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Home My WebLink About0831 ' -_'_F ~ t-a 1 C~ ~ A~i ` ~ U ru`Ann~ AQY~ si~~nn~^~ n ~ ~ ~is`~ - c~~ ~ DEPT. G~ ktYCD1UE s::~ ~ ar, ~ li~ ~i~'~~ c _ C ~ ~Pr tiACUlI GOUN~ .,ir ~ = ~ ~r~tjr'71~~!,~~' " O~7. 8 J ~ R . ~IfIF~~""'~'- ~ ~ 1•~1 _ ~ 17 1 ~'1T AFR 1T ~ . 364369 , ~ ~aU furvs ths optbp to receive ~nd apply the eame on ~ccouot ot tbs iudebtedns~i ~,vred bereby at to permi~ ~ said Mortgago~ to nceive and use it or any p~rt thereo~ iot othet purposs~ without tMreby wdvit~ or impairir~ .ay eyu~cr. tien or right under or by virtus ot thi~ a?ortgage: and ln the svsnt said Mortgagoc a!?aU to~ aay ceasoo tail to Iceep the wid premieee so ineured. or fail ta dsliver promptty ~ny ot Wd pdicfes ot iniutanos to aaid Mortg~ges. or hil promptly to pay fuUy any premium therefor. o~ in any rc~peet f~il W perform. disch~t~. eacute, ettect, rnmpbte, comply with and abide bY this coveaanc. or say part f?ereoi, aaid Mortgigss may pl~oe ~ad p~y for wch inaurance or any psrt thereof witF?out M~IVIAg O~ attecting any optba, Ifsa. equlty or r{~ht ur?der cc by virtue ot thia mortg~ga •ad tbe tu!! amount ot rach and every such payme~t shaU be iramediately due ~nd pqabls and sl~aU beu interest hoan the datc thereot until paid it the nte oi ten per centum per annum ~nd Wgeti?ar witli such intereat shaU be ~acured by tbe tien ot this awrtgage• ' To permit, commit or sutf~ no w~ste, impaira~ent or deterior~tio4 ot said property or aay part thereot. - 5. To psy ~U and eingular t6e .roste, charges and e:peoxs. inctudinR ~asoa~ble tawyer's tees and oost ot ~ abatracte of title, incurred or paid at any tim~ by said Matgsgee becauee and~or in tbe avent o( ths [aUure on tl~e part ot ihe said Mortgsgor to duty. Pro~PUY ~nd fully pettorm. disch~rge, e:ecute. eftect. complste. oomplY wit!? . and ~bide by each end every the atipuletions, agreea~eats, ooaditans aad tovenu?ts ot said promis~ory iwte. and this inortgage. aay or either, and aaid coste, cb~rges and _ e:penses, eac6 aod every, ~hall be immedi~te~y doe and p~ysble, wtietrer or not t1~e~e be notice, demsnd, ettetnpt to coUect or +uit pe~ding: and tbe (ull ~awunt of erch and overy such payment shaU be~r intrre~t trom the date tfierrof until paid at the nte ot ten psr oentwn per ~nnum: and sU eaid coat~. ch~rgrs and e:penrea so incurred or paid. togotAer r?ich auch intereat. ahaU be xcured by the lien of thie mortgage. 6. 'fl~at lal i~ the event of ~ny bre~c!? of tAi~ mort~ge or detautt on the p~rt ot the Mortgagor, or Ib) in tbs • event any of said suma ot moeey herein referred to be not promptly and fully paid ~rithin tea days aest aRer the aame sevenlly become due end p~yabk, rritMat demsnd or noticr, or lcl in the event escb ~nd every tbe ~tions. agree~nents. conditions and covenanta ot aaid promiasory eote ~nd this mortgag~e. any or eitl~. an oot du~y. promptly and fully perfonned, dixharged, e:ecuted. etfected, completed. comptied with and abided by, then, in eitLet ~ or any such event, the said aqgregate sum meneioned in aaid promis.~ory eote ths~ ratnaining unpaid, with iate~est accrued. and aU moneya secured hereby. ~hall becorae due and pay~bk torth~rith, or tAereaft~. at tde option d a~id Mortgagee. ~s tuUy and comp{etsly se i! a1! of the said sume of nomep ~ver~ oriqinaUy atipulated W be p~id on ~uch day. anything in said pmmissory note. end or in this ~eartgage to tl~e conirary notwit!?standing: and thenupon or tMerr,a[ter at the option ot aaid Mortgagee, without notice or danuod~ suit at 4w or in equity, thtretofore, or thereafter Degun, mey be prosecuted ss ii all mo~ey~ eecured 6ereby had taatured prior to ite institution. ~ ~ T. That in the event that at the beginning of or at any time pending any auit upon this mortgage. or to torecbse it, or to retorm it, andtor to epforce p~yment of any claima hereunder, said Mortgagea ahall epply W the court ~ having jurisdiction thereot for the sppointment ot s Receiver, such court ahall tort6~ritA ~ppoiat a Reeeiver of e~id ~ ~8a8'~ ProP~Y aU •nd aingulu. including all and aingular the renW incoma profts. isa~es aad eevenveatroto ~ whatever source derived, e~ch a~ everv ot which, it being e:pressly understood is hereby mort6aged as it I specifically set tath and described in the granting and _tubeadum cLwes `:cr^oi. and suc6 Receiver sha0 6~ve ~ all the brosd and eNective funct"ana and pt,wc~~ in seywiee eatruated by a oourt to a Recaiver, and sueh ~ppointmeat ; s6~U be made br euch court as ~n admitted equity and a matter ot abeolut~• right to safd Moctgagee. and witlw~t ~ ret~ to the adequacy or inedeqwcy oi the value ot the property mortgaged or eo the solvsocy or insdveney ` of said Mortgagor and/or ot the detendsntn, and that auch renta, pro5ts, inoome, issues u~d revenues slull be applied by such Receiver uoording W the lein and.~or eQuity of said Matgagee and the pnttice ot suc!? oo+~rt. f 8. It ia underatoad snd agreed that this morigage i~ given to ~curo. in eddit~n to t6e note or obligation ~ above described any additanal loans or future advae?ces made within t~renty yearo from date hera~t oy the matigsgee ~ W aaid nwrtg~gtxs or •ny sucteseo~ in title ot said mortRagora of the property heroby conveyed: provided that the ~ tota! unpaid balance oi the indebtednese +ecured hereby s: any one time shall not exceed the meurnum principal ` amounc o[ TE~ '14X7ITaArjp EI(~~1' HtI~?~ SIX~1'Y C[dE (3 ~ 861. 00) Dollan ` 1= 1, plus intereat th'reon eed sny diebursementa made by the mortgagee tor the payment ot tuea, levi~a or ins~renoe ! on the propvty encumbered hereby, writh interest on such disburaement+. i iN WIT S3 WHFREOF, the said Nortgegor hae e:etuted this awrtqaqe under eeal on the day aad yeer herei» ~ fust above 'tten. ~ S' t of: ~ ~ ~ - ~ ISEALI I • E. F11 ~ ~ ` 13EAL1 ' srw oF l~ r'iichi9an L. El ing (~OUNTY OF ~ ~E~? T ~~,~,vy Donald E., Elli.ng anr3 Marjorie L. Elling, his wife of 7860 OottAC~wood, Je~ison, I~II. 49428 tdrifi wdlJ~ka~wp and known W me w be the individuaL.$ descn'bed in and who ezecuted the foregolu~g instrua~ent, , ~ed'~Yspr?1ed~j1 before me that ..~e..~(e:ecuted the same tar the p~upoeee thuein e . ~ WtT~I~'lny hand and ottcia{ ~erf this day of ~ 19 ~ ~ ~ 1 Pnblic "Ly~.. ; . Y ~y ~ Councr 3t~te Ator+enkL j . ' " ~ ~ - ~ ~ ~ ~ ~ lb/y aoan~nLafoo espirer wac ~b~ ~ _ Ka,}rrm~ H~~~c~Y 110~? ~uw~G K.~nc c.~~+~cv, tfrc;,. w oorr~ia~ ~xp:~sc Jan. 7~ 2~7g ~ _ - . ~ ~ _ . ~