HomeMy WebLinkAbout0873 l" I!
F 120-086 ~
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~ FA-1 florida Murtgage (August, 1970) Undividual arx! Cot{w~etion) ~
THE FEDERAL LAND BANK OF COLUM8IA
MORTGAGE LOAN NO. F__120-086 ~46~4
7'IfIS 1\UH:\1'l'NH:, madc tl~is 18th da~• ~~f January , 19 73, b~ ai~~l
Ix~t~v~•~•n Jim G. Russakis and Sheila Russakis, his wife, and L. Ralph Poppell and
Mary C. Poppell, his wife, all of St. Lucie County, Florida
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I~creinafter i
called first ~~arty, wh~•lht•r onc ur morc, ai~d T{~~ Fcderal Land ti~nk of Columhia, of Columbia. ~.C., a
corporation or~anizcd, charicrcd and ~•sisiin~ pursuai~t tu an :~ct of Conb e~~, cntitlcd thc Ncdcral 1~'arm
Loan ~~ct, licr~~inah~~r call~~d secund part~~, ~\'ITI~F.SSH:TI1, that,
11'IIN:REr15, first part~~ is indebted tu ~econd party in the principal suin of Fifteen Thousand and ~
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15 000 00 z
No/100----------------- Uc~llars (S • • as c~•idcnc~•d b~' a cc•rtain `
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prumia;ury nuie, oi r.ven datr h~~rewith, pa~~able to ti~~• ordcr of xcond parh~ in 'I1~,renty (20) ~
succea~ive Annual installment~ of principal, the first installnunt of principal b~~in~ i
due and pa~~able on ihe First da}° of July , 19 74, ~vitli
interest from datr: of said noic pa}-able as and at the rate(s) providt•d in said note, all of which and such ~
other tcrms, conditions, and agreements as are contained in said note w~ll more full}' appear b?~ reference ~ t
thercto, which note is made a part of this mortgage to the ~ame extent as if it were set out in ertenso ` ;
I~erein. I z
This mortgage secures (1) the promissory note above recited; (2) all future advances as hereinafter provided for, that ~
subsequently may be made to first party (or to any one or more of the parties designated herein as first party with the ~ z
written consent of the remainder of said parties) by second party; (3) all other indebtedness of fust party, (or one or more of ~
them), to second party now due or to become due under the terms o~ this instrument, the above recited note, any future
advance note, or other evidence of indebtedness secured hereby and all renewals,.reamortizalions, extensions, deferments or
other rearrangements of any indebtedness secured hereby, together with interest theieon as provided for. '
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NOW, KNOW ALL MEN, that tirst party, in consideration of the debt as evidenced by above described note, and for '
better securing the payn~ent thereof to second party, according to the terms of said note, and the performance of the s
conditions and covenants herein rnntained and to secure any other indebtedness of first parry to second party as ~ ~
contemplated under tl~e ter~ hereof and also in consideration of the sum of One Uollar to first parly in hand Qaid by second ~
party, receipt whereof is hereby acknowtedged, has granted, bargained, sold and released, in fee simple, and by these presents
dces grant, bargain, sel{ and release, in fee simple, unto second party, its successors and assigns, the following described lands,
i including but n~t limited to, all trees, timber, shrubbery, t`ixtures and improvements now and hereafter thereon:
~ The East 10 acres of the SW', of the NE~, Section 22, Township 34 South, Range 39 East, !l
; St. Lucie County, Florida, IESS AND EXCEPTING canal and road rights-of-way, which '
~ parcel lies East of the following described line:
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~ From the Northeast corner of the Southwest quarter of the Northeast quarter of 'i i
~ Section 22, Township 34 South, Range 39 East; run North 89° 19' West along the ?
~ North line thereof, 353 feet; thence South 1° 08' SO" West 1338.58 feet to a point
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~ ranging North 89° 14' 45" West at a distance of 358 feet from the Southeast corner ~i ~
~ ~ of said Southwest quarter of the Northeast quarter of Section 22, Township 34 South, '
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~ Range 39 East, St. Lucie County, Florida
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~ Thi~ instrument prepared by
~ E. R. Fields
= P. 0. Box 1090
~ Lakeland, Florida 33802
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IN PAYiIENi OF Y~
REFEtVfD !I
qIE ON CIAS~ IlfTAlAIBLE PER9011k P~P~~'
,~T~ ppqStlAtIT {0 CNAPiER 71•13t. ACfS 0~ 19TL ~C`j~ i;
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