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HomeMy WebLinkAbout0936 . ) 11. That the mort~or will ~lve ia~mediate notlce by mail to the moctpja of any conveyance, tr~nsfer, w ch~nse of ownenhip of ~ the promire~. ' I2. TRat ~a wdve~ of any covenant heroin or oi the o~llptioa iecured DenEy ~haU ~t any time tAen~(1er be Ae1d to be ~ wdver ot { the terms henot or ot the note xcured Aereby. 13. Th~t U the mort~qor det~ult iA ar9y of the covanant~ or a~recment~ ¢ontalned henin. or in ta~d ~ote, then the mort~ee m~y ; . pertona the ame, and ~ll expendituce~ {i~ncludln~ roasonsble attarneyti tea) m~de by the mort~ee in w dolnj shsll dnw intenst ~t ths ' nte ~et totth la the note tecured hsnby, ~nd rhall be nQ~y~We Immedlatefy and without demand by the mortp~or to the mortp`ee. and, to~ether with Interest and cats ~ccrutn~ theroon~ thall be tecuted ~y thit mott~e. 14, That !he maIllry o[ a written notice or demand ~ddressed to !Ae orvner of ncard o! tAe inort~ased premises. or directed to the aald owner at the la~t •ddre~ actuvly furni:hed to t1~e mort~e. or directed to sald owner ~t atd mortgajed premiK:. and mailed Dy the i United St~ta mails. ~hall be wtf'icient notlce and demand in any cue ~ritln~ under thit instrument and requind by the provision: herco! { or by Lw. i ' I3. 7tx moirtpjor further cover+ant: that ~houW this monp`e and tl~e note focure~ l~ercby not be eli~iDk for in~unna under thc National Housin= Act within SI%TY DAYS trom the date l~ereor (vrritten ~utement ot ~ny offioer oi the Depanaient of Housin aad UrDaa Developmsnt or auihori~ed ~~eat of tbe Stcrcury ot Housir?~ and Urban Developmeat dated ~ub- seqsnt to the SIXTY D~S time from the date of this mortpje. decGainj to insure ~aid aote and thi~ mortp~e. beiru damod con- clusive p~oof of tuch inelipbility). tho mortp=e or the holder o( t!K note m~y, at iu option. dalarr all ~ums acurcd hereby immediately due ~nd p~yabk. Tbis option may not be exerciKd !sy the mortp~ee wben ineli~ibility for ieuunna under the National Ho~uin~ Act isdue to the monp?~ees f~ilure to remit the mort~a~e insunna premium to the Oep~rtment of Hoasin= and Urb4n Development. 16. Attorney's fee~ a: uied ia thts Mort~e and in the Note. "Attorney's Fee:" ah~ll ir:clude attorney's fees, if any, which shaU be awuded by an Appellate Coutt. 'The covenants herein contined stull bind, and the benefits and advant~a ~all inurc to. the re:pective heirs, executon. adminis- traton, successon~ and ~ssipu of the partia hereto. Whenevtr used. the sin`ulu number ~all include the plural. the plural the singular, and the use of any ~nder thall include all ~enden. 1N WITNESS WHEREOF. the uid mortp~or hu hereunto ut his hand ~nd seal the day and yar first aforesaid. Si~ned~ sesled. and delivered in the pnscnce.a(- ~ ~ ~ SEAL1 ( SEAL) [ SEAL) ~ [ SEAL] STATE OF FLORIDA u: COUNTY OF Before me personally sppeued and h;s wife, to me well known and known to me to the individuals described in and wno executed the foregoing instrument, and acknow- ledged before me that they executed the aame for the purposes therein expressed. WITNESS my hand and official aeal this day of . 19 . ~ i (Notery Ptrblic in and jor the county and State ajuresaid) F My commission expires ~ ~ ~ STATE OF FLARIL~A ~ COUNTY OF MARTIN F &fore me personally appeared GARY J. MEALY, an unmarried person , to me well knov?•n and known to me to ~ be th~ individ~al described in and wha executed the foregoing instrument, and uknowledged before me that he executed the same for the purposes therein expnssed. ~ WITNESS my hand and official xal this 22nd day of August 19 8b . _ . 6 j` Y~ i ? ~ ~ (No! Ptiblic in and fos the county an~ ~ te : ~f~~ ~ t~'~ . ` , (~8605 My co ission expires ••'~,ff,.~.~, ..•'t. z ~ • • ~ ' ~ . . T~ ri p~iDA . ~ .,:;~:0`~ E;cf IRiS MAR 27 198Z ~ BCNDED TNRU ~EIJEfSAL 1N5l1BAtJ~E W'IQ~ ~ . ~ ~ ~ ~ . t ~s~~+ ~ B80K 5~~+ PAGE ~ie)lJ ; ~ HUD-02110l~A 1a-7o) ~ ~ , r n. ~ :s,;~'~ -s~"::~ :=ti~~ ~ . _ _ _ : _:._.r~-- . _ _ _ - - ' ~ - ~ - ~ -