HomeMy WebLinkAbout2650 ~ . i
1f. TAit it di~ msrt~a~s i~ ie oonneetk~ wit` suldp1~ aoo~ecvaio~ lo~ fiaa~ei de +~rea it wtp ~eleas fras tM
4eo of t;~is~oott~s~e wy oos or mon o~ tLe lob datdled le~eip ~poe p~seat 6~ t?~~a«t~o
~we~ w~a or waa w?kti W Vrs
beea advsaced by Mortgstce oo betw~ vided. lowe~e~. t6at t~s Mortp~o~ Ya~ f~ll~ ooa~plied wit! tht tcnos aud ooa
di~ioos of ttie Caatruccioa 14io t6t Moct=a~t aod tbs sa s:ec~Ked ooy aE wLic? i~ ia t~e poMeMios ~ tM
Mo~a`se aod 'a iaoorponted kcnin b7 rchnacs ~nd auds s part tieresE; Ido~a~x uoda said asrceo.at ~bsU be oo~-
sideced as e+ent of dcfsuh uadu t6i~ mort~ata f
Z0. ?bac d~e M will oa tbe requat ot tbe Mo~a~e furoiai a writau wcaoeot o~ t~e uaomR owies aa ~6e oblipdon wrk6 }
cW awrt~e ~e~wa and~ ~tue wbetLu or oat Morc~or elaiaa ~u~ dcfeases oc ofise~s tbaeta
!t. Tbat Mor~ato~ will oot pcr~ait aeq ot6et Gsa~ ~o be Rkd qatat t6~ wd *ca~otw and it aa~ we~ liew ue ~led. wbetLe~
panmwut or subordina~e oo t~i~ cwrr~s~ Monsa~ will Aa~e ee awe ro be 6ad ~aid Ueo~ dt~c6sr~ed iamedt+tey
Z2. 1ltoct~a~ce s6a11 6s.e t6e ~At en cbarge •~oouec wit~ Mat~ee for t?e iaterat aad prineipal pa,~nbk a~ prs-
.ided in thc promwo~ ooq r~uc6 becoroe~ dw w ra~ ~oa tLaewith.
Zi. If t6e I?1ort~a~cs re9uats. Mort~a~or bereb~ oo~eusnb and ajnv tbst Moct~a~o~ wiU tutni~6 t6e Mocesa`es amuallT i~p
d?e due of tDis morc~sgc inun:men4 unles~ ~ome othcr date L a~~ed to betwan ebe paetie~ Io writinZ a cc~tiRcd audited Snanoitl ~t[to-
ment of ttie Mort~a~u aod annual oomplete operatiut ~tuemenb of Mort~or. If tbe Mo~t~oe'~ ~al or caleodu rear a6a11 oot caoeide
wit6 t~e date bersio ~pedfied. then tbe date whic6 tbe Mo~qee ~Ldl ~peeif~ s6a11 be oooteoUinZ. Mort~aaor ~LaU wPPb ~tK+~te wit~
suc~ atDer Haaadd statements as Mortaasee ma~ teom time to da~e requat.
Z4. Otber proviaoas:
This mortgage is subject to the terms, provisions and conditions of
that certain Construction Loan Agresment, dated May 21, 19~t, entered into
between the mortgagor and the mortgagee herein and said Construction Loan
Agreement is by reference incorporated herei.n and made a part hereof. Said
Construction Loan Agreement is available for inspection by all parties in
interest at theoffice of the Hortgagee herein.
. . i
1N WITNESS WHBR60F. tLe Moct~s~oc 6as e:ecuted tlae praenu uader aal t6e day ~nd rea: fiest abovt w~it~~ !
. ~ r~ i : ! , .
Si and de ' nd ' ot: . , . • - - ~ • - ~ /
(*F.NFRAT. i1RVk•il~A'htRlP~ ('~P(~?ATT(11~F• . ~ - ~
~ (CORPO~A )
_ ~ ( , By • ~
~ - 'E- L _ C'LQ~>~ , Mortgag~ ~Offieex -
~
~ % ~}K~~~ . - , _ _ {
FILEO At3D R~CORDED . ~ ~ ~ ~ `
ST. LUCIE CQU('~TY. FLA. '
4=~ ~~:?D ~r:;t=l=D ~15~~~~
~Vi~Grt~S ~ ,
' 8~lT:'~! 2 P~i 3: 32 ~5~~
i - ;~:.-C~a'~-c-~4c.l~
~ - .1~ :J
` ":~C~IT COURT (S~) '
~ -
~ STATS OF Fi.(~TiIA )
COOMY OF ) ~
t HERBBY CERTIFY d~ac ou ~i. dar penoodly appearea before me. ao offioer duy aarBorised to .dminbar o~6s aod ub
utom.led~emmti. G. Bevan. Jr_ _ f.~/~
- $
Mnrtoava []f fi CAr of ('~nwral ]lEivAl n= mwnt r~,•~;;Af:l on
, Delaware oorpo~.c;o~ a me wdt tno..n to be tbe penoo. dwaGbed ~.nd wb tsecated d~t
fore6oing mortgage and tye7 dul~ admowkd~ed be~o:e me tLst acting anda dae aocporate autbozit7 t6~ esee~rted ~e wre aid is- _
pra~ed tbe aorporm .eal tor tbe purpwa tLerds apre~ed as tLe aec and deed of atd oorporatim. . `
IN WI'!'NESS WHB~F. I 6s~e 6ere~mto ~et s~ b~od ~ aH'iud ta~ oEfidd ~Mi a~j;~~ f~~
jR~.~.{~~ ~ ~
pid Onuet~ ~od State, t66 9'lth ~ ~ ilur_amhwr , Il~. " •r. / - _ ,
~
J, /j -
NOTA~ wwC. nAh 9F ~O~I~A AT u~ ~ -C~+`~% , t?~=-~--~,~2~~i~ ~
MY CG?MMISSION EXPIRES MKi. 1~ 197~ :Vauy P Ik . ~
OOMDEO TNROYON FREO N. Ot[lTELNOAK " - . ~ . t
M7 Cammi~ioo ~ieer . . +
3TAT8 OF ) 1
OOUP11'Y OF )
~
3
I HEREBY CER'I'IFY~ chat oo tb» da~ penooall~ appeared befae mG an ofBaer dol~ aut~otjsed ~n adm3airter aatV aod taloe aa
k~Owlad~eoents„ aud M at
imowo to be tbe penoo dacn'bed in and wLo eueuted t6e fate~oios imtrumeot and scimowledsad before me tLat
e~e~ented t6e woe.
IN Wl'I'NESS WHEREOF. 1 ha~e 6ereun~o at m~ 6and aod affi~d m7 offidd ~al u
~aid Camt7 aud &at~ thi~ daY aE 19 .
I~atar~ Poblie !
My Comvi~ioo upira•
. BOOK 1~~7 PAGE ~~c~~
,
;