HomeMy WebLinkAbout0968 10. That the Mortgagors will give immediate ~wtia by mail to th~ Mortgagee of a~y conveyana. tanster o~ chsn~ of
ownership of the promises. ~
11. •That no waiw? oi any covenant henl~ or oi tM obligstion secured he~eby shall at any time thereait~? bs heW to bs
a waiver ot the tem~s heroot or ot the note securod hereby.
12. That R the Mortgagoa default In ~ny of ths covensnts or sgroements oontained Mroin. o? in said note then tM
Mortgagee may pertorm the same. a~d ali expenditu~es (Inciuding reasonable sttamey's tees) msds by the Mortgage+ in so doin8
shall d?aw interest st the rote of eight percentum (89(.) pe~ annum. a~d shall b~ ropsysble immediatey aad witf~out demsnd by
the Martgagors to the Mortga~ee. snd. togatlror with interost sod cosri accruing theroo~. shall bs secured-by-this mortgag~.
13. That the msiling ot a w~itten notice or demand sddr~ssed to the owne~ of rocord of tt~e mortgaged promises. or directed
to tM said owne~ at ths Iast address actwHy tumisbed to the Mortgagee. or directed to said owner at said mortgsged premises.
a~d mailed in tha Uoited States mails.;l~all be wfficie~t notice snd de~~s~d in an~? csss arislog under this instrumeM and ra
Qui~ed by tM provisions henof or b~l Isw. ~
14. This Mortgage shsll securo not ony existi~ indebtedn~ss. but also such tuturo advances. whather sud~ adva~ sra ~
obligatory or to be made st the option oi the MoRgags~. or otherwise. ss sro made within tweniy (20) yesrs trom the date hero-
of. M the same extent as ii such future advancas wero mad~ on the date of the executbn of this mortgags. but such secursd
indebtedness shall not exce~d at any Nme the maximum principal amount oi = 28 ~000 _ 00 . plus iMerett, and a~y
disbunements made tor the psymsnt. oi taxes, lavies or inwranse. on the property covered by the lien of this moRgage. wlth in-
terest on such disbursements.
The covenants herein contained shali biod. and the bsnei'ds aod ad~+anteges shall inuro to. the rospective hairs. executo~s.
sdministrotors and assigns oi the psrties hera~M. MR~ever used. the singular numbe~ shall include the plurai. the plursl the singu.
lar. and the use of airy gender shall indude all genders. .
IN WITNESS WHEREOF. the said Mo~tgago~s have hereu~o set their hands and seals the dsy and year first atorosaW.
Signed. sealed snd dNivered i~ the presence of:
~ q~lf~0~ ~J ~ C~.ty~ ~
ts~?w
Fred i1. g
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~p v..tA'' / csFw~~
Ra Young
cseww
cs~+~~
STATE OF FLORIDI~t. Lucie ~ ~
COUNTY OF -
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~ eefore me. the undersigned authority. on this day personaly appeared Fred N. Yotmg
3 and Kathryn Young . his wife, to me well known and known to me to be the individuais described in
~ and who executed the foregoing instrument, and acknowledged before me that they exearted the same for the purpose therein
expressed.
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WITNESS my hand and official seal this 18th day of September .19 74 • - ~
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