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any such coven~n~s, may; at its opt~on, take such~action as it deems "
necessary to preserve, maintain and care for~the pre~ises and.said
holder of such indebtedness is hereby given full~rights o~ ingress ~
and egress to the premises securing this loan in order to pYesexve,
maintain and care for such premises for so long as all or any.part of ~
the indebtedness secured hereby is unpaid, and any reasonable expense- ~
incur~ed by~it in so doing shall become part of the indebtedness '
secured; hereby,'and shall beCome i~amediately.due and payable and
shall be~r interest at the~rate provided herein for ma~ured obiigations, !
howev~r, it is expressly understood and agreed that the holder of such
indebtedness is under no obligation to do so~ except at its-own election~
- and failure on the part~of•such holder to take any action hereunder ~ j
shall not constitute a waiver of further breaches of such covenants;
it is further covenanted~and agreed by the said~Mortgagor that he will
not mine or cause, authorize or permit any min~ng of phosphate~ :
limerock,=limestan~, clay, sand, oil, petroleum or any other mineral ;
on the lands secured by this mortgage without~the prior written consent
of the Mortgagee and any violation of #his covenant sha~I give the
said Mortgagee the option-to declare a defautt on said Mortgage and ~
accelerate the principal balance due on the Note hereby secured,
together with any other rights 'sn case of default as otherwise pro-
vided in this instrument. ~ - '
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"This mortgage haa been_executed on behalf of The Pradential Jnsurance
Coa~paqy of America so that it may serv~e as a financing atat.ea~ent pur-
suant to,Florida Statute 679.9-l~~• - ~ - ,
, Ths Debtor'e address ia: xoute 3~ Bo~c 162; Fort Pieroe, Flotida
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. The Secured Part~r~a addreas ia:
' ~ ~ The' Prudential Inaurance Co~rpar~r of Ainerica
I - P. 0. Boac ?130 '
Jacksonville, Florida
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T'dE PRIID~iTIAL INSUftANCE COMPANY OF AHERICA
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~ Attorns~ ;
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