HomeMy WebLinkAbout1970 10. That the Mortgagors will give immediate notke by mall to tM MoRgagee of any conveyance. transfer a change of
ownership of tM promises.
11. TMt no waiver of any covenant Mrein or of tM obligation secured hereby shall at any time tMreafter be held to be
a waiver of the terms Mroof or of tM note secured Mreby
i 12. TMt ii tM Mortgagoro dehuR In arty tM covenants or agreements contained Mroin. or in said note then tM
~~-Mortgagee may perform tM same, and aN expend roe (inGuding reasonable attorney's fees) made by tM Mortgagee in so doing
shat! draw interest at tM rate of eight penentum 96) per annum, and shall bs repayable immediatey end wkhout demand by
the Mortgagors to the Mortgagee. and. together Interest and costs accruing thereon. shall M secured by this moAgage.
13. TMt tM mailing of a written notice or demand addressed to tM owner of recoM of tM mortgaged promises, or directed
to tM saW owner at tM last address actualy furnished to tM Mortgagee, or directed to said owner at said mortgaged premises.
and mailed in tM United States mails. shall be sufficient notice and demand in any case arising under thb instrument and ro-
Quired by tM provisions hereto or by law..
14. This Mortgage shah secure not onN Indebtedness, but also such future advances. whether such advances are
obligatory or to De made at tM option of tM Mortgagee. or otMrwise, as are made within twenty (20) yeah from tM date Mre-
of, to tM same extent as N such future advangs wen made on the date of the execution of this mortgage. but such secured
indebtedness shall not exceed at any time tM maximum principal amount of = 87'~~' . plus interest. end ar?y
disbursements made for the payment of taxes. levies or Insurance. on the property covered by the lien of this mortgage. with tn•
terest on such disbursements.
TM covenants Mrein contained atoll bled, and tM benefits and advantages atoll inure to, tM rospsdiw heirs. executors,
administrators and assigns of tM parties hereto. Vnrenever used, tM singular number shall include the plural, tM plural the singu-
lar. and tM use of any gender shall include all genders.
IN WITNESS WHEREOF. tM said Mortgagors haw hereunto set their Mnds_and seats the day and year first aforesaid.
Signed. sealed and delivered in tM presence of:
r ~
(SEAU
nis Allen Passman
_ Sharon C. Passman
cs~?L)
(SEI1L)
STATE OF FLORItk1 ~ u; _
COUNTY OF t~ i,~~~i 8
Before me. the undersigned authority. on this day personaly appeared Dennis Allen Passttan
and Sharon C. Passman ,his wife, to me well known and known to me to be the individuals described in
E and who executed tM foregoing instrument, and acknowledged before me that they executed the same for the purpose therein
~ expressed,
E
~~~~rnrrrrrf.- I
day of ri 1 t
WITNESS my hand and offkial seal this 25th AP ~
Q•
fury Publ s cfifFloiida ~ ~ ~ ~ =
_
My commission ros: `va, '
; ` ~
Notary PubCe, State of Flo` ~ -
r -
My Commission Expires Dei"Jq•••r3{ l
f3o.~Jed t):ru General Ins. Un;ierwr~~~~
"t_EC ~ ~ECOi?CE3 ~~O
4422~4'~
'79 ~~g Z6 b~ i~ : 08
I
i
. aeon 3UT PAGE1970
- '
Y _ ~ _ ~i ~
,
.5 `