HomeMy WebLinkAbout1425 10. Thst th~ Mortgagors will give immediate notke by mail to tM MortQaa~w of ~ny conveyance. transter a chsng~ ot ~
own~~ship of tM p?emis~s,
11. That no wsiver of any covenant heroin ar of th~ obliption secured heroby shatl at s~y tim~ tMreaiter De held to b~
s walver of the ternn hereof or of tlis note securod ~e~eby.
12. Thst it the Mortgagors detault in any ot tM cawnants w s~reem~nts contained heroin. or tn said note the~ the
Mortgagae may pertorm the same. and all expendRuros (including ressonaWe sttorney's fees) mad~ by the MoKgaQe~ in so doing
shsll draw interast at the nte ot efght percentum (89f.) pe~ annum. and shall D~ mpayable immsdiately and without demand by
the Mo~agors to the MoKgagse~ and. togather witi~ iMtrost and costs accruir~g therooo. shall bt secured by this mortga~e.
13. Thst ths mailing oi a written notia or demand s0drossad to the own~r oi rocoM of tM rtartgaged premises. o? d~rected
to the sald owr+er at the Isst address actualy turnished to tM Matgagee, or directed to said owner at saW mortgag~d pnmises.
and mailed in the United Ststes mails, shall be suiticieM notke and demand in any csse srising under M(s instrumsnt and n-
quired b~? the P~sbns heraoi or by law.
14. This Mort~age shatl s~curo not only e~cistin~ indebtedn~ss. but also such futuro advances. whether such advances are
obligatory or to be mads at the op~ion of ths MortgaQee. or otherwise, as aro mad~ witAin tw~enty (20) years from the date hera-
of, to the ssme extent as if sucA futun advanoss wero rt~sde or~ tht date of the sx~cutbn of thls nwrtga~, but such s~cund
indebted~esa shall noR exceed at anfl ttme the maximum principal arrwoM of S2 5. 50~ . 0~ , plus interost, and amr
disbunements msds for tM psymeM of taxes, levies or insurance. on the property cw~ersd py the lien oi this nwrtgs~e. with in•
terest on such disbursements. _ . - -
- - - _
The covenants herein contained shall Wnd. snd the beneHts and advarnsges shaN inuro to. ths ~upsctlw hNrs. ~xecutws„
administrators a~d assigns of the paKies h~roto. VYhenever used. the singula~ number shatl inciude the piurat. ihe ptural the singu-
lar, aad the usa of arry gender shali indude aq genders,
IN WITNESS WHEREOF, the said MoRgagon have hereuMo set their hands a~ seals ihe day and year flrs! aforosaM.
S . led and deliverod in the presence of:
, ^ . ~ ~ .
~U
Thomas C. Goo in
. '
i • Qt~tt,.cl~ ~sEAt~ ~
C. Lorraine Goodwin
cs~?u
- (SEAU
COUNTY or-.~ t.A Ku 1~ ~ ss:
Beforo me, the undersigned autho~ty, on thFs day personalty appeared ThOm38 C. GOOdW3.II
and C. Lorraine GOOC~Wlri , his wite, to me weil know~ and known to ma to be the individuals described irt
and who ezecuted the-foregofng instroment, a~d acknowledged betore me that they executed the same for the purpose therein
expressed.
' f 73
; WITNESS my hand and oificlal sesl this ~l~ day of May , ig ~
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; ScGN1 USSIOI~ EXPIRES MAY 8, 19 ; 0~ a~~.`~:•;`,
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