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Home My WebLink About0856 ' ' 11 ~41i = . CIERR C~RC~iT COUR1 ~Y~ . n VEi~PI pF 6 ~ 49 ~ \ A as~o2 slu~U have ths oQtlon to receive aad appty the s~ms on account of ths indebtedne~s sscurod hereby or W pernnit ' sdd Mortq~gor to receive and use it ar any part thereof tor ather purpwer witAout tMca6y ~raivina o~ impavina ~ny equity. !kn or right under or by virtus oi tAL ~ge: aad in tbe swat ~aid Mortg~ot s1uU for any rs~~on tail to keep tAe aaid premiees so in.wred. or Edl to deliver prompt~y any of aaW policie~ ot inau~ao~ to aid Mortgaaee, or t~il Pro~P~~Y ~ WY wuY ~Y P~~ the~efor. or in ~qp rerpset t~i! to pKlarao, disclwr~s. e:cvte. ettect. eomplete. comply with and abide by tAis ooveaant, or aay put Mr+eot. nid Morts~es n~Y pi~as ~nd ~ P~Y for such i~aunncs or any p~r! thereot without waivias or ~Heetins aRY option. liso. equlty oe right under ot by virtae ot this mortq~ge, and tbe tull smount of esch ~~ad avery sucA p~ymeat shaU b~ ImmedLtely dus aod payable and shall bear int~reat from tbe date thereof uaW p~id ~t the rate of t~n pe~ tentuen pec anaum aed t,ogsther witb snch inter~st shsU be secured by the lien ot this mortgags. 4. To pernut, commit or auffer ~o waste. impairment ar deteiioratioa ot e~id propeety or any p~rt tl~ereof. b. To pay aU ~od singulsr the owta. e6argee and ~peases, inch~ding reasonable I~wyer's tese and oost oi abatracts ot title. incumd or p~id at any time by eaid Matgagee beauee andlor in tAs event ot the fatlnro on the part of the said Mortgagor to duly. promptly aad tully per[o~m. disehar6e. ~ecute. eHeet. eomP~• ~Pb' ~ and abjde by eaeh aud every tbs stipul~tions, agresmaats, oundjtions ~nd eoveaants of ~aid promLeory oote. aod thie mortgage. any or either, and said ooste. chargse and ezpenees, e~eh and every. shall be immsdiateh? dus aod P~Yabk, whether or not thece be not+ce. da~n~nd. attempt to colieet or suit pending; and tAs fWl amount ot e~ch and every snch payment slull be~r interest from tbe date tMceoi until paid at the rate of ten pe~ oeowm per annum: and sU ssid coate. c6arges ~nd ~penses so ineurred or paid, together wit6 such int~erest, al~11 b~ secured bY the lien oi tbis mortgag~e. . . ~ 6. 17ut Isl in t6e event of any bre~ct? ot t6is ~no~tgage or default on Ws p~rt ot the Mortgago~. ar Ib) in tlr • event any of said sume ot monsy herein reterrod to bs ~t promptlY ~~Y P~ within ten d~y~ na:t atter tLe saaae severaUy become due aad payabM. without deaaand or notiee. or lcl iu tbs ev~t each and every t6s rt~u~tioas. a8reements. conditane and oovenants of s~td promissory aote ~ad tbis moetg~ge, any or eit6er. ars not du~y. ~~y ~d ~Y P~~. ~B~. ~ecuted. eHected. oompleted. oomPlied with wd ~bided by. thea. ia eit6ar or any sucL event. the said sggregate sum mentioned in said proatissory note tben e+e~oaining unpaid. wit6 int~ec~est aocrued. and aU moneys aecured 6ereby. ih~D beoome dne a~ payabb iortl?with. or t6ereatter. at tbe option oE said Mortgagee, ae ful}y and oompletely as if dl ot the safd aum ot oomey wae c~ginalty atipuLted to be paid on such day. aaything in said promisso~y nota. and or in this mortgage w t6e eantraq? notwithst~nding: and tl?er~upon or t6ere~fter at the option of s~id Mortgsg~ee. wic6out notioe ar dawnd, suit ~t l~w or in equity. tAerotofore. or th~eafter begun. may ba pe~osecuted as if ~il moneys eecured hereby had mttured prior to iLs iestitution. 'fLat in the event tl~at at Lhe beginning of or at any time pending sny suit upon tbis mo~tg~ge. or w faeclose it. or to refona it. and/or to eaforoe payment of any cWms eaid Martgages shaU appty to t,Le coart 6aving juriadiction t6ereof for tbe appointa~eat of a Reoeiver. suc6 oonrt stWl fo~thwith appoint a R,eoeiver ot aaid ~8'~ P~Y ~ aud eingulu. iechadiag all and singiilar the rents income pm6ts. issues aod revenup fran whatever so~~ee derived. e~ch and every of whk6. it being ~p~se}y w~dersiood is bereby maiga8'ed u if specifically set forth and descn'bed 'm the granting and habendum daasea hereof. and such R~eeriver s6a11 6ave dl the broed and effective funetione aad powera in anywise entrusted by ~ court to a Reoeiver. and such appointoamt shall be uude by suc6 eourt as an admitted equity and a matter ot absolutc right to aaid Mortgagee, atd witlwut reference to t6e adeqwcy or ioadeqwcy oi the v~{ue of ths p:operty mortgaged ~ to the wlveocy or m~olveney of said Mortgagor and/or of t6e defendants. end that euch reeW, profits, inoome, issues and sevent~es sbu11 be appiied by such Receiver secording to the kin andlor equity of ~id Mortgagee and the pnctioe of snch oourt. 8. it ia underetood snd agreed tlut thie mortg~ge is ~ve~ to secure, in addition to t6e note or oWi~ation above descn'bed any additional loans o~ future advances made within twa?ty yars fnom date hereof by t4e moct~sgee to aaid mortgagors or any auccessor io title of aaid mortgagors of t6e propartq he~eby oonveyed: ~ Provided that tbe total unpsid balanoe of the indebtedneaa secured hereby at aay o~ time ebaU t~ot ezceed t6e muimnm peinapal , amo~ncoE Seven Thou$and 1= 1, plus intereet tlw~eon and any diebnrseineata made by the mortgagee for t6e p~ym~ent of tasee, leviee or ins~uanoe - on the property e~uvmbered hereby. with int~ereat on such disbureema~ta. IN WITN WHEREOF, the said A~tortgagor haa ezecuted this mortgage under ~eal on the day and yeu heran firot above tten. 3igned. ve ' the of• / _ - - o e a ISEALI ' ISEAL) _ Tc oF ~ MICH~I ~ °g ~ Kent ~ Beforc me personally appeared ..~ohn and Lori Metas of 4110 4Yooked Tree, SW, Wyaning, , Michigan, 49509 l tams.weII lcnown and knawn to me W be tbe IndividualS de~aibed 'w and w~o azecuted the ta~ega~ng inatrument.. ayi.~eadc~L,Yno K_w1!dBeQ.J~efore me that .t.hs.y. ezecuted t6e same tar the ptuposee tbeeein ~:pro~sed. . f. . . - ,l _ Y..•; ~~WITNESB..;my=.hand and offici~l se~l t6is 7 d~y of 19 , ~ ~ ; u - ~ a N ry Pnb~' in ~nd t G~ A • ; ~ i ~ ~ ~ ~ ~ ~ cbu conntr .na sc.ce Atore..la. j.f'~?e~.~ f _ : . ; . Mr °~°.°~~t4~P'~tFa~t , 1~p~i1y PYbUG, Kent Ccunty, M!cti. ~ i~il~? t~mmml~on ex~~:~s J~n. 7, 1~i3 f