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10. That tM Mortgagors will glue Immediate notke by mall to tM Mortgagee of any conveyance. transfer or change of
ownership of the premises.
11. That no waiver of any covenant herein or of tM obligation secured heroby shall at any time thereafter be held to be
a waiver of tM terms Mreof or of tM note secured Mroby.
12. That if tM Mortgagors default in any Of tM covenants or agreements (:ontalned herein. or in said note then tM
Mortgagee may perform tM same, and all expenditurq (including reasonable attorney's fees) made by the Mortgagee in so doing
shall draw interest at the rate of eight Mrcentum (8°}f.) per annum. end shall bs ropayable immedlatey and without demand by
the Mortgagors to the Mortgagee, and. together with interest and costs accruing tMreon, shall bs securod by this mortgage.
13. That the mailing of a written notice or demand addressed to the owner of record of tM mortgaged promises. or direded
to the said owner at tM last address actwly furnished to tM Mortgagee, or directed to said owner at said mortgaged promises,
and mailed in tM United States mails. sMll be sufficient notice and demand in any case arising under this instrument and ro-
Quired by the provisions hereof or by law.
14. This Mortgage shah securo not ony existing indebtedness, but also such futuro advances, whether such advances aro
obligatory or to be made at tM option of tM Mortgagee, or otMrwise. as are made within twenty (20) years from tM date here-
of, to tM same extent as if such futuro advances wero made on tM date of the execution of this mortgage, but such securod
indebtedness shall not exceed at any time tM maximum principal amount of 6D .DDD . ,plus intsrost, and any
disbursements made for the payment of taxes. k3vies or insurance, on tM property covered by tM lien of this mortgage, with in•
terse! on such disbursements.
The covenants Mrein contained shall bind. and tM benefits and advantages sMli inuro to, tM respective heirs. executors.
administrators and assigns of tM parties Mreto. Whenever used. the singular number shall include the plural, the plural the singu•
lar, and tM use of any gender shall inGude ell genders.
IN WITNESS WHEREOF. the said Mortgagors have hereunto set their hands and seals tM day and year first aforesaid. -
Signed. sealed delivered in tM presence of:
v t"'~c~' (SEAL)
Darwin L. Shutes
~K~D~~/ ~ L~ G~ tsEAL)
_ Doris E . Shutes
(sEAL)
(SEAL)
STATE OF FLORIDA t
COUNTYOFS~-, rr['~p ( u'
Before me. tM undersigned authority, on this day personaly appeared Darwin L . Shutes
and Doris E. Shutes ,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 6th day of - Apri 1 ,19 7~_,
otary Public. stat~otflerlQe. ~O~'•,
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My commission expires:
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