HomeMy WebLinkAbout0111 and ahall perforn, comply with and abide by each and every
the stipulatic~s, agreements, coa~ditfons and covenants of
said purchase eoney note and of this mortgage, then this
mortgage and tha estate hereby created shall cease and be
null and void.
And the said Mortgagor, for itself and its successors
and assigns, hereby covenants and agrees:
1. To pay all and singular the principal and interest
and other sums of money payable by virtue of said promissary
note, and this mortgage, or either, promptly on the dates
respectively the same severally ec~~?. d~e. Every such installmen~t
of prineipal or interest not paid when due shall bear interest
at the rate of eight per cent (8$) per annum until paid.
2. To pay all and singular the taxes, assessments,
levies, liabilities! obligations and encumbrances of every
nature on said described property each and every, and if
the same be not promptly paid the said Martgagee, its successors,
le ga1 representatives or assigns, m~y at any time pay the same
without waiving or affecting the option to ~oreclose or aaiy
right herEUnder and every payment so made sha11 bear interes~t from
the date thereof at the rnte of six per cent t6$) per annum.
3. To permit, commit or suffer no waste, impairment
or deterioration of said property, or any part thereof.
4. To perform, comply ~ith and abide b3~ each and every
the stipulations, agx^eements, conditions and covenants in said
purchase money note and in this mortgage set forth.
5. If any of said sums of money herein referred to be
not promptly and fully paid upon the same becoming due and
payable, or if each and every the stipulatians, agreements,
conditions and covenants of said note and this mortgagE, or
either, are not duly performed, complied with and abided by,
the said aggregate sum repr~asented by said note shall become
due and payable forthwith, at the optian of the Mortgagee, its
succesaors or assigns, as fully and completely as if the said
aggregate sum was originally stipulated to be paid on such day,
anything in said promissory note or herein to the contrary not-
Withsta,nding.
6. To preserve, mnaintain and care for any citrus
groves upon the above described premises, so long as a11 or any
part of the indebtedness secured hereby remains unpaid, such
care and maintenance to include cultivating, spraying, dusting,
pruning, fertilizing, together with watering and proteetion against
damage by frosfi and fire where custainary and in keeping with
local practice, marketing of crops and replanting of trees when
needed, all to be done in a husbandlike manner and in accordancP
wi.th approved methods of grove culture.
7. Mortgagor further agrees to pay a11 and sing~slar
the costs, charges and expenses, including attorney's foes,
reasonably incurred or paid at any time by said Mortgagee,
its successors, legal representatives or assigns, because of the
~ failure an the part of said Mortgagor, its successor~, legal
representatives or assigns, to perform, comply with and abide
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