Loading...
HomeMy WebLinkAbout0708 i i i ~ . i fJ f and shall perform, comply with and abide by eacli and every i the stipulations, agreements, conditi~iis and covenants of ; said purchase money note and of this mortgage, then this ~ mortgage ar~d the estate hereby created shall cease and be } nu~.l and void. ` t ~ ~ And the said Mortgagor, for itself and its successors { and assigns, hereby covenants and agrees: ~ , , 1. To pay all and singular the principal a;~d interest ~ and other sunns of money payable by virtue of said promissory ; note, and this mortgage, or either, promptly on the dates ~ xespectively the same severallv come due. Every such installment ~ of principal or interest not paid when due shall bear interest ~ at the rate of eight per cent (8$) per annum until paid. ~ 2. To pay all and singular the taxes, assessments, ~ levies, liabilities, obligations and encumbrances of every ~ nature on said described properfiy each and every, and if ~ ~hn„ g~jna 1hP nnt nrmm~tlv r~ai~l thP said- 24ortgagee. l~S SUCC2SSOY'S ~ j r- -...r r--- e legal representatives or assigns, may at an;~ time pay the same ~ without waiving or affecting the option to foreclose or any right hereunder and every payment so made shal]. bear interest from ~ the date thereof at the rate of six per cent (6$) per annum. ~ ~ 3. To permit , comir~it or suf fer no waste , irnpairment ~ or deterioration of said property, or any part thereof. ~ ~ 4. To perform, comply with and abide by each and every ~ the stipulations, agreements, conditions and covenants in said ; purchase money notes and in this mortgage se-t forth. ~ 5. If any of said sums of money herein referred to be not ~ promptly and fully paid upon the same becoming due and payable, ~ 1 1 ~ ~~e+ yA!'1llr}av.~.C.. or ii eacn ariu evei•y i.ii~ ~ 1.1~lUlQl1V11~ ~ ~si~~,«~......, and covenants of said notes and ~his mortgage, or either, ~ are not duly performed, complied with and abided by, the said ~ aggregate sum represented by said note shall become due and payable ~ forthwith, at the option of the i4ortgagee, its successors or ~ assigns, as fully and completely as if the said a~gregate sum ~ ; was originally stipulated to be paid on such day, anything in said promissory note or herein to the contrary notwithstanding. ~ ~ ~ i 6. To preserve, maintain and care for any-citrus : groves upon the above described premises, sd long as ~11 or any ~ - part of the indebtedness secured hereby remains unpaid, such ~ j care and maintenance to include cultivating, spraying, dusting, ; F pruning, fertiliaing, together with watering and protection against ~ ~ damage by frost and fire where customary and in keeping a~ith ~ ' local practice, marketing of crops and replanting of trees when ~ needed, all.to b~ done in a husbandlike manner and in accordance ~ ~ with approved methods of grove culture. ~ ~ 7. Mortgagor further agrees to pay all and singular ~ ~ the costs, charges and expenses, including attorney's fees, ~ ~ reasonably incurred or paid at any time by said ?•1or~gagee, ~ ~ its successors, legal representatives or assigns, because of the ~ failure on the part of said Mortgagor, its successors, legal ~ ~ ~ . ~ ~ ~ ' ~ - 3- ~ ~ ~ 7 { e j i ~o~K ~.36 ~.03 ~ ~ , - ~