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1983-102
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1983-102
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Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
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Resolutions
Resolution Number
1983-102
Approved Date
10/19/1983
Subject
Providing for the financing of the acquition construction & equipment of a
120 Bed Nursing Home Facility located on 37th Street, Providing for Industrial
Development Revenue Bonds (Florida Health Facilities Project)
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l'lote according to the legal tenor. and effect thereof, and shall <br />fully keep and perform all of the covenants, conditions and sti- <br />pulations in the Loan A.greement and in the Note contained, then <br />this obligation shall be null and void, otherwise to remain in <br />full force and effect, <br />COVENANTS /\ND AGREEMENTS: <br />The Mortgagor further :::ove11ants and agrees with the <br />Mortgagee as follows: <br />1. The Mortgagor shall pay the sums of money evidenced <br />by the Note, the aonds and the Loan l\greement according to the <br />legal tenor and effect thereof, or any renewals of the indebted- <br />ness evidenced thereby as may be made by the Mortgagee to the <br />Mortgagor. <br />2, In the event of a default under the Note, the Loan <br />Agreement and/or the Indenture, the Mortgagee or its assigns <br />shall be entitled to exercise all rights «nd remeuies set forth <br />in the Loan Agreement and the Indenture, including but not <br />limited to the foreclosure of this mortgage and the appointment <br />of a receiver for the mortgaged property. <br />3, The Mortgagor fully 1-1arran ts the tit le to the <br />mort~aged property and will defend the same against the lawful <br />claims of all persons whomsoever. <br />EXECU'l'ION: <br />The Mortgagor has signed anu seale..I this mortgage on the <br />date indicated above, <br />( SEJ\L) <br />Attest: <br />Secretary <br />FLORIDA IIEAJ~T!I PACIL.l'PIES CORP, (m• <br />I NDIA~ RIVER COUNTY) <br />!3y <br />President <br />-84-
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