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Home My WebLink About2768 Fw.~ It06 R«~a MORTGAGE DEEn TUTBIAHI( o.. e 1 ItlPl.iNF'".')f _ _ \ - ~ . 145896 - ~ ~ ~ ~ N MrcrK urd Aaei~ tM tw~ " o~t~a~o~ ad "ewrtpM~ i~dud~ ~11 tM part{r to tli~ i~rtn~~t ~si t!~ Min. kcd nonw?uti... .ea ..~[o. ot i° odirida.r. .na ts. «~ec.~or. .na ..iss d ewpor.tioa.• ..a w bn. •.ou" • iaduds ~11 tM ~otu Senia drerib~d il ~on t?~e oae. VrPAeeerer urd tlk de~ular awebrr ~all iaclude tAe plunl sa: lM pl~val tAe in[d+?. a~d the ure ot snr ~reder sAall ineludr all ~radrn-1 F:re~tt t ed t h e 25th daJ of May .~1. D. 19 66 , b~ Randolph A. Hearst liPr~i~tuftc~r called tlre ~11ort~nsor, to Sybil Levita Culverhouse, ~s Trustee under the Last will and Testament of B. A. Brown, Deceased, )ter~iiiu/Yer ~al/~~/ tlr~ .Ifortyaoee. ~tt2tP~i~Pf~. tliat for divers g'ood and z•aluacble considera.tions, and also in consideration of the ~csgre~c~te srcm nan:.ed in tlae prontissoriJ ~aote of even date here- rvitlc, hereiir.afterc~escri.Led, the suid .hlort,~agor, does grant, ba~~~in., sell, ~ilie~t, remise, reletese, conveJ and confirm ic~ato tlce said JlTort~a~ee, in fee simple, all that certain tract of la~ad, of whicli- tlce sc~id .Mort~agor is now seized and possessed, (Lltl~ L7b Q-CtiG2l possession, situate in St. Lucie County, Stcate of Florid,cc, desc~zbed a,s follows: Blocks 25, 26, 27, 34, 35, and 36, of Bel-Air Groves as per plat thereof recorded in Plat Book 14 . Page 11 , public records of St. Lucie Oounty, Florida. This mortgage is given subject to easements of record, to the restrictiv 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 Irbrtgagor, after September 2q 1967, should desire to enter into a long term first mortgage with an insurance company or other lending institution, then lrbrtgagee agrees to subordinate this purchase money mortgage and the promissory note securec~ hereby to such a first mortgage; Provideds all of the above described ~ land has been planted to citrus, except that part thereof t~o be used as~ dikes, berms, roads, drainage and irrigation ditchea, lakes, ponds, ; overseer's house, barn, equipment area, pwnp equipnent installationa i and muck area (provided that tlZe total of said land us~ ~for said pur- ~ poses shall not exceed 25% of the land above described); and, provided, ! Irbrtgagor shall arrange for a written irrevocable disbursal agreement of f ~ such insurance company or other lending inatitution as to payments of , l~brtgaqee's purchase money mortgage, or l~brtgagee may elect to accept ~ pre-payment of this mortgage in cash; provided further, however, that ~ Irbrtgagor shall have the right to subordinate or discharge this mortgage ~ by one of said methods. ~ M~ortgagor covenants and agrees that when the above described property ~ has been planted t~o citrus, said citrus grove shall be maintained in as good a state of cultivation and husbandry as groves are usually main- tained and cultivated in St. Lucie County, Florida. ~ THIS IS A PURCHAS$ M~NSY MORTGAGS. ~ ~ F•. ~ ~ e~~ ~Ittne ttnd fn ~i~l~? the sam.e, together with the tenements, hereditc~ ~ m.ents and acpptcrtenances, unto the said Mortga~ee in fee simple. •f ~ ~ .~I~ sdid .1Kortgac~or does cavenant with said .hlort~Q~see that said rllort3sc~gor ` i ~ is indefeasibly seized of said land in fee si~nple; tJcat the said J~fort~a~or has futl ~ ~ + power and lawfut ~z~ht to converJ said land in fee simple as aforesaid; tliat it siu~ctl be ~ lawfut for said JKort~'a~ee dt att times peaceabty and quietly to enter upon, hold,~• ~ ~ occupy and enjoy said land; that said land is free from att incurrabrances; that sQid JlTortgm~nr urilt make such further assurances to perfeet the fee simple title to sacid ~ land in sacid .htort~c~~ee as ma~ reasona,bly be required; acnd tlzat said .JKort~'a~or does hereby fully wdrrant the title to said land and will defend the sdme a~'ainst the lawful clacim a of all persons whomsoever. ~o~K 14? 36+6 ~ , ~.u t - _ _ . . . _ _ _ ~ _ ~ ~ e;.»~~";~z~ s i- ~~v~ ~ > - a~~`..