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FA-1 Florida iNortgaje (June, l978) (individual and Corporation)
THE FEDERAL LAND BANK OP COLUMBIA '
MORTGAGE LOAN NO. F 88-1-65¢063-1
THIS INDENTURE, made Chia Sth day of February ,19 80 , by and
between Charles V. Padrick, III and Rebecca Ann Padrick a/k/a Rebecca R. Padrick,
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 Utited States of America, i
hereinafter called second party, WITNESSETH, that,
WHEREAS, first party is indebted to second party in the principal sum of Thirty-Two Thousand
and no/100----=--------------------------Oollars (=32,000.00-----~, as evidenced by a certain
promissory note, of even date herewith, payable to the order of second party in Thirty (30)
successive annual installments of principal, the first installment of principal being
due and payable on the 1st day of December ,19 81, 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
C thereto, which note i8 made a put of this mortgage to the same extent as if it were set out in extenso
herein.
Teti: mortgage secures (1) the promissory note above Hated; (2) all future advances as hereinafter provided for, that
subsequently may be made to first party (or to my one or more of the parties designated herein as fast party with the
11 written consent of the rerrtairt~er of said parties) 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 tenor of this instrument, the above recited note, any futon
i advance note, or other evidence of indebtedness secured hereby and all renewals, reamortizatiom, extensions, deferments or
I! other rearrangements of any indebtedness secured hereby, together with interest themon as provided foe.
NOW, KNOW ALL MEN, that fast poly, in oonsidetttion of the debt as evidenced by above described note, and for
better securing the payment thereof to second party, according to the terms of said note, and the perfortnanoe of the
conditions and covenants herein contained and to secwe any other indebtedness of fast party to second party as
oontempbted under the terror hereof and also in consideration of the sum of One Dollar to fast party in hand paid by second
party, receipt whereof is hereby acknowledged, has granted, bargained, sold and released, in fee simpple, and by these presents
does groat, bargain, sell and release, in fee simple, unto second party, its sucoesson and assigns, the foUovving described hinds,
j including but not limited to, all trees, timber, shrubbery, fixtwes and improvements now and hereafter thereon:
The East 97.23 feet of the West 291.69 feet of the East 511.15 feet of the North 115
j feet of Lot 222, WHITE CITY, as per plat thereof on file in Plat Book 1, page 23, of
J the Public Records of St. Lucie County, Florida, being otherwise described as Lot 11,
Block 3, of an unrecorded plat of BROOMS-TIOGA SUBDIVISION.
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