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HomeMy WebLinkAbout1533 10. That th~rtgagon will give immediate notice by mail to tM Mortgagee of any conveyance, transfer or change of ownership of the pre sea. I1. That no waiver of any covenant herein or of tM obligation secured Mroby shall at any time thereafter be held to bs a waiver of tM terms Mreof or of tM note securod Mroby. 12. That if tM Mortgagors default In arty of tM covenants or agreements contained heroin, or in said note then the Mortgagee may perform tM same, and all expendituros (including reasonable attorney's fees) made by the Mortgagee in so doing shall draw interest at the rote of eight percentum (89(,) per annum, and shall be ropsyable immediatey and without demand by the Mortgagors to the Mortgagee. and, together with interest and costs accruing tMroon, sMll bs securod by this mortgage. 13. TMt tM 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 actualy furnished to the Mortgagee, or directed to said owner at said mortgaged premises. and mailed in tM United States mails, sMll be sufficient notice and demand in any case arising under this Instrument and ro- quired by tM provisions heroot or by law. 14. This Mortgage shall securo not ony existing Indebtedness, but also such futuro advances. wMtMr such advances aro obligatory or to be made at tM optbn of tM Mortgagee. or otMrwise. ss are made within twenty (20) years from tM date hero- of, to the same extent as if suM 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 = 9 .5~0 .~0 .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- terest on such disbursements. The covenants heroin contained shall bind. and tM benefits and advantages shall inure to, the respective heirs. executors. administrators and assigns of tM parties Mreto. Whenever used, the singular number shall include the plural, tM plural the singu- lar. and tM 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 atorosaid. Signed. sealed and delivered in tM presence of: EAL (S H ry A. Hanetvacker Step nie R. Hanewacker ~ cseA~~ tsew~~ STATE OF FLORIDA l ' COUNTY OF St _ Lucie ( j Before me, the undersigned authority, on this day personaly appeared HARRY A. HANEWACKER and STEPHANIE R. HANEWACKER .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. _ I E t 0 wlTt'f~I~ll~fd and official seal this 19th day of Apri 1 , 19 7~. ! - ~ s _ ~ ' { ~ ~ ~ Notary Public. State of Florida ~ l ~ ~ . ~ MY commis expires: s A<- r J ~r~4,'' i\ctary Public, State of Flerida at Large . ~ " `~f?}r~£.:%:y~;,~`` My Ce~rtmission Expires Dec. 7, 1980 Jsi:ftt ~1',t~~~\ Sonded ttuu General Ins. Underwriters - -•r ~ ~ ' _ ~ ~ i i 4g'~4 '79 2y AM fi: 16 . ~ i 1 _ aooK307 PAGE1533 S ~ -