HomeMy WebLinkAbout1067 10. That the Mortgagors will give immediate notice by mail to the Mortgagee of any conveyance, transfer or change of
ownership of the premises.
11. That no waiver of any covenant herein or of the obligation secured hereby shall at sny time thereafter be held to be
a waiver of the terms hereof or of the note secured hereby.
12. That if the Mortgagors default in any of the covenants or agreements contained herein, or in said note then the
Mortgagee may perform the same. and all expenditures (including reasonable attorney's fees) made by the Mortgagee in so doing
shall draw interest at the rate of eight percentum (8°/,) per annum, and shall be repayable immediately and without demand by
the Mortgagors to the Mortgagee. and. together_.with interest and costs accruing thereon, shall be secured by this mortgage.
13. That the mailing of a written notice or demand addressed to the owner of record of the mortgaged premises, or directed
to the said owner at the last address actuaty furnished to the Mortgagee, or directed to said owner at said mortgaged premises,
and mailed in the United States mails, shall be sufficient notice and demand in any case arising under this instrument and re•
quired by the provisions hereof or by law.
14. This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are
obligatory or to be made at the option of the Mortgagee, or otherwise, as are made within twenty (20) years from the date here-
of, to the same extent as if such future advances were made on the date of the execution of this mortgage, but such secured
indebtedness shall not exceed at any time the maximum principal amount of = Q6 ~ 2 5 ,plus interest. and any
disbursements made for the payment of taxes, levies or insurance, on the property covered by the lien of this mortgage. with in•
serest on such disbursements.
The covenants herein contained shall 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 said Mortgagors have hereunto set their hands and seals the. day and year first aforesaid.
Sign Baled and delivered in the presence of:
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- (SEAL)
John E. Romlund
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(SEAL)
Va ~ Rom and
(SEAL)
(SEAL)
STATE OF FLORIDA t
COUNTY OF S t L u c i e ( ss:
Before me, the undersigned authority, on this day personally appeared John E . ROmI Un d
and V a ~ 1 E . Rom 1 u n d ,his wife, to me well known 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.
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~ ~ , : WITNESS my hand and official seal this 2 4th day of A p ri 1 , 19 ~ 8
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. - _ tary Public, State of Florida
My commission expires:
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