HomeMy WebLinkAbout0994 10. That th~ Mo~tgagors will giw immedlat~ notia~ by mail to th~ Mott~aQee of sny conwysnc~~ tnnsitr or chen~ of
ovmenhlp of tM pnmi~s.
11. That ra waiver of amr covenant Mreln or of tM oblfption secured Mmby shall at any tirn~ th~reatter bs h~ld to b~
a wahrer oi tM temn hereot or of th~ not~ securod hKeby.
12. That if the Mortgagors deiauit in sey M th~ oownanb or agn~mants contained Mhi~. o~ In said oote then th~
Mortgsgee m+iy periorm tM same. and all exp~ndlturos (induding reasonable attorney's te~) mad~ by tM Mo~agee in so doing
shall drow i~terest st th~ nt~ of eiaht percentum (89(,) pK annum. and shall be ropiysbie immedistNy snd without dema~d bY
the Mortgagors to the Mortgages. and. togetMr with int~rost and costs accruing tMrooo. shall bs secured by this mo~tgsg~.
13. Thst the mailina of a w~ittee notio~ or demsnd addnssed to the own~r of noord ot the mo~a~d premises. or directed
to th~ sald owner st the Iast addross ~ctwtly lumished to tht Mo~tgaQe~. or dincted to said owntr st saW mortgsged pnmises.
and mailed in the United States malb. shsll b~ sutiickM ndice and demsnd i~ any case arising und~r this instrume~t snd ro-
quired by tM provisbns henof ot b!? law.
14. This MortgsQe shall sscun not only existin~ IndeDhdnoss. but slso such futuro advances. wh~thK such sdvances are
obligatory o~ to bs made at tha optbn ot the MoKga~ae. or otherwise. as aro made withln twenty (20) yeus irom the date hero-
of. to the same extent as ii such futuro advanas vr~re mad~ o~ th~ date oi the executbn of this mort~,sH~. but such securod
indebtedness shall not exoeed at am? tims tha maximum principsl amouM of:3S ~500.00 , plus i~terost, and am?
disburseme~ts made to? the paymeM of Uxes. IevNs or inwrance. on the propert~r cowrod by the Ilen oi this mortgsge, with in-
terest on such disbursemaots.
The covenants herein contained shall bind. and the b~nefits and advantages shall inure to. tl?e rospective helrs. exacutors.
administrntors and assi~ns ot the paKies Mroto. Wheneve~ used, tbe singular number shall include the piural, the plural the singu-
lar. and the use of any gender shall include ~II genders.
IN WITNESS WHEREOF. ihe said Mo~tgagors have Mreu~o set their hands and seals the day and year Nrst aforosaid.
Signed. seaiad and deliverod in the prasence of:
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Patric a A. Hami ton DedenbaCh _
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ice . ewcom IIi th Dedenbach
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STATE OF 6t~~~N ~ u;
COUNTY OF
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Betoro me. the undenigned authority. on this day personslly appeared Raymond Dedenbach
and E1 izabeth Dedenbach . his wife, to me well knawn and known to me to be the individwis d~cribed in
and who executcd the foregoing instrument, and acknowiedgdd before me that they executed the same for the purpose therein
~ expressed.
WITNESS my hand and official seal this 16th day of May .19
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C~. ~ , Notary PuWic, Stste of ~ Mich igan
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~ s +t My commission exptros: t,~ARfON E BRAN~ES
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BooK268 P~~E 993