HomeMy WebLinkAbout0445 ~ rOtiG~GE OEEO RAMCO FORM J2M Q) ^
f~o~ COrpOru~~ow le ~o~poiol~ow . ^
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I:recuted 1he 9th d~y oJ J111y A. n. t973 6y
WACO GROVES, INC.
a corporation e.ristinfl untler Ihe Iaws oJ St1t@ of Florida , an~ ~~aving ifs principa~ p~ace o~
6~isiness a~ p. O. BOX ?60~ Vero BeaCh~ F1oI'3da 32960
{~ereinalfer ca~~e~~ t{~e morfgagor, to
;TESSIE MEYERS, INC.
a corporation exisfing iincle~ Ilie Iaws of the Sfale o) Florida , wif{~ ils permanenf poslo~~ece
aclclress 1111 Seminole Drive, Indian Harbour Beach, Florida 3293? .
hereina~ter calle~I the mortgac~ee:
~Nhere~er used her~in ~he terms "mort[ata' aod "morteatK' iaclude all t6e puties to t6is IASIfU~ItOI and t6e Acin,
Intal r~prexnuti~es aad u+itns ot iadiriduab. and the eurcess..n and u+isas ot corpuratiuas: and the lerm ••no~i'
includes all the notes Ae~eia dtscrib~d il more t6ae one.l
~ ~itnesseth~ that (or c~oud ancl valuable consideralions. and also in consideration o~ tl~e aggre-
I c~ate sum ?inm~d in the promisso?y note o( eoen ~1ate hereu~il{~, hereinafter described,-llic~ morlc~n~or I1PlP-
j by ~~r~nfs, ba?r~ains, sells, aliens. remises, coni~eys and con f
irms unlo the morlga~ee all tl~e certain land Y
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I oJ iv~~i~~{i Ihe mort,yagor is no~o seize~~ anc~ in possession sifuafe in St . Lucie rounly.
~ Floricla. viz:
~ The West 1/2 of the NE Quarter of Section 9,
' Township 35 South, Range 38 East.
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Together with all citrus crops n~w or hereafter grawn
' on the citrus grove situated thereon. Provided, however,
the mortgagor shall have the right to harvest and sell all
j citrus crops now or hereafter grown on said citrus trees,
free from the lien hereof, until and unless this mortgage
i is in default and legal action to foreclose same is duly
f iled.
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' THIS IS A pURCHASE MONEY MORTGAGE.
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~ ' The Mortgagor agrees to cultivate, fertilize, spray, dust
s ~ and otherwise maintain the citrus grove situated on said
! propertp in accordance with the standards of horticulture
~ normally applicable in the area in which said grove is
E ~ situated.
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~ ( The Mortgagor shall be given 30 days grace in the making
~ of any payments due under this mortgage and note as a
~ condition to the Mortgagee having the right to accelerate
the entire balance due thereunder.
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