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S14E~46
11AMG0 FORM I~E6
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I:.recut~l th~ 15th
~Qy o! December, A. D. ~q80, 6y
WILLIAM H. WEST and NANCY WEST~ his wife,
hereinn~f~•r ra~~cK~ i~~e -norfguqor, to
HOWARD W. DUNN and SANDRA M, DUNN, his wife,
I~~reinaJl~~r rnII~~I fl~~ morf~a~~:
fN'6~r~~er u~ed herei~ tbe u~ms "tnurtRaRo~" an~! "mun[a~e" iarlude all the pulies to t-ia imtrumt~t asd lhe hein.
ktal rep~exuu~~.e~ a.Hl assi~m ot indi~iduals. and ~At •ucce.+.~n and ani~w u( capora~iaw: aad tAe ttrm "wtt••
~nrludn all the nutn 6e~ein Jrxn6ed iI mae Ihan u~. )
~itnesseth~ ~~1p~ j0~ Q~ QI1(~ I~AIl1A6Ip CO-1SI~P~q~/OtIS, Q/I~ Q~O lR consideration of the Uf/9fB
(~tl~P 511--1 -1Q/l1Pl~ 111 1{~e promissory /IO~P OJ PI~PI! ~q~R j~eretvilli, h~rninaJ~P~ desc~i6ed, ~IIP morfgagor ~pte-
~,y granls, tiarf~ains, s~~~s. a~iens, rPmises, conneys anc~ con~irms ~mto t~~e mortgagee al~ Ihe certain ~and
o~ iatiic~i Ih~ morfc~a~or is now spiz~c~ ancr in possession siluafe in St . Lueie County.
~'~o-i~a. t~iz:
The South 1/2 of the North 1/2 of the Southwest 1/4 of Section
24, Township 35 South, Range 38 East;
LESS AND EXCEPT rights of way for public roads and drainage
canals.
TOGETHER with the 1980-81 citrus crop and all future citrus crops
on the above land. -
THIS IS A PURCHASE MONEY MORTGAGE
CULTIVATION CLAUSE: And the said Mortgagor further covenants and
agrees ~or so long as all, or any part of the indebtedness secured
hereby remains unpaid to preserve, maintain and care for the
citrus groves upon the above described premises, such care and
maintenance to include cultivating. spraying, dusting, pruning,
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 manner and in accordance with approved
methods of grove culture. Upon failure of the mortgagor to fully
comply with any or all of the provisions of the above covenants~
Mortgagee, in addition to all other rights and remedies for
breach of covenants in this mortgage contained, and in addition
to the right hereby expressly given to declare a default upon the
breach of any such covenant, may, at their option, take such
action as is necessary to preserve, maintain and care for such
premises, for so long as all or any part of the indebtedness
secured hereby is unpaid, and any reasonable expense incurred in
so doing shall become part of the indebtedness secured hereby and
shall become immediately due and payable and shall bear interest
at the rate provided herein for matured obligations; provided,
however, it is expressly understood and agreed that Mortgagee is
under no obligation to do so, except at their own election~ and
failure on the part of Mortgagee to take any action hereunder
shall not constitute a waiver of further breaches of such covenants;
and Mortgagee is hereby given full rights of ingress and egress
in order to preserve, maintain and care for the above premises.
-•.:, s jS~,.S~U IN PA='s'f1fT QF TRXE'~ '~
`:' ~; 'C' i:?Txi` =:3:E F.~ :. '.t F"~,-E2TY,
.:{i TO L~{.'."ri~v 7t-334, I.~TS Of U71.
C;,G~R PLIT?,AS ~,, ' -
: ~K U.;;.UT G~O~. ST. WGE C0, fLA.~
~3~45 Pa~E 28