HomeMy WebLinkAbout0806 -,~J
~0 Altl~ W~~ fhe same. t~et/~hr u il~~ f1,M fea~ine~~ls. hetec~ifam~•nls u~~~~ u~,~.~~~tr
nancPS fhwrlo ~~a~ging. and Ihe nenlt. iuuea an~ proEff: fh.Mro~. unto fhs nwrlgagk, t~ aimp~~.
~ ths mortgagor coue~anb wllb the moNgages tl~at Il~t nw?tga~or is ind~~ea~ib~y ~etz~~ o~ sald
Iund in ~ee almp~e: ll~at !he n~ortgagor ~?us Bood rtgkt and ~aw(u~ aaff~oNty to cwivay sdd ~and as a~on-
said; if~at !he n~wlgagor wi~~ nu~~ it1CI1 J1tItAK OtiUMRCO! !o pw~rct !1N ~e~ aimp~ t!!~ to satd ~and in 1~
mo?t9a9ee as moy reaiona6ly 6~ rsqutred; ~I~ae ~h. m«~A~ h.~br /uUy ~,a.~na eh. eub eo ,otd ~d
. and u~tll dejend ths sam~ a~dns! tl~ lawju! clai~ns oj nU penona wl?omaoener and thnt aatd land t~ /n~
A~d o~ Q[t ~~M6~~, except taxes accruing subsequent to December 3i, 1974;
and restrictions, reserva~tfons, easements and conditions of record, if any.
~
~t'OU~ ~~III~S~ i1~e tj sad ~9a9or ,ha[t ~y ~„~eo sa~d mwe~.. tlis ce~taln pnomti-
~ sory note hereina~fer su~istantiaUy c~opied or identt~isd, to-wtt:
S 5~ ~nnn_ nn ~ STVARY, Fb,w,, August 28, ~~75
FOR VALUE RECEIVED,IM und~rsilrnd, jo~ntly and sew~sNy. PROMISE 70 PAY to tM ad~r of
THE POOLE C0. a Mich~ an cor ration ~
" FIFTY TWO THOUS ND AMD---------------
~ ------------------------------------NO/100 ~
DOLLARS,
~,t 2025 N. Michi9an Avenue, Jackson, Michiqan _ «~~at~~.~:iMn~w..
Ae.eot msy desiynsb in writin0, to~ttHr with i~teract from dat~ at th~ qt~ of =-.YLZ_pK qntum pK snnum on th~ w~psid bslsno~ until maturity, ~
The said :,x- i ~~a ~ b. „~a o,y,w. i n monthly i nstal lments of FOUR HUNDRED FI FTY NINE ANO
54/10~D0~lARS ~~459.54~, each on the 15th day of each and every month, beginning on the
15th day of September, 1975, and continuing until_August 15, 1995 (20 yearsj, at which.
time the entire unpaid balance shall become due and payable. Each installment payme~t .
shall be credited first on the interest then due and the remainder on principal, and
interest shall thereupon cease upon the principa~ so credited.
Privilege is reserve~~to prepay this note, in whole or in part, at any time, without p~nalt .
If d~fautt be rnsds lor Qays In tAs pr~/ment o1 any I~Ktillma~t o1 prMCfDSI or Inbhsl or any paut theroOf~ the whols sum tAtn rsen~Iolrg
unp~td with int~rest sAall st Ao1de~'s optton DecotM due and payabh wltAout notlu. Falltp~ to sxNtlse suth opifon shall not ton~fjirtt a walwr Of th~
r~ght fo ex~.cise tlr~ same in t+~s tvent of subseQuent dsfault. Aftes mstwtty both principal arW acaw0 intsr~st shs~l War tntsrtst st~ pe? ttotw~l psr
annum untN p~ld. Tne mskers a~d en6orstK ot ihk not~ furth~r wslr~ dertfand. notlce ot non-paym~nt a~d Motest. Ii thK ~ot~ K not Psld it matwlty
and th~ umt Is p~sced with an attorney !O? to~IKtbn. tM maksrs and sndorsers hp~of ayrN t0 paY ~0 cOfts of Co1leCtlon. intludlny sN tourt tosts ~~d
rcasonsDis attomty (e~s.
s/James Edward Wood ~s~A~~
- ~ s e ecca . ood ~
~ tsEa~1
(SEAL)
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