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iW eesra wed etel~ ht ta~~ " a" and " o~u~ta" i~clud ~II h~ p~ttis~ te Ihi! in~uu~e 1~ed N Asi V•
i~~iu~~~t~u~ ~~~i~ e(~q~r~uaJ! isd i~~ ~u4~a~en ~A~ ~a~~u ql cap e~sh~n~ •n~ ~a ts~ ~'~w~~ ~ ~
ct a • ~st sni~ atneta nen 1~us epti r~ ~~~e t ~ ue~u u nu~s tat u t ~M p!u ~nd
P uts ~h~ ~in~u ~rd t t ui~ e1 i~~ ~end}~ ~h~ ((nc a e~ ea en.1
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Fxecuted the • da~ of September ~ ?i, 1~, 2962 ~
by PAUL H. FREEMAN, ae Trustee . _ ~9~
h reinafter~llier~ t~ or ~ or to JAMES SHUFORD and ARLENE $HtT~QRD hia wi
~8 ~a an ~n v e~ ~~~~re~ tj BOWEN HRQTHERS iN~.. e F1or aa ~or~ora
ion, ae o an un ivide 8~nterest; anci, DAVfD . ALBERTSON, ae o a~
undivided 20$ interest
~ ~ hereina~ter calle~ the JF:~ort~'a~ee, , . ,
q ~ • .
~
p s. O p~ • •
O a
~ c o .~~tttQ~~P#~, Ehact for divers ;~ood and vactua,ble considerationa, and dlso in
~ consideration o
f ~he a~
gre~ats sum namcd in ths prornisso r~ note o
f even date here-
d a'~ wiEh, hereinafterdescribed, the aaid .1{Tortgagor, does grctnt, Lar~ain, sell, alien, remiae,
release, convey ccnd confitrm unto the said JlSort~agee, in fee stmple, all that certain .
q~~ g tract of lacnd, of which tha said J~fortgr~ or i.s now seixed and posseased, and in aetua.t ~
ua.
W ' posBesBZOn, siEccate in St. I,uc e ~County, Stacte of Florida, deacribed
~ _ ~ ~3 as followa: •
~ a
~ tt o SEE SCHEDULE "A" ATTACIiED HERETO AND MADE .
~ ~ A PART HEREOF BY REFERENCE.
~ o ~
~ o~ THIS IS A SECOND PURCHASE MONEY MORTGAGE. . ~
9. For so lonq~as any~part of the indebtednesa aecured by this ~
Mortgaqe ehall remain unpaid, Mortgagor shall maintain ancl care for the
citrus~trees and.;cropa located or growri on~the mortgaqed p=opertyt such
maintenance~and'care to include cultivating, epraying, duatinq, and ~
fertilizing, all to be~done in a good and husband-like manner and~in
accordb~ce with~standard methoda of citrus grove caretakinq qenerally
recognized, accepted and in use.for citrus~groves lcoated in the vicini
of the mortgaged property. Caretaking of the grove shall be by a duly
apgointed caretaker, caretaking service, citrus cooperative, or ather
entity determined by the Mortqaqor, with the caretaker and caretaking ;
servicea subject to the approval of the Mortgagee for eo long a period ~
as this purchase mone3~ second mortqage remains outstandinq and unpaid. _
10. Mortgagee recognixee'that Mortgaqor is acquiring~this pzoperty _
in his capacity as Trustee for certain beneficiariea. Mortgagor oz hio ;
euccessors in title shall not, without first obtaining the prior writte
. con~ent oF Mortqaqee, ~ell or otherwise tranefer or convey hie interoat ~
. in the premisea herein deecribed or a~y pnrt thereof except aa lollowa: ~
A. Tranafer of an undivided interest in the premises to a
. co-tenant or beneficiary of the Land~Truet under which the Mortqagor ie
serving= provided, always, that the interests acquired by~any and all s c
ca-tenants or beneficiaries ehall be inferior and subordinate to the li
covering all af the premlaes described herein created by this mortgaqe
in favor of Mortgagee.
e. Tranafer of a beneficial interest in the Land Trust under
which Mortgagor is~eerving or transfer of a co-tenancy ownership intere t
provided such transfer or transfers, in the aggregate. do not approxi-
mate a sale of all or aubetantially all of the intereetss in the premiee
covered herebyt provided, always, that the interests acquired by any an
all sueh co-tenanta or beneficiaries ehall be inferior and subordinate
(CONTINUED.ON BACK PAGE OF DOCUMENT)
~It ~IttUp ~iri~1 #Q ~~RI~1 the $n.mc?, ta~ethr,r i~~ith Ehe tenementa, heredif~a»unt,s
and cc~rpr~~tcnances, unto th.e sccid .1lTort,~dgee in f'ee ~imple.
,~n~I said J~1'ort~a~or c~ie,4 eoveiucnt i~~ith• ~~ri.d~ JlTort~a~ee t,hat aaid .1Kort~a~or
i,s inclefeasibly .seized~qf sa.id lacnd in f'ee ~imple; that th.e said .hfor~,~a~or luta full
~,ou~e~r acrrtl• la.ruful ri,ght to conveJ/ ~aic~ land iia fee aimple a.4 afortaatd; ~ha.t actid lcz~d
r.s frec frum atl incumlirances; that said,llsvrt~2~or will make auch further a,s~unzncea
to perfecf the fi~e simple title to ~aid larr~ in sacirl JKort~a;~ee c~e macy reasonabl~/ be
reyuired; and tl:.a~ sai,d .1K'ort~a~or ~oes ~crr~L>> ficltl~ warracnt the title to aaid la~nd
and u~itl ~l~efPnd ~he aame a~ainst the lawfict elai~rca of all persona whomaoever.
Allan L Ces BoQx.~70 PAGE g11
7 ~ ~XI:IBIT B ~P
This (nstrument Prepared By: P. 4. Box 7146 " . p "
Winter Haven~ Florlda 33flSd e~~x o~ ~a~E13D~
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