HomeMy WebLinkAbout2996 prior to entry of a jttdptteat eafordaf this Mortpge it: (a) Borrower pays Lender aU suttts which would be that due under
thn Mortgage, the Note and notq seatrina Futurd Advances, it any, had so aooeleratioa occurred: (b) Borrower curs
all bnaclta of nay other oeva,aab or sFeaneub of Borrower ooatsiaed la this Notting; (c) Borrower page cep rea:oaabk .
expenses incurred by ~Leoder in eaforciaj the eovatagts and ajreanenb of Borrower oeatained, is fhb Mortise and in
eafor+dnB Leader's rattedies a ppo~ridsd is paragraph 18 hereof, includins, but not United to, reasoaabb attorney't teen; and ~
(d) Borrower rata arch action as Irettdar may rea:oaabry regiure to a=ura that the Ika of fhb Mortg~aga. Lender's interest .
in the Property and Borrower's obUganon to pay the wan secured by thin Mortga'e shall coatiaiue wtimpared. Upon andt `
paymatt gad cure by Baruwer,, thb Mortgage sod the obligations secured hereby. shag remain is Putt tome gad d[act as if t
no tooekratioa bd oawred.
2~: Aaetpreest of > Appeirttaeat of Retelrer. As additional security! .hereunder. Borrower lbrrb'1? aaigas to .
Larder the rents of the Property, Provided that Borrower shall,. prior.to aoo~ration -under paragraph .18 hereof or abandon-
mwt of the Property. lgtve the ri2bt to eo114ct and retain such teats r they. beoorne due and PaYsbM-
Upat aooderation under paragraph 18, hereof or abandonntatt of the Property, Leader =half be entitled to Gave a
receiver appointed by a court to enter upon, take poaeseion of gad manage the Property gad to collect the ratty of the
Property, including those past due. AU nab ooUected by the rooeiver shall ba applied drat to paymatt of the cab of
maaagerrteat of the Iroperty gad collection of nuts, including, but not limited to, r+eoeiver'~ fees, premitteA: oa teoeiver's
bonds gad reasooabk attorney's tee:. and then to the sums secured by this Mortgage. 'I1bte receiver sltaU be Uabk to account
only for those ratb acdtally;reaived.
21. i~rtsiee Aivastcae..Upon request by Borrower. Lender. at Lender's option within twenty years fran fire date of this
Mortgage, may ante Fltture Advattca to Borrower. Stich Ptitur+e Advances, with interest thaeoa, sbaU be secttrod by this
MortpBe when evidettood by promissory note: sUting that :aid notes an secured may. At ao tints shall the principal .
antouat of the iadebledttess second by thh Mortgage. not including sums advanood is aoootdartoe lter~vith to protxt the
sorority of this Mortgage. exceed the oripnal amount of the Note plus USS.
2s. Reisase. Upop psyaaat of all sums secured by this Mort;age, Lender shall release this Matga®e without cltacge
to Borrower. Borrower stroll pay all cab of ncotdation, if any. '
23~. Atlerseyis Fen. As wed in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if nay,
which may be awarded by as appellate court.
It+ WITNESS WeettF.oF, Botro~arer has executcd this Mortgage.
Signed, sealed and ddiverod
in the presence of:
e u ~ef ~ "tyl' operik' skey
eriert Ca~o1lCoPenkoskey
art K
STATE OF I~~,~~ .......Michigan....... ....County sa:
I hereby certify that on this day, before me, an ofi'wer duly authorized in the state aforesaid and in the county
aforesaid to fate acknowledgements, personally appeared.. L~CIe.KOp~nkosicelr. dnd.Caral. a(openkO~JcBY.
•h i s • w.i to we known to be the person(a) described in and who executed the
foregoing instrument and acknowledged before me that ..they .......executed the same for the purpose therein
expressed.
~ WITNESS my hand and oiI'icisl seal in the county and state aforesaid this......... b.........day of
•SQptetnbew 19. ag
.
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M~.°n ~lra~. ~~-y~ . . .
Mol~i?
- a : ~ ; ra' ~ ~ - IIdNOR L. WIId.IAMS
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iiJ ~ ; y.: ~ Notar7 Public. Emmet CounRY.
a ; ~ ' a ~ ~ My Commission ExPlres Jan. 17, 19fiZ
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