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HomeMy WebLinkAbout0916 • f ~ 3. The terms and provisions of the MORTGAGE are amended and modified in accordance with the terms and provision of Exhi- bit "e", attached hereto a~d incorporated herein by reference, entitled "Graduated Payment Adjustable Rate Mortgage Rider." 4. The MORTGAGOR hereby reaffirms all of its obligations set forth in NOTB and MORTGAGE and agrees to perform each and all of the covenants, agreements and obligations in MORTGAGE and NOTE and to be bound by each and all of the terms and provisions of NOTE and MORTGAGE as herein modi~fied. 5. That all of the property described in MORTGAGE, less any part thereof that may have heretofore been released, shall in all respects be subject to the lien, charge and encumbrance of . MORTGAGE and nothing herein contained or done shall affect the lien, charge or encumbrance affected by MORTGAGE, or the_priority j thereof over other liens, charges, encumbrances or conveyances. 6. Nothing herein invalidates or shall impair or -release any covenant, condition, agreement or stipulation in NOTE and MORTGAGE and the same, except as herein modified, shall continue in full force and effect and the undersigned further covenant and i agree to perform and comply with and abide by each and every of i the covenants, agreements, conditions and stipulations of NOTE 'i i and MORTGAGE which are not inconsistent herewitti. i 7. In case any installment of interest or principal of ~ ~ ~ NOTE be not promptly paid as they become due and payable accord- f ~ ~ ing to the terms and tenor thereof , or if each and every of the ~ - f stipulations, agreements, covenants and conditions of NOTE and i ' MORTGAGE, as herein modified, and of these presents, any or i ~ r 3 either, are not duly performed complied with, and abided by, then 4 and in either of such events, the balance then unpaid of the ~ principal sum of NOTE as herein modified, with accrued interest, and all other sums provided for in and by NOTE and MORTGAGE, immediately due and payable and suit may be brought on NOTE and/ or MORTGAGE may be foreclosed in the manner and as fully and com- pletely and with the same affect as if the said indebtedness of ~ NOTE were originally stipulated to be paid on that date or had € e E - 2 - 414 PaGE 916 ~~~~K 413 ~a~1.910 .:;)~r ~:3-~~C"r; _ ~~r ~ i . _ .r „ _ ~ ~ . _ ~