HomeMy WebLinkAbout1077 ~repared By: STEpHEN C. FRASISR ~U -
of SOMMBR AND FRASI$R, Attorneys at Law
250634 ,o..~..~.~~.~.,-..~..~..~.~„
p . o. • box 2210
stuart, ~'lotida 33494 ~=-~..~•+o~---:~-
corw~uNmr ~ snv~NOS ~?no ~a?N ~ssocu?no~ of Rnn~? ~?cM -
~art~~~e ~ee~
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THIS MORTGAGE INDENTURE executed this _...__...~.1.._____.._!~day of Ma~~.~__M._____.._.__~, ~
Z~, :r
by . ~
DONALD E. McGLENSEY and CONSTANCS A. McGLENSEY, his wife,
1.
:
•~e. J
N Gw Jersey
of the County of Camden , State oV~y6rjf~6, hereinafter talled the Mortgagor, which term as used in every
instance shall include fhe Mohgagor's hei~s, executors, successors, legal representatives, and auigns, including ail sub-
sequent g~antees, either volunta?ily by act of the parfies, or involuntarily by operation of law and shall denote the
singulnr and/or plurol, and the masculine and/or feminine and the natural and/or artificial pe~so~s, whenever and
wherever ihe context so requires or admits, as patties of the first part, and COMMUNITY FEL~ERAL SAVINGS AND IOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinahe~
called the Mortgagee, which te~m as used in every instance shall include the Mo?tgagee's successors, legal mpresenta-
tives, and assigns, as party of the second part.
WlTNESSETH, That for divers good and valuable considerations, and also in consideration of the aggregate
sum of money named in the promissory note of even date herewith, he~einaffer desuibed, the Mortgagor does grant,
ba?gain, setl, alien, remise, release, convey, and canfi~m unto the Mortgagee, in fee simple, the following deuribed
real estate, of which the Mortgagor is now seized and possessed, and in actual possession, situate in the Couny of
St. LRCie , State of Florida, tawit:
Lot 14, Block 49, RIVER PARK UNIT 5, according
to the Plat thereof recorded in Plat Book 11, ~
page 31, public records of St. Lucie County,
Florida. ~
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R~~ ~ °?~~D IN PAYMQR OFT~
DUE ON CUISS 'C' iNTARGIBLE PERSO~~AI, PitQpE~(T~
PURS~ANi TO GIAPIER 71-134, ACTS OF 1.qIL f
R06ER PORRIIS /1/r/~
CLEM( CtRpIR OOURT, Si. lIICIE 00~ H~,
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i TOGETHER with all stnxtures and improvements now and hereafter on said land and the fixtures attacF~ed
; thereto and aH rents, issues, p~oceeds, and profits accruing and to accrue from said premises all of which are incluc~d
within the foregoing description and tF~e habendum hereof. Also all gas, steam, electric, water and other heating,
' cooking, refrigeroting, iighting, 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 detad~ed or detachable.
; ~ IT IS ~AUTUAIIY COVENANTED AN~J AGREED by and between the parties hereto that upon request of the Mort-
; gagor, the Mortgagee may hereafter, at its option, at anytime witnin twenty ~(20) years from the date hereof and be- .
i fore full payment of this mortgage and notes secured hereby, make fu?ther advances to the Mortgagor and any such
! further advances, with inte?est, shall be secured by this mortgage and shall be evidenced by an additional ~ote then
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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 batance so secured at any one time shalt not exceed the mazimum principal sum of
f s 14 80Qs 00 together with interest thereon and any and all disbursements made by the Mortgagee for the
~ payment of taxes, levies, or insurance on the property aovered by the lien of this mort~age with interest on :uch disburse-
E ments at the rate specified in the note referred to in this mortgege, and for reasonabte attorney's fees and cou?t costs
~ incurred in the collection of any or all of such sums of mo~ey.
~ RETURN TO MORTGAGEE O R
p. o. sox a~~ 212 P~1071
` RIVIERA BEACH. FLA. 39404
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