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In This Volume

  • 16 (1) This mortgage binds the borrower and the covenantor and their successors, executors, administrators and assigns.
  • (2) Each person who signs this mortgage as a borrower is jointly and severally liable for all of the borrower’s promises and agreements as though each such borrower had been the only borrower to sign.
  • (3) If any part of this mortgage is not enforceable all other parts will remain in effect and be enforceable against the borrower and any covenantor.