HomeMy WebLinkAbout0823(8) Provided Mortgagee has approved a site and develop-
ment plan in accordance with paragraph (2), above, Mortgagor shall
have the right and privilege to grant easements as necessary and
desirable for the construction, installation, maintenance, repair
and replacement of utility facilities (including, without
limitation, facilites for water, electricity, gas, sanitary sewer
and storm drainage) to serve all or any portion of the Land; and
to execute, deliver and file for record such plats, easements or
deeds as may be necessary or desirable to accomplish the
foregoing, or required by any governmental authority having juris-
diction of the subdivision and development of the Land. Mortgagee
agrees to ratify, consent to and join in such action and to exe-
cute such documents as may be necessary and reasonably reouired b_~
Mortgagor, without payments to Mortgagee except the costs and
expenses of Mortgagee as above provided,
IN WITNESS h'HEREOF, the said party of the first part }.a~
signed and sealed these presents the day and year first abov~
written.
Signed, sealed and delivered
in the presence of:
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INTER- ISLAND DE~~ELOPME':TS , I":C .
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The foregoing instrument was ~ f
ack~n, Qwledged efore me this ~ ~
~~1 day of ~ . , -rg7g /~r~5/
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My commission expires ~~
(CORPORATE SEAI~)
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