HomeMy WebLinkAbout2889 9. The mortgagor covenants that if and when requested by the
mortgagee and/or the title company that at the time the mortgagee
herein acquires the first mortgage that the owner of the premises
will execute such documents as mortgagee or the holder of this
mortgage or the note secured hereby may require to evidence the
unpaid balance owing to mortgagee or said holder of this mortgage -
and said note. The failure of mortgagor to furnish such statement
within ten (10) days of the request therefor shall be~deemed
acknowledgment by mortgagor that to mortgagor's best information
and belief, no offsets or defenses exist against mortgagor's in-
debtedness under the note secured hereby and that all regular in-
stallments or principal thereon (and no other) have been made.
10. That the mortgagor shall furnish to the mortgagee promptly
copies of all notices of default which the holder of the first mort-
gage shall give to mortgagor, or which the mortgagor shall give to
or receive from tenants of the premises or any part or parts thereof
based upon the occurrence or alleged occurrence, of any default or
defaults in the performance of leases of space tenants occupying any
portion of the premises or all of the premises.
11. Mortgagor shall have the right to prepay the whole or any
part of the unpaid balance of indebtedness hereunder at anq time on
thirty (30) days' notice without penalty. Any partial prepayment
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~ shall be applied against the unpaid principal installments of the
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' note secured hereby in inverse order of maturity.
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~ IN WITNESS WHEt~EOF, the parties hereto have signed and sealed
~ these presents the day and qear first above written.
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~ Witn s ~ Mortgagors
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~ RICHAR~ D. SNEEO, JR. PA
~ ATTORNEY AT LAW
; 700 VIRGINIA AVENUE. SUITE 102 - FORT PIERCE. fl.ORIOA 33450 •(30S) 466-2330
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