HomeMy WebLinkAbout1493 ~'o ~iaue and to fold the same, fc?lfrfhPr with the IPrremenls, hereclitamenls and appc{rt•
nan{rs thereto belonging, and the renls• issues and pro(ifs lhPreo(, unto the mortgagee. to (Pe simple.
end IhP mortgagor covenants with the mortgagee Ihaf the mortgagor is indP(Pasibly seised of said
larrcl i?r (c'P simpl.•: that the mortgagor has good right and lau~(ul authority fo conrPy said land as a/ore-
saicl; tllaf fhP mortgagor rr+ill malre such (urfher assurances fo perJec! the (ee simple title to said land in the
nrnrtgageP as may ?Pasorrabiy be required: that the mortgagor hereby fully warrants the title to said land
and u+ill c!P(P?3d the same against the lain/ul claims of ail persons whomsoever: and that said land is (ree
and Blear of all encumbrances
Transfer of the Property; Assumption. If all or any part of the Property or
an interest therein is sold or transferred by Borrower without Lender's prior
written consent, excluding (a) the creation of a lien or encumbrance subordinate
to this Mortgage, (b) the creation of a purchase money security interest for
household appliances, (c) a transfer by devise, descent or by operation of law
upon the death of a joinC tenant or (d) the grant of any leasehold interest of
three years or less not containing an option to purchase, Lender may, at Lender's
option, declare all the sums secured by this Mortgage to be immediately due and
payable. `
t
~rou~ded always, That if said mortgagor shall pay unto said mortgagee fhP certain promis-- i
sory Hole hereina(fer subsfanlially copied or idenli(iPd, fo-u?it: ~
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