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HomeMy WebLinkAbout1617 , t 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 i ~ ~ ~Y ~ , , ' sident ttorney ~ ~ . ~ . . ~ ~ ~ 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 ~ Y ~ OFpUiY G~iRI~ ~ ~ ~ R ~ ~194 1616 ~ ~ ~ - . , - _