HomeMy WebLinkAbout1257 pnrt o[ tl~e indebtednese aecured hereby ia unpaid. anci any
reasunAt~te expense incurred iei ao doinq ~iiall become par•t of . _
tlie inciebtednes~ secur-ed hereby~ end atiell become immediat.ely
~l~~e and peyable and shall bear intere~t et tl~e rete pr•ovided
lierein Cor matured obligatione; I~o~rever~ it is exprPSSly
understood nnd agreed thAt eaid halder is under no obliqation
ta do so~ except at ita own electio~t~ a~id faili~re c~n ti~c part
~f sucl~ holder ta take any action hereunder shall ttol conslitute
a waiver ~~f furtlier breachea of such covenants; it is furlher
cove~~r~iiled and agr•eed by the`said Mortgagor tt~at he will not
mii~e or- ca~ise. aul.horize or permit~ any mining of phosphate~
liroerock~ l:mestone, clay, sand~ oil, petroleum, or otlier
minei~al oi1 the lands sec~red by this mortgage without tl~e
prior wr•itten conserit of the said holder~ and any violatiot~
of thi~ covenant shall give sAid holder the option ta declare
a dei'r~ult_ oti saic! mortgage at~d accelerate the principal
bnlance d~ie on ttie note hereby secured. togeil~er with any
ottier rigt~ts in case of default as otherr+ise provided in this
instrument.
rlortgagee will from time to time join in plats or
r•eplats or dedications of public roadways or utility easements
of ~~nrelensed portione of the property enctimbered by this mort-
gAge. "I~l~e joinder by the Ptortgagee in said plats or roadway
cieclications will acknowledge. in effect,~ that the lien of this
mortgage ns to ti~e deeiicated roAdways is subordinate and subject ~
in nll respecls to the dedications or by the terms of' t.he plat
ur plE~ls conteining such dedicat ions, provided MortgaRor is
not in clefnult under the terms and provisions of said note
und mor-tgage.
~t anv sum o~ mun~v ~~~r~in r~~~~rr~cl lo ~~e nof promplly pni~ witf~in thirty c~oys n~xl a(IPr
I~ir sont~ ~?~rom~c r~u~. or iJ ~ar~~ an~~ p~~~ry 1~~~ at~rn~?n~nls. stipu~nlions. cont~ifions Ofl~ connna~~ls o~ c~it~
nol~ an~ ~~~is morli~ar~~. or ~il~~rr. nre nof ~u~~y p~r~orn~~~. comp~i~~ u~il{~ ancl a~~i~~t~ ~y. t~~e~~ 1~~~ ~ntirP
sum m~ntion~~~ in sai~~ nol~•, an~~ I~~is mortqa~~, or f~i~ entir~ hnlnnt'e unpaic~ tl~~r~on, s~~a~~ Jorfl~~nil~~ or
~~IP/PA~Ior. nl ~~1P On~IA/l Or ~~IP moriqa~~~~. F~~~om~ 011(1 ~1P (~IlP O/ld ~ay~l)~P. anyfl~in~ III Jlll~ tIO~P O/ ~IPIPifI ~
l0 1~~~ ~onlrary nnlu~il~~clon~~inr~. ~'ni~ur~ ~~y t~~~ morfnatlp~ !o ~x~rcise any oj i~~e ri~l~ls or opfions ~~rein
i ~n-nri~~.•~~ s~~n~~ n~~f concfifuir rt u~air~r o~ any ri~~tils or options uncler saic~ nole or f~is morlgage a~cruPC~ or
~
I~~erna~l~r nt-t~n~in~l-
r
~ ~n ~Uitness ~tlhereof~ ~~IP SO((~ morfg~c~or ~IAS I~PrFUnfo SIl~f7P~ 011~ SP~~P~ ~~PSP PIPSPt1~S ~~P
~
~~ay an~~ yrar irsf a?nr~ ~vriUPn.
~
~
~ rigned, sealed anu cielivered
~ in the presence of: - °
- ~
~ /r
! ! ' f ,~i_ (L . S . )
' ste
~ f i' ;i • ~
STATE OF FLORIDA )
. s s
~ COUNTY OF DADE )
j BEFORE ME, the undersigned authority, duly authorized to administer
~ oaths and take acknowledgements, personally appeared MICHAEL H. MALE, as Trustee,
i~ to be known to be the person described in and who executed the foregoing instru-"
~ ment and he acknowledged before me that he executed the same for the purposes
therein expressed. .
~ ~a?~~mnr~~ :
~ WITNESS my hand and official seal this 30th day o~.~`~~p~p~~~¢,,1974.
~ .`~~`~.4'~` 1',9O/i~~~
~ My commission expires: ~ ~ ~ A =
~ ' ~"=x< ~ ~fr; ~ ~ ~
T~__ R y'.
~ September 25, 1976 NOTARY P~~' ~
~ ~State of Florida ~~~~jg~ L~ C '',z '
~ . C,~
~ F(vR''J~`
'~~~.7 '''~~~//~~iUn.~A N.
6o~K 235 ~a~E1256
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