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S T. L~ICI( Cl!hil. rU.
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THIS IS A BALLOON MORTGAGE
the property encumbered by the note given ~n conjunction with
this mortgage. shall cause said mortgage to become f orth\"i th due
and payable in its full outstanding principal and interest balanc .
The parties further covenant and agree that any transfer of
\ the majority of the stock from persons other than ERNEST EDEN,
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and/or JOHN L. DAVIS, and/or NORVAL A. BRO\..JN, JR., shall likewise
excellerate t~e entire outstanding principal and interest balance
so that the same shall become forthwith due and payable.
IF any sum of money herein referred to be not promptly paid \
within thirty (30) days next after the same becomes due, or if
\\" each ~d every the agreements, stipulations, conditi,ns and covenJ
ants of said note and this mortgage,or either, are not fully per- \
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formed, complied with and abided by, then the entire sum mention'e
in said not2, and this mortgage, or the entire balance unpaid therc-
on, shall forthwith or thereafter. at the option of the mortgagee,
become and be due and payable, anything in said note or herein to
Failure by the mortgage2 to exer-
I: the contrary not\.Ji thstanding.
il cise any of the ~ights or options herein provided shall not con-
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I! stitute a waiver of any rights or options under said note or this
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I mortgage accrued or thereafter accruing.
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IIAttest:~(l ~\k.
~ecreta~
IN WITNESS WHEREOF, the mortgagor has caused ~nese presents
to be executed ~n its name, and its cor-
porate seal to be hereunto affixed, by I
. ff' I
~ts proper 0 ~cers thereunto duly author-I
ized, the day and year first ab?Y~/j~f't"'..t;~nt
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MF,ADS. Flor~q'a oPP~~9':'. ~
tion, ~ '. I C, ~::','
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By
CHARLES E. BECHT
GEORGE B. BARRS
ATTO;!HEYS A, LAW
ST. LUCU COUNTY UNK 110<;.
FORT PIEaCf. flORIDA
Signed, sealed anCl delivered in the
presence of:
I '-.~~ '~l...~'G-^> "THIS IS A BALLOON MORTGAGE AN
n THE FINAL PAYHENT OR THE BAL-
_ ANCE DUE UPON ~~TURITY IS
$21,741.46 , TOGETHER
WITII ACCRUED INTEREST, IF ANY,
AND ALL ADVANCEMENTS ~~DE BY
THE MORTGAGEE UNDER THE TERHS
OF THIS M)RTGAGE."