HomeMy WebLinkAbout1523 ~0 ~ W ~ Itie same. logelher wi11~ Itie l~nemen(s, tie?~tfamsnls nnd appurte-
nnnces lherelo be~onging, and fhs re~ts, is~uss a~d pro~ifs ftiereof. unlo !he rno?fgages, tn ~ee aimple. ~
T11~ t1~e morfgagor couenanl~ u~ilh fhe mortgage. fhaf !tie mortgago~ is indefea~lb~y seized o~ said
land in ~ee simp~e: t1~at the morfga8or 1~as goal rig{~t and ~awf u~ aut~o~ily fo convey snld ~and as a~ore-
saId: ttiat fhe mortgaAor will make sucl~ Jurther a+surances to per/ect !he /es simple ttile to satd lnnd ~n the
w~o~lgagee as may reasonn6ly be ?equtred: tkat !he mo?tgagor he?e6y /ully warranta tl~e title fo said Iand
and will de%nd the same agninst the lau~)ut clatma oj nll penons whomaoever; and tkat anid land 'u /ree
anil clenr oJ a!! encum6~ancea. And mortgagors further covenant and agree for so long
as sll, or any part of the indebtedness secured hereby remains unpaid to pre-
serve, rnaintain and care for the citrus grove upon the above described propert ;
such care and tnaintenance to include cultivating, spraying, dusting, pruning,
. fertilizing, watering, protection against damage by frost and fire, marketing
of crops and replanting of trees when needed, all of which is to be done in a
good and husbandry-like manner and in accordance with appzaved methods of
grove culture in St. Lucie County, Florida,
, . .
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~~V~~ w~s~ lhat if saic~ morlgagor shal~ pay unto said mortgagee t~e certnin promia-
sory nofe I~ereina~ter substantia~~y copied or identi(ied, fo-u~it:
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~~g~pg Fo~ r?~~. ~.;a, March 30, , 19 73
In annual installinents as specified after date. I. we or either af us pmmise to pay to the order of
~ i EVERETT SHAW GROVES. INC
-ONE HL11`DR D THIRTEEN THOUSANDEIGHT HUNDREDTHIRTY-NINE & 08/lOQ~,~As
for value received. psyable ~c Rout~ # 1 Box 838 Fort Pierce, Florida 33450 or at such
other place as might be requested in writing. w;~ interest
~m date at the rate of -7~ per cent per anwm until paid; interest payable aS StSt~ ,
it def~nlt Ls made 1n ~ns wsmmt ~bea due, tLea ~t tha uptl+a of tbe Lotder. and vfWout ~ns oWet notlce. a11 tht remsintos palanu
'I aL~ll et dw ~od va~~bN at oaee. , .
~ /~nQ e~ep a[ ns ~6ether maker. swr~ntor or endorser. hettM senraUS ~afves ano reeouncrs acs ~nd aA AomesieaA exemptloo rlihts ~e maf
~ }~a~e nn8er~~'~.e CwutituUOn or L~s o[ tbe 8iate ot Plorida. or an~ otbu 6:ate or Unttcd Sta:es. as a~~inu tlus ootr. ~nd earh turther ~aftn den:~nd,
~ notlce ot non-D~sment and Yrotest. wd In rrent 1t beeoma neceuar7 W wlket this aote thro~?~h aa ~tWraes. airees to W7 ~11 costa. o[ oolkeuo4
lnGaAfni teason~bie ~tWSntYs (ee. ~ .
Interest only, in the amount of $7, 968.74, shall•be payable on March 30, 1974. The
principal sum of $16, 262. 73, together with interest then accrued on the principal balance,
shall be .paid on March 30, 1975 and the same principal sum. together with interest then
° accrued on the principal balance, shall be paid on the same date of each succeeding year
thereafter until the whole sum named has been paid in full. This note may be prepaid
without penalty at any time after January 2, 1975. ~ -
S/ Dan Biele _ sr:aL
as
Trustee
SEAL
~ 1T0. 85 scat~ Documerttary Stamps S~ J~Wrence D. Biele sEAL
~ atiached to original note and cancelled. - rllStCE
~ - SP:AL .
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