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HomeMy WebLinkAbout0416 ~ _ . o ~ ~ ~I~f IAfltUU1CD1 N'dS jlft•plft'(~ by: 4E'j ~ Marion M. Cromwell of the Law Office of if CROMWELL• ac REMSEN t . Coma~unity Fc~cleral BuiWinR Broadway at Bluo Heron Nivie~a Beach. Flarida 33404 (~OMMUNTTY FEDERAL 3AVII~1G3 AND LOAN A3SOQATION OF RMERA BEACH ~or#~x~e ~eea Ttlls MORTGACE INDENTURE ~ecuced th~s 28th day oE May , lg ?6 . by JACK A. MacDONALD, individually and trustee, joined~ by hie wife ~ ANTOINETTE MacD~NALD ~ _ ~ ut Uie (:ounty d iviartin , 5tate ot r lOY'1Q8 hereinatter calieci the lllortgagor, which tenn as use~l ~n every ur ~ .tance shall include the 1liortgagor s heirs, ezecutors, succ~esson, legal represeatativ~s, and assigas, includiag all subsequent graatees, either ; . oluntarily by act of tLe parties. or involuntarily by operation of Iaw and shall denote the singular and/or plural, and the masculine and/ar feminine and the natural and/or artificial pe~soas. whenever and wherever the coat~t so requices or admits. as parties of the first part, and CO?1i1~iUNI7Y FEDEML SAVINCS AND LOAN ASSOCIATION OF RIYIEM BEACH. a corporation e~usting under the laws of the l'nittd States of America, hercinafter callod tLe biortgagee, which term as «sed in e~•ery instance shall inchxie the Mortga~ee's successon. l~•Ral mpresentativea, and assigas, aa party of the second part. WITNESSEI'H, That for divers good ancl valuable rnnsideratioat„and ako in concideraHm of the aggregate sum of ~na~ey named in the promissory note of even date herewit6. hereinaEter described, the Mortgagor does gant, bargain. sell, alien, remise. release. convey. i .~nd oonf'um unto We 111ortgagee, in fee sunpk, the following desc~ibed real estate, oE which the I?iortgagor is now seized arxl possessed, ~ .~nd in actual po~sion, situate in the Co~mty of St. Lucie , State of Flozida, to-wit: ~ t a~i e r~ .3'S~~o? - s~~" _ ~ SS~_ O O 0/`" Lot 10, Block 72, SOUTH PORT ST. LUCIE UNTT FIVE, a subdivision, according to the plat thereof as recorded in ~ Plat Book 14, pages 12 and 12A through 12G of the Public Recorda of St. Lucie County, Florida. N~TA"~ E~~= F LG F-1; ~ - ~cc~r~?~r~TaRY,~-~ i~sz~r~~ sr,~ ~ ' ~z c~~Yr`. c,~ HE"vEriuf= 1 ; ~ .~t~_5/ p01 i - - .ii:!!3-'Tb~ re~NED PAYM ~n = Pe. ' ~ ~E ON 'C' INTANGIBLE N ENT Of TAXE'~ _ ::~~z - ~ ~n~ rur~r to auwr~ n-~. ~crs oF i~~~. ~~y~ j o posm Pomus G f G aaec c~axr aoua~, st. wcrt co, Fu, ! v~ i ~ \ ~0 ~ t i i ~ ~ ~ ~ ~ ~ ~ ~ , ~ TOGETHER with sll structures and "unpmvements now and hereafter on said land and the futures attached thereto and all rents, ~ issues, prooeeds, and profits accruing and to aocrue from said premises all of which are included within the foregoing description and the habendum hereof. Also all gas, steam, electric, water and ot6er heating, oooking, refrigerating, lighting, plumbing, ventilating, irrigating. ` .incl power systems, machines, appliances, fixhues and appurtenances, which now or may hereafter pertain to or be used with, in or on said ~ s prcmises, e~•en though they may be deiached or detachabk. ~ ~ ~ IT IS 11UTUALLY COVENANTED A1V'D AGREED-by and betwecn the parties hereto that upon rec;uest of the Mortgagor, the :~fort- ~ ~ ~agee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment oE this mortgage ~ ~ ~nd notes secureci hereby, make further advances to the I?iortgagor and any such further advanees, with interest, s6all be serured by this i ~ mortgage and sha11 be evidenoed by an additional note then unpaid, and the total amount of indebteclness that may be secured by this mort- i ~ 2 ~ ~azc may decreacc or increase fro~n time to tune, but the total unpaid balance so secured at any one time shaD not ezceed the maamum ~ principal sum of i3H~ 000. 0~ , toRether wid~ interest ihereon and any and ail d'ubursements made by the ~tortgagee for the pay- } ~~~c•nt of ta:es, lexies, or insurance on the property covered by the $en of this mortAaRe with interest on such disbursements at the rate speci- ~ (i~d in the note referreil to in this mortgage, and for reuonable attomey's fees ancl court caats incurtecl in the collection of any or all of ~ .+~ch sums of money. ~ ~ ~ t*~. ~ 253 p~ ~~P. O TBOX 10873 GEE ~ RIVIEliA BEACH. FLA. 3340-i ~ ~ n,:, e - - - ;x ~ . _ . .