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HomeMy WebLinkAbout0119 TOGETHER WITH all permanently inatalled irriqation and drainage sys- tems and equipment, all pumps, motors, e ngines, pump houses, tanks, pipea and mains and pipelines, toqether with all equipment necessary for the use and ooeration thereof, now and hereafter placed on the premises, and any replacements or renewals thereof. TOGEZ4iER WITH all and singular the tenements, hereditaments and ap- purtenances thereunto belonging or in anywise thereunto appertaining and i:he rents, issues and profits thereof, and also all the estate right, titlq interest and all claim and demand whatsoever, as well in law as in equity, of the said Mortgagor in and to the same, including but not limited to: (a) All rents, profits, revenues, royalties, rights and benefits de- rived from (1) crops grown on said security and produce of the soil other- wise (2) oil, gas or mineral leases of the premises or any part thereof, now existing or hereinafter made, and (3) all other rents, issues and profits of the premises from time to time accruing, whether under leases or tenancies now existing or hereafter created; in each such case with the right in the Mortgagee, but only at its option, to receive and receipt therefor and to apply the same as it may elect to any indebtedness secured hereby, and the Mortgagee, at its option, may demand, sue for and recover any such payments. (b) Al1 judgments, awards of damaqes and settlements hereafter made as a result of or in lieu of any taking of the premisES or any part there- of under the power of eminent domain, or for any damage (whether caused by such taking or otherwise) to the premises of the improvementa thereon or any part thereof; such part of any such judgment, award or settlement, as the Mortgagee may elect to be applied to the indebtedness hereby secured and the balance thereof, if any, to be reserved to the party or parties otherwise entitled thereto. TOGETHER WITH all of the personal property set forth on the Schedule annexed hereto and made part hereof designated as Schedule "A" and the additions and replacements thereof. SUBJSCT ONLY TO:(1) the rights of the mortgagees under those mort- j gages made by KERR, INC. and/or FRANCES I~RR I~ISTER and JAMES V. I~:ISTER, ; her husband, to THE PRIIDENTIAL INSURANCE COMPANY OF AMERICA, which mort- { gages are recorded in Official Record Book 113, Page 385, Official Record ~ Book 150, Page 121, and Official Record Book 161, Page 491; the consoli- dations, modifications and extensions thereof recorded in Official Record Book 150, Page 124 and Official Record Book 161, Page 495; and(2) the rights of the mortgagee thereof under that Mortgage made by SARGEANT CITRUS PRODUCTS, INC. to FIARIDA CITRUS PRODUCTION CREDIT ASSOCIATION recorded in Official Record Book 17 , Page ~~l ; and (3) the rights ; of the mortgagee thereof under that Purchase Money MArtgage made by ~ SARGEANT CITRUS PRODUCTS, INC. to FRANCES Id:RR I~ISTER dated the 21Bt day { of February , 1966, and which Mortgage secures a Promissory Note in ; the principal sum of $ l,p$l~,595•58 , all of the above being in St. Lucie County, Florida. TO HAVE AND TO HOLD all of the same to the Mortgagee, its succeasors, ~ legal representatives and asaigns, in fee simple and free of any liens, claims or encumbrancea except as hereinbefore set forth. The Mortgagor, for itself and its successors, legal representatives and asaigns, doea ~ covenant with the l~ortgagee, its succesaors, legal representativea and assigns that eaid Mortgagor is indefeasibly seized of said land and the other property herein in fee simple and free and clear of any~_liens, ~ claims or encumbrances (except as hereinabove set forth); that Mortgagor has full power and lawful right to~convey the same as aforeeaid; that it ~ shall be lawful for the Mortgaqee, its succeesora, legal representatives ~ and aseigna, at all timea peaceably and quietly to enter upon, hold, occupy and enjoy said land and other property; that sai d land and other - 2- g~ Bo~K ~.39 116 ~ - - ~ ~ - . ~T - _ . _ .