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~ FA•l Fbrida Mortgaae (Au6uri, 1970) (I~dividusl anJ Corporation)
THE FEDERAL IAND BANK OF COLUMBIA
MORTGAGE LOAN NO. F 112010601 _
~ TU1S 1NUF.NTURE, madc this 23rd day oi August , 19 73, by and
! lx;twcen Whitaker Groves, Incorporated, a Florida corporation, havin~ its principal
i place of busineas in Polk County. Florida
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, ~icrcinaftee
calted-first party,-whether-one-or n?are, and The Federal I.and t3ank of ColumUia, uf Columhia, S.C., a~
~ corE~uration organized, chartercd and cKisting pursua«t "to an E1ct~of Congress, entitted Ihe l~ederal Farm
,I Luan r1ct, hereinafter called second party, N1TNF.SSET11, that,
i ~1'I~EREAS, first party is indebted to second pazty in the principal sum of
' Dollars ) _ y
Four Hundred 1~aenty Five Thousand------- 425,000.00 , as evidenced b a certain
promissory note, of even date herewith, payable to the order of second party in Thirty (30)
successive annual installments of principal, the first installment of principal bei~ig
,
i due and payable on the first day of July , 19 75, with
interest from date of said note payable as and at the rate(s) provided in said note, all of which and su- c~
other terms, conditions, and agreements as are contained in said note will more fully appear 6y reference
; thereto, which note is made a pazt of this mortgage to the same extent as if it were set out in extenso
~ I~ercin.
This mortgage secures (I) the promissory note abov~e recited; (2) all future advances as hereinafter provided for, that
subsequendy may be made to fust party (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
' shem), to second party now due or to become due under the terms of this inswment, 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 aa evidenced by abov~e described note, and for I
better securing the payment thereof to second party, according to ihe termc of said note, and the performance of the
' conditions and covenants herein contained and to secure any other indebtedness of fust party to second party as
contemplated under the terrtu hereof and also in consideration of the sum of One Dollar to fust party in hand paid by second
~ party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fee simple, and by these presents
i 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, fixtures and improvements now and hereafter thereon:
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~ The Northwest 1/4 and the Southeast 1/4 of Section S,
~ Township 37 South, Range~38 East, St. Lucie County,
Florida, containing 329.2 acres, more or less.
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