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Home My WebLink About0283 . . . , ~ , _ rr- i - ~ . . . ~ - z • • - - , - , - _ - . ~ : . : - _ . s. j . ~ . ~ ~ ~ f?' S i f.•. ~ G 4 44 .4 -+s ~i'r S.4t ?t .•~r~i t.S? s..'.~. ~i N.' 4Sl.f S. L 4t.4Lt.4 S. L4' S. L~i~.4 61.L O _ ---26_,~000._00---._--. ...March_.16_._..---------- 1!?-9- ' rOR VALNE RECEIVED, fh~ vnd~rsi~n~i, j~ntir and s~v~~aiiy, ~iE~iHiif~ T~ ~11T h i~~ ~~air ' ---.~IIT~iQN~.T~ TA&,~I and_~RGA?R~~.kl~---TASfix...._.his_.~ntif~.._.____~----•------•-•---._.... _T~.~.~c-.~~~_~t~9~At~Q A~1~2._NQ~l~.a__-.-.-~M ~ow?RS, _.104~0~ A~?~~A~p~.. ~~...?_Q.._.J~31,~~-D---~~d~~3...--~.1QLLS~.d__.~3.452---------...~r wd+ eth~? plaa ~s tl~ holdsr % h~rwt m~y d~don~N in wrifino toONh~r with int~»st from __~d~~h~~~Qf at th~ nh ~f 4$-------_._ p~r c~ntum p~~ ~nnun+ o~ th~ u~paid balanc~ unNl ~naturit~?. Th~ said p~incipai •nd int~~~st shati ~ be du• and payabl~ •s follows: ~ $260.00 on the 16th day of April, 19~9 and $260.00 or more on the 16th day of every month thereafter until the total sum be paid in full. The ~ entire balance of principal and interest remaining unpaid as of.March 15, ~ 1983 shall become payable in full. ~ THIS IS A BALLOON NOTE. ~i H~Iwk w wai~ f~t 10 ~~~n ~w ~M rar~w.w~ d.wy iwsupw~.w~ d~ri~~~,l M i~Nr~s1 k My Met IMrNi. tl» rrlwl~ ~~w~ 11N~ wwuiwiq ~w~~i~ vriM i~hM+N sA~b M 1»I~r'~ ~~Mw bc~wy rw ~w~ ~ay~rM ~ritl»w w~eiu. f~ilw+ h~a~rciw wcA ~1i~w ~?~N wN s~wstihrN a waiwr fl» ~.:~7~t b~i~eciM ~M uww i~ ~~ww~ s~?w~ww~ ~farlt. Af?~r ~watw+ty M16 ~?iwci~al aw~ aiaw~ iwNrM ~Aall ?~N iwhhst N. 9 Mr ~~ww~ ~ ~.r «w~ wM ~i~. ii» w~kMS a~ ~wJ~rs~n ~f N~is wN~ fvrtMr rr~i+~ ~wuar. wNiu ~f w~~yw~w1 ~w/ ~e~Nq. N N~is w~N is wN ~ai~ N~ ~waw?ih ~w~ 11» a~~ i~ ~la~~~ ~ri1* aw ~n~n~y h~ i~N~c1:~w. NN w~k~n ~w~ ~wJ~rNra A~erd N r~r ~N. e~us ~i i~Meti~w. iwcW/'sN ~N i~w1 ~ ; c..e. .w~ ..a..w.?b .M.nNy f.«. S ~ ~ ~ - RICfIAItD6CN & IaNG, a Michigan Oo-Partr~ership ~ Q ~ , . ' ~ , BY'.lh:Lfc-.~,.~. ; % c.,./.,~_ 1.~1.._J- - (SEAI) ~Delwin B. Richardson ~ ~ ~ ; ~ ~ . - ' , ~ - . . . . . . (SEAL~ : AM~af: .tx ~ - - , , , A i,~~, . • ~3arfie5 i . l.c~~g J ~ . ~ ~ ~ ` _ _Q!_)?t_ _ IS~?l) ~ ; , - _ _ . . _ . i.~j~~'fi~S~s~~l~i~tfH~i~i~i~i~i'i~i~i~i~~i~i~?~i~ i~i~i i~i :~~~i~i~~i~i~i~ •~i~i~~`i~.~~i~i~il.~i~i~i'~iFi~i~i~i~i~i i:~i~i~i i~~~~~i~i~i~i~i~i~Yi~'~i~i~i~i~~~~~ _ s f and shall duly. prompUy and fully pertorm, d~scharge, execut~, ef[ect, completP, romply w~th and abid~ b~ a~h ~ and every the stipulations. agreemente, cond?tions and coyenants of said promissory note and o[ thb mortsa~, then thfs mortgage and t2~e eatate hereby created shall cease and be null anu void. It ~s underatood that eacb of the wonls, "note." "mortgagoC' and "mortgagee" reapecUvely and We prnn- ~ ouna refemng thereto, whether in the singular or plural anywhere in thta mortgage, ehall be eingular !t one only and ahall be plural jointly and aeverally, if more than one, and shall be ~nnsculine, teminine and/or neuter. wheeL - ever the context so impliq or admits. ~ And uid ~ortgagor for hlmaelt and his heira, legal repreaentative~, succesaors and asaigns. hereby rnven- ~ ants ana sgree+ to and with satd Mortgagee, his legal representatives, successor~ and aaaigns: 1. To pay all and singular the prtncipal and interest and the vartous and aundry sums ot money payable br virtue of sald pmmiasory note, and thls mortgage, each and every, promptiy on the days reapectively the sam~ uverallv heenmw duw. ~ - i 2. To pay all sad singulsr• the t+ucea, asaessments; levies, liabilities, obliRation~ and incumbrances ot every nature snd kind now on said deacribed property, and/or that hereafter may be impaxd, suffered. placed,~levied ~ or aaseaaed thereupon, and/or Lhat herea[ter may be levied or assessed upon this mortgage and/or the indebted- neas secured hereby, each and every, when due and payable according to law, be[ore they become delinquent~ and before any intereat attache~ or any penalty is incurred; and in so far as any thereof ia of record the same ; ahall be promptly ~atiafied and discharged ot record and the angina! off~cial document (such aa, tor inatance. ~ Lhe tax receipt or the astiataction paper of[icially endorsed or certified) ahall be placed fn the hand~ ot aaid Mortgagee within ten days next after payment; and in the event that any thereof is not so pa1d, asUsfied 4r?d _ t dlscharged, sald Mortgagee may at any time pay the aame or any part therenf w~thout wai~~ing or a[tecting ; any optibn, lien, equity or right under or b~ ~•~rtuP of thia mortgage, and the full amount ot each and every ~ ~ auch payment ahall be immediately due an~1 I~ayable and shall bear intemst from the date thereot until patd at the rate of ten per centutn per annum and tagether with such.interest ahalt be aecured by the lien ot thii i ~ mortgage. ~ ! S. To place and coatinuously kePp on the bulldin~a now or henafter eftuate on satd land fire and wlndstorm ~ insurance in the ususl standard policy form, ~in a aum not less than i-.~}~~-gI~ ~aiq~~ ~-r-•. 1n such com- F ~ pany or comp^nies aa may be approved by sai~l hfort~a~ce: and all such Insurance pilicies on any of said build- i inga, any interest therein or part thereof, in the a~~regate aum aforesaid or in excess thereo[, ~hall contain ths g usual standard mortRagee clause makin~; the l~~r~9 ur.dnr said policiea, earh and every, payable to said Mortga- ~ gee aa his Interest may appear, and each ar.d every surh policy ~hall be promptly delivered to and ttdd by said Mortgagee• and, not lesa than ten days in ad~•anre of the expiration of each policy, to deliver to satd Mortgagee fi a renews) ~ihereof, to~ether with a receipt f~r th~ pr~mium ~f m~~h rPnewal; and there shall be no such insur- ;j , ance placed on any of aaSd buildinRa, any intereat therein or part thereof, unless in the form and wfth the loss ~ ~ payable aa atareaaid: wnd ia the e~ent xny sum of money becomea payable under such policy or pollcies aaid MortRa~ee shall have the option io receive and appfy the a+ame on account ot ihe indebtedneas secured hereby or s to permit said Mortgagor to receive and uee it or any.part thereot tor other pur~oses without therebq walving ~ or impalring any equity. 1(en or riRht under or by virtue of thi~ mortgage: and in the event eald Mortgagor ahell S for any reason feil to keep the said pwmi~es so intur~d, or fail to dellver promptly any of aald policiq ot insurance to said MorigaRee, or fail prompUv to pay tnlly any premium therefor, or in any respect Lafl to per- form, diacharge, execute, eftect, complete, comply w~th and abide by this covensn~ or any part hereof, said Mortg- agee may place and pay tor auch in+urance or any part thereof without walving or atfecUng any option, lien. equity or right under or by virtue of this mortgage, anJ the [ull amount ot each and every such payment ahall be fmmediately due and psyable nnd ahall bear 3nt•rest from the date thereot untU paid at the rate ot ten per centum per annum and together vrith auch interest ahall be secured by the 11en ot W~ mortgage. ~ 4. To pernnlt, commit or sutter no waete, tmpairment or deterioraUon of sald property or any part thereol. i ' 6. To pay W and singulu the co~ta, charges and expenxs, tncluding reasonable lawyer's fees and caat ot • ab~tracts of tftle, lncurred or pald st any tfine by safd Mortgagee because and/or In the svent ot the fallure # on the part oi the said Mortgagor to duly, promptly and fully perform, dlscharge~ e:ecute, effect, complets. complr with and abide by each and 4very the atlpulations, agreements, condiUons and covenanb ot esid promis- f wry note. and W~ mortgage, any or elther, and safd cwts. charges and e~tpenses, each and every, shall be Im- medlately due and payable, whether or not there be notice, demand, attempt to collect or sult pending: and th~ ~ full amount ot each and every such payment ehall bear intereat tmm ths date Wereo! unW pald at the rate ol ten per centum per annum; and all safd cosb, crarge~ and espenee~ w mcure+ed or paid. together w1t2i auc6 fn- ~ tereat, ~hal! bs ~ecured bp ths liea of th1~ mortgage. x r 2 ~ ~ ~ g~?~K ~U6 283 t ~ ~ ' ~ y ~ .Y~~~yyy ~`~~"b+%h.~-._ ~c ~r.;~. ~c~. y-a.- _ - . . . - ~ , nar c~.