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20. Tt~~t Mortpa9a wdt not pKmit ~nr oth~ li~ns to M hled sflamst tM ~a~d prem~ses end ~t any such I~ens are f~~ad, whether paamount w suba
a~~,a-e to th~s mon~sas. Mort~~por wiM haw a t~us~ to b~ hsd ~s~d liens dischatyed ~mmed~atsly.
21. Mortpagse shall haw tM n~ht to ch~rp~ Matpapa's eccount w~th Mortgapse for ths ~ntereat and p~~nc~pal payabN ss pov~ded ~n ths prom~ssory
t~ote as suc~ bscomes dw in acoord~nq th~~with.
22 It tM Mwtpaps~ rpu~sts. Matp~~ Mnby oownann ~nd ~prses thst Mwt~sgo- w~11 furn~sh the Monga9ss annually Irom tM da~s ot this
n,ortgags mstrument. unlsss soms otf~ dats is ~prssd to bstvwe~ the partiss ~n writinp. ~ cenifisd sud~tsd i~nancial ststement of ths Mortgapor snd annusl
complete opsrating statsme~-ri of MortQ~por. II tM Mortpa9or's i~sc~l or c~lends~ ysar shall not canciM with ths date hersin ~pec~6sd, then ths dacs wh-ch
~ne Monyages shall specitp shall b~ controllin~. Mortpapor ~hall wpply Mon~a~ss w~th such oths~ financiat scatements ss Mortyapee msy from time to t~me
~equest.
23. It is agreed that r-othinp her~in contai~rod nor any transactio~ rslatsd thereto =1-a11 bs construsd w so opsrate as to rsqwre the Mongsgor to pay
~~~cezest at a rste g~eater than it is ~ow lawlul 1n wch cass to cont~act for. or to make any payment or to do any act cont~ary to law: ihst ~t any clauses w
c;~o~~s~ons harein conta~ned operats w would prospectively operets to inval~date this Mongage or said Note in whole or in part, then. such clauses and
~,ruv~s~ons only sAall be Mld for naught, a: thouph not hersin conts~ned. and ths rems~ndsr of this Mo-tgsge shall remam operat~ve and in tull force and eHect.
24. I( sll or any psrt o/ ths morty~psd propsrty shall bs damaged a t~ken through condemnsuon (which term when used ~n th~s mortgage shsll ~n•
~i~de any damags o~ takiny by any qovsmmsnal authonty. ~nd any transta~ by pnvats sale in lieu thereofl. eithe~ temporanly ot pe~manently, the entue in-
c:eecedness secursd hsreby shall at tM option of th~ Mortpayss. bscoms immed~ately due and paysbls. Ths Mwtgsgae shsll be ent~tled to sll compensatwn
awards. and othsr payments or relisi thsrsfor snd is hereby authonsed, at its option. to commence. appear in snd prosecute. i~ its own w tha mortgagor's
~~ame. any action or proceedin~ relatiny to any conclsmnation. and to settle or compromiss any cleim in connsction therowith. All such compensatwn.
~wards, damages. ctaims. nghts oi action and procseds and tM right thsrsto ars hereby assig~sd by tM Mo-tgsgor to the Mortgagee, who, sher deducung
ci,aretrom all its expenses. including attorney"s fses. m~y relesss any moneys so rscsived by it vinthout aHecting the I~en of this mortgage or may apply the
sa me ~n wch manr-er as the Mortgages thsll d~tsrmine, to ths reduction oi ihe sums secured hereby. and to any prepayment chsrge hsre~n prowded, and any
!y~iance of such moneys then remainirtg fhell be paid to ths Mortgagw. The Mortgagor agrees to execute such further ass~gnments o( any compensat=ons.
award5 damages. cla~ms, nghts ot action and p~oceeds as the Mongagee may reqwre
25 Th~s mortgage shatl bs const-usd as a secunty sgreement under the Flor~da Umto~m Comme~c~al Code
26 Other p-ovisions
IN NITNESS WHEREOF, the Nbrtgagor has executed these presents under seal
the day and year first above written.
Signed, sealed and delivered
in the presence of:
'`-~l/1(0.. ~ • ~Cl~(.E~4
~ ~ ~ ~~/'~
i`~ %~"`~ / ~ilL
STATE OF FLORIDA )
~
COUNTY OF ST. LUCIE )
BAXL'OQN MORTGAGE
T'
. - ~' :-z,,_--`1-~•
(SEAL)
ODILIO MOREIRA, ., ngle adult
S1y'74y
~ NAR 10 PM 2~ 44
ci.EG ~kt FFCORDFC
ST. LUL~E CCU?I ~ Y. f t A.
ROGER PdITRA5
CLERI: CfaCJfl_ C~URt
-~~ .. ~.. • ~.~ --
I HEREBY CERTIFY that on this day personally appeared before me, an
officer duly authoriied ta administer oaths and take acknowledgements, ODILIO MOREIRA, JR.,
a single adult, to me known to be the person described in and who executed the foregoing
instrument and he acknowledged before me that he executed the same.
IN NITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal at Fort Pierce, said County and State, this lOth day of March, 1981.
My Commission Expires: ~;pTaqv a~~p~ ~~ ~ ~-f ~- ;..,... , „
~.,~ ,:,~,.,• _ - ~
' ' ' • ~~•tiv~..ar' ._ ~. .ti..n. a^ ~ .J~. .~.
THIS INSTR~'aEf7T FRiF'~'~7~~ ~Y
GNAi2L'c5 ~~ P Ctt~.w~~
P. o. oox isio . 3c! :, c... :,t
FOHT P:Er:~:E. iL7R~D> 3:s450
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ary Publ ic ~ .' ~:j• - : .
ate of Florida at~ Cir.g~ ~.~~~ ,a =
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