HomeMy WebLinkAbout1074 - _.~.....~...r _ . . - - - - - t
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. ~ ooas.at~o! th• bola•r. ~ ` ~
~ . !h~ ~ort~agor ~=o~isa~.~to ~ak~ aii pa~aots r~qn~r~d b~ •aid
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` aoL~~~ and this ~ostsa~~ prowptl~ wb~n dn~; to~pa~ all tas~~~ a~i~ss•
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~ ~ Mnts, and ii~n• ~itb r~sp~at to th~ ~ortgagtd prop~rt~ b~tos~ th~ ~
~ saa b~ooas d~linqu~nt; to coat~it. p~~~it, or aa!!~r no-~a~t~, i~pais-
- ~~nt, or dtt~rioration of tb• ~ortgag~d psop~st~; ~nd to p~y all costs
. • o~ coll~ction, inciuding attorna~s' ~aas, r~a~onabiy incurx~d by ths .
~ l~ostg~ga~-b~cauaa of tha failur• o! th• ~ostgagos to ao~ply ~ith tb~
' agr~~aants in aaid not~• or tbi~.~ortgag~. or eitb~r.
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` Zt tha Hostgagos fatls to pay any tas~s~ ass~ss~~nt~, or
~ - li~ns rith r~spact to th• ~ostgag~d prop~rty b~tor~ th~ •aa~ b~coa~ .
d~linqa~at, the~ltostgagai aay pay th• ~a~t, •itbont waiving th• option
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. to fosacloae, and such pay~eats~shall b~coa~.p~rt oi th~ ind~bt~dn~~s i:
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~ s~cas~d by tbis ~ortgag~,>shail baco~~ i~sdi.at~l~ da• and pa~abi~,
~ and shali b~ar int~raat at tb~ sat• of t~n p~s c~nt p~Y 1~as. `
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~ If any ags~~~~nt in tbis ~ortga~~ i• ~at~riali~ br~ac6~d
~nd t6a breacb ia not cur~d and s~~~di~d ~ithin thr~a-da~a alter tbe
l~ortgagaa has giv~n notic~. th~raot~ to th• ltortgagos, os i! ~ an~ pay
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~ant sequtrad by said notas i• not ~ad• fban da~ or ritbin thisty
~ ~ daya thereaft~s, the l~ostgagae ~ay d~clara tb~ •ntis• anpaid balanaa•
of •aid not~s accalasated and due and pa~abl~ fortb~ith, anything in ~
said ~otes to the contrar~ not~ithstandiag, and th• l~ilur~ to es~r-
. ciae aaid option ahail not~riiv~ tb~ right to ez~escise it in th~
; ~avent of a continuiag os •ubs~qaant delault.
~ . If the Kostgaga• institut~s procaadinga to•for~clo~• tbi•
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i ~ortgag~, .tb~ Kortgag~e shall b• •ntitlad to th~ appoint~ant o! a r~-
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~ ceiv~r to~aoilact the inco~e and profits tro~~Lh~ aostgag~d ptop~st~,
~ and-apply tha• a• dir~ctad by ~ coust o~ ~o~petaat ~uiiadiction,
F regardless of th~ solvency o~ the Kortgagor os th~ adequ~c~ o~ ~
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. tba security. . `
5~ . She lsortgagor •gse~s, ~or •o long as any part o~ tb~ ind~bt-
~ : edness~~~cured by thi• ~ostgage re~aias ai?paid, to psea~sv~,
~ ~ . ¦aintain, •nd care tor tbe citrus grova apoo tb~ aostga~~d `
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¢ psop~rt~, sucb aas~ and aaintan~nc~ to inciude ali r~a~on~bl~ and
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~ nac~ssary cultivating, spraying, dusting, psnning, f~rtilisins, ~
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