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HomeMy WebLinkAbout2407 L~pared By: GEORGE W. 90MMER D~ ~f SOMMER AND FI2ASIER, P. A. ~6193'7 , • . O. BOX 2210 '°*t"'°~'w`~`+„o.a~i~-~~~ 'e"'*e"°'n' ~tuart, Florida 33494 • ~++w+~ewir~oocR.-reo~erox-sarso~e- tOIMMUNITY ~EDERA~ SAVINGS AN~ LOAN ASSOCtATiON Of RIVIERA dEJ1CM ~ T j R~E1Y[0 =,._,_3 O. OO . It~ N:'~~•• ! a~_ c:: ~~s t~~~uu~e :j :~.x t~a•r~~r, M~~sWwt To q~~~t ~i•t~t, ~p's oF it~1. ~IIrf~M~p ~PB~ ~ooat rortw c~tt awourt a~ st wc~e aor ~ . THIS MORTGAGE INDENTURE exetuted this .___I6th_____________ day af __..__AL1~tlst___._____,._,__.___________~ 1973_..__, ' by JOSEPH SENATORE and MARIE E. SENATORE, his wife, ~ of the County of BtOWBtd , State of Florida, hereinafter called the Mo~tgagor, which term as used in every ~ instance shall include the Mortgagor's hei?s, executors, successors, legal representatives, and assigns, including all sub- ~ sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shall de~ote the singular and/or plural, and the masculine and/o~ feminine and the natura! and/or artificial pe~sons, whenever and wherever the context so requires or admits, as parties of the first pa~t, and COMMUNITY FE~ERAI SAYlNGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation existing u~der the laws of the United States of America, hereinafter called the Mortgagee, which term as used in every instance shall i~clude the Mo~tgagee's successors, legal representa- tives, and assigns, as party of the second part. ~ WITNESSETH, That for divers good and valuable considerations, and also in conside~ation of the aggregate sum of money named in the promissory note of even date herewith, hereinafier desuibed, the Mortgagor does grant, bargai~, sell, atien, remise, release, convey, and confirm unto the Morigagee, in fee simple, the following deuribed ? real estate, of which the Mortgagor is now seized and possessed, and in actuai possession, situate in the Counfy of St. LtiCie , State of Florida, to-wit: PARC$L l: From a concrete monument at the point of intersection of the Eas~ght-of-way line of the Florida East Coast Railway Company and the South line of~the Southeasterly 425 feet of the Northwesterly 725-feet of "CLEARVIEW" Subdivision, as per plat thereof Yecorded in Plat Book page : 204, St. Lucie County, Florida, public records, run thence North 67°00'East, along the Southerly line of said Southeasterly 425 feet, 555.9 feet; thence No~th 24°02' West, Z5 feet; thence North 67°00' East, 197.25 feet to the point'o~ beqinning of the lands herein described: From~said point of be- ginning continue North 67°00' East, lOD.15 feet to the West line of Indian River Drive; thence North 29°40' West, along the West line of Indian River Drive, 110.73 feet; thence South 67°00' West, 88.Q feet; thence South 23°21'S0" East, 109.98 feet to the point of beginninq; T~GETHER with an easement, in com~non with others, aver and across a 15 foot strip of land lying immediately South of and adjacent to the above-described property; PARCEL 2: Fra~n-a concrete monwaent at the point of intersection of the Eae~ ght-of-way Iine of the Florida East Coast Railway Company and the South line of the Southeasterly 425 feet of the~Northwesterly 725~feet of "CLEARVIEW" Subdivision, as per plat thereof recorded in Plat Book 1, page, 204, St. Lucie County, Florida, public records, run thence North 6~°OQ' East, along the Southerly line of said Southeasterly 425 feet, a distance of 885 feet to the East line of Indian River Drive, being the point of beginning of the lands herein described: thence North 29°40' Eas.t along the East line of Indian River~Drive, 125.85 feet; thence North 67°00' East 30.8 feet~more~or less to the~waters of the Indian River; thence South- easterly meandering the waters of the Indian-River to the point of inter- sectibn with "a l~ine-~ bearing North 67°t10' East from the point of beqinn-ing; thence South 67°00' West 36.8 feet more or less to the poiht and~place of beginninq, excepting therefrom the Southerly 15 feet thereof ineasured on the perpendicular. - ' SUBJECT TO easements and restrictions as set forth in Warranty Deed recorded in Officia]. Records Book 4l, page 481, public records of St. Lucie County, Florida. TOGETHER w;th all strudures and improvements now and hereafter on said land and the fixtures attached thereto and atl rents, issues, proceeds, and profits accruing and to accrue from said premites all of which are included within the foregoing desuiption and the habendum hereot. Also all gas, steam, electric, water and othe~ heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, applianoes, fixtures and appurtenances, which now or may hereaher pertain to or be used with, in or on said premises, even though they may be detached or detachable. IT IS /AUTUACIY COVENANTE~ 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 within twenty (20) years from the date hereof a~d be- fore full payment of th~s mortgage and notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by ~his mortgage and shall be evidenced by an add~tional note then unpa~d, and the total amount of indebtedness that may be secu.ed by this mortgage may decrease or ;ncrease from time ro time, but the rotal unpa~d balance so secured at any one t~me shal! not exceed the maximum principal sum of = 15, Q00. 00 together with interest thereon and any and atl disbursements made by 1he Mortgagee for fhe 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 morigage, and for reasonable attorney's fees and court msts incurred in the colledion of any or aU of such sums of money. RETURN TO MORTGAGEE O ~ P. O. BOX 9647 ~ ~QQ R!VlERA BEACH. FLA. 33404 a~~v1 PACE~~~,1W _ , , , - - - -