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20. That Mortgages wiU not permit arty other liens to be filed against tl,e said premises and if any such liens are filed, whether paramount or wbor-
d~nate to this mortgage. Mortgages vriU haw o? cause t0 be had said liens discharged immediately.
21. Mortgages shall haw tM rpht to charge Mortgagor's account with Mortgagee for the interest and principal payable as provided in the promissory ~
„u!e as such becomes dw in acco?dance thsrovrith. j
22. If the Mortgagee requesri. Mortgagor hereby covenants and agrees that Mortgages will furnish the Mortgagee annually from the date of this
mortgage instrument. unless some other date is agreed to between the parties in writing. a certified audited financial statement of the Mortgagor and annual
complete operating atatemsnri of Mortgagor. If tM Mortgagor s fiscal a calendar year shall not coincide with the data herein specified. then the date which
ine Mortgagee shall specify shall be controlling. Mortgages shall wpply Mortgagee with wch otMr financial :tatsments u Mortgagee may from time to time
rggU9st. ~ ~
23. It is agreed that nothing herein contained nor any transaction related thereto shall bs construed or so operate as to require the Mortgagor to pay
interest at a rats greater than it is now lawful in such case to contract for. or to make any payment Or to d0 any act contrary to law: that if any clauses Or
provisions herein contained operate Or would ProsPectiwlY operets to invalidate this Mortgage w said Note in whole or in part. then, wch clauses and
provisions only shall be held for naught. as though not herein contained. and the remainder of this Mortgage shall remain operative and in full force and efieCt.
24. If atl or any part of the mortgaged property shall bs damaged or taken through condemnation (which term when used in this mortgage shall in-
clude any damage or taking by any gowmmental authority. and any transfer by prnrats sak in lieu tMreoQ. either temporaNy or permanently, the entire in-
aebtednass secured hereby shall at the option of the Mortgpse. become immediately due and payable. Ths Mortgagee shall be entitled to all compensation
awards. and other paymsnri or rolisf therofor and is hereby authorized. at iri option, to commence. appear in and prosecute. in its own or the mortgagor's
name. any action or proceeding relating to any cortrfsmnation. and to settle or, compromise any claim in connection therewith. All such compensation.
awards. damages. claims. righri of action and proceeds end the right theeoto aro hereby assigned by the Mortgages to the Mortgagee. who. after deducting
therefrom all its expenses. including attorney's fees. may rskass any moneys so received by it without affecting ihs lien of this rrwrtgage w may apply the
same ~n wch manner ss the Mortgages shall determine, to the reduction of the wms secured hereby, and to any prepayment charge herein provided. and any
balance of wch moneys then remaining shah be paid to the Mortgagor. The Mortgagor agrees to execute wch further assignments of any compensations.
awards. damages. claims. rights of action and proceeds as the Mortgagee may require. ~
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25. This mortgage shall bs construed as a security agreement under the Florida Uniform Commercial Code. ~
26 Other provisions:
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