HomeMy WebLinkAbout1813 ~1~22%9~ 13:24 GUNS?ER-BOCA Q11
~erein) by reason ot: (i) any aamage to or ~estruction o! or
any c~ndemnation or ~imilar takinq oL ~he Mortgeged Property or
any ~ait tl?~re~t; (11) any reatriction or preavntation of or
interference with any usn of the MorLyeqe~ Property Or eny pert
thereof; (iii) any titly defect or encumbr~nce or any e~~ckion
frorn the Mortqaqed Property or enY part thereof by title
paracn~unt ~r otherwise; (iv) eny benkruptey, fneolvency,
zeorganizetion, compoaition, edjuatment, diesolution,
liquidation ~r vtt~r~ like proceedin9 relating to the Mort~~qee,
or any action takan Nith respeet to thia Mortqase by any
~rustee or recefver of the MortqaQee, or by eny court, in eny
auch proceeding; (v) any claim which the Mortgagor hea ~r mi9h~
have apainat the Mortgagee which ha~ not been fully eaaua~catea
tv tha Mortqaqor's favor; (vi) eny defeult or feilure on the
part o~ the Mortgeqee to perform or complY with any of the
terms hereof or of any othcr agreement with the Moxtgagvr; or
(vii) eny other occurrence Nhetaoever, whether aimiler or
dissimilar to the forcgoing; whether or not the Mortgagor ahdll
i have notice ot knowledge of any of th~ foregoing. E~cept as
; expresaly provided herein, the Mo~tgago~ waivea all tighta now
f oT hereefter con~erzed by ~totute or otherNiae to any
abatemant, auapeneian, deferment, diminution or reduction of
E any porl.ioc~ of lhe Secured Inc~eblednesa ~nd paya4le by ~t~e
Mortqaqor.
F
, Section 6.b Gnvernin~ Law
Thi~ Mortgagt ~a esecuted and delivered in, and ~ts terms
and provisions are ~o be governed by, the lawa of the State of
: Fl~ridt~ and of the United States. Yn the event of an
? inconaiatency bel,ween ~he laws of FlOridB ~~3 thc lawa o! the
~ Unitad States, the laws of the United St~tes shell control. No
s peyment of intereat or in the nature of intereet for Lhis lud~?
" secured in part by khia Mortgage ahall ezceed Lhe me:i~~~u~ii
~ amount permittz~l by law. Any payment in eYces~ of tha mazimum
amau~~t sl?dll t~~ ~~glied or disbursed as provided 3n the NOte in
~ regerd to auch amounta Mhich are peid by the MorLyagee or
~ received by the Mortqeqee.
~
v 6ection 6_7 CQpat~~ction
Each of the pArties herel.o acknowleQgcs that they h8ve been
represented by ~heir own counsel LttlVUytlUUt the ne9otiat~Ot18
and et the ezccution of t.his Mort,yaye ~ii~ e~ll ~f the other Loan
Documents. Therefore, none of ~tt~ts ~aLtiea hereto ahall, while
this Mvrtgage is e[Lectivc u~ alter its termin~tion, claim or
a~aert that any proviaiona ot l.his M~ttyay~ ~r any oI the othet
Loan DoC~amenta ahould be Consttucc] ayainst the dratter of thls
- Mortgage or any of the other Lvan Docume~it~.
t=.
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