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23. The loan rcprcsentod by this Mo~tgage and tbcNote is persa~a! to the Mortgagor and the Mortgagoe made
thc loan to thc Mcxtg~go~ bsaed upoo the crodit of the Matgaga and the Mortgaga's judgement of U~e ability of the
Matgagor to rep~~r all sums due unda this Mongagc, and thc~+efore this Matgage may nat be suumed by aay subse- ~
queat holder of aa mtereat ia tbe Matgaged Piroperty. if dl or any p~t of the Matgagod Pmperty. a any intereat ther~-
in, is sold. oonveyod, ttansfenod (iaclud~'ng a traasfet by sgroemcnt fatdeod or landooatract)ot fwthe~eacumberod by
Matgagor without Mo~tgagoe's pria writte~ oonseat excludiag tt~e graat of my kasehold inte~est in the Mcxtgaged
not contaiaing an option to purchase. which leaSe is made in the o~+dinuy course of Matgaga's business. then
o+
in event Matgs4gee may declare atl sums securod by thia Matgage immodiately due aad payabk.
24. Mortgagor represents and warrants ttiat if a comoration. it is duly organiud a~d validly existing. in good
standing under the laws of the state of ia incorpocatioa, has stock outstanding which has baa duly and validly issued.
and is qualifiod to do business and is in good standing in the State of Florida, with full power and auttwrity to consum-
mate the loan comtemplated hereby; and, if a pactnership, it is duly fonnod and validly existing, and is fully qualified to
do busir~ess in the State of F1a~ids; with full power and auttarity to consumrnate the loan comtemplatod hereby.
25. In the event any one oc mooe of the provisions oontained in this Mortgage or in the Note shall for any rea-
son be held to be invalid. ilkgal or unenforceabk in any respoct, such invalidity, illegality or unenforceability shall. at
the.option of the Mcxtgagee. not afiect any other provisions of this Matgage, but this Mortgage shall be conswod as if
. such invalid. ilkgal or unenforceabk provision had never been containod herein ot thercin. 'I?ie total interest payabk
pursuant to the Note or this Mortgagc shall rat in any one year excetd the highest Iawful rate of interest permitted in the
State of Florida. .
26. The rnvenants and 'agreements hercin containod shal! bind and the benefi.ts and advantages shall inurc to
the respoctive heirs, ea~cutors. adminisvators, successors. and assigns of the pa~ties her+eto. Wher~ever usod, the singu-
lar number st~aU include the plural, the plursl the singular. and the we of any ~ shaU be applicabk W all ~enders. AU
oovenants, agroanents and ~u~dertalcings shail be jant and sevual. ln the event additional numberod oovenants or paragraphs
- are for oonveniena inse~tod in this Mortga~e, such additiona! oovenants shall be resd and given eftoct as though fdbwing this
oovenant in oonsocutive order. .
1N WITNESS WHEREOF. Mortgagor has daly executod this Mortgage as of the date first above writun.
Charles G. I~oaaes & Son, Inc.
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Secretary
As its
(CORPORAIE S ) ~
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STATE FLORIDA )
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I COUNTY O~ ~U~C~ ) '
The foregoing instcument was acknowlodged before me this ~ day of . 19 . by
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NOTARY PU3UC STF. ~ f C~f ~ l,. .
MY GOl~S.Y, i :5 i~'>! i . - . ~ • • •
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S'CATEOF t IDA ) EOr.D:D tnx~ i,.. .
~ ) SS:
COUMi'Y OF St. Lucie ~
The foregoing insWment was acknowledgod before mc this - day of ,
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19 , by ~ ~
of ,a corporation. ~
on behalf of the corporation.
r~ocary ruonc -
(NOTARIAL SEAL) My commission expires:
BOOK 393 PA~E 97g ~
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