HomeMy WebLinkAbout0595 . ' •`,:r ~"~r~
prior to entry of a jud~ment enforcin~ this Monga~e i[: (a) Borrowe~ pan Lende~ all aums which would be the~ due under
this Mort~age, the Note and aota securin~ Futurc Advances, if any. had no acceleration occurred; (b) Borrowe~ cura ±
all breachas of any other ooveasats or asroemena of Bormwe~ contained in this Mon~age; (c) Borrower pays sll reasonable ~
expea~s incurred by Leader in enforcins the coveoaats and asreemeats of Borrowar contained in this Mortpge and in
eaforciag Lender'a remedia xs provided in para~raph 18 hereof. includin~, but not limited to. reasopsbie attomey~ fas; and .
(d) Borrower taka auch action as l.ender may rcasonably require to a~ure that the liea of this Mortpae. LeadeCs iaterat
in the ~roperty and Bon+ower's Qbligation to pay the wms securcd by this Mortgage sha0 continue uaimpaired. - Upon such
paymeht aad cun by Borrower. this Mort~age and the obligations socured henby a1w11 remain in full force and elfect as if t
no accekration had occurred. • ~ ~ ~
20. Aad~wMeat ot I~eotn Appoiitaeat ot RsceWtr. As additiona! securiry hereunde~. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandar
me~t of the P~+operty. have the right to collect and rNain such reats as t1~ey baome due and payabk.
• Upoo aoaleration uader paragnph 18 hereof or abandonment of the Property. I.tnder sbaq b~ eatided to have a ~
receiver appointed by a court to enter upon. take possession of and manage the Property aad W coliect the rents of !he ~
Property. incluidiag those put due. All nnu _ collected by the receiver shalt be applied flnt to payment of the costs of +
maaagement of the Property a~d collection of rents, including, but not limited to, roaiver's fas. ptemiums on receiver's ~
boads and ressonabk attorney's feas, aad then to the sums secured by this Mortgage. The receiver shall be liable to accouat
only for thoae rents actually reaivod. . . -
Zl. F~tar~ Adra~e~+r. Upoa request by Borrower. Le~der. at Lender's option within twenty yeus from the date of this ~
Mongage. may make Futurt Advances -to Borrowe~. Such Future Advaoce.s, with interat thereon. shall be secured by this
Mort$age when evidenca! by promissory notes statiag that said nota are secured hereby. At no time s6a11 the principal ~
amouat of the indebtodaess socured by this Moctgage. not including sums advanced in aooordanoe herewith to protect the I
security of this Mortgage. eacaed the original amount of the Note plus USt- ~
22. Rde+ra Upon payment of aU sums sceurod by this Mortgage, Lrnder shall nkax this Mortgage withont char~e :
to Borrowe~. Borrower shall p~y aU costs of recordatioo. if aay. ' `i
23. Attorwey'a Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any, ~
which m~y be awuded by aa appeUate court. ~
~ IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
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Signed, sealed and deliver~ ~ ~
in the D~esence ot: " (
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-~!-.~<!r: j . . . . . (SC81)
~ nn ~ rris on~ ~~haxd A. ~ Vine -earow..
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. . . . ~thony Asher . . . . . . . . . . . . . . . . . . . Antoinette LaVine. . . . . . . . ~
MICH~GAN y~ ~j - '
STATE OF~ . . . . . . . : . . . . . . . . . . . . . . . A~4F+A4~A.CO11Ilt~l SS: ~
I hereby certify that on this day, before me, an o~'icer dul authorized in the state aforesaid aud in the county ~
aforesaid to take acknowled ments, personally appeared. . . .~ICHARD A* . I.1AjTINE.~ . . . . . . . . . . . . . ;
,,~jj~j'~'.Q~~.~$~T.T~T~' to me known to be the person(s) described in and who executed the #
foregoing instrument and acknowledged before me that. ~'LP~y. ...executed the same for tbe ~Purpose therein . ~
expressed. ~ ~
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I~ Wrrt~ESS~q~hand and official seal in t~county and state aforesaid this. 8th f:;;1~." :;,;ii4y of ~
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. . . . . . . . . . . . ~9. . . / . _ ~ a, = :
10-24-78 / ~ ~a.
My Commission expues: ~ . . . . . . . . . . . . ~ ' ~ ~ ~ - ~
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~ C. Ncros Tilton. P. A.
Atiorr,ey at l.aw g
P. O. g~x 526 €
~h~ (-londa 33457 ?
,jer.:en 8ea ~
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(Sp~ce 6Now This L"erN Rssav~d For Leoder and R~corde~ ~
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