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Execu~pd Ihe 29th dQy o~ January A. D. i9 73 6y
CHARLES G. RHQADS, also known as CNARLES G. RHOADS IV, and
GAIL P. RHOADS, his wife,
hereinaJte~ catlec! the mortga9or, to FIRST NATIONAL BANK OF FORT PIERCE ~ 8 b8Y1k-
ing corporation existing under the laws of the State of Florida
~ ..,•~~,,..;..9t ,.~a.•o .,f ~.,,~cinA~~e at ~(1(1 S_ fit-h Street_ Fort
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I~ Pierce, Florida, ,
~ F~ereinajter called the mortgagee:
( (WlKmrr used 6ereie t6e urms ••mort~s~or•• and ••mo?tsaSK" iaclude all t6c partia to t6's imtrume~t aad Se ~cin,
` IeRal rcprexnuti~es aad asi~us of iad~vidwb, aad t?e mcceuon aad aeis~s ot corporatio~s: a~d tAe uro "aotc••
~ includes all t6e oota 6ereia deacribed i( mo~e thaa one.)
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{ ~~t~~~~ tl~at /or good and vnlua6le c~onsiderations, and also in conside~ation o( tl~e aggre-.
~ gate sum named in Ihe promissory note of even date he?ewith, hereinaf ter descri6ed, t1~e mortgagor here-
~ by gmnls, bargains, sells, aliens, remises, conveys and conjirms unto !he mortgagee all t{~e certain Iand
~ o/ u~hich the mortgagor is now seized and in possession situate in St . Lueie County..
~ Florida. i~iz:
~ Lots 17 and 18, RIVER QAK ESTATES, according to
the plat thereof recorded in Plat Book 16, page
~ 5, public records of St. Lucie County, Florida.
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i~ THIS IS A FIRST MORTGAGE.
This mortgage shall also secure the payment of any future
advances or loans that may be made by the mortgagee to the
mortgagors at any time within ten years hereafter even though
j; no indebtedness is outstanding hereunder, provided that the
maximum principal amount of monies so secured shall not exceed
$50,000.00 at any one time, and provided further that such
advances or loans shall be evidenced by separate written
, instruments toinvoke the terms hereof.
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~ TH18 INSTRUAIENT WAS PREPAREO BY:
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S SPENCER B. ~ILBERT, Attorney at law ~
a ~~j 7~ f. ~GOMO SiREETi FT. PIfRCE. fUl 3345A ~
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~ i~ Rf~CEtVED ~ C~" 1N PAYMENT OF j~
~ I: ~ p~ INtANGIBLE PE~SO~~aI ?~0?ER(~~
~ PURStfANT TO CIi~PifR 71-134. ACiS OF ly)t. nn~c1~
ppi.ER P011RAS O
~ CLER1( CIRCW~ ~RT, ST. LUCIE CO.. Fu
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