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a. TAat (aI la th~ ev~nt ot ~ny b~~acl~ ot tAb morttan or detault on the pa~t ot the 1?Iortgago~, or 1pt ln
ths event ~ny ot uid ~um~ ot mon~y h~re?n ret~nM to ba nat promptly and tully pa~4 wuhin tert daya next
aJter th~ sam~ s~v~rally becom~ du~ and paya0l~. without demar?d or oot~ce. o~ ~cl ia th~ event each and ev~ry -
~ th~ st,pulatlona, as~eements. cond~t~ora and rovcoanta ot aa~d p~om~ss~i y noce ~nd tA~s murtKage, aoy or eithe~.
a~~ rat duly. pmmptly aesd fully pertorm~4, d~si:ha~red. acecuted. ~t[ectN. completed. complied vrith snd ~p,ded
Dy. then. in e~tht~ or any such even~ tM aaid aggregate sum mrnuone.i ~n sa~d prom~aso~y note then rcmurung
unpa~d, with intr~est acccued. and all moneys sec~~rc~ hrreby~ ahal! become due ~nd payabl~ torth~vith. or ther!-
•tte~, at the optioe ot sald Mo~tra~ee~ as tuily and completely as il sll ot the asid sums ot money wer~ ohginallp
~t~pulated to be pai~ oe such dsy. aeythina in sa~d p~oml~sory ~ote, an~i•or in tbis mortgage to th~ contrary not-
w ~tlutartdins; and th~nupoe oe thtreatt~t et th~ optia~ ot sa~d Mo~tgasee, ithout not,ce or dcmand~ ault a!
Iaw or in equlty. tMretotoc~ ot WertattK ee~ may tr prosecuted as ~t W moneys a~cused hee+e0y 2ud iaatured
prlo~ W its insUtutioa
T. That ln tM eveut that at tM Oyinnins ot or at aap Wne pamflna auy suit upoe th1~ morita~, or to
loreebse it, or to retona l~ and/or to entoro~ paynnent ot any claims heceund~r. u!d 1?tortssse~ ahali ~pply
to th~ court hav~~ 1urisdlctloe~ thereot tor th~ appointmsnt ot s Recenrer. such court shall torthwitl~ appoiat
a Recelve~ ot ~aid mortsapd PsoMrty W aad ~inaular. Including atl and singular th~ reeta~ Incom~. pe+ofits.
lssues and revenuea twm whatever aourc~ derlved. eacA and every ot wRuh, ft beina expressiy undsrstood. !a
hereby mortgagM a~ if sp~cifieally s~t [orth snd descnEed it~ the Rr.u~ting and habendurr? clsuses hereoi. aAd
~uch R~cNver shW hav~ all the brwd and etteetjve fuactions and ~x,~~•e~~ in anywise entrusted Dy a coust
W• Ret~lvu. and sucR appointment shall b~ made Dy such conrt as an adrrutted eqWty ~nd s tnatt~r ot ab-
~otub rlsht to said ~tort~e~, and arlthout reterepc~ to tM adeyuacy or UiWpuacy ot the vslue o! the prop.
?rty moK~ed or to th~ aMv~ncp or insolveecr ot ~a[d ldort~aAor andior of th~ detendants. aiW that such
reeti. pr+onta. lacom~. is~uti and revenup ~hsU M appli~d by such Recel~tr accosdias to tAs liea and/or eqWty . ~
ot ~atd I~twtSasN aod eM pracUa ot sucb court :
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8. It is understood and asreed that this moetaage is givm to secure, irt addition to the note or obligation
above described any additiona! loans or future advances made within twenty years irom date hereof by the
mortga~ee to ~aid mo~tgatoss oc any wccessor in title ot safd mortga~ors ot the property hereby conveyed;
provided that the total unpud balance of the indebtedeess aecured hereby at any one time ahall not exceed
the maximum ~rincipsl amount of' . . _
pius interest thereon and aay disbursemenb made bv the mortgagee for the j,ay-
ment of taxes. levies or i~wrance on the property encwnbered hereby. with interest on wch disburseme~u.
IId W111~TL~SS WHSRZOl. tM sald l[ i
~t~s~or ba. •:.cuc.a c~, morss.s. u,~r on c~,. a.r ana y~
nereu, ns~c abov ..NUm
si ed and d~li~rend in cM prea.nce ot: ~
~
~ ~ ` ~
ss a ei'~'er;"~i:'"" Staff .Ae f er, Jr. F
. ~
r e ei"ffer ~ , ~
~
X ;
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Harriet Reiffer ~
t
srw~ oF..._Michi&an
'a
cotr.vr~r or~.._...~. Ken t_.._...
' Beton m~ p~r~oaWy appe~red........._.S.ta£fL1~1c1 Rpi ffpr -1Z....atld..NaT.Ti.et Rpi fPr
8~ n8
f to me well known and known to me to he th~ individual..S described fn ~nd who exeruted the fote i tn~tru- ~
f inent, and acknowledg~d be[ore m~ tlut Lha~i. executed the same for tha purpoacs therein ezpre~s~d.
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e wrrx~ss ,rr n.~,a ,?,w ore~~w cni,........1.~......._a.r o~ ...AD~'~.. ~ b r
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€ Notary Publlc W~ !ce c ~b ~ e'. .'~8~[Q1~1S `
Ne County aod tat~•]?for~. ' - ' ~ ' ;
.
_ , . . ~ ,
Mp commla~ion acpin+i: ' : ~Pril :1~ ; ` ~9'~'
STATL OF_......__......._..._ . , ; ~ ~ + '
E 00[TNTY OF ~ . ` • c ~ . _
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~ Befors mt personWy appe~red. ....................__._..._...w_._......___._._.~..._.~.....___..........._.._._.__..~.,..:..:....,..14•`'~.,..`~'...~..., r, }
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~ aad._....~_..._....----.._..~_...._...._........... . _ w m. weu lawwn aae ~
~ kno+?~ to m~ to D~ the
..............._.._..~.......~.....Pse~tdent and__~.._.._._..._.._....._......_.._._.....__...................._._ Seeretar~ j
~ t2fs corporatloa ~
~ reapectlvely ot ~
~ named tn the tore~olns iwtsumtnt~ and irnowr~ to me to bs W~ penant who a~ anc2~ ofticen ot sala rnrpontlon. ~
;
~ cxecuted the same; ar?a tben wd tlure ths ~dd._....._.._-•-...-_-•-._..._.__.._._._._..__.._._.._........_._._......._....__._aad th~ asld :
~ ..~..dla aclcnoM+leaae Letore me tnac wa '
~
€ irutrument fs Ne free ut and deed o[ sald corpon?Uon by them respecq~ely executed ~s auch otAeers tor th~ `
° purpoxs therein exptessed• that the ~ea1 thereunto sttached U th~ corporute seal by tbem 1n Wcs capacity a!- ~
; fi~ced; all under authority W them duly vuted bq the Board oi Directors ot uld corporatlon.
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WITN!'.38 my h~?d aad otdcW wl t2~1a--•--_....__._.._.....day o!_._.....r.~_._.._..__._.....--•.~ ~ 1~---- ,
' j~EQ AMO jtLC ROED •
: ` ii.l~r~t QOUN~Y F A
~ ROCf R ~ptTRA: ~
' CI,F.FK C:ACUI~ COUR7 Notary PnDUc In snd tor
~ ~EpIf1E0 the Cont~C~ and 3tab Atorasald.
~ My coma~faslon e~pfres:
€ APR I i i~ ~ AM'1~ ~
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~ 36~92 - 4
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