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HomeMy WebLinkAbout2761 . ~ Mari nAM. Cro~well/jm ~ ~ • pF CROMWELL, q[M~[N. PFAFF[N~ERGER. OORDON • OAHI.MEIER 31923'~ ~OMMUNITY FEO[RAL ~UILDINO ~ •ROADWAY AT ~LU[ NERON ~ RIVI[RA ~[ACH, FL.ORIOA »104 ~ } o • 1 COMMUNITY FEDERAI SAVINGS AND LOAN ASSOCIATION O~ RIV1~11 dEACH ; ~or#~~$e ~PP~ ~ 15th October 19?5_ THiS MORTGAGE INDENtURE executed this day of by DEAN DEVELOPMENT CO. , INC. , a Florida corporation of the County of Marti1'i , State of Florida, hereinafter called the Mortgagor, which term as used in every instance shall include fhe Mortgagor's heirs, executors, successors, legal representatives, and assigns, including aii sub- sequent grantees, eiiher voluntarily by act of the parties, or involuntarify by operation of law and shall denote the , singular and/or plural, and the masculine and/o~ feminine and the natural and/or anificial persons, whenever and whereve~ ihe context so ~equires or admits, as parties of the first pari, 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 Mortgagee, which term as ~sed in every instance shall include the Mongagee's successors, (egal representa- tives, and assigns, as party of the second part. WITNESSETH, That for divers good and valuable considerations, and also in consideration of the aggregate sum of money named in the promissory note of even date herewith, hereinafter described, the Mortgagor does g~ant, bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, in fee simple, the following deuribed real estate, of which the Mortgagor is now sei2ed and possessed, and in actual possession, situate in the County of St. Lucie , State of Florida, tawit: _ Lot 5, Block 44, - INDIAN RIYER ESTATES UrTIT SEVEN, a subdivision ~ according to the plat thereof as recorded in Plat Book 10, page ?5, of ~ the Public Records of St. Lucie CounEy, Florida. - _ ! ~ A'P"A~SERS f usE oN~K •~~lC'~-~C'?g- ~/7 C~C~~' l` . I ~ . . . - . . . . . . ~ ~ ~ `n STATE oF FLOR4.._.A ~ DO.r.UMEN7ARYsa'"`~;,STt~'~ ~=a ~ _ ~l ` ` ~ ~ 1 ~t?i. j~~ 1{~VEa,UL ~ t~r ~ Y f ~ - = ~ r•~~ ~ 3 ~ = r.s_ i ~ = i~~r2 ~ ~ ~ - ~ , , i ~ € ' ~ ~ ~ _ _ : O U IN PAMMBIf ~ ~ ~ ~ ON~ l~ IIItA[ICIeI.E PQOPFJt1Y+ ; p~illAT 10 dMP'EZ n'l~` ~ Of 19I1. `,u ~ ~ 1106~ / ~ ~ ~ ( j a~{K p11q1R ~ iT. WCIE CII. ~ ~ ~ . i ~ f i TOGETHER with all struttures and improvements now and hereafter on said land and the fixtures attached thereto and alt 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. Also all gas, steam, electric, water and other heating, cooki~g, refrigerating, lighting, pl~mbing, ventilating, irrigating, and power systems, machines, appliances, fixtures ; and appurtenances, which now. or may hereafter pertain to or be used wilh, in or on said premises, even though they ~ may be detached or detachable. ~ IT IS 111UTUALIY 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 fvll payment of !h~s 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 ~npaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or encrease from time ro time, but the total unpaid balance so secured at any one t~me shall not exceed rhe maximum principal sum of E--~4~Q~~ 44.~____, together with interest thereon and any and all disbursements made by the Mortgagee for the payment of taxes, levies, or insurance on the prope?ty covered by the (ien of this mo~tgage 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 costs ~ncurred in the collection of any or all of such sums of money. RETURN TO MORTGAGEE P. O. BOX f 0673 RIVIERA BEACH. FLA. 33404 ~iii - - ~ ~ _ . . . _ . _ = _ _