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i~ 8. "Nbrtgagors" agree that the "Mortgagee" will retain all ~
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j! of the ooilateral presently securing the "Mortgagors" indebtedness, as more
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~i particutarly set fi~rth on Schedule "A" annexed hereta and made a part hereof. ,
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9. in addition to the collateral aforementioned, "Ivbrtgagors"
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do her^eby grant bo "Nbrtgagee," its successors and/or assigns, an easement ~
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and right oF way, not less Chan fifty (50) feet in width and for such length as ,
ma be necessa !
y ry, over and/or under contiguous lands owned and/or con- {
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trolled by the "Nbrtgagors" for the purpose of permitting the lands to be used j ;
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;i for ingress and/or egress, and tJ~e installation and/or construction of such s '
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utilities that may be necessary Go service the mortgaged premises for water, :
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electricity, gas, telephone, storm and/or sanitary sewer systems. :
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10. "Nbrtgagors" oavenant and agree to grant or cause to be 1 ~
granted to the "Nbrtgagee" or its successors and/or assigns, and do hereby ~ `
- grant to "Nbrtgagee" its successors and/or assigns, the right to connect the ~
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mort a ed remises and/or a { ~
9 g p rry part of the same to the water and sewer t
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facilities owned and/or oontrolled b the "Nb ~
! Y ~9~9ors• (see Schedule A)
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. 11 . "Nbrtgagors" covenant, agree, represent, certify and .
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ackn~wledge by tl~ese presents that the "Nbrtgagee" has a valid first para- `
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maunt lien up~n the collateral referred to herein. ~
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1~ 12. The within described promissory note and mortgages shall j °
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be binding upon the parties hereto, their heirs, successors and/or assigns, ~
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' as the case may be . ~ ,
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[N WITNESS WHEREOF, the parties have caused these ; ~
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'1 presents to ~e signed, sealed and delivered this ~/Hday of November, 1978, f ~
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