HomeMy WebLinkAbout0527 im~nediatsly due and pe~yable and ahali bear interse~ at the ra~ss provided
herein for matured obligution~, Y~ot~re?er, it S,a e~preasly ur~dsrstoo~ ~rnd
ngreed ~hett the holder ot such indqbtednesn 1s uxider ne obli.gation to ao
do, exaspt at itr~ o~n elect~on, and failure vn bhe parti of auoh hQlder
to tek~e any ictiun hersnnder shall nn~ ~onatitute a xaivar of ~'urtih4r
breache~ of auch covenanta; it i~ turther cavenanted sr~d agre~d by the '
said Mortgagor that hs ~rill not mine or oauas, authorfss 'or permit an, ~
mining ot` phm~pha.te, 1~imerock, limestons, olqy, ~and, oil, pe~roleu~ or
any other mineral on the landa $ecured b~ thie Martgeige x3thout ~hs
prior writ~en amn~ent of the Mortgs~gee and any v3olation o2' this oovenant
$ht~ll give the said Mortgagee the option to dealare a default on $aidl
Mortgage snd acoelerate the princi~sl bdlance due on tha Note 'herebr
secured, together ~aith any other right~ ia caae of dePe~ult as otherrrise
provided in this instxâ˘ind?ent.
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THTS MORTC~AGE IS RE~SXECIITED AND RE-RECOFDED FOR THF' PURPOSE OF
CQRRECTING T-iF ACKNOWLEbaMENT. '
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