HomeMy WebLinkAbout4558 . ~
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rcasonr,ble attorneys' Lcc~. Tl1e cost thcrepf, with interc~t _
thercan from tlie c3atG of paymen~ at thc same rate as specificd
in tl~at no~e, shall also be sec~ired by t2iis mortgaac. .
5. If ~ny payment ~rovidec3 £or in tl~at note ~
~ is noi: pai.d wityiin thirty (30) day~ after it becones due, or.
if any agree~r,ent in this mortg~.c~c other ~ than the agreement
- to maY.c the pa~?r:l~nts i~ brcached, the en~ir.c unpaid principa~ ~
_ balance of that note shall ir..~~i~di4tely beco:n~ due at thc
optia:~ of the :?~rtg~gee, and thc 2iartgagee may torecl.ose this
mortgage in tfie tnann~r prot~ideci by law, and have t2ie tr~ortqaged
property .sold to sata.~fy or apply on the indeb~eri:ess hereby
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~ G. The h~lder oF that note secured by this
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~ mortoage ackn~°~~lecig~s that the property described in E~hibit A
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~ annexed hereto, a?~ne, as conveyed by th~.s'mortgage~ shall -
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e stand as security for this.mortgage loan, ann in the eve~t
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~ of foreclosure, no ~eficiency judqr:tent shall attach to the r•?~ker '
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of that note or the r,ortgagor of the mortgage securing this s
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~ _ -note • - _ . . - - - - - - - - - - - - - - - -
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~ . ~ 7. This mortgage is subject and subordinate
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~ to a~mortgage held by.Equitable Capital Corporation, con- ~
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~ stituting a first lien against the entire tract.being conveyed
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hereunder and as described in Exhibit A annexed hereto, and to
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all renewals, moditications, replacer~~ents, increases and
- extensions thereof, all as set forth in that note _
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-secured hereby. This clause shall be self-operative
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