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FA-1 Florida Mortpge (lure, 1978) (Individual and Corporation)
THE FEDERAL LAND BANK OF OOLUMBIA
MORTGAGE LOAN NO. F 88-1-1202837-1
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THIS INDENTURE, wde this 19th day of October ,1979 , by and
betwcen Strazzulla Bros. Co., Inc., a Florida corporation
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 States of America,
hereinafter called second party, WITNESSETH, that, `
Wl1EREAS, first party is indebted to second party in the principal sum of
Five Hundred Fifty Thousand and No/100 Dollars 550,000.00 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 being
I due and payable on the First day of October + I9 81,
I interest from date of said note payable ss and at the rate(s) provided in said note, all of which and such
other terms, conditions, and agreements as are contained in said note will more fully appear by reference
thereto, which note i8 made a part of this mortgage to the_same extent as if it were set out in extenso
herein.
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This mortgage secures (1) the promissory note above recited; (2) all future advances as hereinafter provided for, that
subsequently may be made to fast party (or to any one or more of the panties designated herein as first party with the
written consent of the remainder of ssid parties) by second party; (3) all other indebtedness of fast party, (or one or more of
them), to second 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, extensions, deferment: or
other rearrangements of any indebtedness secured hereby, together with interest thereon as provided for.
NOW, KNOW ALL MEN, that first party, in consideration of the debt as evidencxd by above desp~ibed note, and for
better securing the payment thereof to second poly, according to the terms of :aid note, and the performu?ce of the
conditions and covenants herein oontsined and to secure any other indebtedness of first poly to second party as
oontemp4ted under the terms hereof and also in consideration of the wm of One Dollar to first party in hand paid by second
party, receipt whereof is hereby acknowledged, ha: granted, bargained, sold and released, in fee simple, and by these present
j does grant, bugain, sell and release, in fee simple, unto second party. it sucoesson and assign:, the following described lands,
including but not limited to, all tress, timber, shrubbery, fixtures and improvement now and hereafter thereon:
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The South 1/2 of Section 29, EXCEPTING the East 2,030 feet thereof containing
200.51 acres, all in Township 37 South, Range 39 East, also described as all of
jl Block 3, of the plat of ALAN WILSON GROVES, recorded in Plat Book 12, page 50 of ~
the public records of St. Lucie County, Florida.
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THis instrt;r~er.t Res ~r~rarAd by
a(aiy Frarc.~s ' . . r ~ 499
Columbia, Sautti Caro:ina ~cy~~d i
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