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HomeMy WebLinkAbout0332 an~ s~~a~~ pi~r~orm. ~-omply u~i11~ an~ a~i~e ~y each ani~ eoery t~e agreements, stipu~ationi, cont~itiona and rn~~~nants therc~o/, and oj fhts morlf~as~e, thnn fhis mortna{~e arid tI~P estatp hQ.p6y created, ihall cease, ds- IP~f111lIP AII~ I>P flll~~ Q~I~ I~AI~. • I~~P morf~~a~~or ~~en~by ~urt~er covenanfs and agrees fo pay promptly wlten clue the principal and inleresl m~~ ol~~er sums o~ money proni~e~ ~o~ in sai~ note ancl t~is morlgage, o~ eifher; fo pay a~~ and sin~u~ar Il~e la.res, assessmenfs, ~evtes, ~ia~~i~ities, ob~ifialions. nn~ encumbrnnces oJ euery nature on sald pro- perlv: to permit, cummil or suf fe~ i~o u~asle, impairmenl or ~eferioralion o~ said ~anc~ or fhe Improvemenls II~Prncn al any timP: fo keep tl~e 6ui~dinps nou, or I~erna~l~r an caic~ ~an~1 f ully insured ~t in a c•ompanv or compani~s acr~ptaG~e fo Ihe morfgaflee, 1{~p po~icy o~ po~icies to he hpld 6y, ancl payable fo, saic~ morl~~ac~~e, anc~ in fhe evenf any sum ol money 6ecomes payab~e 6y uirttie o( suc~ insu~ance ttie mortgaflee sl~all hai~e Ihe ri~hf to r~ceive and apply the same fo Il~e indeblednesa here6y securnd, accounting !o Ihe morfga~or ~or any surp~us; to pay n~~ costs, charges, and expenses, inc~uding ~awyer~s ~ees an~ fil~e SPAM~PS, ~PA5011[tl,~y incurrec~ or ~a~d by ~hp mo~tqagee hecause o~ i~e Jai~ure o~ ftie mo~tgagor !o prompt~y - an~ (u~~y i•omply u~il~ fl~e a~reem~nts, sfipu~oiions, contrifions anc~ cot~enants o~ saicr nofe an~ i~is mortgage, or eif{ier; fo per(orm, romply «~if{i ancl atiicre by eacF~ and every f{~e agreements, sfipu~ntions, conc~ifioru ane~ cov~nanfs sef ~orl{~ in said note an~ this morfpage or either. /n fhe evenl the morfgagor ~ai~s lo pay w~en clu~ any lar, assessmPnf, insurance premium or oll~er sum o~ money paya6~e 6y i~irlue o~ saicr notP an~ f~is morlgnge, or eil~ier, t~~p mort~ag~e may ~y the snm~, «!ithouf u?aiving or aJjPCting Ihe option fo jort~c~ose or any otl~er ri~~Iit I~PrPUncl~r, and alI sucl~ payments shall 6eor inipresi from date t{~ereo~ af fF~e F~ighest Iaw- ~u1 rute Il~en alloived by !?~e Inu~s o~ tl~e StatP o~ Flori~ln. D` any sum of mon~y ~~erein re(erre~ to he not prompi~y paic~ within thirty c~ays next a~te~ tl~~ same 6~comes du~, or if eacl~ and Pve?y 1{~e a~reements, sfipulations, condilions ancl coi~enants o~ said note and t{~is mort,ya~~~, or pil{~er, are not ~ully per/ormed. complied wit1~ and ab~d~ 6y, t{~en fhe entire sum menteoned in said note, and tf~is morf~age, or t{e e pnlire 6alance unpaid Ihereon, sha~l ~orfhwith or tl~ereaf ter, at fti~ option oJ Ihe mar?ga~e~. 6ecome and 6p due and paya6le, anythinQ in said note or I~erein to 1~~e ~onlrary nolu~ithstanding. Fai~ure E~y fj~~ mortgagee to exerrise any o~ fhe rig~fs or opfions herein proric~ec~ s{~a« nof conslifufe a~vnii~pr oI any rights or oplions une~er sai~ nofp or i{~is mortgage accrue~ or t~~er~a(I~r accn~inc~. ~n ~itness ~hereof~ ~~IP SOIt~ morfgngor ~1(IS ~IP~PII/1~0 S!(~IIP~ Qfl~ SPQIed these presenls ~I1P ~ay an~ ycar Jirst aho~~~ u~ritlen_ S19 PA Pa~P~ A/IQ (~P~/1~ Ifl ~~lp n~pSPtlCP O~: . i' " ' ' ' . _ " _ Q~ r` ' S~•r yu_~ ..y~f.y''"' ~ ea~~nii ~ : (,ct ~ ~Ll ~ij, . . . . - ~ ~ - - - -------~-n= - • DYANNE A - - ` - - - - - - - - ~ - . . . ~ i I f € ~ ~ STATE OF ~ ~~IG~ ) ~ C(~L'\TY <)F MACOMB ~ ~ I HEREBY CERTIFY that on this day, before me, an a ~ offirer dula• authorized in the Statc a(or~said and in the County afon~said to takc acknowledqmcnts, p~nonally appeued SALAH GOUDA and DIANNE GOUDA, his wife, to mi• knv~vn to 1x the prrson8 describ~d in and who ~a~cuted`tht foregoin¢ instrummt and they acknowkdged beforr ~nc that they ~x~cuted the same. ~ N'I"l~\ESS my hand and of(icial seal in thc C:ounty and Statc last aforesaid this 2j~th day o[ ~ October D- 1974 S ~ 30n'738 . .~~.~/l . { ~ AUL, Notar}i ~~Pu~1ic ~ ~ F~~EO aNn RECOReEO CAROLE E. ~ SY. ~uc~E coU~rY F~~~ Macomb County, Michigan ~ ~ ROCE't F0~?RAS ' ~ CLERKCsFi.U~jCOU My Coc~nission expires: 4/I1/77 . . coR: rE~.~F~EO . ~ RE _ ' ` . ~ ~1 12 3e PH'T5 ~ •J~ . ~ fEe _ . i ~ - . ~ ~ i ~ - . J_ ~ _ ~ 'r . J • •!'~i / • ' ~ ~i ~ ~ ~1 ~ ~ ~ l%iis hislnii~~f~rl~rrp~rrc-~/!y: W. H. Copeland At torney at Law ~ ~~~~~~n=f~ 130 South Bemiston, Suite 600 ~ ~ Clayton, Missouri 63105 800K~ PAGf s~ ~ ~ ~ - _ ` : ~ ~ ~ _=r.~.