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HomeMy WebLinkAbout2799 t • ~ t ~ ~ ~ r • ~ 'i~at l~~ in th~ ~veet ot any br~acA ot thb enort~~ or A~t~ult on th~ part of the I?tort~~~or, or Ibl lO ~ t?N ~v~nt ~ny ot uia aums ot mon~y h~reta nt~rr~d to M not promptly and t~Qly paid w~thin ten day~ ~~xt ~u~ ~verally becom~ du~ and payabls. r?ntl?aut demand or not~ce, or ~ c 1 m the event each ~nd tv~ry th~ ~ppul~tlana, ~rcement~. cond~tiona and covenanta ot aa~d p~om~ss~iy n•~te •nd thia m~~rtga~e, any or elther. an not duly. promptly and fully pertorm~d. d~uha~ged. executed, ef(ected, completed, compl~ed w~lh and ~O~d~d ~ by. th~n. ~n eithe~ or any ~uch event. th~ wJ as~r~sate sum m~•nt~nned ~n sa,d prom~s.~ory note thee rema~Nns ~ unpa~d, with ~ntr~e3t accrued, and all moneys sea~rW h~~reby. shail becum~ due and pays0le tortAwith, or thtn- stte~, a[ the option ot sa~d lrtorteagee, as tully a~d completely ~s ~t all ot the aa~~l sun~~ ot money w~n oris~nall~r ~ ~t~pul~ted to be pa~4 on such day, anythlns ~n u~d prom~saory noee, and or th~s niort~age to th~ contrary not- ~ w~tAstanding; ~nd thereupon or therestt~r at tAe opt~~~n o[ sa~d Alort~aRee, ~.•~thout ~otice or demand. ~ult ~t 1~w or ~n equlty. theretofoM or thereaitsr Oe~un, may be prwecuted aa ~t all moneys secured hereby had matus~d : peior to it~ ~nstltuUaa ~ 7, Th~t U? tA~ a~tnt th~t at the bKfnntns of or at an~ tlme pending any auit upoe thts mort~ar~. or to ~ lorecloss 1~ or to reform It, and/or to entorc~ payment ot any ctaims hercunder, aa,d Mort~Cate~ ~hW apply to ths court havins ~urisdictlon thereot for tAe appointment ot a Rr~-e~ver, such court ahall torthwith appolAt ~ a Recelvee ot ~aid mort~aged property a1~ and unaular, includinR all and a~ngular the rents. Inco~e, profitar Wuea and tev~nue~ trom whatrver ~ource denvM, ea.•h and every uf whtch. ~t bemR expres~ly understood. 1~ htrsby mortgaged au if specit~cally set torth and deacrit,ed in the Rr:int?ng and ha0endum clause~ hestoi. atld wch R~ceiver ahall have rll tM broad and ettect~ve tunct~~n~ and p~~~~~ ~s ~n ,?nyw~se entruited by a court , to • A~ivtr. and such sppointment ~haU be made by ~uch court as an admitted cqulty and a mattar ot ~b~ ' ~olub titht to uld I~tort~y[e~. and without roterence to th~ adequacy or I~adepuaey ot the ~alw ot th~ prop- ~ ~rty mort~ed or to t1~a wlveney or insolve~cy ot ~ald ~tortgaSor and ~or ot the defendants, and that ~uch ~ rent~. peotit~. lneome, issuea and reve~up ~h~ll be applied by such Recel~~er according to the lfen and/or putty ot u1d ~[ortsssea and tha practica ot auch court. 8. It is undentood and agreed that this mort~age is given to secure, in addltion to the note or obligation above described any additional Iwns or future advances made within twenty years trom date hereof by the mortgagee to ~aiet mortgagors or any successor in title ot said mortgagors ot the property hereby conveyed; provided that the total unpa~d balance ot the indebtedness secured hereby at any one t~me shall not exceed the a m rincipal amount orNine Thousand ~nd No~l~~-----------------DO»~T~ Q~-_--_}~..plus interesi thereon and any d~sbursem nts made by the mortRaqee tor the {iay- ment ot taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. II~t V{in'rT~38 vVHERbO!'. N~ uld Nortrasor Mu ~Yecuted this mortta~e under seal on the dar and yeu t?~rein titst aDov~ wMttm gl~ned, ~ea! d dellvered In the nce ot: (1)~ ~ ~ ~ ~2~ ...~.`'~."'~`-'c~---7'':-.~a ~~I~f~ ~l ~ _ ~ ~ ' . ~ ~ V ~ ~ • ~ X ; Michi an _ ,I STAT6 OF.... ..............._.Fa............._ _ ~ ~ ; ' ; COZJNTY OF..__Hl]~t~Il--• z ~ ~ s~co ma perwna~ty ~Ppeai'ed-•-•-----...J~1M~S...F......HAMI.LTQI~._.and__LILLIAN...M_....HAMI.LT~Di, his:. ~wi~e ~ . { i ~ ~ - . - - - - - - n and known to m~ to Ae the ~ndividual described in and who executed the foregoin~ fiutrw ` `ag~~~~.•~i[qwledged betore me that t.he.~ e:ecuted the same for the purpoxr tharew expressed. . v • , , j ` ~ ~ . ~ ~ :t~, 3 , ? 9~. ~ _;x: ~ ~33 my hand and of[Iclal .~.i uu......~ ..aay ot___.. .s ~ ~ti 1. ~ iM ~ - . ~ ~ _ ~ : ~ y~a s„ . . • _ ~ ~J ; , :;r i :~.t': s; . : ~ ; . . ._..F..'~_ ~ , .•~~j Notary PubUc ln aad for ~ '~,~~/C .~~7+~~ the County and Stats Aforesdd. °°~3~`~! ~ ELiZABE'ri~ M. ~~R My commission expire~: y~ ~ ~iti ' ~ _ ~ BTAT~ OP'.::otacx.Pucli.:-: N~uohiQn.~o- bfictuqan ~ y ~ My Commissioa Expic~ee ~ ~.1980 ' ' COUNTY OF•-•-•• ~ ~ ~ Hefore me perionally aPpeared--•••--•-•-- F ; W m~ w~ll IQfON?n aaA ~ ' anb• ~ known to m~ to be the ..............._.......-----•---.......Prrfdent an~__._._..._.__.._.._..... B~cr~tar~ c - ? t?N CO~OT~~lOa ~ ' re~pectlvely ot • ~ . natned in We tore~oln~ iiutrumwt, and lcnown to me to Ds th~ psr~otu who a~ nuh ottlc~n ot aafA eorPorstfo~. » - ; executed Ne same: aad then and th~n th~ ~atd.--••-•-----..~..--. .........................__........~...aaA t1N salA ~ -----._._....__._._..a~a u~o.~?i.es. eaor. m. cnac .ara ' - ; lrutrument 1~ the tree ~ct and d~ed of safd eorporatlon by them nsp~ctlvely esscut~d u such oMcyr~ toe t1~ ~ purpoaea th~nin exprea~ed: that tM ~e~l thereanto attacheA li th~ corporRts ~eal by tl~~m Ui Wc~ c~p~clty ~t- r fliccd: W und~r authorlty In theM Qulr vqt~d by tb~ Board oi Dfrnton ot sald corporatlon. ~ ; ._d~ ot..........._ lY.._.._ l wrrrnss my n.,w .ae ocn~w ..ai w.----........_.___._. y ~ 450161 I ~ t ~ 19~9 J!J'. -S PI~ I: ! 5 tNh. ~ir °.~a a aa i%r...?a ~ I ~ ~[r oommf~don ~spir..: ~ FILEO aHr F; ~f~ku~ U ~ ST.LUClE COUVT1:Fir'.. RGGER PGITRA5 _ ~ ~ ~ CL~RK CIRC.':; GC~4' c _ ? v J J ~ . ~I ~~J i ~ gQkK 311 279? :