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20 TMt Mortpa~or w~lt not p~rmrt any otMr INns to bs /~lad apa~~s! the sa~d p~~m~s~s ~nd ~t sny such I~e~s ars I~led. whe~her paramount o~ suDa-
du~ats to ~h~s mor~gap~. Mortppor vmu haw a uus~ to b~ had sa~d I~ns d~scMrQ~d ~mm~d~~~ety
~ 1 Monga~se shdl havs the rphs ta cM~ps Mortps9a's iccount w~th Mo~tpaq~e Ior the ~nter~st and pr~nc~pal payable as prov~ded ~n th~ pron~~ssory
~ats as sucA becames dus ~n sccwd~ncs thsrew~th
22 I( the Mortfla~ss rdquests. Mort~apa hKSby covs+?~nts and ayrs~s that MatQapa vm11 furn~sh the Mongagee annually Irom the date of th~s
mo.tgsg~ ~nstrument. unisss soms oths~ da~~ ~s aqrs~d to bstwN~ ths pan~es in wntmp. a certitied sud~tod bnanc~ai statement o~ the Mortgsgor a~d annual
complets opsraany stat~mants of Mortps9o?. It tM Monpapor's f~scal a c~l~ndar year st?all not canc~ds w~th tM date here~n spec~f~sd. then the da~e wh~ch
ct~e Mortgagse shall spsc~ty sha11 be contrdlin~ Mortpa9a sMll supply Mortgapee w~th wch other t~nanc~al statame~ts as Mortgagee m~y from t~me to t~me
reqt?eft
23 It ~s s~rssd that noth~np Mrsm conts~ned nw sny trans~ct~on rslst~d tharsto shali be construed w so ope~ate as to requ~re the Mortpagor to psy
~nterast at a rats grsatsr than rt~s now l~wful in such cas~ to contract for. a to maks ~ny p~yment or to do ~ny act contrary to law. that any clsuses or
prov~swns he~e~n conts~ned opsrats or would prospectiwly ~r~a to inval~date th~s Mortgay~ a sa~d Note ~n who~e o• ~n part. then. such clauses and
prows~w~s only shsll be hsid for n~u9ht. as thouyt+ not hsrNn conta~ned. snd tM rems~ndsr of th+s Mort~s9e shall rema~n operatrve and ~n (ull forte snd eHsct
24. If ail o~ any p~rt of tM mort~ap~d proD~rtY sMll b~ damaqad o~ taken i~roupA Condsmnatwn (wh~ch term when used ~n th~s mortgage shaii ~n-
cluda any dams9s ~ taklnp by any povemm~ntai author~ty, snd ~ny transhr by ptivate wN m t~eu thstsoi). e~ther temporanly or permsnently. the entire in-
debtedn~ss sscu~sd M~sb1r shal~ ~t ths option of tM Monyapsr. b~come immed~at~ty dw and paY~bl~• Ths Monge~ee shsll be ent~tled to att compensat~on
awsrds. snd otMr p~ymsnts o? rsliaf thenia and is h~nby autAori~d. at its option. to commenc~. rppea? ~n u?d prosecuts. ~n ~ts own w the mortgsgor's
nsme. any attwn w procesd~np rMatinp to ar~y condsmnation. ~nd to settle w compromis• any N~im ~n connect~on thersw~th. AI~ such campe~saiwn.
swards. damsp~s. cla~ms. ri~ha of action a~+d Wocs~ds and tM ri~ht chanto u~ hereby assiqrs~d by ths Mortya9o? co the MongsQss. who. ahe~ deduct~nQ
cherefroRS all its expsnsss. includinp ~ttaney's f~ss. may ?stsas~ any monsys so rocs~vsd by it without sHecang ths lien oI this mortgaqe or may apply tAe
sa:ne in wch mannsr ss the Mortga~ shall dstsrmine. to ths reductron of th~ wms sscursd hsreby, and to any p?epayment cMrge here~n prov~ded. and any
balance of wch moneys then rsms~nin~ shall be paid to the Mon9a~or. Ths Mongaqor ayr~ss to exacute wch further sss~~~ ments of sny compensatwns.
awards. damagss. clsims. nghts of act~on and prxeeds as tM Mort~spse may rsqu~rs.
25 TMs mortgsgs shsll be construsd as a security syrsems~t under the Flor~da Umtorm Comrneruat Code
26. Other proveswns:
IN WITNESS WHEREOF, the Mortgagor has execxited these presents under seal the day snd ysar first above written.
Signed. sealed and delivered in the presence of:
.
~ (Seal)
M. 9nt e . „~w~.
~
,
i " 4Seal)
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~ INDIVIDUAL ACKNOWLEDGEMENT
~
` STATE OF FLORIDA ~
. ss
~ COUNTY.OF ST. LUCIE ~
~
The foregoing instrument was acknowledged before me this 25th day of July ,
t9 83 , by Reba M. Srr,ith ~d .
~
, .
My Commission expires: T'' ~ . .
NOTARY P J~
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4 _ , 1 ~ . 1 .
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~Ol:D'cQ IHRU C3Ef:;RAI !Na , V~:L'~~vYRI iiiii y ? . ` ;
~ CORPORATE ACKNOWLEDGEMENT I ` • ~ ,
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e~ ~
a STATE OF 1 4-.
. ss , -
''~i., 1 c
i COUNTY OF 1 r V
The foregoing instrument was scknowledged before me this day of ,
19 , by snd .
~ respectively President and Ssaetary of
~ a oorporation, on behalf
£
~ of said corpors6on.
My Commiuion expires: B()OK 1 PdGE t-iV Y
NOTARY PUBLIC
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