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84000166
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84000166
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Last modified
11/18/2008 2:32:00 PM
Creation date
11/18/2008 2:31:35 PM
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DEEDS
Inst Number
84000166
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<br />g~ ~-- >>~ of ss <br />(13) In the-event Mortgagor or any of Mortgagor's <br />conveys-his. interest in the Mortgaged Property, or any-part <br />thereof, to any other party, Mortgagee may, without notice <br />to Mortgagor or Mortgagor`s successors, representatives, heirs <br />and assigns deal with any owner of any part of the Mortgaged <br />Property with reference to this Mortgage-and the Secured <br />Indebtedness, either by way of forebearance on the-part of <br />Mortgagee, or extension of time of payment of Secured Indebt- <br />edness, or release of all or any part of the Mortgaged Prop- <br />erty, or any other property securing payment of the Secured <br />Indebtedness, without in any way modifying or affecting Mort- <br />gagee's Rights and Liens hereunder or the liability of Mort- <br />gagor or any other party liable for payment of the Secured <br />Indebtedness, in whole or in part. <br />{14) Each and every party who signs this Mortgage, <br />other than Mortgagee, and each and every subsequent owner of <br />the Mortgaged Property, or any part thereof, covenants and <br />agrees that he will perform or cause to be performed, each <br />and every condition, term, provision and covenant of this <br />Mortgage, except that he shall have no duty to pay the indebt- <br />edness evidencee~ by the Note except in accordance with the <br />terms of the Note, and all renewals and extensions thereof, <br />and the terms of this Mortgage are in accordance with the <br />terms of the transfer to it. Wherever this Mortgage requires <br />notice to Mortgagor, such notice shall be deemed to have been <br />given on the day it is deposited in the United States mail <br />in an envelope addressed to Mortgagor at the address stated <br />on the first page hereof. <br />(15) This Mortgage is being executed in numerous <br />counterparts, each and all of which shall be deemed originals, <br />and all counterparts together shall constitute one and the <br />same document. <br />(16) This Mortgage shall be binding upon Mortgagor, <br />his successors, representatives, heirs and assigns, and shall <br />inure to the benefit of Mortgagee, or.any other holder of <br />the Secured Indebtedness, its successors, representatives, <br />heirs and assigns. <br />(17) In case any term or provision hereof is incon- <br />sistent with any term or arovision contained in the Note or <br />the Net Lease, if any, the term or provisions contained in <br />this Mortgage shall be controlling. <br />IN WITNESS ~^7FiEREOF, this Mortgage is executed by Mort- <br />gagor and Mortgagee on this _~~(day of December, 1983, in <br />multiple. counterparts. <br />MORTGAGOR-DEBTOR <br />BURKE FINANCIAL CORPORATION <br />By -y~j-u=~~ ~L_ <br />M. M. Burke <br />Its: President <br />-12~- <br />
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