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HomeMy WebLinkAbout0687 - 10 - ~ 16. The Mortgagor will give immediate notiae by regietered i or oertified mail to the Mortgagee of any fire, damage or other caeualty a~~ecting the mortgaged property, or oY any conveyanae, transfer or change in ownerehip oY euob property, or any part thereo~. 17. Notice and demand or requeet may be made in writing and may be served in pereon or by mail.~ r 18. In~case of a forecloeure eale of the mortgaged property it may be eold in one parcel. ~ ! . ~ 19. The Mortgagor will not aeeign the rente, if any, in whole ; ~ or in part, from the mortgaged property, or any part thereoY, with- out the prior written-coneent o~ the Mortgagee. ~ 20. The Mortgagor ie lawt~,illy eeized of the mortgaged property . and hae gQOd right, full power and lawftiil ~uthority to eell and con- vey the same in the manner above provided~_and will warrant and a defend the eame to the Mortgagee forever againat the lawftiil claime ; 3 and~demands of any and all partiea whateoever. ~ ~ : ~ ~•21. The Mortgagor hereby waivee, the benefit of all home- i etead exemptione ae to the debt eecured by this Mortgage and ae i to any eapenditure for ineurance, taaes, leviees aeeeeemente, duee ' ~ or charges incurred by the Mortgagee pureuant to any provieion oY thie Mortgage. This Mortgage and all the covenante, agreements, terme and conditione herein contained ehall be binding upon and inure to.the ~ benefit of the Mortgagor and the heire, legal repreeentativee and ~ • assigns of the Mortgagor, and, to the extent permitted by law, every subeequentJowner of the mortgaged property, and ahall be : , binding upon and inure to the benefit of the Mortgagee and ite aasigne. If the Mortgagor, as defined herein, conaieta of tx4~or more partiee, this Mortgage ehall conetitute a grant and mortgage by all of them jointly and eeverally, and they shali be obligated jointly and severally under all the provieiona hereof and under , the Note. The word "Mortgagee" shall include any person, corpor- • ation or other party who may from time to time be~the holder of thie Mortgage. Wherever ueed herein the eingular number shall include the plural, the plural number ehall include the eingular, and the ~ use of any gender ehall be applicable to all gendere wherever~the eense requirea. ~ , i ; i ' ' 2 ~ ~ . # ~ 1 ~ _ ~ . ' ~ ~ OR 7 ~ . ~ BOOK O PACE 6~5 • i - ~ , , ; ~ r. r ~ ~ ~ _ , . _=t . .