The URL can be used to link to this page

Home My WebLink About0276 i , ~ ' - - - {'A-1 Fbrida Mwtpao lAu;uri. 1970) (Individual and Cocpotation) THE FEDERAL LAIVQ BANK OF COlUMB1A ' ~ ; MORTGAGE LOAN NO. F~-_1~,~1.~-~__ ; hl ~ . ~ TtiIS INUF:NTURE, madc this ~O ~ dayo uf ~-):~~.~h~ , 19 75, L~• and betw~~en Flava Fanns, Inc. ~I ~RA1SE'`~ t • ~ aur t `~a°~"~~~" j ~ i~aDs- i~3-GYO/-D~oafB i- .~av y- 3ai •~/-p0~ hcrei~~af ter i called first party, whether one o~ more, and The Federal Land Bank of Columbia, of Cotumbia, S.G., a i corporation organized, chaztered and existing pursuant to an Act of Cor~gress, entitted the Federal Farm Loan Act, l~ereinafter calted second pazty, WITNFSSETtI, that, ~f _ \~'IiEREAS, fitst pazty is indebted to seeond pazty in ihe Nrincipal sum of---one Hundred and ~ ;i ~ Sixty Thousand and no/100------------DoUazs 160,000.00 as ~~~denced }~y a certain 'j . i~ ~romissory note, of even date herewith, payable io the order of second party in Taenty (20) ~ successive anr.ual instatlmcnts of principal, the first installment of principal being due and payableton the First day af June , 19 77, with , I i~ interest from date af said note paya6le as and at tlie rate(s) provided in said note, all of which and such other terms, conditions, and agreements as aze contained in said note will more [ully ap-~eaz 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. ~ :I This mortgage secures (1) the promissflry note above recited; (2) all future advanoes as hereinafter provided for, that subsequendy imy be made to first pacty (or to any one or more of the parties designated henin as firat party with the written consent of the remainder of aaid partiea) by second party; (3) all other indebtednesa of fust party, (or one or more of them), to second party. now due or to beoome due under the terms of this instrumeat, the abov~e recited note, aay future advana note, or other evidence of indebtedncas secuted hereby aad all renewals, reatnortizations. extensions, defetments or i! other rearnngements of any indeb~edness secuced hereby, together with intereat thereon as provided for. i ; NOW, KNOW ALL MEN, that fust puty, in conaideration of the debt as evidenced by above descnbed note, and for . better secu~ing the paymeat thereof to sernnd puty, according to tbe terms of aaid note, and the pedorn~ana of the conditions and covenanta herein oontained and to secure my other indcbtedness of first party to second party ss oontemplated under the terms hereof and also in con:ideration of the sum of One Dollu to ficat party ia hand paid by aeoond ~ 'j party, receipt whereof is hereby acknowlsdged, has granted, bugained, sold and nleased, in fee simple, and by these presents ~ dces graat, bug,aia, sell and release. in fee simgle. unto seoond party, iu wcassors and assigns. the foIIowing described lands, including but not limited to, all trees, timber, shtubbery, fixtures and improvements now and hereafter thereon: ~TRAGT NO. 1 The g 1/2 of the N 1/2 of SW 1/4 of Section 4, Township 3~ South, Range 38 i ; East, subject to a roadway easement over that.part thereof lyinq within 30 ; ; feet of the center line of aa existinq road running Northerly-Southerly ' near the East side thereof, said road center line being described as ~ follows: Begin at the South quarter corner of said Section 4, run thence ; NortherZy to a point 49 feet East of the North quarter corner of said • Section 4. _ ` And that part of the NW 1/4 of SE 1/4 of Section 4, Township 37 South, Range ~ 38 East, lying West of the center line of an existinq road running I~brtherly ;i Southerly near the west side thereof, said road center line being described , as follaws: Begin at the South quarter c:~rner of said Section 4, run ~ ;i thence Northerly to a potnt 49 feet East of the North quarter corner of said Saction 4; subject to a road-way easement over that part thereof lying within 30 feet.of the center line of said existinq road. _ Heing part of the same premises described as Tract No. 1 in deed to Dorothy Huff Stevens recorded in Official Records Book 12, paqe 530 of St. Lucie County, Florida, as corrected by deed recorded in Official Records Book ~ i 28, page 208. ~ • ~ ~ 'TRACT NO. 2 The SE 1/4 of~NE l/4 of Section 5, Township 37 South, Ranqe 38 East. ~ i i Beinq the same premises described as Tract No. 2 in deed to Dorothy Huff Stevens recorded in Official Records Book 12, paqe 530, of St. Lucie i County, Florida. ~ ~ ~EXCEPTING FROM TRACT NO. 2 ~ , The North 1/2 of the East 1/2 of the South 1/2 of the I~ 1/4 of Section 5, i Township 37 South, Range 38 East, situate, lying and being in St. I,ucie ~ County, Florida. ~ ~ ~ 'ITRACT NO. 3 The Northwest Quarter (NW 1/4) of the Southwest Quarter (Sf~ 1/4), of Section 4 Townshi 37 S uth R ~ , i Florida. ~ rP ; _ _ z~ _ : . ~ ,