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Home My WebLink About0750 ~ - - ~ . 1(a). This u?ortgage is expressly intended to encumber ail citrus crops growin ~ ; or to be grown on the above described real ro g p perty. j I 2. To pay a!l and singula~ the taxes, assesarr~enta,~ jevies, [iabilities, obltgatiorea and incum- . ~ 6rances oj every nature on sald cjesct~betl prope~ty eac~i a?u~ every, and i~ the same 6e not promptly ' ~ paid the said Mortgagee, its successora. lega~ repreaentatives o~ asstgns~ may at any time pay the same without walutng or al~ecting t~te option to (orec~ose o~ any t~tgj~t hereunc~er. and every puy- ~ ~ ment so macle s{~all 6ear iRterest ~~om the clate thereo` at t~e rate o` 10 pe~ cent. pe~ annum. ~ ~ 3. To pay al~ and singula~ the costs, cha~iges ~nd~expenses, ir?icluding la~vyer's ~ees, reasonably ~ incur~ed nr paid at any time 6y said Mortgagee, its successora. Iegpj representatfves or assigns~ be- ( cause of the jai~ure on the pa~t o` the said Mort agor, ita successors. ~egal representatives or ossigns. ~ i to per~orm, comply witF~ and a6ide 6y each an~every the aNpulaKons. agreements, conditions and ~ i i covenants o~ said promissory note and rT~s de6d, o~ either, and every suc~ payment shall 5ear . ~ ~ interest f rom cjate at the rate o~ 10 per cent. pcsr annum. 3 i i 4. To keep tjie 6uildings now or hereajte~ on said land insured in a sum not Iess than ~ F full insurable value ~o~m~t, in a company or companies to lie approved b Y i said Martgagee, and the policy or Policies held by a.~d ~yablg to said Mortgagee, its successors, ; legnl repre~entatives or assigns, and in tjte event any aum of money 6ecomes payable under such , r pojicy or pol~cies. the Mortgagee. its successors. legal repreaentatives or assigns. s~j liave ihe # ; ~ option to receive and apply the same on account oj t~e i?u~ebtednesa hereby secured~ o~ to permil z ~ ~ the Morigagor to receive and use it, or any part t~eereof . f o~ otjter purposes. witliout t~iereby waiv- ; ing or impairing any equity jien o~ right unde~ or by virtue of t~3s r?eortgage. anc~ may pjace anc~ ; pay f or such insurance or any part thereo`, wit~wut waivin or a f jecting the option to f orecjose or ~ 1 any right hereunc~er anc~ ench anc~ every suc~ payment slw~ 6ear interest jrom c~ate at t~ie rnte oj ~ i i ' 10 per cent. per anrtum. ~ ~ , S. To com?nit, permit or su er no waste~ im air?nent o~ , ff p deterioration of said property or an~ ~ part thereof. ; ; 6. To perjorm, comply with and abide by eacl~ and every the stipulations, agreementa, condi- ; ~ ~ ? tions and covenants in said promissory note and in this c~eed set ~orth. ~ , _ , ; j 7. jj any of satd sums of money herein re~errec~ to be not promptly anc~ fuj~y paicl witliin ' j ten (10 ) daya next a{ter the same severally become due and payable o~ if each and every the ~ ~ ~ ! stipulations. agTeements, conditions anc~ covenants of said promissory note aru.~ this c~eed, or ` ' ~ eitlier, are not duIy perEormed, cor+iplied wit~ and a6ide~ 6y, ihe said aggregate sum mentioned in ~ ~ an3 al ot sums adv nced tp ~1 aq gre te s~,t m of $6 , Q00.00 = ! ` said promissory note ~ sf~a~~ecorne due an~ payab~e~orthwfh or "fFierea~ter at the option o~ fhe ~ ! Mortgagee, its successors. legal representatives o~ assigns..as f ully and completely as i` t~e said ng- ~ ~ ' gregate sum oj up ~o Sixt~ Thousand ($60,000.00) doil~s ~ # ; was originally stipulated to be paid on such day, -anything in saic~ promissory rwte or herein to • the contrary notwithstanding. 8. The mortgagors expressly agree not to increase the indebtedness of any prior ~ ; existing or subsequent mortgage enc~unbering the aforementioned real property as lonq as ~ ~ : the indebtedness reflec ` ~ ' herei~ S~hal~ ~emain ~~~11~~1 ~~L~ the saic~ party of t~ie f irst part ~tas cauaec~ t~ese ; ! unpai n w o e or part. . ~ presents to be signed in its rwme by its President, ~ ' (Corporate artc~ its corporate sea~ to 6e a~fixec~, attested by its ~ ~ a ~ Z_i~i~ ~ . Seal) ; ~ ~ ~ p°"~ ~~J • the clay anc~ year abone written. ~ ~ ~ ' ~ > . a - - ' ~ Secretary FOUR T GROVES, INC. ~ g ~ s . ~ ~ ' ~ Signed, sealed arid delivered in our presence ~ ~ ~ By~- ~ a ~ ~ y PrQSident. ~ ~ - , ~ ~ ~ ~ ; o<< ; ~~~~~1 f~~ ~ , _ ~ , . - - .:T:~ ~ z~~.; ~ • - - _ x - - : ' ' -