HomeMy WebLinkAbout2951 10. That the Mortgagors will giw immediate notke by mail to tM Mortgages of any conwysnce, transfer or change of
ownership of tM promises..
11. That no waiver of any covenant Mrein or of tM obligation secured Mreby sMll at any time tMreafter bs Mld to be
a waiver of tM terms hereof or of tM note securod heroby.
12. That if tM Mortgagors default in any of tM covenants or agreements contained Mroin, or in saki note then tM 1
Mortgagee may pertorrn tM same, and alt expenditures (including reasonable attorney's fees) made by tM Mortgagee in so doing
shall draw interest at tM rate of eight percentum (B°)f,) per annum, and sMll be ropayable immediatay and without demand bg?
the Mortgagors to tM MoRgsgee. and, together with Interost and costs accruing tMreon, sMll be secured by this mortgage.
13. That tM mailing of a written notke or demand addrossed to the owner of record of tM mortgaged premises. or directed
to tM said owner at tM last address actualy furnished to tM Mortgagee. or directed to said owner st saki mortgaged premises.
and mailed ~in tM United States mails. sMQ be suffk:ient notbs and demand in any case arising under this instrument and re-
quired by tM provisbns hereof or by law.
14. This Mortgage sMll secure not ony existing indebtedness. but also such futuro advances. whether such adwnces aro
obligatory or to be made at tM optbn of the Mortgagee, or otMnwiss. ss aro made within twenty (20) yeah from tM date hero-
of, to tM same extent as if such futuro advances waro made on tM date of tM execution of this mortgage. but such secured
indebtedness sMll not exceed at any time tM maximum principal amount of = 11,579.56 , plus irtterost, and arty
disbursements made for the payment of taxes, ksvtes or insurance. on the property covered by tM lien of this mortgage. with in• 2
terost on such disbursements.
TM covenants Mroin contained sMll bind, and tM benefits and advantages sMll inuro to. tM rospectiw heirs. executor.
administrator and assigns of tM parties hereto. Whenever used, tM singular number shall include tM plurel, tM plurel the singu-
lar, and the use of any gender shall include all genders.
IN WITNESS WHEREOF. tM saki Mortgagors Mw Mrounto set their hands and seals tM day and year first aforesaid.
~ Signed, seaksd and delivered to tM prosence o~ ,
n
Rick Otterson }
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~C f/ ~~'~'U cs~?u
Ma A. tterson
tseAu
tsEAU
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STATE OF FLORID/~t. Lucie ~ ~
COUNTY OF
Before me, the unclersigned authority. on this day personally appeared Rick Otterson
and Mary A. OtterSOn .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
expressed. i
;
~
j WITNESS my hand and offkial seal this ~Oth day of December , l+~j~,.~ r
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Notary Public. Sts~e Fiprida
E My commission expires: ; ~ ~ ~ Cy~z,t ,
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Notary Public, Stafe of Honda a4' ~srga • ~ T,~`~~.`
My Commiuion 6cpires June 21, ~~#3?~'~~~`
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eoac 321 PAGE 29
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