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10. Thst the Mortgagon will giw immediats ~otke by msfl to the MoRgages oi any conveysnce. transter or change of
ownership oi the p~emises.
11. That no waive~ of any covenant h~rol~ or of th~ obllgation secured hemby shall at any time the~eaite~ bs held to be ~
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a wsive~ of ths tem?s hereof or of the ~ote securad he~eby. !
12. That if the Mortgagon detault in any of the covenants or agreements contained hemi~, o~ in said note then the
Mortgagee may pe~form the same. and all expendRuros (including roasonable attorney's tees) msde by the Mortgagee in so doing
shali draw interest at the rate oi elght percentum (89(,) per aneum, and shall be ropayable immediately and without de:nand by
the Mortgsgors to the Morfgagee, end. to~ether with interost sod costs accruing lhereon. shsll bs securod by thb mortgage.
13. That the mailiog oi s writteo notice o~ demand addrossed to the owner oi ncoM of the mortgaged premises, or dirocted
to tM asid owner at the Iast addross actua~b tumished to the Mortgagee, or directed to said owr?~~ at said mort8aged promises.
aod msiled in the United St~tes mails. shall be sufficient notice and dema~d i~ any case arising under this instrument and re-
qui~ed by the provisions hereof or by law. -
l4. This Mortgage shall securo not ony exlsUog indeDtedness. but slso such futuro advances. whether such advances are
• obligatory o~ to be mads at the optio~ of the Mortgagee. or otherwise. as aro made within twenty (20) years irom the date hero-
of, to the same extent as it such futuro advances wero msde on the date ot the axecutbe oi this mortgage. but such sacured
indebted~ess shail ~ot exceed at any time the maximum principal amount of = 5,00~ , plus interest. and any
disbursements made for ths psyment of taxes, levias or inwrance, on the property covered M? the lie~ of this mortgage. with in-
terest on suM disburseme~s.
The covenants herein contained shall bind. aod the benei'its and adva~tages shall inure to, the rospective he+rs. executon.
administrators and assigns of the pa~ties hereto. Wheneve~ usM, the singular number shall include the plural, the plural the singu-
lar. and the use of any gender shall inClude ail genders.
IN WITNESS WHEREOF. tha saW Mortgagors have hereunto set their hands and seals the day and year first aforosaid.
Signed, sealed and delivered in the presence of:
~ tse/?w
- Vi ctor M. Beaty
cs~?~~
a L . Beaty ,
(SEAL)
(SEAI)
STATE OF FLORIDA ~ u;
couNn OF St _ Luci e
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~ Before me, the undersigned authority. on this day personaly appeared Yi ctor M. Beaty
and L~~dd Beaty . his wife, to me we~~ known and knovm 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 l Oth day of Apri 1 ~,?~g'~
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