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HomeMy WebLinkAbout0089 • C:~RLTO\'~ \1cL;11N G ti ItL "1'ON ~ B RENPIA 2V j • • . 1'. O. Box 37i S) Fort Piec~;c, Florid:i ~ 1. ~i. ~AY ~UllBER ~ ~ ~ , ~ . ~ _ ~ ) ~ ~ ~ ~ : . ~ j,. ` c r - , , ~ ~It31'lt~~. ~Ol'~ A E' ~ : % f,e. • f g g ~ \ TllIS INDENTUgE, niado thi~ 28th day of Decereber A. D. 19 65 , by ar,d beiwcx~n ; ~ RU-riAR, INC. ~ a ~'lorida corporation ; of the County of St. L1iC~8 , in the 8tate ot Florida, rlortgagor, and heroinafter so dc~signst~, aud . TH~ PRUDENTIAL INSU'RAI~iGF COh~AttY OF AM~tICA ~ . ~ a aorporstian of the 3tatc~ of NeK Jersey having ita ~rinoipal otgoe in the City of NBS~TSY'k , : Stata of i3@YI Jersey , Ttortgagv~e, and hereinsfter so designatad: ~ ~Yhareas 1liortgagor is just~y indebtod to Mortgagee in the prinoipal suiu ot ~ w o~ ~ ~ - - - - -FIf'i'Y SIK THOUSANl) APTD ?d~/100- - - -($56~400.00)- - - - - ` - ~ Dotlare, ~ aq evidenoed by a oertain promis~ory note of even dato herewith, the 6na1 paymont of whieh is due on DzCetnbeP 2$ , 19 exeouted by Mort$agor ' ~ a d delivered to 1~lortgagee, said note boing dra~•n on tlie oustomtuy form of Diortgagee, sama being Foriu No. Comb. Ed~~--b3 (SC and by reforence being made a part hereof to the samo extent as though sot out in full herein. . NOFf~ THI9 INDENTUIIE W1TNL35~'1`li~ lti8t illoitg&~(~',OC, io bHitE~i sExsurv iiitl ya;yuiisu~ bi uuo yiua'vit,w; o:;::, o.^,;, in said promissory ttota, and interest thereon, and in considoration thereof, and for other valuable consideratioas, hss granted, bargained and so[d and by tha,e presonts doc~s grant, bargain and soll to ~fortgsgea snd to its successors and assigns forever, all that eertain ~arcel or piecse of Isnd lying and being en !he Coanty of St. Zueie and Stata of Florida, more partia~larly described sa + 'll~e ~outh orie-hsii (52} oi tii~e ivorL'neas~ viic-yu~i-~esi- ~:L'~~ S2etx~: 1!~~ T~~~srir 36 South, Ran~e 38 East, Exceptin~ therefro~a a7.1 rights-of-way for public road~ ~ and drainage canals. ~ .1 ?ncluding as a part of the realty aIl perma,nently inatalled irrigation systems and = equipment, including a11 pwaps, motors, engine~, pump houses, tanka, pipes and mains, q pipelines, together with alI eauipment necessary for the use and o~eratian thereof~ ~ ncw or hereafter place~ on the gremi.see, and any replacements or renexals thereof. : 21. Paragraph (a) (1) of the "Together With" clause hereof is hareby modified to the = , extent that the Mortgagor do~s hereby mortgage, transfer, set over, assign and pledge unto the Mortgagee a12 citrus crops noW and hereafter grotiing on ~a~d pre- mises, hereby giving and granting unto the Mortgagee a first and prior lien there- on, provided, ho~rever, that such lien shall be and is hereby expressly x~ade sub~ect and subardinate to any crop iaortgage securing a loan made by a reaognized I'roduction Credit ~lssociation coveri.ng any citru~ crop Khich co~es into existence by bloorn prior to foreclosure sale or other acquisition of the premises by the ~or~gagee uader this mortgage. Any such crop martgage shall not, hoxever, be a lien prior to this mortgage on anf citrus crop caming into being by bloom subsequent to eaid fore- . closure eale,, or other acquisition of the pre~aises by the Mortgagee. 22, And the said Mortgagor Purther ~ovenants ~nd agress for sa long as all, or any part of the indebtedness secured hereby remr~ins unpaid to preserve, m~intain and care for the citrus groves upon the a~ove described premises, sueh car~ and main- tenance to include cultivating, spraying, dusting, pruning, fertilizing, ~r~tering~ prot,ection agai.nst darnage by frost and fire, ~.arketing of crops and replanLing v.~ trees xhan needadt all tfl be done in a husband-like manner and i.n accordance with - approved methods of grove cultux~e, and agree not to top-KOrk Said grove~ ~rithout the xritten consent of the holder of this martgpge, provided further that upon the failure of td~e Mort:;agor to fully comply ~ith sin~t or all providions of the above } covenants, the holder of the indebtedness s~cwred herebv, in addition to all ita- ~ other rights and remedies for breach of covenants in ~his r~artgage contained, and in addition to its right~ hereby expressl,y given, to 3eclare a default upon the breach of anf such covenants~ ~ay, a~ its opti~n~ ~~ke auch action as it deaems neceasary to preserve~ tnaint,sain and cPre far ~the premises, and said holder of such ~ ir~debtedness is h~:reby given full rights of ~~gress and egress to the prem~sea securing ~his 7~nar? in order to preserve, mairttai.n and care for su~h premi.~es ~gr so long a~s.all ar any part of the indebtedness secured hereby is unpaid, ~ud - ~ ' - . ~ f ~ s (Gontinued on reverse side hereof.) ~ ~ ~ ~oaK 135 . ~ - .