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prior to cntry of a judpnent enforcing thu Mon~a~e if: (s) Borrower pa~ Lender all sucm whicb wouW be thea due uader
this Mort~ tba Note aad notet securina Future Adva~ces. it any. had no acoeleration occurred: (b) Borrower cures
al! breache~ of any other ooveaaats or asreements of Borw~ver contai~od in this Mortga~e: (c) Borrower pays all nasonable
expea~a incurred by L.endet ia enforcia~ tl~e omr~~ants and ~Sreemeats of Horrowa contai~od in th~ Mort~aga and ia
eotarcit~ Leader's remedip a~ pwvided ia ~anp~api~ 18 heeeof. inciudin`, but not limitad to. raawnabie attomey~a fas: snd ;
(d) Borrower tska such sction ss Lende~ may reasonably requirc to auurc that the lien of thb Monpge. Leader's iaterat ~
in the Pt+opert)? and Bor[~ower~s obligation to pay_ the suma secueed by this Mort~a~ees shall continua uampaired. Upon auch
payment aad cure by Bonrnver. thu Mortpge and the obligatioas secured henby shaU rcmain in full force and etfect u if
0o sa~ele~atioa had occurred. .
20. A~eN d lteat~ AMohta~t ot Recdver. As additional security hereunder. Borrower hereby assigns to
Lender tbe rents ot the Pc~operty. provided that Bornower shall, prior to accekration under pua~raph 18 her~of or abandoo-
ment of the Property; have the right to collect and retain such nnts as they baome due and WYubb•
Upon aooderation under puaanph 18 hereof or abandonment of the Propecty. I~eader sball bt eatitkd to have a
receiver appoiated by a cotut to eater upon. take possession of and maaage the Property and to colkct the nnb of the
Froperty. includinj thae p~ut due. All rents oollected by the receiver shall be appliod 6rst to payment of the costs of :
maaa~wneat of the Propecty and coUection of rents. including~ but not Gmited to. roceiver's fas. pcemiums on receiver's ~
bonds and reawaabk attorney's f~es. aud the~ to the sums secured by this Mortpge. 'Ibe rooeiva shap be lisWe to accouat ~
only for tbox reab actually received.
21. Fdrre Adrarcd. Upon request by Borrower. Lender. at Lender's option within twenry yeus frnm the date of thi: ~ j
Mortgage, may make FLtun Advanca to Bomower. Such Future Advances, with inurat thereon. ahall be seewed by this ;
Mortga~ when evidenoed by promissory nota stating that said notes are securcd hereby. At no time shali the principal ;
amouat of tbe iadebtedness :ecured by this Mortgaae, rwt including sums advacked in accordance herewith w pratect the .
security of this Mortgsge. exceod the original amount of the Notc plus USS. . • • - • • • • • • • • • • • • • • • • • • • • • • • •
22. Rdeaa. Upon payaneat of atl sums secured by thi~ Mortgage, Lender shall release t6is Mortgage without charge
to Horrower. Borrow~r sball pay all coats of recordation. if any.
7~ • ~ • Q~~ .»~i iw ~{~i~ Lfnrtsss~ ~nt! in tF.' Nnte_ "attornev'e fac" S~If~~ inclode attornev's fees, if any.
which may be awuded by an appellate court. _ - - - - • _ - ~ -
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IN WiTNESS WHER80F, Borrower has exec,pted this Mortgage.
Signed, sealed and deGvered ~
in the ~r na of: '
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Fred a. flo ~ lebeek -soRO..? ~
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.'~r.~~C~ . . . . . (Seal) ~
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othy~llebeek -so~~
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Michiqan Kent
STwTE OF~? ....................Countyss: ~
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ~
aforesaid to take acknowledgements personall red. . . . . . .~Ted. A•. Aallebe~lc .Rnd . . . . . . . . . . . . . . !
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i ,,,,,,,,Dorothy, L;,Hollebee~C,, ~}iS ~~~~lcnown to be tbe person(s) described in and who executed the s
~ fongoing inatrument aad ackaowledged before me that ...~4Y. eaecuted the same for the purpose therein ;
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; expressed• ,
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WtrrtESS my hand and official seal in the county and state aforesaid this. j...day of
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~ My Comaniuion expues: "
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- •~p_ ~ . nonn? ~,wk -
` ` ~t ~1A~R'~.N LEE HOLLEBEEK `
s ~:HO~y Pubti~ Kent County~ Mich.
~ . - :My,L1Qin~?tission Expires Apri121,1?R2 -
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