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HomeMy WebLinkAbout1082 .r....r..._.,.-.~r.~.._.~. --t - • . • . • • ~ ~ ~ . • ~ F • ~ . ~ ~ . = oi~• ~aid optioo ahali aot •~i~~ th• ritht to •s~scis• i~ in~th• , ~ •~~nL o! a contiouins os_•ubs~qu~nt d~fault. ~ , • _ ± _ I~ the 1lost~a~~• iAStitutss psoo~~d~ng• to lor~alo~~ ' tbis ~ostgag~, th~ ![ortga~~• sh~ll b~ •ntitl~d to tht appoint~~nt : ~ of a r~c~iver to coll~at tb~ inao~t and psotit• lrow th• ~ortga~ed 5 . . ~ psopesty, and apply th~• as dir~cted b~ a aourt of coap~t~nt ~uri~- ' diction, regardl~as of. th~ solvenc~ o! th~ Mortg~gor or th• ade- ~ - quac~ o! tbe secusity. - ~ ' ~ . ?he Kortgagos agre~~, ~or ao loog aa an~ p~rt o~ ~h~ ia- ~ e d~btednea• a~cured by_tbia ~ostg~g~ r~~ains unpaid, to pr~serve, ~ ¦aiatain, and caice for the citrus grov~:upon the aos.tgag~d prop- ' •rty, suah car~ and ~aintenanc~ to iaciud~ ~11 re~soaable ane~ ne~e~- ; - ~ . . : -aary cultivating, apraying, dusting, pruning, lertilising, irri- gation, and drainag~, to be done in.a good and huabandiik~ ¦anner ; - ~ and in accordanc• vrith ~ethod• o~ citsus gsov~ cultur• gen~rally . ~ acc~pt~d and app~pv~d ia St. Lacie Count~, l~lorida. If th~ IYtortgagor fails ta co~ply with tha fosegoiag agr~~a~nt, the ~ostgag~e, in addition to other r~w~diea for brtach of-th~ agr~~- ~ . aents contained in this. ~ortgag~, ~~y tate r~atonable ateps to . preserve,-aaiatain, and car• fos the eitrus grov~, and any ~zp~nsea ' reaaonably iacurred by~tbe Ztortgage~ in ao doing shall beco~e . part of th~ indebtedneas secured by thii aortgag~, shsll b~coae iaaediately due and payabl~, and shall bear iatereat at the rate - of tea per cent pei year. •liothing h'~reia ahall obligate th~ ~ ~ Mortgsge• to taka any actioa to pres~rv~, ~aintain, and car~ fos~the ~ ~ ~ citru+~ grov~ , and the failure of tbe ttortgagte to tak~ an~ actioa ~ . _ , ` h~rtund~r •6ai1 not ~aiv~ th~ right to do ao in th• event of ~ ~ • , • - ; continuing or ~ubsequent bseacb of ths foregoing agree~ent. ~ ' th~ lisri of this aortgage shall •stend to aoy judgaent~, ~ = . ~ avards, da~agea, and ~~ttie~ent~ ber~a~ter r~ndered or paid or ~ s~sultin~ fro~ conde~nation proc~ediags os th~ takin~ o! tKe E ~ostg~~ed prop~rty os ~ny p~rt therao! under the po~er df e~in~p! ~ ' _ . ~ doaaia, and tb• liostgag~e aay s~qulre that an~ su~a payabl~ ro tbt € ~ ¢ ~ l~ostgagor and arising out of ~h• po~es of ~~ineat'doaain , ~ ahali be appii~d upon the ind~btadnesa s~aur~d bT thia ¦ortga~~. ~ ~ ~ ~ - _ ~ - ~ , , . , ° - 3 - . ~ i. . . . . r ~ ' ' € lt ~ ~ ' . ~ . i } ' ' " ;