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- i6.. When shy atctouat of tnonay to bt paid by thv Trtv~stgasor to the ld~~se wader t!u term: hereof tltaU be in dehuit, of
' ~ 'shouts the Mortgagor default ih nay of
the tena~ prarisioos or conditions of ties 1r[ort~e, then and in that csse the Idor~ce
dca)! havetbe tight, without. aotic* tQ thr lortgagor, to called gad receive fcotn anf. tenant or lessee of said mortgaged premises
the reaps issues and puts of the seal estate hereby mortgaged snd the impcahemencs thereon and to give proper raeipts and
aequittattcea thecefoc, attd after paying all comtnWions of any reabl sgene ccuattag the same, and any reasoasbk accorttey:
fees and ether necaeaq expenses incurred io eolloctitq same. ao apply the proceeds of sorb calkctiort: open nay indebts.
oblisstian or ltsbUtq, of the Ma:tgagoi hsreundec. The right gcaated rite Mcxtpgee under this paesgraph shall be in addition tOr
and shall cot limit or reatrict any other risht or rights granted the Mortgagre iA tbb Moagage:.
iy." . That is cbe eat that this idort~e is gtvea too ttcure a consauccion loan, failure oa the put of the 1?tongagor or ~?e
Mortgagor's contractor„ architect. eagiatecs, or sub-coutraccoa co comply v?td~ the terms of the Construction Loan Agreement
dated Jul)r 28,~ 1979 ~ ~ ~hkh is by refEreace incorpoated bereia, shall. ac the option of ' " -
the Alottgagee, constitute a default hercuade~ '
I8. IntheehentthaccheMortgagormakapaycnentbycheckorcheckstbactheNorcg;go:hashiledtoproperlyeadorse. the
Mortgages: does hereby appoitic the Moctpgee a; its attorney-itafact to wpply on behaU of the Mortgagoc say stwl ail eadorsa
tncnts aecesary to ttesottste said check a checks and the Mortgagor sprees m hoW the Mortgages harmless from.aay tiabiliq
whatsoever foe st~plyias sad endorsement. Ia the event the Mortgagee-shall cash a check for the Mortgagor and same shall be
returned for iresttQielsnt funds of any other reasogso that the Mortgagee is unable to collect its money. then the bortgagor
hereby authorises the Mortgsget eo add aid sum to the pdncipsl balance o[ this Mortgage and aid sum shsU be secured by sad
Promissory Note and Mortgtrge as though it eras an additional adrartce under the cernts and cwiditiorn of this Mortgsge.
- t9. IT IS 1`UTtJALLY QONVBNANTBO AND AGREED by gad between the purses hereto that upon request of the
I?torcgagor, the Mortgagee taay hereafter, at it option. at anytime within ten (sit}-years frotes the dace hereof and before full pwlr .
meat of this Mortgage and Note(s) secured hereby. matte further vlhaaces to the Mortgagor and nay such further advances, wick
interest, shag be secuctd by this Mortgage and shag be ehidence3 by as additional Nose rhea uapaid.'turd the tool amount of -
itdebtedaess that may be secured br this Mortgage easy dercease oc increase from time co cimG but theme coal utip~ad balance so
sauced at nay one tithe shsl!-not exceed the ~ principal sum of i NSA - - , togecbec with
ia:erest thereon and any and all disbursements made by the pr for the paytaent of atces.lerrks. or iusucance on'tlte pro-
pertycohered bythe lien of thb Mortgrge with intere:tons+waeh d~uisetnena at the sate specifud is tires Noce referred co inthis -
Moregage. and for reasonable attorney's fees and court coaa.iacurced is the collection of nay or all of such sums of money.
IN WITNESS WHEREOF; ,the .sad Mortgagor has executed this mortgage wader sal ~n the day and yew herein
fast ibohs wri~oaa. _ `
Si sealed gad tiered in the presence o1: -
~ - _
- C~ ~a
• -George Harris,. Jr.
t
-
A
~T -
STATE OF Florida ~ YERIFIED.._.
COUNTY OF Karon ~ _ _
Before tae appeared GBOBGB W. HARRIS, JR. s` a ain~le teen
_ i~~r. .
tip .
rroe~a~, ktw!trn and known w ate {to be the individual.., described is and who executed the foregoing instrument.
~ l~efoze tae that =he_ executed the same f the purposes therein expressed.
~ n~{*r_ my hand gad official seal this day of January ,9 80
- - .l,r _ _ - - _ , G -
` : Noary Public in and for - - - - .
,
_ > • ~ ~ JAN 25 ~ 32 -the County and State~ttvresatt!`-
~ - , tao~war ta,totee srwh of tiA~IQA ar uucls
,
..a_ REC01El1El) - I•iy commission expires: gC]Mt1NtSSrOS#-t70'1tS I~pa_ 18 t9ti3
t ~,..5"~'~Yp aiT~aSA• ~s•i> s-HVrr ~~F~~ tt~rs. t,~-xcwrrrFls
( Before m rsonauy appeared -
and to me well known and
! knovm to the to be the resident and ~ - - - _ Secretary
respectively of .the corporation -
named in t?te foregoing instrument, and k n to me to be the persons who as such officers of aid corporation, executed
: - - -
i
thr samr, and then and there the said and the said -
~ did acknowledge before me that said
instrument is the free art and deed of said corporation by t respectively executed as such officers for the purpose
F ~ therein expressed; that the seal thereunto attached is the corporate by them in like rapacity ailixed; all under authority
in then duly vested by the Board of Directors of said rorpotacion.
p
~ i WITNESS my hsnd and official seal this day of - - 19
6~ _ -
i ~ _ _ _
~ Notary Public in and for
4 the County and State Aforesa ~
i
TNIS INfTRVYENi rgtvAl.¢o i1r - 111y commission expires:
~ JUDITH B. ROWELL, /?r38T. V.P. - -
('IIF.LKSA TrPI.E dt (3UARA~P[T CO. -
o. ooX »ax sroA.rT, n asr.~s rt
w~f A NECE53ART INClDEMi TO 7NE ~
iULil:ANENT Oi COYOl TION{ CON• - -
TAiHE[ ~N A TiTI[ ~Ns~RANCE ~ ~~',~I~l
_ v z ~ ~t +T. . . i.2.4 anf,.~ Miff! 1~ii