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82000202
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82000202
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Last modified
3/9/2009 6:26:07 PM
Creation date
2/27/2009 11:47:24 AM
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DEEDS
Inst Number
82000202
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~IX-- <br />'~~~`~~l~~d <br />2. The Mortgagor shall not make any change in the s,itua- <br />tiexn of any of the bua:ldings, fixtures or outer structures and <br />improv~ttents hereby mortgaged without written consent of the <br />Mortgagee. The written consent of the riSortgagee wi11 not be <br />unreasonably withheld. <br />E. Defeasance. <br />After full and complete payment and saL_sfaatian pf the <br />principal of a.nd interest on tine promo>sery Note secured hereby, <br />then, and in that case only, this rilartgage shall became null and <br />void and the interest of Mortgagor in tiro ritortgaged Property <br />shall Ysecome wholly clear of ti;is lien and security interest <br />created. hereby, and such 3ien and security interest shall be <br />released in due course at the ccst of Mortgagor upon receipt by <br />the Mortgagee of evidence satisfactory to him of the payment in <br />full of the obligations secured hereby; otherwise and at all <br />times tYsis Mortgage sha11 remain and continue in full force and <br />effec~tq. {~y~ y~f ~p <br />Y • LI.S;~~24bY~1 w <br />A,. uTpan occurrence of any event at default, the Mortgagee <br />may, at Mortgagee's option, declare the entire unpaid principal. <br />and interest balance of the pro~±isscr;T?Vate secured by this <br />;~:ortgage presently due azzd payable axtd may praeeed to enforce <br />this ri4ortgage through any remedy hereinafter provi ed. <br />B, Each of the following shall be deemed an event of <br />default: <br />- 9 <br /> <br /> <br />
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