HomeMy WebLinkAbout3249 a~u F~njov ~aid lan:_i; that ~~ic~ land is free fro,~ ~li ~'t1C11?'i~'L'ili1CF?S;
t;iat sai.~3 ti+.orty<3gor, its successors ard lec~al representatives, ~~i1I
~~ke suc-h further assurances to perfc~ct the fee sir~plz title to
said l~nd in said ~1orC<Iagee its succ~ssors, legal representatives
a~~d ~~ssi~~~.s, as Ta~,~ reasona2~.ly be r~uired; and that said Mortga~~or
.=~oes hereY~~- fuil•? warrant the title to said ian.~ and wi11 defend
s3:::e aaair_st the ia~vful clair~s of at_1 persons whon.soe~~er.
- PRO~'ID'r:~ AL;~~'1~"S, that if said ?~~ort~3aqor, its successors,
lP~~al r^presentatives er assiqns shall pay unto the said Mortgagee,
its leqal representatives or assigns, the certain promissory note,
3 true copy oE which ::s attached as Exhibit A hereto, and shall
,~erfor~ , co~^.ply witn arid aride by each and every the stipulations,
agree-~:e:~ts, conc3itions and covenants of said pro.~:issory note and
of this deed, then this deed and the estate hereby created shaZi
cease and ~~.e n~;l~ alid void.
A~I.~ tr~e said Mortgaqor, ~or itself and its sticcessors, legal
repr~sc~ntatives and as5iqns, hereby covenant and agree:
1. `_r~o pay all and sing~_ilar the principai and interest and
other su~ s cf r~.oney payabl.e by virtue of said pro~r.issory note and
thi7 deed, or eitner, pro°,ptly on the days respectively the sar.~e
s ev~ra 11 v~~~ecor~e due .
2. To pay all and singular the taxes, ass~ssments, levies,
liabilities, o~~ligations~ and er.cu~~rances of every nature on said
descrik~e~? property, each an~ ever~-, and if the san,e be not pron~~ptly
naid *_h^ said Mortqagee, its s~zccessors, legal representatives or
assions, at any ti~,e pay the same without waiving or affecting
~he option to _`oreclose or any right herEUnder, and every payment
so ~~~adp sh311 bear interest fro:~ the date thereof at the rate of
per ~-ent , per ar,nu; ,
3. To pay a12 and singular the costs, charges and expenses,
includi„q la4n-~~r's £ees, reasona~ly incurred or paid at any time by
t~?ort~agze, its l~gal representatives or assigns, Lecause of the
Fail~:re on the part oE the said ~lortgagor, its successors, legal
rnpresQ-~tatives or assigns, to perEorm, co,~,ply with and abide by
~a.~;: a,.~ ~•.•~~-1~ *~:e s*_ i g~_tl3t i ~ns j aareeirents , conditions and covenants
oF said pro,rissor~r note and this deed, or either, and every such
pay~~ ~nt shali t~~ear interest fro:~ the date of said pay:Tient at the rate
o~ ° pPr cc~nt, oer 3TiTl:i!".
4. Tc :~er.~ it, co: mit or suffer no waste, ii,.pairment or
•~~ei_ ~r i~~xat ~~n o~ s~~ id p: operty or anr oart thereof .
i *.iortya~;ror covenan*_s and agre~s for so Iong as ali, ar any
~art tn~~ indebtedness securec: here?-~- rerrains unpaid to preserve, r.-ain-
~ rain a-~d care ror the existing producing citrus groves upor, the above
~ .
; d~scr;: e~.~ pr~-~ises, such care and maintenance to inclucie cultivating,
spra~;ir~~., d~~stinq, prur,ing, fertilizing, watering, protection against
i a~_j~~ ti;~; ~r~st anc? `ire, r~arketi:3g o` crops and replanting of
*_r~ec ~eed~d, al; to ~~e done in a Ylusl~a^,d-li:ce --anner and
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