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HomeMy WebLinkAbout0924 10. That the Mortgago?s will give immadiate notice Dy mail to th~ Mortgsgee of any conveyance, traoste~ or change of ownership ot the promises. 11. That no waive~ of any covenant he~ein w o1 ths obllgstbe secured heroby shall at any tirt?~ theroafter be held to be a wsiver o! ths terms hereof or oi the note sacurod h~reby. 12. That fi the Mortgagon default fn any ot tM cavenaots or agreements contaioed heroin. or in said nots then ths Mortgagee may peNorm the same. and all expendituros (including masonaWe attomey s tees) msde by ths Mortgagee in so doing shall draw interest at the rate of eight perceotum (8q(.) pk an~um. and sball be mpayaDle immedistsly and without demand by the Mo~tgagws to the MoKgagee. and. togather with intenst and costs accruing therooe. shall Ds securod by this mortgage. 13. That the maiting of a written notioe o? demand addressed to the owner of record of the mortgaged premises. or dirocted to the sald owner at ths Isst addross actualy tumished to tbe MoRgagee. or directed to said owne~ at ssid mortgaged premises. and mailed in the Unitsd Statas mails. shall be suft'~cient notke and demand in any case arising under this instromeM and ro- quired by the provisloos he~eof or bgl law. 14. This MortgaQe shall securo not ooy exist~nQ indebtedness. but atsq such futum advsnces, whether such advances aro obligatory or to be msde at the optbn of tM Mortgsgea, or othervrise. as are made withie tweMy (20) ysars from the dats hero- of, to the same extent as N such tuturo advances were made on the dste oi the exacution of this rtattgaQs. but such sscured indebtedness shsU not exceed at any tlme the msximum principal amount of = 5~00~.00 . plus interost. sed a~y disbursemeots made for the paymeM ot taxes. Iwies or insuronce. o~ the p~opeRy oovered by the Ikn ot Mis mortgege. with in- terest on such disbu~semeots. . ' The covenants hercin containcd shall bind. ~nd the benefits and sdvantsges shali inum to. tM respecthre heirs, executors. administrators and assigns of the parties hereto. Whenever used, tt~e singular number shall include the plural, ths plural the si~gu- lar, and the use of sny gender shall iodude all ge~an. IN WITNESS WHEREOF. the said Mortgagors have herouMo set thei~ hands aod seals the day and year tirst aioresaid. Sigoed. seakd and delivered in ihe ~esenoe of: ~w~a~ ~'.i.c-t- ~ ~ • ~ cs~?u Leonard Ba~is ~ ts~?~~ dndith fillen Da~is ~ ts~?~~ ~~w STATE OF FLOR~pA LtiC].e ~ ~ COUNTY OF t• Before me. the undersigned authority> on this day personslly apaeared Leons='d E. DsY1B and Jndith Ellen Davis . his wife, to me well known and known to me to be the i~ividuals described in and who sxecuted the foregang instrumen~ and acknowledged before me that they executed the same for the purpose therein expressed. I ; WITNESS my hand and offiiciai seai tt}is ~7th ~s~ a! Tdc3se~ber .19~. .,,,,,,~~~~,~e,r~.;,;~j` _•i_ i `'~~~h~sl.'~~ S i~~, rJJ.:~ ~i~_ . Y t/ ~ _~i .~-~•!y4~: :~A~, ' ~ . M ~y' = Notary PuWic. State of Florida • ` ~ G~ I _ ` i ~ My commission expiros: / r~ / ~D ~:i ' -t ora • ~ - cA';:A ' , - . • ; u _ ~ ~ •..rf~ti~ : ::-.f• t. ; ~ ' ~~r ~ ~1.,.,n. ~~~EO ~N~ ~~cW0E0 F~~~fD~ ,...~~?_-y~:~ - TY FU. ~,u~~~}~~~~! . ~t. ttlCtE C4UM _ _ ..,'.r_; . AOGEn i0tT1US . t~ RF OFC VEfiRilfO C~U~ r u ~ P~+'16 - i 3:,~;`709 6~t;K ~~U FAGE ~3.. j