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. fixtures and other personal property made a part of the Mortgaged
Property and the Project except furniture, office equipment,
automotive equipment and inventory, as described in Exhibit
A attached hereto.
The Mortgage has been, or prior to the sale and delivery
of the Bonds wi11 be, assigned to the Barnett Bank of Jacksonville,
National Associatior~, as Trustee, which assignment wi.ll be ;
for the equal and proportionate benefit and security of all
and singular the present and future holders of the Bonds
and the Concurrent Parity Bonds, the redemption premium of
each issue, if any, and the interest coupons issued and to
be issued under the Resolution and the various documents
of the Concurrent Parity Bonds, without preference, priority,
or distinction as to lien or source of payment of any one
Bond or Concurrent Parity Bond over any other Bond or Concurrent -
Parity Bond by reasQn of priority in the issue, sale or negotiation
thereof. ~
i
The Mortgage and the assignment thereof shall be attached ~
hereto as Composite Exhibit B and shall be in substantially
the following forms, with such omissions, insertions and
variations as may be.necessary and desirable and authorized
or permitted hereby or by any subsequent resolution adopted
prior to the issuance of the Bonds and the Concurrent Parity
Bonds and agreed to by the parties hereto and thereto:
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THIS ~dORTGAGE, dated as of the lst day of December, }
A.D., 1972, by TREESWEET PRODUCTS CO., a corporation organized ;
and existing under the laws of the State of California, hereinafter
called the MORTGAGOR, which term shall include the legal
representatives, suc~essors and assigns of the Mortgagor
wherever the context so requires or admits, to ST. LUCIE
COUNTY, FI,ORIDA, a political subdivision of the State of
Florida, hezeinafter called the MORTGAGEE, which term shall
include the legal representatives, successors and assigns
of the Mortgagee wherever the context so requires or admits,
Z7ITNESSETH: That for Ten Dollars ($10.00) and other
good and valuable considerations and in consideration of
the sums mentioned and the mutual promises and covenants
of the Installment Purchase Trust Agreements of both the
$1,000, 000 St. Lucie County Industrial Development Revenue
Bonds (TreeSweet Products Co. Project) Series 1972 and, if
issued, the $1,000,000 St. Lucie County Pollution Control
Revenue Bonds (TreeSweet Products Co. Project) Series 1972
revenue bond issues (which Agreements are by reference incorporated
herein and made a part hereof), the receipt whereof is hereby
acknowledged, the Mortgagor does hereby grant, bargain, sell,
alien, remise, release, convey and confirm unto the Mortgagee,
its successors and assigns, all the certain piece, parcel
or tract of land of which the Mortgagor is now seized and
possessed and in actual possession, situate in the County
of St. Lucie and State of Florida, described as follows:
40
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