HomeMy WebLinkAbout2432 (c) All other 20-acre releaaes will be contiquoua to other pre-
viously relea~ed parcels and will be located in the tract North of
Highway ~70 parcel until the North 140 acres is fully released.
(d) Ttie next releases will also be i~ 20-acre increments and will
beqin in Block #15, directly opposite the first 20 acrea fn the
North parcel to be released.
(e) The next release of 20 acres will be contiquous with the 20
acres in Block #15 and-will be to the West along Hiqhway ~70 into
Block #19. ~
(f) Other releases will be made in a pattern of contiquous parcels
movinq from Block #19 to #20 and then to #16, to # lT, to ~21, to
#22, to #18. .
(g) After Block # 18 is released, rele~ses will begin in Block # 12, ~
then to #9, to #10, to ~13, to #14, to ~11.
(h) After Block # 11 is released, then~ tract #2, known as the Header
Canal Gsove will be released in 20-acre or more increments starting
in Block #B1A, then to Blxk #B2A, to Block # 4, to #3, to #5, to #6,
to ~8, to #7. ~
2. Mortgaqor agrees that the encumber~d property will at all times
o -
be properly maintained as a producing citrus grove as prescribed in
paragraph 5 of the said real estate Mortgage, and that no portion
thereof will be used for any other purpose until properly released
~from the terms of the mortqage as herein provided. Further, Mortqaqor
agrees that a21 necessary steps will be.taken to ensure that develop-
ment of the release tracts will not injure in any manner the citrus
trees or citrus crop on the remaining unreleased property.
D. CARE OF GROVE LAND:
_ Mortgagor covenants and agrees to maintain and husband
~
citrus trees which-remain on the unreleased portion of the mortgaged
premises to the.end that it is maintained as citrus producing property
in accordance with accepted industry standards.
-10- .
~ PA:i G~~e
_ ~t•'~
L .
- s~_.~.