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° Execu~e~l the 20th dny o/ D@CembeL~ A. D. 19 74 6y
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E"~ DAVID L. WALRER anc~ ~OHN S. BRUMBACR, JR. , as ten,ants in
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N~~ hereina(ter ca[led the mortgagor, to JOSEPH W. GUETTL$R and FRANCES A. GUSTTI.SR~ h
~ wife, as to an undivided 285-10/12 interest; L$ANDER H. NOELRE and ,
1 MARY E. NOELK$, his wife, as to an undivided 102-1/12 interest= and '
. CECIL M. PRUITT and C~CILIA G. PRUITT, his wife, as to an undivided '
' I~ereina(ter cal~ed the morlgagee: ZO2-1~12 interest ~
1Nhemer u~ed 6ercia tbe te~af "~~s~•• ~••~~sasee" i~clude all t1c y~rtiea to t?i~ iastc»me~t ud ~Ys ?ein. ~
IeRal reprexnnti~~ea aod ari`m o( iadividuah. ud tMe wcce+~ors aa1 asi~ws ot corpo~~tiod: ud t?e ter~ '•wte••
irrludes all tbe waes hereiw de+criE[d it mo~e thaw oae.) ~
~ ~~t~s~~ tl~nt Jor good and vnluable rnnside?alioru, and also in co?uiderotion oJ the aggre-
I~ gate sum namec~ in !he promissory note o~ even dnte herewith. hereina(fsr t~escri~, the mortgagw hese-
6y Q.nn~s. 6argains, sells, aliens, remises, conveys and confirms unto the morfgagee nll tF~e ce?totn land
o~ whic~ the morlgagor is now seizec~ anc~ in po~session siluate in St. Ltl~l~~ Cuunty.
f'~oric~a. niz:
The West 1/2 of the SE 1/4 of Section 24, Township ~
35 South, Itanqe 38 East.
THIS IS A PURCHASE MONEY MORTGAGE.
Mortgagor covenants and agrees that he will at all times
~properly fertilize, spray, water and irriqate, cultivate,
~~care for and maintain in a productive condition all of the grove._ -
~~now on said property, or hereafter planted thereon, in a husbandlike
;manner as said groves are usually kept in St. Lucie County,
~ Florida , and it shall be lawful for the Mortgaqee, their heirs ,
successors, and assigns, at all times duiring the continuance
~Eof this security instrument to enter upon said premises for
~the purpose of inspecting the condition of said groves. The
' ~pruning, hedging or replacement of citrus trees shall not be
,considered waste under the mortqage and the mortgagor shall have
~ s full authority to rem~ve and replace citrus trees at any time.
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•The failure to maintain the grove encumbered by the mortgage in
~ iaccordance with the standard set forth in this paragraph shall
~constitute a default in the mortgage if such default continues
`ifor thirty (30) days after written notice from Mortgagee to Mort-
~ ~I gagor .
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jlIn the event this mortgage shall beco~ in default under any provisio s
i; contained herein for more than thirty 30 ) days af ter written
!~notice thereof has been provided by Mortgagee to Mortgagor, Mortgagee
~~shall have the right to have a receiver appointed to assure that
;;Mortgagee will from that point thereafter be entitled to receive ~
i;the net proceeds of the sale of all f=uit harvested from the groves
I;on the encumbered property, to cure the default.
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