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HomeMy WebLinkAbout1200 s If. Thu if tW~ mort~s ta in oonnectioo wic? muldple coonrudtion bao f~t6e Moct~es asrea It will relau from tM lien of tbii morc~a e~ny oa~ or more ot t6s lob dacrlbed 6enlp upoo pqrneat b~ ebe rt~o~ t wc6 awn or ~um~ wslcb ~ ha~s beea advanccd by ~ortgagcs oa such lot or {oa; provided, 6owerer, thu t6e Mort~ssor Sa~ lully oomplied wit6 the ecrws aad oon- didom of the Construccion Loan Ag~eement becv?an tEe Mort~asoc and t6e Mart~ so aceeuted oop7 of wbieh i~ In tbs poaa~im o~ tM Mort~~ee aad 'u inco~porated 6e~ein by refucace aad made a part 6e~eot; ~a,r a t b~ Morc~a~or uade~ ~aid a~ceemmt aball be ooa- udered an e.eot of dcfault uader chi~ imccja~e. " Z0. That e6e Moetga~or will oa tbe requat of t6s Mo~~ee turdib a writteu ttataaeat of t6e amount owiD~ oo tLe oblipdon whic6 thi~ mo~ase ~ecara wd then:n atste w6ethe~ or aot Mo~t~a/~r dalm~ anr defeoies or off~s tLertto. Zl. Tbat Mo~tyagoc .vill oot pcemic any other Gnr to be 81ed t~aio~ t6e ~aid pnmisa and if ao,~ wcL Uea~ ue f~led. w6etbec panaownt or ~ubocdinate oo t5u monQa~e, Mort~a~or will ha~e o~ uu~e co be 6ad ~aid Iiem dix~ar~ed ima~ediuely. 2?. Moct~apee shall 6ave the rigLt oo c6ar~e Mo~cga~~'s uoount witb Mo~a~ce foe tbe iaterat and priacipal pqable a pro- vided in the prorws~orp uoce a~nch becoma due jn aceordaaee t6erewich. Z3. If t6e 1~lon~sges request~ Mortgagor 6erebr oo~caanb and ag~ea tLat Mo~tga~o~ will furni~h the Mortga~ee aaaually frwa tbe date of t6is mortgsge iostrument, unla~ wme othe~ date u agreed to between tbe putia tn writing a certified tudited 8aat~al statc~ mcat of the Mortgagor aud tunual oanplete operadng ttstanenb ot Mort~a~or. If thc Mortgagor~ fucal or calendar yea~ ~hdl aot ooincide wit6 tbe date hcrtia specified, then t6e date which t6s Mort~agee sl~a11 specify ~6a11 be controUia~. Mort~agor ~6a11 ~uPPI~ Mortsajae wit4 •uc6 other 8nancial statemcab as Mort~a~ee ma~ f~+om tuse to dme reque~t. 24. Ot6er pm~itions: This mortgage is subject to the terms, provisions and conditions of that certain Construction Loan Agreement, dated May 21, 19b1~, entered in~o between the mortgagor and the mortgagee herein and said Construction Loan Agreement is by reference incoporated herein and m~ade a part hereof. Said Construction Loan Agreement is available for inspection by all par~ies in interest at the office of the Mortgagee herein. IN WiTNESS WHERHOF. the Moctga~o~ 6as ezauted these praenb unde~ seal the day and ytar Snt `sbey~~irkt6q,f J• f / ~ . ~ /aealcd and elirercd in., t~` presa~te . G~'~F4R.AL IlEVBSAH'~DI'l.= G~~P~'1'Y01~T: 2• c~- ~Cl~-- tL~" , d, rB s~.) - • ~ - . : ~ . - ,t. ! ~ ~ B' o t •.ce - • _ LL!! M r gage : #'~i. ~ ~ l~l'~'F~'~r . ' . . - • * ? ' ` , RECOROE~ ~ v ~ILED ANO p, ST. LUC~F C~.V~TY~Q pG ._.~-~z. ~~~.1 /~~f// 4 ~~A FEB 6 PM 2:46 ~5~., i64~- :..~~:;_~_a ~~J~' COURT CLERK CIRCUIT ~sEAi.) 8TAT8 OF Ff. TTIA ~ ~ covrnv oF DADE ` ~ I HEREBY CERTIFY ~ac oo ~L;s dar per,oodly sppeared before .o ofsar ddr a~ ~o .~~cer ~ue. ab t acknowledgementi. TeI. C.. RFSVani .Tr. ~f~~ N~~p~'~~ ~ Mnrtgavw~[~ffir6Y' of f~anargl ilayAlTr"Bt1~ ~ ~ orp~ration aware ~ b m~ we11 known ~n be tbe pe~m darn'bed in and wLo csa~ted tM ~ forcgoing mortgage and t6e~ dnly acknowledged before me tLu seting mder dae oorporate authonq tbc~ aoenrted t6e ~ame. aed im- ~ preesed c6e oorpona ~cal f~ t6e parpaa therein ezprercd a tbe ~et and dad of said oorporatioa . IN WITNESS WHEREOF, I 6a~e herean~o set m~ band aod affized m~ of~aal ~eal at Miemi~~1+~4~~d8 - , ~ ~ ,a;d Counq and ScacG, r6is lst ~y ~ February ~ ly ~ ' - • . ~ r ` , ~ Gfv~ ' NOTAItY WiUC. tTATE OF iL0~l0A AT t~R~E Notary Public ' ~ ~ MY COMMISSION EXPIRES Al1G. 16„ 1970 ~ (~~r ~ ~~7BONDE~ TM110u6M c~sn ~r n~E9TElXORlT _ ' . - ~ ~ . ~ STATE OF ) - • r . - COUNTY OF ) ~ I HEREBY CER'TIFY~ tLu on this day peraonall~ sppcued before me. an offieer dul~ autLoriud to admini~ta wtL~ and tsioe ~ ~ lmowled~emeod. and M ~e Icnown to be t6e non dacn'bed in and w6o ezavted tLe fore~oing inwument and acknowled befote me that ~ P~ B~ e=ecuted the tame. 'G-' ~ 1N WITNESS WHERFAF~ I h~.e 6ereuoco .ec m~ 6and aud affized my offiad seal ac said Coont~ and &ate, ch;~ day of t9 ~ ~ ~ - ~ Notsr~ Pablic ~ ~ )viq Comrmnion ezpiew• - ~ g40K ~rIO PAGE ~Y: ' ~ s - - = ~ r ~ - w _ ~ _