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HomeMy WebLinkAbout1321 1 10. That the Mortgagcn will give immediate notloe by mall to tM Mortgagee of ar>)? conveyance. transier or change of ownership of tM promises. 11. That no waiver of any oownant heroin or of tM obligatMn secured Mroby shall at any time tMroatter bs held to De a waiver of the terms hereof or of tM note secured hereby. 12. That if tM Mortgagors default in any of tM covenants or agreements contained Mroin, or in said note then tM Mortgagee may pertorm the same, and all expenditures (including reasonable attorney's fees) made by the Mortgagee in so doing shall draw interest at the rate of eight percentum (89f,) per annum. and shall be repayable immediately and without demand by the Mortgagor to the Mortgagee. and. together with interest and costs accruing tMrson. shall bs secured by this mortgage. 13. That the mailing of s written notfcs or demand addressed to the owner of record of the mortgaged premises. or directed to the said owner at tM last address actuary furnished to tM Mortgagee. or directed to said owner at said mortgaged promises. and mailed in the United States mails. shall be sufficient notice and demand in any case arising under this Instrument and ro- j quired by tM provisions hereof or by law. } 14. This Mortgage shall secure not ony existing indebtedness, but also such future advances. whether such advances aro obligatory or to bs made at tM option of tM Mortgages. or otMrwise, as aro made within tvrsnty (ZO) years from tM date hero- ? of, to the same extent as if such future advances were made on tM date of tM execution of this mortgage. but such secured indebtedness shall not exceed at any time tM maximum principal amount of = 23 • ~ ,plus interest, and any disbursements made for the payment of fazes, levies or insurance, on the property covered by the lien of this mortgage. with in- terest on such disbursements. The covenants Mroin contained shall bind, and the benefits and advantages shall inure to, tM respective heir. executors. administrator and assigns of the parties hereto. Whenever used. the singular number shall include tM plural. the plural the singu- lar. and the use of any gender shall include all gender. IN WITNESS WHEREOF. tM said Mortgagor Mve hereunto set their hands and seals the day and year first aforesaid. Signed, sealed and delivered in tM presence of: William E. Schreiber n G~~~.S=1lG9v - . (SEwL) iv an ~i er (SEAL) (SEAL) STATE OF FLORIDA 1 ss: ` COUNTY OF St . Lucie Before me, the undersigned authority, on this day personally appeared Wi 111 dm E. Schreiber and Vivian A. Schreiber ,his wife, to me well known and known to me to be the individuals described in j ~ and vvho executed the foregoing instrument, and acknowledged before me that they executed the same for the purpose therein expressed. WITNESS my hand and official seal this 14th day of Novi~er ,~~;.~'~1~~' i`~~~r~~'.~`; s 8A Notary Public ~ ~ ~ ' ~ / ~ - * My commission expires: > ~s~ ',,t~ 1~ (i ~ ~7 Notary Public, State of Florida at La~ir~;:;ii~``'~~ ~ L~ a:s i:: My Commission Expires Juno 21, J 983 S1.I.tf~ 4162 ~ a i ao~x3~0 PAc~i3~.g