HomeMy WebLinkAbout1939 F/1-1 Florida Mortpje (June, 197x) (ladividual and Corpontioa) '
THE FEDERAL LAND BANK OF WLUMBIA J
MORTGAGE LOAN NO. F 88-1-1202936-1 }
THIS INDENTURE, made this 8th ~,y of January ,19 80 , by and ~
between William H. West and Nancy West, 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 lawn of the United States of America, '
hereinafter called second party, WITNESSETH, that,
WHEREAS, fast party is indebted to second poly in the principal sum of--Forty-Five Thousand
And No/100-------------------------------0oUus 45,000.00-----~ as evidenced by :certain
promissory note, of even date herewith, payable to the order of second party in Fifteen ~
successive annual installments of principal, the fast installment of principal being
due and payable on the 1st day of August ,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 are contained in said note will more fully appear by reference. ~
thereto, which note is made a part of this mortgage to the same extent as if it were set out in exteneo t
herein.
This mortgage secure: (1) the promissory note above recited; (2) all futtue advances as hereinafter provided for, that
wbsegnently may be made to first party (or to my one of more of the polies designated henin as fast party with the ~
written conseat of the remaintjer of :aid parties) by second party; (3) all other indebtedness of first party, (or one or more of t
them), to second patty now due or to become due under the tenor of this instrument, the above recited note, any future _
advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizatiott:,sxtensions, deferment: or
other reurangemenu of any indebtedness secured hereby, together with interest thereon as provided for.
' NOW, KNOW ALL MEN, that fast party. in consideration of the debt as evidenced by above descrt~ed note, and for
better securing the payment thereof to second party, according to the terms of :aid note, and the performance of the s
conditions and oovenartb herein contained and to secure say other indebtedness of firt party to second party a:
oontempLted under the terms hereof and also is ooraidention of the wm of One Dollar to first party in hand paid by second
party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fa sim~, and by-these praenb
~ doe: grant, bugatirt, sell and release, in fa simple, unto second party, it: successors and assigns, the allowing destxibed hmd:,
including but not limited to, all trees, timber, shrubbery, fixtures and improvement: now and hereafter thereon:
`I The South ~ of the SWIt of the SW~ of Section 18, Township 35 South, Range 39 East, less
~ the West SO feet thereof, containing 19.36 acres, more or less.
~ rt u P ~cP IED Bw
( ?eder~l rA flank llrsoustgn of tale
j~ Post OtfKe Bo: 1546
taxdcnd. Florida 33x02
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