HomeMy WebLinkAbout1146 ~
19. 'l~at i[ aart~a~e u ia oomec}~av~ th cowuuctioa baa finaacins. cLea tlw mortpse u~u~ject ~o the Coa~tcuctioa Loaa
Aa~nt daced ~OVe1riD@t 3, ly6`~ . eceween tAe ~lortaa`or aod t`e l[o~qa~ce, an acecuted aopp oI which p ia
~e poawan ot the 1~[o~a~ee aad is iooo~porated hee~in bp rdc:eacc aad ta~de a put dereot; anr detault bq llat~a~or uada said apea
ment ~hsll be co~uidered aa eveut ct defadt uoder t!w mortp~.
20. T6u tee M will on cAe ceqeat of ~?t~~ furnish a wdeteo aataoeut of tbe amouat owios oo cAe obli~uion wSicA
~6ia mort~s~e ~ecura aad t reia nate w6sthe~ or oot Mo~y~c-eiaim~ wr delease~ or offsea tbere[o.
21. 'I'~at rta~~aeo~ will oot pcc~oi~ ae~ oeler Gee~ ee be fikd ajaisn ehe aid ~eemi~a aad if any wc~ liaa arr iilcd, wbet6er
param~uot or ~ubordinate to eW mortsase. Moreja~ will Aa~e o~ uuse to pe !ad ~aid lied di~c6aned imraediatel~.
22. I~fon~aece ~all 6~~s tse ri~tt eo e6a~e s~ceouat wit! Mort~a`ee foe the inten~t and pripcipal pa~•able a pw-
vidcd ia the pmmissorr nae ~s suc6 Decoma due Is aaes trcreRit6.
23. If t6e ~longaQee requats. Mort~a~o~ leteer co~eaanb aad agrets tbat Mort~aaQo~ wi11 fu~ais6 t6e 1Nongagee annually fran
c6e date of ~hi~ mortgage iast~umcat~ ualess sase ot6er date is a~~ted to betK'een t6e pa~t~a ia wridn`, a cenified audited (inancial aatc-
iaeat of the 1?fongago~ aad aaaual complete opendns statmeob of Mort~aaor. If tAe Mortea~or's tiual or calenda~ year shall aot co;ncide
with t6c date Serrin specified. then the date wlicb t\t Mort~~te t~all ~paifv shall ~e coatrolliat. 1?tonQa~or sAall supplj Mo~a~ee wit6
suc6 ot6er ~aancial statemeats a~ Mo~a~e mq iros tine to time ~Muat.
24. It u asreed that rattue~ 6erria contained nor an~ traa~action related theceto tAall be coaarued o~ w operate a~ to requin the
Mortaasoc w par interat at a nte sreater than it n noMr larr(ul ia wc6 case to coauut tot, or to male aay papment or to do aar act eaatraqr
to law; that if an~ dau~es or provisions 6srein contained operate or would prwpectivelpope
nte w iavalidate thi~ ltortsase or aaid Note in
to
whok w ia part, thea, a~ch clausa aadprovwo~ oa1~ aAaU be l~eJd for nausAt, as t4ouauah aot 6ereia coneained. aod tLe remainda d tlw
L[ortsaae shall ceaain operative and in tull iwne aad eHett.
2S_ That any and all award: hcreafter to be made by ar~y authoritq in the eaercise ot the power ot eminmt domain, or aey muruu ,
county, state or federal authorities to the present and all subxquent owners ot tAe premises co~Ynd br thu mortaaae, inctudina aay a or
awards whether for a taking o[ dtle to, possession of, or any interat in, the mortgaaed premises or anY part thereof and any award or awards
~erei~•ed for damages sustained by the mortgaged premisa or any part thereot or for any chanae or chanaes ot ~ade ot streets attectina uid
premises, are hereby assi~ed to the Mortgagee as additional securiq fo~ the loan.
26_ This mortaase shaQ bc rnnstrued as a security aareement under the Florida Uni(orm Commetcial Code.
27_ Othu provisiau:
1N WlTNESS WHERfiOF. tde Mon~a~x Sas e:etuted tAese presents uader sea) c6e dar snd ycar fint abovc writtee.
- titt:a;; ~d. ~
Sitned, and delirered in tLe prtsa~ee ef: ~ Ggj~j~L DEVELOPMENT
( j-.
; ~ ~ _
• ~.v-r ~vs~~' .
g~~ fi ..,r:r.
~C~
~ _ W. C. Bevan, Jr.,; ~qeX
- Attest: , ; ~ U _ ..t,~..
x L ~4~vr:'.
` O~ ~ ; t
• ~'R~i~. ~
i~lEfl Ax0 RE~a~~~ ~ -
Il0 Ea
Po?Tlt~~ L"~ L aine B. Ro !'~.,,fQpi~, •
CtERI~ ~~A~U~ Housing Contract dminl~~,'~.
RECORO YEA:F~EO
_ _ _ ll Q SS (SF~L)
i
r
` - ~SEAL?
€
~ s~rwrE oF F lorida ~
~ cotTwr~r oF Dade i ~
i
~ 1 HEREBY CER'TIFY tl~ac oo ~Lis dar per,oaall~ spreaceJ before mq an offiar dulr ant6oris~d to administcr oat6s and ake
~ ackno..~edgemenes, _ W_ C_ Bevan. Jr. Lumaine B. Rosskamp ,,yq~~,
~ j!(pr~~qg ~ffi ~_L_ v_HQ~s~ nq Cantract Adm_ of E ~
CORPORATION , Delaware oorpo~rat;oq ~o me ..e11 tnows es be etie peisoo. darn'bed i...a''~1o ~r`~.`~
~ foregoing mortgage aad ther duly ackno~sled~ed before se that attin~ under dne aorporate autborit~ ther e:et~te~' ~lie ~/ipe~.i~ •
presxd c6e oorponte scal for t6e pnrpwes tkereia upresed as t~e ~cc and deed of ~aid corporadoo. ~~~a~::"'~- ti'. '
~
iN WITNESS WHEREOF. I 6a~e l~ereao~s set ~ 6and ~od a4~i:ed ~a~ off'~cial scal u-~l~i f~ .OY? ~ y=
said Couat~ ~nd &ate. t6is 29th d=~ ~ AYlril 14~~, , - 1'' v ~ . ~ - .
~ ~
= 1~ ~ ~~f~~-4t ~ - :
~ ~ _
a
~ . Publie = " J'~ ` 2 t ` . -
TARY FJBUC. Ci~TE of fi.i ~~DA sf~J~li~r -~;;~jQ~,'••`s~~`
Ny Commi»iao espira _ - ~w~~'~ - . ~ '
~ MY COMMISSION EXPIRES Nt1Y. 16t 141~ ~
" STATE OF )
~
~ CnCN1'Y OF - )
~
~ I HEREBY CERTIFY, t6at oo c6is da~• perwnaq~ sppeared before me. an officer dul~ autborised t~ ~dministcr oatd and taiu ae-
~ taowled~aa. aod b st
~ known ~n bc ~he pcnon describcd ia and wbo e:ecuted tbe lore~oiog inurument and _ actnuwledged before me tLat
~ e:ee~~s~.l the ~awt.
~ IN WITNESS WHERFOF, I ba~e 6ereuaW set m~ Aand tnd affiud mr offic;at ~eal at
~
~ e~id Count~ and State, this dar of 19_.
~
Natar~ Publit
My Cummision e:pires•
~ a~ 1y2 ~44 '
~
~,x ` - - - , ~~:X.
_ y~~ j ~s~~
~ ~ ~ ~ ~
. ~ ~ ~ ~
- ~ ' - _