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HomeMy WebLinkAbout2445 the parties may be construed to require the payment of interest on money borrowed at a rate in excess o~ the maximum legal rate of interest, any such excess shall be and is hereby waived. 17. ~i'he terms "Mortgagor" and "Mortgagee", when- ever and-~~erever used herein, shall also include their respective heirs, personal representatives, successors and assigns, and the terms and provisions hereof, whether expressed as a covenant or not, shall be binding upon and i ~ inure to the benefit of the parties and their respective ~ ~ ~ ~ heirs, personal representatives, successors and assigns, i ~ ~ but nothing herein, expressed or implied, is intended or - ~ shall be construed to confer upon or give to any other a ~ ~ person, firm or corporation any right, remedy or claim, ~ ~ under or by reason hereof of any of the covenants, con- ~ ~ ~ ciitions or stipulations hereof, except to the extent spe- u ~ cificaZly stated herein. The obligation of the parties ~ ~ executing this instrument shall be joint and several.. s; 't'he singular pronoun, when used herein, shall include the plural, and the neuter shall include all genders. 18. ?~ny notice, demand or comnunication required or `=a Y permitted to be given hereunder shall be in writing and - shall be sufficiently given if delivered or sent by reg- istered or certified rtail (and air mail, if the aistance '`a is in excess of three hundred (300) miles) return receipt requested, postage prepaid, addressed as follows: ~i i,} - 2 3 - E0~0~ P~f ~ _ ~ . _ . - ~