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20. That Mortgaqor w~ll not psrmit sny other li~ns to Ds hled s9s~n~t the said p~em~se: and il sny such I~ens are I~ted. whether paramount or subw
~f~nato to this mo~tgage. Mongagor w~ll hav~ or causs to bs hsd aa~d lien~ d~schar~ed ~mmed~atsly.
21. Mortgapae shall have tM ~ight to charys Mo-tga9oi s account with Mortgapee for ths ~nts~est and pnnc~pal payable as prov~ded ~n the prom~ssory
~o~e as such becomes dus in acco~dance therswith.
22. Ii tha Monyagee ~squests. Mort~apw hareby oovsnants and sp~ees that Mongago- v~nll }urnlsh the Mortgagee annually from the date of th~s
~~ortgage instrument, unless some othsr dat~ is a9rssd to between the pan~es in writ~n~, s can~f~sd aud~ted f~nanc~al statemeot of the Mortgsgor and annual
complets operating statemsnts ot Mortpagor. (i the Mon~por's fiscal or esle~-dar year shsll not co~nc~de w~th the data herein acpec~f~ed. then tha data wh~ch
che Mortgagee shell specify shalt bs controlhnp. Mortyayw shall wpply Mortgagee w~th such other financ~al ststements as Mortgagee may irom tims to tims
request.
23. It is agreed that nothing hsrein containsd nw am- transsct~on ~elatsd thereto shsll bs const~ued w so operata as to reqwre ihe Mongagor to pay
~n;erest at e rata greater than it is now Iswful in such case to contract for, o~ to make any payment a to do any act contrary to law: that ~i any clauses or
U~ov~s~ons herein containad operats or would prospsctively operste to inval~date th~s Mortgags w ssid Note m whob or in part. then. such clauses And
F,~ov~s~ons only shall bs held tor naught, as thou~h not hsrein conta~ned. and ths rema~~der oi th~s Mortgage shall rema~n operat~ve and in (ull torce and effect.
24. It all or any psn oi ths mortgaged propsrty shsll bs damagsd or tsken through condemnatw~ (wh~ch tarm when used ~n this mortgage shall ~n-
clude any demage or taking by any govsrnmsntal authority. and any transter by pnvate sale m lieu thereoil. either lemporanly or permanently, the ennre ~n-
debtedness secured hereby shalt st the option oi ths Mongagse. become immed~ately due and payabls. TM Mortgagee shall be entitled to all compensauon
awards. and other payments or reliat the~efor and is hsreby authwi:sd. at its optioo, to commencs. appear in snd prosecute. in its ow~ or the mortgagoi s
name, any act~on or proceeding ralstin~ to eny corxfemnation. and to settle or Compromise any claim m connection therewrth. All such compensat~on.
awards. damages. claims, nghts of action arxl procseds and ths right tha~eto are hereby sssigned by the Mortgagw to ihe Mortgagee. who. a(ter deducting
chareirom all ~ts expensas. including sttornsy's tess, may ~elssse any monsys so received by it w~thout affecting the lien of th~s mortgage or may apply the
same m such manne- as the Mortgagea shall dete~mine. to tha reduct~on of tM sums secured ha~eby. and to any prepayme~t charge here~n prov~ded. and a~y
t,alance of such moneys then remaimng shell be peid to ihe Mortgagor. The Mortgagor agrees to execute such turther assig~ments o( any compensat~ons.
.,vrards. damages. claims. rights ot action and proceeds as the Mongagee may reqwre.
25. This mortgage shall be construed as a secunty agreement under the Flonde Uniform Commercial Code
26 Other provisions
IN WITNESS WHEREOF, the Mort~agor has executed these presents under
seal the day and year first above written.
Signed, Sealed and Delivered in the
presence of:
l `~~~GL~f.Y/(~~ - ~i ~~'~~
,fi~.. ~h - ~ ~ ~
-
STATE OF FLORIDA )
)
COL'NTY OF ST. LUCIE )
_ - Q ~ ~Z~GFSEAL)
RIG i'~b F . KAI~E
. Q~~fr ~ (SEAL)
I HFREBY CERTIFY that on this day personally appeared before me,
an officer duly authorized to administer oaths and take acknowled~ements,
RICHARD F. Y.AINE and DALE R. KAINE, his wif.e, to me known to be the nersons
described in and who executed the fore~oing instrvment, 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 Stat,e~ this 4th ,.d~~;;
December, 1980.
19~0 O~C ! 9 Pa1 2~ 38 -
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tary ~uTl.ic
ate of Flor
My Commission
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sr. ~uci~ coux ~ Y r~ a_
ROGER POITRAS
CIERK CIRCUIT COU~T ~
?ECfRO~'FRIF't~~1-- ~,~r~ --
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511193
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Notary Public, State ol Florida at (~rqe
My Commission Expires Muck 2S. 1984
i,.~de! iai~ l~~r f~.n Msw~~c~ I~c.
3 $~345 P~ 9~'3