HomeMy WebLinkAbout0039 ~f $OhMER AND FRASIER, P. Ei. -erawe~we~r~ar~etrrr+~*~a+~sw~eR-
P. 0. Box 2210 ''°"'Oi"" ~
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Stuart, Florida ~33494 ~"`~~`M`~~~ ~
COMMUNITY FE~ERAI SAVINGS AND [OAN ASSOCIATION OE RIVI~A ~EACM ~
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~or#~~~e ~ee~ .
25th A _ril__._____-------_________, __1974 ;
THIS MORTGAGE INDENTURE executed this day of _________p
by
KEITH C. BEARD and SANORA B. BEARD, his wife,
of the Couny of SL. Lueie , State of Fiorida, hereinafter called the Mortgagor, which term as used in every
instance shall include the Mortgagor's heirs, executors, successors, legal representatives, and assigns, including all sub-
sequent g~antees, either volunta~ily by act of the parties, or involuntarily by operation of law and shall denote the
singular and/or plural, and the masculine and/or feminine and the natural and/or artificial pe~s, wF~enever and
wherever the context so requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN
AS.SOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinafter
called the Mortgagee, which term as used in every instance shall intlude the Mortgagee's successors, legal ropresents-
tives, and auigns, as psrty of ihe second pnrt.
WITNESSETH, That for divers good and valuable cansiderations, and also in oonsiderotion of the aggregate
sum of money ~amed in the promissory note of even date herewith, hereinafter destribed, the Mortgagor does grant,
bargain, sell, alien, remise, ~elease, convey, and confirm unto the Mortgagee, in fee simple, the following described
real estatP, of which the Mortgagor is now seized and possessed, ond in actual pouession, situate in the County of
St. Lucie , State of Florida, to-wit:
Lot 9, Block 73, SOUTH PORT ST. LUCIE UNIT FIVE,
according to the Plat thereof, as recorded in Plat
Book 14, pages 12 and 12A through 12G of the public
records of St. Lucie County, Florida.
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TOGETHER with all strudures and improvements now and hereafter 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 deuription and the habendum hereof. Also all gas, steam, electric, water and other heating,
~ cooking, refrigerating, lighting, 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 detached or detachable.
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IT IS P1IUTUAILY 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 within twe~ty (20) years from the date hereof and be-
fore fuil 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 this mortgage and shall be evidenced by an additional note then
unpaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or intrease from time
ro time, but the total unpaid balance so secured at any one time shall not exceed the maximum principal sum of
a_ 37,200;00_~_____, together with interest thereon and any and all disbursements made by ihe Mortgsgee fo~ the
payment of taxes, levies, or insurance on the property aovered by the lien of this mortgage with interest on such disburse-
ments at the rote specified in the note referred to in this mortgage, and for reasonable attorney's fees and court costs
~ncurred in the mllection of any or all of such sums of money.
RETURN TO MORTGAGEE f ~
P. O. BOX 9847 600K~~7 PAGE
RIVIERA BEACH. FLA. 33404
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