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HomeMy WebLinkAbout2795 i ~ ~ MOI~TGAO[ DEED RAMCO FORM RE6 ~ ~ ~ I lONO fORY i t ~ ' I / - - I~ 145 S l:xPCU~~cI ~h~ 25th day oJ Mgy A. t). t9 66 6Y Clint Eastw~od, Jr. by Irving Leonard, his attorney-in-fact, ~ + i ~ I~ F~ereinn(Ier call~l the mort~a~or, to Sybil Levita Culverhouse, 88 Trustee urider ' the Last Will And Teataiaent of B. A. Brown, Deceased. ~ ~ hernina(ler callc~cl Ihe morigagee: iwsemYr used 6ereia tbe teran "moresa~~ a~! ••.~ortRasee•• ioclude all the partiea to t?'s iwtrr~eat ssd t4 6tin. • le~al rcprexeatires and uti[us of i~dividuah aad tbe wcce~s~MS awd a+ai~m d eo~porstio~s: asd t6e urs "~ote•• include. all ~he autn 6trein de+e~ibed it wa~e ihaa ose.) ~ ~~t~~e~~ lhal jor good and valua6le ronsiderations, and olso in conaideration o/ the aggre- i gnle sum namec~ in I~e promissory note o~ euen date he?+ewit~, hereinajte~ descrt6ed, the mortgagor here- ~ 6y granls, tiar{~ains, se~~s, a~iens, ~emises, conueys and con~irms unlo i{~e morfgagee nlI tl~e cerlain ~ancj I o( wh~~h 1he mortga~or is now seized and in possession aituate in St. Lueie Cou~tp, ~ F[oricla. t~iz: Hlocks 10, 11, aud ~2 of Bel-Air Groves as per plat thereof j recorded in Plat Book 14 ,Page 11 , public records of St. Lucie County, Florida. T'his mortgage is given aubject to easements of record to the re- atrictive covenants a~xl 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 Mortgagor, after ~ September 20, 1967, should desire to enter into a long term firat mortqaqe with an insurance canpany or other lending institution, a ~ then Mortgagee agrees to subordinate this purchase money mortgage i and the promissory note secured hereby to such a firat mortqage= ~ Provided: all of the above described land has been planted to citrus, except that part thereof to be used as dikes, benas, roads • drainage and irrigation ditches, lakes, ponda, overseer's house, ; barn, equip~aent area, pump equlp~nent inBtallations and muck area ~ (provided that the total of said land used for said purposes ' shall not exceed 2596 of the land above described); and, provided, ~ Mortgagor shall arrange for a written irrevocable disbursal aqree- ~ i ment of such insurance company or other lending institution as to ~ payments of Mortgagee's purchase money mortqage, or Mortgagee may elect to accept pre-payment of this mortgage in caeh; provided further, however, that Mortgagor ahall have the right to sub- ordinate or discharge this mortgage by one of said methods. ~ ~ rees that when the above described ~ Mortgagor covenanta and ag property has been planted to citrus, said citrus grove ahall be ~ ~ maintalned in as good a state of cultivation and husbandry as z groves are usually maintained and cultivated in St. Lucie County, a , ~ Florida. ~ . , TH IS IS A P'~JRCHASE M~ONEY MUR~GAGE . ~ ~ ~,s'~ RECEJVEO: ~ ~ DUEOI~! CLASg'C• ~NTAIICISI,[ ~pArMENTOFTAXES ~ PVRSUANT TO CMArTER 2p7 ~N~~ ~~ERTY ~ u. ACTi OF 1lN. ~ RO~G,=~R PqT~!?5, G~rk Grait Co„rt ~ as A~«M ~or CUitTIS M. JAME1 ~ Sr. 4d~ aa C~M~tNr ~ ~ °Er~TM c~ ~ ~ BoQ~ 247' _ 3g3 ~ ~ . ~ ~ ~ ' E r _ s ~ - _ ~~a~n~~ _ . .