HomeMy WebLinkAbout2563 togetl~er with all tizturw aad all buildings, impro~ea~eats, irrigation attd drainag~e equipment (czclusive of
portabte pipe and fittinbs and unmounted pumps) aow on c~reafter tocated on t6e premises, wbich are hereby
dcclAred to be fi:tures, and all renewals, nplacements and sddition~ to aucL listures, aad all the reats, iacome,
issues, proceeds, produce and pmfits of and irom tha Mortgaged Premises, together wit6 all the reversiona, remain-
dcrs, ways, easements, servitudes, streets, passages, rights. ptivileges, lands, tenemonts, hereditamenta tnd appuct-
enanees thereuato belonging or in any wise appertaiuing, including apecifically and not by wsy ot limitation, all
W ater, riparian, irrigation and drainage righta, and oil, gaa and mineral rights and myaltics.
AIORTOAGOR Doss FURTIIBR II10T~gag@, transfer, aet o~•er, assign end pledge unto Mortgsgee all crops now grow-
ing and hcrea[ter Rmwn on tlie mortgaged premises, hereby giving snd graniing nnto 1ltortgagee a first end pTior
lien thereon, providcd, liowe~•er, tl~at such lien shall be and is hereby made expresslf subject and subordinate to anp
crop lien or crop ~nortgnge encumbcring crops whic?~ come into existence prior to foreclosure sale as provided b~ this
mortga~c, the ~uo~~isions of clausc 9 hereof nottisitlistanding. Any such crop lien or crop mortgage shall not howe~•er,
be a lien prior to ihis mort~ngc on sny crop coming into e:istence subsequent to said foteclosure sale. "Come into
esistence" And "coming into eYistence" shall, for the purpwe of thiy mortgage, mean bloom in the case of crops from
pcrrnnial plantings and orchards, and ahall mean planting ia the case of crops from annual or more frequent plant- .
ings. Nothing herein contained, liovvever, shnll opetate to subordinnte the lien of this mortgsgc as affecting trces or
othcr perennial plants but s1~a11 so operate as to the crops har~ested therefrom.
To Ha~-s ~so To ~IOLD the alw~•e granted and describeJ p:emises ~nto :~lortqagee, its successors and assigns
fore~•er.
~ ~fortgagor hereby co~•enants that \lortgagor is indefrasibl~ seiaed of the \Iortgared Premises in tee simple;
that ~iortgagor is in actual possession t6ereof and has full power and lawful right to convep the same in fee simplc
as aforesaid; that it shall be lawful for ~Iortgagee at all times to peaceablp snd quietlq enter upon, hold, occupy
and enjoy all of the ~Iortgared Premises; that the 1liortgaged Preri~ises are free from all incumbrances except as
aforesaid; that \fortgagor wi11 make such fnrther assuranee to pro~•e ~iortgagor's fee simple title as map be
reasonably required and tha! ~iortgagor will and shall fully warrant and defend the title to the same unto ~iortg-
agee against the lawful claims and demands of all persons whomsce~er,
PROYIDED~ ALWAYS, and thcse presents are upon the express condition that if 1lfortgagor shall pay unto
\fortgagee the sums of money as provided in the promissory note aforesaid and anp e:tensions or renewals thereof
and interest thereon, at the time and in the manner therein pro~•ided, K•hether in due course or under anp co~•-
enants or stipulations herein contsined, And shu11 pap alt other indebtedness or lia6ilities secured hereb~ and
shall v~ell and truly keep, perform and complp with all the covenants, agreements, and stipulations herein
contained, then thc estate hereby granted, bargained, sold and con~eqed shall cease and determine; otherv~ise
these presents shall be and remain in full force snd effect.
And ~iortgagor hereby jointly and se~erally covcn3nts and agrees to and with 11lortgagee as follows: .
1. To pay ail and singular the principat and interest and the various and sundrf sums of moneq pa~able
bp rirtue of said promissorp note and this mortgage, each and e~ery promptl3 on the days respectively the same
se~•erall~ become due,
2. To pay all and singular the taaes and assessmcntc at any time imposed, le~ied or assessed on the Diortg-
aged Premises or the indebtedness secured hereby, or the liort~agee's interest in the mortgaged premises before
they become delinquent. Tas receipts shall be placed in the hands of ~fortgagee vcithin ten (10) days after
pacment. '
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~ 3. To keep the \fortgaged Premises other than land continuousl~ insured against loss bp fire and such other
hazards as may from time to time be requested by 111ortgagee in companies and in amounks in each company as
j may be appro~•ed bv and be acceptable to ~fottgagee; alt insurarece policies shall contain the asual standard
f mortgagee clause making the loss pacable, without contribution, to ~lortgagee ss its interest ma~ appear, and
~ shall be deli~ered promptly to and held by 1?fortgagee. '_1~'ot less than ten dafs in advance of the eapiration of each
; polic~•, to dclirer !o _llort~a~ee a renexal tl~ereof. to~ether with receipt for the premium of sueh renewal.
s The prceeeds of anp sucb insurance or an~ part thereof ma~ be applied bti ~fortgagee at its option, either to the
~ indebtedness herebv seeured or to the restoration or repair of the propertp damaged.
~ 4. To keep the :1lortgaged Premises and the fi~tures now or heresfter located thereon in good order and
~ repair; to permit, commit or suEfer no waste, impairment or deterioration thereof; to preser~e, maintain and
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care for anp timher, pastures, orchards, citrus groves, fields and other agricultaral decelopments novr or hereafte~
locsted thereon, ineluding, but not being limited to, cultivation, spraying, dusting, pruning, fertilizing, liming,
draining, irrigating, protecting sgainst damage by fire and replanting when necessary, all to be done in accord-
~ ance with good husbandr~ and the most appro~ed wethods of agricuitural management~
5. To comply as far as they affect the atortgnged Premises, ~sith a11 statutes, laws, ordinances, decrees and
orders of the United States, the State of Florida, and anr political subdivision thereof.
~ 6. To pay to :~Iortgagee upon demand all snms, including costs, e:pense and reasonabie n~ent's srsd
= ney's fees which it may expend or become obligated for in proceedings, iegai or otherwise, to establish or sustain
the lien hereof or its priority, or in defending against liens, ~laims, rights, estates or easements of any person or
persons asserting prioritp hereto, or in payment, settlement, discharge, or release of any asserted liens, claims,
~ rights, easements or estates on counsel advising :~iortgagee that the same is superior to the lien h$ie f, r for r.n
3 abstract or supplemental abstract, together with inLerest on sll such sums so paid at the rate of'p~~er cent
~ )(lt~8j per annum on the date tLe same are paid. Mortgagor also covenants and agrees to pay all cost~, charges
and eapenses, including reasonable attornP~'s fees and con~missions and abstract charges or ezpenaes paid or in-
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BORK215 V~~,E2557
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