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Home My WebLink About1628 S'•'i~~i YOtTGAGE OE[p Prcp.:tf;; 0ltW'S IOlM E. 7~ WNhchrrN ~M h~ NN ?r iN N. l W. ~n~ G~ro~~ c«.«.K.. q ~.l:.:wlN n~ CONEII' g ,.d....,~N. rw,~. , ! P. a e~ soi 213432 ~ . . Fb, ~ Executed ~he ~D;~ day o( Augilst A. n. 19?1 6y OKEECHOBEE LAND CORPORATIO'V, ' n corporation exisling un~er the ~aws o/ Florida , und {~aving its principa~ p~ace o~ , b~~nsu a~ South Parrott Avenue, Okeechobee, Florida 33472 ker+eina~ler ca~~ !tis mwlgagor, fo SEYMORE H. WRIGHT and KATHRYN B. WRIGHT, his wife, . ~ whose posto(~ice add.+ess is 'i i ~ ke?rina~ter called the mortgagee: ~ (W6crewer u~ed ~aeu ~le ter~a "bort~+[or~~ a~d ~wt~aiee" ioclude aU cAe parues to t6is imvumcwt aad t6e 6nn, le~tal ~epresrwutives aad a~iR~s o( ~adiriduab. aad tLe a~cces«s and aa~ism ct co~pora[ioas: a~d tl~e term ••wte.. ioclYdes all [sc ~ocrs 6~t~i~ darri~ed it eore tew oae.) ~~ill[J~~~ fhnt ~o? goocl ancl c~alua6le considerntions, nnd also in i-onsideralion o~ the nggre- gale sum named in tl?e promissory note o/ even date herewith, liereinujter dps~.~6ed. ~hp mo~lgngor here- ~ 6y g~nts, bargains, sells, nliens, remises, c~onveys and confirms unlo the mortgag~•P all the cerlnin lnnd ~ o~ which f~e mortgagor is now seizer~ nnc~ in possession siluafe in $t. Lueie County, Florida. u~z: The West half of Section 4, Township 35 South, Range 39 East ar.d that part of Section 5, Township 35 South, Range 39 East, lying South of the Sou~h right of way line of Angle Road and East of the following described land: Frem a point where the East line of aforesaid Section 5, intersects the South right of way line of said Angle Road right of way, run North g9 deg. - 45 min. - 15 sec. West along said right of way line a dis- tance of 1~20.17 feet; thence North a distance of 50 feet; thence North ~ $9 deg. - 23 min. - 45 sec. West a distance af 1+75.92 feet to a point I ahere said South right o£ way of Angle Road intersects the west line of a 6C foot wide power line easement lyir.g West of and abutting a 110 foot wide ~ower line easement hereinafter referreci to; said point bein .,he p~int ~f beginning of the West bour~dary to this parcel. ~ rom the point of beginning run South 0 deg. 00 min. - 35 sec. East a istance of 5,295.75 feet to a pcint~ on the South line and $36.00 feet i 'i ~rlest of the Set.theast ~orner of Section 5. , ~ ~ ~ ~ . -cept~r~g 'all rights of way for pubiic roads and dra~.nage car.als, and, ! i ~ Subject to tha~. certain power line easement from grantors to Florida E ower & Li6.~t ~ompany, dated October I7, 1957, and recorded in Deed ook 234, page ?1, ar.d ~urther subject to tr.e covenant prohibiting the stablis~unent or mainter.ance of billboards and other forms of adver= is~ng and display on any portion of the land which is the subject of ::is deed whicr. is ~jisible from the travelway of Sunshine State Park- ~ay as is contair~ed deed from grar.tors hereto to Flori3a State Turn ~ >ke Autherit}-, dated May 31, 19b2, recorded in Official Records Book } , l, p~ge 650, public records of St. Lucie County, Florida. ~ ~ ~ ( HIS IS A PLRCHASE MOI`dEY SECOND MORTGAGE, given subject to that cer- ~ ~ air~ tTi~2'i,~age Lo 'i':~e Prudential Insurar_ce Company, recorded in O.R. ! ~ ook ,yY , page public records of St. Lucie C~unty, Florida. i, ~ ~ ~ {ny default in the terms, conditions and payments of either princiapl r interest, or both, on the First Mortgage shall constitute and be ~ 5 eer.ied a default of the terms and conditions of this mortgage. ~ ~ ~ ~ ~ uring the continuance of this mortgage, Mortgagor irill keep the cit- ~ ~ rus grove located on the propert}~ encumbered hereby in good and sub-- ~ stantial condition, including, but not limited to, proper maintenance, i ertilizir~g, spraying, watering and pruning, and if Mortgagor shail ~ :eglect so to da the i~Sortgagee at his discretion may enter upon said ~ remises from time to time in order to keep said citrus grove in good ~ ondition without thereby becoming liable as a Mortgagee in possessi~ ~ nd that all expenses so incurred by Mortg3gee srall be paid by Mort- agor on demar.d and until so paid shall be added to the principal raount secured hereby and shall bear interest at tr~e same rate. TOGETHER WITH THE FOLLOWING: • ~ 2 one-way Bumps of 12 00 gallon capacity ~ ~ 1 two-w~y pump of 1~,b0~ gallon capacity ~ , 1 30 x O metal equipment barn ~~27 ~ ? a r* e s~~n flowing wells ~~~4 , _ - . _ - ~ _ _ , . . _ _ . - _ _