HomeMy WebLinkAbout1631 ~-l~~?y111 ~`.Q~... 44391'7 ~
HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF PALM BEACH
Tw>, I~slrwM~t Was ?nporrd ~ri
~,1~'~I1Tf~2t~L ~ CCII DOUGLAS R. NEU
~ (3UNSTER, YOAKIEY, CRISER, STEWARt i MERSEY, ?.A
Firs) Not~oeol tlaek WiWitp, Mlw ti~oc?, Florida »I~0
THIS MORTGAGE INDENTURE executed thb 4th day of May t 9 7 9
by
CECIL J. SILLS AND
MARIE E, SILLS, HIS tr'IFE
of the County of Polm Beach, State of Florida, hsreinohsr called the Mortgagor, which term as used in every instance shall
include the Mortgagor's heirs, executors, wccesson, legal representatives, and assigns, including all wbsequent grantees, either
voluntarily by act of the parties, or involuntarily by operation of law and shall denote the singular and/or plural, and tM
masculine and/or feminine and the natural and/or artificial persons, whenever and wherever the context so requiros or admits,
os parties of the first part, and HOME FEDERAL SAVINGS AND IOAN ASSOCIATION OF PALM BEACH, a corporation existirp
under the laws of the United States of America, hereinaher called the Mortgagee, which term as used in every instances shall
include the Mortgagee's wccesson, legal representatives, and assigns, os party of the second parr.
WITNESSETH, That for divers good and valuable considerations, and also in consideratwn of the aggregate wm of money
named in the promissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, re-
mise, release, convey, and confirm unto the Mortgagee, in fee simple, the following described real estate, of which the Mortgagor
is now seized and possessed, and in actual possession, situate in the County of `W Jb, State of Florida, to-wit:
1JlIJ~~
LOT A, BLOCK 20, QUEENS COVE UNIT O~IE, ACCORDING TO THE PLAT THEREOF,
AS RECORDED I!~ PLAT BOOK 11, FAGES 12A THROUGH 12C, OF THE PUBLIC
RECORDS OF ST. LUCIE COUNTY, FLORIDA.
_ _
`
-
~C,•/
9.9 7 ~ ~ . 6d
~ 3 R.o.lwa • r ~ ~M aTs
IDw on aces . rr«sttFt~ ~r~t>~
rwswttt Te Gteoter 71.1>f1. Awe p 1l~1.
e
f
i
3
,
"s
3
s
TOGETHER with all structures 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 de-
scription and the haben lum hereof. Also all gas, steam, electric, water and other heating, cooking, refrigerating, lighting, plumb-
ing, ventilating, irrigating, and power systems, machines, appliances, fixtures and appurtenances, which now or may hereoher
pertain to or be used with, in or on said premises, even though they may be detached or detachable.
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor,
the Mortgagee may hereafter, at its option, at anytime within ten (10) years from the date hereof and before full payment of
this mortgage and notes secured hereby, make further advances to the Mortgagor and any wch further advances, with inter-
es~, shall be secured by this mortgage and shall be evidenced by an additional note then unpaid, and the total amount of in-
debtedness that maybe 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 wm of S 9 3 ~ 0 0 . 0 0 ,together with interest
thereon and any and all disbursements mode by the Mortgagee for the payment of taxes, Yevies, or inwrance on the property
covered by the lien of this mortgage with interest on such disbursements at the rate specified in the note referred to in this
mortgage, and for reasonable attorneys fees and court costs incurred in the collection of any or all of wch sums of money.
TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and appurtenances, unto the Mortgagee,
f in fee simple.
~ AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple; that
he has full power and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful for the Mortgagee at all
times peaceably and quietly to enter upon, hold, occupy and 'enjoy said land; that slid loud is free from all incumbrances;
that he will make such further assurances to protect the fee simple title to said land in the Mortgagee as may reasonably be
required; that he does hereby fully warrant the title to said land and will defend the same against the lawful claims of all per-
sbns whomsoever,
~~3U8 ~f163i
M
s,
g.~