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FA-1 Floridt Yoitp~e (lanuary.1974) (ladiridwl aad CapaatioiJ ' A
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THE FEDERAL IAND BANK OF COLUMBIA
MORTGAGE LOAN NO. F 88-1-1202670-1
~ THIS INDENTURE, made this 18th day of June ,19 7g , by and
between Robert H. Cook, Jr. and Hurley R. Rountree, Jr., both of Indian River County,
Florida -
hereinafter
called ~'irst party, whethet one or more, and The Federal Land Bank of Columbia, of Columbia, S. C:, a
I corporation organized, chaztered and existing pursuant to the laws of the United States of Am~ica,
hereinafter called ~econd party, WITNFSSETH, that,
WI~EREAS, first party is indebted to second party in the principal sum of One Hundred Eighty
Thousand and No/00-=-----=-------------- DoUazs 180,000.00----), as evidenced by a certain
promissory note, of even date herewith, payable to the order of second party in Twenty (20)
successive annual installments of principal, the first instaiiment of principal being
due and payable on the lst day of Apri 1 , 1981,
interest from date of said note payable as and at tlie rate(s) provided in said note, aU of which and such
other terms, conditions, and agreements as aze contained in said note will more fully appear by reference
thereto, which note is made a put of this mortgage to the same extent as if it were set out in ~ztcnsa
~ herein.
~ This mortgage secures (1) the promissory note above recited; (2) all future idvanoes as hereinafter provided for, that
subsequendy may be made to fust puiy (or to any one or more of the puties designated herein aa first puty with the
written conse~?t of the remainder of szid putia) by seoond puty; (3) all other indebudnas of fust pury, (or one or more of
them), to seoond party now due or to beoome due under the tern~s of this instrument, the above recited note, any future
~ advarta note, or other evidena of indebtedneu secuced hereby and all renewals. reamortizations, extensiona, defermenta or
j other rearrangements of any indebtedness secund hereby, together with interest thereon u provided for.
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~ NOW, KNOW ALL MEN, that fast puty. in oonsideration of the debt as evidenad by abov~e described note. and for
better securing the payment thereof to sernnd party, according to the terms of uid note, and the pedormana of the
oonditions and covr~ants herein oontamed and to secure any other indebtedness of fu:t garty to seoond puty aa
; oontemplated under the terr~ hereof and also in comideration of the sum of One Dollar to fvst party in lund paid by seoond
~ party, reaipt whereof is hereby acknowledged, haa granted ~ bazgained, sold and released ~ in fee simple, and by these presents
~I does grant, bugain~ sell and rdease, in fee simple. unto second party, ita successon and assigns, the following described lands.
i~ including but not limited to, all traa. timber, shrubbery, fixtures and improvements now and hereafter thereon:
; The North ~.of the Northeast ~t of Section 22, Township 35 South, Range 38 East subject
~ to rights-of-way recorded in the Public Records of St. Lucie County, Florida, contain-
! ing 77.57 acres more or less.
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