Loading...
HomeMy WebLinkAbout1829 , ,v , ~~s .T-~li.l~__-~~__ - - - - 2 i FA•1 Fbrida MoriP~e Uanuuy,1974) (ladividual and CapontaN ~ i THE FEDERAL LAND BANK OF COLUMBIA ` ~ ` MORTGAGE LOAN NO. F 1-1201318-1 2~4393 ; . 28th da of ~~rch , 19 74 , by and ; THIS INDENTURE, made this Y „ ~ be~tween Cecil T. Cameron, F. Thom Runberger, Nalter A. Cerrato and C. R. McCotter, I Jr., joined by their respective wives, Dorothy H. Cameron, Constance D. ;j Rumberger, Mary R. Cerrato and nonna McCotter. ~ 'I ~ ~ hereinafter ~ :i caUed f'vst pazty, wheiher one or more, and 1'lie Federai Land I3ank of Columbia, of Columbia, S. C., a ~ corporation organized, chartered and existing pursuant to the laws of the United States of America, ~ ( hereina[ter called second party, WITNESSETIi, that, ~ i ' ' R'f~EREAS, first Narty is indebted to second party in the principal sum of ~~Tttree Huadred----- ~ 315 000.00 ) as evidenced b a certain ~ ----Fifteen Zhousand-------------------- Dullazs ~ + ~ promissory note, of even date herewith, payable to the order of second party in ltaenty (20) successive Annual installments of principal, the fi~st instaUment of principal bein~ ~ due and payable on the First day of July , 1975 , wilh ~ interest from date of said note payable as and at tlie rate(s) providcd in said note, all of wfiich and sueh ~ oiher terms, conditions, and agreements as aze contained in said note will more fully appear by reference ~ thereto, which note is made a part of this mortgage to the same extent as if it were set out in extenso , herein. ~ ~ 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 partiea designated herein as fust party with the z written consent of the remainder of said parties) by seoond party; (3) all other indebudness of fust party, (or one or more of ~ them), to second party now due or to become due under the ternu of this insttument, 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 u provided foi. NOW, KNOW ALL MEN, that first party, in consideration of the debt as evidenced by abov~e dsscribed note, and for A better securing the payment ther~of to sernnd party, according to the ternu of said note, and the performance of the conditions and covenants herein contained and to secure any other indebtedness of first party to second party as I' contemplated under the terms_hereaf and also in consideration of the sum of One Dollar to first party in hand paid by second `k party, receipt whereof is hereby acknowledged, has granted, bugained, sold and released, in fee simple, and by these presents I does grant, bargain, sell and release, in fee simple; unto second party, its sucoessors and assigns, the following described lands, ~ ' including but not limited to, all trees, timber, shrubbery, fixtures and improvements now and hereafter thereon: ~ ~ ~ ~~i trac~ of laad lying in.iownship 37 Soutr of Kange 37 ~ast in SC. Lucie County, _ ~ ~lorida, raore particularly described as follo~~~s: ~ ; - ` ~ Co~?encing at the southwest corner of Section 10 in Township 37 Soutn of Range 37 East ~ ' in St. Lucie County, Florida, run thence I:orth 0 degrees 25 minutes ~ast ~ith the west ~ ; line of said Section 10 a distance of 2,496.0 feet to an intersection ~th the center ~ ~ , line of Bluefields ~oad (a county roa3) run thence South 22 degrees 13 rainutes 30 seconds ~ x+ ;'sast with said center line a distance of 639.68 feet to t he Point o f Beg in n i ng; ~u n ~ r~zence South 22 degrees 13 ninutes 30 seconds ~ast a distance of 515.I2 feet with the ~ center line of said Bluefields ~oad, to a point; run thence South 35 degrees 36 ninutes ~ SO seconds East with said center line of Bluefields Road a distance of 3,201+.85 feet ~ to a~oint which is also an intersection with the property line of land presently oR~ned I ~ ~y i-ir. Phil~i.p Inglehart; run thence South 59 degrees 06 minutes 10 seconds West witn , ~ ' said property line a distance of 2,776.4 feet to a concrete r,onuiaent; run thence i:orth 35 degrees 34 r~I.nutes ~0 seconds i~:est a distance of 3,508.9 feet to a conerete aonu- ~ ! r~nt; run thence ;dorth 54 degrees 3~ ~iinutes 50 seconds East a 3istance of 2,776.4 ~n ~ feet to a concrete nonument; run thence ;iorth 65 debrees 28 ~u.nutes SO seconds East a ~ I,clistance o£ 110.05 feet to an intersection with the center line of Bluefields ~:oad, ~ ' vhich intersection is the Point of ~eginni.ng; and containing 231.4 acres, nore or less, - ` i TOGEI~~R with an ease~e.nt grantin~ the right to expell and drain excess surface water ` over and across Section 15, Tac~~nship 37 Soutii, ~.ange 37 East. This ~Jeed is aiven sub- _ ',~ect to an easement in perpetuity for the ri~nt of cray for Bluefields °oad. - u:~ ~ u S. (~oJ. ~ , ~ ~ ~ ;;_.w`~ ~ rJ ~w ~p,p,~YM p~l~' ~ y::~ YVFA TN~~~"~` s~ 1911. ~4 ; a:= 5 P.~ acC '~i i~ ~ 11-~' ~ ~ O . 3 , F ` Di~ ~~`~jp C11f~`~E ppCtill?~ FV?• ~ ~R511~~ ~i~ :j, 1~1C1E THIS lNSTRUMENT WAS PREPARED BY C~~`' . ~YiARY FRANCES ~EWELL, P. O. BOX 1499 ~ C~ ~OLUNBIA, SOUTH CAROLINA 29202 ~ ~~'t a=~~: = ~ ~ ~ ~ - ~ ' ~r~: ~ _ _ ~ ~A ~ - ~ ~ , . - ; ~ _ _ - . r t~ _ ~ . _ ,