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and also all expensea that may or shall sccrue in the event of the foreclosL*e '
of this mortgage, reasanable attorney'e feea and costa of court included, then
these presente shall be void; otherwise to remain in full force and virtue.
And the mortgagor agrees to guarantee payment of said obligation
when due, with interest as atated therein, and to comply witn all the terms of•
said obligation, and to pay all expenaes of collection thereof including an '
attorney's fee of ten per cent of the unpaid principal and interest of said
obligation.
If any aum of money herein referred to be not promptly paid
vithin thirty (30) days next after the same becomes due, or if each and every
the agreements, stipulations, conditions and covenants of said note and this
mortgage, or either, are not fully performed, complied with and abided by, then
the entire sum mentioned in said note, and this mortgage, or the en~~re balance
unpaid thereon, shall forthWith or thereafter, at the option of the mortgagee,
become and be due and payable, anything in said note ar herein to the contrary
notwithstanding. Failure by the mortgagee to exercise any of the rights or
_ options herefn provided shall aot constitute a waiver of any rights or options
under said note or this mortgage accrued or thereafter accruing, and in the event
of default as herein provided, the mortgagee, its successors and assigns, may
and are hereby authorized to take immediate possession of said above-described
livestock and sell the same at public sale to the highest bidder for cash at
the court house in St. Lucie County,Florida, after giving fifteen
(15) days' notice thereof as provided by law, and the proceeds of such sale .
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shall be applied first to the cost of making such sale and then to the payment ?
of the amount of prfncipal, interest and attorneys' fees due upon said obliga- '
tion and the remainder of the proceeds, if any, shall be paid to the mortgagor }
or its successors and assigns. i
And the said mortgagor, for itself and its successors and assigns,
does covenant and agree to and with the said mortgagee, its successors and
assigns, that in case default shall be made in the payment o~ the said swn ~
above mentioned or any installment thereof or in the payment of the whole or
any part of the interest thereon at the times and in the ~anner provided in
said promissory note; or permit or suffer any attachment or any process to be ~
2evied upon said property or any part thereof; or permit or suffer any 3udgnnenr ~
to be entered up against it; then the said aggregate sum of money herein men- t
tfoned or unpaid balance thereof shall become instantly due and payable, at ~
the option of the said mortgagee, and then it shall and may be lawful for thfs s
mortgage to be immediately foreclosed for the whole of said money then due and
owing, interest, costs, fees, charges and expenses as aforesaid. It is further E
understood and agreed by the parties hereto that this mortgage is subject to
' the following additional covenants, conditions,_ etipulations and agreements
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! agreed upon by the parties hereto as follows: enumeration of the remedies spec-
' ified herein shall not limit the mortgagee to the said remedies, and mortgagee
; may avail itself af any remedy afforded by law, including those specified in the ±
( Uniform Commercial Code effective January 1, 1967. Mortgagor further agrees that '
~ it wi~l furnish mortgagee with financing statements and any other documents rea- ~
; sonably requested by the mortgagee While loana secured hereby are outstanding.
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; IN ~TNESS WIiEREOF, the said'mortgagor has hereunto set itg hand ~
~ and 1 t,his day of _ June ~ 196 6 , at i~!N.sA....,~ ,
F itiC~-- Caunty, FZoriaB.
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' Signed, sealed and delivered DAVIS MEADOWBROOK DAIRY FARM NC. (SEAL)
i the prese ce of• ~
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' ~h ~
~ JAME I.. DAVIS, President ~ ' • ~
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~ ~Y'__c.
~ tte8ti / ~ ' ° ~ ; v.'
- JEAN McART D VISy Secretary - r _ ' 'v ' ~ ~ , . - ~
S ~i. . . c:swN~•a `1`~'
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~ _3_ aooK153 344
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