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and shall p/•?(orm. t omply with and ahidP dy eoa h and Pt'P?y the agrePmenfa stlpuloltons corldtttuns and
col`enanfs thP?PO(. and of Iltist morlgagl. flten Ihist mo?fgogP and the PsfafP hP?Phv created. shall cease. dP
fP/m1/1e A11d IM tlltll x1111 1.Olfl
n~ the murlgagnr hr?r•hv (u?Ihe? cot•atanls and agrers fo pay promptly u`hen clue fhe prim tpal and
Interest and olhrr .ums a( monry pravlded (arm swirl nofr and Ihls murlgogr. ur Ia11~rr. lu pav all and
singular fhe fa~Pf assessments, let•ies, liohilitia, ohligalions. and enctlmhronces of PI•e?v nature on said pru
perfy: fa permit. commit or stI((Pr no u~asfe. impairment or dPIP/lO/allOn of satd land o? IhP imprat•Pml•rtls
lhenon of any Iimr. to IPPp IhP huildings nou` or hereahrr an caul land (ally utsurrd ut n slrm of not Ir•ss
than FULL INSURABLE VALUE
in a company or companies arceplahlP to !hP mo?Igagee. IhP pulley or puliclPS fu hP held {,v and paYahlP
lo. said mortgagee. and in the Pt•enf any sum a( monry becomes pavahlP by t•i?t cur of such Insurance fhe
RtO11QAyPP Shall hat•r IhP Ilghf 10 rPCPII'e and apply the same to fhP endehlPdnPSS hefeh~• SPr11?Pd. arCOUnfing
fo Ihr mnrlgarlar {ur any sll?pltts: Ia pav all COSff. C{IAroet. Qnd PxpPnfPS. Including lau`ver t (PPS and flflP
scorches reasonahly Inct/rred ar paid by fhP mortgagee hecaUSP of the (riilurP of Ihr mortgagor fo promptly
and tally ramply Ir•il{t Ihr aq?rrml•rlls. stipulations, conditions and cat•Pnanls a( said note and this mortgagr.
or eilhrr, fo pe?lorm I'omply u•ifh and chide by each and Pt'ery fI.P agreements. sllpulaftons. condtllons and
cot`Pnarlls sPl (orlh In said nofr and Ihis mo?fpage or eilhvr. In fhP PI•enf Ihr marfgagor (ails to pay u`hrn
due any tax. assessment. insurance premium or other sum of money pavohle by I•Irfue of said Hole wad this
mortgage. or Pilher. IhP marfgagee may pay fhP samr. I/`ifhoul u`aiI`inq ar a((PCfinq fhP apfian to (arerlusr
nr any olhr•r ,fight hereunder. and all such payments shall hear inle?P:t (rpm dale IherPr?( al the highest lnu•
(ul rate thrn allnu•rd 6v Ihr lnn•s a{ fh/• ~IofP of Florida '
~l am sum uj manrv hrrrin ?e(PrrPd to hP not promptly paid u~ifhm thirty days next a(fpr
Ihr same hecomes due. qr i( each and ervey fhP agreements. stipulafianc. rnndUians and ronvnants of said
nofr artd Ibis mu?frlagP. u? rtfher. are not (ally per(ot•mvd. camplied u`it{t and ahidPd hy. then Ihr PnfirP
sum mentioned in said Hole. and this morlpage. or fhP entire hnlance unpnid Iheroon. shall (orfhu~ith or
Ihvrea(Ier, of thr option a( IhP morlgagre. hecome and he due and payahlP anything in soil note or hereto
to fhe contrary notlr`ifhslandinq. Failure by IhP mo?fgat7ee to exercise any al fhP rights or options herein
prot•idPd shall not rons1i11rfP a u•ait•rr n( any right: or options under snid Hale or Ihis mortgage accrued a?
1{trrrnllPr accruing.
In ~~Wl~ ~~Ct~f, fhP said mortgagor has hPrellnfa signed and Sealed these presents fhP
day and year (ins ahol•r tI`riffen.
Signed. sealed and dPlll•PIPd In fhP prP3PnfP O(:
S IS A. BALLOON MORTGAGE AND FINAL PAYAiENT OR THE IiALANC
N MATURII'3~ IS ~ 12. r -19 5 0 0 _ ~ OGETHER WI3'II ACC9IUED I1~PI'ERE. ,
AND ALL ADVANC;FMETITS MADE Y THE MORTGAGEE UNDER THE TER
3 MO AGE. .
II ~
I nelma. Rich '~Q 1K~
Y ~ ~ ® €
M athleen ipnle P.
STATE OFF
• I`lichigan
COl'~Tl' Of Ingham
I HEREBY CERT1Fl' that on tAn day, before me, an
ott~rer duly authorirrd ~n the State aforesaid and to the County aforraid to take acknowl?d[mrnts, prrsonally appcarrd
DEFY M. SEEf~1.SE ar>rd JOYCE P. SEEE~SE, his wife ,
to me known to be the person S descnbcd in and who executed the torc[mn[ ~nstrumrnt and they +d<rwwkd~itr~~
brfor~ me chat t~'ley r:ceased the saint. j- }
[
w1T\ESS my hand and o(tlcial Hal in the County and Stau• last a(oresaiA +ha 18th C ' ? ~
April A. D t9 80 . ~ L~ .s . ~ ~ _
44643 ~
:~..:3y ~ ~ - j
~ 56 _
~ ffLi:O RkC REC{11CJED 3
Sf.LUCIECO{{~~j~Y.FtA. RONALD P. RHOADES
ROGER POITRAS f~lotory Public, 1rghom County, Mich.
eLERK CiRCWT C0 T~ ~
RfCf;Ra ?'f.RI~tEDr 1tiy Comm. Expires Sept. 27, 1981
Y
80~X ~ P1/t~ ~ 3