HomeMy WebLinkAbout0013 19. If the Mo~tgagee ~equests, Mortgago~ will fumish the Mort~aqee annually from the date of this mortgage in-
strument, unless some other date +s a~~eed to between the partias in writing, a cert~fied audited financial stateme~t of the
Mortnager and annual complete statemanls of Morlgagor. if t`~~ ~SAorlgagor's fiscal or caler.dar year shall not coincide with
rhe date here+~ sp~ified, then the date which the Mortgagee ~hall spc~cify sha~~ be controliing. Mortgagor shall supply
Mortgagee with such other financial stateme~ts as Mortgagee may f~om time to time ~equest.
20. No right o~ remedy provided he~ein for the Mongagee o~ provided fo~ the Mo~tgagee in th~ note secured
herebY ahall be exclusive of any other of said rights or ~emedias. All ~aid rights anrl remedies shall ba cumulative.
21. It is understood and agreed that this mortgage is given to secure, i~ additio~ to the note or obligation above
described any additionai loans or futurc advar.ces made within the terms of this mortgage loan to said mortgagors or any suc-
cessor in title of said mortgsc~ors of the prc+perty hereby conveyed; pravided ~hat tt~e total unpaid balance of the incisbted-
r.ess seu~red he~eby at a~y one time shall r~~t excsed tt~e original principal amourtt of tfiis mortgage plus interest thereon
and any disbursements made by the mortgagee for the payment of taaes, Ievies, insurance or othe? charges on the propert~
encumbered hereby, with interest on such disbursements.
22. This mortgage is subject b the terms, provisions and oonditions of that certain,~:onstruction loan Agreeme~t
dated A,R , and said Construction loan A~reement is by refe~ence inm~porated
nerein and made a part he~eof. Default in the te~ms of the Construction loan Ag~eement sha11 oonstitute a default under
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the mortgage.
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IN WITNESS WHEREOF, the Mortgagor has executed these presents under seal the day and yea~ first above written. -
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,•~g~ed, sealad and dellivered the present of: , ~.l
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ei S. Bu , a sing e man
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~ , . ussell K. Burd, II ~
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STATE OF ET nATnn 1 -
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' ~OUNTY OF PAIM BE~ACH 1 }
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E 1 HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer oaths
€ Neil S. Bl1rC~ end Rn~~Pll K Rnrr~ =T
~ and take acknowledgementl~, ,
R - and $.r$y~ p{ Fnri- Pi prc~P F F1 nrj,cla
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~ icnown to be ihe persOn 4 c~s~ribed in and who executed the foregoing instrument and acknowledged before me
~ that ~~C.:tb
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~~c~lbd.ffie.s~lme.
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IN I~f~A1~$S;VI~Eh~i?R,1 have hereunto set my hand and affixed my official seal a+ T~~~4~~~,= .
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said Cour~;an~3ts¢e,~is
~~~i day of June , 19~.
a a a ~
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j~. ,~"b~.:~~~~/f L~ Notary Publit ~
My Commisslo~q ~ l .
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STOTE OF ~
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COUNTY QF )
~ I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer aat~s
~ ~nd take acknowledgements, and , respect+vely
and _ of
_ , a corporation, to me well known to be the persons described in and who
executed the foregoing morigage and they duly ncknawledged before me that ading under due wrporate authority they
Qxecuted the same ar~d impressed the Arporate seal for the purposes therein expressed as the -act and rleed of said co~-
poration.
IN WITNESS WHEP.EOF, I have hereunto set my hand and affixed my official sea! at ,
said Counry and State, tF~is day of , 19 .
bOflK ~ P~ -
Notary Public
_ 5,1y Commission expires:
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