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prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums wbitb would be then due under
this Mortpge, the Note and notes securing Futuro Advances, if any, had no accekration occurred; (b) Borrower curs
all breaches of any other covenants or agreements of Borrower contained in this Mortpge; (e) Borrower pays all reasonable
expenses incttrred by Lender in enforcing the covenants and agreements of Borrower contained in this.Mortpge and in
enforcing Lender's remedies as provided in paragraph 18 hereo[, including, but not limited to, reasonabk attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Moctpge, Lender's interest
in the Property and Borrower's obliption to pay the sums secured by this Moripge shall continue uaimpaited. Upon such
payment and cure by Borrower, this Mortpge and the obligations secured hereby shall remain in full force and eRect as it
no aotxkration had occurred.
21. Aadpseit at Realr Appoiattttiertt of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to accekration under paragraph 18 hereof or abandon-
ment of the Property. have the right to colket and retain such rent: as tLey become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shatl 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. All rents rnllected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's foes. premiums on raxiver
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bonds and reasotubk attorney's fees. and then to the sums secured by this Moripge. The receiver shall be liable to account
only [or those rents actually received.
21. F~twe Aavatcts Upon request by Borrower, lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Bomower. Such Future Advances, with interest thereon, shall be secured by this
Mortpge 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.... • • • . • • • • . • • •
22. Rekare. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU coats of recordation. if any.
23. Attoraity's Fen. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any.
which may be awsrded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the Presence of:
/ ..,~~L~ .(seal)
. • ~ Th s Beaudo ( ~0f `ter
Sharon L. Beaudoin ~O"O~r
$rATE of~fP1~~ - • - ~4i•ehigan..~. i . ~ ~ y~?.
1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared..Thomas..1_ .Beaudai.n .and. Sharon. L....... • . .
l3eaudai.n, .b 15. w~i.fe 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
I expressed. .
WITNESS my hand and official seal in the county and state aforesaid this...... 2ttth :....day of
.....luty ........................t9.8a....
I~ M C ~rx
: ~1 ~ ~ ' i:,y LORI ANN HOLLAND
• " ? Notary Public, Wayne County, Mich.
• ~ ~
~ Li 3 i_ ~ r. tiny Commission Expires Oct. 17. 1982
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