HomeMy WebLinkAbout0125 ll. No waiver of any covennnt herein or of the obligation secured hereby ahflll at any time thereafter be held to be ~
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a waiver ot the terms hPreof or of the note secured hereby. '
12. The lien of this instrument ahnll remain in full force and effect dvring any postponement or extension of the
time of payment of the indebtednesa or any part thereof secured hereby. ~
J 13. rf the hiortgagor defAUlts in any of the covenants or agreements contained herein, or in aeid note, then the ~
~ I14o*tgagee may petform the same. and all expendituree (including reasonable attorney'e fees) maae by the Mortgagee in
so doing shall draw interest at the rate provided for in the principal indebtedn$sa, and shall be repayable thirty (301 tv
days aiter demand, and, together with interest and coste accrued thereon, shall be serured by ihis mortgage.
~ l4. Upon the request of the Mortgagee the Mortgagor shall execute and delivet a aupplemental note or notes for
the sum or auma advancea by the Mortgagee for the alteration, modernization, improvement, maintenance, or repair of
~ said premiaea, for taxes or assessments against the same and for any other purpoae authorized hereunder. Said note or
notes shall be secured hereby on a oaritv with anr~ wa f~.ll., ~Q:trl.e a~1va....e _;;.~....~~a
~ --~,..~y~. ...c..~.~~ ~ ilat~uucu ill 1.ilC lIUVC
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~ first described above. Said supplemental note or notes ehall bear interest at the rate provided for in the principal
indebtednesa and shall be payable in appro~mately equal monthly payments far such period as may be agreed upon by
the creditor and debtor. Failing to agree on the maturity~ the whole of the aum or sums so advanced shall be due and
payable thirty (30) daye after demand hy the creditor. In no event shall the maturity extend beyond the ultimat~ matu-
rity of the note first described above.
15. The mailing of a written notice or demand addressed to the owner of record of the mortgaged premises, or
directed to the said owner st the last address actually furnished W the Mortgagee, or if none, directed to said owner at
said mortgaged premises, and mailed by the United Statea mails~ postage prepaid. shall be sufficient notice and demand
in any case arising under this instrument and required by the provisions hereof or by law.
16. If the indebtedness aecured hereby be guarant,~ed or insured under'IYtle 38 United States Code, such'Il'tle and
Regulations issued thereunder and in effect on the date hereof ahall govern the rights, dutiea and liabilitiea of the par-
ties hereto, and any provisions of this or other instruments executed in connection with said indebtedness which are
inconsistent with aaid ~tle or Regulations are hereby amended to conform thereto.
The covenanta herein rnntained shall bind, and the benefits and advantages shall inure to, the respective heira,
executors. administrators, auccessora, and assigns of the partiea hereto. Whenever uaed, the singu]ar number shall
include the plural, the plural the singular and the uae of any gender shall include all genders and the term "Mortgagee"
shall include any payee of the indebtednesa hereby secured ar any transferee thereof whether by operation of law or oth-
@TWISO.
IN WITNESS WHEREOF, the said Mortgagor has hereunto set his hand and seal the day and year first afore-
said.
Signed, sealed and delivered in the presence of-
~ a - ~ - [SEAL]
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PENNY C RQBERTS
[SEAL]
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~ [SEAL)
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STATE OF FLORIDA
e ss:
~ COiJNTY OF S i. ~ I~
~
€
m Before m~ personally appeared JAMES A. ROBERTS, JR. and
€ PENIVY C. ROBERTS , his wife, to me well known and
e known to me to be the individual(s) described in and who executed the foregoing instrument, and acknowl-
- edged before me that theY executed the same for the purposes therein expressed.
' Wrrxess my hand and official seal this 25th day of 3an~ry ,19 90 .
~
TATE OF iLORID ~ ~l~ `
My eo~y,mies~n e~cpires: N~Y~Ar PUBLIC S. ~ 19 o ary Pub[ic in nnd far county and State aforesaid
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~NSTR~I~NT PREPARED BY:
' ~~`,tiART TITLE ST. LUCIE COUNTY
~.rirgini~ EkVe., Suite 23
~ Pierce,'Fl. 34982
BOG1I U~sJ PAi~ ~ 2~
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