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HomeMy WebLinkAbout3005 1 10. That tM Mortgagors wail giw Immediate notice by mall to tM Mortgagee of arry conveyanq. transfer or change of ownership of tIN premises. 11. That no wafwr of any covenant Mntln or of tM obligation secured Mreby shall at any time tMrsatter bs held to be a waterer of tM temps Mnof or of tM note secured Mnby. 12. TMt ii tM Mortgsgors dNauR in any of tM covenants or egroements contained Mein, or in said note then tM Mortgagee may perform tM same. and ell expenditures (including reasonable attorney's fees) made by tM Mortgagee in so doing shall draw interest at tM rpte of eight percentum-(89(,) per annum. and sMll bs repayable immediatey and wRhout demand by the Mortgagor to tM Mortgagee. and. together with Interest and costs accruing tMnon. sMll be secured by this mortgage. 13. TMt tM maUir~ of a written notice or demand addressed to the owner of record of tM mortgaged premises. or directed to tM said owner at tM last address adwly furnished to tM Mortgagee. or directed to saW owner at said mortgaged promises. and maibd in tM United States mails, sMli bs sufficient notce and demand in airy case arising under fhb Instrument and n- Quired by tM provisions Mreof or by Iaw. - 14. Thb Mortgage shwa secure not ony exbting Indebtedness. but also such future advances. whetMr such advances an obligatory or to be made ad tM option of tM MortgagN. or otherwise. is are made within twenty (20) years from tM dab Mre- of. to tM same extent as N such future advances wen made on tM date of tM execution of fhb mortgage. but such secured indebtedness shwa not exceed st any tirrre tM maximum principal amount of = 29 . ~D :00 .plus Interost. and any disbursements made for tM payment of tauoss„ Nvies or fnsuante, on tM properq? cowrad by tM Iten of fhb mortgage, with in- terest on such dbbursertrents. - TM covenants herein oontalMd shwa bind. and tM benefits and sdvintages sMll inure t0. tM respective heirs. executor. administrators and assigns of tM parties Mreto. Wherrewr used. tM singular number sMil include tM plural. tM plural tM singu- lar. and tM use of any gender ante include aN genders. IN WITNESS WHEREOF. the said Mortgagors have herarato set their hands and scab tM day and year first aforesaid. Signed. sealed and delivered In the presence of: Charles P. Kla e, Jr. w Doroth M. Klahne - - ts~?~~ ts~ua i sT~~ ~ oRlai? St. Lucie } ss: t t3eforo me. the undersigned auttrority. on tfib day personaay appeared Charles P. Klahne, Jr. a~ Dorothy M. Klahne .his wife. to me well known and known to me to be tM individuals described in and who executed tM foregoing instrument, and acknowledged before me that they executed tM same for tM purpose tMrein expressed. • - i E ! i € i t i wITNESS my hand and official seal fhb 19th ~ ~ January .19~_• F i ~ + 3 N ry Pu ,Stets of Florida ~ - My oommbsion expires: yK?.~ 1 - , - L+ - ?~J ~ F ~i!.FO At~!D RECORQED' Notary Public, Stare of Florida At La?ge. f', ` ; ' ~ • ~ :.'f_ :`1l!".TY. FLA. My C rrmis;i•+n f•p,~s tar. 17. 1992. .'O' 431550 ~ ~ - ' PM 2 ' r -v ~ ~ - f suf. - } BOOK301 PACE3UVO c ~ ~