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HomeMy WebLinkAbout0830 Tut 1~1 ~n th~ ~vent ot any bre~cl~ ot th~s mort~~e or Aetault nn th~ psrt of th~ Uto~t~w~or, or t0? 1a th~ e~ent any ot ~ud ~um~ o! mo~ey harcin ~ef~rred to be aol promptiy an~i h,uy ps,4 w~[Ain te:~ aay n~st ~ttt~ ths same seve~~Uy become due and p~yable, vinthout d~mand or not~ce, or ~c? tin t~,c e~•ent eac~ ~na ev~ry N~ ~t~pulat~oes. ~[~eementa, cond~t~on~ and covenanti ot ~~~d prom~sa~iy nate •nd th~s uu~rt~~e, any or Nt1~er. ~r~ aot duly, p~omptly and tully pe~lormeA, d~scnargeA, exeruted. ~ttecte.l, completed, complud vnth ar~d ~O~4M Dy. theo. ~n e~the~ ot any such event, the siuJ asg~eRate sum m~•ntional ,n sa+d prom~ssory rtot~ then remauuns nnpa~d, with mte~eat accrued, and aq moneys srcured h. reby, ihall Secume due and p~yaDlt lorthw~tA, or th~~~ slter. at the opt~on ot sa~d ~to~tsagee, as fully and c~~mpletcly ~a ~f stl ot the sa~d run?s oi money wtt~ orit~nalip ~t~pulated to be pe~d on aurA day, anythfns :n ~atA pron:srsory nate. ~?n.i or in th~~ mortgr~e to th~ contrvy not• withstandi~~; t~d thereupon or thete~tter st the opta+n nf sa~d AIort~asee. ~~~~thout not~ce or dem~n4 wlt at 1~w or ~n equlty. th~reWton, or thereatter Oe~un, may be prosecuted aa ~t all moneya iecured Atreby lfaa matur~ pAOr LO its 1tlatiLuUoi1. 9. That tn t1a event tt~at at ths Degtnnms ot or at any time pend~ng any euit upon thb mor:~a~e, or to toreciose it, or to ntorm It, and-or to entorc~ paymeet ot any cla?mi hereunder, satd Mort~N Ma11 ~pply to the court hav~nt ~unad~ctlon thereot !or the appantment of a Recc,ti•cr, such court shall torthwith appolAt a Recelvee ot aaid mortgaBed prope~ty all ~nd s~n~ular. ~ncluding ail and a?ngular the rent~. Incom~, prohta. f~uca and revenuea t~om whatever iource dem•ed, es~ h and e~~~ry ot veh~ch. ,t bana exprea~ly undentood. L I~treby mortgaged ss ~t iptc~tically set tortD snd de~cr~Led ~n the ~ranting and haDendurr? clause~ hereot, ub ~uch Rece~ver shall h~ve all the broad and clfecuve fun~t~~m an4 i~~~~~~rs +n xnyw~se entrusted Qy a court to • Reeaver, and sucA ap~+e~intmenl aha11 be msde by such court as en adm~tted equlty and • matter o[ te- ~olut~ n~ht to sald Mottpgee. as~d w?thout reterence to the ad~yus~y or tnadequacy ot tne ~alu~ of tM prop- ~rty mortsa~ed or to t~tie solvency or ~nwlvency of u~d 1?tortRaRor and~or ot the defendant~, ai~A that ~uth rsnt~, pmf~ts. lncome, ~ssuea and r~. ~nuei ihatl De a~~plied by aucR Recel~•e~ accordlns to th~ Il~n and/or ~qWtr ot ~ald ~tortsue~ and the practice ot such court. 8. It ~s understoad and agreed that th~s mortgage is Krven to secure, ~n add~t~on to the note obltigat~on aDeve descnbrd any addit~onal loans ~r tuture advances made w~thin twe~ty years irom date hercuf by the mort~agee to sa~d mortgagors or a~y successor in t~tle ot sa?d mortgagocs ot the property hereby conveyed: prov~dec! that the total unpaid balance at the indeDtedness secured hereby ~t any one t~me shall not exceed the max~mum princ~pai amount ot Three thousand ---~-------~---~-----'~-'~~~ars ~S 3~ QQ~.OQ Pius interesl thereon and any d~sbursements made by the mortRagee for the pay- mrnt ot taxes. lev~~c or snsurance on the property encumbered hereby. v?~th ~nterest on such di~bursement~ IId VVI'!'~1E83 WHLrREOIr. the ~14 ftort~or hu ~xecuted Ws moK~a~~ under ~eal on tA~ dar and ycu n firat aeav~ ~rrttta~. ~ 9y ~ ed, ~ealed anA deUve ~ t h eaence ot: ; ~ , , i ` _ CG sL~ ~ ' 1 ~ ' , ~ 1 ~ ~S~°?L~ AI rt A. ~~4 , ~ ' tit~r 1.~~_ (SFAI.) ~ , ' Grace Helen Dohring ~ ~ ~ a - . - ; C (~'r` oF. F.T~tIDA ~ - ~ ~ 4-gc~9rrrY O~. . ST. LUCIE ~ : N ~ li. . , « ~ ~ « ~~o~ ~ , Albert . A,~_ Dohrinq_,and ..Grace.._Helen ..Dohring.~.. ~ s wife of 24~2~ Union Avenue, Dearborn, Michigan 48124 ~ _ - . - ~ 3 ~ - ere well known and known to me !o Ae the indiv~du~i .S deicnDeA m and who ezecuted t1~~ foresofn~ tnatru• 'I ~ ~ent, ~nd acknowled~ed before me that .~hay.. eaecuted the aame tor ths purpo~es tli~re~n ~xprw~d. ; ; ; . . . ,j_ " . ~ 21 November . - , ~ ~7 , wr!'PrESS my n.na .na ou~clal .eal cru,... _ .................,Qar r--._.__....._........... . . . ------Y 3l,; - - . - ~ _ . ` : ` ~ ~ • ~ No ' . PubLc !n Catherfne.~•1K. `~r`~3-`dr2l ~ _ ~ cn~ co~ncy ane saa wfor~~a ' , , . - • , : , I . Irty commla~lon c~cptna: . . ~ srwr~ oF . . . September 26 , 1976 ~ Covrrrt oF.. ST. I~JCIE-----------------~ , ~ Betor~ m~ peraonWy appe~rad...----• . , - ~ and . to m~ w~ll Imown ~uW ; known to m~ to Da the .Pr~deat iad_....._.._-----_.._.•---_._..............••-•-•----••-.._.._...._......._. ~r+tar7 reipectlvely of t2a eorponuoa . Vse~oeu ~ nam~d tn tha toresotn~ Itutrv.m~a~ and lu~own to me to p~ th~ wbo as ~ueh oMe~es ot ~aia eorpoestlon. ~ e:~cuted tne same: ar~d thtn ar~d tJ~~n th~ Wd ....._.._......__...........-•-.._..._...._....._....__.aad th~ ,s~10 ~ me ae~cno~i.es• eaon m. wc wa g ~ ' ~ y vel ex~tb a~ ~ucb ofAc~n !or th~ tnntsument ii the lree aet and dMd ot u!d corpondon b them rwp~ctl r ~urpore~ tA~eeln expre~: that th~ ~eal thereunto attacl?ed Is t2e~ oorpont~ Ma1 b~ th~ tn lUc~ cap~city at- ~ ttuM: W und~r authortty In th~m duly vqted by th~ Boud ot Directo» ot said corporatlon. ~ , 1~..~._ E wrrxssa n~r n.na ana oe~tw ..ai w........_....-------..._.a.~ os ; ~ . xoc.rs w~ue ~n ane eor th~ Ca~?t7 wd atst~ Aforral~. ~ A ~ ~~G ~[y ooma~sa~doa asp~: 0~,,,~~ ~ i~~ ~~E~ p4~ j Cp5y1~ - IlR G1~? 0.~~ . CLE ~(It1F ~L ~EBOIl9 ~ ~s~~~ t~ ~ iooY Pacf •