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Home My WebLink About2244 ~ , , . i ~ 3, ~t is iNf'ttt?txllg Ag~vsb: (aj 'i't,et t6c Selle~ may et ~nY Ume eacuaiFxr said lend by inortgaqe or mortgsaca to . ; ~ ~oeure aot mote 1haQ ihe balance owing hereou ~t the ttme euch wortge~e or mortg+~ee are executed, which mortgage or ruorfg~gea : ~ ~ a6a11 provIde fot aggrzgeta psymenta otprlncSpai and Intereat not in oxoeas oi uor aoone.r then thoee provideci i~,r in thf~ oontrsci, ~ or on wch other tercns a~ may ba agreed upon by !ha Selkr ~nd Purchsau, ~nd shall ba a firal lien upon the land aupe~ior to the rights ot the Purchnaer h~rein; provided notloe of the execut~on of eaid ruo~tgaga or morLfcnges oontaining the nama and ~ddres~ ~ 1. of ihe mortgn~ee or his pgent the amounl o[ auch moriqaga or mori.geges and tho rete of interest snd meturity ot ll~e pcinciEu?! twd i~terest ahell L~a se~~t to t~?a I'urcl~aser Ly regtstered runil prom~tly after exeeution theroof, end Purchestr wiN, o~ de~end, , ~ e~c~cuta any ingtrumenta demunda~l Ly t}~e Seller atcessary or reqwsite to e:ecute or oo~uenl to tbe eYeculion of tha Cocegoing power. In event eaid Purchaser ahall cefuse to ~xecule any inslrun~cnta demanded bY said 3eller and ahall retusa to aocept such regislered meii hc~einbefore provided, or said registcrect mai! el~all be returatd uncla~me~, lhe~i auch Seller n~ay ~ost nuch notioa in iwo conspiruoi~s place9 on seid premisrs, end make aQldavit oi such facts and of such pasting, and 1'u~clia~er a rights shall be aubonlinate to sr.id mottgago or mortgages a~ hereinbefora pto~idecl. Tha mnseat obtained, or eubrogation ae othsrwise hereio provided, under or by vi~tue o[ the foregoing power, ahal) extend to eny and all renewab ot exlensiona or emendments of seid uiortgega or moctgagea at~er 5eller 6es g?veu uottce to the Purchaser ae above provided ior giving nutice of the eYecution ot said morlgage or cnortsages; • , ~ . (b) That it default f~ msda by the Purchnsec In the payment of aay taY asstssment or tosurnnoe pcen~ium or In the delivery ~ of any policy as above provided, the :ieller may psy euch lax esseasmenl or premium oe pcocuro such Insuranoa and pay tl~o prem- , iusns therefor, and nny surn or euma eo paid shell be furihcr lien on the land payeble by the I'~rchaser to lhe Sciler forthwith ~ith iatereat at aeven per cent pe~ ennum ead if prooeedings are ta?~en to eaforc~o the contrect io equily efter the I'u,chaser nhall bave been in defeult for a pe~iecl of thirty days or more, the eatiro amount owing h~reon sl,all be due and peyable ~ , furWwiU~, notwithstanding anythIng hercin coatatned to ihe oontrary. • . ~ , (o) That If the title o[ the Selle~ i~ evldenoed by land oontract or nox or hereafLer encumbered by mortgnge~ the &!!ec ah~il meet thapay ments o[ principal and interest thereon as they maturo end produce ovidence thereoi to tl~o Purchasar on demand ~ and ia defeult the Purchaser may gay the esme. whtch paymenta shall be eraiited on tha suma metured or first maturing heceon witl~ interest at seven per ant per annum and iR event p?ooeed~ags arc oom~nenaed to reoover pos~ssion or enfc,rce the~ rment ~ ol sueb mnlraet or mortgage because o[ the Seller's default lha Purehaser may s~t any time thereatter whtle euch proceectin~e ace ~ pea~d'~c~g encumber said land by ruo~tgage securing such sums es ean bo obteined upon suct~ terms ss ma7 6a required ond with the • ds pey and discharRe such mortqage or purchase money lien. and any mortgago so given ahell t?e e Qrsl lien upoa tho lend ~ supcrior W lhe right9 of the Sclier therein and thereafter the Purchnscr aLnll pa7 tl~a principat and Interest on euch tuo~tqnqe . ~ eo giveu ea they ~nature, which payments shall lre c~edited on the sums matured or firsi metu~ing hereon; end when tha aum owing Lerooa ia reducscf Un tl~e arnouni owing upon such oontract oe mortgaga or owing upon any mort$ego executed under eithcr ot the ~ . pon/~era in thia oonlreci contained, a oonveyanco ahali La made in lLs form abova pruvided wit.4 a covenant by t6o gtanteo W sssumo and psy Uie aanie; ~ That nn as~ignment or oonveyence by tha Purchaser shal! creatc ~ny liability whataoever against tha Seller unti! a duplicate ~ ~ therool duly wit~~caxd end acknowledged, together with the residenoe eddress of such a~ign~~ nLall ba delivera! to tha Seller end• ~ ' receipl t6es~ot wdo+~ed hereont ' ~ • (dj Thst the Purchaser ahall have Qossession of said land9 from and afler ~.,..,.~..~.r,,..~.~.tbe deltvecy heroof ~ while he slia!! aot be in detault on his parl ~a carry~ng out the terma hereoi, isking and hotdin~ euch pos~easion hereunder~ nnd ahsl~ kcep tbe premises in as good oondilion aa they are at tha date hereof snd iC Purchaser shell fail to Ferfa~n Lhis oontr~ct ar any " pa rt thereot the ~eller immedialety after auch default shall hqve the right !o deciaro tha seme void and retajn whrtever msy bpve ~ l~eeu psid 5ereon and el! imp~ovemen4s Lhat maY have beea mada upou the premises as liquidated demuges ead to coneIde~ and ` i trea~ the Purchase~ as his tenant holding over without permission, aad maY take immediate Qoasesaion of tAe premise~ and t6e ' Purch~ec~and each end every ol6er oceupanL reu~ove and put out, r My ~ad all declarations. potkea or peperg necesssry or proper io terminate or enforce Lhis conRrect shall be ooncluesvely ~ ' ed to bo served upc~n the Aurcheser when depoeited in a Ucuteci Statee Poet OlTioa box enclo~xi in an envebpa with poste6e te e ~ ully prepeid lhereon addre~.,ed to the Purchaser at R011t0 'ji~? n0~ 'p t ip ~',loria~, ~ s . • or at such olher addre3s es may bP-:pecified by the Purcheser and recetpied for t~nZw~ting byi,he~Se~lle~~rdm tune to~i"we. The wife ot the Seller far a valuable consideratioa, joins hereln and agraes to join in lhe executjon of tha deed to be mede ip ~ tulfillmsnt hereo[. , z If awre then one joins in the ezecution hereoi as Seller or Purchaser~ oc eilhe~ be o[ the femtnine eex. or a oorporatjoa~ the • ; pronouna nnd relative rrords herein used shall be read as if wrilten in ptural, femIniae or neuter respectively. • 3 ~ ' T6e oovenante hereia ehall bind tha heira, assigoa snd aucoes.4ore ot t6e re~peclive partiee. • Signed. sealed and deliverad by Iho parties iu duplicata th~ day 4iui ytsr llrrt wrilleo ebove. . ~ , _ . , - , ~'•_w. . .4 . ' ~ , . ~N rKr.s~xcE o~ . . .~t;.~ ~ ~ f~ ~ r C. Du~? . . ' - . - ` `J~l ~ ~ ` " . . . . _ . -X. 1(..~ . .......................(t~.s.) . . r , v Rab t E[~ r• ~ ~ . . . . .X.. r~~~~~*-~"~.... . ..([.,5.)' , . ~ - .r... , - ~ Ruth Morri~ ~ ~ , F- e= 8T4TE OF NICHIGAN ...(~S,) ` w~ii COl1hTY OF ~aylis ' as. ~ . i- ~ . ~ On ihia ~ 3~ d,~y af ~1AAy A. D. 19~ before me, the sub~erlber, a Notary ~ Publie fn and [or aaid County, persnnslly ~ppeared KS~d~'ed Gs D~tii1 ~ ~ ~ . ~ ~ knowa to ~e to be the person de~cribed in and who e=eeuted the [otegoing inatrument ~ud aekaowled~ed the e:autlon ' . . ~ . _ ~ ~ thereof to be }iAx' free aet ~nd deed. ~ ~ ~ " ~ ~ - - _ , ~ ...F'%~ . ' ~ ' ~ l~l'Yf 1`oY'd He 1~e~mR~~'ing . ~-i _ . Afy Co~wmi~slou exptrcr ...tJvl~/....Q~...Zg~~ Nutary Pu61ic 1'(~~Cou y4~t~hip ~ ;~y . ~ 3TATE OF MICHtGAN ~ ~ ~ ~ / ~ ~r . . f.« 7 1 oi : L _ ~ .i~u~e COUNTY OF s~, s.~%•,{~ ~ 1 • = ~ . ~f,. c ~ Un this day ot A. D, l9 before se~s, the aabreri,b'e;.~,?~1Rtsry ••`a y ; • 1'ublic in ~nd for ssid Countr~ Appeared ~~~Y ~n; , ~ • ~ • ~ ~pd , to ~e penoa~N~r kpuwA~ who 4etaR by a~t duly swor~ did uy thst the~ are ' ~ ~ • the aad of the - . - r. . . ~ ~ ~ . ~ and that ihc seal a~xssl lo said in~truweat is the corporste sea! o[ s~t~ tor~t?ratiap. sod tbst ~ • ~ . saW iastrua~?eat ~v~s at~ned a~ realed iu behaU ot satd corpo~ation, by authorisy ot Its board ot ii~tet~n, ard . ~ euRx 1~6 PA~E 443 ~ - . aeknowlyd;ed sald I~rtrs~a~eAt tcr be the tree act and deed of oatd corporstioa. - Mr C~~wfestan ezpirea Nots~ Pnblk . _ y ~ Cai~ty, Misklssw - ~ _ • ~ . . • . _ - ,,;~„~.x,~~,-- - . _ - - - - -