HomeMy WebLinkAbout1207 10. That the Mortgagor will give immediate notke by mail to the Mortgagee of any conveyance. transfer or change of
ownership of the promises.
11. That no waiver of any covenant herein or of tM obligation secured hereby shall at any time thereafter bs held to be
a waiver of the terms hereof or of the note secured heroby.
12. That if the Mortgagors defauR in any of the covenants or agreements contained heroin, or in said note then the
Mortgagee may perform the same, and ail expendRuros (including reasonable attorney's fees) made by the Mortgagee in so doing
shall draw interest at the rate of eight percentum (Syf,) par annum. and shall bs repayable immediatey and without demand by
the Mortgagors to the Mortgagee. and, together with interest and costs accruing thereon, shall be secured by this mortgage.
13. That the mailing of a written notice or demand addrossed to the owner of recoM of the mortgaged promises. or directed •
to the said owner at the last address sdwly furnished to the Mortgages. or directed to said owner at said mortgaged promises.
and mailed in the United States mails. shall be sufficient notice and demand in srry case arising under this Instrument and re-
quired by the provisbns heroof or by law.
14. This Mortgage shall securo not ony existing indebtedness. but also such futuro advances. whether such advances aro
obligatory or to be made at the optbn of the Mortgagee. or otherwise, as aro made within twenty. (20) years from the date here-
of, to the same extent as it such iuturo advences were made on the date of the executbn of this mortgage. but such secured
indebtedness shall not exceed at any time the maximum principal amount of = 45 .~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 herein contained shall bind, and the benefits and advantages shall inuro to. the respective heirs. executors,
administrators and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singu-
lar, and the use of any gender shall include all gender.
IN WITNESS WHEREOF. the said Mortgagors have hereunto set their hands and seals the day and year first aforosaid.
Signed. sealed and delivered in the presence of:
_
Lee W. Cowell i
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Sandra L. Cowell
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(SEAL)
STATE OF FLORIDA Florida } ss.
COUNTY OF
~I
Before me, the undersigned authority, on this day personaly appeared Lee W . COWeI l
and Sandra L. COwe l ,his wife. to me well known and known to me to be the individuals described in
E and who executed the toregoing instrument, and acknowledged before me that they executed the same for the purpose therein
~ expressed.
I
WITNESS my hand and official seal this 22nd day of May . 19 '
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tary blic. State.of•Florida
My commission a fires: ~ ~
1919 l1~1Y 24 PH ~ 0 ~ _ J ` ~ ~ r
FILED hNO RECOkUi ~ ~
ST.LUCIECOUNTY.FLA. - ~':r~~;;.:~~~'•~
ROGER POiTRAS . ,
(JERK CIRCUIT COUR~~~~---
RECORD YERlf'E^_-~-
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