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20 That Mortqapa w~d not pamu any othsr Iwns to b~ hNd p~nst tM u~d pr~nws~s ~nd d any such INns f~isd. whather psrsmount or subw-
d~nate to tMs monQap~. Mwtp~~w Mnll Mw O~ Cauf~ to b~ h~d sad Iwns d~stMr~d ~mm~d~at~ly.
21 Mat~gss shall haw tM npht to charp~ Mat~pa's account vmth Mortpa~ Io? tM ~nte«st snd prmc~pai paysbM ss prov~dod ~n the {uom~ssory
no~e as wch bscomss dw ~n ~cco~danc~ tMnw~th.
22 H ths Mort~sq~s npu~s~s. Matpapa h~nDy covw+ants ~nd aprs~s that Mort~a~or wJl turn~sh tl?~ Mongsges annually from the dat~ of th~s
mongags ~nstrument. unlsss soms otM~ dats ~s s~~sd to b~twMn tM pani~s m wr~t~n~. a cert~Usd aud~tsd f~nanc~al sqteme~t ot the Mortgagor an~f snnusl
complet~ aps~~tup st~t~ments ot Mortp~~or. 11 tM MortQaqoi s fiscN a uNndu war shall not canc~ds w~th ths dste hers~~ speuf~ed, then the dste wh~ch
the Monq~qss shall sp~cih shall b~ controlGnp. MortQpo~ sMll wpply Mortpape~vinth such otM~ h~anc~al sutements ss Mort9agee may /rom ums to t~me
request.
23 It is p~sed that nothin~ INrsin tont~~nsd nor anY transaction ~~~,atsd thsnto shall be tonstrwd o~ so oper~ts ss to reqwrs ths Monps~ to psy
~ncersst at s rats ~rsstsr th~n it is raw lawful ~n such case to ca+tract for. a to mske ~ny p~ym~nt o~ to do any act cont~ary to Iaw: tAat it any cl~ufss w
P~ows~ons here~n cona~ned opsrite a would prosp~ctiwly op~~ue to Mv~l~dat~ this Mat~ w s~id Note in wlw~e o~ m psn, then. such clauses and
prov~s,ons only shsll bs hsld fa naupht, ss thou9h not Mrsin contaiMd. and ths rsmamds? oi th~s Mortpaps sha11 remain operaave and ~n (ull force snd eNsct
2~. If all a am? pan of tM mortpa~d ptopaty sha~l bs dama~d a uksn throu~h co~damn~tio~ Iwh+ch term whsn used ~n this mortga9s shall ~o•
c~ude sny dama~s o~ takinp by aM? ~owrnm~ntal wtl~oritlr. and any tru~sf~r by priv~t~ sN~ in liw tMnofl. s~tMr temporanly o~ permsnenth. tne ent~re in-
debtedn~ss sscund hsrabl? sh~ll at tM option ot th~ MatQaps~. b~com~ imm~diatNy dus and p~yabh. TM Mortpps~ shall be entitled to all compensatron
awards, snd ott~ psyms++ts or rolisf tMnfor and '+s Mreby ~uthori~d. at ia option. to comm~nce. appsar. in ~nd proaecuts. in ~es own w ths morcgaQo?'s
name. soy ~ctio~ o? Procebinp rdatinp to ~ny co~d~mnation. and to s~ttN a com~xomiq any cl~im in connect~on tMrswith. AI! such campensatwn.
awsrds, damap~s. claims. ri~hts of ~ction ~nd ptocNds ~nd th~ ripht tM?~to ~n Mr~by asspr»d bY ths Mortya~or to ths Mortgagse. who. ah~~ deducang
thereirom aN iri ~xp~nsss. indudirp atta~i s fsss. maY ?N~~N ~nY maNYs so r~ctiwd b1? it witAout ~NeCtmQ ths lien of th~s mortgsge or may apply the
same in such m~nnsr as tM Mort~a~ shatl dstsrmins, to tM roduction of tM wms s~curod hsrsby. ~nd to sny prepsyment chsrge Mrein provided. and sny i
balance ot such moneys then romaininp shall bs pa~d to ths Mortpa~o?. Ths Monps~or a~?sss to execute wch further au~~ ments of any compensat~ons.
awards. damsgss. clsims. nghts of actwn and p~ocesds as tM Mon~eyss msy rpuirs.
25_ Th~s mo?tgage shall bs comtrusd as s sscurity s~rs~ment under ths Fbrida Un~torm Commerc~al Code
26. Other proviswns: ' ~
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~ STATE oF FLORICA.! v
~ OO~UMENTARY SiAMP iAX ~ o; ~ s
DEPT.OF REtlENUE . • ; ' c-
~ - PR = ~•=--a . ~ I 5. 3 0 ~ ~
. _ ~ ~~~~2 :,.s ;
IN WITNESS WHEREOF, the Mortgagor has exacuted these presents under seal the day and yssr first above written.
Sigr?ed, sesled and delivered in the presenoe of:
~ eall
~ ` ruce D.. Brannen e r~~w?~
/ i lalt,t.t ~i,~,.-~,1~Sezt1,
am~ e rie Brannen, ~is wife ~~.:~•~wM
INDIVIDUAL ACKNOWLEDGEMENT
f
!
STATE OF Florida ~
€ : ss .
~ COUNTY OF St. Lucie ~ . ~
z
~ The foregoing instrument was acknowledgaci before me this 26th dsy of AuRust , ~
~g 83 , by ~ Bruce D. Brannen ~d ie Marie Br nnen, is wife _
~
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My Co ,~mR~pWN~if~f~rq4~~,, . ~ ~ _ I
~~~7 ~ r . . . . . . /
~ ~ ~ NOTARY 8 IC ~
•
~ : Qgs -
=,t,: ~ - ~ l
0
~ ~ _ ~ ~
::.s ; ~ " CORPORATE ACKNOWLEDGEMENT
•
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':'Y ` 1
~ •'f ' l ' r
s ~r s; ~ ; . ,
r •..q .~e,=. . • f``~ . ss
~ cOUt~:O~ ~ 1
~ . .
F Ths foregoing instrument was scknowkdgsd bsforo me this dsy of
.
~
~ 19 , by and .
~
respectively Presiaient and Secxetary of
. s oorporstion. on beh~lf
F
of ssid oorpors6on.
My Commiuion expires: ~
B~0!( 410 r~E 9~6 3 NOTARY PUBLIC
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