HomeMy WebLinkAbout1486 ~ ~ 3 ,
togetLcr nit6 Rll fistnrea aad all buildings, improtemeats, irrigatioa and drainage equipment (e=clusivo of
portable pipe and fittinss aad unmouated pumps) now or hetu?ater located on t6e premises, whic6 are htreby
declared to be f~tures, and all renewals, replacements aad edditions to euch fistnrw, and all t6e reats, income,
iasues, proceeda, produce aud pmtib of snd fronn the Mortgaged Premisea, together witb all the nveraiona, nmain-
dera, ways, easemeata, servitudes, atreets, passagea, rights. privilegea, lands, tenements, Lereditamenta and apputt
enances thereuato betongiag or in any wIu appertaining, iacluding apecifically aud not by way of limitation, all
w•ater, riparian, irrigateon and drainage r:ghts, and oil, gas snd mineral rig6ts and royaltiea.
1lioaraaaoa Docs Fvart~ga mortgage, transfer, aet over, assign and pledge unto Mortgagee all crop~ aow grow-
ing and hereafter grown oa the mortgaged premises, henby gIving snd granting nnto 11to:tgagee a firat and prior
lien ihereon, provided, however, that such lien shall be and is hereby made e:pressly subject and subordinate to bny
crop lien or crop m~rtgnge encumhering crops which come into e:istence prior to Eoreclosnre sale as provided by thi~
mortgage, the pro~-isions of clause 9 hereof notwithstaading. Any such erop lien or crop mortgage shall not how~rcr,
be a lien prior to this mortgage on any crop coming into ezistence subsequent to said foreclosure sale. "Come into
ezistence" and "coming into e:istence" shall, for the purpwe of this mo:tgage, mean bloom in the case of crops from
perennial plantings and orchards, and shall mean planting ia the case of cmps fmm anaual or more trequent plant-
ings. \•othing herein contained, howerer, shall operate to aubordinate the lien of this mortgage as affecting trees or
other perennial plants but shall so operate as to the crops harcested therefeom.
To H~vs Axn To HOLD the abare granted and described p:emises unto 111ortgagee, its successors and assigna
[orever.
~lortgagor hereby co~enants that 111ortgagor is indefeasiblp seiaed of the \iortgaged Premises in fee simple;
that 111ortgagor is in actual possession thereof and has full power and lawful right to convey the same in fee simple
as aforesaid; that it shall be lawful for llortgagee at all times to peaceably and quietly enter upon, hold, oeenpy
and enjoy all of the \ioxtgaged Premi<.es; that the 1lfortgaged Premises are free from all incumbranees e:ce~t as
aforesaid; that \fortgagor wili maice such further assurance to proce 1\fortgagor's fee simple title as may be
reasonably required and that ~iortgagor will and shall fully warrant and defend the title to the same unto l~tortg-
agee against the lawfvl claims and demands of all persons whomscever,
PROVIDED, ALWAYB~ and these presents are upon the e:press condition that if 1lfortgagor shall pay unta
111ortgagee the sums of money as pmvided in the ptomissory note aforesaid and any estensions or renewals thereof
and interest thereon, nt the time and in the manner therein provided, ~rhether in due course or under any co~ -
enants or stipulations herein contained, and shall pay all other indebtedaess or liabilities secured hereby and
shaU well and truly keep, perform and complp with all the covenatnis, agreements and stipulations herein
contained, then thc estate hereby grantea, bargsined, sold and conveyed shall cease and determine; otherwisa
tbese presents shall be and remain in fnll force and effect -
And Mortgagor hereby jointly and severally covenants and sgreee to and with Mortgagee as foilowa:
1. To pay all and singular the principal and interest and the varions and aundry sums of money psyable
by virtne of said promissory note and this mortgage, each and erery promptly on the days respectiveip t6e same '
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severallp become d~e,
2. To pay all snd singnlar the tazes and assessments at any timt imposed, levied or assessed on the 111ortg-
aged Premises or the indebtedness secured hereby, or tbe ~fortgagoe's interest ia the mortgaged premises before
they become delinqnent. T~ receipts shall be placed in the hands of ~iortgagee within ten (10) days after
payment. ,
3. To keep the 1liortgaged Premises other than land continuously insured against loss by fire and snch other ~
hasards as map from time to time be reqnested by biortgagee in companies and in amounts in eaeh company as
may be approved 6y and be acceptable to 1lfortgagee; all insurance policies shall contain the nsnal standard
mortgagee clanse malcing the loss payable, without contribution, to ~fortgagee as its interest may appear, and
shall be delivered promptly to and held by Mortgagee. :Jot leas tban ten days in advance of the eapiration of each
policp, to dcli~•er to ~lortgagee a renewsl thereof, to~ether with receipt for the premium of snch renewal.
The procetds of any snch insnrance or any part thereof map be applied bf Mortgagee at its option, tither to the
indebtedness hereby secuted or to the restoration or repair of the property dsmaged. .
; 4. To keep the Mortgaged Premises and the fiztures now or teereafter located thereon in good order and
~ repair; to permit, commit or snffer no waste, impairment or deterioration thereof; to preserve, maintaia ~nd
care for any timber, pastnres, oreharda, eitrns groves, fielde and other agricultural developments now or hereafter
locsttd thereon, including, bnt not being limited to, cultivation, apraying, dusting, prnning, fertili:ing, limiag,
draining, irrigating, proteeting against damage by fire and replanting when necessary, all to be done in accord- ;
anee with good hasbandry and the most approved methods o! agricnltural management ;
6. To comply as far as they affect the adortgaged Premises, w~th all atatutes, laws, ordinances, decrees and
orders of the United States, the Stale of Florida, and any political subdivision thereof.
6. To pay to 1lfortgagee upon demand sll snma, including eosts, ezpense and reasonable agent's and attor- ~
ney's fees which it may ezpend or become obligated for in proeeedings, legal or othetwise, to establish or austain ~
the liea hereof or its priority, or in defendIng against Iiens, ciaims, rights, utatea or easements of an~ person or
persona asserting priority hento, or ia psywent, setNement, discharge, or release of any ssserted liens, claims,
righte, tasements or eststes on connsel advising Mortgagee that the same is snperior to the lien hereof, or for an
abstract or supplemental abatract, together witL interest on all such snms so paid at the Tate of eight per cent
(896) per annum on the date tbe aeme are paid. Mortgagor also covenanb and agrees to psy all costs, charges
and e:penses, including reasonsble attorney's fees and commiasions and abstract ehsrges or ezpenses psid or in-
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