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?O That AAo~tyapw wdl not p~+mU ~ny othM i~?s !O b~ I~Nd ap~~nsl IM s~d pr~rtb~1 ~nd ~I ~ny suth I~~ns ar~ filsd wAet~ror Uaramounl or su~w
,~~~~.~~e eo ~n~s matpaq~. Matp~pw w~ll Mw a uus~ to b~ had sa~d hMS d+scMr~d ~mm~d~stN~
? 1 Morigages shall h~ve tM npht to cherp~ Mortp~qw's attounl with Morlpay~s lor lM ~nterest ~nd pr~nupal pay~D1~ as p~ov~dad ~n the prom~ssory
-~~.ir as such becomes due ~n xcadanu thanwah ~
22 il the Mwtgs~e rupuss~s. Matpapa hsr~by covsnants and ~yrNS that Matpapa w~ll fu~rns~ Ihe Mortgagee annuauy f~om ~he date of th~s
~.,ortyags ~nstrume~t. u~lsss some othsr d~ts ~s ~prs~d to b~tvwsn tM parti~s ~n wnt~np. a cen~f~ed sud~ted t~na~asl statement ol the Mo~~gagor an~t annual
~ omplero opsraung s~atem~nts of Mortgapor II tM Monppa's t~scal a cal~~du y~~f shall not canc~de wuh tM date herem spec~hed. the~ the da~s wh~ch ~
ir~e Mortgagse shall spsc~fy shall bs controll~np Mort~apa shall wpply Mortpape~ w~th such otASr f~~~~usl statements as Mortgagee may from t~me to t~me
~equest #
23 It ~s ag~eed that nothing hsrem conta~nsd nor sny transactw~ r~latsd thereto shall bs construsd a w operate ss to requ~re the Mortgaga to pay '
~nieres~ st a ~ate greatsr than rt ~s now I~wtul ~n such case to contract fa. o~ to m~ke any payment a to do sny act contrsry to Isw. that if a~y clsuses w ~
u~o~~s~ons hara~n con~a~nsd opsrats a would prospsct~vsly opsr~ts to ~nval~dat~ th~s Martgsqs a sa~d Note ~n.whob or ~n pan. then. such clsuses and
~~ov~s~ons ortly shall l~s hsld iw naught, as thoupA not hs~s~n contamed. and tM rema~nder ot th~s MortQa9e shall rema~n operauve and ~n futl to~ce snd eMect
24 If sll dr any part o1 tM mortqaged propsrty shell bs d~rn,~gsd or taksn throuph condsmnaaon (wh~ch term when used ~n th~s mo?tgage shall m-
ciude any damsgs or tak~nq by any gove~nmsntal suthority, ~nd any transfer by pnv~te ssk m I~eu tAereop, e~ther temporenly or permanently t??e entue ~n-
debtedness sscured hsrsby shall at tM option of tM Mort9a9ss. bscoms immsd~atsly due ~nd paysble. The Mongagee shall be ent~tled to all compensaaon
awards. snd otMr payments or rsliet therefor snd is hsrsby authorized. ~t its opt~on. to commencs. appssr in snd prosecute. m~ts own or the mortgagor's
~ame. sny action or procesding relat~ng to any condemnat'on. and to ssttle or Comprom~se ~ny claim i~ tonnection therewrth AI~ such carnpensa:~on.
awards. damages. cls~ms. nghts oi action and procesds end ths riqht thsroto us hersby assi~ned by the MoRgaga to tM Mortgagee. who. ahe~ deduct~ng
therei~om all its expsnses. ~ncluding attorney's tees. may rsMase any monsys so rsceivsd by it wnthout aifecting the I~en of th~s mortgage or may apply the
sa me ~n wch manner ss the Mortgagss shsll dstsrmine. to tM reductio~ ot tM wms secured hereby. snd to sny prepayment charge here~n prov~ded. and any
balance ot such moneys the~ ~ama~rnng shall be pa~d to ths Mortgaga. The Mortgsga agrees to execute wch further ass~~~ ments of a~y compensanons.
awards. damages. claims. nghts of act~on and proceeds as the Mongagoe may reqwre.
25 Th~s mortgage shall be co~strued as a security agrsement under the Florida Umform Commerc~al Code
26 Other provisions.
IN WITNESS WHEREOF, the Mortgagor has executed these presenu under seal the day and year first above written.
a
Signed, sealed an elivered in t resence of:
~ . ~ ~
_ (Seal)
ee Kit D. Storey e~•,,.„,P.
~ i
- ~r1'1'L.~L ' - - lSeall
n a . torey ~,.:•.,ri.,
INDIVIDUAL ACKNOMfLEDGEMENT - '
~~~~~~utti~
~ , ~r ~
~ STATE OF Florida ~ ~ ~
I. . SS ` ~ ~ •
` GOUNTY OF St. Lucie ) ~
~ : a fi~ ~ ' ; ,`„s
~ The foregoing instrument was acknowledged before me this 24th day of Octc~Q~.,~ ~;t
} .
; ~o
Y ~
te • • ' ~~,'!1.•
1g 83 , by Elee Kit D. Storev ~,d
y . ~ti, r • ~
fi
i _ . . ~{r
-
t My Commission expires: _r: `
s OT UBUC
IfOTARY PUBIIC STATE OF FLORIDA ~
NY COlIMISSION EXP. JULY 28~1987
? BONOEO THRU GENERAL IMS. UMD.
~ CORPORATE ACKNOWLEDGEMENT
~
STATE OF 1
- : ss
COUNTY OF !
The foregoing instrument was acknowledged before me this day of ,
19 , by and .
respectively Preside~t and Secretary of
- . a oorporation, on behalf
of said corporation.
g~ 4~5 P~ 951
My Commission expires: ~
NOTARY PUBUC
3