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GEORGE W. SOMMERi Attorney oreiewnree~.; we~+se~-~.r~~~~wc~w-
P. O. BOX 2210 p.~~,~,,,,r
stuart, Florida 33494 ~n~~~e-ea?~K~eew+e~e-sssor
COMMUNITY FEDERAL SAVINGS AND IOAN ASSOCIATiON Of RIVtERA IlEACH 2415U4
~~or#~M~e ~PP~ - .
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THiS MORTGAGE IN~ENTURE executed this y . 1,QT2._____,
by
GEORGE L. FRENZ and DONNA M. FRENZ, his wife,
of the County of St. Lucie , State of Florida, hereinafter called the Mo~tgagor, which term as used in every
instance shall intfude fhe Mortgagor's heirs, executors, successo?s, legal representatives, and assigns, i~cluding all sub-
sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of iaw and shaN denote the
singutar andlor pfurai, and the mascuiine and'or feminine and the natural and/o~ artificial persons, whenever and
wherever the context so requires or admits, as parties of the first parr. and COMMUNITY FEDERAL SAVINGS AND IOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinafter
called the Mo~tgagee, which term as used in every i~stance shaU include the Mortgagee's succ~ssors, legal representa-
t~ves, and assigns, as party of the second part. -
WITNESSETH, That for divers good and valuable considerations, and also in consideration of the aggregete
sum of money named in the prom;sso~y note of even date herewith, hereinafter described, the Mo?tgagor dces grant,
bargain, sell, alien, remise, release, convey, a~d confirm unto the Mortgagee, in fee s+mple, the following described ~
real estate, of which the Mortgagor is ~ow seized and possessed, ~nd in actual possession, situate in the County of ~
St. LuCie , State of Florida, to-w+t: ~
The West 150 feet of the East 330 feet of the South
430 feet of Lot 2, J. I. KELLEMS SUBDIVISION, according
to the Plat thereof recorded in Plat Book 3, page 85, ~
Public Records of St. Lncie County, Florida.
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o~ DOCUMft~iTARY.~~STAMP ~Ak ~ e° '
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TOGETHER with all structures and improvements rww and hereafter on said land and the fixfures attached
thereto and atl rents, issues, proceeds, and profits accruing and to accrue from said premises al! of which are included
with~n 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, appliances, fixtures
and appu~tenances, which now or may hereafter pertain to or be used with, in or on said premises, even though they
may be detached or detachable.
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IT iS l.4UTUALLY COVENANTED AN~J AGREED by and 'petween rhe parties hereto that upon requesr of the Morr-
gagor, the Morryagee may hereafte~, ar ~ts opt~on, at any?,r,~e w~~hin twenty (20) years frem the date hereof and be- _
tore f;,ll pay~~~ent of ~h~s **:o~tgage and notes secured hereby, make further advances to the Mortgagor and any such -
fur?her aJ~ances, vvith mrerest, shall be secured by th~s morrgaoe and shall be ev~denced by an add~tionai note then
,,npa~d, and rhe rotal ar,ount of ~ndebtedness that may be secured by rh~s mortgage may decrease or ~ncrease irom t;me
•o nR,e, but the tota! unpa~d balance so secv~ed at any one t~me shall not exceed the maximum pr~nc~pat sum of
S._16_~OOQtOQ___.____, together with interest thereon and any and al! disbursements made by the Mortgagee for the ~
payment of taxes, levies, or insurance on the property covered by the lien of this mortgage with i~terest 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
~nc~rred in the collection of any or a(I of such sums of money.
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RETURN TO MORTGAGEE ~
P. O. 60X 8847
RIVIERA BEACH. FLA. 33404 g04Kir`~+~
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