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HomeMy WebLinkAbout1541 f 20. No Trsnsfer. It ~s understood and agreed by Morlgagor that as part ot the mducement to Mortgagee to make the • , loan ev~denced by the Note. Mortgagee has cons~dered and re~?ed on the ~red~t walh~ness and rel~abl~ry d Mortgagor. Mortgagor covenants and agrees not to sell, convey, transfer, lease a further encumber any mterest in or any part d the Mortgaged Property wnthout the pr~or wntten consern of Mortgagee, and any such sa1e, conveyance, transter, lease or encumbrance made wnthout Mortgagee's pnor wntten consent shall be v~d. If any pers~n shoulti obiam an ~nterest ~n all or any part of the Mortgaged Property pwsuanl to the execut~on or enforcement of any I~en, secunty interest or other nght, whether supenor, equal a subord~nate to th~s Mortgage or the I~en hereo(, such event shall be deemed to be a transfer by Mortgagor and an event oi default hereunder. 21. Dehult Rate. The Default Aate shall be the h~ghest rate perm~tted by appl~cable law. 22. Chsnqes to Mortga~t. All changes, alterat~ons, deletions a add~t~ons to tha substance d any paragraph ~n th~s Mortgage wh~ch have bee~ agreed to beM~een Mortgag~r and Mortgagee have been irnbaled by Mortgaga as add~t~onal proot of Mortgagor's consent. '23. Additlonal Pa~raphs. In the event Mortgagor and Mortgagee agree to furlher covenants in this Mortgage reqwr~ng an add~t~onal paragraph or paragraphs, such paragraph a paragraphs shall be attached to th~s Mortgage unde? the head~ng of "R~der" and shall be part d th~s Mortgage as ~t set out ~n full herem. IN WITNESS WHEREOF, th~s ~nstrument has been executed on the date ~~rst above written. S~gned, sealed and del~vered tne ~esef?ce d: '90 JAN 24 R10 :~ts s lozo981 bN FiLE~!~- ~.hC ?,.1;._. ^ ~ouc~ ^ ~ U~z~~r~ : , _ S?. L~=, : "Jh ~ ~ NAROLD OLMSTEAD JR. IRENE OLMSTEAD (Afl?x Seal ~f Applicabte) STATE OF FLORIDA . ) COUNTY OF ST. LUCIE COUNTY ~ The forego~ng instrument was acknowledged betore me this day d a~~~ ~Y -~A-~~--~~5 ~-El~B--d F~ : ~ ~i 8 A~B--Rb M ~AS . ~ ; - ' ,y; , ..s:: i ; ~ , ~ - , ' , ; ~ ' ' . _ ~ •5~,. ' ; ~ .,1 -f.,' ; 5 PREPARED BY / RETURN TO: ' . - ~ ` ~ JKM 056 ' o ~ BARNETT BANK OF 5T. LUCIE COUNTY Notary Publ~c. State of o _~'~~ge~_ r.:_~;; _,~_1,~., - J c~., ~ ~ 4950 S. U.S. ~1 ~ FORT PIERCE, FL4RIDA 34982 :f`-` •`,-.t:;~'••,~ ~ My Commission Expires: ~S ~OtARY ~~IC. STATE OF iLORlOA. ~ MY COMII ~t~:, ~ !SSlON ExrlRES: SER. 2~. 1!~=. " ~ ~M[~t0 TMAV ~IaTARy ~Y~UC uMKwwMTtA~. ~ ~ 'Th~s paragraph must be completed prior to executing th~s Mortgage. ~ i ~ LOT 16, BLOCK 56, INDIAN'RIVER ESTATES, UNIT EIGHT, accordinq to the Plat thereof, as recorded in Plat book 10, Paqe 73, of the Public Records of ~ St. Lucie County, Florida i , , ~ ~ ~ ~ i K f Post Office Box 7220 Port St. Lucie, Florida 34985-7220 ~ ~ ~ ~ ° R ~~i541 ~ ~ . _ - -•~u~, ~r .~'a. ~~,..`"~ir:r.~~~ "~~"'~,=~~`,~~~.`'~~t~