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HomeMy WebLinkAbout0985 r;a~ebl~ atlomey'scte~s, vMth aid ~blde b a~th and ~Vactt EI ot ude. IncwY~ p~iid`a ~ t41' ~~9W~due at ~a+xa »w~e ona ~ a u~~9e~« ~ a~a~ ~r w p.r+am. ~r ~ wr•~. y~, a~w ~ I S~,:ubtwA ~pr~emtM. caw~tlo~ arW cov4p~M o1 the Note ~nd tAk Mo~tp~qs. Such cost~. clwpes end ~»nsai iAM Ge immect4t dw ~ tnere be ootk0, d~mar+d aqempt to cWNct a wM pendrq.°f rne tu1 ~nio~rM, W. aeh ~1 mra~r wc1? PeYmaM ~t Ew Inta~st kom 1he date tl~wt unu _paW ~t tM :~erauM Rstt. IiueY~aha deMW: M wch costs. cherpN uw axp~ses Mo incuned ot Pdd toqstf~ vMM wch Ir~nf. s1MM q~ ~eareQ by" tl+e I~sn ot tnls Matpspe a~d ~uiy wM~ M?EUumeM Na+rk~p uN Hote. - , _ . . ~ 8:~ ARet AGquked ~~fbperty. The Man ot th1~ Mo~tpspe nA1 wwrtaac~r ~tt+~cf~ w1u~oM fuv~4r .tL ~~il ~tt« acqutred D~opc~tY ot wMtev« khd~ ~ ~ocetM 1n a ai, w~tt~chM to. o? usW or hte~ded t0 De used i? corr~ectw~i wNh. o~ li4'the cw?atla? ot q+e Moreqp~d Propertr. ~ x , 9. Adc~tional~ Qoc,ume~ts. A! ~M time~ Ws MottpstN k h Nlect. uP~ ~~Qa~1 fe4u~s1; MoAqOQor Ohe~ ^1tk0. exicute ~d Oelver q, C~ust to be _ madl. utOCUtCd ~ dl~Od tC 1YIOAQ~~O ~1d~ WfNfO ~ptOpfllte~ ifyl CON6Q to b~ tOCC(dOd Of •MOd OfW 1110~CahM 10 ~1~"?b'~OC9~dOd Of f41rOd ~l i11C11~UIff~O ~IW If1 61lCh 1 nwces ss shdl be deemed desksbb b Mart qee ar~r and NI sucl~ Nrlha mat s, k~swmaNS ol Ariha ~as~rwica ceNACat and Whor d4cumeMs may col?skk( ntCesssry or dei~?sbb In older !o effeCttN~t~. Sornpkt0. P~aCL o? to GontirMJe eidp~ NOlB.And tlis " L r . 9~ : . • ~ .,;y aw.e eY Qo~«~ b~d'ar;~o~«aiqs~9 ~''m~ a~cecut wms~is ~eWrlnp ths Note. ~nd the Iae ol Ws Mortp~pe. Upqe Mat e. recad. Ne. ' ~ton eu~d sl olMt 4?s ,r-recad a r~f1e pny ~urJ }II wcA moA pea knWma+is. CerlMkata ~r~d documq~ls fa ana kti 1M reme ~1 Matp~9a• ~9s9~ ~~?Y ~~~Y ~PP~~s M~WSI~ • t ` • ::siel anl~ ltfM I~1fR Rr ? M~ ~ycrK w~u altwrwiy~t-~SCi i~! !.S`vCty3`y'3i t "~3 3ZS.~ t6GtE.....~ el:.... ~~lL $..~.e t~...~...8 S~:!~s'L~S`~'3.3s . ` . , , . , . . _ . `~O.,Events of`DMeuU. ' ~riy a+k o~ a~e ~owwrq fner oonsaaAe .n evaa a aerouK: (a) H Mortqsqa 1aN to W~r.~nY ~mouM urw~r tl?e Nde ~ndlbf tNS Matqa~e wha? M b Oua . N) N MortWOct ha0:h~ad~ ~ uMrue. n+K1e~d1n0 ~ir`in~amplete statemaM 1n the «edlt ~Pi~~Ua~ the Note a ari~r htarmaUOn aovided In comectbn wltF-ihe Note a+dloi~Wt Mortq!qe.oi MhM hsVUma?ts secudn0 tM Nota _ (c) 11 Morlq~0or k ki dei~ult an an~r oMM rwt6, secu~r Wret+ne~l matp~ps a Wher oblq~don tb Mortpsyee. (o)'p Mortpayor dka or oecomes Ywdved In a~?'Y~aolva~y. Incompete~cY d? baNuuptoY v~oce«Nrq. ~ . (e) if tAe uedM ~rt?R dt'the kote Is exceeded. . . . " (Q K~e~ny~M~dqemeM~, ~ ch~a pex u~ n~k ~ed~« lsswa ~i M~at9~q6~ ~Monq~sqo~'~Pr tov«b. ~~secwirq tt~e~ ote. ~ (n) M Matq~qor f~Is to ezraAe ~nd deWer'~ MoRq~Qee ,~nY 0~9~ m+Y sorrt?y epulr Dkf a eci eny senxRy - ~ntwests & matOsOes Mat~sqo~ m~y.yra+t Matqaqee tif sea+rre p~mant o1 U~ii Nota , . ~ fi iC~tnae a~'i debu~t aecwed ti` aie ta~m~ a eny a?o~eaioe se«,rea e~+ n;e Mon9sqea rropetiy~ sec~ v?e ~+lae: - (A N~the Matq~9ed Ropxty seaxY+q the, Note Is aold a br~nsferted. ' ~ (k)'H thero k'a~mstai~! Wvetse ctwqe ki Matqsqor's IMancW conddon wWth Impake Ma1~s9o?~a sDity to rcp~y the oulst~ndrg bWntb owed under the ' Nota - - z~ ~~Y . . ; 1 11.~-ACOeleratioll. M ai~.avenl of deku~lt sMM have~ocaned. Mort~yee'mey decMre tne outs~ar?anq P~~Psi amoint ol ths Note. aM!`tl~'lnteiest acuued ' cnereon, and d ot~er sinnb'secured tiereby, to be due and~PaYable immediatey.' UV~ svch dedsr~tion sucFi P~Pd end ~ntere3t ein~ oUKr"sums atisr tmmedstey be ! due ~nd PeYeWE vrNlwtA demand - . . - , ~ `~2. Remeaes after"~eraun. uo«? ~ edy to: (a) erdcfce psYmant ~'tlie'Note ~ ttw? pqfo?W defeult. MartW9ee may Wocee~ by wll o`r wits at kw or i~equlty Or by +hY ~+~PP~~t~ P~a~~9 • i o~ rem - mana o1 ~tam he~aol ~'6njr bfhx riphR: (b) fotedos! Ws Morlqaqe and to se~.`is al't'aMir~ty 6f IA seps- rau bts or Pe?ee~s,:the hNirtqeped Ftopaty uWer the lud0emait ot ~deuee,W e caxt or.carts_ 8f to if~peta~ ~ctio~:~~`Cc)~tWeci N te~ta: rssubs. P~o9ts: reve~es. mcome and othu benelks kodm,t~ie MoAqsped P?operty; (d3sppoir~`~ rtcelvei to ente~ wun arii~'tak!'possessloi~ ISI Me Mqtqs~e'~' ~rApe~ty and to cotett M raAt. 1awe;. vroffts. revawe. l~come. and otha.be~e0ts thereot and, apQ~y the same as a cout m~y .drec"i ~~nd wcii ieceMu sfW Mvb,s~ rqhts ~nd`~bwe~s`pcrmhted under aw; and . ..c} w+?sue anY o~i~ rcined`y; avei~bk_ to i tnck,Qrq, bui rat C~sd to t~t~ir?p pb~sessia~ ~1 Via h/ort9+~ed Rope~ji wptwut notlci ~r hartrq to t`lortysQw.' Mortpsqee ' snax tske actbR e~tha 0y s~ P~xeedirqs a ti~r°ihe txerds8 of Ms-powe` w1tl~ ~esi~ ~o ~Y ~~~1 P~essb!~ 3i~botl4 as MoAqsqe~"rt~y deEerm~ne. 13~ an a . , ~ N~` WW~. No owy ~ o+~asfa~ w µono.4ee a w.~?y noiaa oi a~e `aoe• to ex«ase !r~y ~v~tr or r~meor ~cauM+4 ~w«? +~y .~x a aa~n snea exhaust 1n+W6r +nY sud~. riq1M. Po~ 07 tcmedy w shtl p~ construed tb wNve ~ny event b) deWu~lt bi (o' constlhds ~o0~se++ce uiaeh "i'4.~.Non-Exdushe Rem~d~es. Ha ~nR, aawe~. oi,remedy tatared upon a ieserv~ to Matqyee 6ji;ths Note. Wc Mortq~pe tx ~ny ott?er irqtrument ~ securt?y the Note 1s'exduslve ol aey'Wher'Nqht.~Do~+ a ~ef~edy. ~uCeeth and eval? !W?ch'N~M.°Do!~? ~rid rsmedji aMf M u?mwsthro ~nd concuiraM ~nd sMt be In aa~t~on to ~ny ovia rtqM. Po~ ind remedy pNee hereunde+- of uida tAe Note a e+Y otl~ Y~sU~imant bewln0 tlaf`Nbtl:' now bbl`` tie?eefte~" adstirq sl fsw. N e~ully oy sututa ' , . a15:' SUOCes501'8 11t1~ `ASS{~s BOUOd. NAxne~ra o~e 8~'Mie'pertlee~ Aereto Is nsmed o~:'referred' to herNr4 Ine has: wctesson arw asstqn~ ol wch : anrty sewli be inct~rded ar~e! d covaw~fs ~ ~yreements eonteY+ed (n Vis Mortqsqe.;EY tir~o'ii'bdaM d.INortW~~f ~ Mo~t9s0ee. st?af bY~d and Ywi! tb 1Ai b«~Nts of , tneir respetthk heks. wetessoh and afslprd~, v~R~1fMr Oi nOt f0 exptessed. - 16: MisCeien~ous.. tn ~he' wslit"urt arip of ~ene , tovKnMa a0~esmenti; tams or.'~ Secvkq th! Not'e sAay bi Y~f0. ypv a? u+eM4rte~bN ln ~ty teipocf.'tAb vN4tr a1 1M rlm~Y~Mq torMaMKO i~iFa+i`Nota`ws~Mortq.9e or a~y°evkr rns~umaM ~ - covaynes, :qeements: t«~ns o( ptovlstons ~«iternd lierer~ end ln tne Note and ~M otl~er:inatrumeM secvY+q fhe Note shd M in n8 vwp a!(ected. Pre~udced a QsprOed~thaebY. ~ , _ a,r. _ -i 7~ Altomeyl'~~ Fees. Tl~e e«m tin«oeyi "tses` a~ usea 1n `uis Wlorcqege hdudes +or aod ar kQN ra. at wnsteve~ neb,?e ir+dud'r~q.. a;C nof im~ted eo. fees testltY~ IrOR! an~ ±~o~ a.c~y rw«aweory «aer a~ e~.i ~woe~nese a a~? ana .poe~.~. aoceca,q o~ ~i ar~ Mnqsno~. , 18.*FUtufre'~dVances. rMs Mortqsqt t's y~veii to seure'not `«ry e~dsdnp kidebtedriesl. but ds6 su `U+d~`a aevences. wheeher wcn ~oNnces ara oerq~ « ve to' ce ~aae ~a me ov~on a ~aon~, or, o~r~.a as vb maoe w+w~i ~r'y.s?s *on?: a~e qdte n«sa. t~' ~r; sart?e exse~t ~s, r sucF?` a,ari ea~ces . Wcre n~sae:oi~ii'it~ arte ~f «~cutron a ws Matqsqe. the eow an,aa;R ot Ndebteansss n~at m.~r ee s~ ,4earea awy detiease o`r' Y,ue.se'toin wn"i~` t'$'Nrt~E. b~t n+e . totnl unpe{d bwnte s'i'~`secued~6t oAe tYne sM1 nbi eitceed tlee hGb'~mouM ol ths Note..Dlua; Ytae~ tl~xecn. uid et~r ~sdvseme~t's~med`e~for U~!'psymtnt of ~ues. levles tit tnsi~ranc! cA 1hs Mat{~ped ROpeRy~ rMlf~' hEateit an Wu? dabuidemantt d ttk' OtfaWt`R~tf.' ai MraRer deN~ed. ~ 19,~~atlon O~IiABit~aQbG ` Matqsqbc st~et v~Y n+'e todt ot rdeaslrq « ~snsMrq ws' Mortqsqe 8f recad. : ~ _.,mDet intaest Mfinll8f. _ Ma ~understood ~eqrsed`b~~Mo~Wsqd~" 1Aat a`~Mwtqe~ ~~nd pretsesdtt c~~ t?~arKta, lase b? NencumW ~ ~ ga~ee hss tonslderld ard refe4 o~i ihe ciedt vwrtlrness a~d rdab~ty d MoAqsq3?. ~ ar?Y O~rt Mortqs4ed oPe~tY Prfa 9a0t~. , anY _ onvtY. ante . ~ maae ~ µO'tosg°~'~ ~~~yev«+t w der~It eurd M. ~~sw~++~ '~a«~ie o tl~ib~Mo~rtqeq~e ot u,e AAort9sqed Rroperty pirewrN to ine`e~cear ` c,on a aiorcement ot w fne ~1 he?eof, suci~ evuM sM1 6e desmed to ce s transtecb?! Matqs9o? . . . ~11: b8~auk Rite. 4 7t~e Oela1~°Rate ~het ba ~e Nphesi ate. permitted bjr app~cabk Isw. . 22.~Charqes tb~Moatgaqe. A~f ctwqes, akeaoons. dektfons «.adRlons to.a~e subswrcE bt`+?ny cveqreph t~ a~i'AAonysqe whfcn n.ve beeo a9reea ~ cc odweM MoAqlpbl,.uid Mort~qee ~rvt beeh fr~itlYed b~ Mortqe9a as adcFtiorW prool ~M Mott9epOr't'to~uefiL I 2~.'~SA Ot'BOffOW~f1~5. Mat9spo?%ptesents ard vwnrMS'1hAt nd~l:~I lf~`Ainds rW~v'e~'~hetoattaf'bottowed uder 1fi1~ MutQ~qe +uid~the #9?ee- . T,ents wtieh il seturls v~ bt used to ~nte cf relirwrKl~Uie ~equfsbo~ a( sny i t3"~ hmry.dwe~rq (MCA~dn~ ~ tcndOmWuM Wt."~ooP«~Uve I~ouSinp txilt. Of s- ~.xae nomb)~ moreysqte Iiaax~Q« br • unaer +iiir otha syreeeneM +~th MofWa9ee: ~ M«epeyor IndemnNles .rid noa! Mon~eoe+E nermeas aan .ny'.nd bM ~oai: ~abyty. ' - cos~ u expu~s~ arfsYq tom any ~it~aih iSl Ua toreqoYp fcpessdatbn and wrtarNy.- ''~4.~AifdAbnal~Parapre~ihs. tn`a+s evait Mon9spoir ane`i~+ono~ ~?e. ~o"*.n,a tova,ines tn ws Mcrtg.9e raquM+rip an ie~norrl v.ay?+ph w vsr+- ~ . ,•ao?~. s~;~+~'vef+~!v!~ ~ a~+o~ e~ .n.u,e~'ea ws Mon9.4e „~ee:~a~s nesa~ 'a ~aaer~ ar~a ~sner be w?e ~ 9a9e x~ a,i ~ u;r n«~a?. IN WItPjES§'~WF~~`~~0~, Ws Instrumeat hss bee~ aecuted tsn tne dsti 1it" vKMten. s;y,ea.'seakd snd'deweree tn tne presencs ot: ' , . . , ~ ~~7~~cc/ v 1 . . (MOrt ,n`~ _ . { - 1~ W1-x 0 e~ ~ ~.Y ~ ~ . - _ . , _ . , • ~ . . . : ~ ~ , , ~ . ; ~~~Pat`r a J.~Folken . ~ ~3 , ' .8~~*~"~5 ~ - . ' ' 3 . ' . ~ i . , . e ' . . T ~~g pp~ 2`~ „`q~ cM«+c.~o.~ . . STAI'~ `l5F °~f ~ORI'bA - ~ I L. E ` couM"Y~`OF `Nl~t~rt as. ° ~~UGL t1 S. t! ~ r, I s r: ~ u c ~ c ~:r - i `rne ~«sqoaq nsvwnent w~.s acknov~eoqee eetae me ws 22 a.y o+ "AI~'11 ~ .,,198$ , . , , . . , . . ! ~ ~ . . . ..~i~ p.j . ~J:'. ~ . ~ . y+- . . . by~ T~J f + ~h~p~c. 5ts ~ ROrldr M 161q~ ' . , . , : ~ ~ . ~ ',~~f14ie ~k. 'S~tu~ders • • ~ ' _ . : ooew~taM wepa?eo ar : 4~? j. ~ e . _ Notary'PubhC. Stete"b~`Florid~'At,,large : ~ . Fii'~`n18t~1611~1;88nfC 8fl'!l '~~J~`~"~."~~8fiy - M c~?~~ ,~~~Cainmiss~on txpires`Feb. 19.1994 ~ of -'~h~ Yre~su.re~ Coast . . ~ E'~""~ P:B~bpx`$~51~'Stuart;~~lo~ld~ 3~d~95-9i~i'2 ~ 2~~ 2 . ~~r -nils v~so?.W+ nN?at ee~ eohrpl~ted o?Wr eo «ewtlrq ars Mortqsqs. • _ _ _ ~ ' - ,:.,a,rT~M7w»--eu"yss.~.~,>1u~~11r1~~v. , . . AfYYMQS'XM _ . . . . a-•.-•. .rv.i~~~~ r.~rv•i . . . ~ . . . . . . . . i . . . . , . . . . . ~ . . ~ ~ ~ ~ . i~ ~ . ~ , ~ . , ~ . . . r . . ; Y . ~rnr,E _ _ _ _ ~ _ ,~~-~-~w.._