HomeMy WebLinkAbout0237 The exercise o( the above rights shall in no manner al~ect. impair. restrict, delay or retard the mortgagee's
right to foreclose this mortgage in c:ise ot dr(ault.
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14. 'Che mortgage and the note securcd hereby shall be governed and construed according to the laws of the
Statr of Florida at the date of execution.
15. The word "mortgagu~' and the language of this instrument shall. where there is more than one mort-
$agor, be rnnstrued as plucal, and all the covenanta, agreements and other provisions herein set forth shall he
o~nt and several; the Nord "mortgagee" ehalt be construed as including any lawtul holder of the rtote secured
~ereby: and both the K•ords "mortgagor" and "moctgagee" shall be construed aa including the heirs~ executors.
administrators, successors and assigns of each.
16. In the event the mortgagor should convey the premises described
herein or any part thereof, prior to the payment in full of said note,
or any renewal or extension thereof, the legal holder of said note may
at its option either forthwith or at any time prior to payment in full
of said note, declare immediately due and payable 35 per centum of the
unpaid balance of said note.
17. That mortgagor shall at all times work, prune, cultivate,
fertilize, spray, dust, care for and maintain in a husbandlike manner
according to the most approved methods of culture all of the grove and
orchard trees now on said premises or hereafter planted thereon, and :
shall protect said groves and orchards against loss or damage by
fire by making and maintaining proper fire breaks in and around said
groves and orchards in a good and workir.anlike manner, and in the
event that the mortgagor shall default in the performance of any of
the provisions of this paragraph the mortgagee may, without notice or
demand ask for and obtain the appointment of a receiver for the orotection ;
and management of said security or may remedy such default, and carry
out and perform all of the obligations of the mortgagor h~~eunder at ~
the cost and expense of the mortgagor and pay the cost thereof, and the
mortgagor hereby agrees immediately to repay to the mortgagee on demand
any sums so paid, with interest thereon from the respective dates of
such payments at the same rate as specified in the nate secured hereby •
on the principal thereof after default and maturity, and all sums paid
by the mortgagee with interest shall be a part of the indebtedness
secured hereby and in default of immediate repayment thereof by the
mortgagor the whole indebtedness secured hereby shall at the option
of the mortgagee become due and payable forthwith.without notice. The
mortgagee shall be permitted to enter upon and inspect said premises ~
at all reasonable times.
18. It is understood and agreed that mortgagor shall furnish to :
mortgagee such financial statements as mortgagee may require, but such
requests shall be limited to one statement each year. _
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~ 19. Mortgagors agree that in the event the property described here-
l in shall be incorporated in any City, Town, or Municipality, or shall
become a part of or included in any drainage district now existing
: or subsequently created, or if any voluntary act of mortgagors or
~ their grantees or acts of any Governmental agency, results in or
3 creates any new or additional taxes, assessments or levies, or if any
~ additional kind or class of assessment or tax is levied against
z the property hereby mortgaged or against this mortgage or the note
secured hereby, the mortgagee may in its discretion accelerate the
~ balance of the principal and interest secured hereby, and if such
a amount is not paid in full immediately, this mortgage shall be in
~ default and subject to foreclosure.
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In Witness Whereof, the nfortga~or has dul~• signed, sealed and exccuted this instrument in the presence
- of the suLscribing w°itnesses, the da~~ and ycar first aforesaid.
= Signed, sealed and delivered in the rc~ence of:
" / - ' _ lif .S
~ Charles W. Crooks
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~r _ _____________ci_.s.,
Two witnesses.
4~: ° ~ 20U Pac~~ - -t~..s.~
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