HomeMy WebLinkAbout2626 i ~ ~i ca,a~3
~ 88-1-1201441-1
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i FA-1 Florida Mortgage Uanuuy,1974) ll~dividwl and Cotporation)
' THE FEDERAL LAND BANK OF COlUMB1A 28SQ49 .
MORTGAGE LOAN NO. F~-1201441-1
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I TH1S INU~NTURE, ~nadc this Seventh day uf June , 1974 , by and
1 between Paul H. Le£fmann and Theo H. Leffman, his wife, of Cook County, Illinois
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hercinaf ter
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called first pazty, whether one or more, and The Federal Land Bank of Columbia, of Columbia, S. C., a
I corporation organized, chartered and existing pursuant to the laws of the United States of America,
~ hereinafter called second party, WITNESSF.TN, thai,
'I \~'NEREAS, tirst party is indebt~~d tu second party in the principal sum of One Hundred Thousand -
~ and no 100---------------------------- Uollars as evidenced b a certain •
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_ / (E 100, 000. 00 y'
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promissory note, of even date hcrcyriU~. pa~~able to the order of second party in Twenty-Five
successive Annual installmenis of principal, the first installment of principal bein~
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due and payablc on thc First day of July , 19 75, ~th
interest from date of said notc payable as and at tl~e rate(s) provided in said note, all of which and such
other terms, conditions, and agrecments as are contained in said note will more fully appear by reference
thereto, which note is made a pazt of this mortgage to the same extent as if it were set out in extenso
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This mortgage secures ( I) the promissory note above recited; (2) all future advances as hereinafter provided for, that 4
subsequently may be made to Cust 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 seoond party; (3) all other indebtedness of Fust party, (or one or more of
' them), to second pacty now due or to become due under the terms of this instrument, the abov~e 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 first Rarty, in consideration of the debt as evidenced by above described note, and for =
better securing the payment thereof to second party, according to the terms of said note, and the performance of the °
uonditions and covenants herein contained and to secure any other indebtedness of fust party to second party as ~
contemplated under the terr~u hereof and atso in consideration of the sum of One Dollar to first party in hand paid by second ;
' party, receipt whereof is hereby acknowledged, has granted, bazgained, soid and released, in fee simple, and by these presents ~
dces grant, bargain, sell and release, ue fee simple, unto second party, its successors and assigns, the following described lands, ~
including but not limited to, all trees, timber, shrubbery, fixtures and improvements now and hereafter thereon: ~
j Tract No. 24, Plat of UNIT TWO, UNITED GROVES, according to the =
j Plat thereof, as recorded in Plat Book 12, at Page 54 of the =
~ Public Records of St. Lucie County, Florida. Said lands containing
~ 69.21 Acres more or less, located in St. Lucie County, Florida. _
~ This instrument prepared by: -
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. Clyde M. Johnson, Jr: ~av - ~
Post Office Box 1090 .
Lakeland, Florica 33802 '
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