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Home My WebLink About0956 ` . . 20. That Mort9eqor will not permil sny other liena to be f(led afleinat the said prsmtass and N sny euch liena are iflad, whether paramount a tubor• dinate to thfs mortgeqs, Mortpa~o~ wlli have or causa lo be had seid liens dfacharqed immediatety. 21. Mortqapee shall havs Ihs ~iflht to charqe Mortgagors account with Mon~agee for the intereat and principal payable as provided in the prombsory note es s~ch becomes due In aCCOrdance therewith. 22. If the Mortpa9ee requesta, Mortyeqor hereby covenants and agrses that Mortgapor wifl lurnish the Mo~t~ayee annualy irom the date of tha monqa9einstrument,unleassomeoiherdateiaaq~eedtobeiwee~thepe~tleainwritinp,acertifledaudNedfinanciatstetementoftheMonqa9orandannusl compl8te operatln stetements ot Mortpegor. It the Mortya~ors tisca! ot calenda~ year ahall nOt colncidewith the date he~ein specified, then the datewhich lhe Mortfla~ee aha~l apeCfty shell be cont~olUng. Monga~or shall supqly Mo~t9a9ee witA such olhe~ (inancial statements as Mortgegee may Irom time totime requesl 23. It la aflreed th8t nolhing hereln contalned nor any transaction related lhe~eto shall be construed or ao operete aa to require the Mort~afla to pay interest at a rate greater than it ts now lawful in auch case to contract for, or to mek9 any payment or to do any aCt cont~ary to IaW; that If any clauaes or provisions herein contained operete or would prospectivety operate to Invalidate this Mortgaye or said Note in whole or in paii, then such clauses and provisions ony shall be held 1or nauflht, as though not hereln contained, end the ~emaf~derot this Mortgaye ahell remain operatNe and in lull force and eHect 24. H all or any pah of the mo?tgeyed property shell be damaged or taken throuyh condemnation (which term when used in this mo~tflage shall in~ clude any damage or tekinp by any ~overnmental aulhority, and any transler by prNate sale in Qeu thereofl, elther temporarily or permenenty, the entire irr debtedneas secured hereby shall, at the optb~ of the Mortyagee, become immediatey due and payable. The Mortgagee shall be entiiled to ail compensatb~ awarda, and other payments or reU9f theretor and is hereby authorizedr at fta opfio~, to commence, appear in and prosecuf~ in ita own or the Mortqegor'a name, any action or proceedinq relating to any oondemnation, and to eettie or compromiae any claim tn connecfion therewith. Ail suCh compenaatb~, awarda, damegea claims, ~hts of action and proceeds and the rbht thereto are hereby assiyned by the Mortgagor tolhe Mo?tgagee, who, affer deduclinp therefrom ail its expensea, including attorneys feea~ may release any monies so received by it without aHecting the Uen of this mongage or may apply the same in such manner se the MortQagee shall determine, to the reduction of the sums secured hereby, and to any p~epayment charge herein ptovMed, end any balance of suCh monies then remaining ahall be paid to the Mortgagor. The Mo~tgagor agrees to execute such funher assignments of any compensations, awards, damayes, claima, righta of action end proceeds as the Mortgsgee may requira 2b. In the event thi8 mortflege is Junlorand infehorto any other mortgage and/or lien on the above-desctibed real property, and this mo~tgage is given with iull knowledpe of such superio~ mortgage and/or lien, that said superior mortgage and/or lien will be paid by Mortgagor in aceordance vrith the terms and conditions thereof without regaM to any g~ace period as contained therein and faflure to make seid payment will constitute an automatic default in thia mQA• ga~e and thewhole of aaid princtpal sum aecured hereby shall immediatey become due and payable at the option of the Mortgegee. Additionaly, the deteult in the pe~formance of any of the terma, provisions, covenants, or egreements conteined in any superior moRgage and/or Ilen, or the commencement of any actbn to foreciose anyasid supe~lor mortgage and/or Uen, shallconstitute an eutomatic deisuit in this mortgage and thewhole of said principal sum secured hereby shall immedietely become due end payable at the option of the Mortgagee. 26. Th{5 mortgage shall be construed as a security agreement under the Florids Unitorm Commercial Code. 27. Oiher prOvisions: . ~ --3 P2:3 s4ss2s ; iN WITNESS WHEREOF, the Mortgagor has executed these presents under seal the day and year st above written. t ~ ~ ~ , ~ r- [ (Seaq ~ Le Harriso . Borrower ~ ~ ~~,uao~n C~ _ ~e~:~~ ~ ~ (Sea4 L •erne Proctor-Harrison Borrower ~ INDIVIDUAL ACKh10WLEDGEMENT t i ~ ~ ~ STATE OF ~•ORIDA ~ : ss couNnr oF ST. LUCIE ~ The foregoing instrument was acknowiedged betore me this 26th day ot Au~ust , t9 _by LEWIS E. HARRISON and ~VERNE PROCTOR-HARI~~SUN •~~Wife K8i'.=Y Fi,?!i STAi i~ FiG'?ia ~,ry'~y~ ~e - My Commission expires: ~ = RY ~Cfel~S:Oh :r'r .;t1 Z~,1~9I QOi^E:; )t•~:~ G:4r'.-L 1~~. 'JS'~. NOTARY PUBLIC . r~ i. ~ , •'r,l ~ • Ja ~ CORPORATE ACKNOWLEDGEMENT • , • .r _r_'' = . • - n t~>?'s~s.~''- . v .1` . . STATE OF 1 - ~ : ss . ~ ~ COUNTY OF ? • • The (oregoing instrument was acknowledged before me this day ot . 19 . by and ~ respectively President and Secretary ot , e corporation, on behalf ol said corporation. ~ ~ ~ N1y Commission expires: NOTARY PUBLIC a BOOK - ~,e,,,...,.....- . _ . ; :