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HomeMy WebLinkAbout2639 " ~. ~ r~, 4S 1.1~[:J:JS q, l ~'C!( c: l h : " ;- L". AND, W Ii t~ HE AS, the MOl't8flilor 18 dellin..li.J8 of ;;ccurlng the :,epa.yml'nt of anid iH:m of $45,000. fln to th,' Mortgagt'l'. AND, W Ii E H E AS. Mor'tgugor ill dCtiiro\Jti of ftjl,ther Hecur- ing Ow n'payment of Ruch Ftrr~!HE ADVANCES aiJ MortglJ.~t.(' ma)' wHhin uix (6) monthlj from the date hf':'('of nH~kC' hJ Mortgagor Ul an addit\ol1<11 UJHOunt of not more than $28. 700.00. NOW, T ii E HE}' () HE, MortgHgor ngrccH that all HumH which n1<l)' be advanCl:d by M0ng[l~t'l..' tu Mnrtgagor within six (6) rnontha from the datl' hf~fcof lihll.lI be ttecured by th~' i.len of thift Tllort~agt' ilS full)' B8 if thi" ~amc weft' advunced on the date heft'ot. ,provided, how('v,'r, tht' total unpaid b~{illnCe uo li('curt"d oy thin mortguge at any om' time ~hall not t:xcet'd a nun:lmum pnncipai amount of $54,700.00 piU8 inten~dt thereon and any dlllbunH'lllcnts JIIHdl' hy Mortg9.g€!C pUrl'!UfHll to the t('rmB hereof lOl' taxeli. levieii or in~uran'ce, or- otherv.iae, together .....ith inten:ut on Much didbur~H'nH'nh;. IN CONSIDERATION OF THE FOHEGUIl'\G INDEBTEDNESS, the Mortgagot', tor the purpo13c of tiecurinll the aforesaid :,jum of $25, nOD. 00 and all other 3\.HllI-t which may b," in H)(' futlJ!f: adVti!iCed by Mortgagt!t' to Mongagor purnu8nt to Hw ternH?! hen'of ~nd tot' HI(' tUI'OWI' purpose of securing the perforw.HHc(' of Hw C(lvennntG find tlgrt.~ement herdnafter expreuup.d, and fOf' divefB good Hnd valuabk (:on~iderutions. by theiJe prciH=llta, dOEo!3 grant, bargain, tH:ll, rcmij,j(', relealH~. convey and conhnn unto tht> Mort~JU&ce, itfi BlH;:Ci>tHorti and a~j!~ign.;j, 811 thof.iC certnin iot::J, pien.a or p<ltcelN uf land, t;HUHte, lying and b~ing in the County of St. Lucie, and State or Floridu, deticribt:d fili fullow,,: ~I)"" '" ..