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HomeMy WebLinkAbout0218 succc~ssc~rs. lc~~;al rrprrsentatives and assi~ns~ will ~iiake such further ~ assurance to perfect the fee. simple titlc to said land in said Mort~;a~;~~, iis successors, lc:gal reprc•scntatives and assi~ns~ as may reasonably be~ required, and that said 1~tortga~;or does hereby fully warrant the title tc~ said land and i ~vill defend the saiiie against the lawful claims of all persons «~hontsoever. ~ PROVIDED ALV~'AYS, that if "Borro~t~c r" shall pay unto the said Mortgagee all obligations due Mortgagee. and if "Borro~ver" shall faithfully periorn~ each and cvery obligation provided for in the above described agree- Il1Ct11S, nutes, securit~~ aKreements or other evidences of indebtedness and any rene~~~als. niodificati~~ns or extensions thereof, and i1 "Borro~~er" shall repa}~ any and all obligations nos~• due or to bPCOI1IE: C~UE: to Moi-tgagee~ re~ardlc~ss of ho~•ever or whenever created. then this deed and tht: estate }~erc:b~ created shall cease and bc: null and ~•oid. Mortgagor herein expressly _ s aQrees that the Mort~ageE shall have the right v~~ithout notice to deal in any ~•ay at any time ~t~ith ''Borrower" and grant any indulgences, forbearances, i extensions vvhatsoever and may release any of the security furnished ' 141ortgagee by "Borrow•er" all ~~~ithout in an~~ way affecting the liability of the i Mort~aKor hereunder. : i In the event "Borro~t~er" shall fail to pay unto MortKagee all obliga- € ~ tic~ns duc under the security a~reements described abo~•e, or an~~ security ti ~ ~ aKreement or contract ~r other evidencE: of indebtedness E:x~cuted by "dorrov~~er'~ ~ ~ with or to Mort~aRee, ~~r any renewals, extensions or modifications thereof~ ~ ~ $ and if ~'Fiorro~a~er" shall fail to faithfully perform each and c:very obligation ~ ~ ~ pro~•ided for in the above described agreements, notes, security a~reements ~ ~ ~~r ~ther evidenc~ of indebtedness and any renewals. modifications or ex- ~ ~ tPnsic>ns thPreof, and if "Borrower" shall fail to pay any and all obli~ations ~ novv due c,r to become due to MortQagee, reKardless of however or whenever ~ - created, then the an~c>unt due hereunc3er shall be equivalent or any balance in ~ default by "B~rr~~wer" t<~ the MortQaKee to~ether with interest, court costs ~ and re:asonable attorney`s fees. j ~ 1 ~ i'.J c Pi~ ~ , ' ~ ~ y ` ~ _ _ , ` ',2 \ `IiT~!? % ~ 1:.,~+~- "J~ ~~~~.~1~~, 2~~ ~;r . ~ _ : , ~