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~ ~o ~ue and r~ ~iotd II~e snm~, fof~el~ier u~il~~ Itie lenemenls, I~ereclilnmenls an~I app~ufe
! nan~•es I~~er~lo ~,e~wu~ing. an~~ f~~P renls. issurs and pro~its fhereof. unlo 1~~~ morl~a4~ee. in ~ee simp~e.
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~n~ l~~e morfga~~or covenanls ~vilh 1~~e morlga~ee I~~at f~~e mo~fpaf~or is in~~eleasiE~~y seizec~ o~ saic~
! ~anc~ in ~ee simp~~; f~~at Ihe mort{~aflor ~ias gooa rig~t and latuJu~ aul~~u?ily (o coni~ey saic~ ~anc~ as a~ore-
( said: fhal tf~e morl~~a~or tvil~ malc~ sucl~ (~ull~er nssurancps to per~ect Ilie (ee simple tit~e to saic~ land in fl~e
f morlgagPp ~s may reusona~~~y ~e rnquirec~: 1~~a1 f{~e mo?I~a~ur here6y ~u~~y warranls f~e lil~e to sai~~ ~an~~
j and wil~ crrf~nd the san~e ~c~ainsi Ih~ I~~o(u~ clainu o( aII persons u~Iio~nsoever: and that said ~and is Jr~e
i antr clear oJ all encum6?an~•es .
AND the mortgagor covenants with the mortgagee that, in the
event of a default by mortgagor, mortgagee shall be entitled to
the immediate appointment of a r~ceiver to take possession of the
above described property including any citrus crops growing thereon,
and said receiver shall be authorized to care for the citrus groves
I situate on said property and to receive and collect the income from
the same.
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~rouuled ~llways, Ihat iJ sai~ morfgu~or sliall pay unto saic~ mortgaflee fhe ceriain promis-
' sory nole {~ereina(ler su6stantially capied or idenliJiec~, fo inif:
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3.000,000.00 Fort Pierce, Florida J1use 20 ~~q72
~ Ag herainnfter provided after date, I, we or either of us promise to pay to the order of
DiGIORGIO CORPOR~1TI01~1
THR,B,~ 1KZLLION and NO/100-------------------------------------- pOIU~RS
for vatus reoeived, pnyable ai St. Lucia County Bank, Fort Pierce, Florida _
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with inferest
fr~ date at the rate of 6 per cent per annum until paid; interest payablR98~11-81~lu~lly
If def~uh b mad~ in anY WY~~ wMn dw and oomiew~s iw 30 days, th~n at tht option of th~ hold~r, and witFwvt aM? Wt~ notia.
~II dr runai~wp b.laoo. sMll b. dw .nd payabl. .r onu. ,
Md ~ of w wh~tfier nn~lw, yu+nnta? a a~dorser, hareby s~verally waiws snd rawurws ~ny and ~11 homestesd tx~nption riphts
wr map Iww urd~r th~ Constitutan or l~ws d th~ St~te of Hwid+, or any othe? St~h w United States, as +paimt this ~ot~: and ~ad~ fwNwr _
li wsiws d~ma~d, notioe of na?piy~e~K and prot~st, and in w~nt it b~canes neoasary w oolhct this not~ throuph an attoriky. +Ore~s 1e WY
~ dl costs of aoll~ction, indud'a+p ~.ason+bb attanr~s fe~.
~ TF~is noh m~y be pr~paid in wlab or in prt at any tirM withoul p~+wity. e
~ The principal aum shall be payable in live equal successive annual ~
~ fAStallmenta, the tirst o~ whlch shall bs due and payable one year -
from dats. Interest at 6• per annum shall be dv~ and payable semi- ~
~nnually tha first payment beinq duo six nwnth~ trom date.
(Documentary Stamps in the
~ amount of $4,500.00 aff~xed
~ to the original and cancelled.)
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w: (Corp. Seal~ ~
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~ NORTH CANAL GROVES, INC.
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~ gy /s/ Charles M. Campbell
~ Prea ent
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~ ' Atteat: ~s~ gernard A. Egan ~j~
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- ~203 ~~~54
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