HomeMy WebLinkAbout0043 24. Mortgag~or ehall provide to Mort e, within niuet~ (90) dqye after the
end of ee?oh fiscal year of I~iortgagor ~aalendar year if Mortgegor hae no ~
fisoal year), s ar+orn itemised atatement of armual inaome and ezpenaes and
productiou by varietiee in reaeonable detail related to the MortgAg+ec1 Premisee.
25. In the event that ar~q Ormer of the Mort~ag+ed P~remises, or of an~r fnterest
therein (including any 3oint venturer or general partner of a~r suah OMnsr aa
m~r be a 3oint veature or geueral mc liaited part~ne~ebip) or BAb'T COAST PA~3, -
INC. or JAt~S P. COHD/~S shsll file, or t~h,ere ahall be filod agaiaat euah Owner,
. or person~ ~oint venturer, or g~eneral partner, durit~g the period af hie orae~
ship, a petitia~ in bantruptay or iaaolvenay or a petition ar anarer eeeking a~r
rearganisation, arrang+ement, aaanpoeition, reaa,iuetnent, liquidation, diasolution, .
~ or similar relief under the baalavptay lawe of the IIni.ted States or wmder aqy
other s~ppliaeble Federal, ~tate or other atatute or law, or a reaeiver, ir~stiee
~ or liquid,ator shall hav~e been appointed ~rith reepeat to ar~y euch o~+ner, or per-
~ son, ~oint venturer or g+eaneral partner or all or aRy eubetantiP.l part of enoh
awner'e, person's, ~oint vea?turer's or g+eueral partner's property, then in ~
such event Mortgagee me~y, at its option, deolare the principsl of th~r 8ote hereby
seaured aad then outetsnciing to be due and pqyable ia~ediately; aad upoa~ suoh
dealaration the eaid prinaipal, so dealared to be due aad p~}rable, tog+ether f+ith
the in~erest aaorued thereon, sad together rith aor~y other eume eecured hereby
ehe11 beco~e aad be du~e and pa~yable i~edia~ely, ~+ithout alleging or ah~wing
ar~}r impairmeait of Mortgag+ee's security, ar~rtbing in thia M~ortgage or in eaid
Fote to the contrary notwithstanding.
26. The covenante and agreemente herein aontainsd ehall bind aad the benefita
aad advaatag~ee shall inure to the reepective heirs, ezecutors, administratore,
suaaeeeors and asei~e of the parties hereto. ~iherever used,_ t~ie singul$r,z~~On-
ber ehall inolude the plural, the plural the singnlar, and the uae ot ~~g+e~d~'~;
ehall be appliaable to"a11 g+endere. All covenaute, agreements end wt~ei~~~~~~,.
ehall be ~ oint aad aeveral . - , t~~. . . . , . , ~ .
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IA ~IITFESS ~dF, the eaid Martgag~or hae 8 s haad snd seal b~ da~`
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~ ERST C PACRERS, ; " S . .
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COUN'i'Y OF ~~~d1 ' , Z. s,--,
P Y PP COlIDAKES, to me~~;;•., r
I~R,EHY CERTIFY this date ereoaall a eared JAMES P. . f.
to be the pereon deeeribed in aad ~ho-eaeeeuted the foreg~oirig inatruse~;~a~ir .,~;:r.
aclmrnrledged t~he same before we, Nitnees ~r hand aad of~iaial seal ~ i~;'~ ~ "
~ r aY*~~`~~.
coLmty ar~d etate above thie _~~?'~'h day of 1~'(: -~j
~ Mo RE~QlIOEO • ' ~ = r~
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~ m ise fori ezp ires: ~
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l~tE C O i i n T T flA. F...
1rbCtR /OITRA~ • ' t ,
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j r c. ~ 2. 1 q g ~ CIERK OIRCUIT ~Olillt R
o t b i .
~ 'r~~er- Y~RIfIEO~ "
STATL OF FI,ORIDA
~ COUNT7t OF ST. LIICIE ~ . ~
J~ R 1! s~ RM 11
~ I~SY CIItTIFY thie date personally appeared ~~~r~r A R~ A. ~ G~' N and
~ ~ l ~ j~ f} ~ L>, ~ C A M to me Irnown ar~d ]moun to be the officers described in and
~ tirho ezecuted the foreg+oing inetrumeut a+e Preeideut aa~d Secret~sq,
reepective~y, of the corporation n~med thereia, aad aeverally aclaiovledged bqfore
me that they ezecuted the eame as euch oYficere in the name aad on beYia~f~0= the
corporatio ~fitneee u~r har~d ewd o~~iuai~41, aeal in the county aa~d at~ifiit 1sbDre _
this da,y of June, 19'{~:.••`''~~`~~;:3.~%,~''~. ~ ~.•r'
~ ti `-.i~ ~ - y~ - ?
l+~r Commieeion Eapiree: ' - i• - HO a1"y R1b1~~'" ' - . •
;J :.3 ~ : '1 ~
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, ~:+~r~nr n,~.re si~h ac Ra~oj;~r~•;~ , ~ ,,Jf;j~
(1 " fl~' ~CO~~MISSION d~IRL: A?! t~c t~ ' ~ 9. .
Ee ~ ~6'9 ~A~E ~ ~ n.u c~r+~w, ua. u~.xi~:.;bEi~
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