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HomeMy WebLinkAbout3366 to~ctlier with all fizturea ~+nd all buildinga, improvewents, ir~igation and ~~rainage equi~,went (c:clusi~•e of }?~rt~ble piNe and fittin~~ xnd unn~uuntrd puwps) now or hereafter located on the p~emises, ~hich are hereb~• declarcd to be fi:tures, anJ all rene~als, replaceweuts and additions to such fistures, and all the rents, income, issues, procerds, produce and profits of and from the \lortgaged Nrewises, together MitL all the reversions, reaiain- ders, wu}~s, easeu~ents, ~er~•itudes, stceets, passages, rigl~ts, pririleges, lands, tenewe~its, here~itaments sad appurt- cnance's tt~~reunto belunging or in any r~ise appertaiaing, inctuding spccifically and nat by ~ay of limitation, all ~cater, riparisn, irrigntion and drainage rights, and oil, gas and wineral rights and ro~altics. ~IURTG~t70R DOES I'CltTtltiR mortgage, trnnsfer, set o~•er, as~i~n and pledge unto \fortgagee all cropa now grow- in~ anil hcreafte~ rruwn on the mortgaged premises, hereby giving and granting unto ~[ortgagee a first and priur licn thercot~, pro~•id~•d, hoK•c~•er, thnt such lien shall be and is l~errb~ q~ade csprc,sl~ suhject and suLordinatc to :?n~• crup lici~ ur cro~? ~nort~at!c ~•ncm?~Lrrin~ cmps H•hinc ~un~e into existcnce prior to furcelosure s:+lc e?s prot•idcd hr tl~is murtra~e, tLe pro~ isiuns of clause 9 hereof notw•itlutanding. An~ such crap lien or crop n~ortgsge sltall uot 1ioK•rvrr. be lirn prior to this wortri:i~;e on an~ crop rou~ing into eaistence subseqaent t~ snid fareclosure sale. "Come inta rxi,trnc~° and "coining into esistcnce" st~a~l, for the purpose of this mortgage, mean bloom in tLe c+~se af crops ira:zz perrt~ni~2 pl:uttings and orcharils, and shall mean planting in tht case of crops from annual or more ircquent plant- in,.s. ~othin~ h~~rein cuntaincd, hotsc~•er, shall operate to sub~rdinate the lien of this n~ortga~c as uffectinP, trccs or othcr prrr~~nial }?lants but shall so operate as to th~~ crn~~t har~•ested tl~crefron?. To Ii.a~-e :1xn 'I'o HoLn tl~e abo~•e ~r:~nted and desrrib~•i~ ~?rrmisc. unto ifart~:?~ec, its successors and assi~ns furcver. ~Iortragor herrbp co~•cnants that ~tortg~gor is indrfra~ibl~• seized of tLe ~lortga~ed Premises in fce simplr; that \Iortgagor is in aetual possession thercuf snd hus full poK•er and la~cful right to con~c~ the same in f~c s~~:~~z'..: as aforessid; thai it shall br laKful for Jlortrnt,?ee at all times to p~:~ceaUly and quietl~ enter upon. Lold, occup~ and enjo~ all of the ~lort~;arcd Premises• tl~at the ~lortra~;ed Prcniisrs are frce froni sll incuuiUrances e~eept as aforesaid; th:?t ~fortgngor Kill make such further assurance to prove \Iortgagor's fee simple title as maf be rrasonabl~• required and that ~tortga~or Kiq and shall full~ Knrrant and deiend the title to the same unto ~fortg- agee ngainst the la~cfttl elaims and demands of all persons ~chocnsoe~•er, I~ROYIDED, ALI~AYS, and thrse }~resents are upon the express rondition that if 1lurtgngor shall pay unto ~Iort~agec the sums of monep as pro~ided in the promissor~ note aforessid and anp extensions or rene~sls thereof and interest thereon, at the time and in the manner therein procided, K•hether in d~e course or nnder ant co~•- enants or stipulations herein containcd, and shall pa~ ull other indeb[edness or liabilities secured hereln• and shall ~ell and truly keep, perform and complc with all the co~ensnts, ~greements and stipulations herein contained, then the estate hereb~ granted, bargained, sold and conce~ed shali eease and determine: othertirise these presents shall be snd remain in full force and effrct. And ~Iortgagor herebc jointlt and se~erallp co~enlnts and agrees to and with \Iortgagee as follows: 1. To pay all smi singular the principal und interest and the ~arious and sundrr sums of money pa~~able br cirtue of said promissorf note and this mortgage, earh and e~•cr~ promptl~ on the da~ s respeetiti~elF the same se~•erall~• become due, 2. To pa~ all and singular the tazes and assessin~•nts at an~ time imposed, le~•ied or assessed on the Jtortg- ared Preinises or the indebteduess secured hereby, or thc ~Iortgagee's interest in the mortgaged premises before they become dclinquent. Tas receipts shall he placed in the I~ands of ~fortgagee w•ithin ten (10) da~•s after pa~•ment. 3. To keep the Vort~arcd Yremises other tLsn land continuousl~ insured against loss b~ fire and such other hazards as map fram time to time be requested by ~Iortgagee in companies and in amounts in each compan~ as ma~ be appro~•ed br and he acreptable to Jtortgagee; all insurance policies shall contain the usual standard mortgagee da~se making the Ioss pa~•able, ~cithout contribution, to ~Iort~agee as its interest ma~ appear, and shall be deli~•ered prompd~• to and held by \fortgagee. \ ot less than ten da~ s in ach•snce of the eapiration of eacli polic~•, to dcli~•er ta ~1ort~aqee a rrncN•al the•rcof. toFether rcith receipt far the premi~m of sach renevral. "['he proceeds of anf such insurance or anp part thereof m~~~ be appliccl br llortgagee at its opiion, either to the indebtedness hereb~~ secured or to the restoration or re~~air of the property damaged. 4. To keep the ~fortgaged Premises and the fi~tures no.~ or hereafter located thereon in good order and repair; to permit, commit or suffer no waste, impairment or deterioration thereof; to preserce, maintain and care for any timber, pastures, orchards, cihus groces, fi~lds and other agricultural de~•clopments noK• or hereafter located thereon, incli~ding, but not bein~ limited to, cuiti~•ation, spraying, dusting, prunin~, fertilizing, liming, draining, irrigating, proteeting against dnmage by fire and replanting ~•hen necessars•, a11 to be done in accord- ance K~ith good hasbandre• and the most sppro~•ed methocls of agrieultural management. 5. To compl~ as far as they affect the \iortgagrd Premiscs, ~cith all statutes, la~ss, ordinances, decrees and orders of the United States, the State of Florida, and an~• political subdirision thereof. 6. To pay to ;?Iortgagce upon demand all sums, including costs, espense and reasonable agent's and attor- ney's fees which it map expend or become obligated for in proceedings, Iega1 or other~-ise, to establish or sustain the lien hereof or its priority, or in defending against licns, daims, rights, estates or easements of any person or persons asserting priorit~ hereto, or in pa~ment, settlemcnt. discharge, or release of anf asserted liens, claims, rights, easements or estatcs on counsel ad~ising \~ortqagee that the same is superior to the lien hereof or for r.n abc ~traet or stipplemental abstract, together with interest on all such sums so paid at the rate of cry~j~}eer cent (8~i'o) per annum oa the date the same are paid. Mortgngor aIso covenante and agrees to pay all costs, charges and eapenses, ic~eluding reasonable attornec's fees and eommissions and abstrnet charges or ezpen~es paid or in- 600K ~~9 rA(,E 3F~ _ - . . , ~ `