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HomeMy WebLinkAbout1227 . ~ . ~ ~Cnob~ ~[r ~iea ~p ~G~je~ce ~re~entg, 284090 gbnc. MurPt~y White D~iry; Inc. a( P81m BeBCh County. State of Florida, hereinafcer called the mortgagor, Nhich tam shallbe consvued to include the heirs, executors. adminisuaton~ successorsandassigns ofthe mortgagor as the oontext may require. do hereby grant, bargai~, sell and convey to John Hanoock Mutual Life Insur- ance Company~ a corporation aganized and existing under the laws of The Commonwealth of Massachusetcs~ having iu Home Offlce in Boston. Suffolk County. Massachusetcs~ hereinatcer called the matgagee~ which term shall be consaued to include che successors and assigns of the morcgagee a: the ooncext may require~ the fallowin described real esute with all buEldings and improvert?en~s now or hereaftez erected thereon. sltuated in LuCie County, State of Florida~ to wit; The West ],/2 of Section 23 and the West l,/2 of Section 26~ ToWnship 36 South, Range 37 East. All pu~ps, motors and pipes now placed or installed or hereafter placed or ir~ stalled by the mortgagor for irrigation purposes aryd/or ~,rater control on the aboqe described lands. Together with perpetual easement for ingress and egress over and across South 50' of the East 1/2 of Section 26 and South 50' of Section 25, all in Township 36 South, Range 37 East. ~w`lF.~ ~ ~ dF .rt / 8 ~ S ~'e~~ ~ ~v~ \~~~,,~q11~ ~~`S rJJ, ~ p~f. 0~ ~0 ~ _ ~ ~r7; .~',~„~-Q-, .c ~ a~' ~ t ~ h c ~u~ct~~~.~ ~ i I ' l ~ together with all and singular the easemena. tenemenu. hereditamenu. appurcenances and other righu and privilega thereunto belonging or in any wise now or hereafter appertaining. and the renu, issua and profiu checeot; and togethec with all apparatus and fixtures now or hereafter erected or placed upon said real estate or used in connection therewith. whether or not the same have or would become part of said real estate by attachment thereto. all of which shall be oonsidered as annexed to and forming a part of the freehold hereby morcgaged; all of che foregoing is hueinaiter ieferred to as the premises. TO HAVE AND TO HOLD the above granted premises to and to the use of [he morcgagee, iu successas and assigns. forever: Tt~ MORTGAGOR HEREBY COVENANTS with the mortgagee that the matgaga is indefeasibly seized of the premises in fee simple and has full power and lawfui right to sell and convey the same. that said premises are free and clear of all liens and encumbrances except as he~ein otherwise recited. and that the matgagoc will make and execute such further xuurances to perfect the fee simple tide to the premises in said mortgagee as may reasonably be required; and the mortgagor hereby fully warranu the title to said premises and covenanu to defend the same against the lawful claims and demands of all persons. ~ L' AND TI-IE MORTGAGOR HEREBY COVENANTS AND AGREES: ~ 1. That this mortgage is given to secure the perfamance and observance of the tecros. covenanu and ag~eements herein oontaine~ and the payment of an indebtedneu in the principal sum of ThZ'ee Hundred T~+enty- ~ usand 8n[i No l0U Dollars 329 000.00 with incerest thereon acoordin to the n3.neTho / (t ~ ) 8 terms of a cectain promissory note of even date herewith. executed and delivered by the mortgagor, payable A to the order of said john Hancock Mutual Life Insurance Company at iu Home Oftice in Boscon~ Massachusetts, or at such othu place as the mortgagee may from time to time duignate. with principal and interest to be paid as specified in said note, final payment of said principal and interesc~ if not sooner made. co be due and payable on the firn day of Jt11y . 1994 and with interest at 11.5 per centum per annum while any default exisu in making payment as aforesaid or in the performance or observance of any of the terms, cove- nanu or agreemenu oontaiaed herein or in said note or in any insuument now or hereafter evidencing or securing said indebtednest~ and that. while any such defaulc exiscs. che holder of said note may apply paymenu received on any amaunu due under said note a to fulfill any of the terms. covenanu or agreementx contained herein or in any insuument now or hereafter securing said indebcedness as said hoider may determine. ~r 7i~i~ ~ss S v s.. ~ ~p.c~~JVttl ~ + n Q I - ~i~ c ~ i ; ~ ~ t'~IGE~L~1G`~ _ /.tY ~ N Soeo...~sf 7 /E.4'C ? 7~~• ; m ~ - - __-l - "s, ~ - ; ~ ~ ~sF~ , b ~ € ~ . . ,