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10. That the Mortgagors will give immediate notice by mafl to the MoRgagee ot any conveyance, t?anste~ or change of ~
ownership of the premises. 4
11. That no waiver of any rnvenant herein or of the oWigation secu~ed he~eby shall at any time thereaRer be held to be
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a waiver ot the terms heroof or of the note stcured hereby. ;
12. That ii the Mo~tgagors detault in aml of the coveoants or agreements rnntained herein. o~ in said note then the :
Mortgag~e may pe~form tbe sams, a~d all expendituros (i~cluding reaso~able attomey's tees) made by the Mortgagee in so doiog ?
shall draw interest at the rate of eight perce~tum (8 ~f,) per annum. a~d shall ue mpayable immediately and without demand by 3
the Mo~tgagors to the Mortgagee. and. together with interest and costs accruing thereon. shall be secured by this mortgage. :
13. That the mailing of s writte~ ~otice or demand addrossed to the owner oi rocord of the mortga8ed premises. o~ directed
to the said ow~er st the last address actualy fumished to the Mo?tgagee. or directed to said owner at said mo?tgaged promises. i
and mailed in the United States mails. shall be sufficieM notice and demand in any case arising u~der this instrument and re- ~
quired by the provisions he?aof or by law.
14. This MoKgage shall sacure not ony existing indebtedness, but also such futuro advances. whether such advances are
obligatory or to De made at the option of the Mo?tgagee. or otherwise. as are made within twenty (20) years trom the date hem-
of. to the same extent as if such futuro advances wem made on the date of the. execution of this mo~tgage. but sucfi securcd
indebtedness shall not exceed at any time the ma~cimum principal amount oi = 23 s 00~ • ~0 . plus interest. snd any I
disbursements made tor the paymeM of taxes. levies or insurance. on the property covered by the lien of this mortgage. with in-
terest o~ such disbursements.
The covenants herein contained shall bind. and the benefits and advantages shali inure to. the rospective heirs. executors. I
administrators and assigns ot the pa~ties hereto. Whcoever used, the singular number shall inciude the plural. the piural the singu-
lar. and the use of any gerxler shall i~clude all genders.
IN WITNESS WHEREOF, the said Mortgagors have hereuMo set their hands and seals the day and year first aforesaid.
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Signed. sealed and deliveretS in the presence of:
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" - (SEAW
Tho~aa Payne
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0 ores ayne
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j STATE OF FLORIDA ~ ~
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~ Befor~e me, the undersigned authority, on this day personaily appeared Thomae Payne
and DOZOre 8 P_
3~T.Y1G', . his wife. to me weil known and known to me to be the individuals described in
~g and who executea flie foregving instrument, and acknowledged before me that they executed the same for the purpose therein
f expressed.
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~ WITNESS my hand and oKcial seal this 17thday of January ;~~7$9r
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~ My commission expires: Jo 4-:
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~ ppTARlf PUBUC, STATE of RORIDA ~
YY COMM{SSIOt~ EXPIRES DEC. 7, 1~ ~ 3t
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