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HomeMy WebLinkAbout0941 . . • , ~ • . • ~ - • ' ~ , 20. That Mo~t9syor wIN not pstmit sny ofhsr Uens to b~ Filsda~sintt N1e said prsmiRea and ~ tny ~uch Ilana an illed~ whstMr persm0unt a subw dinat~ to thfa mort~~ Morfppor wN! hwa a c~u~s fo be had uld Ilees dNd+~rp~d Immedl~tsy. . 2 L Mortp~y~ sfia~ h~w the t to C1urQe MatgsQara acoouni with Mwtgapee for ths Intere~t and princip~l payable aa provided In ths proml~wry ?~s a wch bsoomes dw M ce thenwfth. ~ 22. !t tM Mort~aqse rsquest~. Mort~aqo~ henby oovenante sndp, ~eeg thst Mo~t~aqa w!N turnlah tha MoR~agee ~nnwly from the date of the mort~a~e in~tn?msnt~unNs~~omeoth~rdat~W~~t~~dtobsMrsenth~p~rtiea(nwritlnp,~certiNsdaudltadNnsnctalsMtsmensoftl~eMort~p a~ndanm,~! ,~on~plet~ oMn~tinp ~qtsm~nts of Mort~yor H the Moriga~o?'a flscal or dWnd~?r y~u ~haU not colnciQe wllh ths date herN~~p~N isd. th~n th~ dats whlch tM Mortql~ sha11 tp~ciy ihall bs conlrolH~q. Mart4aqor shall aupphr Mortga~ WitA suCh otheN[na~clal st~temsnts ~s Mo~ 'q~qee mayfrom tline to ttms ; rpWSt ~ . ' Mter~t ~t i nt~e pro~tet tt~snhlt Is r~iowNl~ul M suoh cn e p co~tttict fa ot~to m~ ~~~1pa4yrMnt ot 0 d~o, a~n y°~.c~'~cot°n a~ry i°o""~a~ init n a`~ny`da~tuts aa . provNbns h~roln oontalrted op~r~te or wouW prospedNrely ops~ate to InvaMdsts this Mprtqipe ar ~aW Nott M rahok or i~ p~ut, then such dau~es provitlons,onfy sht{I b~ hNdtor ru~uQh~ aa t!!ou~h not herNn oontNnsQ and the rsmalndsto#tha MortQa~ sha11 remain opeative an0lnfuNtacs end efteat 24. If all or a~y paA of th~ mortpa~e+! propeny ahatl be d~m~~vd or taken thraph oondsmnatian (whkh tarm when used In tbls moRqape shaU IM dude erTy d~maQa or taklnp by any QowrnmeMal autharity. ~nd a~y tranNsr by p~iv~ts sa!~ In Iku theroof~, efth~ tempbrsrify or permar?eety, ths enti~e irr . debtsdness s~curod h~r~b~? shap, at t!?e optb~ W ths Mort b~come Imm~dlatNy due and pMy~bt~. Ths Mort~ge~ ehaH be entMled ta dloompsnseNon ~wsrds, and athK psymenta or ntle~ thsnfor•antf 1a ~er aulhorl~~d at lis optio~ to commence, apps~r in and prosecuta~ ln fts oWn o?1he Mott~apor~ na~e,~,u+r accwn ~ proooedino rea?~rw to sr~y oo~ae+nnae~ .~a to ssn~s a comarom~se am c+s~m ~n oonnecc~on cn~w~tn: Ni wcn ~or~?a.ns.non, awuds, drm~0s~ cLtms~ Aphta Of tct{on uMp~ooseds ~u+d tM riyi~t thireto ~ts hsreby aNipried by thq MatQpor to tM MQrtpspe~, wtw, attK deductt~ ths~Nrom a!I Ifs •xp~+uss. Mcludlnp ~ttomeYs 1~ ~Y rokass any manbss w recsivsd by it without aNectinp ths Nen of thb moit~ap~ or msy oppiy the qm~ in such mannet a tho Matppee shaM Q~tem~Ma, to tf~s reductlo~ of tfw wm~ secu+r~d hetsby, and to e~+Yptepsymsnt charos herelo provlded and sny batarx~ ot such monks thsn remaMinp sha!! bs paUd to th~ Mortpepor The Martpa~or syteea to sxecuts wcl~ fuAhsr aasipnmsnt~ of any compe~ations, ~warde. damapea~ calms, riqhb oE ~ctton and proceeds as the Mortaegss may ~equlrs. 26. !n the weM this mpstpaQe ia junior and Interlor to any ethsr moR~qe sr~d/or Usn on ths sbovadascrtbsd roal prop~r4y, and ihts mortp~pa is ytwn " withfuHknowlsdqe0fwchwpsrl4rmatpaQeand/orlien,thatssldwperlo~mortp~e ~nd/orlbnwlltbepaWb~rMort~a~rG~accordancewlththAtermssnd • oondltbns thMroaf without rsqaM to any pnce peri0d aa contsinsd thereln ~nd taiiursto mafu s~id paymentwtq conatltute+~n automatb d~fault In thls mqR- . ~and the whoM of ~18 prtn~lpal sum secured he~oby shall immedietsy bscamd due and payabie at fha Optlo~ ot ths Martt~apee, AdditlonallY, the detauli a ~ the perioimance of any d ths tern~s. Proriabns, covenant~, or aQresmsn~a contak?ed In any aupsrior mortga4a ~nd/or Usn. or the commencement of any aMbn to tonclose any said wperior mat~a0e end/or li~n, shait constituts an autor?utic dMautt in thls mort~aps sr?d the whcle of sald principai wm se~u~ed Aeroby shali immedtstey bsoome due and MYeWe at ihe opti4n ot the Mortflspee. 26. Thb mort~sq~ shalt be conetrued as a aecu~ity A~resment under the Florida ~lnfform Commarciat Code. 27. Othet provbions: IN WITNE83 WHEREOF, the Mortyagor has executed these preaents under seal the day end yeat tirst above wriKen ~ ' • ~ ~~1Y~1 (Sea~ - John A. Buhler, Jr. _ ~~O1N~r ~ ' C L[,~ ~ ~ ~r5t~,ti.f~..(G.1 (3eaq . Diane H. Buhler - INDIVIDUAL ACKNOWLEOGEMENT - STATE OF ~~IDA ~ . ' ; t?a . ~ couNrr oF ~ ST. LUCIE ~ . N { l , ~ : ~ _ , , ( The tweQoing instniment waa acknowfedqed betae me thls day of , - . • ~":"_'f"'r` t. t9 by JO~i A. BUHLEA. Jx. and DIANE H. $II~~ ~jjt~ , „ ; - ~ ' • ~ rore4r ~ue~ic sr~rE a Fiw.io~ - ' y~ i . ~ f.' MyCommts~bnexpkas: ar co~iss~a~ Er.P .,uir 28,1941 f~ ~..y,-~`•-~;',~•~'~~r - BO~DEO THBf! 6EffAAI i~5. uNO. ~ 1~ : y;e'~ NOTAiiY PUBI{C • ~ ~,,;~ti~rr.. _ yr. •i~ ~ 1;~. CORPORATE ACKNOWLEDG~MENT - ~rc~:~:. . sr~?~ of ~ ~ 861224 couNnr oF ~ - ~ The taepofny inatrument was acknowladgsd betore me this day o/ 'g7 ~i Q 2~32 , ,9 ~r .nd -~tf..f~`'~ : ~ ~r... . ~ - t ) r ~ a. oauc,_ . . _ ~rc reapectivsN Ptesident arrd 3e~~tar~~ll~ ' • ~ `T`• ~t_. . s corpaation. on bahsri a,aa corc~orat~on. 0 R~~ P~GE t7~ ~ 600K ~r Commission savtrss: ~ PiaTAAY PUBIIC ' 3 • - - - - - • . . + ~