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HomeMy WebLinkAbout0938 ' - 10 - 16. The :~ort~agor will give im~ediate notice by registered or certified mail to the Mortgagee of any f~.re, damage or otY:er casualty affecting t~e mortgaged property, or of any conveyance, transfer or change in ownzrship of such prcperty, or any part thereof. 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 mortbaged property it may be soid in one parcel. 19. The Mortgagor will not assign the rents, if any, in whole or in part, frc:~ the mortgaged property, or ar~y part thereof, with- out the prior written consent o~ the Mortgagee. - 20. T'::~ ::~rtgagor is lawfl.illy seized of tha mortgaged property and has good rig:~, full power and lawful authority to sell and con- vey the same in the manner above provided, and wi31 warrant and defend the sa~a to the Mortgagee forever against the law~.il claims and demands of any and all parties whatsoever. 2'i. The ~tortgagor hereby waive~ the benefit of all home- stead exem~+ions as to the debt secured by this Mortgage and as to any expenditure for insurance, taxes, levies, assessments, dues or charges incurred by the Mortgagee pursuant to any provision of • this tiiortga~e. i i T:~iis Mortgage and all the covenants, agreements, ter:s and conditions n~rein contained shall be binding upon ana inure to the - oenefiZ o~ ~:~e ;•Iortgagor and the heirs, le~al represen;.atives and ass~gns o~ tihe Mortgagor, and, i,o t'ne extent pe~mitted by law, every subsecuent owner of the ~ortgaged property, and s?^.a~l be bindi::~ upon an3 inure to the benefit of the Mortgagee and its assi~:~~. the riortgagor, as 3efir,ed herein, consists of two or more p4rtics, tnis Niortgage shall constitute a grant and mortg•a~e by a~l of t'ne:~ jointly and severally, and they shall be o~ligayed 'ointiy and sevzrally under all the prov~sions hereof an~ unde~ t'ne ;~ote. The word "i~iortgagee" shall inclade any perso~, corpor- ation ~r other p~.~ty who may fro~ time to ~ime be the =~o"~dzr of this i+lortgage. Whereaer used hereir the singular number sha-~l include the plural, ~r,e plurai nunber s'r.all include the singu~ar, and ~~e use o~~any ~er.der shall be appl~cable to all.genders wherever ~::e sense requir;:s . ~ r ~ aooK 177' 9~38 - - z3 ti ~ ~ ~ _ _ : _