HomeMy WebLinkAbout0188 10. That the Mortga~on will give immediate notice by mail to th~ Mortgagee of any co~veysnce, trsnsfer or chsnge of
ownership oi tha pmmises.
12. That no waiver ot s~y covenant hereln or of ths oWl~sstlon setured hereby shall st any time the~safter be held to bs
a waiver oi the temn h~raof o~ ot tM note secured Mreby.
12. That H the Mo~tgagors defauR ie s~y of tM covenanri or sgreemeots contained hemin, or in safd note then the
Mortgagee may peNonn the same. and atl expandituros (inciuding reasonable attorney's fees) made by the Mortgagee in so doing
shall draw interost at the nte oi eight perce~tum (8°~) per annum, and shsll be repayable immediately and without demand by
the Mortgago?s to the Mortgagee, and, togsther with lnterest and costs accruing theroon. shall be securod by this mortgage.
13. Thst the mafli?~g of a writtsn ~otice w demand addresssd to the owner of rocord ot ths mo~aged promises. or directed
to ths said owne~ at the last addross actualy tumishsd to the Mortgagee, or dirocted to said owner st said mortgaged pmmise~.
and mailed in ths United States mails. shall be sufficient notice a~d demand in am? case arisiog under this tnstrument and re-
Quired by the provisfoos heroof or by Iaw.
14. This Mo~tgag~ shalt securo not oniy existing indebtedness. but slso such futum advances. whethsr sucl~ sdvances aro
odigatory or to be made at ths option of the Mortgagee. or othenrise. as aro made within twenty (20) yesrs irom the date hero-
oi, to the same extent as if such tuture advances were made on the date oi ths exacution oi thh mortgage. but such securod
indebtedness shsll not exceed at sny time the maxlmum princlpal amount of; 2 S.000 . 00 . plus fnterest. a~d any
disbursements made tor the payme~t of taxes. levies o~ insurs~ce. on the property coverod by the lien of this mortgsge. with tn-
terest on such disbu~sements.
Ths covenants haroin contained sbalt bind. and the benefits and advsntages shall inum to, the respective heirs, e~tecutors,
administmtors and su~ns ot the parties hereto. Wheneve~ used, the singular number shall include the plursl, the,plursl ti~ singu• '
lar, and tha use ot am gendtr shall includs all genders.
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IN WITNESS WHEREOF. tt~e said Mortgagors bsve herou~to set their hands and seats the day aed year f~ty~~sMd..
Signed. seated aad detivered in the presence of: =~'~t-r
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<< alyah Price Warthman ' N';~~.
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Janina Warthman _ ~
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(SEAU
STATE OF . G~- ~
cou~vr~r of
Before me, the undersigned authority, on this day personaly appeared Adalyah Price Warthman
a~ Janina Warthman , his wife, to me well known and known to me to be the individuais described in
and who executed the toregoing inst?ument, and acknowledged before me that they executed the same for the purpose therein
~P~essed.
WITNESS my hand and official seal this ~ day of ' 19~.
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Notary Public, Stste eH~orbs /y~cy/~/f?/Y
, My commission expires:
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