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V
M O R T G A G E~
Executed this 1~ day of August. 1979, by:
BvRNAC PRODUCE, INC.
a Florida corporation.
whose mailing address is Acute 3, Box 456, Peacock Arad, Fort
Pierce, Florida 33450, hereinafter called "Mortgagor", which term
as used herein in every instance shall include Mortgagor's
successors, legal representatives and permitted assigns, including
all subsequent grantees, either voluntary by act of the parties or
involuntary by operation of law, to:
1`HB MERCANTILE BANK OF CANADA
a bank chartered under the Bank Act of Canada
having ~an office in the City of Zbronto,
hereinafter whose mailing address is 120 Adelaide Street West,
Toronto, Ontario, Canada MSH 1T2 called "Mortgagee", which term as
used herein in every instance shall include. Mortgagee's
successors, legal representatives and assigns, including all
subsequent assignees, either voluntary by act of the parties or
involuntary by operation of law.
- WITNESSETEi:
Granting Clause
That for divers good and valuable consideration, and to
secure th_e payment of an indebtedness of TWO MILLION FIVE HUNDRED
~ THOUSAND DOLLARS (52,500,000.00), lawful money of the united
States of America, which sum is to be pa id with interest thereon,
according to a certain Promissory Note of even date herewith
~ executed by Mortgagor to the order of Mortgagee, a copy of which
is attached hereto and made apart hereof as Exhibit "A",
- Mortgagor does grant, bargain, sell, alien, remise,. release,
convey, assign, transfer, mortgage, hypothecate, pledge, deliver,
- set over, warrant and confirm unto Mortgagee, its successors and
assigns, Mortgagor's fee simple interest in the lands and
properties in St. Lucie County, Florida particularly described in
`'Exhibit "B", attached hereto. and made apart hereof, of which
Mortgagor is now seized and- possessed, together with alI buildings
and improvements now or hereafter situate upon said property and
all fixtures, equipment, and other personal property now or -
hereafter located fn the buildings and improvements on said
property t all of which is hereafter referred to as "the
Premises". -
Together with the following property and rights
(a) All easements, rights of way, gores of land,
streets, ways, alleys, passages, sewer rights, waters,-water .
courses, water rights and powers, and all estates, rights, titles,
interests, privileges, tenements, hereditaments, and. appurtenances
whatsoever, in any way belonging, relating or-appertaining to any
of the properties hereinabove described, or which hereafter, shall
in any way belong, relate or be appurtenant thereto, whether now
' owned or hereafter acquired by Mortgagor, and the reversion and
reversions, remainder and remainders, rents, issues, proceeds and
prof its thereof , and all of the estate, right, tf tle, interest,
property, possession, claim and demand whatsoever at law, as well
as in equity, of .Mortgagor, of, in and to the same.
:acs-~.~o m Mr~rt a Tins
This Instrument was aa~ o~ a~?as mitt
1. Prepared bys ~u~su~t to cw?rTa n•~ ~cTS ~ tu1,
~~~rh Paul W. A. Courtnell , Jr . ~ j
Gunster, Moakley, Criser, ~t BMDR sMIR 8L YIt ,
Stewart i Hersey, P.A. ; `rte
First National Bank Building
Palm Beach, Florida 33480
~~~K 314 PaGE
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