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prior to entry of a judgment enforcing this Mortgage it: (a) Borrower pays Lendu all wms which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any, had no aooekration occurred; (b) Borrower curs
all brachea of any other oovenantaor-sgoeements o[ Borrower contained in this Mortgage; (c) Borrower pays all ressonable
expenses incurred by Lender is eofor+pgg the oovanagts.artd agreements of Borro~rer contained in this Mortgage and iA
enforcing Lender`s remedies ss provided in paragraph 18 hereof, including, but trot limited to. reasonable attorney's fees; and
(d) Borrower take: wch action ss Lender may reasonably requiro to assure that the lien of this Mortgage. I.atder's interest
in the Property and Borrowers obligation to pay the sums secured by this Mortgage :hall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and eRect u it
no acceleration had occurred.
M AaslgtraseN et Rer~ AppoitlttaeN of Reeetver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rent: they become due and payable.
Upon aoakation under paragraph 18 hereof or abandonment of the Property, Lertder shop be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
Property, including those past due. Alt rents collected by the receiver shall be applied first to payment of the coats .of
management of the Property and collection of rents, including, but not limited to. receiver's fees, premiums on r+ecei~er's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 71te receiver shall be liable to account
only for those rents actually received.
21. Fttraro Adtatcee. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At` no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS. "~"--zs:R
22. Releat~ Upon payrneot of all soars secured by this Mortgage. Lender shall release this~Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Atterngr's item. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any.
which may be awarded by ao appellate court.
iN WITNESS WHEREOF, Borrower has executed this Mortgage. _
Signed, sealed and delivered
in the presencx of -
...~.............~:~~~-AM Seal
`lam (
J n Feole / Charles R. Mellott -°O"°'""
Cecelia M. Shanoski Mary • rge 1 y -°Of'O""
I'I$CQ191i COUn '
STgTE OF Fj!, Ml chi gan It7dirftfl/ ss:
I hereby certify that on this day, before roc, an o8icer duly authorized in the state .aforesaid and in the county
aforesaid to fate acknowledgements, personally appeared.Charl~s .R.. Nel.l.ptt,. dn..ttnroarrJt=lt lOaa.
Mar~y..l..Gergel~, an urrrttarr~e~ci .vroman., to me known to be the person(s) described in and who executed the ~
foregoing instrument and acknowledged before me that.. they........executed the same for the purpose therein;
expressed. .
jyt Qand and official seal in the county and state aforesaid this.......l5tb.. .........day of •
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(Space aaiow This Lin! Rasarrad For LendN and Recorded
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E eaium~'~~~~a 1?~63 1950 SEP 24 AK ~ 14
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~ , FILEQ AkC FECOFD[p
J~N11dih~~ ~.:,vrc,(l~~Jf :~iltl O~b~iH~ SLLUCIECOUItfy.flA.
' . ROGER POITRAS
i ~ CLERK CIRCUIT COi;RT
500644 s
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