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HomeMy WebLinkAbout2328 ~I : 1U~~7b4 . Rsc F'ee t . DOUOII~1.4 DfltON Add Fec S_ S~ Lucis C~nnty ~ Tt~ . ~ Clerk of C~rcuit c • - W'A Jiti RF:M7'(:~la ~He~urd rtr7i ~Indi~~duel and ('utµKau~~n~ Totol i 6 Cluk FLORIDA, St . Luc ie County. In consideration of and to secure all existing indebtedness of Robert K. Bowden and Sandra L. i Bowden, his wife Borrower (whether one or more), to South Atl~nt~ ~ Production G~redit Associadon, Ixnder, and all advances that may t~e made by Lender to Borrower within twenty years fmm the date of this mortgage, and all renewals, extensions or ather rearrangements of any indebtedness secured hernby to~~ther with interest thereon as provided for (the total principxl amount secured herebv not to exceed at any one time --One Million Five Hundred Thousand and i~o/100----------- ~,~~a,g~s_1,500.000.00 ~ ~ j Undersigned has granted, bargained, sold and conveved, and by these presents dces hereby grant, bargain, sell and convey unto Lender, its successors and assigns, the following described lands in St . Luc ie County, Florida: A portion of Sections 4 and 9, Township 34 South, Range 37 East, St. Lu~ie County, Florida, being more particularly described as follows: A portion of the West 1/2 of said Section 4, lying Southwesterly of the turnpike, being more particularly described as follows: Beginning at the Southwest corner of said Section 4, thence on an assumed bearing of North 89°56'30" East, along the South line of said Section 4, a distance of 1024.69 feet; thence North 02°25'08" West, a distance of 847.61 feet; thence North 00°29'34" West, a distance of 632.52 feet; thence North 26°32'09" East, a distance of 338.96 feet; thence North 12°29'02" West, a distance of 831.93 feet; thence North 15°14'22" East, a distance of 477.43 feet; thence North ' 04°08'07" West, a distance of 97.31 feet; ihence North 34°58'51" West, a distance of 79.33 feet; thence North 71°57'll" ~lest, a distance of 820.76 feet; thence South 75°06'09" West, a distance of 131.68 feet; thence North 89°33'S9" West, a distance of 94.40 feet; thence South 00°26'O1" West, along the West line of said Section 4, a distance of 3439.83 feet to the Point of Beginning. LESS the West 250.00 feet thereof, together with: ~ A portion of the West 1/2 of said Section 9, being more particularly described as follows: Beginning at the Southwest corner of said Section 9, thence North 89°34'41°' East, along the South line of said Section 9, a distance of 2646.20 feet; thence North 00°34'42" East, a distance of 4695.64 feet; thence South i 89°56'30" West, a distance of 1641.31 feet; thence North 04°13'43" West, a j distance of 91.53 feet; thence North 00°37'54" West, a distance af 398.70 feet; ~ thence North 09°51'20" East, a distance of 149.01 feet; thence North 02°25'08" ~ West, a distance of 27.98 feet; thence South 89°56'30" West, along the North , line of said Section 9, a distance of 1024.69 feet to the Northwest corner of f , said Section 9; thence South 00°26'02" West, along the West line of said ~ ji Section 9, a distante of 5377.05 feet ta the Point of Beginning. LESS the j South 100.00 feet of the North 764.71 feet thereof, and less the West 250.00 ° feet thereof, and less the Southwest 1/4 of said Section 9. ~ ~ Said lands situate 1 in and bein in St. Lucie Count Florida and containin Y 9 9 Y~ 9 ~ , 175.791 acres, more or less. ,i S II ~ i~ The amount of the note in this transaction is $100,000.00 and ~ ~ Documentary Stamps and State Intan~i~le Tax is due on this amount. ~ 1~ii` iii~i:.:5,'~:`?': 't':ti~r''.•.iF~ bY: ~ ~ ~ John tJ. j~7illia~ ~ ; ~ ` ---7~fii.arrTic - I~ C^~.~~il ~ ~r :LU'~lini'i l~ :COIT }~~J~~. ~ I I I. i.~. ~i.~.~G( i~. f 1~.:(I'~? S ~ I• TO HA VF. AND TO HOLD, the said property. toRether w~th ali and ~in~ular the riKhts, members, hereditaments, and I appurtenances thereunto belonginR or in any wise appertaining, unto lender, its successars and assigns, in fee simple forever, 1 and undersigned hereby binds himaelf (itselfl his (its) heirs, executor~, administrators, successors and asaigns, to warrant ~ and forever defend said progerty unto lender, its euccessors and assigns, from and aRainst undersigned, the heir~, executors, j administrators, successors and assiRns of undersiqned and all other persons whomscever lawfully claiminR or to claim the i same or any part thereof. ~ The lien of this mortgage ahall not be terminaied or otherwise affected during a period of twenty years from the date ~ hereof by repayment in full, one or more Nmea, of all indebtedness then outstanding unless thie mortgaRe shall be formally ~ released or discharged of record: PROVIDED, however, that if at any time during twenty years fmm the date of thia mort,~aRe ~ ~ there be no indebtednesa outstanding of borrower to lender, and no obligation of lender to make any further advancea to # ~ borrower, lender will, u ~ I pon written request of undersigned, execute and deliverto undersigned a satisfaction ofthis mortgage. ~ The existing indebtedness and all advances that may be made hereunder are, and will be, evidenced by notes, all of which aze N ~ hereby expressly made a part of this mort{~age. ~ 6o~K 675 P~~E232~ ~ 1~ ` ' ~ ~ " ~~.N ~,~w~~~.~ ~i ~f~°'~"~~~sy°`"^~_~'~~