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~ - ; R c::~ r=ui~r~as. C~ERK I i ~
~ ~ ST. LUr,IE COUNTY, ; ~
, FLORIDA i
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including •ny replacrmenG of, ot additione to, sucA ct~attele: ~
TO HAVE AND TO HULD the said eropa and ehattele unto the Covernment, torever.
1IL THE BORROR'ER COVENAN'C'ti and a~creee thxt: ?
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~1 ~ He is riKhttully in {weerseion of tht nbuve-deecribed property at thr locatiun ..U.trd. he i. thr ~baulute nnd r~clusivr owner o[ the exid pru{irrty anu +aid
proverty ia free !rom all liene snd encumbren~e~, etcrpt: IN~ prior lienn uf th~~~ Go~.~rnmrnt which lirn+, i[ .iny~. .+hsli rem~in in tull iorce xnd rP[ect: !bl r
~ J Iandlord'~ atatutory liens xn Prm•idrtl by the lawK of Floridn: ~cl otArr lian. ur i~~.~umhrnnc~s, xe fotlowx•
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4- ~ Landiard~s i.nterest under cash or share ren~er agreement dated 6-1-62 (~-year lease)
k~ ~ arxi he wiil warrant and de(end eil preperty hereby mort~aQed aQainst ~y of a11 persons wfiomsoever. '
f¢l T'he marlcs ~nd trand¦ above uaed tq describe any livestopk Qre,the holdir~{ br~nds and carcy the title, although ttfe liveelock may have
C othcr Wands or mrrks; " ,
~ V (3) He will properly care for aIl the property hereby mozt~o~ed; .he will procnptly pay all tazps, tiene, and other chargra oa~ensed upon o~
~ att~chinQ to the pmperty martQ~aed hereby durin~ the timc thla moR~e~e i• et[ectlve•,' he will, to the e:trnt permitted by law, pay the Fc~t of rny
`y' lien aearchee, Cilin~~teconlin~ or othrr coets in peHectlnQ, eztendinQ, renewin~ or othrrwtae,eetablishica~ and contlnu~nQ tFe lian of thls tquRQaQe, ~
in e(frct until the fMebSedne~s seeuted hereby ha• been pa}d in tull; he wil! rot sell, remove, or esuuifiber the property hereby morte~~ea or euffer
~ othero tu .:o so wi[hout the written ccc~aent ot the Government lmmedlafely ptecedinQ such eatlon(ezcent thst the ~orrowcr may useh~rvected crops ~
~ mortQaQed hereby in auch amaurrts es may be necessary• to cere properly !or llv~stock mortQ~Qed fiereby, and any other Ilveetock owned by Lhr .
~ t Borrower end mortQaQed to the (3overnment); he wi? uae the [urds edv~nced by thr Governmant fcr the pwpoae~ tor whlch such odvonces wero mede
~ ~ end oll propertlee and Caeltitie~ ewnrd by him or proeured throuQh ¦uch rdv~ncea !n accordrnce wlth his apeplicotion tor ~aid [unds ~nd wllh ~uch
y .U Fc+rm and Home McnaQement plan •s may be aQreed ~pon (rom llme to time by the partles herrto; md will, if requested ln writlne to do so by the
~ G~vemmenl, keep the property hereby mort`aQed fuliy insured, [ar the bene(!t uf the Government es ita Interrsta may appear, oQslnst loss by thett .
~ or by fire or other a~turel c~uses. [f he trifs or r~fuses to insurr any such prtperty otter havinQ been roqueated as ~foreraid, the Government, at
ita nption, m~y pl~ce such ?n~urance In force and the amount of the premium there(or ¦hall 6e added tp th~lildebtedness securrd hereby. Any
£ ~ proceeds collected under in~tarurce polieie¦ provided to~ herela, st the opUon ot !he Govemmer.t ahnJl be rppfted to the drbt errurcd hereby or '
ahall be ysed by ~he BorrOwer, uadrr tAe dircetion a( the ~Qoverrtment, for the replecement or rrprir o! the property atolen, damaqed, or destroyed;
~ (4) I( at any tlms, it shaA appeAr to thr Govemment that the Hortoxer~ mey be able to obtq3n ~ loon !rom a productlon ctedtt as~oc'lation, ~~d
r t Fcderal iwad bank, or other re~ponaiMe cooperative or private credit wirce at reoson~ble rates ond terms tor ioens (or slmllor purposes ~nd perioAs
o[ time, .he 9ozrow~er w311, ~qsod request af the Goverrunent, qn+ly for ~d apcept ~uch loan in sulflcieat ~mount to repey the Govemment ¦`d to pay '
~ ~ for any slock necess~ry tq bn purchued ia the cooperative lendinR a~ency in coaneetlon with the loon; ~ ~
(5) He will, io order W~ecute or better secure the atoresnid indebledneae nnd eo IoaR as ~nY DarC thereof remnins unD~~d, execute snd deliver b Ne Govern- - `
~ ment, apon demand, at sueh place aa may be eyecifled and in such torm aa the Government may re~uire. additional erop and ehattel mort~raf[ee or other ?
aeeurity instrumeqts on t6e property Cavered Sy thie mortyiaKe and on rfhy otl:er' ervpe or other per~onxl P~Pttty th~n oaited or thereafter atquired by him : and r
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i6~ The Government nay enter at any reuonable ti~e uDOn the Dn~~M* ~ere wwy of the•property 6ereb~ reortgaged ia lcxnted a~d inapect the aame. *
~ ~ IV. F'ItOVIDED. NEY~EBTHELESS, tAat tAeee preaents pre ~upon the eYpr"ess eandition that it the Bortower aha11 pay unto tAe Covernme~st s11 amount~ ~
~ ~ hereb~ ~ecured, and ahsU f y perCorm ali t6e feran, toven~nLr, a~reemenEi add eondltions of this mort~~¢r, t6e~ thi~ conveyanQ sbatl be void, otherwise to
remain in fn11 tora and e4fecl. , ~
V. $UT, IF DEFAULT $E 3lADE in the VaYment nf anY deAt aecuri~l bereby, or of arty inatallment of Drincipa! cr inlerrrt taereon; or if •ny of tfie
p reprceentationa or varrantira Aercin made by the Borlow*er or made by him in hia application for sny toan eecured hereby prove felae in nny reepect; or i( thr
~b f3orro~ver faila ta comply with any of the eovenanG or xgreemenG herein contained: ~r if the Borrower or either of them shnll be ~djudi~rtrd a b~nkrupt, or
cammit an set ot bwnkruptcy. or make e Beneral aaai~rtment for t6e Leneflt of ereditore, or take advpnU~e ot eny Stnte ar F'ederal inaolvency law; or i( any ot the
D~Yrrt.Y hetrby rport~ed ia atuchcYl or levied upon by Any pernon other than the Covernment: or if tAe Borrower or either ot them a6a11 die or become ineom-
petent: or it the GovernmenC nhali deem i4xif eneecnrc: the Government may, at ita option. foreeloae in anp manner permitted by law or exereise any or ali of
~ the rem~ediee hereinefter sDecified, the exerciee of any of w~hich sball nat be a waiver of any other sucd remedy or of any other right ot remedy otberwiee avaii-
- able to the Governrnent in law or tquity tor the entorcement ot this rnortgaRe, or (or the eollection of the indebtealness arcured hereb>, or [or the performance of
the rnvenenk~ and aRrermenSe hereim m~tainrcl.
(I1 'The Coverhment may declare the w6ole of t6e indebtedne~ eecured heret~y at once due and payable:
(?1 The vernment may make euCh expendi!umf and perform euch atta ae it deema neeereaty to maintain the vwlue ot or to prot!~ct ar nrecerve the property
hereby mort~ca~ed or Q~e Governme~iYe lien thereon, includinK the coet of lien eearchex nn~ filinK feee, the payment of taxea, water xaetsunenta, and similar
char~ee, and to dixharRe oiher liene snd encumbrsncee upon sueA vropertp, aid tor each purpoeea s6a11 have aecese to aueh vroixrty nt any reaeonable t.ime:
' (SI The Government may cultivate and harvat any crc~pe mortKaKed hereby and dis~rae ot the ei.me nt any time before or atur Furvtet, in anr manner
~ herein prnvidri: or wrrroitted for the aale of property upon torecloeure, snd for auch pur•,~oae may txke poweesion ot su~h erops:
(i1 The Govrrnment may foreclo~e this mortRgRe by takiaK poese~sion ot the ~roperty hereby mort~abred or eo mueh thereof ae it ma> deem neeeeanry to
ea:iafy all indebtednesa eecured Ae:eDy, and nellihR tl~e eame either at yrivatv ea[~ or public auction, with eueh notiee sa ia re~uired to be Riven or ia permitterl by
tAe Ix~ve of the Statr of Floridx, and uniil auch sale can be completed ths Government may keep, care lur, trnneport, nnd uee the asme:
~ ~ I5) Any expenditure made or ineurred by the Government in meintaieinR the value of, protecting, or preservinR any pmperty covered by thia inetrument
ur the Gc~vernmenYa lien thereor, or in cultivatinQ, hnrvesting, or aelling any croDa mottgaRed hereby, or in foretloeinQ, fxkin¢ qossession of, keeDing, carintt for,
Lraneporiing, or eellinR ~n~ property forecloecd, toytether with intrr?st thereon trom the date of ezpenditure, ehall be eecured herebp and ehsll bc immedietely
due and payable at the place of payment of the lateat note deeerebed r+bove, stiitlwut demxnd. Such amountn paid by the Gocernment Yhall benr inureat (rom the
4~. 1~ date of ezyenditure at the rete twrne by the ebove-deaeribed rrote if only one ia dexribed, or i( more thnn one r.ote is des~riEev! above. at the rete spetifed in the ~
~ Ixtest nate deacribed xbove unleee the G~vernment determine. tha! the nmounte arr paid for the prutection of ita :ntereste under another note deuribed tbove, in
„ whicA eveni the rate shaii br the aame r.a aD~'~fied in auch other note;
~ v 161 Thr proceeds reeeiv~l by the Covernment at any asle or tor the ux of any pruperty mvererl by this ~nst-ument shall bz xpDlicd in diacharRe of any ~
indebtr.lneaa secured hereby, or cf any other liens. chart[fe. or encumbrances upon sach proprrty or ~roreed;, or in dia~har~e of any uihrr indebtcYlnesa Ra prr-
~ ~ ~c-ibed in FHA ReguJntione referrrd Uo in paras[rnph VII hereof, and the surplux, if xny, shall be DK~d tn the Borrow~er: and ~
~ (71 'The Botrower hereby waivee a!I riKhtn of exemDtion ne to perwnal property conferred by [he Ixwa of Fiorida.
- VI. 7T IS F'UFiTHER ACRF.ED THAT:
f:l Any detwlt hereunder ahall constitute de4nult under any ather erop or chxttel or reel estnte sreurity in9trumrnt hetd 6y the Government nnd exe~uted or
~ A+eumed by the Bo~rower, and defxult u~der any euch other eeeurit~ inetrument ehall constitute default herrunder;
12 ~ Ai xny eale made her_undar. any of the P$~~ea heretn ma~ purchxee ef it they were not Pgrties.
_ (3) T'6e failnra of the Government to exerciee any right ~erevnder, or the reee, tanee of any vRyment or performance atter de(autt, shall not be deemed a
" w:iiver of nny riRht hereunder. `
(~i =crx3 "R^r_*++~ver" ehall be conetrued to include the heiro, wccesaor~, adminietratora, e;.~eutore. ae~ians. aKpnte. nnd principaln of the Borrowerts) or ; e
either ot tAem: ihe word "Governme~~Y' ehall be mnetrued to inelude t}:e aasiRne and a~enta o! the Uovernment:
(S} All riKhPS, privitegea, benefite, o~tiona, end powero eonterred hercin on the United SLatee o( America mxy be exercieed on behrlf of ihe United Statas ot
~me-i ~ ::.e ;a:,--ta.q of A¢riculture. or his duly authorized reDttsen4tives, or by thr head o[ eny o[her a~[ency of the Fecierr.l Go~+ernmertt thet may from
Gme Eo;time bp vaLed rrith euthorit~ over the ~ubiect macer oi thie oentract, or his duly authoriard repreaentativee: end `
161 The ~nvtlidity of any one or more of the proviaions ot thie moM.~[age ahxll not aRtet the remaindQr ot the provieion~. j
II Vfl. Thie insin~ment ehall be suGject to the proeent re~~lstione of the Farmers Hame A.dministrntion, and !o ite futu:e reF[ulatione noi inconFistent ocith .
the e:prees pro~•isione hereot.
V[fI. IN WI'fNESS WHEIZt:nF Rhe eaid Borrower(n) hae (have) hereunto art.his Itheirl hRnd(e) and iaer.l(s) the dsy and yesr in thie inatrument nrs? ~
•bove written.
~ ~ 3iRned, ~eai.d, s liversd by boih $orrov~-ere ir. the prr,sence of: _
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~ P~HER~BY C~'CIF"'C.-f3iil~,on thia day, before mc, an ofFirer duly Ruthorised in the S!ate a(oresxid nnd in the co~~nty aforesaid to tike ncknowledKmentn, {
perxonallY aneexred.-----:l~ttR.~--~.~__I?i~?g__~~_ Juli~Y4!---~'-~- U~-S~~---------------------------------------------------------------~-----• :
t~rie knovn ta be_:be peeeed(~j deur.bed ia Rnd who execu4ed the [areproing inatrument xnd ____~V~ eknowlcdRed befare me that ~Ae_
esreJLed ttie uma. i(-'
-.1ViTNE.S$ handt tial ~exl in the crountr xnd State taet atore,aaid thia ____________y o uf __~~:r5~'1~jr:__________, A. U.. 14_6 j ~k
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