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FA-t Fbcida Martp~e (Januuy.197~) i[ndividutl.ad Gxp~tatioa) ; ; ~ ' ; i~~V
~ THE FEDERAL LAND BANK OF C~LlJM1~lA
• MORTGAGE LOAN NO. F 8$-1-1202753-1
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i THIS INDENTURE, made this 3rd day of January ,19 80 , by and
~ between Richard S. Pike, a married man of Indian River County, Florida
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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, chartered and existing pursuant to the laws of the United States of America,
hereinafter called second party, W1TNE~SETH, that,
W1iEREAS, first party is indebted to second party in the principal earn of One Hundred Tlvelve
Thousand Five Hundred and 00/I00--------- Dollars 112,500.00--- as evidenced by a certain
promissory note, of even date herewith, payable to the order of second party in thirty (30) ~ •
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successive annual installments of principal, the first installment of principal being
! due ar?d payable on the Ist day of July , 1981, 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 aze contained in said note will more fully appear by reference
! thereto, which note is made a pazt 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 fot, that
i subsequently may be made to fast party (or to any one or morn of the parties designated herein as fast poly with the
~ written consent of the remainder of acid parties) by second party; (3) all other indebtedness of fast party, (or one or more of
them), to second poly now due or to become due under the terms of this inswmcnt, the above recited note, any future
' advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizatiorts,exlensions, deferments or
~i other rearrangements of any indebtedness secured hereby, together with interest thereon aa_ provided for.
~ NOW, KNOW ALL MEN, that lust party, in consideration of the debt as evidenced by above described Hots, and for
better securing the payrtlent.thereof to second party, according to the terms of said note; and the performance of the
conditions and covenants herein contained and to secure any other indebtedness of first party to second party as
contemplated under the terms hereof and also in consideration of the sum of One Dollar to fast party in hand paid by second 3
party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fee simple, and by these presents
does grant, bargain, sell and release, in fee simple, unto second party, its successors and assigns, the following described lands,
including but not limited to, all trces, timber, shrubbery, fixtures and improvements now and hereafter thereon:
The SE ~ of the NE the NE ~ of the SE and that part of the SE ~ of the SE ~
dying North of the following described line:
Begin 30 feet East of the SW corner of Section 32, thence run NE along the center
( line of canal to a point 66 feet North of the SE corner of Section 32;
'j All lying and being in Section 32, Township 36 South, Range 38 East, St. Lucie Count
~ Y,
Florida, and containing 118.51 acres, more or less.
SUBJECT TO AND TOGETHER WITH the non-exclusive easements for roads and canals hereto-
fore granted or reserved by W. W. Carlton over and upon the lands described by in-
struments appearing among the public records of St. Lucie County, Florida, as follows:
0. R. Book 12, page 513; 0. R. Book 12, page 522; 0. R. Book 12, page 534; 0. R.
Book 28, pages. 633 through 639; and 0. R. Book 36, page 132.
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~ THIS ISTRUMENT EPAREO BY: -
=rSerat lacy! Bank Ilssouation of V nd
j Post Offiu Box 1596
is~e6~od. Ronda 33ti02 ?
IIKy1Ved 4 ~''"V -
M n Of TtxM
' Ous On Class "C' Intsnplbap~+°roPc,W
°~?~uam To Chapter 71,134, A~q pr 1871, t
ROQEq POt7iiAS
r~ CNCUN Court SL l~ Fly. t
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