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HomeMy WebLinkAbout0879 ; S~ This Instrwaent ves preparad by- J. W. Roas, Res ic~~nt Atta p. i. c. ~.x xQ~.~~ Th• Prudeatial Insuranc~ Co. of l~asrica P.O. Hox 2130 Jack~o~v ille, Fia . 32203 Florida Mortgage TffiS INiDgAITUiE, made Lhi,s l~l day oi d11RN A. D. i9 69. by snd betweea 1 ' QB~t~B DA~1IiL S?ATZBL, SINGLE ol the County ot 3ti. L1LQ1~ . in the St~te d Florid+~. Mortgagor. and hereinatter ao de~i~nated. and TA6 PR~~iTI~L II~SIRANC6 CQ4',Ni ~IC~A , s oorporation o[ We 8tate d I'~Al/ .T~Tin hsving its prinoipsl o~ae ia Lhe City at bAlii~k . State d jTA1~ JAY'8~ , Mortga~ee, and hee~einatter so design~ted: Wher+eaa Morfgegor ia jnat~y indebLed to Mortg~gee in the prinaipal ~um d gI~~F11Bi TflO~AI'a1 ~~Qn~ ---------------ca55ooo.00)----------------- as evidenoed by s oerfain promissory note oi even ~iLe herewith, the Snal p~yment ot whieh ia due on J~ 1$ . i9 89. ~c~a ~ Ma~ and delivered to Mortga~ee. ssid note beiog drswn on the ouaLomsry form ot Mortgagee. same being Form No. Comb. (~3QQ Ed.12•63 , and by reierenoe being made ~ part hereol to the same e~t,ent as Wot~h set oat in fnll herein. NOw TffiS INDEN?US~ ~?ITNBSSSTH, th~t Mortgagor. to better seoure t~he p~ymen~ oi the prinoipal sum set out ia said promi~sory note. ~nd interest thereon. snd in oonsideration thereof. and fo~ other valusble ooneiderationa. haa grsnted. bargained and sold and by these preaents does grant, bargain ~d aell w Mort~agee and t,o its suooessois and aeaugne forever. all thst oertain paroel or pieoe d Lnd lying aad being in tbe County ot $t,• L1i~C3+~ and State ot Florids. mors partaoular~y desaibed ~s ~ ?h. ~io~rt~heast 1/4 or ~iart~heaat 1/4 a~na Narth..s~ 1/4 ot south~sast 3,/4 or soctioa la, To~nehiP 35 ~~Be 39 Bast, 3t. Zwei~ Count~r~ Florida; BLCSPTI~K# t~retro~, haw~r, t~he BasL ly6 f~st far rig~?t.-of-v~ oi Caiwl Ho. 5h or t.l~ Haa~~h St. Lwci~ Birsr Dicafnage Dist~ria6. Including, as a part of Lh~ r~a].t~~ all ps~~anent~lJ installsd irrigaticn aJat~as aad ~qnip~?t~ inclndi,~ all P~, ~Ms P~P P~i ~ ~~s P~P~ss ~6ather nl~th all ~qr~ip~snt naaeasary Yor t~s u~e and operatio~a t.hsr~oti nar or hereatter placsd an t~ preai~ss, sad ar~r seplsce~eats or r~n~s th~r~ol. . ~ 21. Para~raph (a) (1) ot t.hs ~To~st.he~r tiith~ alaonse horQO! ia har~by- a~odit~,sd to ths eoc- t~nt t~Lat the ~ortgagor dosa hu~'eb~ ao~8ag~~ t.tansfer, sst o~e~r~ aaai~u a~ad Pssd~~ unto tbs sortgagse all aitacna oraps no~r aad l~roa~fter ~ro~in~ an sa~d pr~ds~s~ . hereb~r gl.ioe ma granting unto the ~ortga~.s : s~rs~ ana p~1ar li.n t~her.on, pro- ~id~d~ bo~v~r~ that snah li~ sball bs and is har~by s~osslJ ~a,d~ sab~eot and sub- ~ ordinate t~o aq~ csop sortgags secnri.n~ a loaa aad~ b~ a r~co~ois~d Prod~cticsi Cr~dit ~ Msociatioa canring aRy oitrn~ crop tihich coaes into e~cistsnae b? bloa~ prio~ to ~ forsclosur~ sals aar other sc~iislt.ic~ or ths pr~dsea bT t~s ao~ctsa~ae under this ~ ~ort~gage. ~tn~ anch arvp a~ortgage sl~ll not, hwrer, tis a li~n priaar to t.bia aoart- ~ gage on suoJ cit~rns crop ca~ng into being ~ blooa snbsaqwent to said loreclosnr~ ~ sale~ ar ot~sr acquisltivn oi t~he preadses b~ the aurt~aa~. 22. ~nd th~ a~d Mortgaga~~turther corenants and agre~a ior ao lon~ as all~ or arqr part o! the indebt.~dnesa sscured berebT rmains uapaid to p~r~asr~, aaiatain aad car~ !or t.hs cit~rus gro~ea uipon th~ abo~s desaribed praais~s~ such aar~ and saint~nance to iaclwds cnltivatin~, sPr'qyin~s duat~in~, P~6s =~~~6, Proteatia? sgainet da~ag~ by trost and iire, aarketing of arops and rrpl~tin~ of t~r~es ~a ne~ded, all to bs do~s i' a husbaad-llk~ ~r and ia aaa~rdape~ ~d.th appar~sd a msthods ot ~rov~a aolturs~ snd s~r~e aot to ~op-wrk •aid et~o~?et xithout t.hi ~itt~e~ ~ caa~sent ot t.ha holdsr o! t.his I~ort8a8~, Providsd iwcthsr• t.twt upon t~e tailurs oi th~ ~ H~ostgago~ to inl]y ca~p]~ ~3.t~h 4ay or all prcvidons ot tta abors co~eaanta, t?l~ ~ halder ot the ind~bt.~?~aa sscurrd har~by, in s+dd~.t.ion to all its otl~ar ri~hts suad ~ rerdias faa~ breaah ot c~v~nants i~a thia ~ortgag~ oontatn~d~ and in additioa to iL~ ~ M~ht, t,~b7 az~eaal,l ~i~ea, t~o declar~ a dstatilL uypm th~ bursaoh ot aa~ sua,b ~ ~a~aa~t, at its opt~ia?, tak~ such a~ction as it 8a~s n~as~aar~ to pr~rr~~ ' ~aiutain and oar~ !or th~ pr~iaa~ md sa~d ho~ldu~ of snah ind~bt~dn~as is L~reb~ ~ gi~n tnll ri~bte ot ingrMS a~d ~aa to the pt~ad.aN a~aurina t~hi,s 1oa8 is? a~~er ~ Lo p~rssu~~e, asiatafa and car~ tor in~ch p~~isa ioar so loo~ as all or a~r part ot ~ tbe ind~bt~dwsa a~ured ~r~by ia unpaid~ aod a$/ r~a~onabl~ up~os~ inaupcsyd b7 ~ it in ~o do~o~ shsll_ b~aar part of t~~ indebt~tda~ss sscwr~d, b~syby, and sh~ll tis- k~~ ca~s i~ra~diatsl,~ dir ana gqabl~ sad shall b~ar iater~st at t.lM rat.~ prmrldsd hsrsia ~ ~ (cmt~inu~d an ret~sa~ hereo!) ~ - ~ Documentuy Stamps afFixed to Original ~ Mortgage Note and Canceded. dOROK ~`~7 PAGf v ~ O ~ ~ ~ . - r ~ ' ~ ;