Loading...
HomeMy WebLinkAbout0024 ~ 4 } 1 1 18. T)~et tiie Muri~a~a~a ~it! give immediate notiq by map to th~ MoRgagee of any co~veyanc~. trsnster or changt oi i ownarship ot the premises. ; C 11. That no waiver of any covenant herein o~ of the obUgation secured heroby shsll at any time thereaiter bs held to be 1 a waivar ot the terms heroof or oi the ~ote secured heroby. ~ 12. That if the Mongago?s detault lo sny of the covenants ar agreements contaioed herein, or said note then the ~ Mortgagee msy perform the same, artd all expendituros (Irtstuding reawnable atto~ney's fees) made by the Mortgagee in so doing shall draw interest at the rate of elght percentum (89f,) psr annum, and shall be ropayaDte immediately s~d without demand by the Mortgagors to the Mortgagae. and. together with interost and costs accruing thereon, shall bs secured by this mortgage. 13. That the mailing of a written notice o~ demand addressad to the ovmer oi rocoM oi the mortgaged pmmises, or directed ~ to the saW owner at the last addross actualy tumished to the Mortgagee. or directed to ssid owner at said moKgaged premises, and mailed in the United States maib, shall be suNkFent notice and demsnd in any case srising under this instniment and ro- quired by the provlsio~s heroof or by law. 14. This Mongage shall sacun ~ot ony existing indebtednsss, but also such futuro advances, whether such advances ara oWigstory or to be made at the option ot the Mortgagee, or othenrise. ss are made within twe~ty (20) years irom the date hero- ot. to the sams exte~t as if such futuro advances were made on the date ot the ~xecution of this mortgage. but such secured indebtedness shall not exceed at any time tha maximum principal amount oi = 3~4 ~SQO. 00 . ptus interost, and any disbursements made tor the payment of tazes. levies or Insurance, on the property covered by the tien oi this mortgage, with ln• terest on sucb disbursements. 7he covenants hereln contained shall bind, and the banefits and advantages shall inure to, the rospectiva heirs. executors. administrato?s and assigns of the ps~ties hereto. Whenever used, the singular number shall include the plural, the plural the singu- lar, aod the use of any gender shall include all genders. IN WITNESS WHEREOF. the said Martgagors have hereunto set their hands and seals the day and yea~ first aforesaid. Signed~ seated and delivered in the presence of: ~ ~~C~~t-' - ~~L.. LG - GL-- . ~ t cs~?~~ James R. Clarke Janis BonnaniS ~ ~ ~i t >-r: +C / / ~LC~~ ` 3 y Brannock ~ ~5~~~ Erika Bormanis (SEI1L) (SEAL) STATE OFf MiCh~gan u: COUNTY OF~t~-LuC3A I~lamaz Betore me, the underslg~ed authority. on this day personaly appeared ~TdT11S BOTii13I11S a^d F~'~Cd BOYii1dT11S , his wife, to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they ezecuted ihe same for the purpose therein expressed. ; WIT(VESS my hand and o~cial seal this 17th day of January ig 78 , _ ~ ~ Natary PuG~~e ke ~ : My commi ' n expires: ~ r'- Februar3?`~Q, ~ 81~ r - - - . - " . ~ ' ~ t = , ~T, 1~ O~~TY ~~~''r"`•. .~rc~'~, ' ~ CtR NG~tR~S T _ } CLERK CIRCUIT OOUR , vf~i.'IED JaH 16 I 3a PH'1~ - 3~9i~0~ g~~ ~i ~ 2~ . ~