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HomeMy WebLinkAbout1638 • 20. Triat Mortgagor wiM not permit any other lier» to be fibd against tM wid promisos and it any such kera aro bled. wMthar paramount or suba• dmaa to thb mortgage. Mortgagor wiN haw or cause to be had said liens dacharged irtrmerliately. 21. MortgagN shah haw tM right ZQ Nrarpe Mortgagor's aeoowtt with Mortgagee for tM interest and principal payable as provided in flee promissory note as such becomes dw in aa.ordanee therewith. 22. N tM Mortgagee reQwsts. Mortgagor hereby oownana and apnea that Mortgages w~l fumbh tM Mortgagee arwxuuy from tM date of this mortgege instrument. urrbq some other data b agroed to between the parties in writing, a oertifad audited bnarrcial saament of tM Mortgagor and anrwal complea operating satemena of Mortgages. If tM Mortgagor's fatal or calendar year shah not coincide with tM date heroin specifad, then tM date which the Mortgagee shall spaafy shill be oontroYMp. Mortgagor shah supply Mortgagee with ouch other financial statsmata es Mortgagee may from time to time regtJOit, 23. It b agreed that nothirp heroin containNd ear any tnmaction related thsroto shah be caatrued or so operas u to roquiro the Mortgagor to pay ~nterost at a rate greater than it is now lawful in such case to contract iw. or to make any payment a to do arty act contrary to law: that it arty clauses or provisions heroin conginsd opens or would pro~pectiwly operate to imralidaa fhb Mortgage or wid Non in whatle or in part. then. such clauses tired provisions oMy shall bs hekf for naught, as though not heroin contained. and tM romainder of this Mortgage shall romain operotiw and in hrU ford end effect. 2t. If aN or any part of tM mortgaged property shah be damaged a taken through oortdemnation (which term wMn used in this rrartgsge shah in- clude any damage w takirp by any governmental authority, and any transfer by private saN in lieu theroofl. either tempwroMy or perrttanentiy. the erttiro in- debtedness secured hereby shag at tla option of tM Mortgages, beoortte immediately dw and payabb. The Mortgagee shall be entitbd to aN compertsstion awards, end other paymena a relief therefor and b hereby authorized. at itii option. to commence. appear in and prosecute. M its own or tM mortgagor's name. any action or proceeding relatarg to any condemnation. and to settb or compromise any claim &r connection therowith. AN such compensation. awards, damages. claims. righa of action and proceeds end the right thsroto aro hsroby assigned by tM Mortgagor to the Mortgagee, who. after deducting therebom all its expenses. indudirtg attontey's tees. may rsbase any moneys so roceiwd by it without aHscting the lien of fhb mortgage or may apply the same in such manner as tM Mortgagee shag determine. to the reduction of the sums second hereby, and to any prepayment tdtargs herein provided. and any balance of such moneys then romairtirp shall be paid to tM Mortgagor. The Mortgagor agrees to execute such further assignmena of arty compensations. awards. damsgts. claims. rights of action and proceeds as tM Mortgages may requiro. 25. This mortgage shell bs construefiia'"i'7aauriry agreement under the Florida Uniform Commercial Cods. 28. Other provisions:. IN WITNESS NHEREOF, the Mortgagor has executed these presents under seal the day and year first above written. Sign ,.sealed a d d ivered in the presence of: • (SEAL) BE 6 BRA GUETTLE - STATE OF FLORIDA ) COUNTY OF ST. LUCIE ) I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer oaths and take acknowledgments, ROGERT H. Gl1ETTLER and~DEBRA A. GUETTLER, his wife, to me known to be the persons described in and who . executed the foregoing instrument and they acknowledged before me that they executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at Fort Pierce, said County and State, this 24th day of July, 1980. - Lam/ f N ary Pu c,. to of : gr , ge . My Commission Expires : " agT/1ty PIALIG STAtE tai RORIOi1? AT 1AltQ . - - , My COMMKSIOf+I f~VlftK OC7.7 19f/ t-. : to 494045 .olio tlfllu ce~u u~elwaw~ d - i ~r' ~ ' ~ ~ - S E ~ TV,FLA. . . ST . fIEL'Opp VEflfFiEO 3 aaoK~35 P~fi~31 - .