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hereby, i~ addition to all its other rf ghts and remedies for breach of cover,ants in
this mortgage cont,ained, and in addition to its ri~ht, hereby expressly gi~en, i.o de- j
clar~ a default upon the breach of ar~y such covenant, may, at its opLion, take such
action as it deems necessary to presetwe, ~naintain and care for the premises, and
said ho~der of such indebtec3ness is hereby given 1.i11 rigk~ts of ingress and egre~s
to the premises securing this loan in orc~er to preserve, aiaintaia and care for such
' premi~es for so long as all or aryr part of Lhe indebtedn~e~s secured hereby is--unpaid,
and ar~y reasonable expense incurred by it in so doic~ shall beooa~e ~rt of t.he indebted-
ness secureci, hereby, and shall becoaie inaeediate?y due and payable and shall bear
interes~ at Lhe rate provided herein fv~ ~atured obligationa, harever, it is express]J
understood and agreed that t.he holder of ~uch indebtedness is under no oY,ligation to do `
so, except at its a+~n election, and failure on the part of such holder to take any ;
action hereunder shall not constiLute a Waiver of furt~er breadies of such covenants;
it is further co~enanted and agreed by the said nartgagor that he Will not ~ic~e or
cause, authorize or pennit any ~aining of phosphate, linerock, lio~estane, cls`y~ sand~
oil petroleua or any other ~nineral on the lands 3ecured by tY:is MorZga~e vithout the
prior written consent of the Hortgagee an3 ar~y violation of this o~venant shall give
the said Mortgagee ~he option to declare a default on said onortgage and accelerate
~ the princiFal balar•ce due on the Note herebr sscur8d, tagether With any other rights
in case of de£ault as otheruise provided in ~h3~ instrunent.
This ~aortgage has been executed oa behalf of 1'he Prudential Insurance Company of
Aaierica so that it may serve as a financing state;:.ent to perfect a security
interest in the personal pro~erty described herein an3 in all cro~s produced on
the property rereby encumbered, pursuant to Florida Statute 6T9•9-~02.
Lhe Debtar's address iss .
Okeechobee Ianci Corporetion
P. 0. Box 24?
Okeechobee, F1Drida 33472
The Secure3 Party's ad~ress is:
Thc Prudential Znsuras ce Cosnparyo uf A~verica
P. i. Box 2130
Jacksonvi lle, Florida
I T~?x: PRtJ'J ItiS' E COMPAIiY Or AuERICA
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~ Rf~CE1YE0 ~ IN ~YIIElIT Of TNlQ
~i Ol~ ON CtJ1.SS 'C ItfTMh~tBlf PEt~fMl rROPE~TY.
~ IURSIiANT TO (~ArTER 20124. JI~TS Of l~il.
~ ROG:R POITRAS, Gerk Circud Caut
~ ~s AQent for JI1NIEl N. KNOWI.E~, 1R.
~ SL Lude Co~nry Tu Collecta
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OFpUiY G~iRI~
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~ ~194 1616
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