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Home My WebLink About0055 - - - - - . ; - - - - - - - - - - ; I FA•1 Fbcida Mortp~e Uanuuy. i97~)(Individwls~dCorporatan) ~ . ' TNE FEDERAL LAND BANK OF COLUMBIA ~ q9~so ~ MORTGAGE LOAN NO. F s7-4-o3702149-1 . I TlI1S 1NDENTURE, made tl~is 17th day uf March , l9 78 , by and ! between Otis P. Clemons and Ida M. Clemons , h i S w i f e, ' hereinafter caUed first pazty, whether one or morc, and The Federal Land Bank of Columbia, of Columbia, S. C., a corporation organized, chartered and existing pursuant to the faws of the United States of America, ~ hereinatter called second party, WITNFSSFTi~, that, h ~ ~ WIiEREAS, tirst party is indr.bted to second party in the principal sum of THREE HUNDRED FIFTEEN i ~ THOUSAND AND NO/100----------------------Uollars 315, 000. 00 as evidenced by a certain ~ i~ promissory note, of even date herewith, pa~•able to the order o! second party in THIRTY (30) I? successive ~ annual instaliments of principal, the first installment of principal bein~ ~ due and payable on the lst day of March . , 1980 , with E !i interest from date of said noie payable as and at tl~e rate(s) provided in. said note, all of which and such other terms, conditions, and agreements as are contained in said note will more fully-appear by reference ' thereto, which note is made a pazt of this morigage to the same extent as if it were set out in extenso ~i herein. - ;i . ii This mortgage secures (1) the promissory not~ abore recited; (2) all future advances as hereinafter provide~ for, that ' subsequendy may be made to fust party (or to 'any one or more of the parties designated herein as fint party with the written consent of the remainder of said parties) by seoond party; (3) aU other indebtedness of first party, (or one or more of them), to second party now due or to become due under the terms of this instrument, the above recited note, any future j~ advance note. or other evidencx of indebtedneu secured hereby and all renewals, reamortizations. extensiona, deferments or i; other rearrangements of any indebtedness secuted hereby, together with interest thereon as provided for. i~ ; ~ NOW, KNOW ALL MEN, that first party. in consideration of the debt as eviaenced by above described note, and for better securing the payment ther~of to second puty, according to ihe terms ot said note, and the performance of the conditions and covenants herein contained and to secure any other ~indebtedness of first party to xoond party u contemplated under the terms hereof and also in consideration of the sum of One Dollar to first party in hand paid by second puty, receipt whereof is hereby acknowledged~ tws granted, bargained, sold and released. in fee simple, and by these presents does grant, bargain. sell and release. in fee simple, unto second party, its successors and assigns. the following described lands, ' including but not limited to, all trees, timber, shrubbery, fixtures and improrements now and hereafter thereon: ~ i ~ - ~ Fsom the S.W. Corner of Section 10, Township 37 South, Range 37 East, St. Lucie ' ' County, Florida, run N 0°25' E alonq the West line of said Section 10 a distance R of 2496.0 feet to the center line of Bluefield Road; thence run S 22°13'30" E ! !i along the center line of Bluefield Road a distance of 639.68 feet to the P.O.B.; ~ ~ thence run S 65~28'SO" W a distance of 110.05 feet; thence run S 54~35'S0" W a ~ distance of 2776.4 feet; thence run S 35d34'S0" E a distance of 3508.9 feet; thence ~ run S 59~06'10" W a distance of 6159.71 feet to the South line of Section 16, 2bwn- ~ ship 37 South, Range 37 East; thence run S 89°45'26" W along said South line 724.10 ~ feet to the S.W. Corner of said Section 16; thence run N Oo00'16" E along the West line of Section 16 a distance of 5320.75 feet to the N.W. corner of said Section 16; ~ thence run N 0°57'18" E along the West line of Sec*_ion 9, Township 37 South, Range 37 East a distance of 2660.71 feet to the ~S Section Corner; thence run S 89°55'24" , E along the ~C Section line a distance of 5252.64 feet to the Center line of Bluefield Road; thence run 5-22~13'30" E along the Center line a distance of 809.56 feet to ~ the P.O.B. Containing 722.405 acres. ~ ~ ALSO: The E~S of E~ of Section 17, Township 37 South, Range 37 East; and the S~ of ' E4 of E~ of Section 8, Zbwnship 37 South, Range 37 East, St.~Lucie County, Florida ~ and containing 240 acres. ~ t~ . ;~s , - Rse~lved • ~.Q 1i ~~l~ . Pa1m'~s~+ 01 Taxp Oue On Class "C" tntenpibb Personal Prcpehy, ~ oursuant To Chapte? Tl. 134. Acts Qf 1971. ~ ROGER P017RAS ~ C~s•* Cncuit Court. S~ Luci~, Co., Fla, ~ ~ ~ ~ ~HrS Jq15~U~~F.,~lr ~EF~?P~D B i~." ~ ! E. M 5v~r,vE.e. ~'Q ~Q~ 5~ ~ ' P.O. Bnx 7~5' ~DDK ~ ~ OKF..F_LirIDdEF Fc. 3~ ~TZ, ~ l , - - ~ ; ~ ~ ~ ~ r~~~~~* -,~~C . _ . . .i ~~~~~~r~'^~. ''~~'~'fr"~;'r_Y, ~a r-Y s - _ . ~ - - C~~~-. .a . `~`2~~