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HomeMy WebLinkAbout2849 Bx 163~35$ Fon~ L•2i1-Floiids. Rtv. joae 19~) (ladi.idosl aad Co~p.). THE FEDE~iAL LAND BANK OF COLUMBIA MORTGAGE LOAN NO. F]14.-..233..r.. THIS INDENTURE. amde this 21st dsy of Decesber . 1967 , by and between ifillis R. l~e~s and Annia OL ltegus, hia vife o! 3~. I~ucie County, l~loride~ . hereinafta caUed first party, whether one or mor~ and The Feder^ol Land Bank of Columbia, of Columbia, S. C.. s oorpora tion orgauized, charter~ed and e~dstiag pursuant to an Ad of Congress, eatided the ~ederal Faraa Lo~an Act. herN inaftcr callcd semnd party WITNESSETH, that. WHEREAS, first party is indebtcd ta ~eoond party in the prindpal sum of ~ l~inety ?housand - Ddllars (S 9~,000.00 as evidencad by a certain p: omissory note, of even date herewith. payable to the order of second party in Forty ( 40) sucassive Anmt~al installmeats of principal, the first installmtnt of principal being due and payabie on the girat dx.y of Me~y , 19 09. with iaterat fmm date of the said note payable as aad at the rate(s) providod in said note, principal and interest not paid when due to bear interest at the rate of six ~eer centum (696) per annum, all of which and such otha t~rms, oonditions, aad agraments as are contained in said note will more fu1lY aPPear by refaeace thereto, wluch note ia made a part of this m~ortgage to ch~ saane exteat as if it were set out in .~.xtensu herein. This mortgage atso ~ecures all advanas made by second party hereunuer, aad, unda the terms of said note, alt acaounts iaduded in all reamortizations, ra newais, deferments and extensions of anp indebttdness hereby secured. NOW, KNOW AL,L MEN, that 5rst party, in eonsideratioa of the debt as evidmced by said note, and for betber securing the payment thereof to seoond party, according to the tern~s of said note, and the performance of the condi6ons and oovenaats herein eoatained. and also in consideration of the sum of One DoUar to first party in haad paid by second party, receipt whereof is hereb~? ackn.~wledged, has granted, barga?ined, sold and relea.9ed, .in fee simple, and by these presents does grant, barga~n, sel~ and rdcase~ in fee simple, unto secoad party, its succes- sors and assigns, the foUowing dacribed lands, including but not limited to, all trees, timber, shrubbery, fuctures and improvements now and haeafter thereon : NorthW~st Quarter oY Southwest Quarter and South Half of South~rest , Qu~trter of Section 16s West Three-Qu,a~cters and East $alY of Southeast teju,arter oY Section 21; ~ West Hetl~ oP Northxest Quarter of Southvest Quarter, 3outhvest Qw~rter of South~rest quarter and West Half of West.Half oY Southeast Quarter of Soutthvest Qu,ax~ter of Section 22; IN TaWNSffiP 34 SO[1PH~ RANG~ 39 S~AST:• ~ Said lands, containing 750 acres, more or l,ess, in St. Lucie County, ~ ; F1oMdQ, are sub~ect to aqy valid reservation of oil, gas or minerals , included in any conveyance of said lands vhich has heretofore been j executed and dul.y recorded in the Public Records of said Caunty, snd ~ Sub3ect ai.so to Easement to Houston Texas, Gas and Oil Corporatian, : ~ dated July 15, 1960 and r~cord~ed in Deed Book 261, pag~e 496, Public } Records of said County. AND first party, Yor themselves and their heirs assig~s, hereby ftiirther coven8at and agree that iY first party shall fail or rePuse to p~y When due all assessments by Fort Pierce Farms Drainage District und,er the terms oY Agreement betWeen that Drainage District and others, including Pirst party, dated pugust 3p, 1945 and record~ed in Book 118, Page 522, Public Records of seid St. I.ucie Caunty, secand party mqy p~y such assessments and aay aapunts sa advanced by second party shall ~ constitute a part o~ the c~ebt hereby ~cured to the same extent and eYfect -as sny advance mad,e by second party to p~y~ orem taxes as hereinaPter authorized. ~ ~n~ RECGYE~ i N PAYMa1TOFTAxlB DUE ON CLAS~'C' INtAN 8LE ~ERSONAL PROPERTI'. ! rURSUANT 70 CNAPTER T0721, ACTS OF 1M1. ROG':R POITRAS, Ueric Cirwit GouA ; os /?geM kx CU~TtS M.1AME5 ~ y~, Co~tr tox ~ ~ ~UiY CI.ERK _ gmK~69 ~E?.~~0