HomeMy WebLinkAbout2352 ~
at the rate pmvided herein ~or matux~ed obligsticonst }aoMever~ it is e~presa~y
undergtood arid agreed the?t t~he holder of auah iridebtedness ia under no obliga~3on
to so do, excrpt at itr o~ra electiaD, and tailure aai tb?e par~t af ~uch holaer to
~ke any action hez~under ehall aot caastitute s xairner ot ttiix~ther brea~cbe~ ot
such co~vex~e?nta; it 3n f~arther cave~anted aad s~-eed by t~he uaid Mort~Or 1$at he
~11 not min~ or esuae, authorize or pernit sar~y mining a~ phospbate, limeroek,
limestvm~, clqy, sand, oil, petrvleun or an4r other minernl oe the ]and~ aecured
by this M~rtgage r+ithaut the pri.or xrl.tt~n coa~sent a~ the Mo~-~gagea 8ad ~qr violst3.a~
of thie covenant stiall giv~e the gaid Mortgagee ~he option to d~eclare s de3'~wlt o~
s~,id M~rtgage sud a~cce?i.erate the priacipaJ. 'balance du~e on the Aotc hsreby secured,
together ~r3~t,h atiy other ri~its iz~ ceee o~ ~3~u].~~ as other~rS.ae praw~ided in this
instn~ent.
;
BOGK ~t~lJ ~5~
. ~