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ca.-:~lo~vly in good standi:ig, having cc,~n~li.od wit~h all tho t,o~zas, covonants and ~
conditions Qf the said ~ortgage and the~ ~note socured thereby, then TI~ CO~MMONWSAIlrH
CORPORATION ,~ri.thin ono mo;~th a:ftc3r da-?and in Writing, shall re-dolivor
;.ossossion o~ thu zao2•tgsged prear~.sos to the Borro~ors, ~ho shall, rem~in in
possossion unloss and until auother default accurs, at ~hich tirao TI~ GQMMOIiWSALTH
CORFORATION r:.ay at i~s option again ta:~a possossion of tho mortgagc~d
pro:~isos under authority of this instrwrwnt.
5. Tl:Q 3orrowors heroby covanant and ~aarrant to THS C4MMONWSALTB CJRPORATIN
that they havo no~ exacuted ~qy prior ~ssi~;rnnent or pledoo of tho rentels of
the mortgagod promisc~s~ nor ar~y prior assignm~nt or plc~d~a of its lantilard~s ~ '
inte~n:st~ a~y 1casQ of tiia ~+holo or ar~y part of the mortgaged premisos. Tha
Borro~~rs eleo hcroby covo,iant and agrQO not to coLloct the rci~ts of the said
mortgagad promises in advanco, othor t:tian as requirod to be paid in advance
by the tems of arly r~ntal agrcar~i~nt~ and further agrea not to do a~y othar
act ~hich ~tould dostroy or iaq~air the bQ:.ofits to ~~Qr]WEALTH CORPORATION
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Of t$i.3 9SSl~lArit• ~
6. It is not tho intontion of tho parties horoto that an ~ntry by T~ ~
CORPORATION
COMMONWSALTH upon tho mort~agod prcuaisos unricr_ tho tenns of this ~
_ CORPORATION
instrunu~nt shall constitu~e tho 3aid ~ COMMONWEALTH/ a"mortgagea
in possession" i.~ cont3mrZation of laN~ except at tho option of T~ C~ONt~ISALTfl
~ CORPORATION ~
I 7. This assionm.Znt shall remain in full force and effect as long as tho
~ CORPORATION
! mortgage debt to ~ Cp~O~ALTH/ ~ ramains unpaid in ~hole or in part.
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8. Tho provisio:is oi this instrur:tont shall be bindin~; upon the BorroWars E
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and their legal represe.itativ~s, succos~ors or assig~s a.id upon ~~OMMONWEALTH ;
CORPORATIa[+T - ~
and its successors or assi~ns. j'ho ~ord ~!note" shall be eon-
strued j~.o m3~n tha instrtua~.:nt, wh~~th~r ;zote or ?:ond, ~iven to evidance the ~
CORPORATI~N ~
indoo~d.zess held by THE COMMONWEALTH,-' agains t,zo ::?ortga~ed pre~?i.s~s; a
- ::nd ~ne hord "mort~a~o" shall bo construed to r?mean the instrument sacuring ~
CO.RPORATION }
ti~c sain indcutodness, hold by Tag ~p~p~~~gf WhLther sucli instru- 3
" ~ i
~ ment bc mortoage, loan deed~ trust daod, vendor~s lion or ot~~erWise. '
~ It is undorstood and agreed t~~t a full ~nd cora~.lete rol~ase of the afor~-
~
said mort~:.b8 sl-,~11 o~.irdtv ~s ~ full ~:~C co:~plete roloaso of all of t.ze THE -
COMMONWEALTH CORPORAT-~~~ =nd int:r~st h~reund~r~ and th~t af't;~r said
r?ortga~;o ;.as b~cn lull,y rcloaso~, this instrur~~nt snall be void and of no
~ furthor offQCt.
_ . : _ . . . . 3. BoaK 159 F~GE 11fi . _
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