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lf. T6at it tLh satpp i~ is aoaoKtioa wi~~ ~suld N oooaroe8an lws ffnao~io~ tM a~rep it wip relaM froia tM
liea of tLi~ mo sw? oa~ or more of t6t iou daaiied ~rdp upoa pwaa~at b~ t0e l~or~a«r~iuc~ wv or ~um~ w?k~ mq raw
bcea ad•soced by oo ~ac6 lot or lot~; proridsd. 6owe~er t6a t4s Mort~a~or ha ~ntyr oomplied wtcl~ t6s ternr ~ud coa•
dldaa of tM Oanteuetioo baweea tbt Mo~a~or ao~ tbt b~u~ an s~eeuted oop~ of whki b ts ebt poMaMia~ af trt
!~lort~a~cs and is Iaoor_ poisted b~a~teferena sod mads a put 4e~eof; so~ a t b~ Moresa~oe undet ~aid ap~eeao~at shall b~ oos-
ddered ~u t~au oE detsuh under tW~ mo~e.
Z0. 'I'6at ~Lt ~ wtll oo t6e cequac of the~~ furni~D a written ~tscaoeat ot t6e amouoc o
d~4 mortp~e ~xuca aad re,n aue wbec6sr oe oot MortMy~r-cTa~ any detea~a or offua tbcreeo. ~Oi aa ebe abU~etoa w6ie~
Zt. Ttiat More~aro~ will not permlt sor other llew eo be Akd a~atmt t~t aaid prani~n wd it ~~oe~ Uaa srt 8bd, wbethet
yatas~uat or ~ubordinate to cW~ mort~ap, Mo~a~or will ba~e or awe ~o bt 6ad ~aid 8eo~ di~c6sr~ed imaoediatel~.
Zt. a6a11 6a~e tbe d~6t eo cLu~e Moe~
~ acoount wit6 11~ort~a~ee tor ebe inteeat aod P~P~1 P~k a pra
~[ded in t6e note a~ ~ucb beoama due ia aooord~ _aa thaewitL.
Z2. If the MortQa~te requew. Mort~a~ot 6uebr oo~ea~nb wd s~rta t6at Moet~a~or wlti furnii6 tbe Moct~a~ee ~nnuaUj from
the due ol dw morc~a~e in~trumeny nnla~ ~ome otbcr date is a~rced co betweea the partia in wridn~ s arei8ed audited ~in~ndal ~taca
mmt o~ d~e MoetQa~or wd annwl aomplete operatins Katemenq of Moccas~or. If t6e Mort~or'~ fixal or calsodu yeae ~6d1 not ooiacide
wit~ t6e date 6ertin spai~ied, tbea tbe date w6kh t6e Mort~a~se ~6a11 ~pedlj sh~ll be ~ontralUns. Mo~~,~or ~6aU ~uPP~p Mott~s~ee wlth
sucL aLee 8uandal ~tstemenb a Mort~cs may from tiwe ~o time reque~t.
24. OtUer pro~isiow:
This mortgage is subject to the terms, provision and conditions of
that certain construction Loan Agreement, dated May 21, 1q64, entered
into between the mortgagor and the mortgagee herein and said Construc-
tion Loan Agreement is by reference incorporated herein and made a part
hereof. Said Construction Loan Agreement is available for inspection
by all parties in infierest at the office of the Mortgagee herein.
IN WITNESS WHERSOF, tbe Mortga~sar 6as ezceuted theae praents under ua! tLe day and year first abo~re;aitlt[e~.
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~a~Cd and '~ered t raenoe : - v . . . . • . . ~ - ` ~ , ~ .
. GENERAL DEV~ ~ F ~ ~ --C~O~pORATIO
~ - ~rs s~.~
" ~ c ~ -
/ By- - - --r ~ _ ; - -
~tJ MOrtg ~ ^
Attat:
- - - (SEAL)
- - - - - - - - - - - ---,(SEAL)
sTATB OF Florida ~
oooxrtir oF Dade ~ •
i AERSBY CBRTiFY ~sc oo d~is day persoodir appeared 6dore me, an of6acr dny .~cbais~ m sdmin~ oa~a aed e.b
aetnoRte~~en~ _ w• C. Bevan, Jr. x~tcx ~
Mortggge Q~1[_P_T pf _(~anE+=~,~ Devel~mon}~
Corporation y , Delawa.re b ~ ~ ~ daa,'be~ is .ad .~o ~e~a,d c~
~?+B ~~~7 d~7 b~e me t~t actia~ mder duie oorporate aw~Orih t~e7 e~eeuted t5e taoie and im-
pre~cd ehe eorpona ~eal for tbe W~Paa eberdn a~pcised a~e ~ec and dad of ~aId ao~poraeioo.
IN Wi1'NF.SS WHIDtBO~. I 6a~e hereoob set mp 6and aod affiud m~ off'Kiat sa1 ~t _ Mi8171i, F10~1~
uid Cbuot~ and Stst~ tL~ ds~ of Tar~i,a rv 19~$. _ ,
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NOTA~Y tUBUC. STATE OF FLOSIDA AT LAQaE ~
Mr co~~ss+oN ~+r~s Auc. 16, 1970 Notar~ P lie
~r tONptp TMROYfN r11t0 o1ttT[LNOR~T , . : .
til ~
ti'
9TATB OF
fI~.E~D AND RECORDED ~ , . ~ - ~ ~
covx~t oF ) ST. LUCIE COUNTY. FLA~' 163'?'24
R~ ~n;;[': `?~P.tFIFO ,
I HEREBY CEATIFY, tLat on this dap P~v~7 sPP~~ 6efore me, an offoer dnly aut6orlsed ~o admiaistet oat6~ aod ta~e ae-
t°°"ied~ameae, M ae
known to be tbe per~on daea'bed tn and wbo ~ aebwwiedaed before me tbu
e~eeutcd tbe wne.
IN WITNBSS WHERBOF. I 6are 6ersunro ia my:.b~qd~~od.~,~ officid ~eal u
taid Gomt~ and Staoe, ttw daj of ~ v., ~ c~ r~ nr c 0~-~-
Notar~ Publk j
Id7 Ca~ioo e:pies~_ ;
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