HomeMy WebLinkAbout1403 • . !
.
~ {
the exorciee ot euch option and no ~rithdra~al or abandon~eAt o~ fore-
closure proceedings by l~lortqaqee shall be taken or construed as a
waiver of ita right to exercies such option or to accalerats tho
msturity of the debt hersby securad by reaeon of aay paot, praeent
or future delault on the part o! !l~ortgaqor= aad, in like manner, th~
procurevent of insurance or the payaient og taxea or other liens or
charqea by Mortgaqee shall not be tsken or conatrued as a v~iver o!
its right to accelerate the a~aturity of the debt hereby secured.
17. ~ithout affecting the liability o~ l~ortgagor or sny other
person (except any person expreeely rel~ased ia ~rritinq~ for paysent
of any indebtedness secured hereby or for performanca of any obliga-
tion contained herein, and without affectinq the riqhta of l~ortqaqee ~
with respect to any security not expreasly released in wri~inq,
w~
Mortqaqee awy, at any time and fros time to tise, either before or
after the maturity of said note, a~d without notice or coneents
~a) Release any pereon Iiable for payment of all or any
part of the indebtednes8 or for perforaance of any obliqation.
(b) lfake any aqreement exten~ding the tiae or otherwiae
' altering the tenos of payaent of all or aay part af the indebtedness,
I
E or nodifying or ~raivi~q any obliqation, or subordinating, modifyinq
or other~rise dealinq r?ith the lien or charge hereof.
~ (c) 8xercise or refrain fr~ exercising or waive any rlght
!l,ortgaqee may have.
(d) Accept additionsl security of any kin~d.
(e) Releaee or otherwise deal with any property, real or
personal. aecurinq the i~adebtedness, including all oz any psrt of the
property ~ortqaged h~rabyo
18. uiy agre~went h~reafter s~ade by lbrtqagor and lbrtgagee
pursuant to this ~ortgaq~ ihall be •up~rior to the righta o~ the
hold~r of any interwninq li~A or encu~bra~c~.
19. lbrtgagor hereby wiv~• all riqht of ha¦~estead axeaptioa
n~K174 ~~399 ~