HomeMy WebLinkAbout2108 j ~ ~
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1 A-1 Florxia !?iortgagr tAugust, 1970~ Undn•idual anJ Cor{lorataN
THE FEDERAL LAND BANK OF COLUMBiA 219
956 ~ '
MORTGAGE LOAN NO. F __1~-~!4~ _ ~
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T111~ I\UE\Tt'NF., mad~ thi~ 2q~b da~~ ~~f ~o~abtt . 1~171, b~ and
1?~•t~~•~•n 3te~art 8. I~lshut and ~die, Linda P. I61~hart, oi P~lr Bsach Oount7s
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fio~rida.
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herFit?aftrr il
caUc~d fir.'t parh~. ~vh~•ih~•r one or m~m, and The }~cderal l.and t~ank of Culumbia, ot (:olum!?ia, `_C., a fi ~
c~~rpc~ratiun organized, charte~re•d and t•xistin~ pursua~ii to an Act of (:onr e:., entiilt~d the h'~~d~•ra) ~'ar~n I~
Luan aet, hereinafter called second part~', R~1T!~F`S~:TII, that,
N HEftEAS, first part~~ is indebted to sc~ ond pazh- in t~ie principal su~n of
One H~ndred Z4ent~ T6onsa~d - Uollazs 1Z0~000.00 as evidenced b~- a crrtain ;
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~?romivor~ note, of cven date h~rewith, pa~~ablc to ihe order of second party in 'l~ettt~ (20)
s:~cce~.si~~e ~nual installments of principal, the first installment of principal bc~in~
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duc and pa~-able un the P~SZ'OL daS~ ~i ~er , 19?3 , with ~
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interest from date of said note pa~-able as and at the rate(s) provided in said note, all of which and such ( r
other terms, conditions, and aigreementr- as are coniained in said note will more fulh- appear b~• reference f# ~
lhereto, which note is made a part of this mortgage to the same extent as if it were set out in extenso '
herein. . E~
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This mortgage secures (1) the promissory note abov~e recited; (2) all futwe adrances as hereinafter provided for, that
subsequendy may be made to fust party (or to any one or more of the puties designated herein as first party with the
written consent of the remainder of said parties) by seoond party; (3) all other indebtedness of first party, (or one or more of f,
them), to second party now due or to become due under the terms of this instrument, the above recited note, any future
advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizations, extensions, deferments or
other rearrangements of any indebtedness secured hereby, together with interest thereon as provided for.
~ NOW, KNON' ALL MEN, that fust party, in consideration of the debt as evidenced by above described note, and for !i
better securing the payment thereof to second party, according to the termt of said note, and the performance of the ;
conditions and covenants herein oontained and to secure any other indebtedness of fust party to second party as E~
~ contemplated under the ternu hereof and also in consideration of the sum of One Dollar to fust party in hand paid by second
~ t rece~ t whereof is hereb acknowled ed has anted, bar med sold and released in fee sim le, and b these resents
3 Par Y, P Y 8, P~ 8a , , P Y P j
f dces grant, bargain, seA and release, in fee simple, unto second party, its successors and assigns, the following described lands,
~ including but not limited to, all trees, timber, shrubbery, futures and improvements now and hereafter thereon: i~
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~ A tract of land lying in Towaship 37 South of Raage 37 East in St. Lucie Countq, Florida,M1
~ more particularly described as follaws: i~
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~ Com~ence at a point which is 2,496.0 feet, more or less, northward along the west line of i~
Sectiaa 10 from the southxest coraer of said Sectian 10, and which point is also the
intersectian of the said west line of Section 10 with the center line of a county road jl
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~ (Bluefield Road), run thence southeastward with the center line of said couaty road on a!~
~----Tc4urse of South 22.degrees 13 miautes 30 seconds East a distance of 639.7 feet to a Point
~ ~~.of Beginning; continue thence with said road center line Seath 22 degrees 13 minutes 30 i!
~ - seconds East a distaace of 515.1 feet, more or less; continue thence arith said road ~i
~ center line South 35 degrees 36 minutes SO seconds East a distance of 1,237.7 feet, more
~ or less; run thenee South 54 degrees 35 minutes 10 seconds West a distance of 86.0 feet, ~
more or lese; run thence South 35 degrees 22 minutes 18 seconds East a distance of ~
~ 1,884.7 feet, moze or less; run thence North 59 degrees 6 minutes 10 seconds East a '
~ distance of 94.0 feet, more or less; run thence South 35 degrees 36 minutes 50 seconds
~ Esst a distance of 75.0 feet, more or less, to the Stewart Iglehart-Philip Iglehart pro-
perty Iine; run thence South 59 degrees 6 minutes 10 seconds West along said property Ei '
. line a distance of 4,030.4 feet, more or less, to a point which is 4.4 feet south~rest of ~ ~
a concrete monument; run thence North 35 degrees 38 minutes SO seconds West a distance -
of 3,411.2 feet, m~re or less; run zhence Noreh 54 degrees 35 minutes 50 secoads East a
- distaace of 4,030.4 feet, more or less, to a concrete monument; run thence North 65 de- { 3
grees 28 minutes 50 seconds East a distance of 110.05 feet to the Point of Beginning; ~ ~
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less and except therefrom a strip of land that is located on the SouthWest side of said ~
= tract and being equal distance in length oa the NorthWest side and the Southeast side of ~i
125U feet and containing 100 acres. jt ;
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Said tract containing 227.4 acres, more or less, is located in St. Lucie County, Florida.
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" THIS INSTRUMENT WAS PREPAREU BY `I ~
- YARY FRANCES DEWELL, P. 0. BOX 1499 ~ R (
- aooK~97 0~~2106 ~ ~
COLUfABIA. SOUTH CAROLINA 292p2 ~
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