HomeMy WebLinkAbout2648 lYORTCACOR DOES FG'RTHL'R eeo tranafer, r~t over, aasign •nd Fl~d~e ueta ldort=~ee all erop~ naw
~rowit~ an3 hex~eafter~o wn on the mort~a~pmisea. hereby givin~ snd ~rsnung unto Mort~e ~ first ~nd prior
lien tberean~ pro~idad, howe~es, that ~ach lien ehill be ~nd is hereby m~de expresaly subject and ~ubordins~te to aqy
crop lien or crop moet~?~e encnmberinQ ctops which come into ezistence prior Lo forecloaure aala ~s prorided by tbis
ma~t~~ ~ the pro~ions ot ebuae 10 6arooi nothwitl?etsnditx~. Ariy such crop lien or emp mort,gx~e shsll not lwwe~er,
be s lien prior Ro this nwrtsap on sn~ crnp coenin~ into ez~stence subeequent W said iorecloaure atle. "Come into
existence" and "cwmin~ into e=istence ihaA, foz the pu~oee of this mortg~ge, mean bloom in the ease ai erops iran
perenniai plandn~s u~d orchuds~ a?nd shall mesn plantinR in the caae o! cropa from annual or more frequent pl~nt-
inga. NoLhing herein contsined, boMre~rnr, shsll opente to dubordinate the tien uf this mort~~e ~s aflectin~ trees or
other pereanial plsnts' bnt shall w opariate u to the cmpt hsrvat~d therefrom.
TO XAVE AND TO HOLD tbe ~bmre ~ranted and daeriDed premiaes unto Morteagee, i~ ~uc~or~ ~nd asei~as
forrver.
Mort~a~or hereby eovenanta that ~iortgag~or is indefeanibly eeised of the MOTC~'6~ PIeft116p in fee aimple; thst
Mortga~or ~a ia actual po~~ion thereo! and hae fuU poaer ~?nd Iawiul riRht to con~rey the eame in tee s?mple as
aforeeaid; thwt it shall be lawful for Mortg~gee at ~il timca to peaceably and quietly enter upon, hold, occupy an~3
en,ioy all of the Mortga~ed Prerniaea; thst the Mortgaged Premisea are free from all incumbnncea except u afore-
ea~d; that Mortgsgor w~ll make auch further aaaurance to prove MortgaRnr's fee aimple title as mey be reasonably
required snd that Moxtgagor will and shall fully warrant And defend the title to the sarne unto Mott~a~ee againat
the lawful cisims snd demands ot sll persona whomeoever.
PROVIDED, ALWAYS, and theae presenta are upon the ezprees condition that if Mortgaq~or ahall pay unto
Mortgagee Lhe sums of moaey sa provided in the promiysory note aforesaid and any extensions or renewsla therrof and
interesi thereon, at the Lime snd in the manner therein pro~ided, whether in due course or under any covenants or stipu-
latinns herein contained, and shali ps?y sll other indebLedne~s or liabilities secured hereby and shall well and truly keep,
perform and eamply with all the covenantg, a~reements and stipulatiena herein contained, then the estate hereby granted,
bargained, ~old and conveyed ahall cease and determine; otherwise these presents ahall be snd remain in full force
snd effec~
And 1~Iortgagor hereby jointly snd aeveraily covenants and agrees to and with Mortgsgee ae follown:
1. 'To pay all sum3 secured hereby when due.
2. To pay ail taxes and aasessments st any tfine imposed, levied or aaseased on the :Kortgaged Premiaea or the
indebtedness secured hereby, or the Mort~agec's interest in the martgaged premises before they becc~me delinquent
(and produce receipta therefor upon demand), and any claim, lien or incumbrance againat the Mortgaged Premisea
which may be or become prior to this mortgage.
3. If the Mort~sged ~'rnmises or any part thereof become embraced within the bonndarie~ oi any irrigation,
lev~e, drainage or other improvement district (eacept school or rosd) and such district ahall have power to iasue bonda
or othe. evidence of indebtedness requiring the levy and collection of taxe~ in payment thereof, the note hereby aecnred
ahall at the option of the holder thereof, without notice, became due snd payable, notwithatanding anythin~ eontsined
in said note, or this mortgage, or any law that may hereafter be ena~te3.
4. To keep the Mortgage~ Premisea other tha? land continuoualy insured sgainst loes by fire and' evch other
hazards ~ae may irom time to Ume be requees;Le~ by Mortgagree in companies anu~ in ~moumca in each carnpsny a,a m~y
be approved by and be acceptable to Mortgagee; all inaurance policiea ahall contain Lhe uau~t atandard mort~a~ee
clRUae making the lo~ payable, without coatr~bution, to Mortgagee aa its intzrest may sppear, and shall ba delivered
promptty to snd hetd by Mertgagee. Not leas th~n ten daya in advance of the ezpirat~on oi esch poiicy, to deliver
ta Mortgagee s renewal thereoi, together with receipt for the premium of auch renewal. The ptnceede af anq euch
inaurarce or any part thereof may be applied bv Mortga~ee st ita option, either to the indebtedness hereby eecnzed
` or to the reatoration or repair oi the pmperty damaged.
6. Thst Mart~sgor (i) will not rema~e or demoliah nor alter the deeign or atructural charscter cf anq buildin~
now or heresiter erected upon the premiaes untesa Mot$a~ree shall first cansent thereto in avritin~; (ii) will maintain
the premiaee in good condition snd repsir; (iii) will comply arith all laws, ordinances, re~ulstiona, covenanta ~nd
restriction~ affectin~ the ~remises, and will not suffer or permit any violation thereo:; will furniah such information
respecting use and oper~t~on oi the pr~miaea aa Mortgagee may from time to time dem~nd.
6. That Mostgwgor (i) will not commit or euffer wsate of tt~e gremises oa impaitxtstnt in anq msnne= 04 the
agriruiturai value of the land and without limiting the generality of the foreqving, will culti~ate, irrigate, fertilize,
spray, prune, re~lant orcharda and citrus grove~, keep the non-timber land free from foul i?nd noxioue weeds, breieh
and other undes~rable growtha, prnvide for atock aelection, crop rotstion, drsinage, preeention of eroeion and paature
maintenance in accordance with gvod husbandry and the new approved methods of a~ricultural develo~ment; will not
cut or remove or suffer cutting or removing any Lrees ar timber on the Fremisee (ex~ept fot domeat~c purpodee} or
remove turpenLine or permit any cuppir.g for turpentine withau~ Mortgagee's written consent; (ii) will operste the
timber landa on the premiaes in eccordanc2 with sound practires of production, care, and harveating; (iii) will take
thoae accepted forest asnitatian snd control mea~ures which are reasonably necessary to protect said timber lands
from disease and~ insect infestatian; (iv) will take all measures which are reasonably neceesary to protect aaid timber
I~,nda from loss by fire, which meaaurea ahall be At lesgt equsl to fire contro! practuas generaliy followed on timber
pror3ucing property ~n the i~ame ~ener~l srea, inciudinR the adugtion of suitable prevention snd control measuree, the
maintenance of roads in such manner as to pertnit access of mobile fire-fightinR equipment to all parta of the timber
landa, the mainter~ance of fire lanes, pmprr disposal of siash and siahs and full co-openYion with state and federal
agenciea om m~tLer of fire prevention and control.
That as often as foreat, wild fire or other hazard, including windstorm, damage the timber Isnds, Mortgsgor
~hail deliver to Mortgag~ee vvithin 2iD days after the happening of each such occurrence, a detailed atatement in writ-
ing, spe~ifying the number of t?cres damaged and an estimate of the nature and eztent oi the resviting damage; that,
if in the opinion of Mortgagee, such measures OP equipment are ina3equate, the Mortgagor Will, upon writtEn requeet
of the Mortga~;ee, adopt auch sdditional meaeurea and scquire and maintain auch additional fire-fight:n~ equipment
as the Mortgagee may require.
7. To pay' ta MortgAgee upon demsnd ell avmn, ineluding coat~, expenee snd reaaon~ble ag~ent's and sttorney's
feee which it may ezpend oe become obligated for in proceeding~, legal or otherwise, to establiah or suatain the lien
hereaf ar ita priority, or in defending against liena, claims, rights, estatea or eaaementa of any pereon Qr pexaona
aaserting priority hereto, or in payment, set~lement, dischsrge, or release of any asserted liena, claimn, righta, e~ae-
menta Qr eatates on counsel adviaing Mortgagee that the same is auperior to the lien hereof, crr for sn abatract or
aupplemEntal at~atrsct,. together with intereat on all such sums so paid at the rate of ten per cent (10~/'0) per snnum
on the dste the safne sre paid. MortRagor elsn covenanta snd agreea to pay al] coets, charges and expensea, includinp~
reasonable s~torney's fees and cornmissians and ab~tract charges or expensea paid or incurreci by Mortgagtt in eon-
nection with any auit to enforce collection or to foreclo5e tk~is mortgage in the event this mortgage and the note or
other indebtednesa and amoun~ta hereby s~cured be placed in ±he hands of an attorney for collection, and for the psy-
ment of all auch unounta thie mortgage shall etand a.s eecurity and any auch aum or sumn ~o psid shall become a part
oi the indebt~dneaa socured hereby.
8. In case Mortgagor ahsll iail to promptly diacharge any obligation or corensnt aa provi~ed herein, Ddortg?gee
sht11 have the option, but no obligation, to perform on behatf of hlurtgagar. Any amount whieh Mort{~agee msy expend
in pertorming such act or in connection therea~ith, with intereat thereon at the rat~ af ten per cent (10°ro) per annurn.
Lo~eth~r with all ezpensee, in~ludin~ reasonsble attorney'9 fs~s incurred by Mort{tagc~, shall be immediately payable
by Ltort~~or and shall be eecused b~~ ~hie mart~see, snd Mortgsgee shali be aubrogatcd to sey righG, eqvities or litna
~o diechar~ed. t; n,~ ~1
bi~'~~~