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HomeMy WebLinkAbout0213 ~ January 2nd, ' Th is note may not be aaticipated ia whole or in part untll l, 19 6? ~ after which date, the indebtedness aecured hereby may be aaticipatcd in whole or in past without penalty. That if any af the auTns af moaey herein referred to be not promptly and fully pa3d witt.ia thirty (30) days next after the same severally became due aad payable, or if each and every the stipulations, agreementa, coaditions and covenaata of this note and the mortgage deed securing the same, or either of them, are not fully pezformed, camplied with and abi,ded by, then the aggregate aum mentiaased in this note, and all other sums secured hereby sad char- geable hereu~der, aha11 forthwith become due and payable, or thereafter, at the option af the Payee or holder hereaf, their heirs, legal represeatatives, s•iccesaora or asaigns, as fully and campletely a~ if the aggregate sum af the indebtedneas secured hereby were orig- inally atlpulated to be paid an snch day. The maker aad all peraon~ now or hereafter liable for the paqmeat af the withia note hereby agree to vvaive demaad, presentment for paymeat, proteat and notice a~ non-paymeat aad a~ d~shoaor, and agree that if by rea~oa of the default af the maker in the payment o~ anq of the suau evideaced. hereby, it becomes necessary for the Payee or the hold~r to ennploy aa a#oraey at law to enforce or coltect this note, to pay all costs o~f courtastc3 reasoasble sttor- neys~ feee incurred or expended by the Payee or hol,der o~ t~is note in enforcing it or collect- ing i~ SARGEANT CITRUS PRODUC~S, INC. ; (CORP. SEAL) By J. Stanley Sargeant ~ " V-President ' ATTEST: Helen N. Jefferson Secretary and sha11 perform, cosnply with and abide by each an~d every the stipulatim~.s, agreements, co~di#ons ancl covenants af the said promiasory aote and of this deed, then this deed and the estate hereby created sha11 cease and be nu]1 and void. AND the said Mortgagor, for itself, and its auccessors or asaigna~ hereby coven- ants and agrees with the Mortgagee, her heirs, legal repreeentatives or assignsi as follaws: 1. That the Mortgagor will pay all an~d singular the priacipal aisd interest and other sume o~ mon ey payable by virtue ~ the said proanissory note and this deed, or either, promptly on the datea respectively that the same severally becoaie due. 2. That the Mortgagor will pay aai or before Mazch 15th o~ each and every year af the term of tbi~ mortgage all aad aiagular the taxes, assessments, levies, liabilities, obli- gatioas a~d encumbraacea af every nature o~ the ~aid deacribed property, each a~rd every, and if the eame be aot promptly paird, the said Mortgagee~ her heira, legal represeatativea or assigns, may at any t3me pay the same witliout waiving or affecting the optioa to forecl~ose or any right hereunder, and every paqmeat so made shall bear interest from the date thereaf ~ at the rate o~ Eight Percent (S°~i) per annum. 3. The Mortgagor will pay all and singular the coeta~ charges and ezpene es~ ~ includiag attoraeys~ fees reaaa~able iacurred or paid at aay time by the M,ortgsgee, her i heirs~ legal repreoeatative~ or aasigas, because of the failnre oa the part af the Mortgagor, ~ its successors or aasigns, to perform, comply with an~d abide by each and every the stip- ulatlaais, agreemeats, con~ditiene and coveaants af the eaid promissory n~o#e and this deed, ' or edther, aad every such payment sha11 bear iatereat frora the date thereaf at the rate af T m Perc eat (10'~i) Per annum. _ 4. The Mortgagor will l~eep the buildinga now ar hereafter an tlie land described herdn aad eacumbered hereby, aad all the personalty which constitutes the eqnipmeat used in the mainteaaace aad cultivatian of the grove~ which are sitvate upoa the real. property hereinabove described~ insured against losa or damage by windatorm or fire in aa amouat ~ufficimt to preveat co-iasnraace; ~which is to aay, in aa amount sufficieat to avoid the paAer in aa insurers upa~ the occasion o~ 1oss, to diminish the iasnraace award bel~oa the amount o~ the actual damage suatained by reasoan ~ the parties in in• tere~t or aay o~ them being co-insurers; an~d s~ ~~~~e ~~es will be kept and ~ PATTON • KANMER. ATTOIIMLYf AT tJ1W. il~ ~[LURITr TRU~T ~UILDIN6. MIAMI. FLORIDA ~ s~ ~ ~ ' ~ ~ _ _ _ _s:.,.,_.~..~ ~ - -,~.-"-z~,..~"~-'~ - -