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HomeMy WebLinkAbout2470 ~ FA-1 Fbrida Mortgage (August. 1970) (Individual arni Corpontan) ~i~o~ 2 ) ~ THE FEDERA~ LAND BANK OF COLUM6IA ; MORTGAGE LOAN NO. F__l_~-~~ ~ Navember , 19 72, by and j Tl1IS INU~:NTURE, ma~le this day oi ~ tx:iwer:n C. A. van der Lugt and Judith van der Lugt, his ~rif'e of St. Lucie county, ~ ~ Florida. i i i Itereinafter ; called first party, whether one or n~ore, and 'fhe I~ederal Land t3ank of Columbia, of Columbia, S.C., a ~ corporati~n organized, chartered and existing pursuant to -an Act of Congress, entitled the Fedcral Farm - Loan Act, hereinafter called second party, NITNESSETN, that, ~ ~ N'HEREAS, first pazty is indebted to second party in the principal sum of ~~a Ten i { ' Thousand and 00~100 - Dollars 310,000.00 as evidenced b~~ a certain ~ . , ~ promissory note, of even date herewiih, pa}'able to the order of second party in ~hirty ( 30) ' successive annual installments of principal, the first installment of principal being ; due and payable on the FYrst day of Oetober , 19 74, with interest from date of said note payable as and at thc rate(s) provided in said note, all of which and such uther terms, conditions, and agreements as are contained in said note rvill more fully appeaz by reference thereto, which note is made a part of this mortgage to the same extent as if it were set out in extenso _ ~ hcrcmin. This mortgage secures (1) the promissory note above recited; (2) all futnre advances as hereinafter provided for, that i subsequendy may be made to first party (or to any one or more of the parties designated herein as first party with the ` written consent of the remainder of said parties) by second party; (3) all other indebtedness of fust party, (or one or more of j 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 i other rearrangements of any indebtedness secured hereby, together with interest thereon as provided for. ~ , NOW, KNOW ALL MEN, that first party, in consideration of the debt as evidenced by above described note, and for ~ better securing the payment thereof to second party, according to the terms of said note, and the performance of the ~ ~onditions and covenants herein contained and to secure any other indebtedness of fust party to second party as contemplated under the termt hereof and also in consideration of fhe sum of One Dollar to first party in hand paid by second . party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fee simple, and by these presents ~ dces grant, bargain, sell 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, Fixtures and improvements now and hereafter thereon: ~ ~ ; All of the NE 1/4 of the NW 1/4 and all of NW 1/4 of NE 1/4 of Section 14, Township ~ ~ 35 South, Range 38 East. ~ R . i ; S 1/2 of the ~'W 1/4 of the SW 1/4, less and except the South 150 feet of the East f ~ ~ = 300 feet thereof, of Section 1, in Township 35 South, Range 39 East. I } ti ~ , ThaC part of the E 3/4 of Section S, Township 35 South, Range 39 East, lying South ~ of the South right of way line of Angle Road and West of the following described ? ~ line: _ From a point where the East line of aforesaid Section 5 intersects the South right ~ of way line of said Angle Road right of way, run North 89 degrees 45 minutes 15 seconds West along said right of way line a distance of 420.17 feet; thence North a a ~ distance of SO feet; thence North S9 degrees 23 minutes 45 seconds West a distance ? of 475.92 feet to a point where said South right of way line of Angle Road inter- _ ~ sects the West line of a 170 foot wide perpetual power line easement granted to ~ Florida Power ~ Light Company as recorded in Deed Book 234, at page 31, and ~ Official Record Book 76, at page 615, of the public records of St. Lucie County, ~ Florida; said point of beginnfng of the East boundary of this parcel: f_. ~ From the point of beginning run South 0 degrees 37 minutes 40 seconds West a } ~ distance of 5,294.10 feet to a point on the South line and 894.85 feet F7est of the = ~ ~ Southeast corner of Section S. ~ 4,''k ~ ~ Less amd Excepting, however, the South 130 feet of said land and all existing ~ ; right of ways thereover for public road and drainage canal purposes. ' ' Said lands, containing 448.97 acres, more or less, in St. Lucie County, Florida, ~ are subject to existing right of ways for~public roads, drainage canals and ~ ~ telephone lines . TM~S ~rusrRU~aENT V1AS PREPARED BY MARY FRAPiCES CE~~;E~L, P. 0. EiOx la~~•~ COLUMBIA, SGUTH CAROUlVA 2~202 , ~ ~ . - - - O - ~ ~a ~O~K2O~ P~~~?'x0 a _ry _ .'4 .F~ ~"y>~ 5. ',,.n . ~~~~d ~ Z ~ ~~^Ln ~ y _ _ q ~ - ~ - ~.~~~.a' r ~ ; ~ - : ~ _ ~~.'`s-~.~ .Y'~x`"~-~ , _ . .1 .