HomeMy WebLinkAbout1883 xoero~at oE~ oeew•: row e. E. u w.rr«+...r .w r.. »a ?r n. N. a w, s. a.. c«....,,
c«.«.~.. »~.a.~ THIS INSfRUMENT WAS PREPARED 81f 1 ,~w..~~w. n..~..
SPENCER B. GILBERT, Attoroey at Law
~4 ~ECOno s1RE~r~ ~r. e~E~c~. Fu. ~ ~
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Ex~,e«l ~i~. 20th day of February A. D. ~9 68 by
WINTON FAKMS CORPOR,ATION
n corpotnttan exisNng under t~e ~aws oj FZorida ~~~~i~ i~ p~~~~ p~ o/ ~
bwt?~ a Point Eatst, 2861 Leonard Drive, North Mimni, Florida, ;
lwretnalce. calied ehe nwregagor, to SeZby Burch ~ :
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whose poatojji~e add~, t, Route #2, Box 119, Winter Garden, Florida
heret~a~fer ca~ fhe n~orlgoQee:
(WAeteret wed ?aei~ t\e te~ "a~M4~ar'• aod aortp~ee•• include all t4 p~rtia eo t?is iattr~e~t ud ~ie 6ein,
1~ RD~eend.ea and a~~ ot ndmdo.4, a.d ths yooe.as ..d aei~e. ot corpor.tiw.; a.d tse aaa ••wee••
iacl~das dl tle aotes Ae~eu dnerib~d it aac e?u o~e. )
~~11~~~ t1~nt /or good a.~d ~1~6[~ considemtions, nnd aGo in conside~tion oj the oggre-
gate aum rwmed in the promiuwy note o~ even date i~erewith. he?eina~ter c{escri6ed. the mortgagor here-
bY 9*~~. bargains. seU,t, nliena. e~erniaes, conveys and con(irnu ur~to the mortgngee a[( the ~atn (and
o/ wh~l? ehe more9~o~ ~a now s~~d and in possession situate in St. I,ucie County.
Fb.ida, u~::
West one-half of the NW~ of Section 16, Township 34
South, Range 39 East; and East one-half of the NF~
of Section 17, Township 34 South, Range 39 East;
~ LESS rights of way for roads and canals; Containing
approximatelq 160 acres. -
THIS IS A P'URCHASE MiO~NEY SECOND MORTGA?GE SUBJECT
dNLY TO Z'HAT CERTAIN MORTGAGE FROM MORTGAG4R HEREIN TO
T~3 PRUDENTIAL INSURANCE COMPANY OF AI~RICA. ~
THE MOR1'CA,GOR S~1E1LI, PERMIT NO WASTE UP~1 THE I~pRTC~AGED ~
PRII~ISES AND SHALL MAINTAIN THE EXISTING CITRUS GRO~VE ,
~ WITH CUST~fARY CITRIJS GRdVE CARE AS TO FERTILIZING, .
HOEING AND MOWING, I~RTGAGEE HAVING THE RIGST OF
~ INSPECTING THE GROVE PREMISES HIMSELF OR ONE OF HIS
AGENTS IN ORDER TO ASCERTAIN THE DEGREE OF CARE.
Any impravements placed upon sub3ect property during the
life of this second mortgage shall go to enhance the '
second mortgage and any violation of the terms of the ~
first mortgage without the written consent or waiver by #
the first mortgagee shall also be a.violation of this =
second mortgage. _
~[X It default be m~de in psym~ant ~?6ea dw. d aay iadebtednees seeYred hee+~by. or in petform~nce of any of ~iortgegor i ;
Of?}Ij[allpOrt. POl"e~nxnt~ or agr~nents bereynder: '
ta~ Mortg~ee is wthorisea at aqy 1ime. wit~hoat natioe, id itr qle di~cretiw~ k~ sater upue and take p~~+eu:ion ot :
the prNm~ve+ ur any- p~rt thereo[, to p~e{o~rm apy aet~ fiortga~e d~ea~ aeoese~ry orpro per to oonserv~ tbe ~:ecurity snd tu =
collACt end rec~i~e all ren1~, iaaues ~ proAt~ lhereot. 160~adin~ t~ooe Qaet d~t~~ weli ~e those accruinJ~ thernatter. an~l ~
(bj MortRageF+ shall be enlitied. ~s ~ matter d strio! ri6hL and witboMt to tLe vwlue or ~wcup~uic} ~~t tl~e ~•nrit~ ,
a~ l+ace a rFCefver app+~i~,te.l to enter npon and talce 'vn o[ tAe preoibset.~ct tha rents and profit.r ~hrrrfr.,m enJ spa~~
the same a. tlie oour4 may direeC, sueh ~+~eei~st to ve sll the ri~6ts and Oow~ef permitted under the law+ of F'I~,ridw.
[n ~•itl~er such ow.~r :tiortRS~w or Lhe rec+eiver m~yy aL~ take p~sreodon d. ~d for these purposee uce, iu~~• and sll poreonal
pn~jH•ri~~ crntain~.? ~n f1~u p:r:ni~a. a:rl ustd b~- 11ort~y{or in thr or 1lMRnX therei~I or am• parl thetrof. The expe•u~
~1 (~ncludmg n~c+ewer's fw~. oounael f~. oasb and a~ent s oompeoaatiun) inaurred puricuu~t t~? thr p,~~en hrr~~in eoniainal .hal!
1 be recure~l hrrebq. Nortgagee shall (altar p~,yarent d all oost+~ wd expea~ea incurred) ~ppls such n~nw. ~+nuea snd pruAtu
r+eeeived by it on tLe indebtedne~ ee~wred he[eby m ~~teh order as Mvrfg~gendeW7nipee. The ry~ht to ente.r and iaEe poei;egsiun
' d said propertv, to msna~e and o~ratst~ tha w~~. ae~d to oolMoa the ren4, L~ues andp~o 5Ls tLeroot, ~hether by ~ receiver or
othenrwe, shsll l+e cumuLhve to aoI ~ot~~r ei~t ae renied~ hsreunder or adorded b~ 4w. and m~p be eseroised ooncurrentlr
thee~ewit6 or independeat~j? t~rso~ Motf~a~se d~aII b~ Gabb fo aeeounC o~r fot ~aa6 renta. inuir and pro~ta aotwlly teoeived
D~ Mort~agee. .
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