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14.3 For any sums advanced by Mortgagee (other than an
optional advance of accrued interest~ as provided in the Loan
Agreement) for the curing of any def~ult or Event of Default .
under the terms of the_Note or the Security Documents, or
for the payment of any ~mposition by Mortgagee or for the
performance by Mortgagee of any of the Obligations of
Mortgagor, Mortgagor shall pay to Mortgagee, in addition to
any interest which may accrue on such sums advanced as provided
in the Note and the Security Documents, an additional charge
(the "Additional Charge" ) equal to four ~percent (496) of the
amount so advanced if Mortgagor shall not have repaid such
sums to Mortgagee within 30 days of the date of such advance. :
Any sums so advanced, together with interest thereon as
provided in the Note and ~he Security Documents, and the
Additional Charge, shall be evidenced by the Note and shall be
secured by the lien of this Mortgage. Any failure by Mortgagor
to pay the Additional Charge, shall-constitute an Event of
Default under Article 6 of this Mortgage.
14.4 RELEASES. Releases from the lien of this Mortgage
shall be granted in accordance with the provisions of the
; Loan Agreement.
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? 14.~ PREPAYMENT. The Note may be prepaid only in
i accordance with 14.4.
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~ 14.6 The follawing shall be added as an additional Event of
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~ Default under Article 6: Any default by Mortgagor under that
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~ certain Purchase Money Note and Mortgage dated September 4, 1973,
~ and recorded in Official Records Volume 218, page 718, public
~ records of St. Lucie County, Florida.
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~ IN WITNESS WHEREOF, the undersigned have executed and
~ ~ delivered this Mortgage the day and year first above written.
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~ Signed, sealed and delivered BEA CLUB EVE PMENT CORP.
~ i e pr e of : ~
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Its esident
ATTEST
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As to each Club Develo Its SecrO~ C`~..
Corp. ti ~.4~ •`.l~;
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