HomeMy WebLinkAbout2715 10. That the Mortgagors will give immediate notke b!? mail to tM Mortgagee of any conveyance, transfer or change of
ownership of tM promises.
11. TMt no waiver of any covenant Mrein or of tM obllgatbn secured hereby sMil at any time tMroafter bs Mid to be
a wahrer of tM terms Mreot or of tM note secured Mroby.
12. That it the Mortgagors de/ault In any of tM covenants or agreements contained heroin, or in said note tMn tM
Mortgagee may perform tM same. and all expendRuros (including roasonaDle attorney's tees) made by tM Mortgagee in so doing
shall draw interest at tM rate of eight percentum (89(,) per annum. and sMll be repayable lmmediatey and without demand by
the Mortgagors to tM Mortgagee, and. together with interest and costs accruing thereon. shall be secured by this mortgage.
13. TMt tM mailing of a written notice or demand addressed to tM owner of record of tM mortgaged promises. or dlreded
to tM said owner at tM last address actwly iumished to tM Mortgagee. or directed to saW owner at said mortgaged premises.
and mailed in tM United States maihi. shall be wHklerrt notke and demand in any case arising under this Instrument and re-
quired by tM provisions hereof or b!? law
14. This Mortgage sMll secure not ony existing Indebtedness. but also such tuturo sdvences. whether such advances aro
obligatory or to be made at tM option of the lAortgagre, or otherwise. as aro made within twenty (20) years from tM date here-
of. to tM same extent as if such future advanps were made on tM date of tM execution of this mortgage. but such secured
Indebtedness sMll not exceed at any time tM maximum principal amount of = ~ +~0 . ~0 .plus interest. and any
disbursements made for tM payment of taxes. levies or inwronce. on the property covered by tM lien of this mortgage. with in-
terest on such disbursements.
The covenants Mrein contained shall bind. and tM benefits and advantages shall inure to. the respective heirs, executoro.
administratoro and assigns of tM parties hereto. Whenever used, tM singular number shall include the piurol, tiro plural the singu-
lar, and tM use of any gender shall include all genders.
IN WITNESS WHEREOF. tM said Mortgagors Mvt hereunto set their hands and seals the day and year first aforesaid.
Signed. sealed and delivered in tM presence of:
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Charles F. Lowry
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STATE OF FLORIDA l
oouNTY of St . Lucie (
Before me. iM unders~ned authority. on this day personaly appeared Charles F. Lowry and
'E and Myra W. Lowry .his wife. to me well known and known to me to be the individuals described in
j and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purpose therein
expressed. "
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`~~NESS my hand and offkial seal this 10th day of Apri 1 .19_Z~. ~
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s_ ` : Notary Public. State of Fbrida
116171
~ l~l, . ~ ~ My commission expires: /(s~l9~d
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' , FILED "~,ND~ REeORDED~' j
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