HomeMy WebLinkAbout2382 AODENDUM
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AD~ENDUN TO MORTGAGE OATED THE,~ DAY OF JUNE, 1975
BY AND BETWEEN ST. LUCIE DEVELOPMENT CORP., MORTCNGOR,
ANO SIMCINS INVESTMENT CORP., MORTGAGEE.
8. In the event Mortgagor shall sall or transfar the m~rtgaged property without
the writta~ consent of tha Mortgagee fTrst had and obtsined or shall be divested .
of title to the mortgaged property by Judicial sale or othar similar proceeding,
tha entfre unpaid balanca of principal and accrued Tnterest shall at the optton
of Pbrtgagea become immsdiately due and payable without notica.
9. Releases may be obtained from the lien and encumbrance of this Mortgage upon the
payment of SEVEN THOUSAND EIGHT HtNIDREa TEN AND 00/100 {57.810.00) DOLLARS pe~
acre to be reteased. Property reteased under this paragraph shall be contiguous
to property praviously released and no property released shall have the effect of
cutting off the balance of the property from access to either public streets,
water lines, sanitary se~wer lines or any other utilities. Any and all release
documents shall be prepared at the expe~se of Mortgagor.
10. Any default in those mortgages listed in Exhibit "A" shall constitute a default
of this mortgage.
8~~~ 2~5 P~2379
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