HomeMy WebLinkAbout2054 ~
l9. That i( tAa mort~aae u ia coaaec~wn~v th cautructioa baa tinu?cina. tssa thh mottsyt i~ wbjeet /u tM Coo~ctio~ Loan
Agrcement datcd November 3~• lyb~ , betweca tl~e Utortaa~a and tl~s I~ort~yee aa eYecuted oopp ot vrhith b is
the poaeuio~ o( the Monpaee and 'u iacorpo~sted berrin by retercnce and made • part hehof; anr detau~t bp ~Iott~yor wrder aid ajrea
ment ~hall be contideced aa event of default uader tdis morep~e.
20. TAae t6e Morts~~or will oo tDe rcquat of tl?e Mortsa~se Eu~ai~b • wdtem ~tataocot of tse amouat owlc~ oo tDe obli~uion w6icb
~hi~ monea~e secura and tAe~eia ~uce whetser or oot Moetsa~or claim~ aar deEeasn o~ offua t6snto.
21. T'sat 1?tortsa~or r.il1 uoe permie ~or oe1e~ Iiem eo be fled .sai~e tM ~dd pre~nisn and if aoy ac6 licm ue (ilsd. wba6e~
paramsunt o~ subordioate to t6i~ moct~asq Mott~a~or will A~re ot cau~e to be had ~aid lien~ d'ucbarttd im~sediuelr.
22. 1lfong~Qce ~hell 6a~e tbe risst to e1~r Mo asor~ ~ccouat ~rit6 Mocts~ce for tbe iote~nt ~ad principal payasle a~ pra
ce ~e
.•ided in the pwmissory note u~ucL secoma dus io ~co~ ancs cheawite.
23. ]f tse ~tonsaQee requats, Mott~a~o~ lenbr oo~enaab aad a~ces tsat Moetta`o~ will furnish t6e I?tongaQee annually irora
che date of thi~ mortgage ioatrument~ ualea~ wme atAer dne is ~reed to betvran tht partia ia ~+ritin~. a cenifird audited finaacial state-
ment of the I?tongaeor aod ¦noual canplete oper~tins Nuaoeaq oE Monp~oot. If tAe MortQa~o~'~ fiual or caleodar yea~ shall tat coincide
witA tAe date 6e«in spccified, thco tAe dace wlics tde Moctpsce ~hall ~pecify sAall be ca?trollins. Mort~agor sAall supplr Moctga~ee witb
suc6 a6ee financial satemenb as Mottsa~ce enq frae tiae to time reduat.
Y~. IL If isfttd ~lil [IO~llfls Iltflll! t011W1!!d nor anr traauctaa re4ted thereto ~hall be oonstrued ar a opecate a~ b requite the
Mortgasor topa p interat at a tate ~eatet tAan it u now lawful in wch ca~e to contrut for, or w make aar psrneat or to do mr aet oootrarf
to law; tAat it anr clawa o~ pioviians hereia contaiaed ope~ate or would prospectivdp te to iavalidate thu Ir[ o~ said Note in
whok or in put, thea, such clau~a andp oalp ~hap bc ~eld for nauaAt, aa tAou~=aot herein coa~tained, and~ranainder d thit
Mortasae ahall remaia opcrative and in fuU
to•~rce~a.ud etfat.
25. That any and all award~ hereatter to be made by any authority in the exercisc of the power o( eminent domain, or any mutucipa1,
.•ounty, state or fedenl authoritia to the prese~t and all tubsequent ownen of the premi~s covercd br thu mortsa e. includina any award or
:?wards whether (or a takins of title to, possession o[, or any intereat in, the mort~aaed premises o~ any part ther~ and any award oc awards
rcr~i~•ed for damaRes sustained by ttrc mortgaaed premises or any part thereof or tor any change or changa ot Srade ot ttreep affectins taid
premisa, arc hereby auigned to the Mortsaaee as additional security Eor the {oan.
26. This mortgage shaU be corutrued as a securitp asreemrnt unde~ the Fbrida Uniform Commercial Code.
27. Other provisions:
IN WITNESS WHERfiOF~ t6e Monss~or eas e:ecu~ed t6cse presenn uader ual t6e daf and year tint above w~itten.
S;~td. sealed aad delivered i eke p of: ~ ~ ~
----~~~1 C~ ~A 3BAL)
~ v~:
~ , g? Q ~ , .t
~ - ~ - C. J. C1 k, J~~x ~ c~ Pre~,
Attat: % Q ` ' • `v-.' =
~ ~ _
2U'76~.1 ~ _ - _
~ ~!~f~~•
~ L f~-G~
fILED AN~ RECOR~EO ,:r~~i~,,;tt„~=` .
~ gT.NOCERCPIITRAS~~ • .
CIERK Cia~u~t Coupt aine B. Rosskamp, Superv~sor
RECORD VER:FiEO~-~ Housing Contract Administration
- ~2 AH'T I ~S~?L,
f tR
_ ~d~~
; - - ~r~E~ _ _ _ ~SEAL?
s ~
~ sT~rE oF__F1Qrida ~
~ co~~rr[~v oF Dade ~
~
~L ~
~ I HEREBY CER'I'!FY t~u oo t~u dar penoaallr appeand before me, an officet duly aut6orfsed to adminutcr oatbi aad tab
~ ,t~,~w..~~ag~r,,C. .T_ Clark, Jr_ Lumaine B_ Rosskamn n,~~,
~ ~ s isfan~Yice pres __,,,a S~~ v_ Housi.ng Contract A~gi~ GENERAL DEVSLOPMEDTT
~ CpRP.QBATIQN ~~laware ~.~;oq b me ..~tt tuo..e es be ttie penos. aacribea tn a.e R~v e~a~y~ed e~.
~ forcgo~nR mongage aod they duly ~ctnoRled~ed before me tbat aetios uuder dne o~rporate sutborit~ [~er e:ecu~,~1~ i~yme ri{A . is-
~ pre~xd t6e rnrporate ~eal for t6e porpaa t`ereia apre~ed as tbe att and dced of said corporadoa.
; IN VDITNESS WHEREOF. I ~a~e 6ercuooo set m~ 6aod ~od af~:ed mr offici~l seal u_1r! ~ ~ ~
a ~ April ~97 -t" ~ .
~ ~aid Countr ~nd &u tAis da of .:t . . - -
~ ~ - ~ C~L% / ~ r~''~,;~: <f'~. , : . . i : _
~ - - ~ -
:':,t-4: Pti$L{C. SIA1E ot flOkiUA -i i..~,'t Notary ublie j~ti ~c~'' u'~:~-
~ YY C06iY1SSI~N E7(PtRES fE6. Y2. 197~ : , •
Mr Canmiuioo e=pirs--- • ~ ~
STATE OF_~__
M
('(1CN1'Y OF--- )
j 1 HEREBY CERTtf'Y, that on this da~ penp~sll~ appcared betore me, an of~ter dul~ autboriscd to administer oatb~ aod take ~e-
~ toowle~~emeots. - and 1~ ~t
't lnown tn bc the pcrson described in and wbo eseruttd tbe fore`oio~ inatrumeot aad _ xtnowledsed before me t6at _
- ~:ecu•.d ~he ~ame.
'f:
_ IN WITNESS WNERF.OP, 1 6a~e bereunto set mr b~ud ~nd af6zed mr offielal ~sd ~t
.s~d Count~ and Sate, ~b~. day of 19_.
~
~
< -
~T Notaq Publie
~ My !'ommil~i~tf espirA'
~
~
e~oK 191 2049
- :f~
~ ~ '
~~re. . . . . ~~"4: •._i+a~