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12, Anything in this mortgage or in the promisbory note se~ured bareby to the
contrary notwithstauding, if a~ instalment of principal or intereat of said note or
any part thereof is not paid within ,30 days of the date due, 01' if ~ other sum
secured hereby is not paid within 30 da)!s or the date due, .Uten all of the indebted-
ness secured hereby shall become and be immediately due and payable at the option
of Mortgagee, without notice or demand which a.re hereby expressly waived, j,n which
event Mortgagee may avail itself of all rights and rc::medies, at law or in equity,
and this mortgage may be foreclosed with all rights and remedies affordedoy the
laws of Florida and Mortgagor shall pay all costs, charges and expenl!le~ theroeof,.
inclU~~4g_,.~,.,~easonable attorney's fee. flED AND RECORDED I
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/. - .h..&. .)~, If the indebtedneu aecu~d hereby i. now or hereafter further 'Kured by ('hattel mor.!&IU, pledJel, contrr.cu 01
:.' !(Uannty, a.ui~ments of lease., or other .e<:urities, or if the premita hereby encumbered coruUu of more than one parcel, Mort.
gagee may at its oplion exhaust anyone or more of &aid ~ritiet and the security hereunder, or .uch parceJa of the wcurity
!Iereunder, either concurrently or independently. and in iUch order as it may determiM. "
14 1'6. No delay by Mortgagee in ~xen:Uin, any ri~t or n!medy hereunder, or otherwUe~.aII':roed by law, ahall cperate as a
waiver thereof or p~c1ude the exercise thereof durin, the continuance of any default hereunder. No Wl\iver by Mort~ of any
default .hail constitute a waiver of or cOlUent to .ubtequent defaulu.
15 K. Without affe<:ling the liability of any perSOil (other than any penon releued pursaant bereto) lor ~t of any
indeblerlness aecured hereby, and without affe<:tin<< the priority or ~n' of the lien hereof upon MY property DOt apecificalJy
~leased pu..uant he~to, Mort,agee may at any time and from time to time. without notice and without limitation as to any
legal right or privilege of Mortgagee:
(a) Release any penon liable for payment 01 any indebtednea wcured hereby,
(b) Extend the time or agne to alter the tenna of payment of any of the indebtednea.
(c) Accept additional security of any kind.
(d) Release any property aecu:ing the indebtedneu.
(e) Consent to the creation of any easemel't on o~ over the p~mis.e\ or any coven..;U rettrictine' we or occupanc,
thereof.
16 ~, Ar.y agreemenl hereafter made by Mortgagor and Mortgagee p\lnuant to this mortpge shall be .uperior to ;.he ngbU
of the holder of any inlervening lien or encumbrance.
1 7 IS, Mortgagor hereby waive. aU right of home.tead exrmption in the property lubject to this mongal'!!.
18 (3. The co\'en~nt! and a!!Tecments he~i.l contain.,d .hall bind and the benefiu and aJvanta.g1!I shall inuN! to the respec_
tive hei... executor!. adminiltraton, .uc('esson and assigns of the t>&rt1e1 he~to. WMreveI' used, the rinrular number than include
the plural, the plural the singular, and the we of any gender .hall be applicable to ~n A'ftlden. An covenantl, agreements and
undertakings .hall be joint and se~-eral. In the event addilional numbered covenanU are for conwnience inRrted in thl: mortga,e
followin~ the legal descriplion, .uch additional covenanU shaU be read and gi~-en effe<:t as though followin, this covenant in con.
secuti,'e order,
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the said mortgagor has caused these presents
President attested by its
to hereunto affixed the day and year first
to be signed
Set;retary
above written~
IN WITNESS WHEREOF,
in its name by its
,&n~ its corportlte seal
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___ (Cf1RPORATE
SEAL )
V'
, STATE
*w York
Of
J
COUNT'{ Of New York ss .
I, an "fficer authl'\rlzed to take acltncwldgements (')f deeds according to the
laws of the 1tate f')f New York duly qualified and &cting hereby, cert-
ify that Gardner Cowle. . and J~hQ r. Uardiul
respectively, as Pres1d.ent and Secretary ('If the
Indian River L&nd Inv8.taeut8.Iuc. to me personally l~wn, this day acknov-
le".ged beff')re mE: that tl,\e)' execute4the forcg.,ing ~rtg~e &8 8;1ch officers of said
corp('lratif')n and that they a.ff'~ed tbereU'l the ,.,fficial seal ('11' said c~I;lOrat1on;
anri I further certify that l.~~ tl1e Bal.t\ persrms making said a~vledgment(s)
tf') he the 1ndl v1dua1( ~ ~ ~S,-"",iQjIL).b en\'\- '.rhn executed the said mcrtg~e.
IN wUUFn11 yTHERF,(J]( i::.":t"-hlWel;.be!e\.1p'~'," set m:y baZl4 84 nffleal seal at h
l? Hew York. M .Y'.-'; {"~' ~~,a8Jd j~nty and State, t~1s 23 day ('If !fare '.
61. ~.} :~. <> \ ~_) :' _, "-
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