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ld. It is es~~esslr uoderstood that all the p~omissory nota saured !~r this moctxaRe shall be deemed of equd dlsoity snd ~hat uone
, ~f uid pmmissoty ootes shall have any prioriry. ot othecwise. ovet any ocher of said promissory notes.
19. The wrhole of said priacipat sua~ secund br thi~ aroa~aae. ~and the accued Interat thereoa shal) becoa~t due at the option o~ tbt
aid Monltsgee, upon (ailure of any n~ner of the ~bo~•e described pcemisa to complr .vi~h sny la« of che Sute of Florida ot writh tb~
~equiremeats o( aay ordinance or depanment of ~he Gty io wrl~ich u~d premisa ue suwted. celatins to ssid mor~saged propeny o~ aop
part theceof. w~ichin teo days dter ootice of such cequiremeaa ~ball tuve beea siven to th~ thsa owroet of sald ptemisa by th~ qtd Mott~
psse. or o~her autboriqr.
20. If forectowre proaedinp o! anr ucond~ mor~~~
e ot ~econd tnut desd, or aaY llea of ~ay Iciad iaterioc to thls aaap~ desd ~t~ould
be inuituted. tLe Mortgagee may. ac ia optioo. immed~ately or tberea[ter declare thi~ aronpge and the iodebtedoess secured 6etebr due ~od
payable.
21. If thii nartp~e I~ a juuior llen. to p~y all paymeaa on aoy seai~c a~ortpje promptlY ~nd ~o complr piompe! w~teh all requtrs-
anenu of sud~ xaior moccgs e, md in the eveae awn~igor shall tail co py wch uaior mortgage promptlr. cbe hol~r haeof mar par
the ume, and said payment ~ be :dded t~ this morcEaee ~nd bolder hereof. aaay at hIs optioa crat s~ch hiluce oc~ tl~e part aE tbe
woagago~ to pay t6e same as a bnac6 of this aar~age ucttcratiag ~he prlocipal wm hereoE.
22. '[1+e mortp~or ~6a11 furoiab to tbe holder bereof. an acoppat arci6cate sbow~ios tbe remsininj balioa dw npoa tl~e oot~ aod
aaagage. and thac there are no vslid defeoses ~bereto w~ichin 6re d~ys after w~riuen request ~herefo~.
23. Thac if a coavey~auce shaU be aud~ by the mort~~or oE tb~ pcemisa hereia desc~ibed. or aay pact el~eceoE oc IE ao iaftdot aaapp
be siven by tbe mon~s~o f MItEIOY! tb! Nt~l[!0 COUlM[ Of t6~ awtcptse. u~d w~itbouc the assumpcioa ia ce~uLr ~otm o( law~r t6~~na p~
ia ntd coovsraaa of ~bt obli~arioo ~o tb~mocc~a~_e~. tbea ~ad in tlut weny sad at c!w o~p~ oE th~ aao~tp~s~, ~od wltlwat Iurtb~e
noiice. chis aar~p.aRe and all ~ums of moaey sccured becebr s6dl immed'uedy and coocurcentiy with conveyaace oE such iofaioe mort~,
become due aad papable md in deEaula
~24. If thu mort~a~e is a junior lien, and should any anior morega~e be inueased~ extcnded or alteted in amount oE ib ohlisatio~.
then all proceeds obtuned by the mortgap~or shaU be applied w the diminuation oi this mortgage snd thould the mort~a~or tail to tompl
pmm~tly with this requirement, the holder may at hu option treat such (ailure on the part oE the mortgagor to.par tttt 3ame as a~a'eac~
ot th~~ mort~[age acceterating the principal sum hereot.
2S. In the event that the acceleration ot ehe en:ire balance ot principat and interpt i~ declarcd~, the holder hereot, ia aeeordaatt ~vitb
.ehe terms of parasraph IQ, because of a deFault in any paytnent ot pnncipal or interest, iuch atceie~aaon ahaU not become eftative uatii -
auch payment has been in de(ault [or a period of _.1O dayt.
16. In the e~Ynt that iny portion ot the property ahall be taken under emin~:~t domain proceedinas, the proceedi~1 bp the tourt
shall br paid tu the holder hereo( in diminution ot hi~ mortgaae balance. rc~ardles~ o( whether hit security hat been di 'niin'~uhed.
IN WITNESS WHEREOF. the Mortgag... uo tee dar and yeu 6nt wdaea. !w euecvted tt?ese preaents uoder sal: if. w6en aod a
a corporuioo. by and throug6 ia dulq au~Doriud o~cen as t6e act and deed of tbe corpotariao. wbose oaa~es appear baeuoder. -
SiBned. ed. md ~nd ddi in tbe pramce of: . . ~.($eal)
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STATE OF FLORIDA. r
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St Lucie
Couoq+ of._.-------_'__._....--•---•---------------_._._
~ I, an o~c« tuthorised eo talce admoaledgmean oE dc~eds ~ooording to t6e laws of the State. of Fbridt, ~r quali6ed ~od sttio~
HEREBY CERTiFY-~hac...----_---_---•-~~~S F~STBPHSNSON and MARIAN H~ STSPHBNSON~ his wife
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co me ~er~as~r ~o~,~, ~.is d.y ~,o~.:~y ~ypeuid ~ad aclmowledged beiore me c6a~L~Y ._..e:ecuoed t6s tocesoio~ moct~e, ~ad 1
F(7RTHER CERl'IfY• thac I{cno.v the said penoa. s.__.~._..malcing said admowledgmmt to be tbe individnaL s dacribed in ~od ~fio
e~tecutod tl~e said mottgage. "
IN WTINESS WHEREOF~ I beceuaw sec mr 6wd aad o~cial ~eal ac___.._........._.. Fort ~I"~p~ '
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Counry aud Stste. this._...._.,~2,Ild..--~----.day of.. ....................................._._._._.----------.........._._.._.J11ae.~..__....~.~,,,,_,_~ 1 s"
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tbtary Publie. S'~ate ei fiorida at La -~~f-~°C
M commuuoo ac es...~--~-•~~ . !.G!~ r~~
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Y Pu ' ~ :
M ApN Z0, 1978 ~ i. ' Q `.s~r ~
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* S~AT~ 0~
CORPORATE ACKNOWLEDGMEIVT '
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fItEO AND R~N~Y F~I~,~A~~~~
STA1'E OF FLORIDA. ST.IUCIC COU
ROCC~ =0•T~AS S_" 1
Countyof..---• pf~}an ~co~F EO COUR
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I 1-IEItEBY CER'I7FY tbat----•-••-••-......-----.._• YM~.fj~d._.I.._~?R !
M~~~..:_...-_••--_-_•-..._.._....._...•-
rapectively a.._..-------..._._Ptesideat and_._..~.... of........
co a~e persaultr Icno..n. ~hi• dar P~r appared befoa me .nd admawled~ed ~ac they are tbe hwfiil o9icers of aid cocpondao tod
t6ae~y esccuted che foregoias mongaje u such officers of saId corpontion oc ~od ia bebalf of ~aid corpoatioo tod witli ful! po~rtr
~ad au~boriry so do, and ttut ~hep a~ced tuento tbe o~ds! ua! of ~aid ~sporuioo, and I FLJRT7iER CERTIFY that 1 Icnow t6e nld
per~oas making ~aid admowledgmmu eo be tbe iodividuals dacribed io aad wrbo e:ecuud cbe ~aid mort~sae a w~c6 oBcu~ of afd
corponu~x?
IIV WI7NESS WHEREOP, I hereunto fet my h~nd ~ud o6saal wl u..._.._ s~id
Couocr ~od Suce, tbis_.......... ..............day of.-- ..............-----.._~....__._................__................_........_.._.._..............._._.._....A. D. 19•...
r . . .
commusion pi •
ac res.---......._..
This Instrument Prepared By: ~ Naarr Pnblic - S~au d
Milton Rothman
6741 S. K. 64th Place, South Miami, Fla. 33143 ~"j f~~
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