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19. Tlut it thii mo~t`sae u in connection with con~tructioa loaa tinancins, then this mort;ase iu subject to the Co~tttructioa Loan
Agreement dated . between the Mo~tsaaot and ehe Alortsasee. an eacecuted copy ot wAich u io
~Ae pos~euion ot the Mortaaaee and 'u inco~porsted herein by ~derence and made a put hereot; anr default bp Ii[o~aaot under raid asree-
ment ~ali be co~uidered an event ot de(ault unde~ this ua~t~ase.
20. Thst tae Mon~a~or wili oa tse requat of the Morts~~a tu~ni~h ~ arittea uateroeot of t6e aroount owias oo tse obli~aion wAic6
~hi~ mortQaQe ~ecura and t e~ein uate wrbet6s~ or oot Mon~asor claim~ any defenses or offsm t6rreta
2i. TAat 1?fo~~tago~ will uot permit aar othec lien~ to be filed ~~aiost t6e ~aid premise~ ~nd if soy ~uch licns a~e tiled. w6ethe~
param~uat or subordioate to t6i~ mort~ase. Mort~s`or will ha~e ot cauie to pe S~d said Utas di~cAarQed immcdiately.
2:. Atoregagee ~hall bave tbe riQ6t to c6ar e MortRaeoi• accouat Ritb MortQasee for t6e intcrat aud principal pa~sble a pro-
.;dcd in tAe promi~sor> noce u~uch becoma due ~n accordac~ce t6uev~i~e.
23. tf the ~tortdagee requests, Mo~tQaQor 6ereby covenanb and agrees t6at MortQagor will fu~ni~h the l~tor~gagee aonuallr (rom `
che date of thi~ mortgage irtstrument. ualess wme otAer date is ~~retd to bttNten the partid in writinQ, a«rtitied audit~d (inancial ~tate- '
mcnt of the rtongagor a~d annual complete operatin~ satcmenb of Mort~a~or. If the Mon~~~or's fixal or calendar ~ear ~hall not coincide ~
.•it6 the date 6er~in specified, then t6e datt w6ic~ tbe Mort~asct ~6a11 •pecify shall be controlling. Mott~aRor shall supply Mortgagee RitA ~
~uc6 aher financial ~tatemena as Mort~a~ee roay iran time to time requat.
:i. It is agrecd that nothina herein contained nor any transaction rclated theteto il?all Ae contt~ued or w operate as to rcquire tAe ~
~tortgagor to pay interat at a rate arcater than it is oow lawtul in such ca~e to contract tor, or to make anr pannent or to do any ut conttary ~
~o law; that it sny clauses or proviiions herein contained operate or would prospecti~~elr operate to invaGdate thu Mortaase or said Note ia ~
whole or in part, then, suc!? clauses and pwviiiotu onlr shall be AeW for nwsht, as thouah not hereia contaiaed. and the remainda of tlw
Mo~taage shall rcmain opentive and ia tuU torce and ef(at. '
'~S. That any ~nd all awards her~attt~ to be made by any authority in the exercise of the power o( eminent domain, or any munic~pa1,
ruwih•, sta~e or (~ei~ral authoritia to thc present and all subsequent ow~en of the pr~mises co~•ered by thu mortgage, includinS any award or
.~~•ards whcth~r (or a taking of title to, posussion u[, or a~y interest in, the mortqaqcd pre~~ises or any part the[eo( and any award or awards
r~•:eived (or dama¢es sustained by the mortqaRed pr~mises or any part thereo( or tor any change or change~ o[ ~ade ot streets at(ectina uid
pr.~inists, are hereby assigned to th~ Mottgaqee as additional security Ior tht loan.
26. This mortgaqe shall br construed as a secu~ity agreement under the Fbrida Uniform Commercial Code. (
21. oche~ Pro.~on.: Any default in the first mortgage encumbering the property covered
hereby shall constitute a default under this mortgage, and entitle the holder ther~of
to pursue any remedy available for a default hereunder. .
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IN WITNESS Wt1EREOF, tAe MortQa~or 6» e:ecutcd thne prexnn unde~ scal t6e day aad ~~ear Iint abo~i~~? '
1•`~`4 , .
Sigacd. seslcd and dclivereQ~in t6e reieace~f: ~T RRTRO s . ;
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Attat: f ''i;iil •
~ r~' ~~es:t,
Secretar~• - - - ~
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( SF. ~L)
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~ -1SE1L1
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~ STATE OF __-~I.QRTI)A ) _
' COl'NTY OF ~~E 1 ~
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I HEREBY CER'I'[FY t6u oo tris d.r ye~.oo.~~y appeared bcfore me. ~n officer dulr ~ut6oriud to administcr oat6s aod aks
' aclno~.ledgcments. _._NSL G. Harrison, jr. ,~d G. Fernandez , ro,~.~,
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President _,,,d Secretary of NAT HARRISON ASSUCIATYS~ ZNC_,
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~ • Fl nri da co~pontioa, b me well known to be tbe pcnom deseribed in and wb~ ~c{tWed tbt
r~.rego,ng mor~gage and t6er dulq attooRledaed before me tbat aeting under due oorporate aut6oritr tLe~ e:ecuted tAe,~apie' iad (o• ~
praxd ~he rnrporate seal for tbe yurpasa t6ercin e:pre~ed a tbe ut and deed of ~aid rnrporation.
¢ 1N WITNESS WHEREOF. I ha~e 6ereunto ut m~ haod and affi:ed mr of~eid ual at _~lami C`
~ ~aid Couon• ~nd State, ~6is _ 26~_- daJ of ~lOridB 19~. - ~ ~ ~~'4~ ~
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G/ - - ~ .
~ :va.r. Public, State of Floriq •~R ~ ~ -
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_ ~1~ Canmiwioo e:plra~ IWTA~Y WlUC.:TAiE Oi f~0910A AT"i~ , ~
_ MY COMMISSiON EXPIRES 1UNt 21~ ~~J r y '
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STATE OF- - _ ~Ohoto TH~ovo?e rwco w. oiesTC~tioRA• ~
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'i C'n[' V7'Y OF - - --1
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~ 1 HERERY CF.RTIFY, r6at no th+a d~? peraonall~ sppe~ced before me, an offiur dul~ autbori:td to adtnini~ter oatm and t~kt at-
~ tnowledgemtots, and - - t~ ot
.-own rn be rhe p~non dcxribed in and wbo e:eeuted t6e fore~oing imtrumeot aod _ uknowledged before me tbat
_ .i.c~ •~~1 th• ~ame.
~ 1!ti WITNFSS WHERFOF, 1 6a~e bcreunro ~et my 6sod ~nd a((i:rd mr officisl ~ea) ~t _ . _ _ _ . _ _ ~ }
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_ ,a~d Cnunty and Sta1~, ~hi~ _ day of - - - 19---
Naar~ Public
~ N, [:ommi~i~m eipires _ _ _
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