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HomeMy WebLinkAbout0455. . . . .~ . ~~- 20. Th~t Mwtppo- wiN ~qt pNmlt ~n~r od~ li~ns to b~ fil~d ap~inat tM wW pr~mis~s and il ~ny such li~rq ~n hl~d. wh~tt~ pu~mount a wbor~. a,nate to this mort~, Mortpapo- will Mw a auN to b~ h~d said IiMS dis~hup~d inwn~di~tNy. 21. MatQapN sf-~U h~v~ th~ ripht to cha~ Matp~por's account with Mortpa~ for th~ int~r~st ~nd pnncipai p~yabl~ ~s provid~d in th~ prom~ssory ~ote ss such b~com~s dw M~ocpnf~nq q~awith; 22. tf tM Mottpa~ .~qu~sts, Mortpapot Mnby oownanb ~nd p~~q that Matpapor wi11 furnish tM Mortp~~ anowNy hom tM dat~ ot thit mortpap~ insuum~n~ unNa wm~ othu dat~ a~~d [o b~ewNn tM p~n1~s in wriw~p. ~ wrtifi~d audit~d ~i~ancial sat~m~nt ot tM Mo-t~~ and ~nnuN compl~t~ opa~tinp statsm~na oi Ma~tppw. tl tM Matpapor'~ tacN a c~N~dar y~u ~hall not ooincid~ with tM d~t~ Mnin .p~cifi~d. tMn th~ dat~ wl~ich the Mwt~pN sha11 ~ph ~lyll b~ controNinp. MORp~po- ~U wpply Mort~~ with sut~ othN (inancial st~t~maus N Mortpap~s may 6om tim~ to tirt~ request. 23. It i~ aprNd chat nod~inp hKNn eonq'tn~d ~ an~ tr~ns~ction rNat~d tM~sto sh41 b~ oonstru~d or ao opKat~ ~s to requirs tM Mortp~por to psy ~ntarest ~t ~ qt~ prNtN thin it i~ nOw I~wh11 in suCh CaN tp ff~lltraCt /O-, a to mak~ aMr p~ym~nt or to do ~ny act contnry to law: that if any cl~us~s a prov~sions Mrein oontain~d opKat~ a wouid pro~p~ctiwly q~r~t~ to inv~lid~t~ this Mortps~ a ~aid Not~ in whoN a in p~rt, th~n, such claus~s and urov~s~ons only s1w11 b~ hNd for nw~ht, a thou~h not hK~in oontain~d. ~nd tM nm~inds~ of this Mort {~ shall nmain op~atiw uid ~n lull fo-p ~nd efhct. 24. Ii NI or ~ny pan oi th~ mat~~p~d propKt~r shall b~ dan~a~d a t~k~n throuqh condemnatio~ Iwhich tam wh~n us~d i~ this mat~sp~ sh~U in- ciude any dams~ o~ takinp by ~ny powmm~ntal autlarit~r. ~nd any ta~shr by privste raN in liw tMnofl. eitt+~r t~mpoanly or pKmanMtly. tM ~ntin in- debtsdnsss sscund Mnby shall st th~ option of tM MortppN, b~cortN imm~diatNy dw and paysbl~. TM MortopN ~MU b~ entitl~d to NI oomp~n~ation awards. ~nd othN paymMts or rNiN th~nlor Md i~ Mnb~l wd~otis~d. at its optio~. to oomm~ncs. ~pp~at in and prw~cut~. k~ its own a th~ moKp~~oi s name. ~n~ aCtiOn Or prOCNdinO ~tlnp M uly COfkNmMtiOf1. ~nd to attN ot conyxomis~ aM- claim i~ co~nsction th~nwith. AN~wch oompsnsation. awards. dam~p~s. daims. riphb M actio~ and proc~ and tM riQht tMnto an hK~by ~ssipn~d by tM Matpapa to tM Mortpsp~s. who. ~hK d~duc[irp therefrom sll its ~xp~n~s. i~dudinp attorrny's iNS, m~y hNas~ ~ny mon~ys w nc~iwd by h without Nbctinp tM lisn of this mat4ag~ or may apply ths same in wch ma~ne- as ths Mort~ap» shall d~tKmiM. to tM nduction of tM wms Ncursd Mnb~r, snd to any pr~ymsm cMr~ Mnin providsd, snd sn~r batancs of such monsys ther- nmaininp shdl bs paid to ths Matp~po-. Th~ Mortaspo- a~ess to exscute such furt~ assipnments of a~y compsns~tia~s. awards, dsma{ps, ~Isims. nphts of action a~d proc~eds ~s th~ Mort~apee may rsquire. 25. This mort9ap~ shall b~ consbwd ~s a s~cunty aQnsms~t undsr the Florida Unitorm Commerc~al Cods. 26. Othsr provisions: 1 8.~~~~ PA6f 45~ ~ y 1 .~ ~ - ~~