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FA-i Florida Monp~e (Jw~e. 1978) Iladividud and Corporatioal
THE FEOERA~ l.ANO BANK OF OOLUAlIB1A
MOqTOAGE LOAN NO. F 88-1-1203231-1
TH1S INDENTURB, made thia 9th ~y of January ,1981 , by and
betweer: Jim G. Russakis, a married man, of St. Lucie County, Florida
I - . hereir-aftu
calted firat puty, whetha one oc more, and 'll~e Federal Land Bank of Cotumbi~, of Columbia, S. C., a - `
corporation organised, chutered a~d exiating pureuant to the lawe of the United State~ of America, ;
hueinafter called eecond putp, W1TIVFSSETH, that,
' F
Wl~EREAS, fitet puty ia indebted to aecond puty in the princip~l aum of---Sixty Thousand and
6
ho/100-----------------------------------Dollus (=60,000.00----- ). aa evidenced by a certain `
romiseo note, of even date herewith, able to the order of aecond u m 7`hirt 30 ~
; P rY P~Y P h' ~ Y( ~.
: ~
' aucceaave Annual inataUments of principal, the firet inatallment of principal bein~ ~
~
~'~ due and payable on the lst day of July ~ lq g2~ ~,,~~ ~
~ intereat from date of eaid note payable aa and at the rate(s) provided in aaid note, all of wfiich a~d auch = ~
other tetma, conditions, and agreements aa ue contained in sa~d note will more fully appear by refennce _
; thexeto, which note is made a put of thia mortgage to the same extent aa if it were eet out in exteneo ~ ~
~~ herein. i
,~ , 1'hi: morigye ~ecures (1) the Promis~ory note aboMe recited; (2) all futnre advanoa as hereinafter provided for. that ~- ~
~ ~ wb~equenUy u~y be made to fint puty (or to any one or more of the putia desianated henin u fust party wnth the ~ i
~? ~ writtea conunt of the remain~er of :aid puties) by ~eooad party; (3) all other indebudaea of fuu puty. (or one or more of
~ them). to ~eoond patty aow due or to beoome due under the ter~ro of this inttrument, the aboMe recited note, aay future :
,Y advana note~ or other evidena of indebtedneu secured hereby and all nnewals, ramortizatioru. exten:ions. deferments or ~
other rarrang~emeats of any indebtedne~ ~ecured hereby. to~eether with interat thenon u provided fa. ~
NOW. KNUW ALL MEN. tliat fust puty. in ooruidention of the debt as evideaoed by abov~e described note, and [or
better ~ecuring the payment thereof to ~ecoadpu ty. according to the tern~s of :aid note, and the. pedormana of the
ooaditions and coMenants herein oontained md to ~ecwe sny other indebtedneu of fun party to ~aoond puty as
ooatemplated under tbe tenn hereof and ala in oon~ntion of the wm of One Dollar to fir:t puty in hand paid by ~eoond
P~Y. t~oapt whereof u heceby acknowledged, hat ~ranted, bu6ained. mld and relea~ed. in fa ~nple, and by thae presenu
does t. bu6,aia. seq and rola~e. in fa :imple. unto ~eoond puty, iu wcoesson and a:sigat. the following described landt~
inclu~but aot Wnited to. all tree:, timber. ~hrubbary, fixtucas and improvemeatt now and henafter thereon:
The North 687.06 feet of the Northwest ~t of the Southeast ~t of Section 3, Township 34
South, Range 39 East, St. Lucie County, Florida, LESS the West S~eet and the East SO
feet of the West 60 feet for road and canal right of way, containing 20.08 acres more
or less.
THIS INSiRUMENT P(tEpAREp BY,
_ A~exan.¢gr Kromhout
ro4K~1 l~nQ 8~nt Aasocatbn of takeWM
Po~t Offin Boa 1546
~ l~Me1~n0. F1orI0~ 33802
~AN 2-
A.aIrM • EXe.~T ~y~ ~a~ a nw
Ow 0~ CIMS "~C" Mita~IbN hfa~M l~1~
hw~nt Ti eh~re.r 7t. t s~,, Aaa a tfll.
ROOER PORR/1s
C1Mk CIrwN Court. St. lucte. Co., fl~.~~'
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