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p~ior to entry o. j ment enforcing this Mortgage i[: (a) Borrower pays Lende~ al) sums which would be then due under
this MortQap.~ nota socuring Futurc Advancu, if any. had no aceeleratioo occur~ed: (b) 8orrower cures
all breaches of an covenaats or a~reements ot Borrower contained in this Mort~agt; (c) Borrower paya all rtasonable
expeas~s incurrsQ by Leader in euforcing the cove~ants aad a~raments of Borrowe~ coatained in this Mortgage and in
~ euforcin~ L.eu'der': nmedia as provided i~ pa~aQnph 18 hercof~ including, but not limited to. reuoaable attorney's foes: and
(d) Borrowertakes such action as Lender may naao~ably rcquirc to assure that the lien of this Mortgage. l.ender's iaterest
in the Proparty aad Borrower's obligation to pay the sums securcd by this Mortgage shall contiaue unimpaired. Upon such
paymeot and cure by Borrower. this Mort~age and the obligatio~s securod hereby shall remain in full force aad ef[ect as if
no acceleration bad occurred.
20. Asd~~wept of Reota Appoi.tmeot ot Receiver. As additional security hereurtder. Borrower hereby assigas to
Lende~ t1x renta of the Propeny. provided that Borrower shail, p~ior to acceleration under paragraph 18 hereof or abandon-
ment of the Property; have the right to collect and retain such nnts as they bocome due and payabk. .
Upo~ acceleradon under paragcaph 18 hereof or abaadonment of the Properly, Lender shall be eadtlal to have a
roceiver appointed by a court to enter upon. take posseuion of and manage the Propecty and to wllect the reats of the
Property. includin~ those past due. All rents collected by the roceive~ shall be applied fint to payment of the coats of
management of the Property and collectioa of rents, including. but not limited to. rtceiver
s foes, premiums on receiver
s
bonda and nasonabk sitorney's fees. and then to the sums secured by this Mortgage. The receiver shall be IiAble to account
only for those nnts actually received.
21. Foture Ad~aace+~. Upon roquat by Borrower. Lender, at Lender's option withio twenty yesrs from the dala of this
Mongage. may make Future Advancea to Borrower. Such Puture Advances, with interest ihercon, shall be secured by this-
Mottgage when evideaced by promissory notes stating that said nota are secured htreby. At no time shall the prit~cipal
amount of the indebtedaess secured by this Mongage, ~ot includiag sums advanced in accordancx herewith to protect the
security of this Mortgage, exceed the original amount of the Note p(us USS . . . . . . . . . . . . . . . . . . . . . . . . . . .
?.2. Rdeare. Upon paymeat of all sums secured by this Mortgage. Leoder shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordatan. if any.
23. Attoreey's Fees. As used in this Mortgage and in the Note. "attorney's feas" shall include attorney's fees, if uty,
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Bonower has executed this Mortgage.
Signed, sealed and delivered
~ in the presence of:
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' - ~ -~~6~ ~~7 ~ L~` lacB-~e~,/ -----J
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~ B. Tinm, a single man '~0"'01M"
.~j ..........................................(Seal)
-eo.wwK
State of Michigan Macomb . _ . , , , . ,
I hereby certify that on this day, before me, an ofi'icer duly authoriud in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. . . . . . Ra~p~wi. B.. ~t[n, . . • • . . • • • • • • • • - • • • • • • •
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me knawn to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that h~. executed the same for the purpose therein
expressed. - _
! WtTHESS my hand and official seal in the county and tate aforesaid this.........28th ..........day of
i ......:......December......... 19 78....
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My Commission expues: ~ ,
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~ ~ « He lene lri~gg~ r.r.~~ry
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~ Noinry PubLc, Q:.~land Ccunty, M:ch.
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f • , My Comm. Exp~res 1~lorch 2-i, 1981.
~ Acting in Nacomb County
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