HomeMy WebLinkAbout1942 ' . r?~ ~ . . - _ - `
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~ west 2568 teet to the point ~o! beginning. ! . : , ~ • • . ~
t . Containing 313.04 ecrea, more ~or less. ~ ' ' • ' ; ~ • ` ' • , ~ f : ~ ~ ,
. ' t f t• r; .t ' , • • ~ • . ,:t
' TRAGT IV. . ' : • ~ ' , , ~ ; , , , • ~ , ~ - , ' ,
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, i ~ A non-ex~clusive ease~neaL • for in~ress; egres8' $nd vater } conLrol aa set forth in ~ para- . , ~ ~ ;
-yi .graphs 1(a) and 2(b) of .a road and .canal easemen~ given by Wright W: Carlton and wife ' i
~.:~.to W& W tirovea Campany~ Ina. ~ and others~ filed 'June 20~ 1961~ recorded in Official ft
Records Book 12, Page 534~ and to Sdsa7.1 Groves~ , Inc. and Herschel A. Awd.er, filed f,~
June 2~ 1961, recorded in pfficial Aecorda Book, ~i~~ Page 321~ and to Burks A].den Smf,th 1' `''1
and Compere Loveless, ril.ed July 26, 1961., recorded •in Officiat Record Book 15, Page 8~ . r:~'
~.`::l~.and to Leo Groves, Inc., filed January 31~ 19~62~ recorded in Off~cial Records Book 28~
! j•, ~ Pa.ge 633, and in ar~y other identicsl easements given by Wright W. Carlton and W3.~e and. t.j
~ ;.°;now appearing of record, all 3n.the public recorda of St. Lucie County~ Florida. ''~,•~1~
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Including~•as a part of the realty, all permanently instal2ed irrigation and drainage~
i~ ~ • t
~ + : ~ ; ; systems and equi.pment, including all pwags ~ nwtors, engines ~ pump houses, tanks, pipes ~ : t,
tw: and mains, pipelines~ together ~+ith all equi.pment necessary for the use and operation
;,~i;.,,thereof, nov or hereafter placed on the premises, and any replacements or reneWa~,s - t::
~i~ 1'L ~ • ~thereof. , , ~ . . , . . ~ ~ . .t i -
f . ~
~l; 21:;.And the said Mortgagor turther covenants and agrees lor so long as all, or a~y part of ~';.=.,y;~
' i~~ j' the indebtedness secured hereby remains unpaid to preservet maintain and care for the
` ~ _ : : ' citrtis ves
gro upon the above described premiaes, such care and maintenance to include i~.'•~~
~ ~ ' ' ~ ~ • cultivati
i 1; ng, apr~ying, dusting, _ pruning, fertilising, watering~ protection against daua- ~ t'r~
i; t; ~ age by frost and fire, marketing of crops and replanting of trees r+hen needed, a11 to i,
j;.. t~. be done in a husband-like manner and in accordance xi.th approved methods of grove culture~ ,
and agree not to top-~rk said groves rrithout the written consent of the holder of this f ~
Mortgage, provided further that upon the failure of the Mortgagor to fully comply ~rith
~I1' ar~y or all provisions of the above covenants, the holder of the indebtedneas secured
}s,~.:• •
~ hereby, in addition to all its other rights and remedies for breach of covenants in this '.i •
Mortgage contai.ned, and in addit~on to ita right, hereby expressly given, to declare a:- ;
,
defautt upon the breach of any such covenant, may~ at its option, take such action as ° ~
, i;;~'; :`i~:~ it deems necessary to preserve, maintain and care for the premises, and said holder of
such ind~btedness is hereby given full rights of it~ress and e g
ress to the premises se-~~'
~~'ti'', curing this loan in order Lo preserve, maintain and care for such premises for so long ,t~
~,~,',~f as all or a~r part of the i.ndebtedness secured hereby is unpaid, and any reasonable i
~:.s~~~s; expense incurred by it ~.n so doing shall become part ot the indebtedness secured~ here-. ~•~I;
~t by, and shall become insnediately due and pa3rable and shall bear interest at the rate
t3{';;;~; provided herein for matured obligations, ho~never~ it is expressly nnderstood and agreed=-'<<~-~~
t"~~~~t;~•}` that the holder of such indebtedriess is under no obligat3on to so do, except at its oxn.~~•~
i~,~ ~ ti,' election and fai2ure on the art of such holder to take
f~ s p any action hereunder shall not :'i`t;
~,l.~f t_-; consti.tute a vaiver of further breaches of such covenants; it is t~rther covenanted and ~ J. ~
, agreed by the said Mortgagor that he ~rill not mine or cause, authorize or~permit
~.'Z :i gT~ -
z, mi n
ing o f phosphate, limerock, limestone, cl~r~ sand~ oil, petroleum or ar~y other ndn-
3,~ ;~;t.-' era1 on_ the lands secured by this Mortgage ~i.thout the prior xritten consent of the
;~;_:;=~;1.: Mort ga
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'~'~~~t to declare a default on said I+Iortgage and accelerate the principal balance due on the ~
< Note hereby secured, together ~rith a~r other rights in case of defau2t as other~i.se _
: rt
ti ; ' : ' ~ , ~ provided in this instrwnent. . . ~ ~ : ; ~
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22. -.Paragraph (a) (1) af the pTogether xith"'clause hereof ia hereby modified to the ex= •
tent that the Mort or c~oes hereb mort
~ ~ , . ~ . , , gag y gage, transfer, set over, assign and pledge . un- ; ' _ : .
i. to the Mortgagee all citrus crops not+ and hereafter gro on said remises hereb
' 3 giving and grantin unto the Irior P s Y.,~.
~ g tgages a first and prior lien thereon~ provided, hox- ' ~
i, = ever, that such lien shall be and is hereby expressl,y made sub3ect and subordinate to
~ any crop mortgage securing a loan made by a recognized Production Credit Association~.~';~,;'~`~t'
1~: ;~r',i,'.::" covering any citrus crop which co~aes into e~astence by bloom prior. to foreclosure sale; ' i'~.
! t or other acquisitioa of the preauses by the Mortgagee under this Mortgage. Anq? such~.~t::: ~
P g~ s s P b g ~ P` `x
.ti ~~`_cro mort e shall not hovever be a lien rior to this Mort a e on a citrus cro
~~~r r~}'i'•coming into being by blooan subsequent to said foreclosure sale, or other acquisition oY j:,
i ~ ~ _ the premises by the Mortgagee. ~ - ~ : ~ s
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