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1f. Tb~t 1! tW rerWp i~ i~ ooooado~ wit\ suld b ooane~teeioo bY ftuaedo~ tDt ~ aF~ k wIQ relert f~os tM i
Uea ot tW~ mor~ aqp oot or mors oE ere iod daaibed ~adp Dpon pq~nt b~ tN Mert~r wer aum or ~oa~ wriJ my Ww .
ban sd~aaeed by Mo on ~nc6 bt w ba; prorlded. 6ows~cr t6u t4e Mottj~ ~ lnlU ~omplied wit? tM term~ aad con•
di'
~~Oo~a~tn eK~~ ~m between tbe Mo~a~or ao~ tM ~ ~s ~aeu~ed aop at w~k? L lo tM pa~ios o~ tM
G~ar~ated bn~do bp~erteceaa aod madc a pue 6ereof i aqT su bp Meet~yor mder Mid aaesmeat ~Dall be ooa
~ideeed an sveat ot d usder t6i~ ao~e.
Z0. 'I'6at c6~ Matp~oe wiq ao eLs ce4uat of the2~o~a~a~ fucoi~6 a writteo ~ ot tM amouot owto~ aa tLc obliptioa wlic6
chis oortsap ~.wra and tbcrein wce wha6sr or ua Mort~or eiaim~ W defe~a or offx~ tbcrc~o.
Zi. T6at MorKa~r will not pe~mit snr a6a liea~ ~e b fikd apimt t6~ wtd pnmba snd it W wxi Ueo~ ut 8kd. w6et6er
~ram~wot or wbocdiwa to tW moct~ Mo~a~ae wiU have or an~e to be had aId i~ di~ch+rted immediu~l7•
ZZ. ~6sU havs tbe ri~ht ~o ehar~e aecount wit~ Moet~ee tor tM ia~aat aod pciodWl P~bb a~ Wo-
vided in tbe~~p~aoq oou n sue6 beoomn due iu adx aooe t6a~ewit6.
Zf. If t6t Moet~a~ee a9~ae. Mo~a~pOr 6ereb~ oo~atsnb and a~ea t6at Moet~o~ will fnrnith tbe Moresa~ee aonn~ from
tLe date of this moet~ate imtrumeot. onlas ~ome otbee due is ~i~'~ eo between the rda in wrtdn` . s eecdAed audttcd Snan~a statc-
meac o~ t6e Moet~or and aooual aomplae operatins Kat~ of M r. If the Morc~or's S~cal or calendu ~ear ~6a11 not ooiadde
witb tbe date 6ertin s~dRed. tben tbe date wDic6 the Mo~asee ~6d1 s fy ~Usll be oootrollio`. cM~ortsa~or ~hall wppb ~or~a ~
~neh otLa Rnaadal Katemenh a~ Mottsasee ma~ ~rom tlme to dme tequeK.
Z4. Otha peo~i~ioos:
This mortgage is subject to the terms, provisions and conditions of
that certain Construction Loan Agreement, dated May 24, 19~, entered into
between the mortgagor and the mortgagee herein and said Construction Loan
Agreement is by reference incorporated herein and made a part hereof. Said
• Construction Loan Agreement is available for inspection by all parties in
interest at the office of the Mortgagse herein.
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IN WITNBSS WHSRBOF. ttie Mort~or 6a~ e:ecuted chae preseaa under ~eal the da,~ and yar`~rst~abe~F.~t11t,~•:' J: ~
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si seakd a~ deu~ercd in t6e Presenoe ot: G L I~E 6(JftP ~'IOI~~
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F~t,ED aNO RECORDEO ~
5T, LUCIE COUNTY. FLA.
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~ CLERK CiR 17 COURT
~ 8TAT8 OF ~
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COUN'I'Y OF ~ . )
i SBRBBY CBRTIFY t~st on tris dar P~vb sPPa~ ~~n of8ar dolr aut6o~ised to adminbter aatM aad esb
W C Beva~ Jr /Le4/ / ~ ~ ~~ii~qb~j4e4
MORT(`~AGF f)1~A'if'.RR of ~ RAT. TY~'.Vi~T.(1PIutAj~]'r !
CORPORATION , DELAWARB e~rporaeioay a me wd1 tmown ~o be ctie penoo. de~ibed i. aod wb esea~ed eM
fore~,~ing mortga~e aad t6e~ dntr aeimowkd~ed before me tLat aaing mda dne o~porate aotLoeit~ t6ry e~ecated ttie ame and im- ;
praud tLe oorporate aat fae ebc pnrpaa tLerein espra~ed d etie ~et and deed of ~aid oorporanao.
IN Wl'1'NESS WHBREOF. i tia.e 6ereanr~ set m~, baod and af~zed m~ o~dd seal u Miami, P'lor:~da ~
,aid Cbu~ and st~e, cW 20th N F.it ,
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NOTA~ r11SUC. iTATE OF FLORIDA AT LARGE Naar~ Publk ' •
MY COMMISSION tXPIRES OCT. 6~ 19T2 ' "
~ONOEO TNROUON FREC M~ DIESTELMORST - : , ` - > ~
Mr ~ : L: s_ ;~t° ;
~ 3TATS OF ) _ - 4~ ~ • _ _ i
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COUN'I'Y OF I ~ ".s;.;~~.....-•~tr''
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I ABRBBY CBRTIIR. thu on ebn das peesoaall~ appcared before me. an offker dal~ autLoclsed eo admdni~cer oatL~ and tabe ao-
t~wied~menn. a~d M ~
known to be tLe peison daen'bed in and w6o e~ecuced tbe fore~o~in~ imuum~t and acicnowled~ed befoce me tLa
e~eented tbe wae.
IN WTITIB38 WSBRBOF~ I hare 6ereunto set mr 6and ~od affiud my oflieid ~eal at
said Comt~ aud 8cate~ tL» da~ of 19
Notsr~ Pnblk
lR~ Ccmd~ioo ezpiras--
~~x~.7~ ~2128 ;