HomeMy WebLinkAbout0690 ~ ~ o~ 1
" ' 1 F lorida Farm ;
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This Mortgage Deed~ made this lst day of October 19 ~6
bY ADAMS RANCH, INC., a Florida corporation, ;
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of St . LuCie County. a~d State of Florida, hereinafter called the mortgagor. to ~
• THE TRAVELEkS INSURANCE CO\~IPANY ~
a corporation organized and existing under the laws of thc State ot Connecticut and having its principa! ofiSce at '
700 ~tain Street in the City o( Hartford~ County oi Hartford. and State of Connecticut. hereina(tec called the !
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mort~agc~c. t
Witnesseth: That the mortgagor. (or and in consideration of a loan of money in the principal sum stat~~d in the ~
promissory note hereinafter described, and other valuable rnnsiderations, receipt whereol is he~eby acknowledged, ;
does hereby ~r:~nt, bar~;ain, sell. alien, remise, release, convey and confirm unto the mortRa~ee, in fce simple. all
those certain lands. of which the mortgagor is now seized and possessed, hereina(ter called the premises, s~tuate,
lying and hein~; in the C'ounty o[ St. LuCie . and State of Florida descr)'~ as follows: /
Ar~ tiA:~tNt w oZ/.~1 ~-/f/ - ~UG/- O D~) 7
us~ on~r y-/// - c~ GG/ G d D/G
All of Sections 28, 29, 30, 31, 32 and 33, in Township 35 South,
Range 37 East (hereinafter referred to as "Mo~r,tg3aged Premises")oov~~
/i/ o no /
SUBJECT TO a non-exclusive easement for drain~e-faci'~~ities o~ero ~p G
a strip of land 50 feet wide, the center line of which strip is
the Section line common to Sections 28, 29, 30, 31, 32 and 33,
in Township 35 South, ~tange 37 East. ~/33 000/- O 8D 3
TOGETHER WITH a non-exclusive drainage easement from Canal C-24
to above mortgaged premises over the South 25 feet of Sections
29 and 30, Township_35 South, Range 38 East, and the South 25
feet of Sections 25, 26 and 27, of Township 35 South, Range 37
East, and the North 25 feet of Sections 32 and 3I, Townsnip 37
South, Range 38 East, and the North 25 feet of Sections 36, 35
and 34, of Township 35 South, Range 37 East.
ALSO:
TOGETHER WITH a non-exclusive easement for ingress and egress
from the above described mortgaged premises to State R~oad 70 over
and across the East 100 feet of Section 4 and the East 100 feet
of that part of Section 9 lying North of State RQad 70, all
being in Tawnship 36 South, Range 37 East. RE~~~o s~?oe. oa ~-•,r ~E _y
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~BE~ 10(1 Rl?-t
f A. WG1E COy FLL
~ together with all and singular the rights therein. fixtures thcreon and appurtenances thereunto belonging, wheiher
now or hereafter acquired, which shall include~ without limiting the generality of the foregoing, the following:
f All rents, issues and profits, including all rents, royalties, bonuses and benefits under any existing
f or future oil, gas or mineral or other leases; all easements or righis of way; and all water rights.
and
All improvements of any kind or description, including ait buildings, and the plumbing, heating~
venti(ating and lighting systems and equipment therein ; all barn eyuipment; all fences and gates;
and all pumps, pumping stations, motors, switch boxes and transformers, engines, machinery~
tanks. reservoirs. pipes. Aumes or ot~?er equipment used for the production of water on the
premises or for the irrigation or drainage thcreof, and
All timber now or hereafter standing or growing on the premises.
To Have and to Hold the same, together with all and singular the tenements, hereditaments and appurte-
nances thereunto belonginR or appertaining, and the reversion and reversions, remainder and remainders, rents,
issues and profits thereof, and all the estate. riRht, title. interest, homestead, dower, right of doW er. separate
~state, property, possession, claim and demand whatsoever in law and in equity of the mortgagor in and to the
premises and evcry part and ~~?rccl thercof unto the mortgagee, in iee simple, forever.
~1nd the mortgagor does hereby covenant with the mortgagee and with any purchaser at foreclosure sale here-
a under that the mortgagor is indefeasibly seized of the prem~ses, in fee simple, and has full power and lawful right
~ to convey the same as afores~lid, and that it shall be lawful for the mortgagee at all times hereafter peaceably and
quietly to enter upon, hold, occupy and enjoy thc premis~s and evcry part thereof; and that the premises and every
part theceof is Iree from all encumbrances; and that the mortgagor H ill rreake such other and further assurances
to perfect the fee simple title to the premises in the mortgagee or in~3aid purchaser at foreclosure sale hereunder,
as may herca(ter reasonably be requ~red; and that the mortgagor does hereby fully warrant the title to the prem-
ises and every part thereof and will defend the same against the lawful claims of aU persons whomsoever.
Provided Always, and these presents are upon the express condition that if the mortgagor shall pay to the
g mortgagec that certa~n.promissory note of even date herewith, payable to the ord r of the mortgagee, in the prin• ~
ci~l sum of One ~iillion one Hundred Thousand and No/10~ - - -
~ - - - - - - - - - - - - ' _ ' - ' ' ' - ' Dollar$ i 1,100, 000.00
together with all interest thereon, with final payment due OCtObel' 1 , 19y~, and with principal and
interest payaLle on thederms and at the rate provided therein; and all renewals, extensions or modificatwns of
said note; and shall dul_v, promptly and fully perform, discharge, execute, efiect, complete. comply with and abide
~ by cach and every eovenant, agreement, obligation~ condition and stipulation of said promissory note and of this
~ mortgagr dec~cf, cach and evcry. then this mortgage and the estate hereby created shall cease and be null and void.
And the mortgagor dces hereby rnvenant and agree with the mortgagee, as follows s
~ 1. To pay all of the said sums o( money, both priecipal and interest, specified in said note at the times
therein designated.
(Over) f ~ . ~ ~U F'~~,i ~ ~.J