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HomeMy WebLinkAbout1105 a~i'798:1 FUTURE aDVA. CES ~I~ E . ROVIDED FOR HEREI\. FLORIDA, ST• County. In constderauon of and to secure all axtspng tndebtedttew of RnhPrt: T _ L~.1~L~P,~c'11'ld T~jr~ R • Li t'1f1SE?o , Bormrrcr whether one or morct. to F6RMFt?C Produetton Credit Assoaation. Lender, and all advances that may he made by Lender to Borrower wttAin twenty .roan from the date of this mortgage, with tntere.t thereon ~ the total pnnnpal amount secured hereby not to exceed at am one time ~~*F'~~ SIX ~~~A DOIai.,AR.S AND ~ (~=5~**~**~***~****** Ibllan ~i 46,000.00 ~ t, l:ndentgned has granter[, bargatnea, sold and conveyed, and by these presenter does hereby grant, bargain, ;ell and convey unW Lender, its successors and ....tgns, the following descrtbtd land.. to ~t T])~i P_ l'ounty. Flonda o Zhe N 1/2 of the SW ],/4 of the SW ],/4 of Section 2, Zbwriship 35 N South, Range 39 Fast, LESS the South 41.19 feet thereof and IESS the West :.S 48.5 feet thereof for canal r3.g~t-of-way. Subject to a 15 foot in®r~ess s w " ~ ' and egress easement adjacent to said canal rig}~it-of~aay. Zbgether with ~ < i, the entire 1979-80 citrus crop theron. L: a c` ~ W / V it3 ~ z o ~ F LEO AND E t ~.DEO r ui =1~. IUCIE ti ? Y FLA. u ~ ~1' RO G = ~ r, $ ~ Received • ~ ~ In P'eyment Ot Taxet r a r ~ CLERI: ;;:r.i DOUR ~ ~ RECOR^ r~ = Ir t 0 Oue On CIAS3 "C" Intangible Personet propwrh'~ e,. H pursuant To Chapter 71, 134. Acts Ot • 971. ~ s ~ 2 Y~ PA )~J ROGER POITRAS 9-~ .J tai ~ r N rta.>, Circuit Coup. St. Lucie. Co., F1~. ~~~r together with ail and singular the tetieinrnt;, hrrrduament.. and eppurtrnaricex thereunto heloriginp or to amwt;r appenainmg, and the rents, true-i and profit; therNf A default under thie mstrunient or under arse other tnstruriient heretofore er hereaRer executed by liorrovrer and or Cndrragned to Lender, or a default by horro~•er andor Cnder;tgned under an.' in:tntment•:~ cvn+trtunng a Iien poor to the Iten of thix inirumer.t. shall at the opnun+tf Lender coaitttutr a default under am~ one or more, or all mstn.ments executed b>• Hormw'er and or Coder>igned to Lender. TO HAVE ~~D TO HOLD the satJ properly unto I.endrr. tie succe+.on and a.;st¢tL;, in fee ample forever. ' 11iis mortgage is rxet'uted pursuant to section ti9: Flonda :itatutr.. a; amended. to secure agncultural ioc,ns and loan= of am• other character This mortgage shall al_w .ecvrc all dt;bursrments that may be made M Lender for tares, levies. or tnsurantr on the property herein descnbed, with interest thereon- The hen of thu mortgage ,Hall not be terminated or otherwt;e aRectrd dunng a penod of twenty wean from the date hereof by repayment m full, one 'n: more times, of all indebtedness then out: wndtng unlen; this mortga¢e ;hall be formally rcka.;ed or dixharged of recoru F-ru„ue'f. $uu~r7:. that of at any time dunng twenty veara from the date of this mortgage there be no indebtedness outstanding of Borrower to Lender. and no obligation of Lender !.o make any F,:rther advances to Borrower. Lender will. upon wntten nyurst of ndenigned. a:ecvte and deliver to Cndenigned a satufactiun of thu mortgage The existing indei+tedness and all advances that may he made hereunder arc, and will he, evidenced by notes. all of which are hereby exprcssh made a part of this mortgage- ~ In the event Lender betoirirs a party to am legal proceeding excluding an action to foreclox thte ,nortgage or to collect the debt hereby ;ecured~. tmulvtrig tAis mortgage or the prcmtse~ drenbed hereto •including Fiiit not limited to the title to the laude deecnhed hercin~. Lender may also recover of l"ndrt<tgtted ardor Borrower all eo.t,~ and exprn~ rrannably inavrred by Lender, including a reasonable atwrnev': fee. wh,ch cotta. experxs and attorney ~s fee .when Paid by Lender ;hail become a part of the debt secured herchc and ahall he immedtateh• payable upon demand. end -hall draw interest from the date of.idvancr M~ Lender until paid a[ the highest rate provided m arrc note or other instrument ;rcurtwl hereby ~I ~TMe provi.uin:.. lean., rnvenanu. coridiunn:, nhiigation.., power. and other content: <et forth in section B. except paragraph l 1, and iectron C m that Nlarit ur ~ta,ter Form .,f ~lortga¢e \0 1 of FtA' ~ Prnductton t'rrdit .~..vutauon. ~ rec+m:ci m !Ae ,HTice of the C:erk of the llrtvtt ('port of .St • Lucie l'ounty. Flonda. m ~tort¢a,te iLwk ~-84 i i~ p,1Qe 2847 -are hercl„~ mrntpurated M reference end made a par .f flit: marument a. d -rt forth herein in extrn-,,t Receipt of a cop.' of =a:d ~1:;-ter Furm i. heresy acknowledged M Coder-ignrl EXEI'l?ED. ~E~LED .~\D DELIVERED. flit; ~i-t'f: day of NOVPlOhP-T' , t9~ ~IQ FtiTL; RE ROVII)ED FOR HEREIV. e ~ - ~igned. ~raled and (kite ed in the pre?enct of . ?1. ~ Robert J. Lindsey .L - L k~ B. Lindsey I. s - • ACK~i'OWLEDG:ViENT FOIL INDIVIDUALS 1 FLORID y« ~1~~-y%Ct~C~1~.-- ~ County . I HEREBI• l'ERTIFY. that on this date. before me.:he undersigned uTicer. appeareo~ ~]hPY•1' T T it'1[~SPy ~_jar,>^n ~ i.in~~e,~.~ hi S tri fP . per;onall known to me rn be'he indiciduai•±~ deccnbed in And ~.'hi. executed the foregoing :nswrrunt. and :,cknowiedYed !hat Q . e:tcuted the ame freer and voiunwrly (or the purpo.es therein expre.srd ~ ~ ~L~w~~}fY~and and efTicial -eat, thu ~ day ~d ~ ` 10 . . , • ~ ~ RECORD AI~!t'~ RETURN TO 1lotary Public, State o lorida at large i' _,i`~ ~ _ Dad:C:F! l s•~'Nt~lfLL ?ay Commission Expires Au 18, 1981 • - 979'GE/::::LArlD GLV,. le, : " • VERO BEACH, FLORIDA 329Sd `t~ '~t;~t~.ts,~lt t~ F.\YIFtE~ Shp .s:e e,inir