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t. - Th• M~RTGl1G0R b~t~by r~a!lir~s all ot it• obli9~tion• s~t
lortb in ~OTE and !lORTGAGB a~d ~qtsa• to p~rlora •acb and all ~
og tbe covenante, aqr~~~ents •nd obli9ation• in MOATaAGa an d
NOTE and to b~ bound by ~acb and all of th• t~res and psavi~iona
ot ~Ta ana ~ox~aaa as b.s~ta •oasti•a.
. g. Tbat all o! tb• prop~sty d~~orilb~d in MQR'l~GAGE, 1~~• any
part tb~r~o~ that aay bav• b~r~talos• b~~o r~l~aa~d, •ball in
all t~ap~ct• bs sub~~et to.tb~ 1~i~A, obarq• aa~ •ACUabsanc• :
oi ~ M4RTG11GE and ~otbin9 b~s~i~n ooAtaia~d os don~ ~ball a!l~ct
the lien. cbarg• or ~ncumbra~c• a!l~ct~d by ltORT~iAGa, or tb~
priority tbfreof over otb~r li~ns, cbarqe~, encumbrancee or
conveyaAC~s. ` •
6. NotDing b~rein irtvalidat~s os_ •hall impais ~r s~lsae• any
covena~ts, condition, a9r~~~~nt os •ti~~lation in ~OTB an d~
liORTGAGB and tbe iame, ~:cept as b~sein aodilied, sha11 coatinue
in tull ~orc• aAd ~tt~et and the uad~raigntd turth~r cov~nant
and agre~ to perform and comply Nitb~ana abi~e by eacb~ot the ,
~ covenanta, ag~reements, con8itioaa and stipulations o! NOTE and
MORTG~GE rbicb are not incoasistent h~reMith:
.
7. In ca~• any installaent o~ ia~tere~t or psincipai Of pOTE
be not proaptly paid as th~~ b~coa• dne aAd payabl• according
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~ to the te~a~ and t~nor tb~s~ol, or it •acb mad •v~ry o~ the
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` atipulations, agseements, cov~nanta and condition• o! NOTE and
. MOR~GR~GB, a• hesein ~odili~d, and of th~s~ presents, aay os
eitbir, ar• not duly parformed coeplie~ aith, and abided by,
then and in ~ither of sucb epenta, tbe balanc•~tb~n unpaid of
th~ pr incipal sum ot 1~OT8 at bsr~in noditiid~ Mitb accsu~d interest,
and all otb~r an~• provid~d foi in and by p47~8 ~ad MOaTGI~GE,
•ball b~ iu~diatoly dua And payablt aad •nit •ay b• bson~bt
oa ~10T8 and/or 1tOx~'~31~G8 'ap b~ for•cloe~d ia tb• aaAn~r and
aa lully ~nd ao'pl~t~ly and vith tbo saat ~!l~ct as i! th• said
iad~btedn~~s of ~iOTE r~re o~i9lnally stipulatsd to b• paid on
tbat dat~ or had otb~r~?i~• aatns~, anytbin9 i~ IIO'~E aad l~A~GI~GE,
or b~r~in, to tbf contrary Aotrrith~tan~ing. ~
gooK ~V~ PACE i90
_ e~oK 5~3 ~A~E y29
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