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HomeMy WebLinkAbout0987 MORTGAGEDEEO , . RAMGOFORM RE~O ' TO CON?01~A71oN /MOM INDIY~DUwI ~ ~ THIS IS A BALLOON MORTGAGE ~ ? ? ?:.r~~~~~1 ~hP 16th ~Qy o~ April A. 1). ~v74 by O. R. Minton and Shirley Ann Mintpn, his wife, co-partners d/b/a under the firm name and style of INDIANOLA GROVES F~er~ina~fer ca~~ec~ Ihe morfga~or, fo FLORIDA BANK AT FORT PIERCE a corporafion existinfl uncle~ fhe ~aw~ oj the $tate o~ Florida , u~ifR ils permanenf postof~ice ' ~dd~es: a~ P.O. box 3469, Fort Pierce, Florida ' hereinaJler callecl ihe morfgagee: (Nl~emrr used 6rrcis tLe terea "mon~asor'• and ••mortRasee" iorlude all the puties to J~a iaatrumest a~d tAe kin. ~ k~al r~prexowi~es and auisns ot individw6. aed tAe wccc~s aed a»iRos ot CqpO(atM91: and tAe urm "wtr•• "i includn all tAe autes 6erein dexriEed it more tlua oee_) . ~~tn~Q~~ fhat Jor good and valua6le c~onsiderations, and also in conaideration oJ the ags~re- t gate sum named in !he promissory note oj even tlate hereu~ith, I~ereinaJter described, tke mortgagw here- 6y grants, 6argains, sells, n~iens, remisea, conveys anc~ con~irms unto tl~e mortgagee all tl~e cerfain lant~ of w~ic~ 1{~e morlgaQor is now seized and in posse~sion situafe in St. Lueie Counfy, F~oricra. i~iz: _ ~ PARCEL 1: { , East 1/2 of the Northeast 1/4 of Section 27, ' Township 34 South, Range 39 East; LESS rights of way for drainage canals and public roads. ? s ~ PARCEL 2: The Northwest.l/4 of the Northwest 1/4 of Section 22, Township 34 South, Range 39 East; LESS rights of way for drainage canals and public ~ roads . s i ~ i ; THIS IS A BALLOON MORTGAGE ~ r - This mortgage shall also secure the payment of any future advances or loans that may be made by the mortgagee to , the mortgagor at any time within ten years hereafter 1 even though no indebtedness is outstanding hereunder, provided that the maximum principal amount of monies so ~ secured shall not exceed $375,000.00 at any one time and provided further that such advances or loans shall be - evidenced by separate instruments to invoke the terms hereof . . o ~ - ~y ti; ~ THIS IS A BALLOON MORTGAGE ~ ~ i f ii1 ~~r, ~ ~ jt~~; ~ ~ , ~ ~ Y~ ; J ~ ~ - . '~~s!s~`~"~j. ~ ~ ~YME1'~ df TAX~ r` y~ ~r~S!' ~d-t~L ° ~ i . .;r.~y p ~1 ' / Q IN ~t RpRf.R ~ : , , y ~ i'~ I 'i~ ~ ~G~ ~ QE~~j P ~n ~ f y~v - . ~ I: ~ fiE(~yVfp C ~NZ ~G1qlE ~15 Of lyi ~ f,f'Lh c-, ~ W a' z O~11E~~~p ~NAP~ ~ ~ ~3fj _ Z.> x P1! ~ gj. ? i i.~~ ~`~J ~ W'" = CIitG~~j ~ tt~i o?~ Q7;- a_ ~ 4 U1~ ^lii~i~"~ ~ £ .rf S Z Q ~ ~ ~a.+~' li~CtE :o.y'Y { ~ ~ rCG~?~U 's:I'i ~ ~ G ' f ^ ~ ~:3U y~