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HomeMy WebLinkAbout0904 ~ _ X55946 4y36i3 1' - 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_ t7C3 ~p O SEE E R I'~ +.~QZ~1Q~ i~ f*1~`r- 1 xc~ ~ oZv • 7~~'J p~0 1 m -t~_ ~ ! O-i ~ t~ W TNiS li:S?~~--';iT L''S F"~~rgy~ CY• CN R' C~ G. CY. 'J:: E A"ES~ t?c'IT _ . - FdR~;l:r» i~R ~3.,'.,i.Cti C?.:SIT rS",r t ~ • _ - ~ 7150 20t5~S~~ , yE,~sE.4~, fI~ 328 ~ _ = _ _ ` : ~ - Ji:i 17 i{ , 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 f 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 • - ~ L S~ J. ~L. S.~ . [ 1, ~L. S. } L B. Lindsey . L s ACIC\tOV~LEDGI~IENT FOR INDIVIDUALS f~ 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. i g ~ •n ~ rv fyj?a and uiTioai <eal, chic / / ~ yda ~•f_ - ,r as ;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~ • G s 3 ~ iici?-a4t w a~ - - .