HomeMy WebLinkAbout1438 ~ - 1C - f
10. The Mortgagor will give ir.u~ediate notice by registered ~
or certified mail to the Mortgagee of any fire, dam.age or otY:er ~
casualty affecting t'ne mortgaged property, or of any conveya~ce,
transfer'or .:han~a in ownershig of such property, or any part
thereof .
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17. Notice and demand or requesti may be made in writing and r
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may be served in person or by ma.il. i
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18. In case of a foreclosure sale of the mort~aged property
it may be sold in one parcel.
19. The Mortgagor will not assign the z~ents, if any, in whole
or in ~art, Trom the mortgaged prouerty, or any part thereof, with-
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20. The Nortgagor is lawf`ully seized of the mortgaged property
and :~:as gocd rig'nt, full power ~=w~d lawful authority to sell and con-
vey the same in the manner above provided, and will warrant and
defend the sa.me to the Mortgzgee forever against the lawful claims
and de~ands of any and all parties whatsoever.
21. i:~e Mortgagor hereby waive~ t:ze benefit of all home-
stead exemp~ions as to the debt secured by this ~+iortgage and as
to any expen~.~~~re for insurance, taxes, levies, assessments, dues
or charges ~ncurre3 by the Niortgagee pursuant to any provision of •
this i~ortgaGe .
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~ TY:is ~+:;,rtgage and all the covenants, agreements, terms and
condit~or~s ~-arein contained shall be binding upon and inure to the • ;
benef°~_ o~ :.:z ;~:ortbagor and the heirs, legal representatives and ~
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ass; gr_~ of ~::e ~iortgagor, and, to t're extent peranitted by law, ;
every subs~::aent owner of the mortgaged property, and shall be
bindi:~o upon anci inure to the benefi of the Mortgagee and its .
assigns. I.i the Mortgagor, as defined herein, consists o~ two or
more parties, tnis.Mortgage shall consti~ute a grant and :~ortgage I
by all of them jointly and severally, ~nd they shall bc ~~ligated
~;oin~~y and severally under all the provisions hereoi a_^.a under
the No ~e. ^:~e word "ifortgagee" s?~all include any persor~, corpor- ~
~:,~ion ~r otc.ar pG_^ty who may fro~ tine ~o time be the holder ci ~his ~
Mort~2~e. ~;~ereve~^ used herein t'ne singular nunber shall include
t'~e ~-~.ural, zhe plaral nuza~~er shall include the singular, and the
use ~i any gender s'r.all be applicable to ali genders wherever,the
sense requires.
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a~~74 ~1434