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Home My WebLink About0994 Y0. That Monpaqor wltl not pe~mil any olhet liens lo be liled ageinsl the aeid premisea and il any suth Uens are tiled, whelhe~ pa~amount o? subor• dinete to ihis mortflage, Mortqegor will have or cause to be had said liens discharyed immediatey. 21. Monyaflee ahap Aave the ~ighl to cl~arpe Mortflagors account with Mortflageefor the Intereat and p~incipal payeble as provided In the promtssory ~ote aa such becomes due M accorda~ce therewith. 22. If lhe Mo~tpagee requeats, Mortpepo~ hereby covenants and a9rees thet Mortyayo~ will furnieh the Mortflapse annual from the date oi the monyaye instrument, unless wme other date In a9reed to between the paAies in writinq, e certified audited f inanclal statement ot the~ortqa~or a~d annual complete ope?afin~ stetemants of Mortgagor. lt tha Mortqayor'a tiacal or calendar yea~ shall not colncidewith tha date hereln specified, then ths dale which lhe Mongapee ahe 1 apecly shall be controlNnQ. Mortflagor shall auppry Mongagee with auch other tinenclal statemenls as Mort~a9ee mey from tlma to time requesL ~ 23. It is agreed that nolhinfl harel~ contained ~or any transaction r~lated thereto ahall be const~ued or so operate ea to requi~e the Mortqaqor to pay interest at a rate greater then it is now lawtul in such case !o contrect for, o~ to make any paymenf or to do any act cont~ary to law; thet If eny clauaes or provisiona hereln conteined operate or would prospectively operate to invalidate this Mortgege or said Note in whole or In part, then auCh clauaes and provtsiona only shall be heldtor naught, as though not herein contained, end the ~emainderof this Mortgage shalt remain operative and (n fuliforce end eNect. 24. It all or any part of the moriyaged property ahall be damaged or teken through condemnaUon (which term when uaed in thia mortpeqe ahall In- clude any damafle or takinp by a~y Qovernmental authority, and any transter by prNafe aale in ileu thereoQ, etther temporarily o~ permanently, the enti~e in- debtedness secured hereby shall, at the opNon ol the Mortgagee, become immediatey due and payabla The Mortgegee ahall be entHledto ail compeneatbn, awa~ds, and other payments or reNef the~etor and Is hereby authorized et its option, to commence, appear in and prosecute, in its own or the Mortgagors name, any action or proceedin~ relaHr?g to any condemnetion, and to settle or compronAise any claim I~ connection therewith All such compensatbn, awarda, damages, claima, tiflhts of action and proceeds and the right the~eto are hereby assig~ed by ihe Mortgaqor to the Mortgagee, who, atter deducting therefrom ell its expenses, inctudin~ attomeya teea, may release any monies so received by it without aHectiny the Uen of thia moRgaqe or may apply the same in such manner as the MoRflaflee s~all determine, to the reduction of the sums secured hereby, and to any prepayment charge herein provided and a~y bala~ce of such monies then remaininfl shall be paid to the Mortgagor. The Mortgagor agrees to execute suah fuKher aasignmenta of any compeneation~, awards, damages, clalms, ~iyhts of actlon and proceeds as the Mortgayee may requira. 25. In the event thts mortqafle is junior and inferior to eny other mortgage and/or lien on the above-described reel property, and this mortgage is given with full knowledge oi such auperbr mortqage and/or lien, that seid superlor mortyape and/or lien will he paid by Moriflagor in accordance with the terms and condNions thereoi without regerd to any grace period as contained therefn and tailure to make said payment will constitute a~ automeNc detauit in this mo~t- yage and thewhote of said principal sum secured hereby shall immediatey become due and payable at the option of the Mortgagee. Additionally, the de(ault in the pe~formance of any of the terms, provisions, covenants, or ag~eements contained in an/ superior mortgage and/or lien, or the commencement of any acNon to foreclose any said superio~ mortgage and/or lien, shall constitute an automatic default in this mortgage and the whole o! said principal sum secured hereby shall immediately become due and payable at the optien ot the Mortgagee. 26. This mortgage shall be consirued as a security agreement under ihe florida Uniform Commercial Code. : 27. Olher provisions: 'i i F G • ~ IN WITNESS WHEREOF, the Mortgagor has executed these presents under seal the day and year first above written. ~ t ~ , (Seaq 2 ars ` ill ~ " Borrower ` . ~ ' J ~ . .L ~ / (Sea~ ~ arion E. Mi er Borrower ~ INDIVIDUAI ACKNOWIEDGEMENT STATE OF ~ORIDA ~ ' - :ss COUNmr pF' - ST.~ ~ CIE ~ t • • ~ 1,•• O •~:?~e~''te~tPfgqi~-i'hStl~y~ri~Qnt was acknowledged be(ore me this • 28th day ot AUdust . = : ' ~t.•: t9 ~ t~ ~I~AR$~jALL M. MILLER and ~RION E. I~ILLER~ his wife ~ ~ f' ~ . • .r ~ .J{~i:.°.Y PL'3C?C S,•~E v; FL•.i ii.. 's MyC54r~jq;ssiOf~6~tpir~,s. s `xr ::¦t:__._. _~_r . ..:vi ..'~_.,e,~,~~~-' t''.;''_ti;';,- NOTARYPUBLIC ~ CORPORAT~ ACKNOWLEDGEMENT S~~Sp~ h ~ STATE OF 1 : Ss '87 SEP 14 P 3:15 ' couNnr oF ~ i The foregoing instrument was acknowledged before me this day of _ ' . ~UGLAS 01 ~C~t~ :;:_~RK ~g by and S LUCIE CO~~iTY. FL , ~ ~ respeciively President and Secretary ot ~ , a corporation, on behalf • E o! said corporation. U R ~~7 PAGE 993 aooK My Commission expires: ; ~ NOTARY PUBUC 3 - _ . .