HomeMy WebLinkAbout0923 ' ~ L . ' .
20. TMt MorlQsQor wiN nol Mrmll aoy o1hK qsn~ lo b~ fitedapa{net th~ s~ld premt~~s ~nd N any such Ilens u~ filad wMthK peramou~l o~ wbor
dlnat~ to thls mort4aQ~ MortQa9or wNl haw o~ cau~ to bs M?d ~~td Iisos d~~d Imrt±~dl~tely.
Z t. MortW?ys~ aNaM h~ve theri~hl to charpa~ MoriQapor; ~~oount with Mo~t~~ lor tM Int~r~st ~nd prMdpa! pay*bi~ ~ qrovldsd i~ lh~ promNwry
note ~s sucA beooma dus In ~ooord~?nc~ iMtewiiR
If tM Motip~e rsquqt Mortpspcx hereDy cav~na~t~ ~nd~pceea tlMt N~CKp4 0~ wtll tumah ths MatpaQa~ sn~wly from !M dal~ o! th~ ~
~mortqa~Irt~frum~M,vnlssfsom~ot~d~l~b~pnsdto~twNnth~P~~1i~sMwrMkp,MO~t~i~udN~dtM~nclaittatMn~ntatthsMottQ~po~ andsnnu
oompls ~ oP~?~~w at~t~msntt a1 Mott~Qor. if tM Mo+ty~~pa'~ taptl ot cl~M?nd~r IiNr ~MN nol oOMotd~ wlth IM dats Mt~U I~oM~ed th~n tM dat~ wh~ F~
Ih~ Mort~pN s~+ai+~.atysn~n [»con~rou~np. Matq~or~n4~.u~y ~1arp~rswahwa~an.rf~na~.~ a~t.m.na.~ Mo~t~.. mrrtromiuM~ocim.
r~qwsl. . .
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23. If is wreed flMt nWhinp herein cor?t~Msd ~ an truaaction hb~t~d thanto ~haH b~ cansirua! vr ao Op~rwt~ a to ~pu (n ths Mp~~ to ~
Inter~l +~I ~ rsM qn~tK than !t b ~ow lawful M such casi to oattniol ia~ o~ to make ~ny pMym~ni qr io doany ~ct contrary to lsw lAst any c~awes~or
provl~ions haroin oonWned operata a w+ould p?orpK.~ivNy op~rst~ to Nw~Ndtts this w sa~d Noi~ M wtwt~ or {n ~ t~ auch ctaus~s ~nd
ao,?aans «?y •nau a h~b for ~aphR a thou~ notl~sreln oontstnid, and th~ t~naY~~
c~
t~ott~p~ ~h~q ~~moln opor~t~ 1~?d in iup (c~ ~nd ~Pf~ql.
- 24: H ut a any p~h ol ih~ mo~lQp~d ptopKty ahaN be d~ma~d pr t~lfirouqh ~ondsmnation (whkfi t~rm when usld Ir? tMs enOrtp~Q! N+s~ i~r
dude any d~rt~a~e or t~kinpby aay {~owmmentsl ~tufh~rity, a~d u+y ~r~nsf~r by t~ eats in liw thsr~oQ, Ntha tA+nporaNy a~rinsn*My, th~ ~ntin kr
debt~dntaa ~acursd hw~by at?a~, ~l M~ op110~ ol tM ktort e, baCem~ In i~tey dW ~nd py?a~ Th~ Moti~pM ~q b~ ~nlnMd t0 ~N Opmp~neatlo~ ~
swa?d~ ~nd othu pnrm~nts or rofMf Msrstor ~?nd b hK~y
w11?oris~d ~t ib oMbA io aom~r+cr. MDM~ M~d P~oNOUt~, !n iN a~ or t!M OrloetQaooe'a
rnims. +mY actlon or orowsd~n~ rel~ttrq !o any oondsmitatlan,, ~r~d !o aNtN o? oanpron~lae ~nY d~1n+ !n oontaction t1+K~wlt1~. MI weh oomPsn~ttbn,
awrMt, eNm es~ clalm~,r1~hls ot actbn ~nd u~d 1M righl iA~to. an h~~by ~plpMd by th~ Mailflpa to tM Mo~taaOM, whor dtK d~Cth~p
thsrMrom ~M
t~s sxp~ras~, fncludl~0 ari s t~so, m~Y nie~aa ury nro~l~a so rse,sh?sd E4?!! wtthaat -
ecHnQ the N~tt of thls or may aAV~Y tA~ -
sam~ 1~ wch mar?nsr a~ tM Mortspse s1?~M detsrmine. b ths roductton oi tha swns a~cund h~nby~ a~dlos~N p~ t charQi~M~PravW~d, ~nd snY
_ balance oi sucA mcnl~s then
romaMMg •hall be psld to tM Mat~a0or Th~ Mortp~por sprs~s to ~xwut~ such
hxt~ ~q~rt~fM~ ol u+y ooenplnt~No~?~ ,
1~?arda, drmp~ dakr~~ rqhts of acijal a~d P~ocseds as ibe MaEpspe~ may ~puk~.
2a. In the wenl tMs mori~~e h Junbr and iMsrlot to an~r olMf mat~ and/ov ~ orf ths ibovtd+afc~ibed r~ai pcopsrty. arid thb ~Ortg~ h phret~
wfthtuUk~owlpdpsola~4upeNotmortg~a~x!/o+~thatsudwpirlormat~N sncYotlNnw~iMW~dpy AAott inaoCOrd~nwwkhlMtsnnaand
; oondMbns t without ~s~rd to amr 9r~oe period a ca+t~lnecilhKSM a~d tatiuh ta m~k~ utd p~ym~rr~t wW aa~ e~it+aR wtan~t~ dMl~uutf M this mart-
p~s andths~okdss~dp~i~~ ~umeeauredhsrebyshaNtmmsd4taybsoomsdua~cld ~tth~op~Io++oitM dM
Dn?~N MalQps~.l4dditb~lb~ tM dNaWt
h~ t!N Psrf amance of anY ol ths t~rm~, Pra?i~loes~ cownetnt~„ a phsmoMs oontak~od in any W~iorenori~s~s ~~d/or Ne~, ot ttw t~om t ot or~y
•diontotaedas~~nys~idwpe+iormort~pe~ncVorlkn,ahaHcor~alNutaen~uton?atbdelauNlnthitmort~g~andiMwhoNM~aW , wmNcured ~
hereby ahall Immediatdy becoms due arM p~yable at the oPtbn of tM Mo~s~. ,
2~ ~hb mortp~Q~ shdl be corntrued ss e secu?riy ~preemeM under ihe Florida Uniform Commsrcial Cods.
27. Othe~ provlabns: • .
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!N WlTNESS WHEREOF, tM Mo?tsasor has executed thsse p~+~ssnis unds~ stal the dar and year ti~at abow written. -
witnesses as to a stgnatures ' - ~ : '
. ;f
~ ' • . ~
Betty N aore _
,
~„i • l.~
ar L.
. •
Jo e Yates, Jr.
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" E. Cla Yat ~
avi" es
INDIVIDUAL ACRNOWLEDGEElENT
STATE OF FLORID~___ -
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COUNTY OF ST:. ~~,g, .
;~iTlt~tn?
. The .f~f' t'~ g.~ i;ustrument wae acknowledged before me this day of L~~ ' ~
1987, by.:= ~ L RI A
YATES. ~ v .DA . D~ • ~ .~"A~E : ~ •
:,.s. ,~dA .
• , ~
t ~ ~C~r~,~xj
My ~o~{~~ ~ ~ : -
; . NOTARY PUBLIC -
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il~? c...itiii~i ~.~,7, ~
. lMi~ t~vr Q,
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6dOK ~RJ1J PACE .
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