HomeMy WebLinkAbout2917 10. That tM Mortgagoa will gfw immediate notiq by mail to tM Mortgagee of any conwyarrce. transfer or change of
ownership of tM prombes.
11. That no waiver of any oownant herein or of tM obligatbn secured Mreby shall at any time tMroafter be Mkf to ba
a wshrer of tM terms Mroof or of tM note securod Mroby.
12. That H tM Mortgagors default In arty of tM covenants or agrwmenb contained herenn. or in said note then tM
Mortgagee may perform tM same. and all expenditures (including reasonable attorney's fees) made by tM MortgagM in so doing
shall draw interest at tM rote of eight perceMum (8yf.) par annum. and shall be repayabN immadlatey and without demand by
the Mortgagont to tM Mortgagee. and, togetMr with irKerest and costs accruing thereon, shall be severed bf? fhb mortgage.
13. TMt tM mailing of a written notice or demand addressed to tM owner of recoM of tM mortgaged premises. or dirocted
to tM said owner at tM last address actwly fumbhed to tM Mortgagee. or directed to saW owner at saW nwrtgaged premises.
and mailed in tM UnRed States maib. shall be wffkierrt notice and demand in any case arising under fhb instrument and ro-
quired by tM provisions heroof or by law.
14. Thb Mortgage shah sacuro not only exbtirsg Indebtedness. but abo such future adwnoes. whether such sdwrras aro
obligatory or_to be Wade at tM optbn of tM Mortgagee. or otMrwise. as aro made within twenty (20) years from tM dab Mre•
of. to tM same extent as K such futuro advances vrero Wade on tM date of tM executoHr of fhb mortgage. but such secured
indebtedness sMll rat exceed at any time tM m_ aximum principal amount oft 3.100.00 , plus interost, and any
disbursements made for tM payment of taxes. kivies or .Insurance. on tM prpperty covered by the lien of fhb nwrtgage. with in•
terest on such dbbursements.
TM covenants heroin contained sMlt bind. and tM benefits and sdwntages shall inure to. the respective Mfrs. executors.
administrators and assigns of tM parties hereto. Whenever used. tM singular number shall include tM plural, tM plural tM singu-
lar. and tM use of any gender sMll include ail gender.
IN WITNESS WHEREOF. tM said Mortgagors Mw herounto set their Mnds and seals tM day and year first aforosatd.
Signed. sealed and deliwrod in tM presence of:
~U
Gerald V. Girard-
.
/ cs~?u
izabeth M. Gir rd
cs~?u
. ts~?u
STATE OF FLORIDA S t . Lucie }
COUNTY OF
Betoro me. the u ed authority, on this clay personally appearad Gerald V. Gi rdrd
and E1 i zabeth M. Gi rard .his wife. to me well known and known to me to be tM individwls desuibad in
and who executed tM foregoing instrument, and acknowledged beforo me that tMy executed tM same for tM purpose therein
expressed.
f .~~;;...~z:,......
WITNESS my hand and official seal this 17th ~ Jan uar ~ , ~9~y~
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( - My commission expires: / f• O i
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AtiC RECORDEb' ~ `.:y Com:a~uion E,:p::as
~ i=iLEO~,ir COUNTY.FLp•
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'79 J„~ 22 AM 9:28
CLERK CiP.i.l+!T-CO~J~'
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