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Home My WebLink About0749 ~ i~~~ E couMT~ OCER ?OItRAt ~ CtERK CtRGUlt COUIIT ~rrno~. VFR~i1E0.........~.~ ,~N I t 8 32 ~M'16 :3yU395 ~Aall luve the optlon to receivs and apply t!?e sams on atoount ot Ns indsbtedn~ ~scured hereby or W pKmit said Mortga~ to receive aad uss it or any part thereo[ far otl~ puepoM~ witAout tAereby waivln` c~ impairlna . any equity. liea or right undK ot by virtue ot thii a~ortga~: and ia t!w awnt safd Matgagor ihall tor ~ny nawn t~il to kep the ~aid promisss so insured. or fajl to dslivK q~omptty aay oi sald policie~ ot iaaurana to ~aid Mortg~gs~, or t~il promptly to pay fuUy any pcemium tberetor, or in any ee~pset fail to periorm, disc~ar~s, ~eute, ettect, complete, tomply ~rith and ~bide by tAis coveaaat, oc sny part hereof, said Mortgages may pl~os and pay tor such ineunnce o~ aay part thereot ~rithout waivina or aHeccing any optson, tien, equity or right nnder or by virt~s ot tlus mortgags, ~nd tbs tuU amount ot eaeh and every auch p~yrnent shalf be immediately dw and p~yabis and slull bear intee~t hom the date thereot until paid ~t the rate of ten ps~ ce~Cum psr annum ~nd to~thK with suel~ intere~t a1W1 be seeured by tbe lien ot this mortsap. To permit, commit or ~uffer ca wasts, ieapairmsnt or det~riorati~n ot wid property or any part thereot. S. To pay all and eingulu the coete, chugs~ ~nd s:pee•ss, including reason~Dk lawyer's tee~ u~d cost ot abatncts of title, incurred or paid st• any time by said Mort~ages because andfo~ in the event ot iM taIIure on tM p~rt ot the said Mortg~sor w duty. prumptly and tulty p~rfaea, di~chargs. e:ecute. eNect, oo~mplsb. oompb+ witR and abide by each ~nd every tM sUpulation~. agrMm~nt~. eonditions ~nd oovenaata ot said ~omiwory note. ~nd this aartgage. ~ny or aither. aad wid oost~. charas~ and e:pen~es, eaeh and every. shall bs immsdiateiy due and p~ysbk, whether or iat there be notice, demand. attempt to coUect ot suit peading; and ths tull amouat of e~ch and every such payment ahall bear inteseet tram the dau tbereot until paid ~t the nte ot tea per oentum per aneum: and all said eost~. c6u~ss and s:pea~es so incurred or paid, togett~er wit!? auch interest. shsll ba ~scured by the liea ot this mortgag~. 6. Tbat la) ia the event o! any M~s~c6 of this mort~~ ~or detault oa ths part ot ths Mort~igor, a(bl ia the - event any ot said sums ot awnsy hersin refured to bs not promptly ~nd luQy P~d within t~n day~ na:t ~ftar ths eame severally beoome due and p~yabls, without dsmand or ~tice, or Ic1 ia the eveat eac6 ~nd every the rtipul~tio~~. agresmsnta. ooaditton~ and eowo~nu of ~aid promia~ory oote and t63~ m~tgaaa, any or edtlro~. an not dnly. P~~P~Y +~d ~Y P~ormed. disehu~ed. e~cuted. etteeted. oomp{ated, complied ~vith and abided by. then. in ather or any such event. tse said ~ggresate ~um mantioned ia said p~omis~ory oote thea remaining unpaid. with inteee~t ~ccr~ed, and all monsys secured hereby, ahaU become dne and p~yabls torthwitA, or tAere~her, at tne option of said Mortgagee, as inlty and oompletely as if all of the said aums ot nomey were oTi~inally stipulated to bs paid on sucl~ day. anythina in ~aid promissocy note. ~nd or in t~is mort~agr w ths contnry notwithKandiag and thereupon or thenatter at the option of s~id Mortsags~, without ootios ar damand. suit at law or in equity. theretotore, or there~iter begnn. may be pro~scuted ai it a11 moneys sscured h~nby had matured priar to it~ I inaUtution. , E 7. T6at in tl~e svent tbat at the bsginning of or ~t any tLios pa~dins ~ny suit upon this mortgage. or to foreclws ~ it, or to reform it. and/or to enforce p~yment of any claims luzeundar. eaid Martgages sh~ll apply to th~ eo~rt having jurisdiction th~reot tor ttt~e ~ppantmsnt ot a Receiver. ~uch court duU to~tAwitl~ appoint • R~oeivar of sajd ~6~8~ P~tY ~D and singular. including a0 ~nd aiagnlar tM emts income pro5ta. issnes ~nd rsvenw~ trom whatever w~ros dKived, a~e6 and svecy of whic!?, it bein~ ezpwly undarstood ia hereby mortg~ged u it epecifiallY set to:td and de~en'bed 'm the granting and luDendum clanses hereof. and sncl~ Reosivar abaD 6ave ~ aU t6e bro~d and effsetive functions and po~ra in anywiss entrusted by • covrt ta a Receiv~. and such appointment ehall be m~de by snch eourt a~ an admitted equity and • matter of absolute rigtt W eaid Mortgagee, aad witl~oe~t ~ reference to tAe adequacy or inadequ~cy of the value of the property mortgaged or to the solveacy or insdvency ~ of said Mortgagm andlor of the defendanta. and thet sach rents. profita. income, isaues ~nd r~eveauee ~hall be applied by euch Reesiver according to the lein ~ndlor eq~ity ot aaid Mortg~gee and the practiee ot wc6 oo~ut. 8. It ie undentood and agreed that this mortg~ge is giwn to secure. m addition to the note ar oWi~ation ~bovs desaibed any additbaal lo~an~ a future ~dvancas mads w[th~ twenty ye~rs from d~te hereot by t6s martpgee w s~id mata~aocs o~ any ~oeM~ot m titls ot ~aid mortg~aors of the property bareby ooaveyed: provided tLat tbe ~ total un balanee of the indebtednesa sscured hereby a: an one tims sha11 not ez the amounc oi~ TEN THOUSAND SIX HUNDRED SIXTY F~VE AND 44 CENTS ~10,66~~. DolLrs ~ li l. plus int~e~t tharson ~nd any disbursements made by tse mortgagee for the payment of tuee. Isvies ar ina~ranoe ~ on the property encumbsred bersby, wit6 interest on suc6 diebursemsnts. ~ IN WITNE3S WHEREOF, the said Mortgagor has e:aruted this matgage under ~e~l on the day and year h~ein ~ first above written. ~ ~ Signed. ~s~led and de6vered in t6e preeence o!: ~ ~ r' _s _ (SEAL) ~ ~ >r ~ Lor e as sT~'i'E oF 1(O(4tK10~(d( Mi ~ i ga n COUNTY OF 9'~X~GIQ~F~ ; John Metas and Lori Metas, hiswife of 411Q Crooked Tree _ Before me P~~~r •PP~~ ~ S.W., Wyoming, MI. 49509 to me w~tt known ~ad ltib~is to to bs t6s individuaL.S de~ibed 'm aod w6o ~~.vt~d ch~ f ~i~ oeegoina instivme~k ~ and acknowbdg~d b~fort-~.~t ...~#ib.:yezecuted tbe ~ams tor tbe p~upoas~ tA~in e:presssd- ~ . - wr~rtvESS ~?.~'~t .aa:,etf~.t "~.t cw. 30th d,y ~ December 19 77 - . ~ . - . ~ ' N Publie in and far - ~ _ ~ tlw County and 3tate Afore~aid. , FGGi(~ ~r,t~ ? ~~'~'si,~o~' . ?,~••,.~'ubt:r. Sroh ~f ~'srido of terp~ ~ • ~ _ My ~,o~r.:nhsq~ :rp+tet Apti1 6, 19$0 ~~~~.d br Am v con Fi•c i Cati,:_:+~ x~~ - - _ : - - ` ~s - s _ . ~ : _ . " . - _ .