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Home My WebLink About2101~ i FA•1 Flortda MarlKa~c 1(k~~,er. 1~1 IIndlWdual am1 ('orM~nUon) 51~~ ~/ THE FEOERAI IAND BANK OF OO~UAI~IA ~~ MORT(iAOE IOAN NO. F 91-2-3779220-1 THIS 1NDENTUIiE, nude this 28th day of .January ~ .1~1 . b7 ~d betwoe~e Rickory Branch Corporation hereinafter called firat puty, whether one o~ more, and The Federal I.and Bartk of Columbia, of Cohimbia, S. C., a corporation organized, chutered and exiatina pureuant to the laws of the United Statea of Am~rica, haeinafter callcd second party, WITNFSSETN, that, RINEREAS, firet puty ia indebted to eecond puty in the principd eum of gi~ ~llion, 1t~ro Hund- red Fifty Tfiousand aad No/100----------- ~o~ (= 6, 250, 000.00 )~ ~ evidenced by a certain promieeory aote, of even date herewith, payable to the order of socond puty in ~irty (30) eucceseive Annual inst+~llmenta of principal, the first inatallment of principd being due and payable on the first day of Sep~ember . 19 gZ 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 extenso herein. ~ This mortgage secures (1) the promissory note above recited; (2) all future advances as hereinafter provided for. that subsequentiy may be made to first pany (or to any one or more oi the parties designated herein as first party with the written con~nt of the remainder of said parties) by second pariy; (3) aU other [ndebtedness ot tirst party. (or o~e or more of them), to second party now due or to become due under the terms ot this instrument. the above recited note. any future advance note. or other evidence of indebtedness secured hereby and all renewals, ~eamortizations. extensions, deferments or other rearrangements ot any indebtedness secured hereby. together with interest thereon as provided for. Should the in- debtedness secured hereby exceed the maximum below stated, second party at its option shall have the sole right to de- termine the priority or order irr which the various debts covered hereby shall be secured hereunder within said maximum. NOW. KNOW ALL MEN. that fuA Puty. in oon~eratioa of the debt u eridenoca by aboMe dwa~ed rwu, and for better ~ecurins the paymeat thereof to ~ecoadpu ty, ac,oordins to the termt of :aid note. and th~ perfornnaae of tbe ooaditions and oov~r~att hereia oontained md to secure any other indebtedaeu of fust pariy w ~eoond pacty at oontempLted under the term~ hereof u,d al~o in coraidenttou of the sum of One DoWr to fir:t party in haad p~id by ~eoaid party. reeaipt whereof u hereby acknowledaed. hu snated. bar~aiaed. ~old snd rekand. ia fa ~imple. and by tl~en praenu does anat. bu6,~in, seli and re{an. ia fee :imple. unto ~eoond party. ita acoes~ors aad auig~u. tlte filbw-inE de:ca'bed landt. includin6 but aot limited t0. alt trea. tirnber. duubbecy. fixtures u~d improMemeaU now and hereafter ttrereon: Said lands, containing 12b2 acres, more or less, in St. Lucie County, Florida, are set forth on Schedule A attached hereto and made a part hereof. ll~oNwd • n'es~~ M~t Of Ta~ Dw On Clars "~C" Niy~plbl~'~~ ~. 'ww~nt Te Clww- 71~ 1i4~ Aaer q T~71. ~~~ ~~~~ 1 ~ ~ x F ~ ~ ~ t f ~ ?hie instrument Ras prepared by 1[ary Frances Derell. P. 0. Box 1~~9~ Columbia. South Caralina 29202 ~~~~~~ ~A~~rvVv ~ ~ ~ ; ~.;_;;~„ ~ ~,,;~;~ ~~~ ;~ , ; ....... _ ~, - ~ ~ '~~ - ~.~<.~