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HomeMy WebLinkAbout2840 I- ~s _ - 'I FA-1 I~kti3a Mortsaae (Auaust~ 1970) (Individual and CoiporataN THE FEDERAL IAND BANK OF COLUMBIA 2~~ MORTGAGE LOAN NO. F Ol 31 Ttll5 IND~:NTURF., ~uadc this 8th day of t~lsrch , 197~ , bti- .+iui II betwcen J~~er Coats and Arleen g. Coata, his vife of 3t. Lucie ~a.:nt~, Florida i i I~cn:i~~aftcr called iirst pariy, wiiether one or more, and The Federal l.and 13ank o!' Columbia, of Colun~bia, S.C., a corporation organized, chaztcred and existing pursttant to an Act of Cor~re~, c~etitled the Federal I~arn~ l.oan Act, licreinafter called sccond party, ~VITNESSETII, tl~at, ~1`t1EREAS, first party is indebted to second pazty i~ ihe principal s?am uf ~ Seven Hut~dl'ed Thou,ssnd Doltazs (E ?OO~OOO.U4 as evi~~nccs by a cc:rtain ;i ~I promissory note, 06 even date hcrewith, payable to die order of second party in gi~ successive A~~ installments of principal, the first installment of principal bcing ~ due and payable on the First day of Mareh , 1975. ~th ~ i . inter~st from date of said note payable as and at the rate(s) providee~ in said i~ote, aU of which and such ~ othcr terms, conditions, and agreements as are contained in said note wiL' cnorc fully appeaz Ly reference tl~ereto, which note is made a part of ihis mortgage to th~ same extent as if it were set oui in extenso i hcrcin. This mortgage secures (1) the promissory note abovc recited; (i) all futnre advances as hereinafter provided for, that subsequently may be made to fust puty (or to any one or more of thz parties designated herein as fust party with the written consen: of the remainder of said parties) by seoond party; (3) all other indebtedness of fust party, (or one or more of them), to second party now due or !o become due under the ternu of this instrument, the above recited note, any future advance note, or other eridence of indebtedness secured hereby and all renewals, reamortizations, extensions, deferments or other rzarrangements of any indebtedness secured hereby, together with interest thereon as Qrovided for. NOW, KNOW ALL MEN, that first party, in rnnsideration of tl~e debt as evidenced by above described note, and for f better securing the payment thereof to second party, according to the terms of said note, and the performance oi tne ~ oonditions and covenants herein contained and to secure any other indebtedr~ess of fust party to second party as i contemplated under the ter~ hereof and also in consideration of the sum of One Dollar to first party in hand paid by second i 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 Gmited to, all trees, timber, shrubbery, fuctures and improvements now and hereafter thereon: ~ i ' ~ ~ ` PARCSL A: The S 1/2 of K 1/2 of Lot 15, Lots 11, 12, 13, 14, 19, 20, 21, 22, 27, the ~ ; East one-half of Lot 28, the East oae~alf of Lot 29, LESS that part South and ~lest of ~ the caaal, the North oae-half of Lot 30, lying North and West of Okeechobee Road, all ~ being in a Subdivision of all of Sectian 29, Tarmship 35 South, 8am~ge 39 East, as i recorded in Plat Book 3, page 23-, of the public records of St. Lucie Crnmty, Florida. i f ALSO: Lots 1, 4, 5, aad 8, of Block 6, of McNurlen Farms, as recorded ia Plat Boak 4. f ~ page 56, of the publi= records of St. Lucie County, Florida. ~ , ~ ~ ' ERCEP? all rights of way for roads aad drainage caaal$. ~I ' PARCEL B: All of Section 22 aad 27, Tvwnahip 36 South, R~mge 37 East, St. Lucie ~I ; Countq, P3o*ida, LESS AND EXCEPTING all rights of vay far publl.c roads and drain~ee caaals, TOGETHER WITH a oertaia access easemeat for rig~t-of-s~ay purposes covering ~ the follaring described land: - _ The West 50 feet of that part of Sectian 10, Tovnship 36 South, R~ge 37 East, lying South of Olceechobee R~oad (State Highvay No. 70), aad the West 50 feet of Sectian 15, I ~ ~ Tawnahip 36 South, Range 37 East. ~ ' Said lands containing 1513.96 acres, more or less, are situate in St. Lucie Countq, ~ ~ Fiorida. I ~ I G~~ _ ! f o~ ~a~ ~ vun+~ ~ert, ; ~ ~ k ~ ~ 'C INTNIGIW~ Of 1911. ~ ~ f ~ ~ , i~ TU Cri11p~lER 71•134. ~ ~ ! e( ~ ~ER ~~WC?E f~ THIS INSTRU :'ENT W~ pREPAR~D F3Y 8~R%~~~ ~ ~ . Ct{I('•UI~ ~~1 St' AAARY FRA':CEj G~Wi C P. O. P,.^.:C 1:'~9 ~ COLUlf.i31A, jUU7H CinROU~QA Z~~"[J~ 1 . u : i „r'~ -s`~ h ::F-„~,''' ~ ~ ~b : , . . • : 3 ~..'.w~5i. ~.~de ~ ~x ~;~';.w~g .._3~"'r-1.~.e,~ .v~'°~r+`,.1'T~:-° . .j ~ '~>aT. ~ ~Y`Y.r~. . . .