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HomeMy WebLinkAbout0500 'I F'ur~u :C1 N'Iur:Jw !11111tT(:AUN: 11}~:1~:1~ th'roin l'urDi~'r'hUUII.! ~UTBLANX .~t., ~ 5 r.. ~,.+~ce I~ ~I Far 1'twtuatat kterurdtn~ •r!r : .r.o : . _ 1;L ~~r .1 L~ ~ ~ ~ ~ ~ I I t 0 .l ~1.~~,;~.~.. _ I 'I $~e~u,ted the 1 st day oj September , .q. D. 19 6 5, ~ bj/ RU-MAR, INC. , j a corporati.on exiatin~ under the lawa of the St~et6 of Florida , ` and havin~ ita principal plaoe o~ businesa at ~ ; party of the Rrst part, hereinafter called the .htort~a~sor, to 1 ~ ROBERT L. GRIFFIN, 136 North 15th Street, Fort Pierce, i~ , , of the County of S~ • Lucie State o~ Florida !i partY of the second part, her~incYfter eall~d the .Mort~sa~ee , w1tIIe88C~ Thc~t for divers gooa u~rd ua~luable consic~erations, and also i,i in consideration of the ag~regate sum na:rced in the pramissory note of even date herewith, hereinafter described, the said .~ortga,¢or, doth grant, bur~sain, sell, ~ alien, rem,i,se, tel~ase, convey and conftr~n unto the said .hfort~aaee , i h i s h.eirs aru~ assigns, in fee simple, all that cer+ -in tract of l<znd, o~' ~ ~ tvhich the said .1l~ortga~or is now seized and possessed, and i~~ actual possession, situate in St . Lucie County, State of Florida, d$scribed as follows: Parcel l: All of Section 21, Township 36 South, Range 3? East; and jParcel 2: Al1 that part of Section 9, Township 36 South, Range 37 East, ~ which lies South and East of Okeechobee Raad; and ~~Parcel 3: All that part of Section 16, Township 36 South, Range 37 East, which lies South and East af Okeechobee Road. il EXCEPTING THEREFROM rights-~of-way for public roads, drainage canaZs and electric transmission and distribution lines. I~ THIS IS A PURCHASE MONEY MORTGAGE. ~~IT IS HEREBY COVENANTED AND AGREED that as long as the indebtedness se- ~cured by this mortgage deed is unsatisfied, in whole or in part, the m~rt- jaagor shall maintain in good condition all existing fences, cattle pens land other improv~ements upon said lands; that the mortgagor shall expend ~ ~ ~a minimum sum of Fifteen Thousand Dollars ($15,000.00) per year, upon said ;lands and for the improvement of said lands, for two (2) ye~rs, beginning ~on the lst day of September; 1965, and will furnish proof thereof to the; ~mortgagee, upon request; that the mortgagor sha1L place upon and apply tp ~;said lands sufficient lime and fertilizer to maintain, and shall maintaiin, ~all improved pasture, new and old, in accardance with good husbandry and iimproved pasture planting and maintenance as practised ~n St. Lucie ;Count~, Florida; and that no lien shall attach to said lands or any part', ~thereof in favor of any person, firm or carporation hereafter furnishing ~labor or materials used in the making of said improvements, maintenance iand repairs except as subject and subordinate to the li~n of this mort- ~Igage deed . ~I TO Have ~1(~ t0 Hold the same, to~ethe.r witji t.he tenements, hered- ~ it~ments and appurtenances, unto the s~i,~,~ .r~ort~a~ee , and his ~I heirs and a.ssigns, in fee simple. Ii 1~Ild said ,1Kort~a~or, for itself dnd its success~rs, le~al r~presenta~iUes and ~I aasigns, doth covenant with said .Mort~sa~ee , his heirs, le~al representatives and assi~ns; that 4aad .Mart~sa~or is indefeasihly seized of said land ~ in fee simple; that the said .Mort~agor, hat~ frcll pnwer and lawful ri~ht to eonvey ~ said lacnd in fee simple as dforesaid; that it shall be lawful for said .Mort~aaee , his h•eirs, le~al representatives a~zd assi~rts, at all ti~nes peacecxbly 4 ~ and quietly to enter upon, hold, occupy and enjoy said lan.d; that said land is free ~j jrom all incumbrances; that said d~iort~d~or, its successors and le~c~l representatiues, ' unll make 8uch further assusances to perfect the fee sim~ple titl•e to said land in said ' Mortga~ee , his tteirs, legal representatiUes and assi~ns, as mc~y ~j reasonably be require,d; ar~d that said J6-tort~a~or, doth hereby fully wa.rrant t,he title to said Zand and will defend the same a~'ainst the lawful claims o~' c~ll person-s ! whomsoever. !i ~ I i~ i i~ ~ ~UUK ~ ;j ~ ~ ~ : ~