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HomeMy WebLinkAbout0930 ~ ' 1 . ~ - ~ _ 26. This Mortqaqe shall be b~ndinq upon the Mortqaqor and upon tha succeasors, aasiqna and vendses of the Mortqaqor and ahall inure to tha.benefit of the Mortqaqee's successors and assiqns; all references herein to the Mortgagor and to the Mortqaqee ah~all be deemed to include their suc- cessors snd asaigns. Mortqagor'a succesaors and asaigria ahall include, without limitation, a seceiver, trustee or debtor in posseasion of.or for the Mortqaqor. Wherever used, the singular number ~hall include the plural, the plural shall include the sinqular, and the use of any qender shall be applicable to all qenders. 27. The Mortqaqor, within ten (10) days after the request in person or within fifteen (15) days after request by mail, will furnish a duly acknowledqed written statement aettinq.forth the amount of the debt aecured by thia Mort- qaqe,. the date to which intereat, if any, has been pa~d and stating ei:ther that no offaets or defenaes exist aqainat the mortqaqe debt, or, if such offseta or defenses are alleqed to sxist, the nature thereof. 28. Mortqaqor repreaents that it has been autho- rized to, and Mortqaqor does hereby, waive (to the full extent permitted under Florida law) any and all statutory or tquitable riqhts of redemption from sale by adveztisement or sale under any order or decree of foreclosure of this Mort- gaqe on behalf of Mortqaqor and each and every person, except decree or judqment creditors of Mortqaqor, acquirinq any interest in or title to the Premises subsequent to the date hereof. . 29. Mortqagor shall not penait any liens or - security interests (including any mechanics' or laateria].inen's ` liens), other than (i) those liens and en~wnbrances on, and zoninq restrictians, easements, licenses, covenaats and i other restrictions affecting the use of, the Premiaes which do not, in Mortqaqee's sole determination, materially impair f the use of the Premises for the purposes for which the same ~ are held by Mortgaqor, materially lessen the vaZue of the , Premises or materially impair Mortqaqee's lien on the Premises and (ii) those liens and security interests in ~ favor of Mortqaqee, to remain filed~or attached to the - ~ Premises for a period in excess of thirty (30) daya without ~ the.written consent of Mortqaqee, and Mortqaqor shall not sell, convey, refinance or otherwise dispose of all or any part of the Premisea without the prior written consent of Mortqaqee,~ provided that Mortqaqor may contest mechanics' or materialmen's liens in qood faith if Mortgaqor astablishes adequate reaerves therefor. If Mortqaqor doea sell, convey, refinance or otherwiae dispoae of.all or sny part of the ! Premises Without the prior written conse~at of Mortqaqee, ~ Mortqaqee may elect, by notice in writiaq to Mortqaqor, to declare the outstandiaq principal balance of the Notea, or any part thereof, toqether with intereet thereon, to be and € to become due and payable immediately upon the qivinq of r auch notice. . i ~ 30. In the event of a foreclosure of this Mortqaqe, ~ the Liabilities then due Mortqaqee shall not be merqed into any decree of foreclosure entered by the court, and Mortgagee ! may. concurrently or subsequently seek to foreclose one or ~ more mortgages which alao aecure aaid Liabilities. ~ ~ " ~ _ ~ ~ 9 - -13 - BOOK Y~?V PAGE ~Q i ~ - _ - . _ . . . ..-.Ka . _ . . - - _ ~ ~ - - - a ~