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13. !1 anr o! ef~e wua. of ma,rr lre~ein rct.rred a br ..c pa.yN1T aMd full~ qaid withli~ 5-- dar next ~fwr tl+e .
pw ~ni1r oose due ~nd pay~Lle. or i[ e~M u~d the ~lpula{Mar. asreaneNts, oondlUon~ ~nd corenanu oi Mtd praair
•rp nNs wd tbi~ daed, or elther, ue not drl~ Me1~ evrpUed whh ~nd ~birkd bl. tIN yp~apu ~um ~sa?tloned fn N~
eeq ehN cm~lale~ n~psld. ~ritb lwt~rrt ~oe~w~ to tA~t t1M. u~d ~ll sen~ ~soorod bareb~. t6aq baoa~~ ~
p~d pr t~rtrwith, er tMreafter, ~t ti~ optla~ d ~aW liortpp». +r~ tull~ aad eouopktsly u It all oi t6e sald wnu ol
w~~ ~w~ee eri~lnallr ~tipulated te be pdd oa wuh dq, ae~trtt~ fw r!d ~oh or in thl~ monra~e to the contrar~ notwithreand•
le~; axd thet~eupon or tl~erwttet. ~t the uptbn ot ald Mertp~ witl~eut Netlee or de~nand, wlt st I+w or ln c~uler m~r be Dta-
~ueed d li ~R mw+a~s ~ec~rnd herab~ 6ad ~a~tu~sd orlor w Iq le~tieatloe.
16. ~Moresyor w!ll es6iblt to Mort~y~ ~tta~ nosipa a~t~bUshlu~ pa~eat oi anr am~ reqalnd to bs p~ld uadac aa~
apsrkr anortp~ or other Uen obllptbe, no }~tee elu~ ~(S) d~~a prior to t6~ time tbat aeeela~tbn of wch w~perlor mort~e
or Ilea eadld be dsolued foc eon•w7mant eber~ot. ~
17. Tbs ab~tr~ct ot tltle oowele~ eM ~naumb~nd ptop~rtr ~hall belona W and renuin ln t6e po~ion o[ t~a Mort~ee
~ ducin~ tM Ilm oI thM Mort~a~e.
~ ' 1a. 71ue it b tbe int~nt 6areoi to ~acne~ ya7m~t~t oE ~id note rnd obll~atlon whet}~er the entlro unonnt shall h~re besn
adwnasd to ths Mon~aior ~t the date hereot~ or ~t ~ 1at+c dste, snd to ~ecure anr ot6ar unoune ar unaants that may be ~ddsd
' to tl~e mortp~e indebtedn~ under ehe terms ot thb in~wment. 7'hs tetal amount ot indeMsdneN recnred ber~ebr mRr da
" cso~~s or lnca~ue irom timq to time, bnt the tot~l nnpsld balanee ~o ~ecured at aer one tfine sball not exceed the principal
~ rura of ~ 100, 000. OU ~ p~~ ~~d anr disbur~emaata m~de for t6e p~~+nent oE tues, ,
lerie~ or inwnaos on the prnperty ca~ered b~ cbe lieo of th4 more~a~e, witl~ inteiat lhereon; and thb morerase ~h~ll ~ecnre
anr ~nd dl additlonal 6r lurther monia wh{ch m.~ bs .d.aaoed br 1[octpsee to the Mo~ti~or after the date bereof. MIf~CII
tut~re ~d~uooe~ oI monep, if m~de, ~6a11 be e•idencsd br a note or wta~ ~scuted br t~e Mort=a~or to the Mortp~se bearln~
wcb rate of laterat and with ~uch nuturitia u~hrll be ~ermteed frem tia?e to tima bnt anp and d] ~neh luture ~drsnea ~
eecnred br ehi~ mortr~e thdl be m~de eot more thaa ~ean aitar the dste herooi. Notbin~ hmin contalned shdl be
cleaened ar obli~atbn on the part of tl~e Mortp~ee to make wr futuro ad~anca.
19. That in t6e eveat thie premise~ 6e~ebr mortsared, er any part theteof, ~hall be condemned ~nd takan for pablic we ~t ~
j: aadtr tbs po~?er of emiaent domain, the Mortpsee ~ball ha~e tbo risht to demand th~t alt demag~a awardcd~ fot t6e takL?a of
t or damqas to ~aid premi~es ~hal! be paid to tAe Matpree. fa ~ucaewon or aMl~~u, np to the amount tLen nnpaid on thi~
aartp`e u~d m~y bc applied upon the pa~menc or pa~a?enu la.c parsWe eher~oa.
20. 'Phe Mort~asor shap, withtn five (S) da7r irom nrittea demand br the Ma~t~aa~ee, execute in wch fo~rns u~hdl ~
be requIred 6r tl~e Mort~gec, an atoppel oertific~te and wairer oE defenaes. dutr rcknowledred, Kttia~ fortl~ d~e amouat of
prioelpal axd tnte:eet unpald hereunder and the 6eneral .t~tw of ~aid mortas~e, aad the failure oi the Mort;asor to make and
delt~er Wd eetoppel certUicate and ~?dvar ot deten~ within t6e xime Jaraaid ~hall coa~titute a default and a braeh of this
1~ mort~a~e ~nd deall es~titlod the holder hereoi oo declara all of tl~e nnpaid pr{nclpal balaoce iramadiately due ~nd parabla
' Zl. It is rpeclficallr asreed that time i~ of the aManoe of thL ca~trut at~d tLat no Mrirer of any obli~ation 6sra~nder or
~ ~ oi the oWlptlon ~scund ha:sh~ ~hall at ~aY time ehereafter be held to be a wai~er oi tbe term~ 6ereot a oi the f~trument
~ .aenred heQ,abr.
22. 'It b under~tood and asreed that ebe Asoct~ee mar ae any tlma Nuhout notice to an~ penon, ~taat W the Mo~tia~or
r r y chan~e or chaa~, wbatitudoa or ~ubrtitutlon~ of aar ot the ~
` f w modilicadon of an kind or naturo whatwever, ar~:lor+ an
~ pmperty de~eribed in thL eaortga`e or sa~ other coU~terd which mar be held br the Mortsa`ee ~?fthoat tn Re~ manner afixa
ing t6e llab{IIt~ of the Mortgagor, ~nr endorrGrs oi the indebeednas heeeb7 ~ecured or ~n~ other per~on fcr the payment of w1d
ladebtednere, to~et6er with interest and an~ other wm~ whic6 m~y be due •nd payable to the Mortgagee, wd alw without fn anr
i~ m~nner dfecting or impairing the lien of thL mortp~e upoa the remainder of the pmpertr and other coUateral whlch b not
n
chan`ed or ~ubstituted; and it u also understoad aad a~reed that the Mortgsgee may at ~ny time, wizhout notice ta any per• r l
~ wn, release any portion oE the pmperty deseribed in thu mon~aQe or any other collateral, or any portion of ~nr other coi•
latersl xhich may be hcld u~curity for t6e parment of the indebtedaeM bereb~ ~ecured, either w3th or without anr consider~•
tion for wch nlease or rclearea, without In ~nr manner ~fEectiny t6e liabllity of tha Mortaa~or, rll endonnrs. if any, and all .J }
other penons who aro ar shali be liable ior t6e pxymart of aid indebtedness: sad withont a#tectia~, diunrbia~ or impairin~ fa
aar manner whatsorrer the ralidity and prioritr oi tLe Ifen ot this mat~aQe for tl~e full amouat o[ the indebtednese nmdn[n~
~ , unpaid, together with all interest and advsnces which ~hsll becoma p~yrble, upon tho entue remainder of the mortgaged prop-
erty whic6 u unreleased, nnd without in anr manner nttecting or fimpairing to any e:tent whatsoerer any and all other eoAsters!
1~. ~ecurity whic6 mny ba held by the Mortgagce. It is diuiactly undentood aad agreed br tha Mortga~or ~nd the Mortgagte that
any releasa or releasee may be made by tha Mongagee without ihe coruent or appmral of any other peraoe ar peteona whomso• I=~ ~
ever.
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'i~' IN W1TNF;~S V6`H~KEOf', tlie \4ort~eegor on the day end year first above wriuen, hsy executed th~se prcsc!ua phder ~al; '
if, when and e~ a cort~urution, hy and tlirough its duly a~thorized of(icera, as the act and deed of the corporatioti;, ~oae fismts
eppcar htrc~irdt~~. LYON CITRUS GROVES~ G: ~
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t ..t: ATTEST: !.'..,v~,SS ;'y.~ ~ , ~ .(I.S~ By. . . ~~'r~~sid~t~~ ~w '
' Margotte ~~n . ,A~ss •t, ecretary a .
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