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FUTURE
ADVANCES rIAY BE MADE A3 PROVIDED FOR HEREIN.
FLORIDA, RZVBR & ST. ICE County.
to cottstderation of and :o s.ettrc all existing indebtedness of t J. I.itYiBey , 8Y1d Ly[a1 B. L32ba8E'y ,Borrower •
.whether orte or ttare+, to I~A1~/?1~ Produaioa Credo .~ssociatian. Lender,
and all advances that may be made by Lender to Borrower within twenty yeah from the date of tlrts mortgage, antA tntereat thereon t the toy! printtipal amount
secured hereby tatntoMescsed at any one nme
Dollar .3 71.000. ~ t t. Undentgned.he_s Rranted, barKatned. +old and conveyed, and by these prustrtts does hereby grant, barytam. sell and '
convey unto !.ender, tts suceessora and Ailtgna, the fOlbwtnq described lands m TT1r~i':In RiVi>r ~ St= I]r_i p County. Flortda_
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7150
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, yE,~sE.4~, fI~ 328 ~ _ = _ _
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paid on the amotnt of the - _ ' - ` - ~ ~ ~ ~
dote - $25,000.00. - _ _ , . _
together w•tth all and'strytular the tenements, heteduamrnts. and appurtenances thereunto beiongtnq or in anywise appertaining. ant! the rents. t..sues and
profits thereof.
A default under this tn_.trument or under am• other tnstrutnent heretofore or hereaRer executed by Borrower andor l; nderwgned to Lender. or a default
ba• Borrower andor llndcrxigned under any instturncnus~ mnstituuntt a lien poor to the lien of this tnstrument. shall at the option of Lender -on3tttute a
default under any one or more. or all instrument+ a:crated by Borrower andor L'nderstKned :a !.ender.
TO HAVE ~\D TO HOLD the said prttpeitc unto Lender. itc ,uceeswrs and a~igns, to fee simple forever.
This ttmrtgage u executed pursuant to Section ii9: t?t Florida Statutes, as amended. to secure agritultural loans and loan, of any other eharaaer =
This mortgage shall also secure all disburxments that mad be made by Lender for taxes. !cute+. or insurat?ce tin the property hereto described, with interest
:hereon. The hen of this mortgage shall not bt terminated or otherwise affected during a period d twenty year from the dote hereof by repayment in full, one z
or ~rc times, of all indebtedness then outstanding unless this mortgage shall be Cormally rckaced or discharged of record Proctde.'• A.>targrr. that if at cry
erne during twenty cean from the date of this mortgage there be no mdebtedne~; outstanding of Borrower to Lender. and no obligation of Lender to make an:
F,uther advances to Borrower. Lender will, upon written request of t ndersigtied. execute and delia-er to Understgrted a satisfact?on of this mort;age. The existing _
ittdcbtedness and all advances that may be made hereunder are. and well be, evidenced by motes, all of which arc hereby expreseh made a part of this mortgage.
in the event Lender becomes a party to any legal proceeding ~excludiriit an action to [oreclax tht_s mortgage or to eolltet the debt hereby seeured+.
'I mvolcing thu.mortgage or the premises described herein ~iticluding Itut not !imrted to the title to the landi described hereto+. Lender r:u. also recover of
L'nderstgned andor Borrower all aroe+t_s and expenses rea..onabl_a• incurred by Lender. indudinq a reasonable atwrttey's fee, which costs. ecpenses and
attorney's fee when paid by Lender shall bernme a pan of the debt secured hercbc and :hall be tmmediateh payable upon demand, and shall draw interest from !
the date of advance tn~ !.ender until paid at the highest rate provided to any note or other instrument secured hereby
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The provisions, terms, rnaenants. conditions. obhgattoru, power and other concerts cat forth in Seaton B. except paragraph t L. and Section t' in that
Blank or Master Form of ~lortgage \o. I of ri ProdiMion Credit Assoctauon.
recorr.'tsi m the ~>Rnr of the Clerk of the l'ircvit Court of It]didLl River' County. Florida. in ~lortgaKe Book 362
505 St. Lucie i 184
P~qe .are hertrliy incorporated M reference and made a part of this instrument as if set forth hereto to ectenso ~ Receipt nl• a asp} of
c:ttd ~lasier orm is hereby' acknowledged by l.'nderstKnawi
EXECUTED. SEALED- A\D DELIVERED. thcs 10th day of Jule . 19
. FL'TLsRE
~DV:1~iCES ~tAY BE MADE AS PROVIDED FOR HEREI`.
~i;ried. Sealed and Debvered in the presence of •
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~L. S.~
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1, ~L. S.
} L B. Lindsey . L s
ACIC\tOV~LEDGI~IENT FOR INDIVIDUALS
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FLORIDA, .dl/K-~~~~-~ `vim VCounty.
I HEREBY l'ERTIFY. that nn this ddte. before me. the unaerstgned ofTicer. appeared `7 • ~~7 ~ 3
i
1 R= I~$Q~_ ~S ~fQ - . per+ona!ly 'mown to me w he the tndivtdual s+ described to anc who executed the fo:egomg
instrument. and ackraw!edged that ~ executed the :ante Rer« a, voluntarily for the put•pa+es 'hereto expressed.
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•n ~ rv fyj?a and uiTioai <eal, chic / / ~ yda ~•f_ -
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;1 ~ ~~T'4'' Rotary Public. State at Flo, da at Large
NI• ' Li tee' ~ Nly Cnmmi;;ion fxpnes Aug. 18,19b1
-i ~ 'J' L$~~e: ! dR >11~ t t),l~ll~~it)\ E:\PIKE~
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