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FA-1 Florida Mort~e Uanwry.1974) (Individwl and Corpcuatio~
THE FEDERAL LAND BANK OF COLUMBIA .
MORTGAGE LOAN NO. F 1-120~912-1 .
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i TH1S 1NDENTURE, made this 23rd day of September ,19 75 , by utd
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between Sunsweet Groves, Ine., a Florida corporation, having a principal place
i of business in Indian River County, Florida
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hereinafter
called first pazty, whether one or more, and The Federal Land Bank of Columbia, of Columbia, S. C., a
~ corporation organized, chartered and existing pursuant to the laws of the United States of America,
hereinafter called second party, R?ITNFSSEI'H, that,
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; W1iEREAS, fust part~ is indebted to second party in the principal suin oP
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~ Five Hundred Seventy Six Thousand------- Dollars 576,000.00 as evidenced by a certain
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~ promissory note, of even date herewiih, payable to ihe order of second party in ~,aenty (2Q)----------
successive installmerits of rinci al. the t"ust insiallment of rinci al bei
Annual P P P P ~
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.E a~.. ,.c ~__~__L_.. to .~,,:±ti
uua. aiiu ~n~auaa, via a~a~. riaa6 ~u~ ~c~a.cuusca
interest from date of said notc payablc as and at tiie rate(s) provided in said note, aU of which and such
~ other terms, conditions, and agreements as are contained in said note will 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 in extenso
~I herein.
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This mortgage secures (1) ttie promissory note abov~e recited; (2) all [uture advances as hereinafter provided for, that
subsequendy may be made to first party (or to any one or more of the parties designated herein aa first party with the
written consent of the remainder of said puties) by seoond party; (3) all other indebtedness of firat party~ (or one or more of
~ them), to seoond party now due or to beoome due under the temu of this instrument, the abov~e recited note, any future
j advance note, or other evidence of indebtedness secured hereby and aU renewals, reamortizationa, extec?aons, defermenta or
other rearrangements of any indebtedness secured hereby, together with interest thereon as provided for.
~ NOW, KNOW ALL MEN, that fint party, 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 pedormance of the
: oonditions and covenants herein contained and to secure any other indebtedness of fust party to second party as
~ contemplated under the terr~ hereof and also in consideration of the sum of One Dollar to first party in hand paid by second
i pury, receipt whereof is hereby acknowledged, has granted, bargained, sold and releascd, in fee simple, and by these presents
i i! does grant; bargain, sell and release, in fee simple, unto second party, its successors and assigns, the followiag described lands,
~ including but not limited to, all tcees, timber, shrubbery, fixtures and improv~ements now and hereafter thereon:
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E ;PARCEL I: Section 19, Township 36 South, Range 38 East, St. Lucie County, Florida, con-
:~taining 614 acres, more or less, and being subject to all existing rights of way for
!ipublic roads and drainage canals.
IPARCEL II: That part of the W 1/2 of Section 1, lying South of State Road #70 and
~ 'the NH 1/4 of Section 12, Township 36 South, Range 38 East, St. Lucie County, Florida, _
'containing 306 acres, more or less and being sub3ect to all existing rights of way for
'public roads and drainage canals. ~
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~ THIS INSTRUMENT WAS PREPARED BY
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~ ; MARY FR4NCES DEWE~L. P. O. BOX 1499
~ COlUMB1A. SOUTH CAROLINA 29202
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