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11. Ta.t if eLi~ moet~ap is i~ conneak...it1 awW M ao~ccuedon lwo fm.sao~ tw Me~t~.sse a~rt« !e ..iu rslw. lra. e~.
liea of t6is aqy ooe or mon of t6~ Iw~ daMred ~crap apos ~meot b~ tes Matsawr af wer .uia or wno~ wlich myr ra~e
~cen ad~anced
b~rcgs~ee us ~uch lot or lon; pwridcd, 6owe~er. tbu tbe Mat~a~o~ ha~ ~ull~ oaaplied wit? tbs terms and coo-
dicioo~ of t6e Oon~csueeiM~ Loan A~eeemeat betwan tL~ Mortt~x aod t?t bi~~ ~n ~eeuted oop~ at whkh M is ebe poaa~ian oE trr '
[Nort~ca and 'u inoo~ponced 6erdn b~ nfereaoe and aude a put ?ereof; aq~ t b~ ~os~a~ ~wdee said aseceaeot ~6a11 be oos- ~
aideeed aa s~eot of dchalt ~mder tLi~ mor~ase.
20. T6ac tbc M wiU ou tbe cequea of t6e Mo~a~ee turoL6 a wstecea tacaaeat o~ tbe amount owtns oa che oblisation which
cki~ mortsass ~ecura sod~ mte whec6u or not Mo~awt eWmt' aay defenus or otfsee~ tLereeo.
Zi. Thst ~ioregato~ will oot pe~mit aqy oc6er lian ~s be ~titd spiou tht ~ald pr~mbes and if aq~ w~c? Item us 8kd. whetbet
panmwnt or ~ubordinate ~o this mortsa~e. Mott~a~or witl 6a~e oc tawe ~o be had said lie~ dbeba~ed tmmedlaalp.
?2. Moct~a~ce s6a11 ba~e cbe riaht ~o cLu~e r~a~ • aooount wit~ Mo~t~ee for etit tnters~t and priadpal pqsbk n pro-
vided Io t6e poomttwq oote ~u such become~ due in ido~iudanC~s thaewitL.
Z3. If the Mo~a~ea rcvuaa. MoctYa~r bereb~ oo~enanb sud a~ea ebat Moet~or will furni~6 tM Moresasee ~anuallr from
cbe date ot thn morc~sse imtrumenq unlas some at6er date is a~ed eo betwaa tbe parda in wridny a esrrified audited ~inaoeial uate-
menc of t6e Mort~ and annual oanplete operadns ststemenb ot Mort~or. If tLe Mo ~ f~cal or ealeodar ~eas shali not coiacids
wIch t6e date Lereia spcdfied. t6en tbe datc which the MoKsa~es ~6d1 ~pedf~ a6d1 be oonte~ol ' Moct~aaor ~6ap tuPpl~ Mort~a~ce wit~
such ot6er linanrial sraemcnes s~ Moresa~se mq from time to time req~at.
24. Otber pro~isiom:
This mortgage is subject to the ter:as, provisions and conditions of
that certain Construction I,oan Agreement, dated May 21, 1964, entered into
between the mortgagor and the mortgagee herein and said Construction Loan
Agreement is b y reference i.ncorporated herein and made a part hereof. Said
Construction Loan Agreement is available for inspection by a11 parties in .
interest at the office of the Mortgageeherein.
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IN WITNESS WHERHOF. tLe MortQa~ur bss e:ceuced t6ae preseuu under scal the dar and year;~,abo~e ~~t~
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` and deli• in t~ p of: .
C~RAL DEVELOPl~LEI~'P .CCfft.PC7RATf AN
- ~ x~w~TS, s~r.)
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' ' l~- - ` ' By ~ . c' '
- ftJ
~ /~r/ Mortgaf~e `bfficer
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~ FtLEO ANO RECORDED' , . ' ~ ~ '
ST. ~UCnE COUN7Y~ •
p- t.~ . . .
16517'7 ~
~~a ~ ~ 4 AM 10 : 07 ~s~,,~~
J~~°'U~ G~
ii+~GE. i? i-JtTR:.S
CLEaK CIRCUIT COURT ~S~,~
f
` 8TAT8 OF Fr.ORTTIA ~ -
E COUN'IY OT ) ~ •
E
~
~ 1 AERBBY C8R'TIFY t~at ao t~is da7 P~b appearea beiore me. m of8cer dut~ aat6oris~d to ~dmini~cer oatd ud nb
~ acknowledaemeub, 1eI. C. B~t'~.~ Jz', //L~/~ //~~j~~~l
~~~u M~rtuaFA nffi cAr o~BnAral 7laval ni mwnt ~~nnrati nn
~ ~ Tlal avarA ootppratje~. b mt weU i~o~wa b be ttie peitoor daaibed io asd w~o-aee~tea tv
~ forr~oins mort~e aad tbe~ day acknowledred beloes me tLat aetins oodtr dne oerpones authotib t~ e~etated tbe wee aAd i~e-
~ presud cbe oorporace ~a! io~ tfe parpo~a tiereiw e~ra~ed n tre aet and deed of aid eorp~ation.
= IN WITNESS WA~tEO~. i tia~e hereuo» ~et ~ tiaod ~od a~ed m~ oEfidd seal at m. o.
~ ,~td ~ ,ad gc~ eW 12th ~ ~ March , 1~
6$,, . -
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~88UC. iTATE OF FLOIUOA AT WtiE . . ~ "f ~ , ~
~ ~~pMMi5510N EXPIR~S AUG. 16. 1970 Notar~ blie - -
~ M' ~ ~/~~OND[D iMi10u6H F11E0 W- Di~iT[~MOR~T = ~ . , ~
~ ~~~w - ~ . , '
1
y srArs oF ~ -
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COUN'I'Y O~ ) ~
~ I HEREBY C.ER'i'[T1t~ e~ o~ t!a da~ prsoealb aPpsud bsfae my aa offiar dul~ autLorised ~o d~dai~er e~tl~ a~ ts~e ao-
tas+eMdp~a~t~ ~od M ~t
tnowo eo be ebs oeno. aaeribsd i, ~ud wro a«ua~ tL~ loryetos iarcruse~t aod act~owiedsed beiore oe ewt ~
~ e:eewed tbe ume. t
1 1N WI'i'NESS WHBRBUT, I ra~e kre~uw ut ~?aad rd affis~d s~ eE~icld ~al at ~
~ .aid Cart~ ud Saee, tYi~ dsf ~f H
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~ MI~ Cariaioe Kpies_--
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