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Session Laws, 1856
Volume 623, Page 269   View pdf image
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T. WATKINS LIGON, ESQUIRE, GOVERNOR.

269

104. A mortgage made in the above form, or to
the like effect, shall be construed and deemed a good
and sufficient mortgage, for the purposes therein
specified.
105. Any covenant, proviso, limitation or restric-
tion, allowed by law, may be added, annexed to or
introduced into the foregoing form.
106. When in a mortgage the words, "the said
covenants ," are used, such covenant shall
have the same effect as if it was expressed to be by
the covenantor himself, personal representatives and
heirs, and shall be deemed to be with the covenan-
tee, his heirs, personal representatives and assigns.
107. A covenant by a mortgagor "that he will pay
the aforesaid money," shall be construed and have
the same effect as if the mortgagor had covenanted
that he, his heirs, executors and administrators, shall
well and truly pay, or cause to be paid, unto the said
(the mortgagee,) his executors, administrators,
heirs or assigns, the said sum of dollars, with
interest for the same, at such times and after such
manner as hereinbefore set forth and agreed upon for
the payment thereof.
108. A covenant by a mortgagor "that in default
of payment, the said (the mortgagee,) may enter en-
ter," shall be construed, and have the same effect as
if the mortgagor had convenanted "that if default
shall be made in the payment of the sum of dol-
lars, with the interest, or any part thereof, at the
times, or in the manner aforesaid, then and from,
thenceforth it shall and may be lawful for the said
(the mortgagee,) his heirs and assigns, to enter into
and upon the said land and premises hereby granted
and released, or intended so to be, with the appur-
tenances, and every part and parcel thereof, to have,
hold, possess and enjoy the same, and receive and
take the rents, issues, profits, crops and produce
thereof, and of every part thereof, to and for the use
and benefit of the said (the mortgagee,) his heirs and
assigns, without any lawful let, suit, interruption, dis-
turbance, claim or demand whatever, from or by the
said (mortgagor,) his heirs, or any other person or
persons whatever.
109. In a mortgage, the following proviso, "Pro-
vided, that until default of payment, the said (the
mortgagor) shall possess the premises," shall be con-
strued, and have the same effect as if the following
proviso had been therein inserted: "Provided always,

Of mortgees.



 
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Session Laws, 1856
Volume 623, Page 269   View pdf image
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