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Home My WebLink About0562 1 ' 1-1201011-1 FA-! Fbrida Mortgage (August, 1970) (Individual and Corpontion) THE FEOERAL LAND BANK OF COLUMBiA "?S~° S~6 MORTGAG E LOAN NO. F 1-1201011-1 _ T11IS 1NDENTURE, made this Second day of MaY ,19 73, by and ; ',I betwcen Oliver B. Cleaver and Ada S. Cleaver, his wife of St. Lucie County, Florida ~ I' ~ hcrein~fter ; ; called first party, whether one or more, and The Federal Land t3ank of Columbia, of Columbia, S.C., a f corporation organized, chartered and eristing pursuant to an Act of Congress, entitled the Fcderal Farm ~ Loan Act, hereinafter called second pazty, W1TNF.SSETfi, that, : R'HI~:REAS, firsi party is indebted to second party in the principal sum of Fifty Thousand ~ ; ~ ;i and no/100------------------------------ DoUars (E 50,000.00 ~ evidenced by a certain ~ promissory note, of even date herewitfi, payable to the order of second party in 7rvo Hi.mdred Forty (240) ~ 'I suecessiYe monthly installments of principal, the first installment of principal being ;I ~ ;I I! due and payable on the First day of August , 1973 , with ` iI interest from date of said note payable as and at the rate(s) provided in said note, all of which a~d such ~ 'j other terms, cohditions, and agreements as aze contained in said note will more fully appeaz by reference ~ i tiieFeto, which note is made a pazt of this mortgage to the same extent as if it were set out in extenso ~ herein. - ~ This mortgage secures (1) the promissory note above ncited; (2) all future advances as hereinafter provided for, that ~ subsequendy may be made to first puty (or to any one or more of the partiea designated herein as fust party with the written consent of the remainder of said parties) by seoond party; (3) all other indebtedness of fust party, (or one or more of ~ ' them), to seoond pariy now due or to become due under the ternu of this instrumeat, the above recited note, any future ~ ' 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. ~ , NOW, KNOW ALL MEN. that fust party, in consideration of the debt as evidenced by above described note, and fpr ; better securing the payment thereof to second party, acoording to the terms of said note, and the pedormance of the conditions and covcnants herein contained and to secuce any other indebtedness of fust puty to seoond party as oontemplated under the tern~s 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 grac?te~d, bargained, sold and released, in fee simple, and by these presents does grant, bazgain. sell and release, in fee simple, unto second party, its succeuors and assigns, the following described lands, ~ including but not limited to, all trees, timber, shrubbery, fixtures and improvements now and hereafter thereon: k ~ ~ ' The South of the NW'~ of the SW'-~ of Section 30, Township 35 South, ~ ~ • Range 40 East, St. Lucie County, Florida, lying North and West of 10-mile ~ ~ creek; : ~ ~ a ~ LESS AND EXCEPTING THEREFROM: From the Northeast corner of the NW'-r of the ' ~ SW'~ of said Section 30, run South 0°30' West along the quarter-quaroer ~ ~ section line, ~3,~~~~for point of beginning; continue South 0 30' ; West, 88.12 feet to a point on the top of bluff of 10-mile Creek, thence ; ~ ~ South 54°51'30" West along said Creek, 413.7 feet; thence North 1°32' fi ~ ~ East 318.28 feet; thence North 88°36'-East 330.67 feet to point of t beginning; ~ ~ EXCEPTING ALSO rights of way for public roads and drainage canals. ~ ~ Said lands contain 13.76 Acres, more or less ' S ~ ~ ~ N ~ ' ' This instrument prepared by: ~ ~ - s - f $ ; E. R. Fields ~ ~ P. 0. Box 1090 ~ Lakeland, Florida 33802 ~ i ~ . ~ ~ _ r` ~ ; ~ I ~ ~ ~ 5 ~ 584 _ ~ . ~2~ ~ ~ r' ~ ~ ~ ~ ~ _ ~ ~ : r _,~:4 3~.~