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2~. 71ie luan rcpresented by this M~~rtg.ige and thr Notr is ~r+unal to the Mung~ ~ur and the Murtgagce ma~fe ~
the lo~n to the Mortgagor based up~m the credit uf the Mortgagor and the Mottgagee's jucf~ement uf the ability of the
l~1ungagor to repay all sums due under this Mortgage, and theie~ore this Mortgage may not be as.umed by any sub.,e- ~
yuent holder of an interest in the Mortgaged Propetly. lf all or any part of the Mortgaged Property, or any interest there- °
in, is sold, conveyed, transferred (~ncluding a transfer by agreement for deed or land contracU or funher encumbered hy
Mortgagor witnout Murtg;~gee's prior written consent excludi~g the grant of any leasehotd interest in the Murtg~ged Y
Property not containing an option to purchase. which lease is made in the ordinary course uf Mortgagor's business, then
in that eti•ent Mortgagee may declare aU sums ~cured by this Mortgage immediately due and payable.
~4. Mortgagur represent~ and warrants that i( a cu~w~ation, it is duly organired and validly existing, in g~xxl
standing urxier the laws uf the state uf its incorporation, has stack outstanding which has been duly ancl validly issued,
ar.d is yu:~lified to do busines~ :~nd is in guai standing in the Stste c~f Flori~la, with ful! power and authurity to con~um-
mate the loan cumtemplated hereby; arui, if a partnership, it is duly formed and validly existing, and is fully yualified to
do business in the State c~f Florida; with (ull power and authority to coroumm~te the loan cumtemplsted hereby.
25. In the event any one or more af the provisions contained in this Mortgage or in the Note shal! for any rea-
~on tx: hetd to tx~ im atiJ, illeg:~t or unenforceable in any respect, such invalidity, illeg:~lity ~~r unenfurceability sha~t, at
the uption uf the Mortgagee, not affect any other provisions uf this Mortgage, but this Mongage sh~l) be conswed :~s if
~uch im~alid, illegal or unenforceable provision had never been cont~ined herein or therein. The lotai intere+t payable
pur~usnt to the Note or this MoRgage shall nc~t in ~ny une year exceed the highest law~ful rate uf interest perniitted in the
State uf Florida.
26. The covenants and agreements herein contained tihaU bind ~nd the tx:nefit~ and advantages shall inure t~? ~
the respective heirs, executors, administraton, successors, :~nd assigns of the parties hereto. Wherever u~ed, the singu-
lar number shall include the plural, the plural the singular,-and the use of any gender shall be applicable to all genders. All '
cover.anu, agreements and undertakings shall be jant and szveral. In the event ad~iitional numbered covenants or paragraphs
are for conveoience inserteci in this Mortg;tge, such additional covenants shall be read and given effect as though follow~ing this
zo~~enant in consecuti~~e order.
IN W ITNESS WHEREOF, Mortgagor ha~ duly executed this Murtgage as of the date firsE atx~vc u•ri~ten.
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G~GE-'~--- .
~~rrEST: Hv _ _
Srcretar~
Ati itti ~ _ _
i C'()RPORATE SEAL) ;
STATE OF FLORIDA 1
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COUNTY OF ~
The foregoing in,trument wa, scknow ledged befure me thi~ ~ da}~ uf 19 ~ 3_ , b~ •
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C'vUNTY OF 1
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The foregoing intitrumem w~a. ackrn~wledged beforr me thi~ - day uf •
I y • hY a~ the -
uf .a r~,rpc,rauun.
un behalf of the cor~x~rativr.
Notan~ Public -
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