HomeMy WebLinkAbout2112 ~nd t:~e i~ortgaqors agree to pay sai~ ohligation when ~ue, with
interest as statec; thcrein, and to cor~ply r~~th all of the tez:~s
thereof, as well as the covenants, ten;la and conc?itions of this
mortgage, and to ~ay all cost an~ expenses of collection these~f
inc~uding a reasonal~le attorney's fee. In the event of the failure
or the refusal of the mortqaqors, or their heirs, legal represent-
atives or assigns, ~o pay this mortgage and the obligations secur~d
thereby, both princi~~al and interest, or the nreaching or non-
perforraance of any of the covenants or pzovisions of this mortgage,
then the :iartgagee, its successors or assic~ns r~ay, and is hereby
authorizea to talce immediate possession of tne anove descri~ed
livestock, and to ~e11 tae sam~e at public sale to the highe~t
bidder for casi~, at the pasture in whicb th~y are then pastuxed,
ira t:ie County of St. Lucie , State af Floriraa, after givin~~
fifteen {15) days notic~e thereof as providec~ by law, ~nd ~he
proceeds af such sale shall be applied first to the cost of ma}:ing
such sale, and tlien to the p~yment of the ar~ount of ~rincipal,
interest and attorney's fees, anci Court cost du~ upon this ablig-
ation, and the remainder of the proceeds, if any, shall be gaid to
the tiortgac~ars, Qr their legaY representatives or assigns.
tlnd the ~.3ortgagors do herei~y wa~ranti anc~ represent tiiat they
have ~ull right and power to encurRber said pronerty as above set
fortn, an~ ~.k~at the s~me are free and clear of all other mortg~ges,
liens or encumbrances of any kinii or natt~re whatsoever.
And the i;ortgagors fugth~er c~~renant and agree that all of
said cattle, together wfth t.~ieir increase, shall not ~ae reraoved
from said pastures in St. I~u~ie Cou~nty, Florida, until alI sums
3u~ hereund~x Yaave be~a paid in ful.l,.and ~he said mortgagors ~ur-
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~hAr covenant anc: aqre~ to tend and care for said eattle in a s~oad
and husband-like mannex, according to the custom of tending simiZar ~
lavestock in the County of St, Luc~.e , State of Florida; 8hall
k~:ep al.l af said cattle, together wf~h their incx~ease, securel~r ~
encl~osed in said pasture; sha~l rebrand any of aaid cattle, and ~
~hall brand all of th~ increase thereof with the br~nc~ }
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