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l~~1-1 f~loiiils Murtgage lAugust. 1970) Undividwl and Cotporation)
~ ' THE FEDERAL LAND BANK OF COLUMBIA ~p~,
MORTGAGE LOAN NO. F 012009481 ~~~~`~p j
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1'HIS INI)~:iVTUltls, ~i~ade this 16th day i?f October , 19 73, b~ a~id ~
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IK~t~v~•cn Randolph A. Hearat and wifa, Catheriae C. Hearst of Los Angeles Countq, ;
, California ~ . ~
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hercinafter
! calle~d firsi ~~arty, whclhr.r on~• ur mure, and The Hederal l.and l~ank of Columbia, of Columbia. S.(:., a
~ curporation organized, chartcred and ~•xisting pursuanl to an Act of Congrcas, entitled the F~deral Farm i
~ l.oan r~ct, hcrcinaftrr callcd sccond party, \1'1TNH:SSETtI, ihat, ~
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~ N'l1ENEAS, first party is indcbted to s~~cund pariy in thc prineipal siun of ~
~i One Hundred ~taenty Thousand------------- Uollars (E 120,000.00 as cvidcnced b}~ a c~~rtain
' promissory note, of even date herewith, pa~~able to tiie ordcr of second party in Ttaenty Five (25)
successive annual instalimcnts of principal, the first installment of principal bein~ j
~ due and payable on d~e first day of April , 1975, ~~•ith ~
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interest from date of said noie payable as and at the rate(s) pruvided in said note, all of which and such '
other terms, conditions, and agreements as arc contained in said note will more futly appear by reference
thereto, khich note is made a part this mortgage ta the same extent as if it were ~t out in extenso
I~ercin.
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
written consent of the remainder of said parties) by second party; (3) all other indebtedness of fust party, (ot one or more of
lllCiii}, t~ s~:co~?d party nou due oz to becQme elu~ under !he term~ of this instrur~nt, 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 6rst party, in consideration of the debt as evidenced by above described note, and for ~I
better securing ihe payment thereof to second party, according to the terms of said note, and the Qerformance of the ~I ~
conditions and covenants herein contained and to secure any other indebtedness of fust party to sernnd party as ;
contemplated under the termt hereof and also in consideration of the sum of One Dollar to fvst party in hand paid by second ~
Na??y, ~ec~;p: :~hrse3f :s ::~:ab~ ae~~e~~es3ge~, has grantec~, hargained, 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 limited to, all trees, timbec, shrubbery, fixtures and improv~ements now and hereafter thereon: ~
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Blocks I t6rough 4 and 27 thrnugh 34, both iaclusive, of INDRIO GROVES, as per plat in ~
; Plat Book 12, page 48, pub2ic records of St. Lucie Couatq, Florida, together with all ~
^ rights sad easeoents appurtenant to safd lands aad in particular, those set forth in
iastrum~e»ta recorded in O. R. Book 72, page 656 and 0. R. Book 88, page 477, public ;i ;
r records of St. Lucie County, and sub3ect to the obligatioas aad easements set forth `
~ . aad granted in said instrum+ents. ~
~ Said lands, cantaining 160 acres, more or less, are situate in St. Lucie Couaty, ~
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~ Q~HIS INSTRIt~,~ ~G~~ i
~ E~~T VqS PREPAREp 8Y
3 MARY FRA~:r,~~ ~r« p. O_ 80X 2499
' FOIUM.CsiA. ` . i+?1 CAROLINA 2920Z
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