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HomeMy WebLinkAbout1708 10. That the Mortgagors will glw Immediate notice by mall to the Mortgagee of any conveyance. tronater or change of ownership o/ the promises. 11. That no waiver of any covenant herein or of the obligation secured hereby shall st any time therosfter be held to bs a walwr of the terms hereof a of the note secured Mroby. 12. That if the Mortgagors default in any of tM covenants or agreements contained heroin, or in said note then the Mortgagee may perform the same. and all expendituros (including reasonable attorney's fees) made by the Mortgagee in so doing shall draw inteetst at the rote of eight pen:entum (8qf.) per annum, and shall be repayable immediately and without demand by the Mortgagors to the Mortgagee, and, together with inteetst and costs accruing theroon, shall bs secured by this mortgage. 13. That the mailing o! a written notice or demand addrossed to the owner of record of the mortgaged promises. or directed to the saW ovmer at the last addross actualy 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 erect ro- Qulred by the provisions hereof or by law. 14. This Mortgage shall secure not ony existing indebtednssi, but also such futuro advances. whether such advances aro obligatory or to be made at the option of the Mortgagee, or otherwise, as aro made within twenty (20) years from the date hero- of, to the same extent as if such futuro advances wero 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 = 3D F(lpo ~ 00 .plus interest, and any disbursements made for the payment of taxes. levies or insurance. on the property covered by the Ilan of this mortgage, with in- terost on such disbursements. The covenants heroin connained shalt bind. and the benefits and advantages shall inuro to. the rospacthro 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 herounto set their hands and seals the day and year first aforesaid. Signed, sealed and delivered in the presence of: ~~~~~Q~114riV W • r~0 (s~?u Robert N. Coons (sEAL) (SEI1L) (SEAL) JJ ss: } COUNTY OF ORIf~(1t . Lucie } ~ 3 Betoro me. the undersigned authority, on this day personaly appeared Robert W . Coons ~ 7pq~( XOf9(dGf@Xto 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. ` ~ WITNESS my hand and official seal this ~ 6th day of March , 1g ~ 9 ,~t,,.:~.~..:,, ~ ~ . ' • - , - ~ % ~ Notary Public. State of Flonda - ~ - My commission expiros: ' -rt•. f • •t~ J ~~t! cD ~"~u RECOR3ED _ 4383 '79 t~'~ 22 PM 2:06 ~ _ CLERK ~tRCi;iT :~~~~1' UR BOGI! 3U5- r~~E1705 _ _ _ . _