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prior to aatry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Futuro Advances, if any, had no aa:eleration occurred; (b) Borrower cures
all breaches of any other covenants or agnemen4 of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in tbis Mortgage and is
ea[orciag Lenders remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's' fees; and
(d) Borrower fates such action as Lender may reasonably require to sssure that the lien of this Mortgage. Leader's interest
in the Property sad Borrowers obligation.to pay the sums secured by this i4lortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage sad the obligations secured hereby shall remain in full forces and effect as if
ao acceleration had occurnd.
- 20. Asigrrseut o[ Rem A~oLkasent of Receirer. Aa additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents as they become due and payable.
Upon accekratioa under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a
receiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rents of the
Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bond: and reaaoaabk attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those real: acritally received.
21. Fytstre Adrasices. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of thu
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage robes evidenced by promissory notes stating that said notes are secured hereby. At no time shall rho principal
-amount of the indebtodnas secured by this Mortgage, not ineluding sums advanced in accordance herewith to protect the
security of this Mortgage, exaod the original amount of the Note plus USS
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall ukase this Mortgage without charge
to Borrower. Borrower shall pay all costs of rernrdation, if any.
23. Attorstey"s Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if say,
which may be awarded by an appellate court. ~ -
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presen of: -
~ ..(Seal)
John Everts Heru~~Schippers .-aor~..
. seal,
dean E. Halioran Lertelene L. Schippe -sOf^°""'
Michigan Kalamazoo
STATE of , ....................County ss:
I hereby certify that on this day, before me, an officer dulyy authorized in the state aforesaid and in the cotu?ty
aforesaid to take acknowledgements, personally appeared ..'..k~eXlX'y. P...SChippera and. Lertelettie Zl. .
..S~k~~Rp~~'S,. ~l~$.~Y~~~ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that they .......executed the same for the purpose therein
expressed.
r~
WITNESS my hand and official seal in the county and state aforesaid this ~ day of
.....~~Y 19..
My Common expires:
- ::~!t`~~!': I'f Notary Public..
~ ~ JOHN EVERTS
~ n`11 .s s Notary PubBC, Kalamazoo Gou:,,y, ,
• t 1:chi~an
, ' -My Comnision E::;,,~~-s ~f,:.. _~~.2
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1rl~lflltllllll111~~`
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(Spste Below This Line Reserved For Lender and Recorder)
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119 hAY I6 PEI i2 t:2 f .
~1! lEl
C~E COUNTY Ft`
A. C. NORRIS TILTON
f~C~GER POITRasi ATTiiRf.~ ~ AT caw
C[ERK CIRCpi C Box St6 ~
RECt)RO YERIF!ED
JENSEN BEACM, FLA.
4445`7 ~ 33~sq
BOOK ~UO PAGE 2660 -
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