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Mcxtgsgor covenants and agras to cultivate and p.~perly care for a!! growing aops on the Pn>pcrty +n accordance with prevailing horticulNte pnctica
in the Sqte of Florida. ~
lt is furtixr covenanted and agreed that if u any time in the opinion of Mcxtgagce a receivership may be ncressary to protect the matgagtd Property• ~
or its rcnts. issues. psofits. crops or p~c~dua. whclher Defore or after maturity of the ~ndebtednus hercby secured or at the time of a after the institution ~
of suit to colkct such indebtedneu, or to enforce thc Mertgage. Mortgag~t. slull. u a rt?attcr of strict right and regudkss of the value of the mortgage
security for dx amounts due haeunder or securcd hercby. ot of the solvrncy of aay party bound for the payment of such indeMedness. have the right
w the appoinuntnt on ez parte application. snd without notice to anyone. by any Court having jurisdiction ot a rcoeiver to take chuge of, manage. prcxrve,
ProtuY• op~ate the A'npenY and to operat~e and conduct any business Iocued on [he Property. w collect the rcnts. issues, profits and income thereof. to
sell ud deliver all crops and produoe grvwing a grown and productd on the Prope~ty. w fertilize ud care for any groves on the Property, to rtuke all
nocessary and nxded rcpairs, and to pay al! wtes and usessrtxnts against the Property and insurance premiums for inwrance thercon and after the payment
of the expenses of the rueivership and rtmnagement of the Property to apply the net proceeds in rcduction of thc indebeedness hcrcby se~-ured or in such
rtunner as the Court shall direct. Such receivership sAall, u the option of Mcxtgagac, continue until full payment of all surtu hercby secured. or until titk
to said Property shall have passod by safe wdcr this matgage.
It is further covenanted and agresd tMt if all or any part of ttK Propcrry or an interest thercin is sold or transfcmod by Mortgagor without Mortgagee's ~
prior_wrinen consent, excluding (a) the creation of a licn or encumbrance wbordina6e to this Mortgage, (b) the crcation of a purchue money security intercst
for household applianca. (c) a trantftr by devise. not coetising an option to purchase. Mortgagoe may. at Mortgagee's option. dtclare all t!rc wms securcd
by ~his Mortgage to be immediately due and payabk. Mortgagx shall have waived such option to acceknu if, prior W the sak or tnr?sfer, Mortgagee
and the ptrson to whom the A+operty is to be sold or transferred r~xh agr~emrnt in writing that the credit of such person is satisfxtory to Mortgagee
atxi that tht inierest payable on the sums securcd by this Mcxtgage shali be u wch rate as Mortgagce shall request. If Mortgagee has waived the option
to accekrate provided in this paragraph and if l~lortgagor's succeuor in interest hu execueed a written assumption agreement accrpted in writing by Mortgagee, ~
Mottgaga shslt rckase Mortgagor from all obligations undtr this Mortgage and the Notc. -
If Mortgagee exercises such option to acceknte, Mwtgagee shall mail Mcxtgagor notice of acceleration. Such notice shall provide a period of na ~
lcss than 30 days from the du~ the naice is mailed wiihin which Mortgagor may pay the seims dtcla.-ed due. If Mortgagor faiis w pay such wms prior
to the expiration of such period, Mortgagee may, wit!?out further notice or demand on Mortgagor, invoke any remedies permiqed by this Mortgag,e.
It is covenantod and agreed that the terms "MortBagor' and "Mcxtgaget" ue used fw convenieoce herein. and wch terms and any pronains ustd in -
connation therewith shall be conurued to include the plunl at well at the singular number, ard the ma.uvline, feminine and txuter genders, whenever
azd whrnver the context so admits or requircs: and that all covenants ued obliguions of the rcspective parties hereto shall extend to and b~ binding upon
their respective heirs. personal representatives, succeuors and usigns. -
TN WITNFSS WHFREOF. Mortgagor has executed this ASortgage the 17th day of C~r tC]~,r,Y' . 19 _$Q_ . ~
Sig~ seakd and delivercd in the presence of:
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- (SEAL)
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` ~ L~ ~ ~ ~ (SEAL)
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(SEAL)
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~ (SEAL)
; STATE OF
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~ COUNTY OF
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R TTte foregoing inswment wat acknowkdged before me this day of ,
€
` 19 , by
F .
~ as President and
~
ff . as Secretary
of
a corporation. on behalf of the corporuion.
'g4 OCT 23 P 2 :19
Notary Public State at l.arge
FILE l ~ My Commission expires:
, STATEOF FIARIL~A ROGEiZ r~~,; . - ; • •
.
II~IDIAN RIVE~. LUCI"t Y j.~, t.,~
:
COUNfY OF • ' ~
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~ 7Trc forcgoing inswment wu acknowkdged beforc mc this ~ _ day of ` ' , = {~s 1' 1 ' ` -
~ Yb~ L~ r. ~ ~ ~ J•' -
~ ~9 , by ~ ~ dYX~ ~ Y~, his wife ^ ~c d - \ " si
r u_ 3
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\ n ~ .~c• ~ " • ' S~
- ' ~Notary PuWic S u ~ T~S~ .
rK MyCommissionEapires: = ~ ~
g~~K 44fi ~a~~ 955 ~ - . = , . ~ ~
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