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HomeMy WebLinkAbout0293 • 10. That ihe Mortgagors will give immediate notice by msil to ihe Mortgagee oi any conveyance, transter or change of ownership of the premises. 11. That no waiver oi any covenant herein o~ oi the obUgation secured hereby shall at any time thereafter be held to be a waiver pf the terms hereof o? of the note secured ha~eby. ~ 12. That ii the Mortgagors defauft in any of the covenants or ag~eements contained herein, or in said note then the ; Mo~tgagee may periorm the same, and all expenditures (including reasonable attorney's tees) made by the Mo~tgagee in so doing ~ shall d~aw interest tt the rate of eight percentum (8°/,) per aooum, and shall be ~epayabte immediately and without demand by i the Mortgagors to the Mo~tgagee. and, together with interest and costs accruing thereon, shall be secured by this mortgage. ' 13. That the mailing oi a writte~ notice or demand addressed to the owner of record of the mortgaged premises, or directed to the said owner at the last address actually turnished to the Mortgagee, or directed to said owner at said mortgaged premises. and mailed in the United States mails. shall be sufficient notice and demand in any case arising under this ir~strument ar?d re- quired by the provisions hereoi or by law. 14. This Mortgage shall secu~e not ony exlsting fndebtedness, but also such futu~e advances, whether such advances are obligatory or to be made at the option of the"iNortgagee, or otherwise, as are made within twenty (20) years trom the date here- of, to the same extent as ii such future advances were made on the date of the execution ot this mortgage. but such secured indebtedness shall not exceed at any time the maximum principal amount of = 18 ~ 00~ . ~0 . plus interest. and any disbursements made tor the payment of taxes, levies or insurance, on the property covered by the lien ot this mortgage. with in• _ terest on suEh disbursements. The covenants herein contained shall bind. and the benei'its and advantages shall inu~e to, the rcspective heirs. exec~dors. administrators and assigns of the parties hereto. Wheneve~ used, the singular number shall include the plural. the plural the singu- lar, and the use of any gender shall include all genders. IN WITNESS WHEREOF. the said Mottgagors have hereunto set their hands and seals the day and year first aforesaid. Signed, sealed and delivered in the presence of: r ts~?u Richard D, g C/( • 4 (SEAL) J., e A. You ~ (SEAL) i A (SEAL) STATE OF FLORIDA ~ i COUNTY OF S t. I~U C 1@ u' ' ~ 4 i i ~ ; ~ Before me, the undersigned authority, on this day personally appeared Richard D. YOUng ' ; and JanE ~A. YouIIg . his wife, to me well known and known to me to be the individuals described in ~ # and who executed the foregoing instrument. and acknowledged betore me that they executed the same tor the purpose therein ~ ; expressed. 3 . ~ ~ • . . : € - ~ ; ~ ; ~gg WI7NESS my hand and o~cial seal this 13 th day of ~ecer~ber ,~~.~~L~~ ~ ~ " • . J . ~ 11 ` • \ ~ ~ _ ~ • i W-' , \.I~~ Notary PuW'i~, St~t~ of ~laa y: _ ~ My commission expires: _.r ~ ~ ~f~ !~J l A1Y~C'~. . ~ i~T~T~••.Z'.t'~.~E , dt~N.;cuf - ^ ` ~ 1 ~ •I „~j„ f~~ • r~ 177Y ~ ~t:~rt~~EIHOKS; _ ~ ~ 4 This instrument prepared by Frank L. Tallant,Jr. Vice Pres , and Cashier ' - Port St . Lucie Bank P.O. Box 4381 . _ Ft. Pierce, Florida $$450 = ~ , LL= ; ~ f - aEG~~~;~~: ~ ~M~ Y ` ~~~'~P~`~~~QUM - ~oc ~Y c : ~ ~`y !f ~DR~ yf";~ ' ' ~ ~ ~ 1 ~ 3 ~ ~ s ? _ BOOK~~~ ~ i:?i ~ • iOV i ~ V:F ~ 5 k ' ~ ....,atF. . .v. . . .r , . . . _ - ,.e.._ a