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Home My WebLink About0937 Fet~ IIOi f1Ki1~ MORTGAGB ~HBD ~ TUT~~ANX w~Mrtw~s v. ••wr. o~~~aa ~ 5'~8~121 nnna uw rw~~. n~wa rn..+~. w,a ~ ' ~ ~ ' . o ~ • ~ 1 / , V ~ W ere.a wed 6crsin hc ta~i "m_oyrt'~r tw" ~ad'•morq~~a" iaelud all ths p~rtia to thi~ io~uument ~nd U~~h~in QV ~ep~ sy~ audra a~ u~i ~ ett i~y Sndwl~ and the tuefa~on ~n ~u~ Q( eorp n4n••n t~{•,• ~(ot~ IAt~~~l~lf A01~~1t1t111 ~MpfOlO U~Oft ~111 OQ~ ~11Sttt~_t `e~ (11~' IIl~tll~~ AYm~ ~M~ IAl~YOQ l~lt p1Yft! ~Ad t/ ~ lA~ p~1 ths ~ie~u ~ aad t~e u~e o( ~e7 ~ead ~htll int ude ~ll d r~ ~ F,xecuted the ~ `3+ da~ oj September ~ .q. D. 1982 ~ by PAUL H. FREEMAN, as Trustee as h~o anf un~ll~edet ~ or ~ r~ $tt~• JB~OWENSBRoFTHERS~INC~EaEFlor~daDcorsora ~ tion, ae to an undiv~e~ ~~8 in~erest; and, DAVfD S. ALBERTSON, as ~o a undivided 208 interest hereinafter called the JVlortgagee, . ! ` x ~ . ~ ~ ~ ^ ~ O a ~ . o ~~fS1P8B~f~, that for divers good and valuable considerationa, and aclso in , considerc~tion of tlte c~~~regate sum nccmed in the promissor~,/ note of even dacte here- ~t a a'~ with, hereinacfterdescribed, the said .111ort~a~or, does ~rant, Lar~'ain, .sell, atien, remise, ~ = a~~. relea,se, eonvey c~nd conftrrn unto the said JK'ortgagee, in fee sample, alt that certain ,o tmct of land, of which the sa.id JKort~'agor is now seixed and possessed, and in actuacl r~ W ~ possession, si~uate in St. Lueie Coun ty, S t a te o f F l o r i d a, desc r i be d ~ - ~ g as follows: • ~ n ~ ~ q o SEE SCHEDULE "A" ATTACHED HERETO AND MADE A P A R T H E R E O F B Y R E F E R E N C E. ~ Y C q THIS IS A SECOND PURCHASE MONEY MORTGAGE. ~ c ~ ~ 9. For so long as any part af the indebtedness secured by this ~ Mortgage shall remain unpaid, Mortgagor shall maintain and care for the ~ citrus trees and.crops located or grown on~the~mortgaged property; such maintenance~and~care to include cultivating, spraying, dustinq, and fertilizing, all to be done in a good and husband-like manner and in ~ accordance with standard methods of citrus grove caretaking generally 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 appointed caretaker, caretaking service, citrus cooperative, or other _ entity determi.ned by the Mortgagor, with the caretaker and caretaking services subject to the approval of the Mortgagee for so long a period as this purchase money second mortgaqe remains outstanding and unpaid. ~ 10. Mortgagee recognizes'that Mortgagor is acquiring'this property ~ in his capacity as Truetee for certain beneficiaries. Mortgagor or hie successors in title shall not, without fi~est obtaining the prior writte conaent ot Mortgagee, oell or otherwise transfer or convey hie interest ? in the premises herein described or any part thereof except as followg: ~ A. Transfer of an undivided interest in the premises to a i . co-tenant or beneficiary of the Land Trust under which the Mortgagor is serving; provided, always, that the interests acquired by any and all s cr! co-tenants or beneficiaries shall be inferior and subordinate to the li n covering all of the premises described herein created by this mortgage " in favor of Mortgagee. B. Transfer of a benefic~.al interest in the Land Trust under which Mortgagor is servinq 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 substantially all of the interests in the premise covered hereby; provided, always, that the interests acquired by any an all suah co-tenants or beneficiaries shall be inferior and subordinate (CONTINUED ON BACK PAGE OF DOCUMENT) (~i, p~jttUp ttn~ #p ~I11~ t)re sn.m~, to~ether r~~ith the tenements, hereditaments and ccpprirt~cnanceR, unto th.e said .1~ortgagee in fee simple. „~nd said .1~ortga~or c~ie.s eovenca~at r~~ith. tini.c~ .~Kort,~d~ee that said .JKortga~'or i.s inde.feasi.bly seixed~qf sacid land in f'ee si.mple; tllat the said JKortga~or h,acs fult ~~ou±c~r acnc~ la.iufut ri~'h•t to conver! .4aic~ la.n~i i~~ fee simple cc.4 aforesaid; that said la~nd is free from alt incumliracnces; tha6 said.M~orfg~c~or will make such furt)ter assurances to perfecf the fee simple title t.o said lan.~l in. said .Martgagee as mab reasona,blj~ be rPyuired; and tlr.at sar;tl .~fort~'agor ~loe~ It~rrbi~ ficlli/ wacrrc~nt tlte title to said lacnd an~ rvilL c~efPnc~ the sa-~ne a~ainst the lawficl cl.crimsr of all persons whomsoever. 800K 570 PACE 9t~1 Allan L. C~sey x~: i B i i B~~ ~ This InsUument Prepared By. P. 0. Box 7I46 L e.CnK38~ ~!~CE~3~$ Wint~r Haven, Florida 33L30 . _ t