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HomeMy WebLinkAbout1997 # by the execution and delivery of the within Mortqage does hereby-qive and grant unto Mortgaqee a aecurity interest in the citrus cropa naw grawing and beinq raised on said land and all of the future and successive cropa toqether with the proceeda therefrom during the ]lfetime of this Mortqage. Except for the security interest in the cropa created hereby, Mortgaqor is the awner of said crops free fraa any adverse lien, security interest or encumbrance, and Mortqagor will defend said crops against all claims and demands of all pereons at any time claiminq the same or any interest therein. No financinq statement cavering said crops, or any proceeds thereof, is on file in any public office; and 1Nprtqagor authorizes Mortgagee, as secured party, to file, in juriadictions where this s ~ authorization will be given effect, a financinq statement signed only by the Mortgagee, as secured party, describing the crops in the same manner as they are described herein; ~ and fr~n time to time, at the request of the Mortgagee, as secured party, Mortgagor shall execute on or more financing statements and such other documents (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by the Mortgagee, as secured party) and to do such other acts and things as the Mortgagee, as secured party, may request to establish and maintain a valid security interest in the crops (f•ree of all other liens and claims whatsoever) to secure the payment of t2ie obligation, including, without limitation, the obligations secured by the within mortgage and the security interest created hereunder. This mortgage shall create a security interest in all crops, farm products and equipment used in farm operations together with any , additions to the same or replacements thereof. Mortgagee shall have the right to file, in the appropriate recording office or offices, financing statements indicating the secu=ity interest granted herein without the joinder of the Mortgagor, ; ; a s debtor. I IN WITNESS WHEREOF, the Mortgagor has hereunto set its hand and seal through its general partner htreunto duly authorized the d~y and year first abavewritten. THIS IS A BALLOON MORTGAGE AAID THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY ' IS $230,000.00 TOGETHER WITH ACCRUED INTEREST, ' IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. . ~ ~ j Signed, s~aled and INDIAN R OVE CO. (Seal) del.Yvered= in the ~ PX~s c ;'of : ' 1 BY: ' : Barry . Newnwn, General Partner ~ STATE O~' FLORIDA ) . ) SS: ~ COU~ITY OF DADE ) ' I F~REBY CERTIFY that on this day, before me, an officer ° ~OOK ~A6E~~ ~ , ~ , , .