HomeMy WebLinkAbout0497 10. That the Mortgagors will give lmmediate notta by maU to tM Mongagee oi any co~veyanc~. tansfe~ or thange of
ownenhip oi the premises.
1 l. That no waive~ ot aml covenant heni~ or of th~ obliQstion secured Mreby shall at any time theroafter be held to bs
a wsive~ ot the terms hereof or of the note securod Mmby.
12. That if the Mortgsgon default in any of tM cdvens~b w agreeme~ts contsined herein. or in ssid note then the
Mortgages m~y perfwm tM sam~. snd ali ezpenditures (including reasonsDle attorney's fees) made by ths Mortgage~ in so doing
shall draw interost at the rate of eight p~?centum (8qf.) pK annum. and shaff be ropsyaWe immadiately a~d vrithout demand by
the Mo~tgagors to the Mo~tgage~. snd, together with iMerost and costs accn,ing tMroon. shall bs securod by this mo~sge.
13. That the mailing oi a w~itte~ ~otios or demsnd addressed to the ow~e~ of recoM ot tlie mortgaged promis~s. or d(ncted '
to tM said owne~ at the last sddross actwly fumished to th~ Mortgagee. or directed to ssid owner at said mortgaged premtses.
and mailed in the United Stat~s mails. sAall be suHktent notke and damaod in a~y csse a~islr~ under this iostrument and ro-
quired by tM provisio~s heroof w by Isw.
14. This MoKgaQe shall s~curo not ony exisUnQ indeDtedness. but also such tuturo advancas. whether such advances aro
obligatory or to be made at tt~e option of tht Mortgagee. ot otherwise. as are made within twenty (20) ysars irom the date hero-
ot. to the same extent as if wch futuro advances were made on tM date of the exacutbn oi thb mortgag~, but wd~ securod
~ indebtedness shall not excesd at any time the maximum principal amount of = 33 500.00
disbursements made for the psymeM ot taxes. levies o? insu?ance. on the ~ . P~US iMsrest, and yny
property coverod by the Ikn of this mortgsge. with tn-
terest on s;:~ disbursemenb.
The covenants herein coMained shall bind. snd the beneffts and advantages shall inuro to. the rospectivs heirs. exacutors.
administratas snd suigns oi tt~e parties heroto. Whenever used. the singular number shall inctude the piural. the plural tM singu-
Ia?. and the uss of any gender shail it~clude all genders.
IN WITNESS WHEREOF. the said Mortgagcrs Aave hereunto set their hands and s s~e day and year flrst atorosaid.
Signed. sesled and deliverod in the presence o~
v-~-' C
U
Fer n Nusser
~ • .~t~~G~,~..~r
o /~ZCt.IdC ts~
aloria G. Nusser
csEw~~
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STATE OF FLORIDA t
COUNTY OF St. Lucie (
8etoro me, the undersigned authority, on this day personally appeared FerguBOII H11B8er
and Gloria G. MuBSeY' . his wite, to me well known and known to me to be the individuals described in
and who executed the foregoing instrument, and acknowledged befo~e me that they executed the same for the purpose therein
expr~sed,
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~ WITNESS my hand and o~cial seal this 2~+th day ot November ~9~,,,r.
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