HomeMy WebLinkAbout0118 f' L C~dL6(1 A]/ : ~LeF7AE:A r raSlei ~ , I ` rna~w~cev or +
. of Sommer and Frasier P.A. Attorneys ~ ~
P. O. Box 2210, Stusrt, Florida 33494 °r'°""'w~`t-~""'ew-a"'"`""~`"""°z"
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CAMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATiON Of RIVIERA dEACM ~
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TNIS MORTGAGE INDENTURE executed this da of __.._.____Au _ . ~
Y $17J~~-------------- 14-~---.
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JOACHIM DEVELOPMENT, INC., a Florida corporation, '
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~tt'he'Cbvrrt~~f , 5rtat+e~fbrida, hereinafter called the Mongagor, which te~m as used in every ~
instance shall inciude the Mortgagor's heirs, executors, successors, legal representatives, and suigns, Intiuding all sub- ~
sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of !aw and shal) denote the ~
singular and/or plural, and the masculine and/or feminine and the natural and/or artificial 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 under the laws of the United States of America, hereinafter ~
called the_Mo~tgagee~ which term as u_sed_in every instance shall include the Mo~tgagee's successors, (egal representa-
tives, and assi9ns. as PahY of the second pari. _
WITNESSETH, That for divers good and valuable consicierations, and also in oonside~ation of the aggregate
sum of money named in the promissory note of even date herewith, hereinafter desuibed, the Mortgagor does grant,
bargain, sell, alien, ~emise, release, convey, and confirm unto the Mortgagee, in fee simple, the fotlowing described
rea0 cSi~~P.~ of which the Mortgagor is now seized and possessed, and in actual possession, situate in the County of
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St. LuCiE , State of Florida, tawit: ~
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Lot 8, Block 140, of SOUTH PORT ST.~-LUCIE, 3
UNIT EIGHT, a Subdivision according to the t
Plat thereof, recorded in Plat Book 14, ~ ' ~
page 26, 26A thru 26D, of the Public Records
. of St. Lucie County, Florida. ~
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E ~ G 1~ MYMEIR ~ TI~E4
` ~IVD Mro~~n~
; , p~q1 CIASS 'C INTAMI{~ ~ER90M~~ 191L lc ~
~ pp~N1 70 Ci1FP'~E'~ 71-13R. l~ ~I `
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r~_ STATE oF Ft,., O R I p
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U~,MF,NTARY,.~.:.
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~ O E Pi. OF REYENUE .~`_~"-----P i A X
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~ TOGETHER with all strudures and improvements now and hereafier on said land and the fixtures attached
~ thereto and all rents, issues, proceeds, and. profits accruing and to accrue from said premises all of which are included
within the foregoing description and the habendum hereof. Alw all gas, steam, el~ctric, water and other heating,
- cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, appliances, fixtures
and appurtenances, which now or may hereafter pertain to or be used with, in or on said premises, even ihough they
may be detached or detachable.
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fT IS P:IUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mort-
gagor, the Mortgagee may hereafter, at its option, at anyt~me within twenty (20) yea~s from the date hereof and be-
fore full paymem of this mortgage and notes secured hereby, make further advances to the Mortgagor and any such >
~~Y further advances, with interest, shall be secured by this mortgage and shall be evidenced by an additional note then r
~ 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 the maximum principal sum of _
s 44 • OQ0~00~.___, together with interest thereon and any and all disbursements made by fhe 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 eosts
~ incurred in the collection of any or all of wch sums of money. ,
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RETURN TO MORTGAGEE
P. O. BOX 9847 ~ ~ "
~ RIVIERA BEACH. FLA. 33404 ~OQK~~~ PA~ ~ ~
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