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HomeMy WebLinkAbout2791 . . . . ' ' ~ ~ ~ 1 ~ , prior to entry of a judameat eaforcin= this Moctpse it: (s) Bortwver p~~rs Lende~ a~l sum~ which wouid be then due ue~der t this Mortgase. the Note and nota securin~ Future Advanoes. it any. had oo acoekratioa occurrod: tb) Botro~ver cura ; all breacl~ea ot any otber vovena~b or a~eeme~ts of Borrower conuinod ia this Mortp~e: (c) Borcowe~ payt all rwsonable ~ expensa incurred by Lender in entorcing the coveoaqts a~d a~reemenb of Bon~o~rer contaieed in this MortPie +u~d in enforcina Lender's remedia as provided in pangraph 18 Aereof. includina, but not limited to. reaaonabk attornay's tets; and ~ (d) Borrower takes such action u I~ende~ may reasonsbly require to auure that the lien of tha Monpse. L.end~'a interest ~ in the Pmperty and Borrower's obligadoo to pay the s~ms secured by this Mortpge ahaU oonti~ue unimpained. Upon wch paYment and cure by Horrower, this Mortaage acid the obli~ations securcd hereby shall romain in full fora aad diect as if no accekration had octurred. ~ 20. Aad~weN ot ReNn A~poiat~e~t ot ReceWer. As additiooal securily herounder. Borrower hereby assi~ns to Lrnder tl~e rents of the Property. provided that Borrower shall. prior to acoekratan under puaanph 18 hereof or abandon- ~ ment of the Property. have the right to colkct aad retain such ~en~ ss t6ey become due aad payabk• Upon accetention w~der paragraph 18 hereof or abandonment of the Property. Lende~ shaU be entitled to have a j rcceivc~ appointed by a oourt to enter upon. take possessio~ of snd manage the Pmperty and tu cdkd the n~ts °E ~ ! Property, includina thase past due. All rents rnllected by the reaiver shall be applia! flrst to payment of the costs of ~ management of.the Property and oollection of re~ts. including. but not limited to. eoaiver's fees. premiums on receivers , bonda aad reasonabk atWrney's fees, and then ta tt~e sums socurod by this Mortgs~e. 'Ibe receiver shall be liable to aooount # only for tlase rents actually reaived. 21. E~hee A~a~ca. Upon request by Borrower, Lender. at Lende~'s option withia twenty years trort~ the date of this Mortgage. may make Future Advancea to Borrower. Such Future Advaaoes, with interest thereon. shall be securod bY this Mortgage when cvideoced by promissory notes stating that said notes are secured hercby. At no time shall the principal amount of the indebtednas secured by this Mortgage, not including_sums advanced in acoordanoe hertwith to protect the security of this Mortgage. excoed the original amount of the Note plus USS."""""""""""~ ~ 22. Rdara Upan payment of dl sums socured by this Mortgage. Lend~r shall rekase this Mortaage witbout charge to Borrower. Borrower shall pay all coats of recordation. if aay. 23. Aaor.eys Fees. Aa used in this Mortgage and 'eo the Note, "attorncy's feGS" shall include attorney's fees, if any. which may be awudod by an appellate court. TN WITNESS ~IHEREOF, Borrower has eaecuted this Mortgage. Signed, sealed and delivered in the Dresence of: f ~.~-~Z.. ~ . . . .~~r. . . . ~ . . . $t81 ~ ~ ..~~G"""""_ ' ~ ! Victor Yokin / ~ . . . . . . . . . . . ~ .C1J. . t . . . . . . . . . (Seal) i ~ Mar i~k i n -eo.~ ; [ STATE OF MIO~iDII~,~. . . . . . . . . M i ch i,gan . . ~~c..~~,<~c.~ . . .Count ss: _ . . . y ~ I hereby certify that on this day, before me. an officer duly authorized in t6e state aforesaid and in the county ~ aforesaid to take acknowledgements, pcrsonally appeared. V i ctor Yolc i n, and ,Mar i e. E. .Yok i n,,, .h i s, . . . . ~ i f e . . . . . . . . . . . . . . . . . . . . . . . to me known w be the•pe~son(s) described in and who executed the j foregoing instrument and aclcnowledged before me that. ..they, ,,_,,_executed the same for t6e purpose therein i expr~sscd. ~ ~ W~rrrESS my hand and off'icial seal in the county and state aforesaid this. . . . . . . . 20th. , , . , , , , , , ,~y of , . . . . ~Jxne . . . . . . . . . . . . . . . . . . . . . . ..19.7.~ . . ~ ~ ~ My Commission expires: .<I V • ~7 ~ ~f ~ - ~ ~ ~ . . . . . , .,~L,Z;I%~4G~ . . . . . . . ~ [SMq N°ury P"Mie. µtti»~N~(~~~~' . . +;jYO ~ ~t~ ~~~i~ ~ - ~y ~ A r~..~~ . ~ ` ~-1 ' . ~G+ ' " Y ~ ;,,p , I tar. c'' . c~ ~O~ppN - ~ ~ ~ ~ . ~ E 1~~~RAN EN ~ - o J ~ . ~ . '~'~~A~GE p pA 3~50 ~ R~ . 27~E ~ f ~0 /~Sy ' , ~ '~~j.~~~~`~ ($p>C! BlIpM ThiS liM R.~.'~.~a...~a R.~o.a.n '~q~Mti~'1~~~ . ~ - ~ ~ ~ '?19 J~;t_ i 8',~~ i i=~~ 5 Y ~ ~ ~ f~LE~ ~h0 kcGviu.c a f ~ ST.LIl:iE COIL4TY.flA. 5 ROGER POITRAS , : ~ II.ERK CIRCUIT COti T f.CC~RD ~`EFtl~iCl_~~,.+[r~ '~5~04 ~ , ~ . . ~ ~ ~ ~ ~ ~ ~ ~ ~ B~K3~.2 ~~~E2787 ~ }