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Home My WebLink About0950 !i ~ f 88-].-12G1797-1 ~ rA-1 rbrida Mortgag~ (Jan?~sry, t974) (lndivxl«al and Curporatia;~) ' THE FED~RAL LAND BANK OF COLUMBIA 3~~~~~3~ ~ MORTGAGE LOAN NO. F88-1-1201797-1 . TH1S 1NU1~.;~1'URh:, n~~dc this Seoond ~ day uf Jtu~e , 19 ?5 , by an~l ; lx;twcen Jim Russakis, a].so lQtvwn as Jim G. Ft~issakis, ~d Sheil~ Russakis, his F~ife, ~ both of St. Lucie Caunty, Florida, ~ hereinafter c~lled first E~arty, wh~~thcr ~nc or marc, and Thc Fcdcral I,and I3ank of Coltimbia, of Coluntbia, S. C., a corNoratios~ organizGd, chartered and e~xisting pursuant to thc laws of the Uniied States of America, hereinafter called secand pariy, WITNI~:SSETIi, thai, ~\'IlE}~EAS, first ~~arty is indcbtecl to sccund party in thc pritici~zal sum of pne--Hwxired Nine- ~usand air3 no/100----- Uollars 109,000.00 as evidenced b}' a c~~rtain promissory tinle; of even datc here~vith; pa~~able to the order of second party in ~n~ (~p) ~ ' successive Annual installmei~ts of principal; the Cirst i~istallment of principal Lci~i~ due and pa}'ablc oi~ thc Fi.rst da}' of May ~ , 19 7~ with interest fron~ datc of said note pa~~able as and at the rate(s) E~rovided in said note, all of which and such ~ othcr terms, co~tditions, and agrccments as arc co~itained in said note H~ll n~orc ftclly appear by reference thereto, which nate is made a part of this mortgage to the sazne extent as il" it were set out in extenso _ hcrcin. ~ - ; This mortgage secures (1) the pronuuory note above recited; (2) all future advances as hereinafter provided for, that " subsequentlv may be made to first party (or tu any one or more of the parties designated herein as first°party with the written consent of the remainder of said pacties) by second party; (3) al1 ~thEr indebtedness of fust party, (or one or more of them); to second Qarry now due or to become due under the terms of th;s instrument, the ab~ve recited note, any future advance note, or other evidence of indebtedness secured hereby and all renewals, reamorti~ations, extensions, deferments or other._rearrangements ~f any indebtedness secured hereby, together with interest thereon as provided fo;. - - . NOW, KNOW ALL MEN, that Grst party, in consideration of the debt as evidenced by above descril~ed note, and for - _ better securing the payment thereof to second party, accordinR to the terms of' said nofe, and the performanee of the conditi~ns and covenants herein contaiued and to secure any other indebtedness of first party to second party as ' - contemplated under the ternu hereof and also in consideration of the sum of One Dollar to first party in liand paid by ~econd party, receipt whereof is hereby acknowledged, has granted, bargained, soJ.d andseleased; in fee simple, and by these presents . ~ does grant, bargain, sell and release, in fee simple, unto second party, its successors and assigns, the following described lands, including but not linuted to, all trees, timber, shrubbery, fixtures and improven~ents now and hereafter thereon: a~~i~ - -d ~ : Faroel A- 7he i~; of the 5~~; of Section 12, Zb~rnship 35 South, Range 38 East, ~ ~ less the East 150 feet of the West 175 feet of the North 20~ feet of that part ~ of the East ~~f the N~ of the S~ lying South of Orange Avenue, ~ ~ arr3 - ~ ~ ~ Zhe I~iorth ~2 feet o~ the SFr~ of the SL~ of Se~:tion 12, 7bwnship 35 South, Range ~ 38 East, ci the Public Rea.~rds of St. Lucie Count~r, Florida. - 1 - . . ~ 3l -3 3J -~t~o n-~~s ~ Parcel B- The North ~ of the 54+~ of the Sf~~ of Secti~ 18, Zbwnship 35 South, , ~ Range 39 Easz. Less rights of way for public roads and drainage canals. ~ _ . ~ ~ Said lands oontaining 52.27 acres, lying ar~d being in St. Lucie County, Florida.~, ` ( I ~ ~ ~ ~ i _ - - - ~ . _ . - ~ _ . _ _ ~d ~ 1~ ~ ' , - ~ - ~ 1!1 PA'(NfTit 0;0?ERI`(. . - ~ 1NTt?Ii618tE rE4t~0~~;1. 4 yll. " ( r _ RECEIVED s ~ ,r~ . ~ ~E~N?rt Tfl C1il~P'~~R-711 ~~TS Of ~ 1''~~ ~ ~ . p~( CIRG1~ 00~1~f' S~. ~~~E t~ V I - ~ ~ ~ . - _ [ + This instr~ient prepared hy: - ! R. D. Willis, President - - ~ .j~ P. O. Box 1546 _ ~ ~ ~ ; Iakeland, Florida. 33802 - ! - - ~ ~ . o ~ ~~0 ~e~ ~Q~9 ~ ~ BOOK - . ~ - ~ - ~ ~ - - i - - - ~