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HomeMy WebLinkAbout0485 ~ 10. That the MortgaQon will give immedl~te ~otlo~ by mail to th~ Mo~tgagee oi sny conveyance. transier or chsn~ of ownership oi tM pnmises. . i l. Thst no watve~ oi sny covenant heroin or oi th~ obliQstbn secured hemby shall st any tim~ tMroatte? bs held to bs a wsive? ot th~ terms herool a of ths nots securod Mnby. 12. That if the Mortgagors default in any of tM covenanb or a~roements contained h~roin. o? in ssW not~ theq the Mortgagee msy perio?m the same. snd sll ~xpenditu~ (Including reasooable attomey's fees) made by tM Mort~sQee in so doing shall draw interost at the rate of ei~ht percentum (8q(,) pa annum. and sha11 bs ropaysWe immedtatety and without d~mand by the Mortgagas to the Mortgsgee. and. toQeth~r wiM IMerost sod costs accruing theroon. shall bs s~curod by this mo~ag~• 13. That tM m~iling of ~ written notics or demand addnssed to the owner of ncord af tM mo~aged pnmises. or dirocted to tM said owner at the last address actwiy turnished to the MortQa~ee. or dirocted to said owner st sald mortQsgsd Promises. and maihd in the Unitod States maib. shall bs suffkie~t notke and demand in sny case a~islnQ und~r this Instrument and re- quired b~? the provisions henof or bY bw. _ - 14. Thb Mo~tgsge shsll s~curo ~wt only exisNn~ indebt~dness. but ~Iso such futuro advances. whetMr such advances aro obligatory or to be made at the option of the MortQaQes. or othervrise. as aro made withln twenty (20) yasrs irom the date here- of. to the same axtent as ii such futuro sdv+nas were msds an the date oi the executbn of thb nw~tS,s~. Dut such securad indebtedness shall not excead at amt Ume tM maximum principal amount oi = 24 , 450 .00 , pius interost. snd am? disbunements ~nsde tor the paymeM of tazes, levies or inwranee. on the propertY covered bY ths ~te~ ct Mis mo~gaBe. with in- teres! o~ such disbunements. The covensnb herein contained shall Wnd, and the benefits and advantages shsil inum to. the rospsctive helrs. executors. administratas and assig~s of the psrties heroto. Whene~rer used, the singular number shall include the plural. the pluaf the singu- lar. and the use oi any gender shail ioclude sll genders. IN WITNESS WHEREOF, the sak! Mortgagors have hereunto set thefr hsnds and seals the day and year first aforosaid. Sigoed. seakd and delivered in the P~sence of: ~ ~ ~ ~ cs¢wta Fred W, ng, Jr , ' c cs~?~~ - cs~?~~ <s~?~~ STATE OF FLO~~? Luci e ~ COUNTY OF ~ ~i Before me, the undersigned authority, on this day personally appeared F~d N. Young, JI". i ~,,,~i~~ql~, ta me well known and known to me to be the individuals described in a^rid~who executed the foregoing instrument. ana ac~Cnowiedged before me that they executed the same for the purpose therein expressed. l . ~ 6 WITNESS my hand and officisi seal this 9th day ot Udl"~l ~ y~~'~}~ ~ ~ v> ~ j ~C~ ~ potary A,hn~ c•,•_ ~r qorlds at le~ _ aic• 'of Florkia<' - • 1„y Comm~:.,,:•,. . ~an. 11. 1~1 My commission enpiras: ' j. C~ ` ra : ~~~j, • • , ~ . . , ;~y{~~~~;5~;~~ . ~ . ~ ~ . ;'~~t~~`` ~ " _~G CO OED ~ ~ , _ ^~r.Tv_F! :l~ ~ ~ 433'754 ~ '79 F~ ~ i~~t~ 9: 45 ~ ~ :L==:r~ - ~ , - ~ ~ ~ ~ ~ ; t~~ ~ BODK JV3 PACE 4S4 - ~ - . A z $ _ - - - - - - - - - - - _ _ r <,,~~E~ _ ` ~ ~ ~ r ~ ~r ~y~..;: _ ,g~ u . . _ . .s 'T"~ , _ . . _