HomeMy WebLinkAbout0871 A, 71u~t ls) In U~ ~vent ot any breacA ot tA(s mortgaR~ or detault nn th~ part ol the 1?iort~~~or, or ~pl tO
t?~ event ~ny uf u~d •ums ot mo~ey h~re~e ~eterred to be aot p~omptly at?d fulfy p~d w~thin ten day~ ne~tt
atte~ th~ same severally become due and payable, K~thout demand o~ nut~c•.•, ur ic~ in tt.e e~•ent each artd ev~ry
ths appulalwns, aRreemct?ts, cond~UOns ~nd rovenAnts ot as~d prom~un~y n•.te and thi~ inurt~~e, any or Nther.
ar~ ~ot duly. promptly and [ully performed, d?scha~g~d, executed, ettected, completed, compl~ed v~nlh atsd ab~ded
by. tAen, le eRher or ~ny such event. the said aggregate ~um m~~~t~nned in sa.d promisaory note then rema~n~nR
unp~id, w~th ~ntrrest acerued, and all moneys se~~u~ed h.reEy, shall becunu due snd payabte lo~tMvith, or therr
atter. at the opt~on ot aald ~tartgagee, u tully an~l c~~mpletcly ss ~t al! ot the sa~d ~um~ ot money wtrs or~~~n~liy
st~putsted lo be pa~3 on wch dsy. •nything tin ~s~~d pros~,~ssory note, ami or 1n thu mortguge to tA~ cootrary 1fOt-
withstandins; and theceupon or thereafter at the o~~t~~~n of sa~d 1?lort,,agee. ~rithout notue or dcmlutd. auit at
Lw or ~n equlty, th~retofors, or the~eatte~ De~un, m~y De prosecuted aa all money~ aecured hereby had m~turrd •
ptlor to ita institation.
7. That ln the event that at the Deginnla~ ot or at ~ny tlme pending sny auit upon thb mor.ta~e. or to
foteelo~s it, or W retorm it, and~or to enforc~ psyment ot any cta~ms hrreunder, uid Mortgasee ~hW ~pply
to the court havin~ ~uriadictlon tAereot tor the appo~ntment ot a Rrce,ti•er, auch court ahsl) torthwiN appoipt
a Receiver ot sald mortgaged property all and singvlar. including xll nnd singular the rent~, inceme, protits.
Issues and revenues trom whatever source deri~•ed, esrh and evPry of ~~hich, ~t be~ng expre:aly understood, !a
henby mo~tg~gM as !f apec~[ically se~ torth and descr~ted in the ~rsnt?ng amd ~abendum clawe~ hereot. and
~uch Recelver ahal~ have al! the brosd Rnd eftect~~~e tun~t~~ns and ;~.~~ti~r~ ~n xn~~r~se entroited by a court
to ~ Recefvar, and such ap~+o~ntment ahalt be made by sunc ~uurt as an ndm~tted equity and a matter of aD-
•olut~ n6ht to sald Mort`agee. and witAout ~eterence to the wdeyuacy or inadequacy ot the value ot the prop-
•rty mort~a~ed or to the rolvency or inaolvency ot wid 1?1ortRaRor and 'or of the defendant~, and that ~uCh
r~nt~„ prohts. fncome, ~s+uea snd re.enues shaU De at~plied Dy auch Recet~'er according to the li~n and/or equlty
of aald ~+Iort`a~ee and the practtce ot ~uch court.
8. It ~s understood and agteeQ that th~s mortgage ~s Rrven ta secure. ~n addiUon to the notr or ~,bl~Kation
above deunDed any addttionaf l~ans ~;r tuwre advances made wiihin iv?enty years trom date hercV,f by the
mongagee to ~a~d mortqagors any successor in title ot sa~d mortgagors o[ lhe property herebp conveyed;
prov~dect thAt the total unpaid~riance ot the indebtedness secured hereby at any one time shall not exceeci
the maximum princ?pal amount ~j( O~hOUSdfld C'.lc~ht hundred and S1Xt~/-tW0 Doliars
(S ~ 2 862. QO 1. Plus int therenn and any d~s ursements made by the mortgagee for the pay-
mrnt of ~axes, leviec or ~nsurance on roperty encumbered hereb~• w~th interest on such disbursement~.
IId l~VT!`A1E38 VvHEREOF, the aafd Molf}~or ha~ ~xecuted thi~ mort~a`e under ~eal on Ue +lay and year
herein tint abov~ wrtttea. ~~J~
gJ~Aed, ~ealed and deUvend in the Qreaence ot: ~~QfiO
~ ~ - (s~.)
C~ l~ ~ Le~ ~ E. W~ (5FAL)
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I Patricia D. Wozny
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~ ~ ~ ~TATE OF~~C..-~IlCI]lg (1
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f ~ c ~;O[INTY OF...~~~~C~lo~
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3 . ° ~con m. v.r.o~auy.pa.T.n_.......~.~Q.n~_..E_.~QZ~r~y_..~,n.si.._R.a~x:~.~~.~._.Qs---W47.f1.Y.s-._._._:
`v his wife of 3502 Hillcrest Drive, Warren Michigan
= - v _ .
~ 3 g~o me we11 known and know~n to me to Ae the Indiy~duslS. descnbed ~n and who executM the foregoln~ lnstru-
^~nent, and aclu~owtedgcd bctore me th~t t..he.~/. executed the ~ame Lor the purpoees therew e~cpreised. . k
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, 18th ....a.y ot-----~ove~nbe.x.-•--~--•- ~ .~;7.5~ . ~
~ WTPNES3 my Aand and ottlctal seal [tua.. .
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No PubUc in for • ~ - ' s ,
the County aod SLts Atorwid. -r~ ,
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My commwion euplre~: .Tdll.•. ~.s . . ~.~8~-`.
STATB OF.. ' . .
COUNTY oP'.. ST. I~CIE__......----•----~ ss. ~ _
Befor~ me peraonWy aPpe~red--•-......._...
•nd._......-••.-.•--... Lo m~ w~l! lwawn and
lcnown to ms to be the ...............-..._......._.._...._..~'rwideat and....._..~__.._.........._.....:._.._._......_._.....__..._.._._........... 8~c.retar7
respect~vety ot ths corponUon
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aam~d ln tAe torc~oir~ liutsum~n~ ~nd lwowry W me to De ths psnon~ wDo u~uch o!llce» of ufd corpontlon.
cxecuted the same; ~d tT?en iud tben the ~aid aad th~ sa14
..._.._._.._.._.._.._.._..._..dtd acluwwl~e bKor~ me that ~a1d
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p~u
ti~poseantt?a m expres~eA• that t!?sf ~ea1d th ~unto st sched fs tl~~~corpoeiu ~ealtb tham tn Wu c,~P~ctty af-
` tued: W under auchority ln th~m duly ve~ted py this Boscd of Dfrectors ot ~a1d oorpor~Uon. ,
t
QVTPI~'S8 my hand aad o[tlCial Nal W/-•---........__._.....~Y a[....._....._._ lY.._._
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~ RECOROED Notar~? PubUc tn and tor
~ f1LEUCiE CO111{SY Fl~ Uu Camtp a~?d Stst~ AtoTwtd.
' ft~ pOG~" ~'`~~j ~QO~ Y,Y eomasWtaa ~cptres=
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C~ERK~~~.t'tE~
Af C~A-
16 12 Sk PM'~6
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