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Home My WebLink About1704 . ,1 ' i Said lands, caataiaing 19.5 aares, ~are or Less, in 3t. I~ucie Co~ty, !'lorida, sre the idantical lands aaaveyed to ~auis~lrorgat by daed iroa Joseph T. Araha~bdult et al., ~ aatea w~y? 13, ~+9, aad recwc~ed in D~ed. eoa~c 155, at p~e ~?T, Public Records ot St. Luecio Couu~y, ~loridsf 3sid ]rsids are aub~ect to road rigbt o! v~y aloag the East sid~ ~reot, cvntainir?g :77 acrea, ~ere ar lesa, said riaht a! Meyr being particular~j? dascribed !n a cer~ain p~?rtial reiess~~ ot lien executed by Tb~ ~+eral Laod Bank of Coluebia on Msy 2$, 1956, releasing snid right o!' veqr rra~ the ~1ien oi the aartg~ge reconbd !~n Book 114, pe~e 84, Pu~~.ia Records o! aaid St. Lucie Cou~ty. . . ~ ~ ' . • ~ . ~ . ~ ; ~ { : - . ~ ~ . , , - ~ - r - - - . , _ . . ~ ~ : 3 • , i TO HAV~ AND 1'O HOLD, the said property, to~ether with all aad singular the rights~ manbers, haedita• ~ ~ mmta, aad ap~urtmanoes thereunto belonging or in any w~se , unto seoond party ib suoce.ss~rs aad as- ~ signs, ia fee s~mp~le fonti?er; aad first party hrxeby binds (i*~eL'), his (its) heirs, aoeeutora, administca~ozs, sua~ssors and a~gas, to warraut and forevv defand said prope:ty ~mbo seoond party, its anoce.gsors and assig~ss, f from and against first party, the heirs, eaecutors, administratora, successors and assigns of 5rst party and all other ~ p~rsons whomsoever tawfully claiming or to claim the same or any part thereof. ~ ~ PROVID~D AI,WAYS, NEVERTHELESS, and it is the tru~ intent and maning of th~ p~artiea m t~se ~ preseata, ttiat if first p4rty shall pay, or ca~se to be paid, unto seoond party, ib suooeasors or assigns, said debt or - sum of mouey, with interest thereon as afonsaid, and stwll paform all terms, conditions, and ooveaaats aooording ~ to the trne intent of said note and this uartgage and aaq other insh~ummt securing said nate, aad oomply with all the ~ provisions of the ~aleral Farm I,oan Act and all ameadmrnts theret~, aad with the regutations issuad and that { may be issued by the Farm Credit Administration, a1t of which are haeby made a part hereof, thm this mortgage = shall oe~se, deteimine, aad be uttedy null and void; otherwise it shall remain in full force and effock # ~OR TIi~ CONSID~RATION AFOR~SAID, fust party covmaats as follows: ~ l. First party is lawfnlly seiud of said proptrty ia fee simpte and has a perfect right to oonvey same; there ~ are ao eac~mbraaces or liens wt~atsoever on sazd property except this mortgage. ~ 2. First patty will insure and keep insured as may be r~oquired by seoond party fmm t~ne b~ time all groves and orchards now vn said pmperty or that maq hereafter be thereon against loss or damage by 5re, windstorm, hail, frost, freeze, and/or other casualty, and all buildings now on said property. aad a1I buildings which may herc- afta be erected thaeon, against loss or damage by fire, hail, windstorm, and/or other casuatty, in such form, such amounts, and in such rnmpany or compatues, as shalt be sadsfacbory to seoond party, the loss, ~f any, to be payable to second party as its interest may appear at the time of the ]oss. First party will deliver to secosid party the policq ~ or policies of insurance with mortgaga clause attached thereto satisfactory to second garty, and will rom ~ whea due all premiums for such insurance. If aay grove or onhard shall be destroyed or damaged by fire~w~ndy ± storm, hail, frost, freae, and/or otha casualty, the amount reoeived 'm setdernent of the toss or damage may be agplied at the option of seoond party on snch part of the indebtedness secured by this instrument as seoond partq maq in its sole discretion determine. If any building on said property so insured shall be destroyed or damaged, the amount teceived in settlement of the l~a or damage maq be applied at the option of first party M the reconstruction or repair of the buildings so destroqed or damaged, subject to the regulations issued or that may be issued under the Federal Farm Loan Aet or acts amatdatorq thereof or snp~plernental thereto ; and any portion of the proceecls not so used shall be applied on the debt hereby secured in such manner as second party, in its sole disctetion, may determine. 3. First party will pay, whrn duc and payable, all ta~ces, assessments and otha charges that may be levied or assessed against said property, and all judgments and all other aawunta that may be ot become a lien thereon. ~ oic150 5~3. - _ . - - ~ . ~ y~ ~ _ - _ ~ m~;„