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TNIS MORT~iA~, Mods the . 318t doy of October A. D. l967 between
DBBRFISI~ GROVBS C~ANY, a Nev Jerssq corporation, having its principal placs of .
busiaess in Iadian River County, Florida--•-----------••---------------~---------
heroi~ofter (whethsr o~e or moro~ in numbe~) cclled Mort~oQon, ond T88 NO1~rHi~BS?BRii MTIVAI. LIFB
INSURANCB COI~lI~IY, a Wieconsin corparation, haviog its principal place of buaiqeas
st Kilvsulce~, Wiacoasin-•---------------•-----~---••------------••--•--•----------
heroi~ofter colled Mort~o~:
WIT'NESSETN, That Mortpa~ors, i~ oo~sidenatlon of the sum of TirO HUNDRED FIFTY THOUSI~TD
AND NO/100 (5250,000.00)--------------•---••-------------------------------- dollars,
to them 1n hor~d poid by Mort~o~se, the ~aceipt whereof Is heroby ockrw~wiecl~ed, d~ by thess presents ~ront,
bor~ain, sell or~d convey unto Mort9o9ee, forever, the foliowirg dssc~ibed Property in tLe County of
St. Iucie-----------------------------------------------••-- and St~ate of Florida, to-wit:
as more particuZarly described in ~chibit "A" attached hereto and aada a part hereof,
TOGSr~R vith one (Z) General M~otora Corporation Kodel 40308, Diesel &~gine, Oait
~ber 4A-113498; oae (1) Geaeral liotars Corporation Model 40308, Dissel 8ngine,
Unit Nu~ber 4A-113230; one (1) 36-inch, 22,500 gallona per miaute B and B pump, .
Serial liwber 2i151; aad ais (1) 36-inch, 22,500 gallans per minute B and B pum~p,
Serial Nusbez 2W52.
For eo lang as any part of the indebtedaess secured by this mortgage eball remain
uapaid, the mortgagors agree to maintaia aad cara for the citrus trees and crops
located or gro~n on tha ~ortgaged property,~auch maintenance aad care to include
, cultivating, spuying, dusting, pruaiag, fertiliaing, irrigating aad protecting the
trees and crops against damage bq surface wate~, free water in the root zone,
freeaing aad fire, all to be doae in a good and husbaadlikre manner aad in accordaace
~rith standard metbods of citrus grave caretaking generally recognized, accepted
and ia use for citrus grwea located in the vicinity of the mortgaged property.
The uadersigned agree that the mortgagee's obligation to aaake diabursemeats of
FIF1R ~OOSApD AND NO/100 DOLLA1tS ($50,000.00) va or about June 15, 1968 and FIFTY
THOUSAND !!~D NO/100 DOLI~ARS ($50,000.00) on or about June 15, 1969 per commitment
dated August 22, 1967 is conditioned upon the undersigned maintainiag aad cariag
> for the grave and crops aa described above. Th~e undersigned #urther agreea that the
decisiaa as to whether or not maintenance and/or_care of t~e cittus grave aad crops
is beiag dane in a good aad husbandlike maaner as described above lies solely with ~
the mortgagee aad agree that its decisiaa shall be final aad coaclusive.
i
~ IN PAYMENi n~ ~ ; ~~'S ~
i RfCEIYED O ~ o-O .
; s~i •~L.T
ttUE OM ClASS'C' iNTANOIBLE- PERSONAL t
f PUIiSUAMT TO GNArTER 207l~t. ACTS QF 19~ 1,
~ ROG E~~.~iTiir•-`:, Uerk Circulf C:~rt
~ os Ageet ~o? CU ~TIS M. ~MAES ,
St. Luci~ GounfY 1ax CoNector ~
~y o~win c
Together with all dikes, retaining wolls, ditches, laterels, cor~duits, conols, rights of w~y used to
convey w~ater or to drain such land, reservoirs, p~xnps, shafts, casings, motors, portable pipe, irrigoNon
equiprner~t, ottachments, and appurtenonces instatled or used in connection therewith, end including rn~y
~ and all subatitutioru ond replacements, repoirs, or new equipment Nwt may be added thereto, together
witfi ell fencing, buildings and impravements, machinery and equipment, now or hereafter situated, erected,
or placed thereon, eil of which sholl be cauidered fixtures and part of the realty: regordless of the monne~
of ottachment Mwnto; olso ~r with the hereditaments and appurtenonces to the some belongi~ or
in enywise ~perbining, end o I of the.rents, issues and profits which may arise or be hod therefrom; e I of #
the fore9drg bein~ hereofter rafe~red fio os the "premises." ;
- It is agreed thot if eny of the rty herein morl~g~ is of o neture so that a security interest ;
. theroin can be perfacted wtider the ni Commerciol C , this i~utrument sholt constitute a Security
/lgreement and Mortgogors ogree t~o join with tfie Mort~gogee in the execution of arry firancing statements
ond to exacub any ather ir~stmm~e~ts thet mey be required for the perfection or renewol of such security ~
interest under.ths Unif~m Commercia{ Cod~. .
TO HAVE AND TO HOLD the premises c~d olso cil the est~ot~e, ri t, iitle, interost, homesteod,
dowe~ ond ri~ht of dawer, seporote esrots, possession, claim end demond soever, us well in law os in
equity, of said Mort~a~crs in ond te the scme, ond every port thereof, unto Mortyogee, its saaessors ond
assigns, forover, for the Purposes, cnd upon the uses heroin set forth. ~
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