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Florida Mortgage
THIS IP1DBI~ITUS6, msde this ZOttl. da,y of February A. D. 19 by and between
WINTON FARMS OORPORATION, a corporation duly or enized and existing
~ under the laws of the State of Florida, wfth pr~ncipal off~ces at
~ a 2861 Lenard Drive, North Miamt '
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r_ o n
at We County ot Ded e , in the 8ta?te ot Florida, Mortg~or. ~.ad hereinatter w designated. and
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~ s THE PRIJDENTIAL .INSURANCE OOMPANY OF AMERICA
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~ oorpor.tion ot the atste ot New J ersey hsv;ng ~te prinoipal omoe in che cit,y oc NeGierk .
; sace ot New Jersey . Mortgagee. aad hereinatter so deeigiuted:
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` Whereos Mortgagor is juetky indebtsd to Mortgagee in the principal sum ot
ONE HUNDRED 1'HOUSAND and NO/100---------------- Dollars,
~ r- as evidenoed by s oert~?in promissory note at even date here~vith. the 8nal p~yment ot whioh is due on December 1.
~ i9 87, ~~o~,iea by Mors~a~ and by Saul Kl i.now, ind iv idually.
and delivered to Mortgag~ee, aaid note being drswn on We auatomary form ot Mortgegee, same being Form No. Comb.
6300 ~•12-63( sc~~d by reteceaoe being made a part hereot to the same eztent as though set out in
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PIOW THIB I1ITDBNTUSS ~?ITNS83BTH, thst Mortgagor. to better eeaure the psyment ot the prinoipal sum set ou0
ia ssid pro~iseoty note. and inLeresL thereon. snd in oonsidentioa thee~eo[, and for other vsluable oonaiderations. hae granted,
bargained and aold aad by theae preeenta does grent, bargain and sell b Mort;agee and t~o ita suooeasoia ac3 assigna forever.
~11 thst oertain paroel or pieoe ot land lying and being in We County ot $ t. Luc i e aad 8tste ot Florida.
mare partioular~y deeoribed as ~
PARCEL 1:
The West ~ of the Northwest 4 of Section 16, Township 34 South, Range
39 East; Less and excepting therefrom, the North 45 feet; the South ~
48 feet; fihe East 30 feet; the South 25 feet of the North ~ thereof;
and the North 25 feet of the South ~ thereof.
PARCEL 2:
The East ~ of the Northeast ~ of Sect£on 17, Township 34 South, Range
39 East; Less and excepting therefrom, the North 40 feet; the South
40 feet; the South 25 feet of the North ~ thereof; and the North 25
feet of the South ~ thereof .
' 21. Paragraph (a) (1) of the "Together with" cleuse hereof is hereby
I mod if ied to the extent that the mortgagor does hereby mortgage, trans-
~ fer, set over, assfgn and pledge unto the mortgagee all citrus crops
now and hereafter growing on said premises, hereby giving and grant-
ing unto the mortgagee a first and prior lien thereon, provided, hoW-
" ever, that such lien shall be aad is hereby expressly made subject
and subordtnate to any crop mortgage securing a loan made by a rec-
gn ized Product ion Cred it Asaoc iat ion cover ing any c i.trus crop wh ich
comes into existence by bloom prior to foreclosure sale or other
acquisition of the premises by the mortgagee ~_under this mortgage.
Any such crop mortgage shall not, however, be a lien prior t~ this
mortgage on eny citrus crop coming into being by bloom subsequent to
said foreclosure sale, ar other acquisition of the pre~ise8 by the
mortgagee.
22. And the said Mortgagor further covenants and agrees for so long
as all, or any part of the indebtedaess secured hereby remains unpaid
to preserve maintain and care for the citrus groves upon the above
described premises, such care and maintenance to include cultivating,
~ spray ing, dust £ng, prun ing, f ert il iz ing, water ing, protect ion aga inst
damege by frost end fire, marketing a crops and replanting of trees
wheu needed, all to be done fn a husband-lfke manner and i~ accord-
ance with approved methods of.grove culture, and agree not to top-
~ork said groves without the written consent of the holder of thts
mortgege, provided further that upon the failure of the Mortgagor to
fully comply wfth any or all provistons of the above covenants, the
holder of the indebtedness eecured hereby, in addition to all ita
(continued on page 2)
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