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' 20. No Transter. It ~s understood and agreed by Mortgagor that ac part ot the mducement to Mortgagee to make the~ , ~
loan ev~den~,ed by the Note, Mortgagee has consdered and rel~ed on the cred~t worth~ness and re~~at~irty of Mortgagor Mortyaga '
covenants and agrees not to sel1, convey, transler, lease or further encumt~er any ~nterest ~n or any part ot the Mortgaged
~ Property wnthout the pno? wntten consent ot Mortgagee, and any such sa?e. conveyan:.e, transier, lease or encumbrance +
made ~nnthout Mortgagee's pnor wrrtten consent shall be vad. If any person should obta~n an ~nterest ~n a~l a any part ol
the Mortgaged Property pursuant to the execut~on or enforcement o! any I~en, secunty ~nterest a oiher r~5ht, whethe~ supenor.
equal or subord~nate to th~s Mortgage or the hen hereof, such event shall be deemed to be a transter by Mortgagor and
an event of detault hereunder '
21. petautt Rate. The Default Rate sha11 be the h~ghest rate permdted by appt~cable law
22. Chergea to Mort9~ge. A?I changes, a?te?atrons. deletrons a add~t~ons to the substance d ary paragraph m th~s Mortgage
wh~ch have been agreed to between Mortgagor and Mortgagee have been ~rnt~aled by Mortgagor as add~t~onal proof of
Mortgagor's consent
'23 Additional Para9raphs. In the event Mortgagor and Mortgagee agree to further co+rAnants ~n th~s Mortgage requ~r~ng
an add~t~onat paragraph or pa?agraphs, such paragraph or paragraphs shall be attached to th~s Mortgage under the head~ng
of "R~der" and shall be part oi th~s Mortgage as ~f set out ~n fult herem.
IN WITNESS WHEREOF, th~s ~nstrument has been executed on the date first above written.
'90 JAN 12 t' 1 :39~
S~gned, sea{ed and del~vered
m the presence d f , COltOEu
~OUG~ , , - CLc";~K
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1020433
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NORRIS K SLONE
~ ~ t1ARGARETA YOUNG
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(AH~x Seal ~t
Appi~cable)
` STATE OF FLOR~DA )
~ COUNTY OF ST LUCIE COUNTY )
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~ The forego~ng mstrument was acknowledged betore me th~s 12th day of ~~N • 1990
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~ by NORRIS K SLONE MARG4RETA YOUNG
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PREPARED BY / RETURN TU: -
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! BARNETT BANK OF ST LUCIE COUNTY
Notary Pub?.c. t te ot ~~:a~.e 3-=
~ 2421 SOUTH US 1 ~ , :
FORT PIERCE, PL 34 98 2 ~ o~`•,~
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~ My Comm~ss~on Exp~res: ~ ' ~
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~ NOTARY PUHLiC, STATE OF FLORI~. ~>i, ~1~~~~:~p
~ MY COMMISSION EXPIRES: AUG. 3~ r.S
~ antiOEDTMIIYNOTARYPYSUGYNOiRWRIT~•.~." ~.G~
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~ 'Th~s paragraph must be completed prio~ to execut~ng th~s Mortgage.
~ THE 1iEST 64 FEET OF' THE EAST 631 FEET OE' LOT 47
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60011 V7~ ~ACE t~i~~Lr
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