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HomeMy WebLinkAbout0935 20. ~Thal Moripa~or w!!1 nol permll any other liens lo be Iiled a9a~net Ihe sakl p?emisee and It eny such tlens are Illed, whelher paramounl o? subor• Hnale to thls mort~aye, Mo~tqagor w111 havs or cauas lo be had ssld Ilen~ dlacharqed Immediatey. 21. Mortpepes ~hall Aave lha riyhl lo charpe Mo~tqegors ~ccounl wllh Mortpayee (or Ihe Intaretl snd prlnclpal payable ea provlded in the promlesory ~a1s ~a s~ch beCOmss due In eccordance Iherewlth. 22. Il lh~ Mo~9~qee ?evuesle~ Morl4ePo~ hsreby covenanl~ end a4reea lhst Mort~a~or wllf furntah the Matyapae snnualN Irom Ihe dsls of ths ~•-~-•;.--~~~-A..+..~.+W.u~.+n•ca~~lladauditedNnenc1a1s1stemsnloithsMohpa o~~nd~nnu~l non flage Insttument, un~sss bun~d oi~+v~ u.~r ~o oy..,~.......... _ -omplets operallnp elatemeMs ol Mo~lpaqw, ll lhe Mortpa~or's liacsl o~ calend~iyea~ shall nol colncWe wllh Ihe a~~e heroin ~peciiieo, ii~n~~~ ~v G.t. ~+w : ;hs Morlqa~as shsll apecify ahall be conl~olling. Mo~tpeqor ahetl aupply Morlpaqes wph auch olher Il~snclal statemenl~ as Mort9a~ea mey Irom Ilme to llms requeal. 23. it h a~resd thal nolhing he~eln conlalned nor eny Iranseclio~ ~elated Ihereto shsll be construed or eo operele as to requl~s Ihe Mo~tgspor lo pay !nleresl st ~~sls qreater then 11 Is now lawlul In such case lo cont~acl lo~, or to make any payment or to do ~oy ~ct contrery to tew~ Ih~t 11 any clausea or provislona heteln conislned opereis or would prospeclMaly operale !o lnvslidats Ihla Morfpa~e or asld Note In whole or In par1. t~sn tuch clauses and provlebnt ony sh~ll be hetd lo? naupht, as Ihough nol he~sin contained, and Ihe rem~lnde~ ol lhls Morlpape shall ~emaln operafive and In fuiltorc~ ~nd elfect 24. 11 al! a any paN ol lhe mortgeged propeily ehell bs demeged or leks~ Ihrou9h condemnellon (wh~h tarm when uted In this moKqwe shiq In- cl~~de eny dam~gs or laklnp by any govemme~tal autho~ily, end eny tranele~ by prMale sale tn i(eu therao~, ellher tamporerlyor permansntly, !h~ snllrs On~ ' ~~curod hereby ahaN, at the aplbn of fhe Morlgape0. become lmmedlelely dus end payabie. The'Mortpaqee sha11 be enlfUed 1o Nl canp~null~ ~wsrd~ ~nd olhsr payments or ~ellei lhere(or end Is hereby eutharized,, ~1 ils oplbn, to commencs, sppear In ~nd pro~ecut0. ~n (ts own or iA~ Matq~pors nams, ~ny aCllon or proceadiny rolatlnp to ~ny condemnaNoq and to aettla or compromise any cletrr~ In co~nsclFon thsrewilh All such compsnsNb~ .a ~,.a ~,,.,,,~ti~ ~hw.w~n wrw herel~v sssloned bY the Morlga9o? to Ihe Mwlga~ee, wlwr Nl0?d@duCilnQ ~Wetds, d~fpaQe~„ Ciaims, ~iyiii6 a~.~wu ii~v ~ ..e......-. - ~rlei eiiwii ir ~ii vw ^~O^•^~`~~ ~±±ev rn~ewae env monles ao tecBWed by It wtihoul altect~q tna iisn oi inia moriQe~iv vi u~ij siq+: ' ia v ~'•----~,vii:vnc:....::~.~~~:a~:•:_j='==-•'_. - tame in such m~nrtar ~s Ihe Mortqa$ee shall determine. io Ihe reductlon ot Iha eume secured i~ereby, ano io iny Niv~a~i?~~a~~t:,~~:~;~ ~o: o:~ i:. ~^s b~f~ncs ol ~uch mo~les ths~ remainlnq shell be patd to Ihe Morlgsyor. 7he Mohqagor aqrees to exscute such lu~ihsr eaeipnmenia ot ~ny comp~naations. aac~rds. dam~yss. clalm~, rlyhls ol acllon sod p~oceeds es the Mortpsqee msy ~equira ' 2b. In Ihs event IAIs morlpaye Is ~unlo~ and Infe?tor fo any othe? mortpa~e snd/o~ Iten on the above-deacribed reel p?operly. a~d thls moripape ia plven wtlhiuftk~owledpeofsucheuperlormortpaQsand/orllan,that8sldauperlainorlQaysand/orllenwtllbepaid~y MohqaporMaocordancawllhthst~~ms~nd condlllonsihsteoiwilhoulrenardtoanyy~eceperlodaaconlalnedlherelnandiailuretomakesaidpaymenlw~llconstltuteanautomoticdeirultlnthlamort• ' ~aqeSndihewholeoissldprlncipsisumsecuredherebyshaltlmmedlaleybecomedueandpayab1es11haopilonollheMott~apee.Addttbnally,ihedal~ult !n the pertam~ncs ol ~ny ot Ihe le~ms, provlslona. cove~ents, or aqreemente contalned In any eupertor morlgega and/or Keo, or fhe commencemenl ot any actlon to (orsclo3e any said auperior mortpage and/or Ilen, sha11 conatttute an automattc defautNn fhls mortQage and !hs whole of aald principal sum aecured hereby ~haN lmmedlalaly become due and payable al Ihe option ot lhe Morlgaqee. ' 28. Th{s morf9aye aheli be conatrued as s aecarity agreemen! under ihe Florida Uniform Commertial Code. ~ 27. Other provisbns: , ~ i i , i '87 HAR 27 A10 ~13 ~ 8149'76 , _ ~ ~ Fi~E~ ~ . DOUGIn.~ i . ._~Rr; p~ ~ ! ST. IUCIF ~.:::'tt i F L_ ~ ~ IN WITNESS WNEREOF, the Mortgagor has executed lhese presenis under seal ihe day a~d year iirsl above wrilten. r ~ ~ 4 ~ ~ ; (Seaq . ~ ichar J. Pozniak t - eorrower ! ~~t ~l ` (Seaq Barbara Pozniak Borrower ~ # INDiVIDUAL ACKNOWLED(iEMENT ~ ' STATE OF ~ORIDA ~ :ss • couNnr oF ST. LiICIE ; The lorepoing Instrument was acknowledged belore me Ihis 18th dey o~ March ~ t9 ~7~ by RICHARD J. POZNIAK and BARBARA POZNIAK, h~.s±t~ife ' ~ - j My Commiaalon expires: ~g~~y PUBLIC STATE OF fLORIDA ! : NY ~QMNISS_T0~ EXP. Jt1lY 28~1987 NOTARYPUBl.IC • s . 60~~E3 T~~tt C:~'ifF.r ! ItiSti Ui~~. f~°' - ' ~ ~ . CORPOHATE ACKNOWLEDQEMENT " - STATE OF t ~ ' , : ss ~ COUMTY OF ~ The Iqregoing I~slrumenl was acknowtedged belore me Ihia _ day of . I 19- - by _ and ~ respeclhrety Presldenl and Secrelary o( i , a corporatlon. on behali ol satd corpo~aUon. My Commissbn explres: , ' NOTARY PUBUC 1 3 ' ~ _ - - ;,,cr; 7~R',1~-s7'q--- > - ~ - ,..~.......j. _..y,~r^~-o~~..__...,...~.__.. ~ t-- . . . . ' . . ~ . . ~ ,,..7'~ 1~`