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HomeMy WebLinkAbout0295 • 4'71~~'73 / I i ~ FA-1 Florida Mortgage (June, 1978) (Individual and Corporation) ~ THE FEDERAL LAND BANK OF pOLUMBIA MORTGAGE LOAN NO. F 88-1-1202928-i TH1S INDENTURE, made this 26th day of December ,1979 , by and between Charles T. Cooper and Emily I. Cooper, his wife, both of St. Lucie 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 States of America, hereinafter called second party, WITNESSETH, that, t WHEREAS, first party is indebted to second party in the principal sum of-Forty One Thousand And No/100-------------------------------0ollars(~ 41,000.00-----} as evidenced by s~certain promissory note, of even date herewith, payable to the order of second party in Twenty-Five j successive annual instaQments.of principal, the first installment of principal being due-and payable on the 1st day of November ,1981, with interest from date of said note payltble as and at the rate(s) provided in said note, aU of which and such other terms, conditions, and agreements as are contained in said note will more fully appear by reference j thereto, which note is made a put of this mortgage to the same extent as if it were set out in extenso I~ herein. I This mortgage secures (1) the promissory note above recited; (2) all futwe advances as hereinafter provided for, that subsequently may be made to first poly (or to any one or more of the parties designated herein u fast party with the written consent of the temain~er of said polies) by second poly; (3) all other indebtedness of first 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 j) advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizations, extensions, deferments or III other rearrangement: of any indebtedness secwed hereby, together with interest thereon as provided for. I NOW, KNOW ALL MEN, that fast party, in consideration of the debt as evidenced by above described note, and for ~ better securing the payment thereof to second poly, according to the terms of said note, and the performance of the conditions and covenants herein contained and to secwe any other indebtedness of first party to second party a: j contemplated under the terms hereof and also in consideration of the sum of One Dollar to fast party in hand paid by second f party, receipt whereof is fiereby acknowledged, ha: granted, bargained, sold and released, in fee simple, and by these presents i dots grant, begun, sell and release, in fee simple, unto second party, its successors and assigns, the following described lands, I' including but not limited to, all trees, timber, shrubbery, fixtwes and improvements now and hereafter thereon: The South of the South i of the Southeast a of the Northwest ~ of Section 17, Township 35 South, Range 39 East, less the East 43.5 feet for canal right-of-way and being in ~ii St. Lucie County, Florida. Containing 10 acres more or less. { n~is IMS111u+~+T~It:~~wED ear: i ~ P Y.:.•'.... hit u ,i / 'j ~ ' / 'I - ~ c ~.,~J i i Recervad • in Payment Of Tatcas Ow On Clssa "C" inyrpibN Parsonat Pnopsrq, ~ '11rMIMK To Cttaotar 71.114. Asp Of 1p~7~. ~ lIOOEA pOA~ rti( Clerk Cbeuit 11. ',I ~t LrMI` Qlb ~ ~K3z3 P~ z9s j ~ -