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HomeMy WebLinkAbout2453 - _ , f~ow Capwouoa t0 Co~pe~oNo~ , ~ _ 23243~4 _ ~ ~ ~ r k I:x~u~~l ~?~p ~ 20th doy oJ June A. D. t972 6y NORTH CANAL GROVES, INC. ` n corporation exisiing uncJer the ~aws o/ Florida . n?+~[ {~a~~in ifs g p~incipaj place o~ h~u~?~~ss Q~ Fort Pierce, Florida herPiria~ler ca[I~•d t{ie mortgagor, to DiGIORGIO CORPORATION a cor{wration ~xisting tincler !he ~au,s o( fhe $fate oj Delaware . ~uil~ ils permanent pos[of(ice add.~.ss oe pne Maritime Plaza, San Francisco, California . {?erninafter called fhe morlfln~ee: IN'he~e~er used herein tAe terw "mortRa~or•• and •'m~vtt+~er" include all tAe parties to this imtrument and t6e 6eirs, kral rcpre~enuti.es ant! avitns of individwh, and the !uttesson and asti~m o( corpwatioas: and !he term ''nott•• includes all tAe nu~es FKreia describcd if more tba~ one.l a ~ ~~~1`~Ql~~ t~ia1 ~or ryouc~ anc~ ra(uah~e consic~erafions. an~ a~so iin consic~e~alion o~ I~e a~~re- pat~ ~um nam~c~ in fh~ promissury note o~ e~~en c~a1p /~ereu~ilh, f~ereinafter descri~, t~~p morh~agor tiere- 6y granls, barr~ains, sells, aliens. remises, coni~~ys and con~irms unlo fl~e mortgag~e all tfie cerlain Innd ij oJ w~ir~ I~e mo~tga~or is nou~ SP12P~ pnc~ in poss~ssion siluafe in $t. Lueie Coiuely, f t'~OlI~Q, I~IZ: , • ~ Parcels Two and Five as fully described in Exhibit "A", pages 4 i and 7, which is attached hereto and by this reference incorporated ~ herein. ~ ~ Mortgagor covenants and agrees that it will at all times, during the continuance of said mortgage lien, properly fertilize, spray, I remove and replant dead trees, cultivate, irrigate, care for and maintain in a productive condition all of the citrus grove on the 4 above described property in a manner consistent with the best ~ ~ care and cultural practices ordinarily utilized in the care of such groves in St. Lucie County, Florida, and mortgagee ma enter Y i upon the above described premises to inspect the condition of said ' grove at all reasonable times. ~ ~ ! Mortgagor does hereby give, grant and convey to mortgagee a lien ~ ~ upon the 1972-73 crop of citrus fruit growing or to he grown on the above described land and said lien shall continue on all future citrus crops until the indebtedness secured hereby is discharqed in full and said lien shall be prior in right and dignity to any liens for materials or labor furnished for the cultivation or improvement of the citrus grove described above. Mortgagor does further give, grant and convey to mortgagee a 1.ien upon all drainage and irrigation equipment presently instal.led or situate upon the above described property including, without limi.tations, all pumps, motors, wells and the like, and mortgagor covenants and agrees to maintain the same in a good state of repair equivalent to the condition of said equipment at the time of execution hereof and any failure by mortgagor to so maintain the same shall constitute a default hereunder. The crop lien mentioned above is subordinate to the right and interest of Tropicana Products, Inc. by virtue of that certain agreement dated February 21, 1972 and recorded February 23, 1972 in O. R. Baok 199 page 2571, public records of St. Lucie County, Florida. ~ OF ~ ~ ~ ~ ?~ppElt(X. ~ DlIE ON Ql~f'C ~n.134. ACt'S OF Ull. r`,~ ~ ~ qO;E~ PQ~°AC ~ U I+ ~tK G~UR o0s~. sf. W::~E 00.. FU~ _ I ' 0(I#(~J ~AGf~~~ ~ ~~h'h ; _ . ^ fi em ~ ~ _ ~ ; ' ,K`i A ~ ~ w~.~Ui~.,«. ~`cr_ ~ T s~.Er> -ny .3~", ~ y ~ ~ :A.r~ y~ xs ' ~ . ` ' - r~' "~.i~.-a "S - ~ . . -,~~~'~r~~e f~'~`.~1" _ ~ ~ - ~w~ ~ . _ .