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USDA-FmliA ~s,t,on s ~ ~
Form FmHA 427.1 FL Tn. ro.m of this instrdrf?Mt`~ras drafi•al,y~lNi•Offic• of the
(Rtfv, 2-15-78) G•n•ral Counsel of the t,nit•d Slates awrim•nt of Agricul• Re•~l~ri~
lure, Washington, D. C., and the material in the blank swces
in tt1• fwm was inserted by a under tM dirKtiOn of h
Abstract 6 Title Corporation-of Florida ~~~5~
(Name) _
P. O. Box 3696, Ft. Pierce Fla. 33450
' (Address)
REAL ESTATE Ir10RTGAGE FOR FLORIDA
THIS MORTGAGE is made and entered into by FRSDDIE K, TI)>r<118R atld LOB8T11A Tt18NS8, his wife _
residing in $t • Lucia County, Florida, whose post office address
is 38A1 Avenue M. , Ft, Pierce ,Florida 33450 ,
the mortgagor(s), herein called "Borrower; ' and the United States of America, acting through the Farmers Home Admin-
. istration, United States Department of Agriculture, the mortgagee, whose principal office is looted in Washington, D. C.;
herein called the "Government," and:
WHEREAS Borrower is justly indebted to the Government as evidenced by one or more certain promissory note(s) or
assumption agreement(s), herein called "note; ' which has been executed by Borrower, is payable to the order of the
Government, authorizes acceleration of the entire indebtedness at the option of the Government upon any default by
Borrower, and is described as fogows:
i A f
rm„d Rate Due Date o Final
Dote of lnstn,mrnt Principal Amount o Interest lrutaUment
f
September.22, 1977 21 400.00 8X September 22 2010
Febrtary 5, 1979 2,00.00 8 3/4'b ~ February 5, X012
u-s
j ~ w PArilEI1T of TAl(~s
RECEIYEp f ~ E PERSMtAI pwpPERTY,
{ 011E OM Cl. C' 11(TtJtY~
` PURSUMi Tr1 HAPTER Tl•ISI, t~C1s ~ UT6
THIS MORTGAGE IS RE-RECORDED TO poSER POlill~ pti
INSERT FIRST MORTGAGE INFORMATION. a-RK auwT Co1NtT, sT. t,OCIE a, `
s
Md the note evidences a loan to Borrower, and the Government, at any time, may assign the note and insure the
payment thereof pursuant to the Consolidated Farm and Rural Development Act, or Title V of the Housing Act of 1949;
I Md it is the purpose and intent of this instrument that, among other things, at all times when the note is held by the
Government, or in the event the Government should assign this instrument without insurance of the note, this instrument
shall secure payment of the note; but when the note is held by an insured holder, this instrument shall not secure payment of
the note or attach to the debt evidenced thereby, but as to the note and such debt shall constitute an indemnity mortgage to
4 ,secure the Government against loss under its insurance contract by reason of any default by Borrower:
Md this instrument also secures future advances made within twenty (20) years from date hereof to anyone herein
celled Borrower when evidenced by a note or notes covering loans made or insured under Subtitle A of the Consolidated
Farm and Rural Development Act or Title V of the Housing Act of 1949, provided the total principal indebtedness of the
original and future loans shall not exceed S ~
S~'
~ ~ ,subject to the same terms and condition regarding
the assignment of said notes hereinabove provided and all references in thu instrument to the "note" shall be deemed to
include future notes.
[Vl)~l', THrREFORf • in cc~nsi.{eratiun ~~f the loan's; an,{ "a~ at all times when the note is heh{ b}• the Go+•ennncnt, or in
the crept the Guvcrnnunt should assign this instrument ++•ithout insurance of tfic pa,~mcnt of the note, to secure prompt
pa}•ment of the note and any renewals and extensions thereof and an)• agreements contained therein, including any provision
for the payment of an insurance or other charge, (b) at all times when the note is held oy an insured holder, to secure
performance of Borrower's agreement herein to indemnify and uve harmless the Government against loo under its insurance
contract by reason of any default by Borrower, and (c) in any event and St all times to secure the prompt payment of all
advances and expenditures made by the Government, with interest, at hereinafter described, and the performance of every
covenant and agreement of Borrower contained herein or in any suppkmentary agteeme,it, Botrot+rer does hereby grant,
bargain, sell, convey, mortgage, assign and forever warrant unto the Government the following property situated in the State
of Florida, County(ies) of $t. Lucie
~ BARK E1884 9t)RR d FmHA 427-1 (Rev. 2-15-78) ~
n d
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