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~T~~ , THOMPSON ~OqM RE 6 TMrt~pson OH~Ce Equ~Wrrent Co , Inc ~ k
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LYON CITRUS GROVES, INC., a Florida corporation ~ '
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' ~ {,~~?~a~lrr caIIPCI II~~ rrtortg~or, io STEPHEN A. SPEAR, as Executor of the ' ~
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~ ESTATE OF ALFRED S. LYON, Deceased ~
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~ ~ ~~rrpina(Ipr caII~I the mort~ugee: !
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'I- ~ ~ ~ Wtiemer ~eed 6erei~ t6e ~rrs "~vttaRa•• ~••~ertias'e" ~~rlwlr all tAe oa?nes ~a i6r iestru~~~ aad iAe 6r.rs. ~
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` 1qta~ reP~e+enudves ~wd a~ii[~a d i~idral~. ud l?r wcerrnn awd asu~s ..1 cer}oratim: ud tYe tere "~de'~ ~
~wchdn all ~e ~otes Arreie dacrised 'J aae d~a~ owr.l
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~`~~[~[LI`~ Il~a! )or good nnd ~1~61~ cansi~pralions, an~ ajso in considwntion o( the oggre +
,yafr sum narne~ in !tiP promissory nofe o! ei~en dole I~~rru~ill~. I~Prpina~ler ~escri~. I~e morfpngo~ tiere i
= j 6Y t~mnls. ba~Jains. sells. nlitns. remises. eoni~eys and con)irms unlo t{~e mortgagpe all tl~p certnin land '
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~ o~ w~?icti ttin mo?tgagor is now spizerr nnd in possession sifuafP in $t . Lucie CO~~Y• ~ f
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~ ~PARCEL "A": East-half of the South-half of Section 7, Township ~ ;
; out , Range 38 East, excepting, however, the following described
~ ~parcel: , ,
Beginning in the northeast corner of t;~e East One-half (E~) of the i
t ~South One-half (S~) of Section 7, Township 36 South, Range 38 East ~ _
= said point is also the center line of Summer1in Road; thence run ~ ;
~ ISouth along the section line a distance of 80 feet to the South line ~
~ of the 80 foot easement as described in easement recorded in Official~
¢ Records Book 11, Page ~44, Public Records of St. Lucie County, ~
~ Florida; thence run West a distance of 25 feet to the West right-of- ~
~ 4way line of Summerlin Road; thence continue West along the South line+
~ lof said easement a distance of 115 feet to the POINT OF BEGINNING, of~
the parcel herein excepted; thence run South a distance of 160 feet; ;
~ ~thence run West 15Q feet; thence run North a distance of 160 feet to ~ ;
° ithe So~ath line of said 80 foot easement; thence run East along said ~ !
° ~easement a distance of 150 feet to the POINT OF BEGINNING. ~ '
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~ ~PARCEL "B": The North 1295 feet of the Northwest quarter of ' i
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` ection , Township 36 South, Range 38 East. '
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_ ~PARCEL "C": The Northeast quarter of Section 18, Township 36 South, i
' ange ast.
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~ ~All of said parcels of land situate lying and being in St. Lucie {
x~ ~County, Florida. i
~;j ':TOGETHER with a S/12's interest to the pumping station and water ~
;control system, drainage and irrigation pumphouse, dikes, drainage '
;canals lying along the centerline of Sections 7 and 18, and all :
~other installations available on the above land as particularly set =
- ~forth in 0. R. Book 11, Page 344, St,. Lucie County records. s
~TOGETHER WITH that certain easement over the S. 25' of the S.W. ; of
lSection 7, Township 36 South, Range 38 East, for drainage and
irrigation purposes as set forth in 0. R. Book 68, Page 571, Public ~
Records of St. Lucie County, Florida.
THIS IS A THIRD MORTGAGE. In the ettent that any prior mortgage is ;
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~ in default, the owners and holders of this mortgage shall have the ~
right to declare this mortgage due and payable forthwith. p
In the event that at the beginning of or at any time pending any
suit upon this mortgage, or to foreclose it, or to reform it, and/or
v~`:: to enforce payment of any claims hereunder, said Hortgagee sha11 ~
apply to the court having jurisdiction thereof for the appointment ~
of a Receiver, such court shall forthwith appoint a Receiver of said '
mo~-tgaged property all and singular, including all anci singular the
crops, income, profits, issues and revenues from whatever source
- derived, each and every of which, it being expressly understood, is
= st~~~ 1~~ F~~~~~2303 ~
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