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I~A-1 I~lori ~~e (A~ct. O) UndniAual a~xi (br{wrataa) ~OCK ~ ~ Q~ i.~E
~ ~?~~@~~~s~~'~~ THE FEDERAL LAND BANK OF COLUMBIA ~Ef `rF~~~c~~~
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~;~5~ ` ' MORTGAGE LOAN NO. F_ _120-0~ _ _ _ ~9T3 ~j('+N -9 PM 4.16
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~E~``~o~~.~~° R.",~~N H!~Ri:tS
q~j~' 1'lI1S I~UH:~i'l'l'NE, madi• this 15th ~lav uf November ~LERK C1RCl~~j~~~7~2;7,~ :~nd
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Ix•iw~•~~n Sunlight Groves, Inc., a Florida Corporation, having its principal place of
' business in Vero Beach, Indian River County, Florida.
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callcd first part~•, ~•hr.ih~•r un~~ ~,r murc, and '1'h~• N'~~di~ral Land I;ank uf Culumhia. ~~i (:olumbia. a :
cor~wration or~anizcd, cliartcrcd ai~d r•xislinh E~ursuaui tu an :~ct of Conrrc~.., ~~niitl~~d lh~• F~•d~•ral Farn~ f =
Loan :1ct, h~~reinaf't~~r call~d ~~rc~nd parl~~. ~1 l'1'\ h:~SN~ l'H, th~t, ~
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1~'IIN:RE:~S, r~r~~ i~art~~ ~~~a~~bted to •ec~~nd pariy in the principal siun uf One Hundred Thirty-Fiv
Thousand and 00~100- Uollars (S 135,~.~ :~s cvidcnccd b~~ a crrtain ~
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prumi~ur~ note, uf e~~en date h~•r~•~vith, pa~~ablc~ tc~ lhe order af sc•cond part~' i~~ 41~renty (20)
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succc~i~~e annual installmcuts of principal, thc first instalin~cnt af prinripal L~•inr
du~ and pa~~able on thc First day of October , 192'4 ,~~'ith 4
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int~•rc•st from date of said notc pavable as and at thr rate(s) provided in ~aid note, all of which and ~uch ~
~~ther ternis, conditions, and agrecments as arc cuniaincd in said note h~ll murc full~~ appcar L~~ reference ~t
the.reio, ~vhich note is made a part of this mortga~c to the wme cxtent as if it ~vcre sel out in extenso !i
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This mortgage secures (1) the promissory note abov~e recited; (2) all future advances as hereinafter provided for, that
subsequently may be made tu first party (or to any one or more of the parties designated herein as first party with the I~
written consent of the remainder of said parties) by second party; (3) all other indebtedness of first party, (or one or more of ;y
them), to second party now due or to become due under the terms of this instrument, the above recited note, any future ~i
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. ~i
NOW, KNOW ALL hlEN, 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 tl~e ;
conditions and covenants herein contained and to secure any other indebtedness oC first party to second party as
contemplated under the ternu hereof and also in consideration of the sum of One Dollar to first party in hand paid by seeond i~
I party, receipt whereof is hereby acknowledged, has grante~, bargained, sold and releaseu, i~i f~ simple, and by these presents
dces grant, bargain, sell and release, in fee simple, unto second party, its successors and assigns, the Cullowing described lands, ~I
including but not limited to, all trees, timber, shrubbery, fixtures and improven~ents now and hereafter thereon: u
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~ Beginning at the Southeast corner of Section 30, Townshir~'~4 South, Range 38 . ;j
~ East; thence North 0 degree 54 minutes 10 seconds East, 1~81`.20 feet to the point ':f
~ of beginaing; thence North 0 degree 54 minutes 10 secaads East 2,549.58 feet to
~ a point; thence North 87 degrees 49 minutes 13 seconds iJest a distance of 2,210
3 feet to a point; thence South 0 degree 54 minutes 10 seconds West to a point in
~ the North right of way line of the S:~shine State Parkwaq; thence in a South- -
~ easterly directioa along the North right of way line of the S~nshine State 'I
Parkwaq to the point of beginning; being a part of Blocks 1 and 2 of the ~
~ ~ Agriculture Plat of FLORIDA MAID CITRUS GROVE, as recorded in Plat Book 13, at il
~ page 1, Public Records of St. Lucie County, Florida. `
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~ LESS AND EXCEPTING THEREFROM: From the SE corner of Section 30, Tawnship 34
Sonth, Range 38 East, run North 0 degree 54 minutes 10 secands East a distance
~ of 1319.84 feet; thence run North 87 degrees 49 minutes 13 secands West a ~
~ distance of 320 feet to the point of beginning; thence continue North 87 degrees
~ 49 minutes 13 seconds West a distance of 270 feet; thence run North 0 degrees ~
~ 54 minutes IO seconds East a distaace of 806.67 feet; thence run South 87
degrees 49 minutes 13 secands East a distance of 270 feet; thence run South 0 ;I
degree 54 minutes 10 seconds West a distance of 806.67 feet to the point of G~
~ beginning; ~ ,
~ Said land lying and being in St. Lucie County, Florida, and containing 104
~ acres, more or less. -
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