HomeMy WebLinkAbout2960 The eaceccise of the a~ove ri~hb ahall ia no manacr aHect~ impair. reatrict. delay or retard the mortga8ee's
hght to torecloee this mortgage i~ case ot defaul~
14. The mortgage and the aote secured hereby ahall be governed aad aonstrued aooording to the laws of the
State ot Florida at the date of cxccution.
15. The word "mortga~gor" and the lan~uage ~ this instrument ahall. when there is more thaa one mort•
agor. be oonstrued as plural~ and all the ooMenaats, agreements and other provisions herein set farth ahall ba
~oint and several ~ the word "mortgagee•~ a~ll be oonstrued as induding aay la~rful holdcr of the note secured ,
bereby: and both the words •~mortgagac•• sad •~mortgagee•~ ahall be ooaatrued as iacluding the heirs, executon.
adminiatrators~ aucoesaora aad aesigna of ead~.
16. In the event the M~ortgagor should convey the premises deacribed
herein or any part thereof, prior to the payment in full of said note,
or any renewal or estenaion thereof~ the legal 2iolder of safd note may
at it$ option either forthwith or at any time prior to payment in full
of said note, declare imtnediately due and payable fifty per centum
(5096) of the unpaid balance of said note.
17. That l~brtgaqor ahall at all times w~rk~ prune, cultivate, ferti-
lize, spray~ dust; care for and maintain in a huebandlike manner accord-
ing to the nast agproved ntiet~ode of culture all of the grove and orchard
trees now on said premises or hereafter planted thereon, and ahall
protect said groves and orcharde against loss or damage by fire by ma~kinq _
and maintaining p_roper fire breaks in and around said groves and orcharda
in a good and workmanlike mannerf and in 'the event that the m~rtqagor
sls 11 default in the perfozmance of any of the proviaiona of thia paragraph
the mortgagee may, without notice or demand ask for and obtain the
appointment of a receiver for the protection and manageaent of 9aid
aecurity or may remedy such default+ and carry out and perform all of
the obliqations of the nuortgagor hereunder at the cost and expense of
the mortgagor and pay the cost thereof, and the m~rtgagor hereby agreea
immediately to repay to the mortgagee on demand any eums so paid, with"
interest thereon from the reapectiy~e dates of euch payments at the eame
rate as specified in the note aecured hereby~on t~e principal thereof
after ddault and maturity, and all aums paid by the mortgagee with
interest shall be a part of the indebtedness secured be reby and in default
of im~nediate repayment thereof by.the mortgagor the whole indebtedness
secured hereby shall at the option of t2~e mortgagee become due and payable
forthwith without notice. The mortgagee shall be permitted to enter tipon
and inapect said premises at all reasonable times.
18. it i~ underetood and agreed that l~ortgagor ahall furnfeh to
Mortgagee such financial statements as Mortgagee may requirel but such
i requests ehall b~ ~imited to one atatement each year.
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APPItOVED A3 TO FORM _
JACffi T &
gy
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F.
In Witnas Whereof, the mortgagor has duly signed, sealed and e~cecuted this instrument in the presence
of the aubscribiag witneeses, the day and year C~rst aforeaaid.
Signed, aealed and delivered in the prrsence of :
~ (L.S.)
Boy c , Jr
, (L.S.)
• @ Z ~ .
(L.S.)
As taall mo ary t
~ 17'2 P~ 2~~3 .s., -
Martha Jean Fetzer
y t iis.'vA . - - ' _ .
.~~i6` . _ _v. ~3.... . ~ ..~..~r. . _ ~ . . ~i..~r-~'..a