HomeMy WebLinkAbout0971 . . . . . _ _ '1..__.. _ . .
3'
1
FA-1 i~lorida Mart~e (June, 19'A) padividua! aod Corpontion)
THE FEDERAL LA~10 BANK OF OO~UII~IA
MORTOAOE LOAN NO. F 88-1-1243686-i
THIS D~DDENTURE, aaadc thia 2xth dsy oi Angust ,19 81 , by and
betw~e Alhart E. Lounds, Jr. and Betty F. Lounds, his wife, both of St. Lucie
County, Florida
he,reinsftcr
ca[led fgst puty, ~hethex one or more, and The Federal Iand Bank of Columbea, oi Columbia, 3. C., a
corporatioa orgniaed, chutued and exiating pur~uant to the laws of the United S4tes oi Amaica,
hereiruftts called ~eeond puty, WITNESSETH, ttut,
WHEItEAS, first puty ia indebted to eccond puty in the principal 6uni of Forty-two Thausand
and 00/100-------------------------------DoUan 42,000.00 as evide~ced by a catain
promiaeory aote, of even date herewith, payable to the ocder of second puty in Three Hundred Sixty(360
w~~ monthly installmenb of principal, the first inataUment of principat being
due and payabk on the 1$t day of DeC~ber ,19 81, with
intaeat from date of eaid note payable ae and at the nte(a) provided in eaid note, all of which and ~uch
athu terms, conditiona, and ag~eementa aa are contained in eaid note will raore fully appeu by reference
thexeto, which note is made a put of this mortgage io the eame extent sa if it wexe set out in exteneo
herein.
Thh mortp,e ~ecura (1) the pron~ory aote abov~e ncited; (2) aU futare adraaees u beninsfter provided fa~ that
wb~equently m~y be mede to t~r:t puty (a ta any oae ~ nwro of the partiet de~uted berein u firrt p~rty rvlth the
w~ritten ooa~eot of ti~e ma~in~er of aid parties) by ~eoond p~rty; (3) aq oth~ ~ndebt~daa~ of first p~rty. (a ooe or mo~e of
t6em). to ~eoood patty no~r dua or to become due uader the term~ of this inarumeat; the abov~e redted note. an~r futun
~dvaaee note. or other evidana of ia~ebtednas ~ecured henby aad aU renewab. reamo~tizatioas. aatamio~, deferments a
otl~er rarraneemeap of u~y i~debtedaest ~ hereby. w~etber tivlth Iatersst tbe~a as provid~d far. ~
NO~R', KNOw ALL MEN, that fir~t party, in oo~uidaratioa of the clebt ss evideaoed by sbove da~x~ed note, ar~dj fa {
better ~ecurin~ tire payn~eat tbereot to ~ecoadparty~ sooordiaj to tlre termt of aid aote, aad tha perfo~noe of the '
oonditlotu at~ ooreaaats harain ooatained and to ~ecure any ather iAdebtedae~t of fmt paty to ~d p~rty u j
~oatempl~ted w~de~ the tacm~ lrereof md abo in oonadeistio~a vt the ~un of Oae Dollar to fu~st p~rty in Mod paid by ~cond '
' W~tY. rooapt w~hereof b hereby ac~mo~vled~cd.l~a+ iranted. bar~. ~a1d snd reksied. in fee~o~p~, and by tbae p~desb '
: do~ t. bu~in, ~eil aad rekae. ia fee rimpk~ unto teoond p~rty, itt ~tca~sroc~ aad the fii~o~vina dacribed hnds,
in~but aot L'urited to, a11 trees, timber. ~luubbsry. ftxture~ aod ~meati no~r md henafter thereoa:
i The South ~ of the North ~ of the Southeast ~i of the Northwest ~ of Section 17,
; Township 35 SQuth, Range 39-East, less North St. I,ucie River Drainage District
~ right-of-way, and less the West 264 feet of th~ East 307.5 feet of the above
descriUed parcel. Subject to an easeaent over the North fifteen (15) feet as
is set out in that certain Grant of Ease~?ent from Albert E. Lounds, Jr. and
Betty F. Lounds, his wife, to Albert E. Lounds, III and Amy J. Lounds, his rrife,
together xith a non-exclusive perpetual easement for ingress and egress in, over
and to the South 15 feet of the North ~ of the North ~ of the Southeast ~ of tlie
Northwest z of S~ction 17, Township 35 South, Range 39 East, less the North St.
Lucie River Drainage District right-of-way. The above parcel containing 8 acres,
more or less, and is located in St. Lucie County, Florid
T!!iS "~-`•TR1lIENi PREP~RE': :Y~
Alexander Kro.mhout
. •"'~i9t{OR i
Fe.,ers~ L = i6
P;. .
La'
~ ~ .
' ~~oN~'~d • A~rn~~t p Taa~
~{1~ 0/1 ~M " r~ ffitafl~~f~Of~~M1
w,rs~w~ To cn.o~.r ~3+t. n~oa a~~.
ROGER PqTR/?g
~'1~ Ck'~uft Court, ~t. LucNr Co.. ~
60U~~ ~
`~J
~