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HomeMy WebLinkAbout1505 1 +t~ i +j , ~o #laue nnd to ~iold , I~~r s~~m~, lu~~~~t~~rr u~it1~ t~~p fenNntrr~ta, ~~r~~~ ilumrnls un~ uppurlr ~~anrrs Il~~~?r/o ~u~jvru~in~~. pr~r~ f~i~ mnls. issu~~s un~~ pro~ifs t~?erPUj. tu~tu f~~~ morfgagep. in JPr simp~v. i ~1`~ 1~~~~ murl~~n~~o~ ru~~i•npnls u~il~~ fl~r murlffnf~ee I~iaf I~~n morfgagur is indefeasi~>~y seizcKr oJ suid ~ ~un<< in fi~~ sirnp~~~: l~u~l l~~~ mo?I~a{~or ~~as ~ooc~ ri~hf an~~ ~nur~~i~ aulhorily to conrey sai~I Ian~I aa a~ore- ~ soi~~: 1~~~1 Ilc~ mort{~a{~vr u~il~ makp suc{~ (u~?Erer assurances lo ~erjpct t~e'PP simp~e te1~e lo sai~ ~nnc~ ir~ Ihe ; . ~norl~~a~~i~~ as mny rc~asoria~~~y he r~quir~ir: I~ai f~ie morl~agor here6y ~u~~y u~arrnnls fhp tit~e fo sai~ ~an~ ~ cn~~l u~i11 d~Je~ii~l 11~~~ som~• a~ains! Il~a 1au~~ul claims o~ aIJ pprso~~s whomsoPVerc and t~nt said ~anc~ is ~ree j ~ ~„d ~•1~~~< ~It ~~~~~~mb.~~~.•~: except taxes accruinq subsequent to December 31 j 1972. ~I ' ~ For so long as any part of the indebtedness secured by this mort- ;i gage shall remain unpaid, the mortgaqor agrees to maintain and care~ for the citrus trees and crops located or grown on the mortgaged , i property. such maintenance and care to include cultivating, 4 ,i spraying, dusting, pruning, fertilizing, irrigating and protecting ; the trees and crops against damage by freezing and fire, all~to be i done in a good and husbandlike manner and in accordance with stan- ; dard mzthods of citrus grove caretaking generally recognized, ~ accepted and in use for citrus groves located in the vicinity of ~ the mortgaged property. ~ ; ~ . ! ~rou~ded ~lways, 1{~al i~ sai~ morfgagor sI~aII pop unto saic~ ?nortgagee the certain pro?nis- ' ' sory nole {~~reinajf~r su~slaniia~~y ropie~ or itjpnti~it~. !o-wif: ~ 2 'r ~ ~ f 75.000.00 Fort Pierte, Florida i,~gf~~f'~A~~~, 19_ _AS SPECIFIED BELOW 2fter date, I, we or either of us promise to pay to the order of `G. F. WARD and MARY E. WARp, hie wit'e, SEVENTY FIVE THOUSAND and no 100-_---------- ppLlARS For value received, payabfe at ___p03t_ Of~~C@._SOX 8~_^__,~ _ Avon Park, Florida With interest date frc,m ai the rate of per cent per annum until pa~~; interest p~yabte~.g gpsei~iea b@lOW If defautt ~a made in any payment when due snd cont:nues for 30 days, then ~t ~he option oi r:~e holder, and without ~ny othe~ no?ice, all the ~cma~ning balance shali be due and payable st once. And e~ch of us whether mticer, gvs~antor o~ endorur, hereby severally waives ~nd renounces ~ny and all homeste+d exemption rights we may have under the Constitution or isws of the S~ate of flor~da, o~ any other $~ate a Un~ted Statcs, as against th;s note; snd each further waives demand, notice of non-payment snd protest, and ~n evem ~t beco~es necessary ro co~ied thia note through an atrwrrey, agrees to pay •N costs of collect;on, inctuding reasonable attorney's fee. Thif note msy be prcp~id in whole w in part at any rime w~thout penatty. All svms in defoult sholl L+eoi intet~t ot 10% per annum. Intereet on the v~npaid principal balance shall be payable annually. Principal ehall be payable as lolloars: Six (6) equal annual installments of $10,71~.26 each commencinq four (4) yeara trom the date hereof and one (1) installment ot $10,714.32 tea (10) yeara tra~ the date hereot. $112.50 docwnentary stamps affixed to the original note and cancelled. ~ . ~ ; a c . n9 1 No. Due SEAI { e0~ PaCf ~I~ ~ilda M. Lonq I