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<br /> ._ { Mortgage, C.C. & B. Ce., TnT. anc3 �a�s�
<br /> � Internal R�venua g�rvic� 9��
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<br /> . - �_..ae,.+n �.m Merc��n co«n�:�,�c�c�J�s�R.a�dos
<br /> sa.,�.a��..i-- .:
<br /> �� Lp�;;� �, fi, and 9, Black i, Burlinqton
<br /> Pxe�perty No. 8: �'=
<br /> �: :tubdiv�.�ioa� of sherman Park Addition Cca the °;.
<br /> • : �; Cxt�► of Fvxf: Mvrgan, ���aan Count„yy Cc�l.ora�lc+,
<br /> zG�oxdin� �n the recvLd plat thereo�, a%k/a ���
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<br /> �1� E�a�: Ce��t�erce AvenLre. -�•
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<br /> ,......�� A��. eight pro�����Q� �xe r�fQxa-Qd to hereinafter as the __
<br /> � � ��prer�ii�en.°� __
<br />`'��f�: �.
<br /> �OGETi�i� �r�.�'.�i aal �.m,provements, tenements, ea�ements, _
<br /> ._ '� fixture� and �pg��trtQnartac�� ���onging thereCo. �,;
<br /> �'.>r�';��: _
<br /> �;I�� p�r��;�Ci.�.GF is sub j ect to encuunbrances and _
<br />�,.�:t�,--a , re�tria�ican� o�f record. _
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<br />`_.:�.•���^ MORTGAGOR shall pay, before any penalty attaches, all =
<br /> -===_`^. � � a�iat taxes, assessments, and other char es _
<br /> -'���� " genGin3 t�.:.:..., ..g___ g
<br /> _ `;'� against the premises when due. _
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<br />_ �'�'Y� THIS MORTGAGE Will be foreclos�d by the•Mortgagee only
<br /> -.�.ri°iw-o•_
<br /> ..'„_,�.� � on the cot��ition that �peedway Transportation, Inc. or Mo� gagor
<br /> default on the AGREEMENT FOR PAYMENT OF FEDERAL TAXES.
<br /> _.,;.,;`'�
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<br /> --�;��;,� IN THE EVENT G?�' DEFAULT thereunder, th� Mortgagee shal
<br />=��j''� have the right to for�c�.o6� t118 lien hereof on any or a111 of the
<br /> ---`���`�`� premises, at Moxtgaqee's discxetion. In any sui� to fart��]�ose
<br /> – fih� lien hereof, there s2iall be �llowed, and incltaded as
<br /> — additianal incdebtedness in the d�crae of �ale, all expenditurQs
<br /> and exper�ses which may be paid or incurred on behalf of the
<br /> �-- Mortgagee for publicatiax� co�tts and costs (which may be estiinated
<br /> as to i�ems to be expended af�er entry oP t�lie decree) o�
<br /> " pracuring all such abstracts of title, title searc:hes, a�d
<br /> similar data adeemstorb�crea�s nablgsnecessary�tle a�s the
<br /> ---_= Mortgagee may
<br /> IN THE EVENT �F DEFAULT thereunder, the Mortg�t�ee �hall -
<br /> be entitled to imm�diate possession, at its option, and +tlie
<br /> �""� hold�r of the debt may, but necol not, make any payment or perform
<br /> any act here3nb�fore required of Mortgagor in any form and manner
<br /> -��`� deemed expedient, and ��y, but need nnt, make full or partial
<br /> yuPr;���;`_ payments of principal or interest on prior encumbrances� if any.
<br /> "•T""~�� F.11 monies paic3 for any of the purposes herein authori��d and any
<br /> ';:?7'�:;,�<.� � the Mort a ee or the holder of the debt
<br /> other monies advanced by g 9
<br /> , �4.'�`� to protect the mortgaged premis�s and lien hereof shall be so
<br /> "f' ` much additicnal principal indQb�edness secured h�reby ��d shall
<br /> � ' bQCOme due and payable ��ith interest at the rate oE l0 percent
<br /> -��.,;<<.�...: ,,. (io �) per annum on der.tand. Inuctian of Che Mortgagee or holder
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