HomeMy WebLinkAbout0111 10. That the Mortgagors will giw immediab notic~ Ly mail to the Mortga~ee oi any conveyance, transfer or chang~ of
ownership of ths promises.
11. That no waiver ot sny covenant henin or of tM obliQation secured he~eby shall at any time thereaiter be held to be
s wsiver ot tM temu Mraot o~ oi the not~ sscured Mroby.
12. TNat if the MortgaQo~s detsult in sny of the covenants or sgmements co~tsined heroi~. or i~ said note then the
Mortgagea may pe~form the ssme. a~d all expendfturos (Including reasonable sttomey's fees) made by the Mortgagee in so doing
shatl draw i~terest at the rate of eight percentum ($°}f,) pt~ annum. and shall be ropayaDle immadiatey and wKhout demand by
the Mo~igagas to the Mo~tgsqe~. and. together vrith interest and costs accruing thercan, shali be secured by this mortgsge.
13. That tha maifing of a written natice or demand addrossed to the owne~ of roco?d of the mortgaged premises, or dirocted
to the ssid owne~ at the last addross adwly fumished to tM Mortgagee, o~ dirccted to safd owne~ at said mortgaged promises.
and 'mailed in the United States mails, shall be suHicient notlce and demand in any case arisi~g under this instrume~t and re-
Quired b~? the provisions heroof or by law. .
14. This Mortgage shall securo not ony exisUna IndebMdness, but also such futum adva~cas, whether such advsnces aro '
oWigatory o? to De msd~ st the option of the Matgagee, or otherwise, ss am made within twenty (20) ysars irom the date here-
oi, to the s~me exteet as if such futuro advanoss wsre rtiade oo the date of the execution oi this mortgage, but such sscured
indebtedness shall n~ excaed at sny time the maximum principal amount oi = ~ ~ 172 . plus interest. and any
disbursements made tor the paymeM oi taxes. levies o~ inwrance. on the property covered by the lien oi this mortgage, with In-
terest on such disbursements.
Tho cove~ants herein coMained shall bind. and the benefits and advaotages shall inure to, the rospective heirs, enacutors.
administ~ators and assigns of the parties hereto. Whenever used, the singular number shall i~clude the plural. the ptursl the singu-
Isr, snd ths use ot sny gender shall include sll genders.
IN WITNESS WHEREOF. the safd Mortgagors have hereuMo set thei~ hands and seals the day and year first aforosaM.
Slgned. sealed deliverod in the p?asence of:
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Pamela . Migl
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STATE OF FLORIDA ~ t
COUNTYOF St. Lucie (
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Beforo me, the urulersigned authority, on this day personaly appeared Joaeph V. Miglino
and p~18 E. Niglino . his wife, to me well known and knorm to me to be the individuals described in
and who executed the forcgang instrumeni, and acknowledged before me that they executed the same tor the purpose therein
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WITNESS my hand and official seal this lOth day of gebruarq 1~9 __.7~
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