~ nofe ant~ f~is morlgage. - •w eif~~~r; to per~orm. roml~~x u}U/~ an~~_a~,i~w ~acf~ ancl e~~ery fhe agreempnts. sfipu~ation~, condifions and _ - - - - - - co~~~nanls set lorl~ in sai~~ nofe an~ i/~is rnoN~age or elt~pr. ~n the event i~e morfgagor jni~a fo pay wl~en ' tjue any tux, ass~ssme?~!, i~is~ua~~t-~ ~fr~mtunt or ~tleer sum o~ monpy poyati~p by nirlue oJ said nofe and fhis mortga~e, or ~if{~~r, fl~~ mortyac~~~ niay 1{~~ samP, u~ittiouf u+aiving or a~Jecling the oplion (o jorec~ose or nny ot{~~•r ri~Iii I~e~rr~u~~IPr, anrl n~l s„~l~ ~r,t~n~rnts shml[ 6Pa~ infprpsR from dntp tl~ereo~ at !he ~ig{~est ~aw- ~i~~ r~tr f~~rn n~~n~ue~ ~?v t~~~ ~nu•s of I~i~• `Inlr n~ r'~orir~a. ~ i` pr~y s~im o( mu~i~•y ~~~r~in rr(rrrr~~ lu ~~r nof prompl~y pait~ u~ittiin thirty days n~•xt af ter tl~~ samc~ ~.e•~-o?n~c due•. or i~ ea.-le ~md ~r.~r~ ~I~~• a!JrpemP?~Is. sfipulalions. conc~itions and couennnta o~ said notP a~~~ lhis morl~~nyr. or ~ither. ar,• n~~l (ul~y prrforn~etl. CYIIIPIIP~ u~ith and a6~dpd 6y, ttien ttie entire sum m~nlionerl in said note, and thi~ murig,u~e, or tl~e enlire ba~ance unpaicl thereon, sha!I forlhwit{~ or t1~pr~oJt~r, a! tlu• oplion o) Il~e morl~u~Nc•~. ~,~om~~ ~nd 6~ due ancl paya6lp. anylhinq in sai~ note or herein fo I~~o rnnfrary ni~l~rill~slan~in~~. ~=ai~un• j~v I~~r morl~~age~ to exercisP nny of t~e rig~ts or options ~erein pmri~~~Y~ s~ui~~ nol ~onslilul~ a~roi~•~~r o~ n~~v ri~~I~ts or opfions un~er sai~ nol~ or t~is rr~orfg4ge acrniet~ or Iti~~rr~n(1~•r at•cn~int~- ~ i~ n~~tness ~hereof~ ~f~~~ S(il(I murlyu~~or ~IQC ~IPrP11?1~0 SI(~IIP~ A/t~ SPa~PC~ these presents ~~P r~ay an~~ ~~•or (irst n'~o~•~ u~ritt~?~. Si,qn~~. _ r( r{ ~~w[ir~mt~ i~~ f~~~ pr~>.rn~y u~ ' ~ - . !J w . . . _ . . . ; uncan , Q . . . . _GC~<..v7.'~~~i-~. . ~ Y i~~~7. / ~ - ' ~ - Rebec~a A. Lay ~ G~ ~J - - _ . . - . . - _ . _ _ ~ , ~ . _ I ~ ( STATE OF~m1[]~2~ Michigan ~ cc~t~ti-ry- c~f LENAWEE , ( HEREBY CERTiFY that on this day, b~fore me~ an r offi«r dul~- authori~~d in th~ tt:~t.~ aforeaiid and in thr Countv afor~•said to tak~ acknowled¢m~ nts, pe~rsonally appeared C Milton H. Rasmussen and Mary E. Rasmussen, his wife to m~• knuw•n to }N• th~~ ~rwrfi drscritxd in ind wh~~ ea~~utrd ~he (orrQOin¢ instrum~nt and they a~knowltdged tsr(on• rne that they ~xecuted th~ samc. N'I7'\ESS mc ha~d and aHicial seal in th~• Countt• .~n~l Statr• last alorrsaid ~his 5th d~y oj September _ n. ,9 73 € - 26335~ ` ~ x- e~---- ~ . - - . R L. uncan , Notary Public f ~~G A~tO RECORDED ~ My Commission expi res: Oct. 14, 1974 i~.IUC~~ GOUNtY fLA. ~ aoce~ :~,~-~,~5 4 - CLERx G'•ii,SUtT COURT ,.~11Yi,::, PECOPC Yc.o.:ftFO • , `,T , •'rJ~• , ~`Q 3 S7 'c,~ ~ ee_ . i.':_ r'_ . _ _i ; . , ~ '-~,y' - I . - = T'. ' - - , ~ : , ~ . - ' - . ` ! r r'`. 4• , ~ ' . : ~ 8Q0~~~~ P~1~~ ~ t . _ ~ ~ _ ~ , w. _ ~