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. Exe~utpd ~I~e ~1Qy o/ MaY 23 ~ A. D. i466 by ~
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he?eina/!er cnlled Ihe mortgagor, to S~b?il Levita CO1V~A=hOli~e~ as Trustee L1bCler
tha I.ast 1ti11 And Teata~aent of 8. A. Bro~m, Dsceased.
heretnaJter callecl ~he mort9agee: ~
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(WLererer ~ucd 6eei~ ~Le te+ss ' a~d "~ort~a~es'• i~ctude all tl?e pvtia eo t?i~ iastr~e~t ud tie ldn.
ie~l eep~'exwutirea ud ~~a ~of ~i ' a~d IA~ w~cce~on a~d uWtb of corpor~tio~r: ud t\e ter~ ••wte••
iwcludes dl tLe waa I~e+riw deicribed it ao~e 1~u we.)
_~[~In~e~~ tl~at jor good and valuable c~nnside?attons, and n4o tn coruidenatto~ o/ t1~e oggre-
gate aum namec~ in the promlasory nofe of euen date /eer+ew3lh, l~ereina~ler descrl~, the mortgagor her~-
by gmnta, ba~gains, sella. aliena. rerntses. co~~eys and con~irms unto t~e mortgage~ all t6e certai~ ~uw
of whtc6 f~e rnortgagor Is now selzed and tn possesston rftuate in St. Lucie Co~h?.
Florido, vtz:
Hloc~ca 52, 53 and 54 0~ Bel-Air c~caves as per plat thereo! recorded
in Plat Book 14: page,ll_,~. public recorde o! St. Lucie County,
Florida.
This mortgaqe ie given aubj~et to eaeemente of record, to the re-
atrictive covenants and the dedication ot canais, ditches, dikes
and roade ae saa~e ~re ahown on said plat of Bel-Air ciraves.
It is hareby covenanted a~ agreed that if Martqaqor, aiter
, I septe~ver 20, 1967, sbould desire to eater iato a long tern lirst
. ' arortqage ~ith an insuraace ccmpaay o,c o~her leniing institution,
then ~brtqaqae aqreea to subordinate this.purcbase m~o~ay sortqaqe
~ and tbe prcaiaeory uote aecnred hereby to eucb a firet aortgarge=
' Pravided: all of the al~o~ve deacribed lan~d bas been plasite8 to ~
' citrus, except tbat part thereof to be used as dikas, beau, roa~ds,
drainaqe arid irrigation ditcbsa, lakae, ponds~ averaeer's house,
barn~ equipaent area, pum~ equipa~snt installations and suck area ~
(provided that the to~tal of said land used fo~r eaid purpoaea shall
not exceed 25% of tbe lar~d above describecl) = ant1, provided, ~
Mortgaqor shall arrange for a written irrevocable diebursal aqree-
ment of such insurance ca+apany or o~her lendinq inatitntion as to
payment• o~ !lortqsgee'e purcl~ase aoney ~aortqage, ar Mortgagee may
elect to accept pre-payaent of thie mortgage in caeh: gravided
further, how~ever, that Mortqagor ahall have the riqht to aubordinate
or diacharqe this mortgaqe by one of eaid methods.
Kortqaqor covenants and agreee that when the abave described
prope=ty has been planted to citrus, said citrus grave shall be
maintained in as qood a state of cultivation and huai:~drv ~a
groves are usually maintained and cultivated in st. LucierCounty,
Florida.
TH ZS IS A PUR~CHASS MQNBY MORZ'GAGE . ~
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