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Home My WebLink About2011 ~""':i~----'-- Ct!",,,. -,.,e,r ~!!~,#~---_--:-~I<<"~~ ' ----..,....,...~-.T- . jf,:i'_- . . ....-- --~- - - ". To pay all and sinJldar :th~ Tco~~,icha~lel'Jhh- e.l.'penses, including lan'YtT'S fl't',1, /'easonably incltl'red 01' paid at any time bYSllk~ MortgagN' beCltliSe 0/ thl' /lliltll't' 011 the pa/'t of the said .Mortgagol' to pelform, comply wi~h and abidr by /'11('.11 it iid CIlt'I'Y the stipnlaliolls, l;onditirJ/ls and t'm.'i'iltl1lts of said pJ'omissol'!lnotl'al/ll this det'd, 01' eithi'r, and el'e/'y sllch payment shail b,'a!' interest /1'0111 date at the rate 0/ six per cent. pel' annlun. }. To keep tlu: building now 01' he/'eaj'ie/' all said land ins/u'NI in a slim not Il'ss than none dollars, in a COft/pllll!! 01' I'ollllllllli/'s to III' apP/'Ol'ed by said J[ortgagee, alld the polic!! 01' polil~i('.'i hrld by /llIri lillY/lhI/' t/) ,"/lid ,1lfortg'ag'cc, lllld ill tht' t'v('nt an!1 S{/lH of 11/olll'yIJt:CIIIIlPS !Juyub,lc lilldl'l' s/(eh IIfI/icy /)/' policies, fI/{' .1IIJrtgage(' shall hal't' tht' olltioll to ned/'f' and allllty th/' SIIIII/' /)11111'1'/)/("( o/tlw indcbtedlll'ss hc/'{'b!/ sl"'li/'{'d a/' to IICl'lI/it Ih,' ..JJortg:ag'o/' I/) "1'(,l'i"I' /I/III,ISI' it. o/' an!! pltl't thereo/,. /o/' othe/' plU'poscs, without thereh!! /('ail'ing' o/' iIJlIJlli,.illg'ltllY elll/ity lien O/' rig'ht lilldcr OJ' hy I'il't/((' oj' this nlO/'t~-(/g't', am/ 1IIay '1Ia('c 111'(/ IJO!l JiJ/' s/(I'h ins/(,/'(lncc O/' allY P((l't thC/'i'Oj', /('ithout /('alt'ill g' O/' Il//i'clillg' tht' olltillll to /ol'I,,.IIISt' 01' any right hert'under, anti I'llch and c/.t'rys/lch IHl!/lIIl'lIt shlllllw(I" illter/'st Jim" dllll' a.t the nfte oj' pcr cent. pcr (lll1l/un. 5, To permit, commit or su.lfer no wa.ste, l:mpairment O/' detcric1'ation of said propelty or any part thereof 6, To perform, comply loith and abide by each alld euery thceG.itlJ/tlations. (Ig/'l'i'- ments, conditions nnd covenants l:n sa.id promissory note and in this dl'cd set forth. 7. If (Lny of said stuns of money herein referrcd to bc not prollllllly (ll1d jilll!llW id within thirty days next after the same sevt'rally becollle rlll{, and 11II!lllhlt'. or if each nnd euery the stipulations, ng'rc{'mt'nts. conditions (lnd clJl'clwnls of s(lid pralllissory 1Iote and this deed or eUher, are not dilly perfor11lcd. com Illil'd /l'ith (l1Id abided hy, the said aggregate slun mentioned in :wid pro1llis,'ior!l... lIotf' shall Iwco11ll' tine and payable fOl'thll'Uh or thereafter at the all/ion of' the ,Uortg'agl'l' as fully alld completely as it'the said aggregate ["m of Thirty Thousand and no/lOa ($30,00'0.00) dollars was originally stip"latcd to lJ{' ')(Iid Oll sllr:h day. anything in said promissory note or herdn to the contrarYllotll'ithstaltding', 8. And it is hereby expressly agreed that if either the principal or interest of the debt secured by the prior mortgage from Edsall Groves, Inc. to John Oteen and wife is in default, or if any of the stipulations, agreements, conditions or covenants of said prior mort- gage are broken, then, and in such event, the whole sum of princ1pal and interest of the debt secured by this mortgage shall, at the option of the holder of this second mortgage, become immediately due and payable and this mortgage may be foreclosed at once. Should default be made in the payment of any installment of ~aid first mortgage indebtedness or taxes or any other money required thereby to be paid, the holder of this second mortgage may pay the same, and every pay- ment so made, together with interest thereon at the rate of 10% per annum fr~m the date of such payment, shall be added to and become a part of the indebtedness secured by this second mortgage and be secured hereby and collectible hereunder. 9. The mortgagor further covenants and agrees that he will at dLL times while said mortgage indebtsdness remains unpaid properly ferti- lize, cultivate, care for and maintain in a productive condition all the yrove now on the above deacribed.property, or hereafter planted thereon, in a husbandry manner as such groves are usually kept in st. Lucie County, Florida, and it shall be lawful for the mortgagee, its successors and assigns, at all reasonable times during the con- tinuance of this security to enter upon the said premises for the purpose of inspecting the condition of said grove. In Witness Whereof, the said Mort~ator hereuntv sets his hand and seal th~ day und yea~ first above written. Sif{Iled. Sealed and Delivered in Presence of: ~k~~ci7 . ~j~'LH~ tU ~ ~.t~. ----_.~------------~- . -------------- -- -- ------ - -- . _____________. .___dU- ..... ..