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1!. That i! tW~ mortptt i~ in oome~tios wtt\ muitiPk ooo~enkrion {oaa finaoan~. eDe Mo~ata atrea it wip nla~e fraa tM
liea of tW~ mo~~a~s aqr ow or mo~e oE ebt b4 dpai~ed 6croiQ npoo py~neot by tbe Morc~yo~ o we? aum or suau w6ic6 ~r bars
besu advanced by Morc~s~ee on ~uch bt or loa; prorided. boweoer, thu tee MorteaQor 6as fu11Y oowplied wit6 t6e term~ aod oon-
didoo~ o! e6e Co~truca'oo Loan Afrtemeot betweea t6e Mort~a~e aad eLe Mon~a~ee, an eucuced coP~ of w6ich i~ It~ t6s paaa~iaa ot t6~
Mort~a~se aad 'u inoorpo~ued 6erun by retereoa ~ad made s put hereof; an~ default by Morc~a~or uadcr ~aid asreemeut ~6s11 be oos-
udered aa event oE default under thL mo~a~e.
Z0. 'T6at cbe will on the nquen of tbe Mo~e~asee furui~h a ariaeo ~tueroent of t6e amowu owios an the obllsatIon w6ie6
tW mort~ase ~eeura sod~ i~er~'an Ku. w4ecber or uoe Moresy.r clatm. aay defenKS o~ ofiaea chereeo.
21. T6u Mo~~a~o~ will oot pecmit ao~ ot6et liaa ~n be filed ~aimt t6e ~aid premiu~ aad it W a~ Uens are filed~ w6etber ~
pu~mwot or ~ueordtoats ~o tW~ mortta~ Moctp~or ..iq ha~e or uu~t to be had ~aid Ueo~ di~c6aned imraediacel~.
M t~a~ s6a11 Sa~e the ~i~6t ~o ehu ~~eoouot witL Moet~ee fot tM interat aad prtucipal pu~able a pro-
~ided is the j~romiaoq noa d we6 beooma dut ~ ~d~~ tDerewitb.
Z3. If tLe Mort~ee requaa. MonQa~or buebr ao~manb and a~rca t6at 1Vlo~agor will turoii6 t6e Mo~a~ce annuall~r fran
t6e date of tbis mort~age imcrumeay unlas ~ome abet date i~ a~ttud ~o between t6e partia in wridag~ a certified audited fiaaneial stato-
ment of tLe Moct~a~or and anausl complete operatin~ ~tatanents of Mo~aQor. If tbe Moctgaaor's fi~cal ot cslendar Ycar shall not ooinade
wit? t6e due hersin sped~icd. then tbe date w6ic6 t6e Mort~ata a6a11 specifr •hall be conecolliot. Mocc~sgo~ s6a11 ~uppl~ Mortp~ee witL
~uel othsr Rnaoeid statanents ae Mort~cs mq from time eo Kwe requea.
24. Otber pro~isioos:
This mortgage is aubject to the terms, provisions and conditions of
that certain Conatruction I,can Agreemsnt, dated M~ay 2i~ 1961t~ entered into ~
between the mortgagor and the mortgagee herein and said Construction Loan Agree-
ament is by reference incorporated herein ~and made a part hereof. Said Con-
struction Loan Agreement is availsble for inapec+,ion by all parties in interest
at the oft"ice of the Mortgagee herein.
t
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IN WITNESS W HF•RBOF. t~e Mort~a~or 6as e:tcuted thae pratnts uadcc seal the da~ a~ul; y~ fitst -abore v~riKea.
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8i~1, aaled and deli~ered in tLe praeoee o•
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FILEO HvD REC FLA• ~
ST' EC~ ~ 0~ RIF r
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~c'1t,CiRCU1T CO ~
STATS OF F IlRTiIA C:-:_.•.
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couNtv or DADE j " ~
I ABRBBY CSRT[P'Y ~ac oo ~is d.r penondl~ appeaerd beEore me. .n of5«r dW~ aoc6o~iud ~o admintscer ou6. aod ab
W. C. Bevan, Jr. ~fic ~oqeo~ebic
~ ~~gagr~ ~fficer of General Develonment ~
,
~.ic1i'~OTat.lnn ~ a Del atiare oorporatioo, b me wdt imown eo be tDe pet~oo~ darn'bed in aod wbo aoeeated d~s
fore~oing mortgage and the~ dnl~ ~eknowled~ed before me tbat aeting uuder d~x eorporm aut6orit~ the~ rzecuted t6e M1!~ and im- ;
preaed c6e aorporaa seal for ebe pnrpaa ~Lerein apresed as eLe aec sod dad of .aid corpora~iao. '
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IN ~OTTNFSS WHBR80~. I 6a~e Leaanb set m~ h~nd aod affized m~ official seal u ' i
~ ~
,aid ~.buot~ .ad saee. t6i~ 1~t.h.-_ dq of -T~*? v ~ ~s ~ ~ i ~
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~ -~t G.~`~-c.t~~ o _ ~
NOTARY PUBUC. S~ATE a FIORIDA ~t IARGE Nau7 Publ;e (rt _ ~ ~ '
~7 ~ 9. 1969 ~ ' ..Y .
~ONOip TNROYGM FRE~ D1SlT[LMOR/~ ^~ii J/' ' • S•` ' -
3'TATS OF ) ~ ~c - ' . .
. M ~ ~'~~;.,;,f~i'.,~•:.~"~~,c=
COUN'I'Y OF ) ' ~ F
~
I HEREBY CER'TIFY~ t6at on dw day penooalt~ aPpcared beforc mG an offiar dnl~ autborisad to admdnister oatlr aad tate ae-
teowkd~emenu, and a ae '
;
Imown to be t6e persoo daedbcd in aod w6o ezavted the fore~oing imtrwnmt and acknowledged before me thst ~
ezavted t6e ame.
IN WITNESS WHEREOF~ I 6a~e hereunoo set m~ Land ~nd affized mr official ~eal at ~
~aid Comt~ and StatG tbis dar of l9
Notat~ Pnblic
H~ Commiaion ezpice•
goo~~51 65
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