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Home My WebLink About2783 Fota 1106 Flor~Js ILIORTGAGE DEED ~UtBU?trX :~rw.o s... o.~•ca 7uII/eCdwf~:nlTi~O ~^cr5 AL~fs•'0~.~ 145901 , ~ ~ . ~ ~ ~ ~ Wlere~ u~ed Mrei~ tM ues~ ••sertp~or" ud ••sert~~r isdud~ dl tAe put{r to 16i~ ie~tru~est wd tb~ Mir+t kN nP?wenuuve~ ~~d a~pr ot iMividuaY~ ~ed tM ~on aad ~a~ o/ ootpa~don~: ~sd tM t~ne "~ot~" ioduds aY tA~ aota letais dseriEsd it ~sore Wa oe~. WAererzr u~e~d tAe dopJar aumbi+ ~Aall ia~iwk thc plunl ted lA~ plurf! lbe ~in~ular. and tAe u~e o( aey ~radrr ahall include;ll ~eodr?s-) F:rect~ t c~d t l~ e 6th da J of ~~y June .~1. D. 19 66 , bJ John I?i~rk Irereiuaf[er callPd Il~~ ~~tor~aa~or, to 3ybil Levita Culverhouse, as TY'ustee under the Last Will and Testament of B. A. Brown, Deceased, 1ier~iiiu/7er ~ullc~~l tl~~ .llorlsa~ee. ~ifriP~~Pf~, flrat for divers ~ood and valucclile considerations, anr~ also i~a considerccfion of th~ a o~regate srcm nantetl i~r. the promissorrJ ~zote of eve~a c~ate here- rt,ztlt., ltereiiraj'tert~escriGed, tlte said Jttortga~sor, does gra.nt, barg~tin, sell, ati.~~a, remi.se, release, conveJ ctnd confirnt tc~tto tlte said Jl~ort~a~ee, in fec siniple, all thtct ~certain tract of la~id, of tvhicli the said .]llo~~t~a~or is nozv seized and possessed, and in a,ctrcat possession, sitt~ate in St. Lucie Cou~ty, State of Floritla, described c~,s follows: Blocks 49, 50, 51, 58, and 59, of Bel-Air Grovea as per plat thereof recorded in Plat Book 14 , Page 11 , public records of St. Lucie County, Florida. This mortgage is given subject to easements of record, to the restrictive covenants and the dedication of canals, ditches, dikes and roads as same are shown on said plat of Bel-Air Groves. It is hereby cavenanted and agreed that if Mortgagor, after September 20, 1967, should desire t,o enter into a long term first mortgage with an insurance company or other lending institution, then Irbrtgagee agrees to subordiriate this purchase money mortgage and the promissory note aecured hereby to auch a first mortqage; Provided: all of the above described land has been planted to citr~ts, except that part thereof t~o be used as dikes, berms, roads, drainage and irrigation ditches, laZzeB, ponds, overseer's house, barn, equigaent area, pump equip~aent..inatallations and muck area (provided that the total of said land used for said purposes shall not exceed 25% of the land ab~ve described); and, provided, Mc~rtgagor ahall arrange for a written irrevocable disbursal agreement of such insurance company or other lending institution as to payments of Mortgagee's purcha~e money mortqage, or Mortqagee may elect to accept pre-payment of this mortgage in caeh; provided further, however, that Mortgagor 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 to citrus, said citrus grove shall be maintained in as good a state of cultivation and husbandry as grovea are usually main- tained and cultivated in St. Lucie County, Florida. THIS IS A PURCHASE MONEY MORTGAGE. ~11 ~M11e Mltil ~II ~111~1 the sam,e, to~ether with tlie tenements, liereditcz- ments and appurtenances, unto the said .M~ortg'a~ee in fee simple. ~ ~tt~ said .~ort~'cc~sor does covenant with sdid .M~ort~'a~see tlr~t said .Mortgr~,gor is indefeasibly seized of sQid lacnd in fee simple; thQt th~e sdid .1Ffortga~sor has fult ~ power and lawfrct right to convey said land in fee simple as afore.said; that it sfu~cll be - lawfu,l for said .Mortgagee at all times peaceably c~nd quietly to enter upon, hold, , occupy Qnd en,joJ said lan.d; that said lacnd is free from alt incumbrances; tluLt said~ .1~fortgagnr wilt make such further assura.nces to perfeet the fee simple title to sdid land in sacid .hSort~sa~ee as may reasonably be required; and that sQid .~Kortgagor does laereby fully warrant the title to sccid land and witl defend the same against the la,wful claim~s of all persons whomsoever. 8aox ~.47 381 ~ _ - . ~~a~ _ ' ~t _ ~ . ~ _