HomeMy WebLinkAbout0485 l0. That_the Mortgagors will give immediate ootice by mail to tha Mortgagee oi any conveyance, transter o~ change of
ownership of the premises.
11. That no waiver of any covenant harein or of the obligation sacured he~eby shall at any tims the~eafter be held to be
a waiver of the tenns hereof o~ of the note sacured he~eby.
12. That if the Mo~tgagors defauR in any ot the covenants or agreements contained herein, or in said note then the
Mortgagee may pe~torm the same. and all expenditu?as (lncluding ?easonaDle attorney's feas) msde by the Mortgagee in so doing ~
shall draw interest at the rate of eight pe~centum (8ay„) per annum, and shall be rep~yable immediatey and without dema~d by
the Mortgagors to the Mortgagea. and. together with interest and costs acc~uing thereon, shell bs secured by this mortgage.
13. 7hat the mailing oi s written notice or demand addressed to the owne~ of recoM of the moKgaged premises, or di~ected
to the said owne~ at the last address aciually furnishad to the Mortgagee, or directed to said owner at said mortgaged premises.
and mailed in the United States mails, ShaN be suNicient notke and demand in any case arising under this instrume~t and re-
quired by the provisions heroof or Dy law.
14, This Mortgage shall secure oot ony existtng indebtednass, but also such futuro advsnces. whether such advances aro
obligatory or to be made aY the option of the Mo~tgagee, or otherwise, as are made within Mrenty (20) years irom the date here-
of, to the same extent as it such tuturo advances wero made on the date ot the execution of this mortgage. but such secured
indebtedness shall not exceed at any time the maximum principal amount of Z_~5~~~_ , p~us interest, and any
disbursemeots made for the payment of taxes. lev+es or insurance, on the prope~iy covered by the lien ot this mortgage, with In-
terest on such disbursements.
The covenants herein contained ahall bind. and the benefits and advantages shall inure to,•the respective heirs. executors.
administrators and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singu-
lar. and the use of any gender shall include all genders.
IN WITNESS WHEREOF. the ssid_Mo~Bagors have hereunto set thei~ hands and seals the day and ywr first aforesaid.
Signed, sealed and delivered in'the p~esente of: _
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_csEw~~ .
, Jame . HcConne] ]
1~ ~WC.;
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Linda McConnell
• cs~?~;
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cs~~>
STATE OF FLO~~A Lucie ~
COUNTY OF
Before me, the undersigned authority, on this day personally appeared ~a~5 R. Mcfonnell
and ~l ~dd McConnQ~ ~ . his wife, to me well known a~d known to me to be the individuals described in
and vrho executed the ioregoing instrument, and acknowledged before me that they executed the same for the purpose therein
expressed.
WiTNESS my hand and o~cial seal this ~~~h day of September ,19J$___.
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' ~ Notary Pubtic. State of Florida .
- ' . , ; . My commission expires:
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7 " ~ fILEO AMO REGUHDEU '
• ~ , ST.IUCtE COUNTr Fl~. ~
- ^ - ^ . - ROC%A POITP.AS '
C~ EPK ~~~.;,~~ti CCI~
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