HomeMy WebLinkAbout2322 ~
19. ThatMohq~porwillnotpermit~nyoth~rlienatobefiledwainstthesaldprsmisssandManysucAl~en~arefiledWhetherparamountorsubordinatetothisMort-
9aqe. Monppor wlll have w quse to be Aad sald liena discharped Immedlatsy. Thia par~praph shaH not appy to those mortpaqas spscificaly identitied ~arein as corr
stitutina encumbrances on the Mortyeqed property.
20. Mortqaqea shill have ths ripAt to cMrpe Mortpaqors account with Mortpaqee for tAe interest and p?incipal payable as providad in the Riverside Adventape
Account AQ~eement as sucA becor~es due in ~CCOrd~ncs thertlwith
2 t. If the MoApapee requeats, Mortpaqor hereby covenanta and apreesthat Mortqapor wiilfumish ths Mortpaqee annualy from tAe date of tha Mortgaps instnr
r,~ent, unleas soms othsr date is apresd !o bsivresn the partiea in w~itlnq, s Hnancial stetement d the MoAqaflor. If the Mortqapo~'s f1~ca1 or ubndar year shall nat colnclds
w ith the date herein specif ied, tAen the date wAicA tAe Mortyaqse sAali spec.ify shall bs contrdN~ Mortyagor shall wpply Mortpapse with aucA other financial statements
as Mortysyes msy from time to time repuest.
22. It ia ay~sed that nolhinp herein tonteined nor eny transaCtion related thereto shatl be COnstrued Or so operate aa t0 repuire the MOrt~a~or to pay
~nterest at a rate yreater than it is now lawful in auch case to contract for, o~ to make any payment or to do any ac! contnry to Iaw; that it any clauses or
provisions hsrein contained operats or would prospsctivey opsnts to invalldate tAis Mortppe or stid /lqrsement In whob or in part, then such dauses ~nd provistons
only ahall be hsld for nauflAt, as thouflh not herein contalned, and tAe nmaindsr of this MOripafls shall remaln opsratiw and In full forts and eHeCt
23. If all or eny p~rt of the mortyaqsd propsrty shall pe damaQed or taksn throuph Co~xismn~tlon (whfth tsrm when ussd in tAfs MoRqaps ahall I~clude ar?y damaps
or ta~cinp by any qovernmenla~ suthairy, and any transler by prtvats sale fn i~su thertof?, ~Ahsr tsmpoarly a psrmanenty, ths entks Indsbfednss~ securod hersby ahiµ
at tha option of tha Mortqaqss, beoome immsdiately du~ and payabl~, TM MoRppe~ shsll bs entNlsd to all compsnsatlo~ twardt~ ~nd othsr paymsnta or nNSf thsretor
and is Aereby authori:ed, at its option, to commsncs, appsar kf and probscute, M its own or tAe Mort~pors nam0. any ~Ctbn or proCeedinp rel~t{np to any Cor?demnstioR
and to asttb or comp?omise any claim In connsctbn therewkh All such compenaatloR awards, dsmapes, clalms, riphts of ~ctfo~ and procseds and ths ripAt thereto us
h ereby assiyned by the Mortasqor to the MoR~~s, who, ~Rer dsductirq thsrsfrom all its sxpsnaes. indudinp attomeys fees, may rslsase arty monisa so received by R
..,:~w....~.~ylwt.~.~w~~~~~~!t!z~ ~-tr.:.:arrr..:s_-
~_s..---...-'--~~-~------->x::.as"..-:.:._:._- _s:_
•~y~y~v ::.o:oP n::.o. i'v'.:.'v :'v~riii.i:'w
~ w u.o eu~Ti6 aoi.ui b~i i~6i diry. i[ii~"i iA
a ny prepayment charpe heroin provided, and any balance of sucA monies then remalnlnp shall bs paid to the Mortflapor. The Mortflayor ~qreea to execute sucA fuRher
assiqnments of ~ny compensationa, ~wards, damapas, clafma, riphts of action and proCSeds u ths Mortqaqes may rsquira.
24. In !he event this MortQape b junlor and inferia to any other mortpafls and/or lien on the above described rsal propsrry, and this Mortpa9e ta piven with f ull
kn owledye of such aupe?ior nwrtyaqe snd/or tien, that said moRpaQe end/or lien will be paid by Mortpaqa in accordance wRh the terms and condttbns fhsreof without
reg ard to any grace penod as containsd tharein and fallure to make said payable at the opSion of the MoRqapee. AddHionsly, the default In the performanca ol any of the
t e r ms, provisiona, covenant0. or aq reements contained in any aupe rior mortpa9e andJor lie n, or the commsncement of any aCtion to forecbse any aaid auperior mortflape
and/ar lien, shall constitute an automatic default in tt~ia Mortqafle and the whola of said principal sum secured hereby shal! Immediately become due and payabie at tha
option of ihe MortQapee. ,
25. This MoAQage shall be construed as a security apreement under the Fbrida Unifor+n Commerciel Code.
'90 FE8 -1 A10:18
- 142276 0
rtLED :;~~G R~!:i: .
~OUGI A ~ C;?XGl+ C
Sl LUCr~ `.':'!NT'~. ~
1
i
IN WI7NESS WHEREOF, the Wtortgagor has executed these presents under seal the day and year f~rst above writlen.
Signed, sealed and delivered
in SenCe of:, ' /
- ' ~
t~an ~
el n F. Parker eorrower
~ ~~u.~-~,~n ~ ~C'~-~'~y] ~ ~ ~
i -i--_ (Sesq
~ Anna M. Parker Borrower
~
r
! INDIVIDUAL ACKNOWLEdGEMENT
k
~
! srtiTE O~ _~I.ORIDA ~
~ : ss
~ CUUNTY OF ST. LUCIE ~ j
~ . ~ :y C: - '
~ The foregoing instrument was acknowledged belore me this 18th _ day of January_:.
t~l.~
~ , y 9O by DELPHIN F. PARKER and ~NA M. PARKER, tkil~. _~r;lt'e i-
' r :
~ _ ~
`.Sy Commission ezpires~ ti!".=v .~tE F'_.. ~ ('g t
a . L
~ r~ ~:rw;'_V=V ;z? J'JlY 2e,i:sl ~ . ~l.'c !s'
E-~~ 1~'' ~kJ' NOTARY PUBUC
~ •••'•'A ~''~••J '
CORPORATE ACKNOWLEDGEMENT
~
~7ATE OF ~
SS
:;aurvnr oF ~
The foregoing instrument was acknowledged before me thfs day of .
~ 9 ~ by and
0
~ ~esGectivefy Presidenl and Secretaryof
t
a
x
~
~ - • a corporation, on behalf
~
c•f sa~d corporation.
i
~~y Commission axpires: ,
NOTARY PUBLIC
~ BOOK~75 PAGE2Jl~ 3 '
c:, i~c%.
e"--`4.„,.'~ .s~- ~x~',~-.N~ ~-w~:~;~„~~:~,,~ -
~