HomeMy WebLinkAbout1390 Prepared By : ~ ~"`"~~i~
GEORGE W. SOMMER, Attorney o~c,eowwn.r,-~a~asao-r~'7t~ad~Ra~e-
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Stuart, FlOZ1d8 33494 -+~+wiwr?-icwo~rrcowee~aasos~ ,
, COMMUNITY FEDERAL SAVINGS AND IOAN ASSOCIATION OF RIVIERA dE/1CN , .
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THIS MORTGAGE INDENTURE c~x:,ted this _____1 day of _ October _______i___1g~2____, ;
by :
HARRY H. ALDER and MARGARET W. ALDER, his wife, t_~
of the County of St. Lucie , State of Florida, hereinafte~ called the Mortgago?, which term as used in every
instance shall include the Mortgagor's heirs, executors, successors, legal representatives, and auigns, including all sub-
sequent g~antees, either voluntarily by act of the parties, or involuntarily by ope~ation of law and shall denote the
singular and/or plural, and the masculine and%or feminine and the ~atural and/or artificial persons, whenever and
whereve~ the context so requires or admits, as parties of the first part, and COAAMUNITY FEDERAL SAVINGS AND LOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing ~nder the laws of the United States of America, hereinafter
called the Mortgagee, which term as used in every instance shall include the Mo~tgagee's successors, (egal represe~ta-
tives, and assigns, as party of the second part.
WITNESSETH, That for divers good and valuable considerations, a~d also in consideration of the aggregate
sum of money named in the pramissory note of even date he~ewith, hereinafier described, the Mortgagor does grant,
bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, in fee simple, the following desc~ibed
real estate, of which the Morigago~ is now seized and possessed, and in adual possession, situate in the County of
St. Lucie , State of Florida, tawit:
Lot 9 231ock 137 SECOND REPLAT IN RIVER PARK- ~
UNIT 3, according to the plat thereof recorded
in Plat Book 13, page 16, public records, St.
Lucie County, Florida.
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TOGETHER with all strudures and improvements now and hereafier on said (and and the fixtures attached `
thereto and all rents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included
withi~ the foregoing description and the habendum hereof. Also all gas, steam, electric, water and other heating,
cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, applianoes, fixtures ~
~ and appurtenances, which now or may hereafter pertain to or be used with, in or on said premises, even though they ~
may be detached or detachable.
~ IT IS ~AUTUALLY COVEMANTED AND AGREED by and betwee~ the parties hereto that upon request of the Mort-
gagor, the Pllortgagee may hereafter, ar its option, at anytime within twenty (20) years from the date hereof and be-
fore full payment of th~s morrgage and notes secured hereby, make further advances to the Mortgagor and any such
further advances, with interest, shall be secured by this mortgage and shal~ be evidenced by an additional note then
~ unpaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or increase from time
to time, but the total unpaid balance so secured at any one time shall not exceed ~he maximum principal sum of
s_~.~QQQ~Ql~.~_____, together with interest thereon and any and all disbursements made by the Mortgagee for the
payment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disburse- ~
ments at the rate specified in the note referred to in this mortgage, and for reasonable attorney's fees and court costs< ~
incurred in the collection of any or all of such sums of money.
RETURN TO MORTGAGEE
P. O. BOX 9847
RIVIERA BEACH. FLA. 33404
soox~a7 P~~~~3~ ;