HomeMy WebLinkAbout1727 o{•
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3'0 ~tue and to ~totd ~ the sa~~~e, tayel{~pr u~it1~ t/~e lenements: hereclilaments and appurfe-
nances thereto be~onging, ancl fhe renis, issues ana pro~ils il~e~eo(, unlo If~e imorlgagee, Jn jc~e simpje.
Iil~ fhe mortgago~ rovenanta wtfti fhe mortgagc~e fha! !~o morfgagor ia indefeasJb~y seizea o~ said
lan~ in ~ee simple; f~af the mortgagor ~eus good righf and ~aw~ul anfhorily fo convey anid Iand as afore-
said: tl~ut tf~e morigagor wil! make such JuH~er assurancrs fo pe~~ect f~?e !ee simp~e title to said land in fhe
mortgagee as may reasona6ly 6e requtred; that t6e mwt9agor hereby /ully wwranb t1~e title to satd land
and wil! dejend the same against the lawju! clatms oj all pe?~so?u whomaoev~; eee~-t~tet-~oettl-~m~-ts-f?~-
-anel-cl~a,- eF a11~ ~eennb.a~+et+a
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i ~~V~~ ~~ys~ that i( ~~id mo~lgagor shnll pny unto soid mortgagee t/~e certain promis-
i So~' "o~p ~;~F~b~ur-~+se~~-~+~•+~; t~~ having a face amount of
~ $100 000.00 co
; , , py of which is attached hereto and made a part hereo ,
~ marked Eahibit A, and shall perform, comply with and abide by each
and every the agreements, stipuZations, conditions and covenants
;'thereof, and oP this mor~gage, then this mortgage arid the estate
~ hereby created, shall cease, determine and be null and void.
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This is a purchase money third mortgaqe.
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! Notwithstanding any provision to the contrary herein,
I said land shall be the sole recourse of the holder of this mortgage~
. and neither Kay-Two Grove, Ltd., nor any of its oartners, whether
general or limited, shall be personally liable hereunder.
i And the mortgagor hereby covenants to preserve, maintai
; and care Por said land, including the citrus groves therebn, in
i accordance with good husbandry and the prevailinQ practices used in
St. Lucie Count,y, Florida.
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