HomeMy WebLinkAbout1871 •o co~roe~noM •wow ~NOw~ouw~ ~29 ; . r ~ ~'a ~
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• E:r~~~~~ ~hp dpy oj Octoher . A. D. iy 74 by
(iLSNN R. HALSLY a nd CAROL S: BAL3I.Y h is w if e,
herpinaJ~er callec~ the mortgaflor, to ~ypItIDA JIIRCR~?FT FBDaRAI+ CRBDIT UNION
a corporation existing un~Ier Ihe ~aws oj thR $tatQ.~ United Statea, u~ilh ifs permanent postofJice
ac~c~reu a!
hereina~fer cn~~e~ the morfgapee:
(V1~hemYr uud hercia tse aran "sor~~s;or~ a~d "mo?taasee" inrlude all the putia to ~lis i~+wsrwt a~d ~be i~e'vs.
e
le~al rcprnrnati~es and a+si~ro oI i~diridwb. and t6e wcce~xrs sed assi~w o( corpwatioes: a~d tAe urs `•wet••
iraludes all tbe notes bcrci~ de~cribed it aore ~Aae oae.)
~Itn~e~~ that f
or good and valua6le consideratio~s, and also in rnnsiderafion o/ the ags~re- ~
~ gate sum nnme~ ~n Itie promissory note o~ euen dafe {~erewif~, her~i?ia~ler descri6ec~. fhe mortgagw kere-
by gronts, baryains, se~~s, a~iens, remises, conveys ancl conjirms unto ftie moHgngee n~~ !he cerlain ~anc~ ~
oJ wl~ich Ihe mortgaflor is now seized and in posse~sion situate in St . L11C~@ Counly,
1,
F~oric~a. t+iz:
The South 100 feet of the North 1038.84 feet of •
~io~vernnsent Lot 2, Section 19, Tvwnship 36 South,
Range 41 Baat, St. Lucie County, Florida~ LESS
riqhts of Way for South Indian River Drive and
FEC Railroad.
Thia is a Second irbrtgaqe eubject to that certain
M~ortgage held by Citizens lederal Savinqa and I,oan
~saoci~tion of St. Lucie County, secnring the awn '
of $ ,200,00, recorded in Official Record Sook paqe
C ~ public records of St. Lucie County , Florida.
It ia aqreed between the nartqaqor Snallhbe~co
sidered
that any default in abo~ve mortgaqe h
- a default of this awrtqaqe.
It is agreed that this mortgage shall secure any future advances
~ or loans made by the mortgaqee to the mortgaqor at any ti.me with-
~ in ten (10) years from the date hereof to the same extent as if
~ such future loans or advances were made on the date of the exe-
~ cution of this mortgage; provided, however, that the total un-
paid balance of the indebtedness secured by this mortgage at
any one time shall not exceed a maximum principal amount equal
to 200 per cent of the principal amount originally secured here-
by, plus interest on such maximum principal amount and any dis-
bursements made for the payment of taxes, levies or insurance
on the property covered by this mortgage, with interest on such
disbursements. The makinq of such further or future advances
a or re-advances shall be optional with mortgaqee. Such advances
or re-advances may be made under the provisions hereof to the
~ present or to any fu~ure owner of the mortgaged premises.
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s~ Ci ri _ }pc~ER tOno~ .
C-0 W Oh ~,2;: L~r~:};T CU',.~t• S?. LJ:!f. d1. f.Jl .
This (nstrument prepared by EDITH FO~iN
~ q LAWYERS TITLE INSURANCE CORPORATION
~ ~ 115 S. Olive Avenue, West Palm Beach, Florida
~ ~ incident to issuance oi conhacts of Title Insurance
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s~ w o~ ~ e00K~~ PAGE18~
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