HomeMy WebLinkAbout1976 10. That the Mortgagors will ghre immediate Hotta by maN to the Mortgagee of any conveyance, transfer or change of
ownership of tM promises.
11. That no wahNr of any covenant Mrein or of tM obllgatkin second heroby shall at any time thereafter ba held to bs
a waterer of tM tenor heroot or of tM note second heroby.
12. That H the Mortgagoro default in arty of tM covenants or a~greernents contained heroin. or In said Hate then the
Mortgagee may perform tM same. and aN expendRures (Mcluding roasonable attorney's fees) made by tM Mortgagee in so doing
shall draw interest at tM rata of et;ht percentum (g%) per annum. and shall bi! ropayabN immediatey and without demand by
the Mortgagoa to the Mortgagee, and, together with interest and costs aaruing theroon, shall be second by ihb mortgage.
13. That tM maNing of a written notice or demand addressed to the owner of record of tM mor~aged prembes, or directed
to the sakl owner at the last address sctualy tumbhed to the Mortgagee. w directed to saki owner at said rrartgsged f~~•
and mailed in the United States math, shall be suffkbnt notice and demand in any cases arbing under fhb instrument and ra•
quired by the provisbns heroof or by law.
14. Thb Mortgage shall secures nag ony existing indebtedness. Lwt abo such futon advances, whether such advances aro
obNgatory or to be made at tM option of the Mortgagee. or otMrvrise, as aro made within twenty (20) years from the date hero-
ot. to the same extent es if such futon advances were made on the date of the axeadion of fhb rrwrtgage, but such second
indebtedness shall not exceed at any time the maximum prinNpal amount of = 35 _000.00 ,plus interest. and any
disbursements made for the payment of taxes. levies or insurance. on the property covered by the Ikn of fhb nwrtgage, with in•
terest on such dbbursemeots.
The covenants heroin contained shall bind. and tM benefits and advantages shall inuro to. the respsctlw hates, executors.
administrators and assigns of the partNs hereto. Whenever used, the singular number shah include the plural, the plural the singu•
lar, and the use of any gender shah Include sN genders.
IN WITNESS WHEREOF. the said Mortgagors have hsrouMo set their hands and seab the day and year first aforesaid.
Stgned, sealed and delivered to the presence of:
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Clif rd 6. Beckett
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STATE OF FLORif)A ~ ~
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COUNTY OF 4t.._.,..,.ie j
r ~ Be~Qrgr~e, they ed gvu,ority. or, fhb day personals appearod CLIFFORD ~G. BECKETT and
and Me 1 T SSd J~etL . hb wife. to me well known and known to me to be the individusb desuibed in
[ and who executed the foregoing instrument. and acknowledged before- me that they executed the same for the purpose theroin
expressed. .
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wrTrifss my hand and offidal seal fhb 20th day of Apri 1 • 'r' L~=~''•
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