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Florida Mortgage
/ THI~ INDENTU~E, made this 29},~1 day ot Nove~mber A. D. 19 ~3, by and between
i. W. ~COTT 8nd MAFt~ FRI~tSON 50C?TT~ his wife
of the County uf St. Lucie , ia the State of Florida, Mortgagor, and hereinafter so designated, and
THF PRUI)EDlTIAL L~ISURANCE COI~'ANY OF' ~:~tICA
a csorpvration of the State of ~1~? Jersey having ita principal office in the City of NeKark ,
State of ~1E'W Jersey ,~ltortgagee, and hereinsitsr so daeignated:
V~'hen~s Mortgsgor is justly indebtec~ Lo Dlortgagee in the principal sum of ~ - - - - _ - _ - _ - - -
t;?d!? ??IlNYJRF37 ~ ~'I'Y T'~OliSrL~ a;~fD NO/100- - - - ° -(~15~,OOt7•a0)- - - - - - - - Dolta?rs,
s~ evidenced by a certsin promissary note of even date herewith, the Snal payment uf which is due on November 29 ,
19 ~5 , execut,ed by Mortgagor
and deliverc~ tu biortgagee, said note t~ing drawn on the customsrS- form of Tiort{~agee, same being Form lti'o. Comb.
Ed1,2-b3 ~SC and by~ reference beinq mada a part hereot to the same extent as though set out in
full herein.
NOR' THIS INDENTUSE ~ITtiEBSETH, that Mortgagor, to better secure the pa}•menL of the prinoipal sum set out
in said promisaury note, and interest thoreon, and in consideration thereot, and for ather valuable oons:deratione, has granted,
bergaineci and sold and by these pre~senc~e does grant, ba_~gair? and aell to I~fortgagee and to its successors and a~saigns forever,
s11 that certain paroel or pieoe of land lying and boing in ~,he County of St. LUC16 and State of Florida,
uiore p~?rtic~ularly d~scribed as
~ The South 1./2 of Section 5~ To~nship 3Lt Seuth, Range ~9 ~=ast, LSS ~`a ~::CFrT1RG
, T'~:"r,REFR::ri all rights-oF~-way~ for pu~lic roads az~d drainage cana~s« subject to
easem~nts of record.
- includin~ as a part e: the realt,y a1Z perrianently i.n~talled irrigat~icn systems ~nd
• eaui~-r:ent, incl~:din~ all pumpss m~tor., engine~, pum~: hcuses~ tanks, ~~iF~es and
' m~ins, ~ip~lines, tegether ~rith all eauiFinent necessar~ for the use and cperation
" therecf~ now or hereaf~er placed on the ~remi:~ss, and any replacEmen~~ or ren~:walu
thereof.
F~.ra~;ra~~h (a) (1) of the "To~-ether with~' clau:~e. hereof is here~y mbdified }.o
the extent trat the *:ortga~or does hereb~~ mortg~~e, transfer, set over, a~csign
anc: ~led~e unte the A~ort~a~ee all citrus crc~:~ ;~or~ and hereafter ~rowing on
said prer~:i~e~, riereby~ ~ivin~~ anfl €rantin~ unto the ~'ort~aE•ee a far~t and pr~or
lien therecn, ~rc~ided, ?^owever, that such lien shal.l be and i~ herety expres~~~
made subjeet and subcrciir.a±~ tc an;; croT mcn-t~a~:F secur~n~ a loan n,ade bv a
reco~nized Froducticn Credi±. A~:eciaticn coverin~ an,y citrus cro~ which ceme.
ir~to e~ci~t,~rce blcc:r Frior ±.e foreelc~ure sale or nt!':er aeouiciticri of the
~remi~e~ t~;;~ th~ .~:ort~;~~.~e un~:~r thi~ *:ort~r:~e. An~~ ~uch crcF: :r.ortgaE•e ~hall
?:c+.~ ho~ever, ~e a lien pricr to this rr,crt~ac~e on any citrus cror cee:in~ into
}E'nj: r;~ ~locr~. iI1V~P~ucnt te G~~i,~ 'c:~clc~ure sale, c~~ cther ac~~.:is~.ticr? of
t?-~~ ~.ren;i;~~ the :'crtEa-~e.
,-:.I~C; ~!:@ ;:ALi tf,~:~:0~ fur+,hex' CC~°r~Iit~' cC;~~ a€T'P.°5 fOT ~C ZOI'i€ 35 all, C2' 2T137
~art of +.re incl^k.tedne~~ sec~:red Y:ereb~• remain~ un~aid tc pre~erv~, maintain ar.d
c-re ~'cr the citru; Ercves urcr t.r~ at,cvp de~c.ri~ed ~-rerei~e~, such care arid. main-
t~r.Gr.ce tc ir;cit:ile cultivat:.n~;, s~.rayi:~~, du.ti..nE;, prun~:n~, fert,ilizin~, waterir.t,,
p^otECt.icn ~~a~:s¢ dar:?~;e _ fres;, an~ firF, r~~rketin~- oy crc~= r~ilant.ing o;'
trec~ wher. r.eeded, a11 to L~ dc: e~r. a hurtand-like m~::~~er and in accordance w~th
d; t.rcved ^~etrca; of ~rov~~ cult.ure, and aFree not fc teF-~;crk ~ai.d ~-roves witheut
the written consent of the hclder af' thi~ ~rortgage, ~rnvided further that ~:~cn the
failure nf the i~:ortga~er tc ~ully cor+~ly with any cr all ~:rcri~icn~ of~ the abcve
ecve~r.~ant,s, :!:e holder of' the inder.tecine~~ sec~:red hereb~-, in additicn tc all its
rtrler ri~- ~it~- ar:~ remedie~ fcr breach cf ccv~nants i:~ thi~ mortga~e ecr.tair.ec?, ar,ci
i.r. acid~tior~ tc its ri~h+,, here~~ e.~~res:l;v ~iven, t~ decl~~re a dF~~aul± cn the
rreacr of any ruct7 caveriant~ may, at itC c~~,ticn, tcke ~uch action as it ~e=-~m~
nece~, ary tc r~reserve, mair:t.ain ar~d care for thP ~J:'?TC~~e~, and ~sid t~~elder cf ~uch
inciei tedness is l~Fre~~~ ~iven fu11 richtc of in~res~ and e~-re::- to the ~remi•es
`'~CUT'~.Yi~ 'ttli~ 1Gtti~ '!Y crder tC T'TF: PI"V~ i J''a127t2':t? 3I1C1 C~r(? ~C~7` ~L1C:' ::TP,m.l°P.: ~'CT
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t~Fr_EIVEp 5 ~ O IN f'A.YM~yT Cr~S~S.~~.2'lU`_'-C~ OTl Y'~!•Frce ri_de hereof;
D1~~ON CLAS~'C' INTAN~IBL£ PFRSON/L PF:C:YEkTY.
p~~IJAtiT TO CHAPTER ZG724, 11CT~ Or` 19y1,
ROGER POITRti~, Cierk Ctrcui~ C. rt
¢s /1pMt fcr GUii71S M. JAM,~S ~Ck~ 1~~ ~l~
St. Lvci~ Cour?tY Tax C'actor v
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By urnLJTY CI.EnK