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16. The ~iortgagor will give i~:..:ediate notice by registe~ed
or certified mail to the Mor~gagee of any fire, damage or otrer
casualty affecti::g t'r.e mortgaged property, or of any conveyance,
transfer or change in ownership of such property, or any part
thereof .
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17. Notice and demand or request may be made in writing and {
may be served in person or by mail.
18. In case of a foreclosure sale of the mortgaged property
it may be sold in one parcel.
19. The Mortgagor will not assign the rents, if any, in whole
or in part, from the mortgaged property, or any part thereof, with-
out the prior written consent of the Mortgagee. -
20. The Mortgagor is lawf`ully seized of the mortgaged property •
and has good right, f~.ill power and la~~~,il authority to sell and con-
vey the same in the manner above provided, and will waxrant aYrd~-~
defend the same to the Mortgagee forever against' the lawf`ul claims '
and demands oi any and all parties whatsoever. ~
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21. The Mortgagor hereby waive~ the benefit oi a?1 home- ~
stead exemptions as to the debt secured by this Mortgage and as
to any expenditure for insurance, taxes, levies, assessments, dues
or charges incurred by the ~IortQagee pursuant to any provision of •
this Mortgage.
T'nis ~+iortgag~ and all the covenants, agreements, terms and
conditions rlerein contained shall be binding upon and inu-re to the •
f
I benefi~ o~ ~ze ~fortgagor and the heirs, legal representatives and
~ ass;.gns of ~:~e Mortgagor, and, to the extent permitted by law,
~ every subsequent.owner of the mortgaged property, and shall be
E bindir~g upon and inure to the benefit o~ the Mortgagee and its .
assigns. If the Mortgagor, as aefinea herein, consa.sis c~ two or
more part~as, this Mortgage shall constitute a grant anc :~ortgage
by w~~ of t~:em jointly and severally, and they shall be obligated
~oint~y and saverally under all the pravisivns hereof and under
t:~e ~:o~e. TY:e word "Nlortgagee" shall include any person, corpor-
~ atio:. ~r othe~ party who may fro~ ti~e to time be the holder of this
~ _
~ i~Iort.,~:~oe. r1:.~rever used herein t'ne singular number shall include
~ t'c~ ::_~ral, the plural numr,er sr~all include the singular, and tne
~ use o~~any gander shall be appl~cable to all genders wherever the
sense requires.
. ~0~175 ~~204
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