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~ C:IRL"I'ON 6 McL:~IN
. P. O. Aox 3779
• t~,y.~ ' ~ Fort Pierce, Florida
P. I. C. I.o~N N~Pap~'~~?
~~~o ~~9~?~"
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~ - *~~;o;;~-----....
~ 4 ~ ~ ~"~S Florida Mortga~e
s M.
~OGE o~'~ T o~p ~t~~ 11Lh d~4Y ~ d uA8 A. D. 19 ~j ~ by wnd between
~ CREST GROVES CO a Florida corporation
~
•y
d the County of St. Lucie , in the Bt~te of F'forids, Morigagor, e?nd l~erein+~fter w deeig[?ated, ~d
TI~ PRUDENTIAL ,L~1~URAAICF OOMPANY OF AMERICI!
a oorporstion ot the 8t~te d Ndb? Jer~ey ~~e i~ p~~P+t offioe in tba City at Ne~ra~'k .
9tste of 13~t ~@T~C, ~ M~~. and heteinwtter eo d~+signsted:
~Ph~ereas Mort~or is jwt~y indebtadd to :ldortga~ee in Lhe prina~ip~?1 tum d - - - - - _ ~ ~
--GAIE HUNDRED EIGHT`Y SEVII~ TI?OUSAND ~'IVE HUND~L~ AND Iv'0/1Q0•(~1G7,500.OQ)•• -Dollan,
as evidenoed bq s eertain promisrory note of even d~?Le herewith, the fltuil payment of ~vhioh im due on Jtule 1 '
19 $6 . eaeouted by Mortga~or
?nd delivered W Mortgsgee, eaid nots being drasvn on the ouetomary form of Mortg~gee, ssme being Form No. Comb.
fj3~ Ed.1Q_55 ~S~~, and by referenoe being mede s part hereot to the ssme extent aa thouQh set out in
inll herein.
NO~ TffiS IIITDENTU~E liITNffiS$S'PH, thst Mortgsgor, ta better eeoure the p~ymet?t of the prinaiprl eum set ouL
in awid promissory nots, and intereet t6ereon, wd in oonaiderstion thereof, aad for oLhar valuabie oonsidere?tione, has granted,
bergai~ed aad eold ~nd by these presenta doee grant, bargain e~nd eell to Mort~agee snd to i6e euc+oessoaa and aeaigne forever,
all that aect~in pwroel or pieoe of lwd lqing snd beeng in the Connty ad S~. Li1CiB +~d ~ F'lorids,
more psstieularly de~osibed ~s
'The NW~a7d the ~14 ar th~ NE~ and the ATh14 of ~'~e SE4 of Sectian 1,5~ Tcnmship 35
South, Range 3$ East, EXCEPT~IG ther~frem all right~-of-Way for drainage canals
and public roads.
Including as a part of the realty all permanently inatalled irriga~ion system~
and equip~ent~ including all pumFs, motore~ engines, pump housea, tank~,, pipe~
ar,d n~ina, pipelines, together ~rith a11 equipment necessdry for the use and
aperation thereof, noa ar hereafter placed on the prea+ises, and any reglac~ments
' ar renexal~ thereof.
21. ?ara~raph {a) ~I} of the "Together xith" clause h~reof ie hereby modified tc
the e~ctent thai~ the mortgagor dees hereby mortgage, trgne€er, set over~ aasi.~
and pladge unto the mortgagee a7.1 citrua arops no~ and hereafter grrnring on
said preIIiises, hereby giving and gr~.ntin~ unto the mcrtgagee a fir~t and prior
lien t,hereon, pro~vided, howewer9 that such l~en ahall be and is hersby expr~ssl~
made sub~ect and aubordinate to any crop mortga~e aecuring a loan ma~de by a
r~ca~nized Production Credit As~ociation covering ar~* citrus crop xhich cemes
inta existence by ~+loom ~rior to foreclosure aale ar oth~r acqui~itian of the
premises by the ~ncrtgagee under thia mortgage. Any suc~ arop mortgage shall
no#~, ha~,re~er, be a lien prior to this anortgage on ang citrus crop coming into
being by bloom aub~equent to said foreclosure eale, or ather acquisition of ~
the premiaes by th~ mortgagte.
22• 3nd the said ~!ortgagor f~irther cov~nants and agrees far sa lon€ a~ ali, or any
part of the inde~tednes~ secured hereby remains u.~paid to preserve~ mainta~in and
care for the citrus groves upon ~he above deacrited premises, such care and main-
tenance to include culti~atzng, s~ra~ing, dustin~, pruning, fertil3.zing' ~atering,
protection againat daiaa~e by frost and fire, marketing af crops and replanting Qf
treea ethen needed, all to be done in a husbar~d-like manner and in aceordance With
ag~roved rn~thods of grove culture, and agree not to top~ork aai.d grov~ee ~ri~Chout
~he rrz~itt~n conaent of the holder of thia mortgage, ~rovided £urther that upon the
failure ffif the Md:tg~grnr to ~ully aompZy ~rith any or all proPisiona of the above
! covenanta, the holder of the ~a~rteane~~ secured hereby, in addi.tior. t6 all its
other ri~hte and re~edfe~ for breach of covenanta in this mortgage cantained~ an~i
in addition to its right, hereby expresEly given, ta deo'~are a de~'ault upon the
breach of ~ti,y ~uch co~enant, may, at it~ opti.on, take euch acti.on ~s it rieem~
neceaas~ry to pre~erre, mainta3n and care for the pre~niaes, and said holder of euch
indebtedne~~ ia her~by gi~en fu~l right~e of ingre~s sr,d egresa to the premi.~ea
sacwring thi~ loan in order to preserve, maintain and ou°e for eu~h grre~aieee for
ao lang aa a21 or a~y part of the ind~btednass secured har~by is unpaid, ~rrd uiy
reaaonable eaqrenae in~urred ~by it in ao doing ahall be+cau~e part of t2~?se iadebted-
nc~a aecured, hereby, and shall b~comef~nedixtely due and p~bl~ and shall be~r
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