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4308f6 13l
S'TATB OF FLO)~IDA
co~? ~ .-s.~...~,...u.~~[~.... M O RTG AG E
THIS MOBTGAGB DE®, made tbe t~'...................day of..............J.a..?:t>I~x~r.............t97~... between
IDEAL HOLDING COMPANY, a Florida corporation,
whose pat office address is...P.....0....D2ra~lete~:..~Q2~...FQxt..1?ie~~>r.,...ElV2:xda..-..3.34aQ _
and aU other persons esecutiag thin mortgage, hereinafter called "mortgagor;' and ~.Tkte.Et~uitah].e..Lif~e
Assuxanse,Snciet~C..af..Lhe.. ilz~i tad. Slat~~
a corporation, organized sad ezisting under the laws of.....N.~W.. YQr.I~
having its principal o6~te and post office address st 1285 Avenue of the Americas, Nees York, New? York 10019 hereinafter
..~g~..:
W1Zr1B.S.SBTH, WHEREAS, the mortgagor is justly iadebted M the mortgages in the sum of
...~h?is~e..~u}ldred..~ifty.. Thousand and... no/ 100...".........'..........'........-.......
DoWrs (=.3 `~aQ.. Qf1Q.....), and has topay the same with interest thereon urnrding to the terms of a certain note or
obligation bearing even date herewroviding for the payment thereof in instalments, the last of which is due and
G payable the first day oE........J.u.1,y t9. ~ 7..
~ ~ NOW, THEREFORE, in consideration of said indebtedness, and for the purposes of soaring the payment to the
,~`1 mortgagee of the. same, and to sauce the ppeerformance of the covenants and agreements hereinafter expressed and also
in ooasideratioa of oae dollar in hand paid by the mortgagee, the raeipt whereof is hereby acknowledged, the mortgagor
has granted, bargained, sold and conveyed unto the mortgagee. and its successors and assigns, the following desrn real
estate, containing ..~fia`..5. aces, more or less. situate in the County of:...........St.....I..liGl~ and State of Florida,
descrrbed a: follows:
Blocks 18, 19 and 20, AGRICULTURAL PLAT OF FLORIDA MAID CITRUS
GROVE, a/k/a AGRICULTURAL PLAT OF FLORIDA MAID CITRUS GROVE,
~ ~ a/k/a AGRICULTURAL PLAT OF FLORIDA MAID CITRUS GROVE, according
to the plat thereof, as recorded in Plat Book 13, page 1, of the public records
m of St. Lucie County, Florida. TOGETHER WITH right of way for ingress and
- ~ .egress to said lands from Minute Maid Road as in O. R. Book 69, page 2, and
~ ° ~ ~ , O. R. Book 39, page 339, thence North along the East line of Sections 30,19,18,
e ~ ~ ~ ~ ?and 6 of Township 34 South, Range 38 East. ALSO: Easements for irrigation
~ o o and drainage as particularly described in O. R. Book 91, pages 368, 385 and 389,
Q ~ 3 of the public records of St. Lucie County, Florida.
~``i, g
~ ~ ~ ~ vs ALSO: 1 Worthington 15" turbine pump Serial No. VTP-15494 and US -Motor
- a o t; 100 H. P, electric motor Serial No. 1355360; Worthington 15" turbine pump
t 1 ~ t or ~ Serial No. VTP-15495 and U. S. Motor 100 H. P, electric motor Serial No.
~ c ~ 1355362 and all underground irrigation pipes and risers.
~ ; OThis mortgage and the debt secured thereby is subject and subordinate only to
3 a ~a mortgage assumed by mortgagor encumbering the identically above described
o ~ cereal and personal property which mortgage is for the sum of $550, 000.00,
dated June 30, 1977,- recorded in O. R. Book 270, page 1941 from Paul H. Leff-
mann and wife to the mortgagee hereunder.
TO HAVE AND'PO HOLD the same, together with all and singular the tenements, hereditunents and appurtenances
thereof, including all 5:tures now or at any bane hereafter attached to or used_ in any way in connation with the use, opea-
lion and oecapahon of said premises together with all the estate, right, tick, interest, property, possession, cbtim and demand
whatsoever as well in law as in equity of the said mortgagor of, in and to the sane and every put thereof unto the said mort-
- gages sad its succeswn and asagns forever. Provided always, and this mortgage is upon this express condition, that iE
mortgagor shall pay the Hobe or obG heceinbefore referred to and the indebtedness evidenced thereby, and all other
snms setinred by th,s mortgage, and 1 fully do, perform, comply with, and abide by all the covenants and agreements of
said note and tlhis .mortgage, then these presents shall be void, and the estate hereby cod shall cease and deterrttine, and
the mortgagee will ezecvbe and deliver to the mortgagor a suitable instrument to ethe wortgagor to cause this instru-
went bo &_dtscharged of raord. It is agreed, however, that all expenses incurred in effecting snch discharge shall be home
by mortgagor. ~~~DI (S(o~
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