HomeMy WebLinkAbout0789 10. That the Mortgagors will give immediste notke by mail to the Mortgagee of any co~veyance. transier or change of
ovmership of tAe pmmises.
11. That no waiver of any covenant here(n o~ of the obli~ation sacured hereby shsll at sny time themaiter be held to bs
a waive? ot the temn hereof or of the note secured henby. ~
12. That if ths Mortgagors defauR In any of tM covenants or agreements containsd heroin. or in said noM then tha
Mortgagee may peKwm tM same. and all expendituros (including roasonaWe attorney's tees) made by the Mortgagee in so doing
shsll draw interest at tM ats of eight percentum (89f,) per annum, and shall be repayable immediately and without demand by
the Mortgagors to the Mortgsgae. and. together with i~terost and costs accruing thereon, shall be secured by this mortgage.
13. That the mailing oi a written notice or demand addrossed to the ovmer of rocord o! the mortgaged premises. or dlracted
to the satd owne~ st the Isst addross actwly fumished to the Mortgagee. or directed to said ovmer at said mortgaged premises.
and mailed in the United States msils. shall be sufficient notice and demand in any cass srisf~g under this inst~ume~t and re~
quired by the provlsions he~eof or by law.
14. This Mo~tgage ahall secum not ony existinQ indebtedoess. but also such future advsnc~. whether such advances aro
obligatory o~ to be made at the option of the Mo~tgsgee, or otherwise. as are made within twenty (ZO) years irom the date here-
of, to the same extent as it wch futuro advancas wero msde on the date oi the enacution of this rtwrtgage. Dut such secured
indebtedness shall not exceed at amr time the maximum principal amount of =~,~.*D00_00 . plus interost. snd any
disbursements made ior the payment oi taxes. levies or insurance. on the property coverod by the lieo of this mo~tgage, with in-
terest on such disbursements.
The covensnts herein coMained shall bind, snd the benefits and advantsges shall inuro to, the respecthre heirs. axecutors.
administrators antf assigns oi the pa~ heteto. VYhwtiever used, the singular number shalt inciude the ptural, the piural the singu-
la~. and the uss of any gender shell i~clude all genders.
IN WITNESS WHEREOF, the saW Mortgsgon have herounto set their hands and seals the day aod year ~irst atoresaid.
Signed. sealed a~ deliveoed in the prosenoe of:
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Othel E. Burton ~
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Reva Ti. Bnrton ~
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Before me. the underslgned authority. on this day personaly appeared Qthel T. BnrtOn
and $g~g- jy. $~tpn , his wife. to me weli known and known to me to be the individuals described in x
and wFw executed the foregang instiument, and acacnowicdged before me that they executed the same for the purpose therein ~
expressed. -
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WITNESS my hand and official seal this ].2th day oi p078~ygr t;9~~-~ -
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Notary PuWic. .
My commissi ~expiros• r'~4h ,
NOTIIRY PUBIIC. STATE af~~,
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MY COAIMISSION EIIPIRES ~EG~''f;"1876
BonAeO TAru General Inwr~nti UOQ~nY~lt~ty, -
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