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Home My WebLink About0635 ~ 31'~'i843 ~D ~ i - I FA-1 Flaida Me~tp~e (1anr~y.19?I) (ladividwl sAd Cotporntio~ THE FEDERAL LAND BANK OF COlUNR3iA ~~g ~NSrRUMFNT w~s PREPAke~ f NI1RY FRANCES DEWELL. P. O. 80X 14 COLUMBUI. SOUTH CAROLIIWq 292p2 ~ MORTGAGE LOAN NO. F 1-1201805-1 ( THIS INDENTURE, madc thie 23rd , ~y of Septembes ,1975 , by and between A. Wallace Moore, Jr. aad vife, Blisabeth S. Hoore, of Montgomery County, Merqland ~ hereinafter called first pazty, whether one or morc, and The Federal I.and Bank oi Columbis, of Columbia, S. C., a corporation organized, chartered a~d existing pursuant to the laws of tlie United States of i~nerica, hereinafter called second pazty, WITNESSETH, that, WIiEREAS, first pazty is indebted lo second party in the principat sum of . Three Hundred ~tenty Thousand Dollars (s 320,000.00 as evidenced by a certain promissory note, of even date herewith, payable to the order of second party in ~4renty Five (25) successive ~Annuel installments of principal, the first installment of principal bein~ due and payable on the First day of ~~~~~r , 19 76, with ~ interest from date of said note payable as and at tl~e rate(s) pmvided in said note, all of which and such ~ other terms, conditions, and agreements as are contained in said note will more fully appeaz 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) aU future advances as hereinafter provided~for, that subsequendy may be rmde to Cust party (or to any one or more of the parties designated herein u fust puty with the written consent of the remainder of said puties) by seoond puty; (3) aU other indebtedness of fust puty, (or one or more of them), to seoond party now due or to beoome due under the tern~ of this instrument, the above.recited note, any futun advance note. or other evidence of indebte~ness secured hereby and all renewals. reamortizatioas, extensions~ defertnenta or other rearrangements of any indebtedness secured hereby, tog~ether with interest thereon as provided for. NOW, "KNOW ALL MEN, that fust party, in consideration of the debt as evidenced by abov~e datcribed note, and for better securing the payment thereof to second puty, according to the tert~u af said note, and the ~edormat~oe of the conditions and covenants herein oontained and to . secute . any other indebtedness of fu:t p~rty to aeoond garty as contemplated under the terms hereof and also in conaideration of the sum of-One Dollar to fust party in hand paid by aeoond _ party, receipt whereof is hereby acknowledged, has granted, barg~ained, sold and released, in fee simple, and by these presents ' does grant, bugain. sell and release, in fet simple. unto second puty, its wcces'ots and assig~u, the following described lands, ' including but not limited to, all trces, timber, shrubbery, fixtures and improMements now and hereafter thereon: TRA~T I: Lots 6, 7, S, and 8 of Block 2 of McDTURLIN FARl~S being a sabdivision recorded in Plat Book 4, page 56, Public Becords of St. Lueie Count.y, Florida, contaiaing 40 acres, more or less, in St. Lucie County, Florida. Together with easement for ingress and egress from Sam D. llauney and wife, Marie I . Mauney, dated September 9, 1975, and recorded in 0. R. Book 244 , page 386 , ~ lpublic records of 9t. Lucie County, Florida. I~TBACT II: The South 1/2 of the SW 1/4 of the S~T 1/4 of Section 17, Tawaship 35 South, ~Range 39 Sast, eacepting therefrom the West 44 feet thereof, St. Lucie County, Florida_ containing 20 acres, more or less. TRACT III: Tracts 2, 3, 6, and 7 in Section 26, Tainship 33 South, Range 38 East, ~according to the last general plat of the lands of Indian 8iver Farms Companq, filed in the office of the Clerk of the Circuit Court of St. Lucie County, Florida, in Plat Book 2, page 25; said land now lying and being in Indian River Countq, Florida, con- itaining 158.7 acrea, exclusive of the 1.30 acre tract described i~ediatelq hereafter. LBSS AND EXCEPT all rights of way of record for drainage canals and public roada. ~AND LESS AND BXCBPT ~Com~ence at the Northeast corner of said Section 26, thence North 89 degrees 39 minutes 17 seconds West 1395.69 feet, thence_South 24 degrees 58 minutes 17 seconda East 55.31 ~feet to the South boundarq line of Oslo Road and the point of beginning, thence South !89 degrees 39 minutes 17 seconds Bast 39.59 feet, thence South 00 degrees 28 minutes I46 seconds West 89.78 feet, thence North 85 degrees 42 ainutea 43 seconds iiest 1305.73 feet to the South boundary line of Oslo Road, thence South 89 degrees 39 minutes ~7 ~seconds Bast 1263.26 feet to the point of beginning, containing 1.30 acres, m~ore or less. ;TBACT IV: The North 3/5 of Yarcel No. 1 of ST. JOHN'S DRAINAGE DISTRICT, IINIT N0. 4, ~according to the plat thereof recorded in Plat Book 7, Page 25, Public Becords of Indian ~River County, Florida; LESS canals and rights-of-Way, containing 62 acres, lying and ~being in Indian River County, Florida. ~ This mortgage is executed in DUPLICATB, each of which shall be deemed an origiaal, one ~of which is being filed for record in the Public Records of St. Lucie County and the lother is being filed for record in the Public Records of Indian River County, Florida. ~ ~ ° R 244 PACE 635 ~ BOOK ~ r - - - - : . ~ ~ _ ~-._t ~ ~ _ . - _.~s ~