HomeMy WebLinkAbout0214 ~ 49324 ~ l ~ .
FA-1 Florida MottpBe (June, 1978) (ladividud sad Coryoratioa)
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THE FEDERAL LAND BANK OF COLUMBIA
MORTGAGE LOAN NO. F 94-0-1178540-1
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~ THIS INDENTURE, made this 7th day of December ,1979 , by and ~
between W b W GROVES CO., INC.
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hereinafter
called first party, whether .one or more, and The Federal Land Bank of Columbia, of Columbia, S. C., a
corporation organized, chutered and existing pursuant to the laws of the United Staten of America,
I hereinafter called second party, WITNESSETH, that,
~ WIiEREAS, first poly is indebted to second poly in the principal sum of Four Hundred Eighty
Three Thousand and 00/100---------- 483,000.00
------'Dollus as evidenced by a certain
promissory note, of even date herewith, payable to the order of second poly in Twenty Five (25)
successive Annual inataUments of principal, the first~installment of principal being ;
due and payable on the First day of August :1981, with '
I tntereat from date of said note payable ~s and at the rite(s) provtded to said note, aU of whrch and such
f other terms, conditions, and agreements as are contained in said note will more fully appeu by reference
thereto, which note is made a part of this mortgage to the same extent as if it were set out in extenso ~
'f herein. F
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'Ilsis mortgage secures (I) the promissory note above recited; (2) aU future advances as hereinafter provided for, that
wbsetiueatly m.y be made to fort poly (or to any one or more of the parties designated herein as fast party with the _
i! written consent of the remainder of said parties) by second party; (3) all other indebtedness of fast party, (or one or more of
them), to seaogd party now due or to become due under the tenor of this instrument, the above recited note, any future `
~i advance note, or other evidence of indebtedness secured hereby and all renewal:, reamortizatioas, extension:, deferments or
other reurangemeau of nay indebtedness secured hereby, together with interest thereon as provided for.
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NOW, KNOW ALL MEN, that fu~st party, in ooasideration of the debt as evidenced by above described note, and for
better securing the payment thereof to second poly, aa;ording to the teens of said note, and the per[otmario>; of the
i conditions and covenants herein contained sad to secure any other indebtedness of first party to second party as =
j ooatempLted under the teens hereof and also in consideration of the sum of One DbWr to fast party in hand paid by second
party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fee simple, and by these presents 2
' does grant, bugain, sell and release, in fee simple, unto second party, its suceesson and assigns, the following described lands, ;
including but not limited to, all trees, timber, shrubbery, fixtures sad improvement: now and hereafter thereon:
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!l SEE ATTACHED
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t Exempt from documentary stamp taxes and Intangible taxes, as
mortgagee is an instrumentality of the Federal Government.
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j RECEIVED 1N~yE ~X Ht ?AY1u!ENT Of TAXES
DUc 8!i CLcSS 'C' IRTRNG"BLE 1.SOiI:.I P~:OiEKTT, ,
PURSUABT TO c.HAPTER 71-~=4, ACTS OF 1111.
3 ~•I R06ER POITRl15
~ i CLESK t#1tXST COURT, 3T. W taE CO. t~ ~ N'
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- ~F11S INSTTtUMEAT PREPARED t3Y
i RODNEY R. ROUNTREE
nR ~ ~ FEDERAL LANG 6ANK ASSOC. OF ORLAN00
d~QK ~ ti17 N. Garland Ave, Orlando, Fla. 32E01