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Florida Mortgage
T8131NDB~NTUItB. macle this 21Sf, day ot D@C@14b81' A. D. 19 Ob. by snd between
S~ O:jT a-xi :~iARY F:~IE.RSON SCOTr,~ his Wife~ and
JESSE YJ. '-i:`~'IL'"~JtJ 3nd I~~ H~;IL'"~N~ i:is xife~
of the Count~• ot i L. L'.:Cie , in the State ot Florida, Tiurtgagor, and hereinefter sso deaignated, t?nd
- :r~: P:::~:~~:":i:~I, T?~`_'.~.ir'?~~C~ :.C''•:Px1tY C~: ~:."•.Zc IC:1
s oorporatiun of the St~?te of i1et~ JeTSey having ita prinoipsl ofSoe in the Ci4v ot i~Iexal'k .
scace ot ;~ew Jersey , Mortgagee, and hereinsiter so designsted:
Wheress 11~fortgagor is just~y indebted to_Mortgagee in the prinoipsl 8um ot Ti~tO HU`mRr'~ TiiGilSt.: i~:'D NO/~00
------------(~200,000.00)------------------- Dou~,
as evidenoed by a oertsin promissory nute ot evea date herewith, the flnsl payment ot ~hioh is due on December 21 ,
19 $5. exeouted by 111ortgagor
a?nd delivered to 1?iortgagee, ssid nute being drav~n on the customary form of 1ltortgagee, same being Form I3o. Comb.
b3QQ Ed.12-bjtS~~ , and by referenoe being made a part hereo[ to the same extent e~c though set out in
fuil herein. .
NOW THIS INDENTU~S WITl\SSSETB, thst ~iortgagor, to better secure the p~?yment o[ the prinoipal sum set out
in said promissorq note, and interest thereon, end in oonsiderstion thereof, and for other valuable con.sideratiups. has granted.
bargained and sold and by these presents does grant, bargain and sell to hiortgagee and to its succa~sors and ~signs fore~er.
all that oertain paroel or piece of lsad lying and being in t_he County ot St. iucie and S~a~e of Florids.
more partioularly described as
ihe 1/Zt of Secti o:~ 17; I'he '.r 1/2 of ~ection 8; and t.he rt lj2 of the :~JE 1/la~ and
S:~i 1/1~ t~f NE 1/tt, Section g, ail in :~~~rnship 31t South~ Rnnge 39 Fast, St. I,ucie
Cou.~ty, ?Ierida.
IACi~1C11!1~;~ as pai•~ of the realty, ~1i ~erm?1Zer.;ZS~ installed irri;;aLior, syste~ns ari3
ec.~liu~en~~ includiu~; all p~u~~ps, :~oLors, en~;ines, ~~np hoases, ta.*iks, Yi2:es and
:~^~ns~ pipelines, t•o~;et.iier rrith al.l equiament iiecessar;% fur th~ use an~ operatzon
thereof, now or .hereafter placed on the gremises, an3 an~r replacer~ents or renexals
i:lPi ~'i71 •
~ P?ra~;ra~h (a) (1) of L'ne "iobetner ~?*ith" claase 1~ereo: is herebf moditied ~o the ex-
tent *iiat ~~:e snort~a~;or does hereb} :~ort~a~e, transfer, set over, assi~r: ~d pledge
! ~nto the n~~rt~a~ee all citrus crops no~: and t:eraafter ~;rcti~ n~ on said ~~ramises~ heraby
! :~in~ an.~i ;;ran ~i:i~ ::nto t?:e ~~ort~ar ee a fi-rst and ~rior lien thereon, proti-ided~ how-
' ~ ~er, t•?~at s~:.~: Iien siiall be and is :iereb~ exoressly cnade s~ibject and sabo~-dina',e t.o ,
an;~ cro^ rnui•t~a~~ sec~:rin~; a 1:,:~n made bf a r~co;;r:iaed : i•oduc'.ion ~;i•e:?i t:~ssociacior.,
= ccver_n~ any- ~rus crop krLicn C0:11@S it~to existence by b2oo~ orior '~o f'r~i~rclosare
~ sale or ~,t~~er acquisiti~n oF tt~e .~remises by ,~e r:ort~;a~ea ur.der ~ciis ~,lort~a;;e. ~r.;r
z ~;~c~~ crcp ::ert~a~e sha?1 not~ t^.owever, be a lie:~ ;~rior to t`~zs mort~a~e on ai~y~ citrus
: cr~
~ cor.Ln~ ir.`~ beino hy bluom subseyue~t Lo said foracZuswre sale, or ~~i:er ac-
r ysisi~.i~t~ cf t:.e nr~~mises by +Pe r,~~rt~;a~ee.
3 • ~71C~ t,[iP. 931~ ,•_CT' :;;2~~~:' fUI'~;i~'2' COVc?IIc'~ ts ~nd a~re~s f:)r 3C ZO~:~; S~ 211~ OT' 3..^.y Part Uf
~ itie ir:~zb~:ciness secured ~~ei•eb~ re~:ains ur?gaid to ,res~rve, ,nain~tain and care .or tiie
ci~rus ~,roces ::~on tY.e above ~escr;_bed 1>re~nisas, suci~ care and rr.aintenance to inclsde
c•.iltivatin;~ sprayin~, 3ustin~;~ j ru^~in~, fertilizin~, ry3terin~;, protact,ioii a_.ainsL
da:,~a`e f:^cr~t ar_d r1.T'P~ -:arYetin~ ~f crors and repl3T:tin~ o£ trees when r~eeded, ~~ll
° t._n ~jt3 :j~*}@ ?il %i ~i~15h3Ci("i-Zl :2 'Ti~_!11=~2' :Z'id in accordance ~-ith aopt•o~ed methods Of ~rove
c~.lt;u•e~ a~:~ a,~r~e •io+ tn to~-work sai.d groves Without the k~rit*en consent of the
~ 'i=~lder of :~.is °ort~~~;e, ~rovi~ed ~ar+•~~~r t;::at ~s~~r. t7~.e failure of tiie :~~rtga~or to
~ °~;t Ly coT~~; i~ ~-rith an~• or all provis~i~ns of ~he above covenant,s~ ~r,~ nolder c~~ t:~e in-
-??bt~:d;~-.^s s~~::u~c~i "ereby, ~n additicn ~a all i.ts ~ther ri~tits an:? re~-.edies _°or brEaci:
c`' r_~~~~r:~_~s i=.: t'~'~; .?OTt.C3~e rc,n;~a~:~~~a, ar~' ~n ad~3it;on to its riE•ht~ i:erNb3- ex-
- t- -;?y _ive.~, ;,o cie~ia~•~ a iefau2L s?on aY.e bre~ch e'_' any s~~c~ c~>venar.t~ ~~~~y~ at its
0:~:,.tC~:i~ t~~''.iC° 5liC'. 3C~10!1 3S lt ~~2F~ S:IECeSS1~~( tJ preserve~ :'-.=_'~T:~91:1 3P.~i oare fUi' ~•til@
- ;~•~~:~i~es, a:~~' sa'3 ho'_c~er s;,~ch in~e~ted.~ess ;s herebS~ ~-ivan full r~~::ts of i~~ r~ss ~
; P~r~~s to ~~rer^~~ ,es _;~~c_~rin;; ..~~:s lo:~.n in crcier ~o ores~rve~ ma~r;,a~n a.ndvcare i
.'~:I ::>>i ~G'1:?ES fn~ .>O ~oc:, as a~2 ~~r' •3!'i~ part of ,he i:~c'.eht.edness sec~•?d t:ereh;~ `
- .:~L ~nd d:y re~,sona~2e F>xF:~~•:1..e ~-~curreti it. ~Tl so :joir~; si:ail tec :;,e j73T':. ;~f d
- _r~;.~b`,;;31~Fss sec~i•e•~, n~reby, ~?:j st~~1'_ ba~u-.a imr~ediately 3~.e and pa~ ~:i,l? =.»d
-!~_:~?1 taar in;.erest at t e rate prov:de~? rcir, f~~r ::a`.ured ~bli;;ations, '.~n~evc:, it
~ i~ .,~1;,; a:~~:~r: i~.;o:_. :r,~? a_ re~.% '..::at t'.,e r~"1~ ;r ~i silc~: indebteciness is u=~~,er ?~o
_ i`"`~ `3t' ',U jC) s0~ "XC~•.~~_ '+i, +.S • '..'1 3il(~ _°<1~1_lI'f: V:l ..I.=' faZ't. O~ : ~.1~':1
. t~nr ~ . '.,3}Cl' _iC •-,:1• :1P:!'~:.lr~' . , t',t' `.1}r %3 ~::llv~~r •:,i iL' :,TP.Az.;SeS
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, . „-i' , ~ ~ . c~~ ;,,.P ~ar:~~ sF•~ :ired b~~ t~?is
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