HomeMy WebLinkAbout2761 ' rur ~Twwsc~~ rcriv~ra~nL lvriie:.~ws+,~r.si:0.~„ne.sr.tr,l~~ZV? ~
~ , / ~
~ ' 1458~4
~
~
~
Executed the 24th day oJ ~y .I. D. 19 66
b~ Rodn~~r J. Ataateau
hereinafter called the JKort~a~or , to Sybil Levita Culverhouse, as Trustee
under the Last W311 And Testament of 8. A. Hrown, Deceased.
hereinafter called the .1Kortga~ee ,
~1fIIe8Bet~l, That for divers good and aaluable considerations, and also
i in consideration of the as~sregate su~rt named in the pro»iissory note of even date
~ herewith, hereinafter described, the said .1Efortgagor , dces grant, bar~ain.
~ sell, alien remise, release, conaey and conf~rm unto the said Jlfortgasee ,
her heins and assigns, in fee simple, ald the certain tract of land, of
which the said .Mort~'agor , is now seized a~~~l possessed, a~ad in actuai
possession, situate in St. Lueie County, State of Florida,
described as follows glocks 1, 2, 3, 16, 17 and 18 of Bel-Air Groves as
per plat thereof recorded in Plat Book 14 . Page 1~, , public
records of St. Lucie County, Florida.
This mortqage is given subject to easements of record, to the re-
atricti.ve covenants and the dedication of canals, ditches, dikes and
roads as same are shown on said plat of Bel-Air Groves.
It is hereby covenanted and agreed that if 1~rtgaqor, after September
20~ 1967, should desire to enter into a long tena first mortgage with
an insurance company or other lending instituti~on, then Mortqagee
agrees to subordinate this purchase money mortgage and the pranissory
note secured hereby to such a first mortgaqe; Provideds all of the
above described land has been planted to citrus, except that part '
thereof to be used as dikes, berms, roads, drainaqe and irrigation
ditches, lakes, ponds, overseer's house, barn, equipment area, pump ~
equip~aent installationB and muck area (provided that the total of said
land used for said purposes ahall not exceed 2596 of the land above de-
scribed); and, provided, l~ortgagor shall arranqe for a written trrevoc-
able disbursal agreement of such inaurance canpany or other lendinq
institution as to payments of M~ortgagee•s purchase money mortqaqe, or
Mortgagee may elect to accept pre-payment of thi8 mortgage in cash;
provided further, however, that Mortgagor aha12 have the right to sub-
ordinate or discharge this mortgage by one of said methode.
Mortgagor covenantB and agreea that when the above described property
has been planted to citrus, said citrus grave ahall be maintained tn
as good a state of cultivation and husbandr as groves are usually
maintained and cultivated in St. I.ucie Coun~y Florida.
HIS IS A P'URCHAS~ I~ONEY MORTGAGE.
To Have aud to Hol e sa~ne, o e er tin t tene»aenta, here-
ditaments and appurtenanees, unto the said .1Kartgagee , and his
heirs and assigns, in fee ai~npte.
AII(~ said .~fortgagor , for himse lf and his heirs, legal
representatives and assigns, dces covenant with said JKort~a~ee ,
her - heirg, legal ~epreaentatives and ossigna; that said JKort~a~or ,
is indefeosibl~y seized of Said land in fee simple; that the said .Jlfort~agor ,
has f~l power and Zawful right to convey said land in fee simp~e as aforesaid; that
it shall be lawful ror said .Mort~agee , her heirs, legal representatiJes ~
and assigns, at all ti~nes peaceabty and quietly to enter upon, hold, occupy and ~
enjoy said la~nd; that said land is free from ail ineumbrances; that said .~Kort~a~or ,
his heirs and tegal representatives, will make auah further asauranees ~
to perfect the fee simple title to said land in said Jlfortga~ee , her
heirs, legol representatives and assi~ns, os may reasonably be required • and that
aaiad .Mort~a~or , dceB hereby fully warrant the title to aaid iand and will •
defend the same agoinst the lawful claims of all peraons wh,omsoever. J~~
~ ~ ~ ~
7-- IN PArMEIitOFTAxiS '
N2~ElVED
p~1E oN CL 4'C' INTANGisI[ ?ENSONAt NIO~ERT1,
F ~ RSU 0.NT CNAPTER 20721, ACT! J? ti~1.
P~?5, u.~ ~ R~.47 359 '
cufTis M.,~+~s a~oX _ ~
To: Cdl~clor
~ pEMI1T CLEItK
~~~~,~..a~`~~ ~
~ ~ - = - - - f
~:~r -