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20 TM~ Matppw vwN not p~rm~t ~ny o1Mr h~ns to bs hIW aw~nst tM sa~d p~~m~us a~d ~1 ~ny such ~~~ns a~~ hied wne~ne~ p~~amount or subo.
~i~~~n~e ~o IMs mortpap~. Matpa~or w~N Mw o~ c~us~ to b~ Aad sa~d I?~ns d~scMrp~d ~mm~d~~1Ny
21 Ma~gsges sh~ll Mw tne ~~9ht to cMrp~ Mo~tpaQa s accouM w~~A Mortpaps~ 1or IM mis~est snd p~~nc~pal payabl~ as prowded ~n tne prom~ssory
nore as such bscomes due ~ccordant~ IMr~w~th
72 II tM Mat~a~ rtlqu~sts. Matg~~w 1?sr~py cov~nants and aprNS that Matfls~or w~ll fur~~sh the Mongsgee annuauy from ~he da~e ul th~s
n,ortgags ~nstrurt~snt. unisss swne otMr dats is aprs~d to b~tvwan tM part~~s m w~~tm9. ~ ce~t~f~ed aud~ted f~nanc~sl ststament of tha Mortgagor an.t annua~
complete operaung st~temsnts of Mort9~po~ If tM Mortyapa's fiscN or c~l~~da? ysar shall not canc~ anth the dste hero~~ spc.~l~ed. then the date wh~ch
ine Malgagss sAall spsc~ty sAall bs controll~ng Mo~~pa9a shatl wpply Monga9es w~th such otAe~ h~snual s[atements ss Mortgagee may from ume to t~me
request
23 It ~s agtsed that noth~ng hsrsin conte~ned rwr ~ny transactw~ nlat~d ths~eto shall be construed o? so operate as to repwrs the Mortgapor to psy
~nterest a~ a rats grsater [hsn ~t ~s now lawfui ~n such case to contract tor, or to maks sny payment a to do any act contrary to law. thst ~I s~y clausss o?
P~ov~srons hers~n conts~ned operats w wou~d prospscuvsly operets to mv~i~date th~s Mortps~s a saed Note ~n whole or ~n pan. ~hen. such clauses and
prov~swns only shall bs hsld for nsugAt. as though not Mrs~~ cont~msd. and the rsma~ndsr of th~s Mortgsge sAali rema~n operauve and ~n futl (orca and eHect
24. If ali w any part ot the mwt9aflsd propsrty shall bs d~mapsd or tsken throuyh condemnat~on (wh~ch term when used ~n th~s mflrtgage shall ~n-
ciude any damsgs w aking by ~ny 9ov~mmsnal autha~ty. ind any tr~nsfer by prfvats ssle m lieu therspfl, eithe~ temporanly or permanently. tne entue ~n-
deDtednsss ssCUred hsreby shaN at ths optwn ot ths Monpagss. bscome immsdi~tely due and paysble. Ths Mortgagee sha11 be ent~tled to s11 compensat~on
awards. and othsr payments a rsliet tM~etor and is hsrsby authonzsd. ~t its option, to commencs. appear ~n and prosecute. ~n ~ts own or the mortgagor's
name. any aCtWn Or prOCeld~ng ~slatiny to sny condemnatio~. and to settle or cempromiss any cla~m 1n connect~on tMrew~th. AI~ such compensatwn.
awards. dsmagss, claims. rights of action and prceeeds and ths npht thsreto are hereby assi9ned by the Mortg~gw to the Mortgagee. who. afrc~ deducang
cnereirom all ~ts sxpsnses. including attorney's tass. may rsbase any moneys so rsceived by it vinthout affect~ng the lien ot th~s mortgage or msy apply the
same in such manner as ths Mortgagss shall determins, to ths reduCtiw~ of the wms setured hsrsby. and to any prepayment charge herein provided. snd any
balance af such moneys then rema~nir?g shall be paid to tM Mortgapor. The Mortgagor agrses to exetute wch (urther ass~~~ me~ts of any compensat~o~s.
awards. damages. cla~ms, nghts of actwn and proceeds as the Mortgagee may reqw~e.
25. Th~s mortgage shall be consvued as a sscunty sgrsement under tha Flonda Undorm Commerc~al Code.
26. Other provisions.
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IN WITNESS WHEREOF, the Mortgagor has executed these presenu under seal ihe day and yea~ first above written.
' Signed, sealed an delivered in the presence of:
_
~'~S~`~`-" (Seal~
. Sarah T. Leto 8 ,.,.,w„
'
~ - - (Seal1
H:,~-•,~v~r
' INDIVIDUAI ACKNOWLEDGEMENT
~ '
~ ~~ATE OF Florida ~
.
: ~
! COUNTYOF St. Lucie i ~~,~~n~,~~~~~;,t.:~
; ~ t~~ M~ ,
~ ~1 Fr,' ~ ;
,
~ The foregoing instrument was acknowledged before me this 24th day of ~ t:~
~ ` ~ ~ ~t~'s T ,
f 19 $3 , by Sarah T. Leto, thP i~nrc~marri E+d ~ ~iC??.-
t - -
4 surviving widow of Anthony J. Leto, decea ed '
My Commission expires: ~ ~ ~ ~ • ,
~ NOTARY PU9LIC STATE OF FIORIDA ~
N A BLIC - ~ •
` NY COMNISSION EXP. JULY 28.1987 ~'fy,a,
~-.l,., a.~J
.~~`r:k; ~r•.
' BONDED THRU GfiffRAl INS. UNU.
s " - -
~
s CORPORATE ACKNOWLEDGEMENT
STATE OF 1
: ss
COUNTY OF 1
, The foregoing instrument was acknowledged before rne this day of ,
~ 9 • bY and
res~ctively President and Secretary of
t
• • . oorporation, on behalf
< of said corporation.
4
My Commiuion expires: at]~ 415 PAGE 947
NOTARY PUBLIC
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