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f~rth in Fxt~il~it A tiereto ~nd atl sums ndv~nced pursuant
to tt~e Ruildin~ I~3n Agreeinecit aescribed in the New Mort- f
rra~e (collectively the Consolidated Indebtedness) to~eth- ~
er with the interest accrue~ thereon; ~
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2. The Mort~,a~or will pay the Consolidated In-
~iet,i.edness and interest thereon at the rate of interest
and on the terms provided for the payment of principal and
interest in the note secured by the New Mortgage;
3. The Mortgagor warrants and represents that
there a re no defenses or offsets to the Consolidated In-
~~ebtedness; nnci
. A l.l of tF~e provisions of the New Mortgage
are ir~corporated b,y reference tierein and shall supersede
~11. the provisions of the Prior Mortgage and the Mort~a-
p,or agrees to comply with and be subject to all of the
terms, covenants and conditions of tt~e New Mortgage ex-
cept thet the dPfinition therein of the term "Note" shall
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mean the Consolidated Indebtedness.
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IN WITNCSS WHF.REOF, this instrument has been
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~ executeci by eact~ of the p~rties hereto. • ~
' HARRISON LAND DEV~:LOPMENT, Ii~C . {
Si ed, sealed and
~ eli e ed ~n presence f:
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~ ~~e~-~ President ~
~ Attest;
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~ cm~
~ - ~ S retary ~
~ ~ ~ CHASE MANHATTAN MORTGAGE AND
_ ` REALTY TRUST
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