HomeMy WebLinkAbout1486 I0. That the Mortgagor will give Immediate notice by mail to the Mortgagee of any conveyance, transfer or change of
ownership Of tM promises.
11. That n0 waiver of any covenant herein or Of the obilptbn secured heroby shall at any time tMroafter be held to be
a wah?er o/ the terms hereof or of tM note securod heroby. •
12. That if tM Mortgagors dNault In any of tM covenant or agreement contained heroin, or in saW note then tM
Mortgagee may perform the same, and all expenditures (Induding roasonabN attorney's fees) msde by tM MoKgaQee in so doing
shall draw interest at tM rote of etght pergrrtum (8%) par annum, and shall bs ropayabN immedbtey end wRhout demand by
the Mortgagors to the Mortgagee, and. together with interest and coat accruing tMreon. shall ba severed by thb mortgage.
19. That tM mailing of a written notce a demand sddressed to the owner of record of the mortgaged prembes. or dirocted
to the said owner at the last sddross actually furnbhed to tM Mortgagee. or directed to said owner at saW mortgaged prombea, .
and mailed in tM United States mails, sMll ba suffkNrrt notice and demand in a~? case arbing urWer thb instrument and ro•
quirod by tM provisions heroof or by law.
14. Thb Mortgage shah sewn not ony exbting indebtedness. but also such future advances. wfretMr such advances aro
- obligatory or to be made at tM option of tM Mortgagee. or otherwise. ss aro made within twenty (20) yaro from tM date here-
of. to the same extent ss it sudr futuro sdwngs wero made on the date of tM executbr of thb rrrortgage, but -such secured
indebtedness shall not exceed at any time tM maximum principal amount of = ~ODQ.D[) ,plus Interest. and any
disbursements made for tM payment of taxes. Nvles or insurance. on tM property covered by the Ilan of thb mortgage. with in•
terest on such dbbursKnenis. -
The covenarrts Mrein contained shall bind. and tM benefits and advantsges sha0 inuro to, the rospectiw helm, executors. -
administrotoro and assigns of tM parties hereto. Whenever used. the singular number shall include the piurol, the plural the singu• -
lar. and the use of any gender shall include all genders. -
- IN WITNESS WHEREOF. tM said Mortgagors haw hereunto set their hands and seat the day and year first aforosakl.
Signed. sealed and dslhrerod in tM prosence of:
Harold J. rte-
. ----L1~ csE"" _
Marvel E. 6arbe -
ts~?~t
cs~~
STATE OF FLORA Lucie ~
COUNTY of .
i3eforo me, the undersigned authority, on this day personaly appeared Hdr01 d J. Garbe
and Marvel E. Garbe .his wife. to me well knovm and known to me to be the individuals described in
~ and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purpose therein
expressed.
,,~N~rtu~a~ •s
• ' ~ t
WITNESS my hand and offkiel seal this 14th day February tii _ ,.x~.,
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Notry~ub~; ;
My commb~o~expiros: ~ 't ~ w
FILED AND RECORDED s~ =>V,+~~~. ~~`,;~''O
_ . LUCIA COUNTY FLA. . ~
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