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4A. If any at the suaos of herein rderred m bs not promptly and fully paid within thirty (30) days nest otter tbs ame severally
become due and ~y~~ a if eaci, and the ~ a~reesaeots. oaodttlar and aovaoanb of said promiaory note and this mort-
qaK0. or Nther aro~ not dub? performed, o~oa~ied wi~~abided by. t1~s bs wm mentioned fa said proa~wry rwte :haD beooo~e
due and payab~e forthwith a thereafter at the of the Mortgapser ss fu completely as iE aid to sum of money was origi-
oally stipulated tD bs paW oa ram +IayF e~la aid prarnteeory Hate a beseia to the contrary notwis
tl&
85. Ia the ousel that tbs M maba psymeat by chock or checks that the l~tortgaitor has faibd to properly eado:se. tl;e
Mortgagor does hereb appdnt the Mertiwipes as !b attaaeylo-fact to supply an behalf of the MME any and aD r~?
to negotiate said check or checla and the M areas to bold the Mortgagee 6armkss from ury liability whatsoever for supplyiassaid
eodorsen?eat. In the event the Morig~~es shall deck far the Mortg~~ and ame :ball be retarned for inarfficient funds ar any other
reason so that the Mortgages L rmabb bo ooaect its awoelr. then the biatpgor hereby authocixes the M to add said sum to the
ponder
tube oerrut and oondiHcos of fhb mortgags, bs securod bl? aid proa:trosy cote and nwstgage as it was an additional advance
Sd. Spedal provbioos: .
IN WITNESS Wf~RBOF, the said Mastgspor has emecwbed fhb mortgage nndec seal an the day and/year herds ffot aboea written
SOUTH N DEVELOPME T Np` ~~~g~.~`=''•~y
' ASS IA ES INC. `
Signed. sealed sad aeuvered is tLe-pre.eoae of: a _ - .
. Thomas, Presider
"N+rn~
t9~ Nl~R 27 A!~ ~ 3~
state of ~ - s
j~lr~OITRA
county of 1
~ The foregoing imhnment was aakoo+vledpe~d beforo me thb day of 6t.E911 aIU~T ,19 .
iris
'_t411a7~/ t
My Commbsion espdra: -
Notary I'oblia
(Notary Seal)
S~ ~ FLORIDA
~y ~ MAR TIN
~ The foregoing iodr~eot was aclmowledged before me fhb 2 5th day of March . 19 80,
bs? James M. Thomas, Pres. li~X ~
Southern Development and Associates, Inc., a Florida corporation
~ on~behalf of the oorpontlao.
~ ~ ~ ~ ~ ` Notary Pobib
State of Florida at Large
~ :'i _ 1
(N~t~... ~ 875
~ 600Kcir~.0 P~6E