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11AMC0 IORM RCA
( lONO F011M 269533 ~ ~
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Execule~ fl~e 19th day o~ November , A. p. ~q 73 6y
KSNNETH H. LSI+LY and PIRJO LELLY, his wife
, hereina~ler called the mo~tgagor, !o RUTH N. HEISSTH~
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{~ereina(ter ca~~ec~ fhe morfgagee:
~ (Wben~Yr used Iwrnia tAe terms "morts~or•• agd ••mortRasee•• ioclude aU tAe Partia w Jw imwmt~t aad ~be Aein,
Ity~al reprcsenuti~*s and aa+i~ns o( indi~idwh, s~d tAe mcct~wn and assi~s~ o( earporuiws: and t6e urm ••aote••
{ iacludes all the ootef hereia described it more t6aa"oac.)
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I. ~ that or oocl and ~alun6le c~nnsideratior~.s, and also in considerntion o tl~e a
~ttnessetb, J 9 ~ g9.~-
fj gate sum namec~ in Ihe promissory note o~ even c1ale herewitl~, hereinajter descrtbed, t~e mortgagor here-
;I I?y ~Jmnfs, b~t!f{ni?~c, SpIIc, aliens, ?emises, rnnupye ~n.r rnn/irms ~~rtto t~e morfgagee aII fhe certain jnnci
il o~ wtiich fhe morfgagor is now seizec~ and in possession situute in S't. I,UC1E.' County.
F~oricta, niz:
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The South Three Quarters (S3/4) of the S1/2 of SW~ of SW~ of
ii Section 2, and the North Thirty-three (33) feet of the NW'~ of
I! NW'~ of Section 11, all in Township 34 South, Range 39 East,
i~ less and excepting all existing right of ways thereover for
electric transmission lines, public roads and drainage canals.
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THIS IS A PURCAASE MONEY MORRGAGE.
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' The Mortgagors covenant and agree that they will, at all times,
i; properly fertilize, cultivate, care for and maintain, in a
i; productive condition, all of the citrus grove now on said _
property in a husbandlike manner as citrus groves are generally (
! kept and maintained in St. Lucie County, Florida, and that it
; f! shall be lawful for the"Mortgagee, or her agents, to enter
; upon said property at all reasonable times during the continuance
~ ` of this security for the purpose of inspecting the condition
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~ And the Mortgagee covenan~s and agrees that after December 31,
1973, and while this mortgage and the note secured hereby are not
in default, the Mortgagortis shall have the right to first release th
S~ of N~ of S~ of SW~ of SW'~ of Section 2, Township 34 South, Range
` 39 East, upon payment of the sum of $15, 000.00, and thereafter to
release the N'~ of S~ of S~ of SW~ of SW~ of said section, township
~ and ran e u on
g p payment of a like sum. Such payments for release
of land shall be applied to the next maturing installments of
~ principal of the note secured by this mortgage.
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~ C~ ~ IN PlOfMEM~~~~ ~
~11l1618LE 19)1. (
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j~ qMPZER 71-134. ACjS OF ~I
RpGER PORR~S
CLER1l C~t ST. l1lCIE 00, ~
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go~ 221 P.,~:1~63
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