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Home My WebLink About0841 . ~ l~ rt c~ ~ F-F' L G i? i G!A ~ .a'f ~A ~ ~ _ ClE1t ~R 1 OYAi ~ z 7 f~ O C i! M E N TA R Y;,= 5! M N I n x ~ y... ; r, • s~ p,. i~'~ 1° f>EP1. ~1j~HEYEhUf • ' ' ' ~ ~w. 17 ~ ~ = _ ~ 0 5. 8 5 ~ aPF t> >Z ~ 9 p • ~ M ~ ~p!2~ ~ ~ 3643~$ ~ _ ~ shaU luve the option ta receive ~nd apply the sams on ~ccount ot the in~btedness ~ecured heeeby or W permit said Mortg~~w w receive and ure it or any part thereot tor otber putposee witbout tbereby w~iving or impairins any equlty, lie~ o? ri(~ht under or by virtue ot this mort~ge; aad in the eve~?t said Mottg~gw shall toT any re~soa fail to keep the s~id premiaee~ ro inaured. o~ f~il to deliver promptlY •ny o( s~id policies of iniuranos to nid Mortgagee, or f~J promptly W pay tully any premium tF~elo~, or in eny reepect fai! to perform. discl~rg~. eYCUte, ettect, compkte, comply writh and abide by thia covenant, o~ any part hereot, said Mortg~ge~ m~y pbos aad p~y for such inaurance or any put thereot without waiving or ~(feceiag any optbn, lisn. equity o~ ~ght unde~ or by virtue ot thia mortgage, and the fuU amount of eacA end every such peyment ahaU be immediately due u~d p~y~bie snd aluU bear intereat trom the due tAereof until p~id st the rete oi ten per centum per annum and togetAer with ' such intereat ahaU be aecund by tAe Gen ot this mortga~e. 4. To pe~mit, commit o~ ~utier no w~a~te, impeirment or decerioratan of aaid ptoperty or aay p~rt tAereot. 5. To pay ell and singular the costa, chergea and e:~+en~es, including reawnahk lawye~'s tees ~nd ooet ot abst~ecte ot title. incurnd or paid at eny time by ~aid ylortgagee becaux and/or in the eveot of tbe t~ilure on tAe part oi the said Nortgagor W duly, promptly •nd fully perform, disc6arge, e:ecuta, eftect, oomplete, ooiaply ~ritA a~ ~bide by each and every the +tipulatuone, agreemeats, conditio~s and covenants of said promissory note, ud thu mortgsge. any or either, snd ~aid costa, cAarges and espenxs, each and every, shaq be immediatety due and payabk, whether or nol there be notice, demand. attempt W coUect o? suit pending: and tbe fuU amount ot each and every such p~yment ehaf! Aear intercKt from the date thereoi untJ p~id at the rete of teo per centam pa eanum: and sU said costs. cAar~qes and eap~nse+ so incurred o~ paid, toge~.her with such interest, ahaf{ be secnred by the lien ot this mortgsge. 6. Ttut lal in the event ot sny breach ot tfii~ mortgage or detauit on tl~e part oi the Matgagor, or Ib) itw tbs • event any ot seid ~ums ot rrwney herein referred to be not promptly and fuUy peid writhin ten days ue:t ~iter the sama severally become due and peyabk. ~vithout demand or notice. or (cl in the event each and every the etipnl~tions. agreemeats, conditions and rnvenanta of eaid promissory note and this a~ortqege, any or either, are not duly. promptly and fuUy performed, dixharged, ezecuted. efterted, rnmpleled, complied with and abided by, thes, in atl~er or ~ny auch event, the aaid a~reRate sum menti~ned in ~aid promissory aote tl?en remaining u~paid, with int~rest accrued, and atl moneye secured he~eby, ahnll become due and psyabk torthwith. or there~fter. at t6e option ot s~id Mortgegee, a~ tully and completely aa it ell uf the naid sums of namey were originally ~tipulated W be paid on auch day, anything in said promi~aory note, and ot in ihis mortgage w the contrary notwithstanding, and ~ thereupon or thereafter et the option ot said Mortgagee, without notice or daa~and, auit at law or ia equity, theretotore. or thereafter begun, may be pro~ecuted as if aU moneys secured bereby had tnatured prior to ita in~titution. ~i 7. That in the event thet at the beginninq of or at any time pending sny suit upon thi~ mortgage, or to forecloee ~f i1, or to reform it, and~or to eniorce psyment of any ctaima hereunder. said Moctgages ahall ~pply W t6e oourt heving juriadiction the~eot [ar the eppointment of a Receiver, euch court shali forth~rith appoint a Reoeiver ot a~id ~ nwrtgrged prope?ty all and singufar, includinR all and singular the renta income p~ofita, iasues and rtveaues irom 'I whatever source derived, cach and every ot which. ic being e:pdessty undersu~od ia hereby mortga,ged as J , specifically xt forth and deecribed in the granting md 1~abendum clawen '.:errof, ~nd such Reoeiver shaD have I aD t6e broad and ~ftective tunctions and po«rr~s in snywise ez?t~ssted by a court to • Receiver, and sucb appointment f elull be made by auch caurt as an admitted equity and • matter ot ab~lut~ right to said Mortgagee, and ~rithout ! referenoe W ihe ~deqwcy or inadeqwcy ot the value of the propertv mortRaged or to t6e solven~y ut in~olveney ! ot said Mortgagor snd.'or of the defendanta. and lMt autA renta, profita, income, issues and nweauZe ehall be ~pplied ' by ~uch Receiver acrnrding to the lein and~'or equity of said Moetqagce ~nd the practice of s~uh oourt. ~ 8. It is underatood and agreed that this mortqage is given to ~ecure. in addition to the note or obligation ~ above described any odditansl bnns ar future advsntea made ~rithin tw+enty yeam from date hereof by the mortgagee ; to aaid mortgagore or any ~ucee~9or in titk ot .aid mortgsgor~ of the property hereby rnnveyed: provided ch~t ihe I totai unpeid balance of the indebtednes~ aecurrd hereby e! any one time sheU not e:ceed the ms:imum principel ~ amount ot '1'E~~ 'IHp~ EI(~~1' HtJ[~ID~'~ SIX'IY C~ (3~861.00) Dollsrs f If 1. plus intereet th~reon and anv di~bur~ementa made by the mortgaAee for the payment of ta:es. levies or insursece j on the property encumbercd hereby, ~vith interest on such di~burxment+. ~ IN WIT1~f~.SS WHF.REOF, the said Mortqagor fies executed this mortgagr under eeal on the dey and year herein l first ebove~Mntten. ~ ! Signed. ~ and "v in nce of~ , i / I tSEAL1 ~ I - S~ L ISEALt ' S~zatu~e Lyr~ata sr o~ ~~g~ COUNTY OF X~DO~L E T seto~ m, ~don.uy .Ppe.na Sidney Lynena and Suxa~nne Lync~~a. _his wife of 615 EVergr~eesl, Jenison. IrII. 49428 ~ - ~ tq.M w~l Icaow~ ~nd known to me w be the individua~. desaibed in ~nd who e:ecuted the foregoing i~ment, ,~iid.~nowYdged before me that .~?e..y e:ecuted the same tor the purpo~+ thereia pressed. ~ . , WI~ fund end officia! ~eal thi~ __.~.~,c_ - day ot , 19 Lti ~ • • • N Pnb ' in and tor ~`~?T ~ the County and 3tate Afora~id. . ~ R~ My °°Q`K`~tt` R~r~`~°i_`E;Y ~ ' !OO ~ ~ 8~ NotaN r~.~ ' ' _ : • , My comm~:~:on :,r.... ~ - - y:~,~ .~.;a,,