HomeMy WebLinkAbout2661 ~s5
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Florida Mortgage
T~iB II~IDiN'P1aR m~ ~ 23td ~V d ~Y A. D. iv66 . D7 ~d btww?
i1. H. PCIWSI,L aad flONA PCJi1ELL~ his vife~ and L. C. CR~ and MAF~AI~T CRC/F~~ ~
his sarl.~e ~
ot tbs Connt,~ d Indian River . in tbs 8t~is d l~'lorida. Morl~o~e..od h~reinattar.o d..i~d. ~nd
~ PRU~T.TTIAL INSURAR'~CE CQ+g'ANY 4F A?FRICA
.
o..,..;.~: r~..,,,L, g.w.~..r NPV .TRrsPV lu?.i.r ih p.:oei~l of~e. in th~ OiL~ d I~1+18Y'k .
Sts1e 6t Ne~t Jers~}r . Ma~e~, a~ hecaia~tter eo dee~.sed:
Where~s Mat~a~or is ~astb ind~Dted to Moet~a~ss ia ths pri~eip~l soa d ~1'Y-SIX 'l4i0i7SAND A14D
NO/100-------------------------------($26,000.00)--------------------------- Dou~r.,
ar a~id~sasd b~ ~ ar~a Pe~omi~oy nots d a~ea da~s ~rewiW. tbs Snal pqsnent d wbieh i~ dns a~ Me~y .
19 . e~eat~ed b7 Mo~~o!'x ,
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and dalivared to Moet~a~es. aid ~t~ bsnt drawn on ths ensto~maq fam d Mortsa~es. wns bsin~ Form No. Comb.
6300 gd. 32-63 (s~.Jand D7 rdermee ben~ made a p~rt lue~eat 1o tbe nms astent a~ t6ou~h ~et ont in
ioll Lerein.
1r0~? Tffi8 IFDII~iTiJS= A1Tl1s886TS. tLat Mortsa~or. to bstter ~eeutb 1he pyment d~s prindpat snm ~st oat
in aid promiNOe~ nots. ~nd intenat tbee+eon~ aad in eoosiderstion tbee+eot. and for otLer v~luabis eooader~tiom. La~ anuntal.
b~e~amed and ~oid and b~ tLe~s p~~aents does ~ran~, b~r~ain and ~ell to Marfsa~es aad ~o its aueeeMOes and ani~ tora~ar.
all ~Lat eerlain p.e~esl oe pises d La~d ~in~ aad beint in tbs Connb d 3t. Iucfe aad 8~sis d!'losid~„
mors parlieaLt4 de~eei'bed as
PARCSL 1: All that part o~ the Nf+T~ o~ Sectian 9~ Totimship 36 sautt~, Range 38
East~ ]ying So~uth and $a,st of Carlton Road~ I,ess and F~ccepting therefran the
South 1~055 ~eet thereof;
PARC$L 2: ~he Nest 8]2 feet of the North 253 feet of the S~ of the 1~ of
Section 9~ ~sb~p 36 south, Range 38 B~ast; -
PARC~L 3: ~e West 812 Yeet o~ the Ni~f~ of the I~ of 3ection 9s Zbunship 36
Sauth~ Range 38 $ast~ less_aad excepting there~rom that part thereof 7,Ying North
oP State Road No. 70~ fonnerly lmcnm as State Road l~o. 8~ and also less snd
excepting that part thereo~ ]ying North and Kest of Carltari Road;
And al.so excepting a11 existing rights of ~y over end acroas the abave described
lands Yor drainage canal aud public road puz~oses.
~ Said land ]~,ring and be~ng in St. Iucie Caunty~ Florida.
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Including as a part oflthe realty all permenently installed irrigation and drainsge
syst~ms and equipoaent~ including all pt~nps~ motors~ engines~ punp hoUSes~ tanks~
-pipes and msins~ pipel~nes~ t~gether irith all equi~ment necessary ~or the use and
operation thereof~ no~ or hereafter placed on the pr~nises~ ar~d ar~ replacmients or
rene~rals thereo~. - -
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21. Paragraph (a) (1) oP the "Zbgether xith" cla~se hereo~ is hereby modified to the extent
that the mortgagor does hereby mortgage~ transfer~ set aver~ assi~ and pledge Unto
the mortgagee all citrus cz~aps nov and hereaPter gro~ring vn ssid prmiEes~ hereby giving
and~granting unto the mortga~ee a f`irst and prior lien thereon, provided, ho~rever, that
such lien shall be and is hereby expressly aade sub~ect and subordinate to az~y crop
mortgage securirg a loan made by a recogn3.zed Product~.on Credit Association cavering
ar~y citrus crop ~ich cames into existence by bloam prior to ~oreclosure satie or other
acquisitiaci o~ the premises ~by the mart,gagee under this mortgsge. ArLy such crop
~ mortgage shall not~ ho~rev,er, be a lien prior to this mortgage on ar~y citrus crnp ca.ning
~ into being by~bloam subsequent to sa3d foreclosure sale~ or other acquisition of the
premises by the mortgagee. ,
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~ofl~~r gtups aifized to Ori~i~l 1brt~
ltote and Ca~aeuOd q~
~K147 259
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