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FA-1 Florida Mortgage (Junr, 1978) (Individual and Corporation)
~ THE FEDERAL LAND BANK OF OOLUMIBIA
MORTGAGE LOAN NO. F 88-1-1202845-1
THIS INDENTURE, made this 5th day of October ,19 79 , by and
between Hermosa Groves,.Inc., AFlorida Corporation having its principal place of
business in Indian River County, Florida
hereinafter
called first party, whether one or more, and The Federal Land Bank of Columbia, of Columbia, S. C., a
corporation organized, chartered and existing pursuant to the laws of the United Staten of America,
hereinafter called second patty, WITNESS£TH, that,
` WfiEREAS, first party is indebted to second party in the principal sum of --Eighty Five Thousand
And No/100-------------------------------dollars 85,000.00-----}, as evidenced by a certain
promissory note, of even date herewith, payable to the order of second party in Twenty-Five (25)
~ successive annual installments of principal, the first installment of principal beirtg
I~ due and payable on the 1st day of August ,19 8l, with
interest from date of said note payable as and at the rate(s) provided in said note, all of which and such
other terms, conditions, and agreements as are contained in satd note Mall 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 extenso
herein.
This mortgage secures (1) the promissory note above recited; (2) aU future advances u hereinafter provided for, that
~ subsoquently may be made to first poly (or to 'any one or more of the parties designated herein u first party with the
~ written consent of the remainder of said parties) by second parry; (3) all other indebtedness of fast party, (or one or more of
them), to seonnd party now due or to become due under the terms of this instrument, the above recited note, any future
advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizations,ex~ensions, deferrnents or
other rearrangements of any indebtednes: secured hereby, together with interest thereon u provided for.
~ NOW, KNOW ALL MEN, that fast party, in consideration of the debt as evidenced by above described note, and for
i better securing the payment thereof to second poly, according to the terms of said note, and the performance of the
conditions and cotenants herein contained and to secwe any other indebtedness of lust poly to second poly as
eontempLted under the terms hereof and also in consideration of the sum of One Dollu to fiat party in hand paid by second
{ poly, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in foe simple, and by these presents
~ does grant, bargain, sell and release, in fee simple, unto second party. its successon and assigns, the following described lands,
j i{ including but not limited to, all tress, timber, shrubbery, fixtures and improvements now and hereafter thereon:
~ i The West of the Southwest ~ of Section 4, Township 34 South, Range 39 East, less and
y `i excepting rights of way for roads and drainage canals, containing 74 acres, more or
i ' less. Said lands lying and being in St. Lucie County, Florida
p~ i
l iI THIS INSRUMENT Brr !
i lateral no 8aak Asaociaiion of teke1i11t---'
Peat attics Box 151b
Lakeland, Florida 33802
Rtcr;L~~ tlyoAtC-ExeypTlu *~'.7.'•'_.`,• vF TAXES
CLFAK G.:~G.~ LL:ir S, ~L :9., FLq,
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