HomeMy WebLinkAbout1661 _ 2'76103 ~ ~ L°~~v No.
10225-MS
~LO~IDA MORTGAGE
i7~I8 INDBNTURS OF MOR7~GAGlr~, Made February 11, 1974 by sad bKweea
MILL-RACT PROPERTIES, a qeneral partnership under the laws
of the State of Florida
Qq~~, Stats oi Florida. berein ealled "Mortgsgor", aad THE 3dUTUAL LIFE IN3URANCE COl[PANY OF NEW
YORB. a New Yorlc oorpontion. havin~ its Hane Otiice at 1?~/0 Broadway. New York. Naw York. 6erein called
«~o~~"~
WH~RSAS. l[ort~a~or is jnatly fndebted to MortQsges in ths principal enm oi TWO HUNDRED
SIXTY THOUSAND AND 00/100-----------------------DoAus(=260,000.00 ).a~
has agreed to psy the same with intereat thereon acaording to tbe terms a? s promissory note of evea dste larew3tb.
in inatalmenta, t2~e lsat oi whicl~ ie dne and payable on tt?e firat day oi OCtObE:I' 1~ 98 , wLieh
is ths final matadty date of tbis mort~a~e~ -
NOW~ TN1sRl~FORB. thia indenture WITN1~SSl~TH: That Mort~agos, in order to ~ecure said indebLednea and
any fnture indebtednesa or lisbility due or to become dua Mortgagee by Mortgsgor. as provided herein, and tbs per-
iormance oi the agrcemente. oovenants snd oonditioni berein contained~ and Rlao ior and in coneidention o! the saa~
of One Dollar (=1.00) paid by Mortgagee to Mortgagor~ receipt w6ereof ip hereby aclmowled~ed, has ~rsnted. bar~ain-
ed. sold and conveyed and dcea by Lhese presenta gran~ barQain~ aell and convey nnto ldortga~ee Rll of tbe nal properl,y
bereinafter eslled "Mort~a~ed Premisee" lyin~~ beine snd situated in the Conntq oi St. Lucie,
State o! Florida. described as loUows:
The Southwest one-quarter of Section 5, Township 36 South, ~
Range 39 East, LESS all rights-of-way for drainage canals
and public roads, consisting of one hundred sixty acres
more or less.
ALSO: Al1 crops now growing or hereafter qrown on the.
property described above, including, without -
limitation, citrus crops. '
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~ a PII~'~f 10 CFIAP?EII 11-134. ACP: Oi IY/L m ~ ~
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TOGETHES WITH all fizttires and sll bnildinga, improvementa, irrigation and drainage eqnipment (ezelnuive oi
_ portable pipe and fittinga and nnmounted pnmps) now or heresiter locsted on the premiaea, which are hereby decLred ;
- to be iiztnn~s, and sll renewsls~ repiacementa and additione to suc6 firtnres. snd all the renta, inoome~ issnea, proceeds,
pradnce and profib a~ and trom tbe l~ortgaged Premisea, together with sll the reversions, remsinders. ways, ease-
_ menta, servitndes, atreets. PaaaaBea. nShts~ Pnvileges, Lnds, tenementa, hereditamenta and sppnrtenances thereimto
belonging or in sny wise appertainine~ includin~ apecifically and not by wsy of limitstion, sll water, zipuisn, irrigstion
and drsina~ righta, and oil~ gas and mineral righh and royaltie~. -
;3 TOGETHEIi WITA aU judgmeats~ awasda oi damagea and settlemenb hereafter made as a resnlt oz in lien o! any
takin~ oi tbe premises or sny pszt tbereoi nnder the power oi eminent domsin, or for sny dana~ge (wbetber cansed
- by snch ta~cin` os otberwi~e) to tbe premises or tbe improvementa tbereo~ or any p~rt
- - TFfIS-TFISTRUStENT WAS PREPAREO
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IJ, r-_~ ~z~ fn~E~sfy ~ A9p ~HOCLD BE PETUPNCD TO
~ ~IVV ANDERSO~•J & RUSH
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