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: 1:.~ ~~iMl 18th aQy oj ~Y 'A. D. iq 66 6y
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~ George W. Wells
{~erei~ia)fer callecl iiie mortgaf~or, to Sybil Levita Culverhouse, a8 Trustee under
j;the Last Will and Testament of B. A. BROWN, Deceased,
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Ij ~iereinaJt~r callecl flie mortyag~e: -
~ lMYhemrr uxd be~cia the terms '•mortsa~oi • and ••aNKIRaRet" include all t6e putiea to tlw imtrvmeat and t6e Aein,
Inwl repre~enuticea and aa+iRw ot iadividu:ls, aod tbe surcew.n and assi~ss u/ corporatiom; a~d the uro "sotc"
( ~nrludes a0 the autes btRiO de~cribtd it awre thae one.)
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, ~~tn~e~~ 11~at ~or good and naluablp considemtions, and also in consideratton o( the aggre-
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~ale sum namc~ in l~~e promissory note o~ ei~en dnle {~erewil{~. {~ereinaf ter desm6ed, l~e mortgagor he~e-
I; 6y g~anls. 6a?gains, sells, aliens. ~emises, conveys and con(irms unto t1~e mortgagee aII the certain land
't{ oJ which the mort~nflor is now seizpd and in passession situate in St. I,ucie County.
t'~orida• ~~~z: Blocks 55, 56 and 57, of Bel~Air Groves as per plat
~ithereof recorded in Plat Hook 14 , page,ll , public recards of
;St. Lucie County, Florida.
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~This mortgage is given subject t~o easements of record, t~o the restric-
;tive covenants and the dedication of canals, ditchea, dikes and roads
{+as same are shown on said plat of Bel-Air Groves.
!It is hereby covenanted and agreed that if I~brtgagor, after September
!F20, 1967, should desire tA enter into a long term first mortgage with
! !!an insurance company or other lending institution, then irbrtgaqee
;;agrees tro subordinate thia purchase money mortgage and the promissory
~ ~;note aecured hereby bo such a firat mortgage= Provideds all of the `
;?above described land has been planted to citrus, except that part
thereof to be used as dikea, berms, roads, drainage and irrigation %,s
j;ditches, lakea, ponds, overseer'a house, barn, equipment area, pump
_ equipnent installations and muck area (provided that the total of
I~said land used for said purposes shall not exceed 25% of the land
j!above described); and, provided, Mortgagor ahall arrange for a
jwritten irrevocable disbursal agreement of such insurance company or
~~other lending institution as t~o payments of lrbrtgagee's purchase
!Emoney mortgage, or l~brtgagee may elect to accept pre-payment of this
I~mortgage in cash; provided further, however, that M~rtgagor shall
;Ihave the right to subordinate or discharge this mortgage by one of
i~ s aid methods .
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!~Mortgagor 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 groves are usually
~imaintained and cultivated in St. Lucie County, Florida.
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THIS IS A P'[JRCHAS$ MONEY MORTGAG$.r.~
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~ ~£CEIVEO = ~ IN PAYMEMTOFTAXtS
~I [311 : ON CIASS'C' INTANGISL[ tERSONAL rROrERTY.
f pU-.+~.:~vT *O CHAPTER 2072~, ACTS OF Il41.
~ _ ~ = . , G~rk Ckarit Corrt
l oa A;im ~.r :U•TIS M.1ANIES
~r. tuc/^I CperRp_Tax G~«1M
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;i DlT~tiY CLE1tK
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