HomeMy WebLinkAbout1044 muck from one area of the mortqaqed property to
another area oriqinally encumbered bx th~s iaort-
qaqe f
will not constitute waste, impairment or deterioration of the
mortgaged property by the Mortqaqor.
5. To perform, camply_with and-abide by each and every the
stipulations, agreements, conditions a~nd covenants in said promis-
sory note, and in this deed, set forth.
6. If any of said sums of money herein referred to be not
promptly and fully paid within thirty (30) days next after the same
severally become due and payable, or if each and every the stipula-
tions, agreements, conditions and covenants of said promissory note
and this deed, or either, are-not fully pErformed, com~s~ied with ~
and abided.by, the said aggregate sum mentioned in said promissory
note shall become due and payable forthwith or thereafter at the
option of the Mortgagee, their heirs, legal representatives or as-
signs, as fully and completely as if the said aggregate sum mention-
ed in the promissory note se~ured hereby were originally stipulated
to be paid on such date, anything in said promissory note or herei.n
to the contrary notwithstandinq.
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~ 7. The Niortgagee has accepted this mortgage, and the note it
secures, with the understanding that the Mortgagor will never be
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personally liable for the payment of any sums whatsoever by reason of
the making of the said note and the within mortgage, or by reason of
default in the performance of the terms of the said note and of the
within mortgaqe, the Mortgagee having covenanted and agreed with
the Mortgagor that the enforcement of the rights of the Mortgagee
under the said note and under the said mortgage is limited to the
security of the real property, which is encumbered by this mortgage.
Nothing herein contained shall be construed as prohibiting the Mort-
~ gagee from having any and all remedies which the law and this mort-
qage, and the note it secures, permit, so long as any such remedy
does not include or extend to the seeking or obtaining of personal
liability against the Mortgagor.
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a~~~.s9 PAGt1U33
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