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1f. That U c~ ~t~ap i~ ooeoeetia~ wict awhtpls ow~M~uetia~ Iw tM stcca tt wiU ~eisdt hoo t~e
Geo ot t6i~ +~1? ow or oon of t1t bd dac~i?ed 6eniP oP~ PU~~ ?f~oetsa~or~we!? au4 et war wtiieh aa,f Wve
t
Deea ad~aneed by .!o s~ce oa ~ncs lot ot bu; p~o~ided~ bows~er, t6u cre Morts~ot ?ar tultr oaopGed witb tb tena~ aod oor
dieiwM of ers Con~tr.:etio~~ Losn becweee t6e Mo~a~or aad tbt ~s s~tut~d aop~r oE wLkY L I~ eM poMe~ eE d~
mi d~efau~~uadsrr~a~
icaea and made s put lecaof: ~e~i~,~~tu b~ Moet~a~o~r uedu wd a~ree~at ~all be eo~-
dcred aa e~ ot ~oa~tiTasG
20. Ztiat t6e will ou tbe nquat of t6e M turd~ a arittea rtstasent oE t~s ~mou~t ewjeZ oe de eWi~tioo wNet
~a~et •
chn e~octpse ~ecures ~nd nia aars w6et6ec or oot Mo~s~ara~ da'u~ aoy defeasa or offseb tLs~o.
Zl. Tbat I~t~a~or will oot permi~ anr ot6e~ Ueo~ ~o bt fkd qaio~t t6t aId prani~er aad it so~ wer liem u~t til~l, wretret
par~uot or ~ubordloaa to tW~ moct~a~ alo~uc wiR han os caw~ to Se bad ~aid Itar di~charftd Imrn~dia~sb?.
2~. Moetga~s ~hall 6srt tbe riaDt ~o eLas~e aooount wit? M~ee fix ttit iataat aod P~WI PU'~bk a Pro'
.ided ia tbe proeoiaory note a~ sue6 becoma due ta a~ tlietewit6. ~
,
Zf. If t6e I?So~a~n requcse. Mo~~or 6ereb~ ooveaaob and a~cce~ that bla~ will torni~L t6s Mo~ssee annualii feov
the due of t6i~ morc~aae imtrwneat~ unlas wrne ot6er due b a~rad ~o «etwan tbs rtja is wtidn~ a artiRed auditcd ffoaoeiU ~tato-
ment of tLc Motc~o~ sad aaaual oomplae opentins ~tataoeaa of Mon~or. I~ tLe • fucal or ealeadu iea~ s6a11 uot ooincide
wic6 cbe dace beerip ~ped~ied~ [hm t6e date wbicti t6e blortsasce ~hdl ~palfjr ~hall be ~ Mort~a[oc ~6a11 wppl~ Mort~ witk
soc6 ot6er lioancial state~eaa as Mo~t~ssee ~aa~ ~com tia~e to dme requat.
Z4. Other pm~ision~:
This mortgage ~.s subject to the terms, provisions and conditions of
that cextain Construction Loan Agreement, 3ated May 21, 1964, entered into
betWSen the mortgagor and the mortgages herein and said Construction Loan
Agresment is by reference incorporated herein and n~ade a part hereof. Said
Construction Loan Agresment is available for inspectinn by all parties in
interest at the office of the Mortgagee herei.n. +
1N WITNESS WHERHOF~ ~6e Mortga~oc La~ e:ecueed tAae preseuo ~mder ~eal ~e dy and y~ur fi~
~abo~t
r~jri~t*.
i>~ -
S~ ed aad de red i of: GF~tAL DEVgLOPI~'~'P ORPf~tATIO~.
~ ~ ~ _ / ~ : ~ _ 9F.AL)
By t~yy~-- .r- ~ . _ -
o , _ w' ' '
FILEO AND RECOR~'~ . v 1- ~ ~i 3
' ~ -
ST. ~UCIE COUNTY. FI.A: +
RFCORO \~ERIFI
i~7~-~"" l
~9~Rl~~~
'67 OEC 4 P~ 2:~ 3 I
~ 1623Q4 ~5~,,
Fi~~E:? rOiTR~S
CLERK CIRCUIT COURT ~
~s~?r.)
E 8'I'ATS OF Ff.(lRTiIA ) -
f COUMI'Y O~ ) ~
1 HERBSY CBRTIFY tWt on trb dar penoodl~ sppeared be[ore mG ao offiar dW~ sut6aised ~o adminbtcr oatM aod bb ~
actoowkd~n~ _ W. C. Bevan,~ Jr. r~i~{~~ ~
Mort,gaQe Offi_cer of General Develoj)ment ~
!
~or•,~ s ~Alaware corporatioo~ b me wdl koo~ws b be e6e pasoo~ daeribed is nd wYo ~ eM '
oregoing mortgage and tbe~ dnl~ atimowled~ed beioce me tLat aeting nndtr due oorporate antLorit~ t~ej e~ecated t4 ~sme -aod im-
pres~ed the oocporate sal fot ttie purpo~n t~ereiu espt+cwtd as ttie aet and dad of aid oQrpotatiao. . -
-r . .
IN ~VITNF.SS W~REOF. 1 6a~e 6ere~wb ~et ~~nd and affiud ~ oEfiad seal at M~~~~,~°,~~T:~cl'a.r'.~~ ~
»id Co~nt~ .nd &atq t~ ~Oth ~T November ~ 196 ~ c ~4 . - ~ ~ ! ;
y=~ /J' ;
MOTA~Y ~98LIC. iTATE OF fW~A AT 1M66 ~.L - ~~,~iE.ry'r~
MY COMM~SSION EXrIRES AUG. 16r 1970 Notar~ Publie , . -~e : - _
•OND[p TNAOWN /RiD M. DI[fT[LNORfT _-t~'-~'~~ (~.~`I ~ _ ,
M~ Cammi~ioo esptra• . -
STATB OF ) • . , - ; -
< j „ , •
s r + - '
COUN1'Y OF j .
I HEREBY CE1CI'IFY. t6at u~ ehis dar penoaaU~ appcared before mG aa ofBar day aut6oriud ~ admiaistei wtb and tabe ao-
itapwiedRmmt~. and M a! ;
known ~0 6e che penoo darn'bed ia and ..Lo e~ee~ted tLe fore~oing imtrmmmt aod - aclmowledsed before me`tra
ezeeutcd tbe ~atae.
IN WITNESS WHSRBOF. I 6are 6erawm .a m~ 6and aod affi~d m~ ofSc;d .eal a
said Comq aod &stq, tbis d~r of 19 !
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