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HomeMy WebLinkAbout2803 Prepared By t GEORG$ W. 30MMSR / M'd""s°'.'r o f SOir1MER AND FRASII3R, P. A. ~ -or-o~~ww~sre ~w~x.~,~a~.ew.:~-- P. O. 8oX Z 210 .,,-.v.,o,r,,,~ stuart, Floridal 33494 -w~w.ww~oNrw~+eR.a~~r COMMUNITY ~ERAI SAVINOS AND iQAN ASSOCIATION Of RIVI~A ~EACH ~urt~~~e ~ee~ 2 ~040 r / , THIS MORTGAGE INDENTURE exetuted this 31st day of _...._Ma~ ~ 1973~ by WAYNE CONSTRUCTION COMPANY, a Florida corporation, ; af-IhaEee~rry- aF------------- ;-~',„sal~of-Ffer+de, hereinafte~ called the Mortgagor, which term as used in every instance shali'intlude ihe Mo~tgagor's heirs, executon, successors, legal representatives, and auigns, including all sub- seque~t grantees, either voluntarity by act of the parties, o~ involuntarily by operation of !aw and shall denote the singulsr and/or plural, and the masculine and/o~ feminine and the natural and/or a~tificial persons; whenever and wherever the context so requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation existing u~der the taws of the United States of America, hereinaher called the Mortgagee, which term as use~d in every instance shall include the Nbrtgagee's successors, legal ropresenta- tives, and assigns, as party of the second pah. . . WITNESSETH, That for divers good and valuable consicierotions, and also in oonsideration of the aggregate sum of money named in the promissory ~ote of even date herewith, hereinafier described, the Mo~tgagor does gront, - bargain, sell, alien, remise, release, convey, and confi~m unto the Mo~tgagee, in fee simple, the fol~owing dest?ibed real estate, of which the Mongagor is now seized and possessed, and in actual possession, situate in the County of St. LuCi@ , State of Florida, tawit: _ ~ . . I,ot 31, Hlock 128 , S.OUTH' PORT ST LOCIE UNI~ - - FpOTt, ~s per pla thereof recorded- • in PlatBook 13, pages 11 through 11-C, public records of St._Lucie County, Florida. . ~ , , ~ 3. (v ~ i~ ~~,n~orr oF t~ ouE oN a~ss ~c t~~wciecF ~.~r+u r~o~n. p(IRS(W1T TO CF{IIPTE~ 71-134. AC13 OF 19)1. c`.~ ROGElt r01TWlC ~ ~ - CLERK CIRqIR OOURT. S!. LUCIE CO, F!A . . J . _ . Y ~y' , , ; ~ TOGETHER with a!I structures and improvements now and hereafter on said land and the fixtures attached thereto and all ~ents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included within the foregoing deuription and the habendum hereof. Also all gas, steam, electric, water and other hesting, cooking, refrigerating, lighting, ptumbing, 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 prcmises, even tFwuyh they I may be detacF~ec~ or detachable. IT IS /'AUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mort- gagor, the Mortgagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and be- fore full payment of this mortgage and notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by fhis mortgage and shall be evidenced by an additional note then unpaid, and the total amount ot i~debtedness that may be secured by this mortgage may decrease or ~ncrease from time ro time, but the total unpaid balance so secured at any one time shall not exceed rhe maximum principal sum of ~ 36 ~ 800 . 00 together with interest thereon and any and all disbursements made by the Mortgagee for the payment of taxes, levies, or insuronce on the property aovered by the lien of this mortgage with interest on such disburse- ments at the rate specified in the note referred to in this morigage, and for reasonable attwney's fees and court costs +ncurred in the collection of any or all of wch sums of money. . RETURN TO MORTGAGEE P. O. BOX 9847 RIVIERA 9EACH. FI.A. 38404 soo~~~~ vni~,~~00 ~~..v3 u.~i~'a..v ~.r._ v 1 _ _ ~~o~.~...°Y u~~K~ "