HomeMy WebLinkAbout0501 19. If ths MoMflagee roquesn, Mort~agor will fumi:h the Mortgagee annually f~om the dats of this mortgege i~-
stnime~t, unless some othar date is agreed to between fhs parties in writing, a cenified audited financial sfatem~nt of ihe
Mo~tga~o~ and annwl oomplete statements of MoNgago~. If tha Mortgagor's fiscal or cale~dar yea~ shall not coincide with
the dats herein specified, then the date which the Mortgagee ahall specify ahall be controlling. Mortgagor shall supply
MoM~agee with such other financial statemenri as Mortgagee may from time to time request. •
Z0. No right o~ remedy provided herein for the Mortgagee or provided for the Mo~tgagee in the nob secured
hereby shall be exclusive of a~y othet of aaid righri or remsdies. All said ~ights and ~emedies shall bs cumulative.
21. It is u~derstood and agreed that this mortgage is given to secure, in addition to the note or obligation above
desuibed any additional bans or future advances made within thc terms of this mortgage loan to said mo~tgagon or any suc-
cessor in title of said mortgagors of the property hereby conveyed; provided that the total unpaid balance of the indebted-
ness setured hereby at any one time shall not exceed the original principa) amount of this mortgage plus interest thereon
a~d any disbursements made by the mortgagee for the payment of taxes, levies, insu~ance or other charges on the property
encumbered hereby, witfi interest on such disbunements. .
22. This mortyags is subject to the terms, proviaiona and oonditans of that ce~tain Construction loan Agreement
dated , and said Construction loan Agreement is by reference inaorporated
herein and made a pa~t hereof. Default in the temns of the Construction Loan Ag~eement shall aonstitute a default under
the mort~a~s.
1N WITNESS WHEREOF, the Mortgagor has executed. these presenia under seal the day and yesr first above written.
Signsd, ssaled and delliverod in fhe present of: .
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. _ PIONSSR INVSSTI~~N'rS, INC., A
FLORIDA CORPORATION
(Corporate Name)
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STATE OF ~ , .,~C' ~
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i COUNTY OF ~
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k I HEREBY CERTIFY that on this day peraonally appeared before me, an officer duly authorized to administer oaths
~ and take acknowladgements, and
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known ~o be the peraon described in and who executed the foregoing instrument and acknowledged before me
that exewted the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at ,
said County and State, this day of , 19
~ Notary Public
My Commission expires:
STATE OF ~
COUNTY OF p~'M B~~ ~ ~
I HEREBY ~ERTIFY that on this day per.~onally appeared before me, an officer duly authorized to administer oaths
and taks adcnowledgements,~ENCER T_ ~I~T, JR.nd WILLIAM J. BOSSO respectively
President and Secr~srY of PIONEER INVESTMEN'rS. INC.
a~+0~~ corporotion, to me well known to be the persons described in and .whe
executed the foregoing mortgage and they duly acknowledged before me that ading under due corporate a. _-`.fhey
executed the same and impressed the corporate seal for the purposes therein expressed as the act and.,deed.o~,u~~
poratwn. . F ~ ?
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West % ' .'"r
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at Q~~
said County and Staro, this _1@~ day of ~y - , 19
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NOTARY PUBIl~ STAtE OF ftORIDA A1 URGE . .
MY COINN.ISSION EXPIRES JUNE 26. ~~ti • `Notery p~iblic ; ~ • :~s. • ~
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