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~ encumbers all of their right, title and interest in and to the
real property and leases referred to in (a) and (b), to the same
extent and with the same force and effect as if Chey executed
the Note secured hereby at and before the execution and delivery
of this Mortgage to Mortgagee, and~(iii) that sufficient and
adequate consideration was furnished to them by Mortgagee for
the execution of this Mortgage and the crention of the lien of
this Mortgage by them, and (iv) that upon a default in this Mort-
gage or the Note secured hereby Mortgagee, its successors and
assigns, sha11 have all of the rights and remedies which Che law
and this Mortgage, and the Note it secures, permit, as long as
s uch rights and remedies do not include or extend to the seeking
or obtaining of personal liability against Robinson Callen, indi-
vidually and as Trustee, and Charlotte Callen, his c~ife, and
I.an3mark Villas, Inc. Nothing herein contained shall be construed
as relieving B.D.B. Development Corp. from its personal obligations
under Chis M~rtgage, and the Note secured hereby.
Section 3:1 2. If a party desires to give notice to the
other, such notice shall be in writing and it shall be deemed given
when it shall have been deposited in the United States Certified
Mail, Return Receipt Requested, addressed to the party for whom~it
is intended at the addresses f irst hereinabove noted for Mortgagor
and Mortgagee. Nothing herein contained shall be construed as pre-
venting the parties hereto, respectively, from changing the place to
which notice shall be addressed, but no such notice shall be valid
unless it is given in accordance with the terms of this paragraph.
Section 3.13. All of the grants, covenants, terms, pro-
visions and conditions herein shall run with the land and shall
apply to, bind and inure to the benefit of the successors and
assigns of Mortgagor and the successors and assigns of Mortgagee.
Section 3.1 4. Whenever the text in this instrument so
; _requires, the use of any gender shall be~deemed to include all
~ genders, and the use of the singular shall include the plural.
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~ Section 3.1 5~. This Mortgage may be executed in any
~ number of counterparts, and each of said counterparts shall for
~ all purposes be deemed to be an original; and all of such counter-
~ perts shall together constitute but one and the same Mortgage.
~
~ In Witness Whereof, this Mortgage has been duly executed .
by Mortgagor as of the day and year f irst above written.
Signed, sealed and delivered B.D.B. Development Corp. (Seal)
in the presence of:
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~J C ~ ,~.~,-rc~r~~--~ g~ " .~Q
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~ President
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~ Attest:
f~ ~(As to the o f3icers of R.D.B. ~
Y~~ D~velopment Cdrp.) ~ ~
Secretary .
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