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(b) Make any agreement extending the time or
otherwise altering the terms of payment of all or any part i
of the indebtedness, or modifying or waiving any obligation,
or subordinating, modifying or otherwise dealing with the
lien or ciiarye iiciGVi. -
(c) Exercise or refrain from exercising or waive
any right Mortgagee may have.
(d) Accept additional security of any kind.
(e) Release or otherwise deal with any property,
real or personal, securing the indebtedness, including all
or any part of the Mortgaged Property.
18. Any agreement hereafter made by Mortgagor and
Mortgagee pursuant to this mortgage shall be superior to the
rights of the holder of any intervening lien or encumbrance.
19. Mortgagor hereby waives all right of homestead
exemption, if any, in the Mortgaged Property.
20. In the event of condemnation proceedings of the
Mortgaged Property, the award or compensation payable thereunder
is hereby assigned to and shall be paid to Mortgagee.
Mortgagee shall be under no obligation to question-the
amount of any .such award or compensation and may accept the
same in the amount in which the same shall be paid. In any
such condemnation proceedings, Mortgagee may be represented -
by counsel selected by Mortgagee. The proceeds of any award
or compensation so received shall, at the option of Mortgagee,
either be applied to.the prepayment of the Note and at the
rate of interest provided therein, regardless of the rate of
interest payable on the award by the condemning authority,
or at the option of Mortgagee, such award shall be paid over
to Mortgagor for restoration of the Mortgaged Property.
21. Mortgagor shall not sell or convey the Mortgaged
Property, or any part thereof to any person, subject to the
j Mortgage, unless Mortgagee's reasonable prior written approval
of the credit standing of the purchaser or grantee has first
been obtained. Mortgagor shall not permit or create additional
lien(s)- upon all or any part of the Mortgaged Property.
22. Mortgagor represents and warrants that if a corporation,
it is duly organized and validly existing, in good standing
under the laws of the State of its incorporation, has-stock
outstanding which has been duly and validly issued, and is
qualified to do business and is in good standing in the
State of Florida, with full power and authority to consummate
the loan contemplated hereby; and; if a partnership, it is
duly formed and validly existing, and is fully qualified to
do business in the State of Florida; with full power and
authority to consummate the loan contemplated hereby.
€ 23. In the event any one or more of the provisions
contained-in this Mortgage or in the Note shall for any
reason be held to be invalid, illegal or unenforceable in
any respect, such invalidity, illegality or unenforceability
shall, at the option of the mortgagee, not affect any other
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