HomeMy WebLinkAbout0189 10. That the Mortgagorr will give immediate ~otice by mail to the Mortgagee oi any conveyance, tanster or chsnge ot
ownership oi the premfses. ' `
11. That no wsive~ of sny covenant heretn or oi the obligstio~ secured hereby shsll st any time thereafter bs held to be ~
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a waiv~r of ihe tarms hereat ar of the note secured he~eby. `
12. That if the Mortga~on defauR in any of the covenants or agreements contained herein, or in said note the~ the }
Mortgagee msy pe~torm the same. and all expenditures (including reawnable attorney's tees) made by the MoNgagee in so doing ~
shall draw interest st the rate of eight pe?centum (8gf,) pe~ annum, and shal! be repayable immediatey and vrithout demand by ;
the Mortgagors to the Mo~tgagee, and. together with interost and costs sccruing thereon, shsll bs secured by this mortgage. '
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13. That the mailing of a written ~otice or demand addressed to the owner oi rocord oi ths mortgagad premises. or directed j
to the said owner at the last addross actusly furnished to the Mortgagee, or directed to said owner st said mort8sged premises. `
and mailed in the United States mails, shalt be sufficie~t notice and demand in any case arising unde~ this instniment and m-
quired by the provisions heraot o~ by law.
14. This Mortgage shall secure not oNy e~cisti~g Indebtedness. but also such iuturo advances, whether such advances aro
obligatory or to be made at the option of the Mortgsgee. or otherwise, as are made within twenty (20) years irom the date here-
ai. to the sarr~ ~xtent as ii suth f~~*~=re crn ttsc slate oi tt~e exocutbn of this mo~tga8e> but such securod ~
indebtedness shall not exceed at any time the maximum p~incipal amount of =~j$tQQQ.00 . plus interest. and any ~
disbursements made tor the paymeM of taxes. levies or i~surance, on the property covered by the lien oi this mortgaBe. with in• ~
terest on such disbursements. ~ '
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ThE covenants herein cootained shall bind. and the beneTits and advantages shall inure to, the respective heirs, executors.
administrata'3 and assigns of the parties hereto. Wheneve~ used, the singular number shsll include the plurai. the piural the singu-
lar. and the use ot any gender shall include all genders.
IN WITNESS WHEREOF. the said Mortgagors have hereunto set their hands and seals the day and yes~ first aforesaid.
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Signed, sealed and delivered in the presence of: i
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Bdward C. SWanso '
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f~ ` 1 ~ 2t~ ' r'~.."'" -a c~~ ~
~ ~ irginia M. Sranson ~
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STATE OF FL~R IDA ~ ~
I COUNTY OF ~t • Lucie ss: ;
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~ Beforo me. the undersigned authority, on this day personslly appeared Ed~rard C. Swanson
and Virginia M. Svanson . his wife, to me weil known and known to me to be the individuals.described in
i and who executed the torego+ng instrument, and acknowledged before me that they executed the same tor the purpose therein
expressed.
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WITNESS my hand and official seal this 26th day of Jgnuarq ; i~~~~7g:
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