HomeMy WebLinkAbout2768 10. That the Mortgagors will give immediate notice by mall to the Mortgagee of any conveyance. transfer or change of
ownership of the promises.
11. That no waiver of any covenant heroin or of tM obligation secured hereby shall at any Ume thereafter be held !o be
a waiver of the terms hereof or of tM note secured Mroby.
12. That if the Mortgagors default in any of tM covenants or agreements contained Mrotn, or in said note then tM
Mortgagee may perform the same, and all expendituros (including reasonable attorney's fees) made by tM Mortgagee in so doing
shall draw interest at the rote of eight percentum (8°~) per annum, and shall be ropsyable_ immediatey and without demand by
the Mortgagor to tM Mortgagee, and, together with interost and costs accruing tMroon, shall be securod by this mortgage.
13. That tM mailing of a written notk» or demand addressed to the owner of recoM of tM mortgaged promises. or dlrectad
to the saW owner at the last address actualy furnished to tM Mortgagee. or directed to said owner at said mortgaged promises.
and mailed in tM United States mails, shall be suftkfent notice and demand in any case arising under this Instrument and ro-
quired by the provisions hereof or by law.
14. This Mortgage shall secure not ony existing Indebtedness. but also such futuro advances. whether such advances aro
obligatory or to be made at tM option of the Mortgagee, or otherwise. as aro made within twenty (20) years from tM date Mre-
of, to tM same extent as it such futuro advances wero made on tM date of the execution of this mortgage. but such secured
indebtedness shall not exceed at any time the maximum principal amount oi~= ~ ~ •000 .plus interost, 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 herein contained shall bind. and tM bsnei'its and advantages shall inuro to. tM respective heirs. executors.
administrators and assigns of tM parties heroto. Whenever used. the singular number shall include the plural. the plural the singu-
lar, and tM use of any gender shall include all genders.
IN WITNESS WHEREOF, the saki Mortgagors have herounto set their hands and seals the day and year first aforosakl.
Signed. sealed and delivered in the presence of:
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Jo one
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na ne
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STATE OF FLORIDA
COUNTY OF St . Lucie
Before me, the undersigned authority, on this day personatly appeared JOHN RONE
and NINA ROME ~ ,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 theroin
exprossed.
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B WITNESS rrry hand and official seal this 2 7th day of , Apri 1 r19~Q._:
Notary Pu k:, S~atetgf ride -
i My commissio expires:
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~ Notary PubCc, Stab of Fbrida at Large c '
My Commission Ex'ires Dec, 7, 1980
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