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FA-1 Flotitl~ Moitp~e (laa~ty,1914) lladivisusl aad CarpoatioN ±
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THE FEDERAL 4AND BANK OF COLUMBIA '
MORT~iAC;E LOAN N(1. F 88-1-1202183-1 ~
THIS 1NDENTURE, made thia 14th day of February ,19 77 , by and
between Ji~ G. Russakis, a/k/a Ji~ Russakis and Shei-la F. Russakis, his Mife, both
of St. Lucie County, Florida ~
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he~einaftex -
caUed first party, whetha one or more, a~d The Fedenl Land Bank of Columbia, of Columbia, S. C., a
corporation or
ag~ni~ed, chartered and existing pursuant to the lawa of the United States of Amaica, -
heteinafter caUed socond party, WITNESSETN, ihat, #
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WNEREAS. firat party is indebted to second pairty in ihe principat sum of ----Fifty-Four ~
Thousand and no/100------------- DoUua ---54, 000.00--). as evidenced by a ce~tain
promiss~ry note, of even date herewith, payable to the order of second pa~ty in 'llrenty-Five (25) .
sueeeaaive annual instaUments of pcincip:l, the first inatallment of principai being
due and payable on the First day of February , ~g
int~ from date of said note payable as ~nd at the rate(a) provided in said reote, all of which and auch
othcr terms, conditions, and agreen?enta as arc contained in aaid note will more fuUy appeu by refercnce
thereto, which nott ia made a part of thia morigage to the same extent as if it were set out in extenso
herein.
This mort~e seeura (1) tha promitsory nota abov~e nated; (2) aU fut~ue dvanae~ u hereiaaftec pcov~ed for, tlzat
sub:equeat~y may be eiade to lh~t party (or to iay one a nare of the putia desisnsted berein u firt pauty with the
written oonsent of the nmiinder of taid parti~) by ~eoond ~rty; (3) all other indebudnea of fust puty, (a oae a more of
them). to ~eoond p~ity now dut or to beoome due undcr the tecros of thi: instrumeat, the sboMe recited nota. aay future
sdv~na note, or otha evidenea of iadebtedne~ secured hereby ~nd al! renewal:, reamortjzation,s, axtea:io~n:. deferments or
od~ rarcuyemenb of sny indebtedness ucuced hereby. W~et6er with interat thereon u provided fa.
NOW, KNOW ALL MEN. that fua party, in considention of the debt u evidenad by above d~ed note, and for
better securin~ the payment thenof to secoadguty , according to the temn of :aid note, and the pedom~na of the
oonditior~ wd oovenants henia oo~taiaed md to secure ~ay other iadebtedat~ of fi~t puty to ~eooad puty as
ooutemplated undar tbe ternis hereof aad a[so ia oomideation of the sum of One Dollsc to Grst puty in tiaad p~aid by ~eooad
P~Y. reoeipt wir~reof a herebY ackiwwledg~d, hss granted, bsr~ia~, wld and nka~a~d, ia fae u?d by thae preseats
does ~rarit. bug~in. seU aad reka~e, in fa simpk, uato :eoond party, its wcoesaors and s:sig~n:, the dtowing descn'bad Ladt.
indudins but aot lim~ted to, all trea, ti~nber. shrubbery, fixtures and improvements noa aad heraafter thenon:
The"North 304 feet of the Northeast 2/4 of the Southxest 1/4, LESS
- the East 70 feet thereof; and the North 1/2 of the North 1/2 of ~
the NorthMest 1!4 of the SouthMest 1/4, L~SS the Mest 80 feet thereof;
_ and ALSO the South 1/2 of the South 1/2 of the Southeast 1/4 af the
NorthKest 1/4, LESS the East 70 feet thereof. -
ALL in Section 3, Township 34 South, Range 39 East, St. Lucie
County, Florida.
This instruaent prepared by:
° Jaaies L. Beck, President
P. 0. Box 1546
Lakeland, Florida 33802
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