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F.xeculed ~he 1Sth day o/ Julq ~ A. D. 1S117 by
TROY E. IrpODY RAIV(7i, IIVC. ,
a cusporaiion ext~tt?~~ u?ic~er ihe Iaws o/ the St~te c~f Flarida , nnc~ ~avinA ifs principa~ p~nce oj
b~ui~~ess at 2004 14th Avenue, Vero Beach, Florida
hereina(fer callecl tl~e morlgagor, fo
FIRST CITRUS BANK OF INDIAN RIVER CaII~tTY
a corporalion exisiing under the ~aws o~ f~e $tate ol Florida . wil~i ifs permanenf poslo(jice
addrpss Qr P. 0. Box 1269, Vero Beach, Florida 32960 .
tiereina~fer callecl fl~e morlgaflee:
(N'here~~n u~ed Aercin ~be term~ "mor1Rs~or aod "mo~tRa~e" iocludr all tAe puties ~o t6is imaumeat and t6e hein.
le~al repreunwi~es a~d assi~m of iadi~iduals aad ~Ae rurresson and a~+i~m of corporatioas: aed ~be term `•nute••
~ iacludes dl t4e ootn A'reia dexrib~d i( mwr t6ae oee.)
~~lll~elll~ lhnt Jor goocl an~ valun6le considerafions, and also in consideralion o~ 1he af~gre-
~~l gate sum nam~ in ttie promissory nofe oj euen c~afe hereu~ilh, hereinaffe? descri6ed, f{~e morlnagor here-
by c~mnfs, 6argains, se~~s, a:iens, remises, conveys anc~ conjirms unlo f~e morfgaflee a~~ fhe cerlain ~mul
C~ o~ u~J~ic~ 1{~e mort~agor is nou~ seize~ an~ in possession siluate in $t. j,uClg L~ounly,
~ Floric~a, viz:
6~ ~ '
~ The W~ of the IVW~ of the SW~ of Sectio~ 17; the I~ of the SF}E of
~ ~ ( Section 18, all in Tawnship 36 South, Range 39 East.
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~ ~ Excepting those parts thereof vwned of-record by the North St. Lucie
~ River Drainage District and excepting rights-of-way of record.
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Subject to all easements, restrictions, reservatians and cwenants
, ~I of record.
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~ CULTNATI~1 CLAUSE:
~ ~ i e sai mortgagor further covenants and agrees for so long as all, or
+ any part of the indebtedness secured hereby remains impaid to preserve,
~ E maintain and care for the citnis groves upon the above described premises, ~
such care and maintenance to includ~e cultivating, spraying, dusting,
pnming, fertilizing, watering, protection against damage by frost and
fire, marketing of crops and replanting of trees when needed, all to be
' done in a husband-like mazmer and in accordance with appraved methods of
i ~ grove culture, provided further that upon the failure of the mortgagor
~ to fully comply with any or all of the provisians of the above covenants,
~ the holder of the indebtedness secured hereby, in addition to all their
~ other rights and remedies for breach of covenants in this mortgage
I contained, and in addition to their right hereby expressly given, to
{ declare upon the breach of any such covenant, may, at their option, take
~ such action as they deem ne:.essary to preserve, maintain and care for such
premises, for so long as all or any part of the indebtedness secured hereby
is tmpaid, and any reasonable expense incurred by them in so doing shall
become part of the indebtedness secured hereby and shall become imnediately
due and payable and shall bear interest at the rate provided herein for
matured obligations, however, it is expressly i.mderstood and agreed that
~ the holder of such indebtedness is i.mder no obligation to so do, except
at their own election, and failure on the part of such holder to take arry
' action hereimder shall not constitute a waiver of further breaches of such
~ covenants; and said holder of such indebtedness is hereby given full
~ rights of ingress and egress to the premises securing this loan in order
to preserve, maintain and care for the premises securing this loan.
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~ TATE ~F F L U~ i!~i i;~ ~ACU?r T~~ ~s,~.
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