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Home My WebLink About2992 4'~ _ . - - ' - . . . _ . ~ i . ...1 ~ t , , . i;. : i: ~ 45t~2'75 ~ . ~19 JtA- 's ~ ~ 25 ~ o ~ A. ~lt ~p ~RIi1ED sha0 haw ths optioo to trosiw ~nd apply the saiw on ~oooant oi tM i~ebtednss~~6i+d Mnlry c~ to pennit a.id l~tcrtaa`or w nc.ivs..nd u,. it a aqp p.rt c~.cwf icr otl~ p~epo.e. wtchwt c~by. waivio~ ac imp.Mns Ra~ equity. Ita~ oe ri~ht under or by virtae of this a~ortg~s; ~nd ia tbs event s~id Martsaaor d+sU far ~q~? rw~oa hi1 to 1wp tbs ~id praai~s~ ~o inwred. ot tail w deUve~ pe~omptl7 any of ~aid polic~ ot ituurmo~ ~o nid Mo~ss.ae., or hD pe~ompctp co p.r ~Y ~r P~um cl~erefor. or in anr re~peec tait to psrtaem di~cdrt~. ~cuts. eftect, coa?Piste. oomP~y with and abide by this eovdunt, or any part Aereof. ~aid Mo~tgagss m~r p1~a ~nd P~Y foe wcl~ iasurancs or my pat the~eof without wraivina oe ~tiectii?R any optioa. lisn. eWit7 ar ri~bt under a~ by virtw ot this mo~ts+~s. and tb~ tuD a~nount of eech snd ewq? ~eh Wymeot sluU bs immedi~t~ dw ~nd pa~nbls and ~hall bear inteewt trom tM dats t6e~eof tintil paid at tM n~s o[ tef? par oeowm~ p~ annum and together witb snch intere~t sh~U bs eeearod by t6e tien ot this mortg~. 4. To permi~ oommit or wffar no wasta. imp~irnient o~ deteriontioa ot aaid p~opertY a~Y P~ S. To pay dl and singular the oost~. clurges and espeASSS. ineludin8 reason~bls lawyer's fee~ ~nd oat ot absu~cta ot title. incurred or paid at- any ttme by said Mortaages becaues andlor in ths evsa! of tM tatlure on ths part ot the said Mort~or to duly. Pr'omptty ~nd fuUp Pa~to~m, di~Chv~s• e:ecute. eHectc. oomplst~ oompbr with and ~bids br each aad everT ths stiputitions. a~r~snts. eo~ditioos aed oovenants of s~id promiaory nots. ud this ano:tgags. any or mtl~. and s~id ewts. charge~ and espenses. each and every. sh~U be immedittdy dos and W3'~~. wfiether or not there be notiae. danaad. ~ttempt to collett or suit peading: and ths fuq amount of eacA u~d evary such p~Yment ~hali bs~r interest from tha d~te t6ereof unt~ pud ~t the nte oi tes per eeawm per annum: and all said oo~t~. e5argb aud e~ so jneurred or paid. to~ather witb sach int~e+~t. sball bs ~scueed by f tbe Wn of this m~t~ap. . ' 6. 'ILat la! in tM ewnt ot ~ny brs~cb of t6is moct~sgs a~ dsfault on tlis put of the Mort~or. or Ibl ia t6s , • evenc any of eaid aums of nans~? heeeia rshrred w ba not prompt]y and (Wl7 P~id witLin t~n d~r iwzt atbr t6s ~ ~ams ~sv~ralt7 becam~ das snd p~yabM, witlw~t demand or notiea, oc tcl in t,hs eveat e~ch and swry tLs st~tioo~. : agreemeats. oo~ditjons and ooveoants o! a~id proenjs~oq? note and tl~ mo~tB~e. any or eitl~. an not dnb?. djscbarged. e:eeuted. effect~d, eompktsd. oompiied with and abided by. tb~n. in dt6ec or my sucA event, Lhs sdd ag~egute surn mentioned in said p~omis~ory aote thea ramaining uap~id, w[tA interest acerued. a~ all moneys secured h~SbY. shdl bsoome dus aod parable fortbwith. or tLa~ealRee. ~t the option ot iaid Mactgages, as fully aad oomplstely as if all of t6s said wau ot nomey .vere originally stipulated to be P~id on s~ch day. anrthing in ~aW promissory nou, and or in this morttags W the eontrary aotwithstandin& ~nd thereup~ or thereafte~ at the option of said Martgages. witl~t notioe or damand. suit at law o~ in equity. thst~ptofore. or there~fter besun, may be pr~euted as ii all n~oneYs s~aved bsrsby 6ad matwed prior W its ia~titntion. . _ f T. T6at in tbs event tlut at t6e bestnniag of or at ~ny tinos pending any auit npun tAi~ mortB~6s. a~~~ i it. or W rsform it, aadlor to ~fons p~yment of any claims h~e~eonder. said Matg~ges s1~af1 apply to t6s oourt - ; luvin~ jarisdictioa tliereof for tbs appoiotmmt ot a Recaiver. ~ueh court ahad torthwfth appnibt a Reoeiver oi ~aid ' P*~P~+ty ~11 and siagulu. ~ncludinB . all and aingular tbs rents inoome pro6a. iswes ~nd reyeaves fe~om ~ whatever sonrce dstived: e~ch and every of which. it bsina e:prady understood is hereby mortg~ged as it i speci5cdly set tort6 and descr~'bed 'm t6e graating and lubendum cLuse~ hereof. aod auch Reeeiver s6a11 luve { ali t6e brwd and eHective functions and powrera in anywiee entrusted by a oourt to a Receiver, and auch appointmeni ( shal! be made by s~ch eo~ut ~s ~n ~dmitted equity ~nd • matter of ab~dute right w said Mortgagee, and wit2wnt ~ reterena~ to the adeqwcy or inadcquacy of the vdae of t6e property nwrtgaRed or to the solvency or insolvrncy ~ of aaid Mortgagor and?or of tl~e de(eodants. and thet such rents. ProHts. income. iswea and reveaues ehall be applied by snch Receiver ~ooording to the kin andlor «ryity of said Matgages and the pnctics oi snch oourt. ~ 8. It is uadsnt~ood and ~~eed that chis mo~tgage is given to ~ecura m~ddition to tbs note or oWi~ation abovs de~eribed ~ny ~dditbn~l 1o~ns o~ fupus advanas m~de within twenty years hom date heteot b7 ~~8'~ to ,s~id moctg~on or aay woee~sor ic titls ot Nid mortsaeort ot tLs property 6areby canveyed: prov(ded tbac tl~e tetal uapaid bdanee of the "indebtednssa secured he:ebY at any one tims siull not ezceed t6e ~um prin~ipal amount ot EIGHT THOUSAND FIVE HUNDRED FORTY ONE (8,541.Q0) Douan If 1. Plus inc.reas therea~ and any disMu.emencs a~ade by tlu morcgagee tor ths payment of tues. Isv~s or insnr.nce on c~e pmpercy eneumb~red hereby. wich jnc~resc on such disbursemeacs. IN WITNE33 WHEREOF, the said Mortgagor has e:ecuted thie moctg~gs undec se~l on the day and year herein fvst above ..ritten. 3igoed. asded ~nd delivered in the presence ot: ~ J ~ ISEALI • ~ ALI ~ ~ Ma y Ann Anderson James B. Anderson ~ ~ 3TATE OF FIAAIDA ; es. ~ ODUNTY OF 3T. LUCIE Thomas S. Anderson and Mary Mn Anderson, fiis wife and James B. ` ~ , ~ Heton me personallr ~ppeared ~ ~ An erson of 17712 Cnnlev Detroit~ MI 48219 ~ ~ ~ w m~.~ .km~ea--tad imown to m~ w b~ t~ IndtvWw6.. d«Q~d in and wbo u~euted ths toe+~oins b~s ar tl~at ..~.Y eiawt~d eh~ ~ams tor t~ p~vpo.e~ e6~nin s:pe+~Nd. ~.T•'~~;F~ ' ~ °~r as to Ja s B. Anderson only f~r~<< ~ ' ~ otlfcLl ~sd/thi~ day ot ` ~ ~`~CrTA ' ~ - ~r ~ . . _ As t Th s~. Anderson r, • ' ' • and ~a~•y~nn nderson Ha.~? . #~;n~t; , i~ :~~z*: = P d for County and StaC•e ~ ±~=~~y~~~~` ~ " ~r ~6-81 ; ~ ~ - ~ R 3~1 . ifit~ ~cpi res ~ooK PAGE