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If. TAat IE t6i~ mort~a~e i~ io ooaaeetioo witM muldpls ooatruedon loaa finaaeio~ t6t Moct`asee a~cea it will nleau froas t?t
lien of tbu mon~a~e ~oy ooe os enore of tLe lob dpcribed 6ueiu upon p+~ymeat py tbe MonQ~~or of we~ aum or ~um~ w6icL m~ ba~s
been advaaced by Mort~a~ee oa iuch lot or loa; providcd, 6ovie~e~, tbat tAe MortgaQor 6as fullp complied wit6 t6e tcnas aad eon-
d;tiwa oE the Conunx~ioo Iaao A~rcement betwceo ~he Mon~a~o~ and tAe Mort an eueuccd oop~ of wWer ii ia t6e posses~ion ot tb~
Mort~ce and is iaco~po~ated 6erun br ~cfenaee and m~d~ s part bereot; aoy ~e au t by Mon~sjor uodu said atceema?t ~6a11 be oos-
~idered an e~eat of dcfault under tLL woctp~e.
20. T6at cbe Mort~s~or will on t6e requae of t6e Mort~~ce fucnIs6 a wriaen uatement ot tbe unouat owln~ on tLe obUSsdon w6ics
chi~ aart~sse aeura snd tbereia sute ~rhaher or not Moct~a~or ciaims any defe~ses o~ offseb eheceto.
Zt. That Mortsagor will not peranit any ot6er Ueea to be Sled ~ai~t the sdd premi~a aad if aa~ wcL Uew ue filed, w6aLsr
paramsuut or ~ubordinate to t6it mo~s~e, Mort~a~or will ht~e or uwe to be bsd ~aid Uem diicharQcd immediuely
22. Mo~t~a shall ha~e the rig6t oo e6~ Mort~a~o c's account with Moit~a~ee for the interat tud priocipal payable a~ pro-
h ~e
~•ided in the pe~ow~ r~ note a~ne6 beeoma due io aooordaoce therewitL. f
23. If t6e Mortgagce requats~ Mort~ago~ 6erebr oo~enanb and sgrea that MortQagor will furai~6 t6e Mortgagee anaually fras t
the date of this mo~tgsge ioatrumm~ unlas some otbe~ date is a~ad to betwaa the partia ia writin~ a«rtified audited finaneial stato-
ment of t6e Mortga~o~ and aanual oomplete operstiaQ ttatantab of Mort~agor. If t~e Mortgagor~ ~~cal or calendar rea~ shall aot coiacide
wics t6e date 6erein ~peeificd, thea t6e date whicb the Mort~a shall ~pecify s6a11 be eoatrollinQ. MoctQagor s6a11 supply Mort~a~ce with
auc6 other financial statanenb as Moct~a`ee ma~ from time to time requat.
24. Ot6e~ proviaioa~:
This mortgage is subject to the terms, provisions and conditions
of that certain Construction Loan Agreement, dated May 21, 1964, entered
into between the mortgagor and the mortgagse herein and said Construction
Loan Agrsement is by referencs incorporated herein and made a part hereof.
Said Construction Loan Agreement is available for inspection by a11 parties
in interest at the office of the Mortgagee herein.
1N W11'NESS WHERBOF. the Mortga~oc 6aa ezccuted these praents under seal the day and yqrtf(p~a~w
~Ql~ .
" .
S' ed delirered ' raence of: ~~~L,, ~
~ 1 L ~ , ~C/ • ° - ^ RATS SBAL)
~/x • ~ ~
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I f/~ ~ ~ ~ 1 . ~
C~'~ <<_ r l ~~l y ~ t. L . ~ B~ . . .
n e' ~~,i.cer
~ ~td~ ~ • . -
; , ~J i
FILED ~t.D r~~CORDED • ~ ~
. ~ " O~~ ~60(~-~ 0 ~
~
- ~ ~ _ '~o t`'i? 28 P~1 2 : 21
- ~ = ~`3•~t~.~.,
ti~ ts~)
; ~ . ~ ~ FiG::=~ _,a.. ~ Ef~K
; ~ ~T. ~~C:~ C0~~1TY,
~ ~ - _ FLO~ID~ (s~.)
~
~
~ STATB OF ~'~R~ ) -
~ COUMR OF 1lATlF: ) ~
~ I HE~RB,BY CERTIFY ~6ac ao c6ts dsr penondly appared before me. an of8ur duly .m6orised ~o admini~eer oaL. and nks
~ :ct„owtedgemenb~ W. C. Bevan, Jr. ~ Qv~.s~e~.Nr
~ ~z Mort~a~e Officer of General Development
Corporation s Delaware ~ b me wdl imown b be tbe penoo~ daerjbed in and w6o e~eeoted tbf
foregoing mortgage and tbe~ dnl~ acknowledged before me t~at aetin~ ander dne oorporate a~tborit~ t6ey czecuted tbe same a~ im-
pres~ed tLe oorpotau ~tal for tLe purpoKS t6erein ezptertd ~s tbe ~tt and deed of aid eorporation.
IN WITNESS WHERBOF. I ha~e heraw~u set m~ band ~ad aff'i:ed m~ offidal scal u ~a~
~ .a;d Count~ and &ate~ c6is ~i~L. da~ of March ~ 19~. _ . -
~ ~r - f :1 -
~ NOTARY PUBUC. S~ATE ot FIORIDA at [ARGE . ( ~_,,,z:; ~ J~:~,,~ x-=, _
- . ~t •
~ Mf COMIAISSioN EXPIRES MAY 9. 1969 Nauy Public : _ ~ ~
Mr ~~Z~~pNO[D 7NROUOM fRED w. DIElTELNORfT ~ ' _ - r
~ ' . ~ _ ~
~ STATE OF ) ~ ~ s'
COUNTY OF j ~
~
~ I HEREBY CERTIFY~ thu ou this da3 P~i~b sPP~ before me. an offiur dul~ aut6ociud to admini~ter oatL~ aad ta~e ac-
knowkd~mean. and M ~t
~ tmown oo be tbe perwn darn'bed in and w6o ~ecuted tbe fore~oing imtrument and actnowledged bcfore me tLu
uceuted t6s ~ame.
~ IN WITNESS WHBRBOF~ I 6a~e 6ereunto ~et my 6aud aod affiud mr offieial tcat at
~ ~aid Coon and Sta t6is da~ of 19
~1 '
~
~
~ Notar~ Public
~ IrSy CommtNiao uqre.
~ j
~ BooK141 441
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