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Home My WebLink About2164 ; ~ 1-1201391-1 , T , ~ ~I FA•1 Flaid~ Mortp~e (lanwty.l9'/~) (Indiridual aad Cotpontio~ ~ ;I ' THE FEDERAl. LAND BANK OF COLUMBIA ~i 1-1201391-1 ~~~rJ ,I MORTGAGE LOAN NO. F ` TH1S INDENTUftE, made this Sixteenth ~y of ~"1aY ,19 74 , by and I between 8arnette S. Greene, Jr., and Hariot H. Greene, his wife, of Indian River ~ County, Florida ( ~ hereinafter I j called first party, whethec a?e or more, and '11ie Federal Land Bank of Columbia, of Columbia, S. C., a i corporation organized, chutered and existing pursuant to ihe laws of the United States of America, ' here~naiter caUed second party, WITNESSETH, that, i i - i W1~EREAS, first party is indebted to second party in the principal sum of One Hundred Eighty- , ~ Five Thousand and no/lOD-------- ~ Dollars 185, 000. 00 as evidenced by a certain ' promissory note, of even date herewith, payable to the order of second party in Twenty (20) 'I successive Annual installments of principal, the first instatlment of principat being i! due and payable on the First day of January ,19 76, with I,I interest from date of said note payable as and at tlie rate(s) provided in said note, all of which and such other terms, conditions, and agreements as are contained in said note wiU more fuUy appear by reference thereto, which note is made a part of this mortgage to the same extent as if it were set out m extenso ~I herein. ;i j ;i This mortgage securea (1) the promissory note above cecited; (2) aU future advauas aa heninafter provided for, that subsequendy may be made to fust puty (or to any one or more of the puties desig~eated herein as first puty with the written consent of the remainder of said puties) by s~oond puty; (3) all other indebtedness of furi puty, (or one or mon of I'' them), to seoond pvrty now due or to beoome due under the terms of thia instrument, the above recifed note, any future advana note, or other evidence of indebtedness secured hereby and all renewals, reamortizations, extensions, deferments or other rearrangements of aay indebtedness secund hereby, together with interest thereon as provided for. I'~ NOW, KNOW ALL MEN, that fust party, in consideration of the debt u evidenad by above described note, and for 'I better securing the payment thereof to second party. according to the terma of said note, and the pedormance of the ;i oonditions and cov~enants herein oontained and to secun any other indebtedneu of first party to seoond party u contemplated under the terms hereof and also in consideratioa of the sum of One Dollar to fust puty in hand paid by second 'I party, receipt whereof is hereby acknowledged, has granted, bugained.~aold and released. in fee siraple, and by these presents does grant, bazgain. sell and rekase, in fee simpte, unto second party. ita wccessors and assigns,Zhe following described lands, including but not limited to, all trees, timber, shrubbery, fixtures and improvements now and hereafter thereon: ~ 'f f j Commence at the M~1 corner of Section S, Tormship 35 South, Range 38 east, and run South along the i~est line of said Section S, a-distance of 3,682 feet to the Point of Beginning; thence continue South along the West line of said Section S to the SM corner of said Section; thence run East a distance of 1,320 'I feet along the South Section 2ine to the existing center line of an 80-foot road easement; thence run North along the center line of said 80-foot road easement ~ and parallel to the West line of Section S to a point lying 3,609.50 feet South ,a of the North line of said Section S; thence ruit West along the center line of ,j existing drainage canal, a distance of 1,322 feet to the Point of Beginning. ''i ALSO, the West 1/4 of Section 8, lying North of State Road 68 (Orange Avenue Extension), Tor+nship 35 South, Range 38 East; The above described land lying and ; being in St. Lucie County, Florida, and subject to easement for road drainage and irrigation purposes over the East•40 feet of the West 1/4 of Sections S, and 8, and subject to an easement for irrigation, drainage and water.conservation purposes i over the West 30 feet of Sections S and 8 and over the South 30 feet lying North of ! State Road 68. Said lands-containing 154 Acres more or less. ~ ~ 'i This instrument prepared by: ; Clyde M. Johnson, Jr. ! Post Office Box 1090 Lakeland, Florida 33802 i IN PAYMEN~~~~ i ~ ~l71AS5 ~ 1W1~~~ . i ~ ~ 00, ~ ~ ~ i ~zt? `l.`~7 ~E~'i62 ~ ~ ~ - _ k t E - -s~3'^" . .