HomeMy WebLinkAbout2556 togettier with all fi:turea and all buildings, improreaients, irrigation and dra?iuage cquipwcnt (e~clusive of
po~table pipe and fittings -and unmouated pumps) now on c~reaiter located oa the premises, which are hereby
declared to be fiztures, and all reneweils, replscements and additiona to ~uch fi:tures, aAd all the rents, income,
issues, proceeds, produce aad profits of and from the Mortgagcd Premises, together wlth all the reversions, remaia-
dery, ways, easements, servitudes, streets, passages, rights. privllegcs, lands, tettement~, hereditaments and appurt-
enances thereunto belunging or in any wise appertsining, including apecificaliy aad not by way of limitatioa, all
water, riparian, irrigatiun and drainage rights, and oil, gas and auneratl rights and royalties.
\fosralaoR Dosa FURTlI~R mortgsge, transfer, set o~•er, assign and pledge unto 111ortgagte all crops now grow-
ing and l~creaftcr grown on tl~e mortgaged premises, hereby giving and graating unto ~fortgagee a tirst and p~ior
lien thereon, pro~•ided, however, tl~at such lien shall be and is hereby inade exp:essly subject and subordinate to an~
crop lien or crop mo~tga~e encuml~ering cra~~s which come into ezistence prior to foreclosure sale as pro~•ided by tt~is
mort~a~e, thc procisionQ af clause 9 hemof not~sithstamling. Any such crop licn or crop mortgage shell not ho~rc~•cr,
be a licn prior to this mortgage on anf crop coming into e:istence subsequent to said foreclosure sale. "Come inta
e~istencc" and "coming into e:istcnce" shall, for the purpose of this mortgage, mean bloom in the case of crops from
percnnisl plantings nnd orchards, and shall mean planting in the ease of erops from annual or more frequent plant-
in;s. \othinn hcrein contained, howerer, sha11 operate to subotdinatt the lien of this mortgage as afiecting trecs ar
otl~er ~ierennia] plants but shall so opcrate ns to ti~e crops har~ested therefrom.
To H~~e A~o To IioLn the alwae grantcd and described p:emises ~nto :~tortgagee, its suceessors and assigns '
forc~ er.
\fortgagor herebp co~•enanis ihat ~lortgagor is indefeasibl~ seiaed of the \Iortgaged Premises in fee simple;
that ~Iortgagor is in actual possession thercof and has full povver and lawful right to convey the same in fee simplc
as niore~aid; that it s}~all be lawful for \lnrtoagec at sll times to pcaceably and quietlq enter upon, hold, occupy
and enjof all of the ~Iortgagcd Prcmises; tLat the :lioctgagcd Premises are free from ali incumbrances eacept as
nfore~aid; that ~tortgagor will make such further assurance to pro~•e ~fortgngor's fee simple title as may be
reasonablf required and that \fortgsgor will and shall fully rrarrant and defend ihe title to ihe same unto \iortg-
agee against the Iavvful claims and demamis of aIl persons whomsce~•er,
PROt IDED~ ALtPAI'S~ arid ihese prescnts are upon the eepress condition that if \fortgagor shall pay unto
.ltortgagee the sums of money as pro~ided in the promissory note aforesaid and anq eztensions or renevvats thereof
and interest lhereon, at the time and in the iuanncr therein prorided, whether in due course or under anp co~•-
enants or stipulations herein contsined, and sl~all pay all other indebtedness or liabilities secured herebti• snd
shall well and trulq keep, perform and compl~ with all the co~enants, agreements and stipulations herein
contained, then the estate hereby granted, bargained, sold and con~eyed shali cease and determine; otherrrise
these presents shull be and remain in full force and effect.
And ~fortgagor herehy jointly and seserally corensnts and agrees to and witL ~fortgagee as follows:
l. To pay all and singular the principal and interest and the various and sundry sums of moneq psyable
by ~irtue of said promissory note and this mortgage, each and ecer~ prompdy on the dafs respeetively the same
se~~erallr become duc,
2. To pa~ all and singular the tases and assessmcnts at any time imposed, leried or assessed on the 1liortg-
a~ed Premises or the indebtedness secured herebq, or the \tort~agee's interest in the mortgaged premises before
, they hecome delinquent. Taa receipts shall be placed in thE tiands oE ~lortgagee ~citt~in ten (]0) dafs after
pa~•ment.
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~ 3. To keep the 1lort~agcd Premises other than land continuousl~ insured against loss by fire and such other
z hazards as may from time to time be requested bv ~lortgagee in companies and in amounts in each companp as
j may be appro~•ed bv and be acceptable to ~Iortgagee; all insurance policies shall contain the usual standard
~ mortgagee clause making the loss ps~ able, without contribution, to ~fortgngee as its interest may sppear, and
~ shali be delivered promptlr to and held by Dlortgagee. '_1Tot less than ten dayg in ad~•ance of the eapiration of eacli
`s polic}•, to deli~•er to \tortragee a renew•al thercof. tofiether with receipt for the premium of such renewal.
} The proceeds of any such insurancc or any part thereof ma~ be applied b~• ~Iortgagee at its option, either to the
; indebtedness hereb~ secured or to the restoration or repair of the property damaged.
3 4. To keep the ~Iortgaged Premises and the fi~tures now or hereafter located thereon in gaod order and
i repair; to permit, commit or suffer no waste, impairment or deterioration thereof; to preserre, maintain and
~ care for any timber, pastures, orchsrds, cittus gro~es, fields and other agriccltural derelopments now or hereafter
lceated thereon, including, but not being timited to, cuiti~ation, spraping, dusting, pruning, fertilizing, liming,
draining, irrigating, protecting against damage bp fire and replanting when necessarp, all to be done in accord- '
; ance with good husbandrs and the most approtied methods of agrieultnral managemenG
;
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5. To eomply as far as they affeet the \iortgaged Premises, with all statutes, laws, ordinsnces, decrees and
; orders of the United States, the State of Florida, and any political subdi~ision thereof.
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6. To pay to :~iortgagee npon demand a11 sums, including costs, ezpense and reasonable agent's and attor-
ney a fees which it may expend or become obligated for in proceedings, legal or otherwise, to establish or sustain
~ the lien hereof or its priority, or in defending against liens, claims, rights, estates or essements of any person or
; persons asserting prioritq hereto, or in pa~ment, settlement, discharge, or release of any asserted liens, eleims,
= Tights, easements or estates on counsel ad~ising Dtortgagee that the same is superior to the lien h e, oF for r.n
i abstraet or supplemental abstract, together with interest on all such sums so paid at the rate o~@i~ per eent
}(Y~ per annam on the date tbe same are paid. Mortgagor also covenanta and agrees to pay all costs, charges
and e:penses, including reasonable attornef's fees and commissions and abstract eharges or ezpenses paid or in-
s C t t.~-~ ~
s . r~~ ~ ~550 ~