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HomeMy WebLinkAbout0453 _ - - FA-1 Florida Mattjaae (Jury. 1978) (ladividusl sad Corporation) THE FEDERAL LAND BANK OF OO~UMBIA _ MORTGAGE LOAN t+10. F 88-1-1202779-1 i THIS INpENT'URE, made this 17th day of Sapteaber ,19 79 , by and between Jim G. Russakis and Sheila Russakis, his wife,-both of St. Lucie County, _ Florida. 3 - ha+cirrafter ° called ftrst party, whetLier one a mare, and The Federal Land Bank of Columbia; of Columbia, S. C., a ' corporation or, chutered and existing pursuant to the laws of ,the Untted States of America, herearufter called second party, WITNESSETH, that, - - r ~ WHEREAS, firot-party is indebted to second poly in the principal s~.+m of Fifty-Eight thousand Q and no/100------------------------------ Dollars 58,_000.00---- = as evidenced by a certain v ~ pmmiesory cote, of even date herewith, payable to the order of second party in Twenty-Five (25) V - successive annual in:tallmenta of principal, the first inalaUment of principal being due and payable on the 1st day of _ _ May - ,19 81, with ~ interest fmm date of said note payable as and at the nte(sj provided in-said note, all of which and such s other terms, conditions, and agreements as are contained in sod note will more fully appear by reference ~ .thereto, which note is made a part of this mortgage to the Game extent as if it were set out in extenao ~ hesran. - . ~ 't'his mortg~e secures (1) the promissory note above recited; {2) x11 future advances s: heniaafter provided for, that subsotiuentLy z~ay be made to firrt party (or to any one or more of the polies desigpated herein ss first party with the writtea oosaeat of the remaincjer of said parties) by second party; (3? all other inslebtodnas-of fuu party, or one or more of - them), to seoood party now due or to become due under the tin of this irwtrtinsent, the above recite note, sny firttire advance Hots, or other evidence of indebtedness second hereby and aU renewal:, reamortizatioas, exteaaons, dafermerits or other rearrangements of any indebtedness saaired hereby, together with interest thereon as provided fa. NOW, KNOW ALL MENi, that first party, in ooruidetatioa of the debt u evidenced by above dascxi~ed note, snd for bettor securing the payment thereof to seooad party, according to the term: of said note, sad the perfornisitoe of the conditions and covenants henia ooatained aid to _seaue any other indebtedness of fast party to second party_ss contemphted ands the terms lureof and also in comidentioa of the suns of One Dollar to fast party in hand paid by second party, reosipt arhareol' is hereby acknowledged, has grated. bargained. sold and nlessad, in fee ample, and by these presents does great, bugain, sell and ukase. in fee suapte, unto second party, its wcoessors snd assi~, tba ffallowing de:<xibed inthding but sot Limited to, all tree:, timber, shrubbery, fixttues and improveiaeats soar-and heresRer thereon: TRACT pl: That part of the Southwest Quarter (SM of-the Northeast Quarter (NE 1t) of Section 22, Township 34 South, Range 39 East, lying East of_the following described Line:_ From the Northeast corner of the Southwest Quarter (SM of the Northeast Quarter (NE of said Section 22, run North 89° 19' West along the North Line thereof, 353 feet, thence South l0 08' S0" Mast, 1338.58 feet to a point ranging North 890 14' 45" West at a distance of 358-feet from the Southeast corner of said Southwest Quarter (SM of the Northeast Quarter (NE of Section 22, Township 34 South, .Range 39 East, less road and canal rights-of-way. - _ TRACT d2: The East 10 acres of the Southeast Quarter (SE of the Fortheast Quarter (NE less the East 39.5 feet and road right-of-way for Orange Avenue-(State Road 68) as it now exists; also less and excluding the South 189 feet of the Fast 155 feet of the aforementioned parcel, said lands lying, being and situate in Section 7, Township 35 South, Range 39 East, St. Lucie County, Florida. - ~ 1.hE Gr ~;z UGCUr ~LY~i~U[ ~t `~y 0 l _ ~ $s_?2x•79 4=t~~~~' , t !ii -.t?~ 4aak R?:Ga,3li.a , _ . - c, PB-y = - sn ~ te;_ ~ »ct Gtii:e S~~x 1545 1,8i~Y1~ EiDfaie 33802 ~ - ' - ~ Received s ~ ~ ~ Ot(hoN~ew Pgrsuartt Tat Cha~Aw ».1~A? A~ a,A1+ C - rwasl~ ~ __~~!'T e..~ .