HomeMy WebLinkAbout0082 . ~ .1f9382
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~ ~ F~01~1~ MO~~B
T1Ii8 U~IDSPI'1'Uis. aud~ thi~ 51~1 dy at wLi~1~iL A. D. 19 6~ D7 +wd tistveea
J. 8. BRTWER, JR. and V~OLA 8. BREWER, his vife,
at tbs ccnnq? d St. Luc ie , in tbs stais oc Fso~ida. Masrga~, aaa h~rai~ucke.o aesi~n.tea,.aa
' THE PIi~JDENTIAL INSURANC~ OOMPANY OF AMERICA,
. oorpor.tioa ot tl~, at~t~e or Ncw J era cy h.vin~ its prineipat omee in che Ci~y ar NeNa rk ;
8p~. d_. New J ers ~y ~ Mact~,g~es, ,na he~ain.ttee .o dee~a.tea:
Wbee~ Mort~a~or is jnst~y indebt~ed to Mortiagee ia the ~sinapat sam d ' r
SEVENrY-FIVE THOUSAND and no/100-------------------------------~on.~,, =
a~ s~rid~need by ~ eereain pro,misoq nots ot e~nn d~~e hecewith. the 8na1 pqmsnt d whioh i~ dne oa Av~t~st 5~ .
1~88 . a~eented b~ ~tact~a~or
, • • .
~ snd deli~ersd to Mor~ages. asid note being drawn on the aosbmary faem d Morttagee. ~ams beins Form No. Co~nh :
6300 ~d12-63(SC) and b~? recermee bein~ made w pari hereot to the ~ams e~t~?t as t~onsti ~st ont in
iell Lerein. .
NO~/ THIB INDSNtIISE AITP~88ETH, tbwt Mari~a~or. to better aeoure tlee p~yment d tLe piinapal snm ~st ont
in ~aid promiaeor;? nota and intee+e~t thereon, and in eonsideestiu~ t~arao~. aud foe oLher vala~ble ea~der+?tioas. Las te+~nted.
b~ained and wW and b9 ~ Pi~~ ~ 8~~ ~*e~n and sell to Mori~a~ee aad to it~ snoeeaeoes aad a~sigus fore~.
.ll tbst eerwa vareel oc piees d l.nd ~ and being in the Connty ct St. Luc ie aad 8ats d Floiida.
moe~s partiaaLrbr dseFjbed a~
' ~
! The Weat-half of the SE~ lying East of Canal 29
of the North S. Lucie Rf.ver Draiaage Diatrict
(alao kdo~n as 5-mile Creek), tn Sect~on 18,
To~aship 35 South, Raage 40 Eaat; and that pert
- of the NE} of the NW} of the NE~-lqing.Eaat o!
eaid Caaal 29 and North of Okeechobee Road (State
Itpad 70) fA Sectton 19, To~+nship 35 South, Range
40' Eaat; SXCEPTING froa~ the ebove described laad~ '
the North 78 feet. -
Includitng, as e pert of the realty, all permaneatly installed irrigation
systems and equipment, includ ing all punpa; notora, engines, pu~ap houses,
~ teaks, pipea and maine, pipelinea,_together With all equipmeat necea~arq
for the use ond operatioa thereof, no~ or hereafter placed on the premiaes,
and any replacementa or renewals thereof.
21. Paragraph (a )(1) of the "Together W ith" clause hereof ts hereby mod if ied
to th~ exteat that the Mortgagor does hereby mortgage, trana€er, aet
over, a~sign and pledge unto_the Mortgagee all c~true cropa noW and
~ hereafter growing on eaid pre~isea, hereby giving and granttng unto the
Mortgagee~a first aad prior lien th~reon, provided, however, thet such
lien ahall be and ia hereby expressly made aub3ect and aubordtnata to ;
- any crop mortgege securing a Loea made by a recognized Producti~oa Credtt
Aasoaiatiou covering enq citrus crop ~hich comes trto existence by blooa
~c- prior to foreclosure sale or oth~r acqniaftion of the prea?ises bq the
Mortgegee under this Mortgage. Aaq oucb crop mortgage ahall not, haarever,
b~ a lien privr to thfs Mortgage on eny cftrus crop com~ng into being by
blooo sube~queat to aaid foreclosure ~ale, or other acquiaitiott of th~
premiaea by the kortgagee.
~ 22..-. Md th~ •efd tdortgagor further covenants aad agrees for so long as all, ~
or aay part of the indebt~dnese ~ecured hereby remaino unpatd to pre-
aervt, ma inta ia. and care for th~ citrua grov~~ upon the above descrtbed
premiaes , auch aare ond aaa inteaaace to include cult iva.t ing, apr~yiag, ;
duatiag, pruntag, l~rtilising, Waterfng, protectton agatnat damag~ by
• f roat and f f ra, a~srket ing of cr;opa and replant iag of treea vhen ne~dsd , j
all to ba doa~ in a husbaad-like awnner and tn accordanc~ atth approved ~
nethod• of grov~ culture, and agree not to top-aork s~id grov~• atthout ;
the ~rrittan coo~ent of tht holder o! thie lrbrtgagt, provided lurther th~t
upon the f~ilur~ of the Mortgagor to lully covply pith any or all pro• ~ ~
vis~ona ot the abovt coveaanta, the holder of the tndebtedae~a aecared ~
h~reby, ia addition, to all tts other righta ond remed~es !or breach o!
covenaat. ia tni• Nort~age contataed, aad ia additton to ita right, h~reby
cxpresoly given, to d~clare ~ d~tault upon the breach of oay such e~ovaaant ~
may , at tt• option tak~ ~uch action a~ it dee~a necea~ aary tq preaerve, ~
' ~aaintaiu aad care ~or the premisea, and ~aid hold~r o! auch isatbtednsas f
(contiaued on revsrse h~raoi) ~ . ;
~~i ~ ~ .