HomeMy WebLinkAbout0395 10. That the Mortgagors will give immediate notite by mail to the Mortgagee oi any conveyance, tronster or change oi
ownenhip oi the premises.
11. That no waiver of any covenaot herain or of the obligation secured hereby shall at any time thereafter be held to bs ,
a waiver of the tenns hereof or ot the nots secured he~eby. '
12. That ii the Mongagors defauR In any ot ths covenants or agreements contained hsreio. or in said note then the
Mo~tgagse may pe~torm the same, and all ezpenditures (including reaso~~abte attorney's fees) made by the Mo~tgagee in so doing
shall draw interest at the rate of eight percentum (8°~) pe~ annum, and shatl be repayable immedistely and without dema~d by
the Mortgago?s to the Mo~tgagee, and, together with interest and costs accruing thereon, shall ba secured by this mortgage.
• 13. That the mailir?g of a written ~otice or demand addressed to the owne~ oi record oi the mortgaged premises. o~ directed
to the said owner at the Iast address actually tumished to the Mortgagee, o~ directed to said owoe~ at said mo~tgaged premises.
and mailed in the United States mails. shall be sufficient notice and demand in sny case arising under this Instrument and re•
quired by the provisions hereoi o? by Iaw. j
14. This Moitgage shall secure not ony existing indebtedness, but also such tuture advances, whether such advsnces aro `
obligatory o~ to be made at the option oi the Mortgagee. or otherwise, as are made within tvrenty (20) years from the date hero-
of, to the same extent as if such tuture sdvances were made on the date of the execution of this mortgags. but such secured •
35 000.00 ~
indebtedness shall not ezceed at any time the ma~mum principal amount of: ~ . plus interest, and any
disbursements made for the payment of taxes, levies or insurance, on the property covered by the lie~ of this mortgage, with in-
terest on such disbursements.
The covenants herein contained shall bind, snd the benefits and advantages shall inure to, the rospective heirs. executors,
administroto?s and assigns of the parties hereto. VYhenever used, the singular number shall include the plural. the plurol the singu-
lar, and the use of any gender shall include all genders.
IN WITNESS WHEREOF. the said Mortgagors have hereunto set their hands and seals the day and year first aforesaid.
Signed, sealed and delivered in the presence of:
. .
~ - ~ ~ ~ C~t ~Y~! _
Gene C. Drumm
V~_~- ` \f~a~ - .
cs~?~~
csew~~
(SE]1L)
STATE OF FLQRIDA ~
COUNTY OF St . Luc ie
Before me, the undersigned authority, on this day personally appeared ~ne C. jh'tlliitt ~
)W~i to me well known and known to me to be the individuals destribed in
; and who executed the foregoing instrumerst, and acknowledged betore me that they executed the same for the purpose therein
ezpressed.
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o~~~" day of ~~~+-~t~n ` ` ~'~19 '
~ WITNESS my hand and o~cial seal this ~
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Notary Publi~~a f~l.t~1~ ~ ~
FIlEO ANp RECOROED My commission expires: J~'•. .•'.O :
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