HomeMy WebLinkAbout1219 10. That the Mortgagors will give immediate notice by mail to the Mortgagee of any conveyance, transfer or change of
ownership of the premises.
11. That no waiver of any covenant herein or of the obligation secured hereby shall at any time thereafter be held to be
a waiver of the terms hereof or of the note secured hereby.
12. That if the Mortgagors default in any of the covenants or agreements contained herein, or in said note then the
Mortgagee n)ay perform the same, and all expenditures (including reasonable attorney's tees) made by the Mortgagee in so doing
shall draw interest at the rate of eight percentum (8%) per annum, and shalt be repayable immediately 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 addressed to the owner of record of the mortgaged premises, or directed
to the said owner at the last address actually furnished to the Mortgagee, or directed to said owner at said mortgaged premises,
and mailed in the United States mails, shall be sufficient notice and demand in any case arising under this instrument and re•
quired by the provisions hereof or by law.
14. This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are
obligatory or to be made at the option of the Mortgagee, or otherwise, as are made within twenty (20) years from the date here-
of, to the same extent as if such future advances were made on the date of the execution of this mortgage, but such secured
indebtedness shall not exceed at any time the maximum principal amount of s_22' ~ 65 ,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 inure 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 genders.
IN TNESS WHEREOF, the said Mortgagors have hereunto set their hands and seals the day and year first aforesaid.
ned, se led and delivered in t e presence of:
John man d/b a COUNTRY CLUB EXXON
~ ~ ~ ~
(SEAL)
!John Picano, Owner
(SEAL)
(SEAL)
(SEAL)
STATE OF FLORIDA ~ ss:
COUNTY OF St. Lucie
Before me, the undersigned authority, on this day personally appeared John Picano
XIIkJNtfe. 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 therein
expressed.
WITNESS my hand and official seal this 11th day of March ._:;i'19 ~_$O_
Motary Public, Stafs of oHda ; _ ,
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notary Public, State ~un9 Z~..'~983
190 MAR 13 PK 2.59
My Commission (~ce?ras
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S aOGER PflIT ~5
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