HomeMy WebLinkAbout0410 10. That tM Mo?t~a~ois will Qiw imm~dlat~ notia? by mal{ to thi Mwt~s~ea ot any tonwyana, ta~stet a ch~ng~ of
owne~shipottt»phmis~s. ~is iaortgage is not assumable~.
11. That no r?aiver of anr cowaaM Mnin w of th~ obllpUon securod Mnby shall ~t any Um~ tMnaft~r b~ heid to b~
. s wsiwr of tM ttmn Mnof or ot tM ~~ot~ s~cund Mnby. - . .
12. Thst H th~ Mat~aaors dNauk In sn~r of tM ~awn~nb or s~n~rt»nts contain«t h~nln. or !n aW not~ th~n tiN _
Mo~a~ may p~~fonn tM sart~. aod all exp~ndltur~s (I~cludir~ nasonabl~ attorr»y's tNS) msde by tM Mo~sae~ in so doing
shall drsw Intenst at th~ »te of N~ht ptrantum (8y(~) pK annum, s~d sh~ll D~ r~payabN imm~distey ~od without d~maod 6y
th~ MortQa~on to th~ MortQa~. and. to~tthK with Inbnst snd cosb ~uinQ tMnon. shali b~ s~cund by tAis mo~a~.
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13. That th~ maiNnQ ot, a w~fthn notia or d~mand addnss~d to the ow~er ot nooM oi tM mort~d pnmises. or d(ncted .
to tM saW own~r ~t tM last sddnss actwly tumished to ttN MortaaQ~e. or dinct~d to said awn~r at said nw?t~sg~d pnmises.
aed mait~ in th~ tlnit~d Stst~s maiis. sfull b~ wHktent notic~ and d~mand in arry cas~ arising und~r thb lostrum~nt and n-
Quired by tM D~'o+?isiOns h~nOt or by liw. -
14. Thb Mort~a~ shaN s~eun not onb adstln~ indebtedmss. but aiso wch futuro advands, wMtMr such a~dvant~s aro
oDligstory or to b~ n~ad~ st tM option ot th~ Mor~. o? otherwis~. ss an made within Mnnb (20) Y~an from th~ dat~ h~ro-
oi, to tM s~m~ exttM as H such futuro sdwnas w~an aiad~ on th~ date ot tM ~xscution ot thb mo~. but such srcured
indebt~ness shall not ~xcNd at amt dm~ the rnsximum principal amouM ot i 26 . 700. 00 . ptus iaNnst. and smr
dbbun~ma~ts matN for ths psyrrnM of tax~s. IwNs or fnsunnu. on !M property coverad b~r tM IMn oi thK rtwrtg~Qs. with ie-
terest on such disbwssrnenb.
TM oovenants h~rNn oontain~d shsll Wnd, and tM b~~efits and sdvantagas shaN inun to. th~ rapectiw hNrs. ezecutors.
administratas and ass~ns ot tM p~Kips Mnto. MIhNNw~ us~d. the singubr number shsll indud~ tM plural. tM plural ths singu-
br. end tM us~ oi any ~ndar sha~ll inclwN al! gtnders.
' IN WITNESS WHEREOF. th~ ssW Mo~agors haw henu~to set their Mods and seats the day and ysar iirst aforssaW.
SlSnecl. ssaled and delhrend in tM pres~nce of:
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~ - Wayne S~ es, Jr. - ~ -
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~ cs~?w
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ts~w
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:JiRi~. Vi fLVi~iiiii ~
COUNTY OF S t. Luc ie t~'
Befors me. tM undeniQnsd authority, on this day personally sppeared Wayne Sines , Jr..
xastxxlaxxxxxxxxxxxx~ac~ocxxxxxxxxx~iaa~ifimc~ k~wMm and knowe to me to bs the individwis desc~ibed in
- and vrho ex~cuted the toregoir~ instrumeM, and acknowledgad beforo me that they executed ~the ssme far !he pu~pose therain
exDressed. • .
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