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7lbl. lnstrttmeut eras. prepared hyt
Robert A. Burson/jb
of the Law OfHos of
CROMWSLL dt REMSEN
C,ommudty Federal BulklinB ,
Brwdway at Blue Heron
Alvbra Beach. Flarlda 3310!
COMMUNITY FEDERAL 3AVING3 AND LOAN ASSOCIATION OF RIVIERA BEACH
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THIS MORTGAGE INDENTURE executed this 16th day of May ~ 19 ?9.
by WELCOME HOMES CONSTRUCTION, INC. , a Florida corporation
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of the County of St. Lucie ,State of Florida hereinafter called the 11lortgagor, which term as used in every in- ;
stance shall include the Mortgagor
a heirs, executors, successors, legs! representatives, and assigru, including all subsequent grantees, either
~~olemtarily by act of the parties, or Involuntarily by operation of law acrd shall denote the singular and/or plural, and flee masculine and/~ s
feminine and the natural and/or artificial persons, whenever and wherever the eontert so requires or admits, as parties of the first part, and
CONlI?lUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a rnrporation existing under flee laws of the
United States of America, hereinafter called the Mortgagee, which term as used In every instance shall include the Mortgagee's successors,
legal representatives, and assigns, as party of the second part.
WITNESSETH, That for divers good and valuable coruideratiorrt, and also in consideration of the aggregate sum of money named
in the promissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, remise, release, convey,
and confirm unto the 1?lortgagee, in fee simple, the following described real estate, of which the Mortgagor is now seized and possessed p
and in actual possession, situate in the County of St. Il]Ci@ ,State of Fbrida, to•wlt:
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Lot 21, Block 537, PORT ST. LUCIE, SECTION TEN (10), according to the Plat
thereof, recorded in Plat Book 12, Page 49 of the Public Records of St. Lucie
County, Florida. ,
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deceived • O a' ~ In Payment 01 Taxes
' Due On Class "C" Intarpible Personal Property,
orr?suant To Chapter 71, 134, Acts Of 1871, f
ROGER POITFlAS ~
f Cterk Circuit Court, St. Lucia. Co., Fla. 2
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YET`--, i-LO~ C; -
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` 80~
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t TOGETHER with all structures and improvements now and hereafter os, said land and the futures attached thereto and all rrnb,
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issues, proceeds, and profits accruing and to accrue from said premises aD of whkh are included within the foregoing description and the
6aleendum hereof. Also all gas, steam, electric, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
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and power systems, machines, appliances, futures and appurtenances, which new or may hereafter pertain to or be used with, in or oo said
Premises, even though they may be detached or detachable.
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that union requrst of the ~tortuagor, the Mort- '
gages may hereafter, at its option, at anytime within twenty (20) yearn from the date hereof and before full payment of this mortgage
and notes secured hereby, make further advances to the Mortgagor and any such further advanax, 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 he securctil by this mort-
gage may decrease or increase from tune to time, but the total unpaid balance so secured at any one tune shall not cxa•cel the n,azimum
princhpal sum of = 41, 200. 00 ,together with interest thereon and any and all disbursements made by the Mortgagee for tlec pay- ~
nu•nt of taxes, levies, or insurance on the property rnvered by the lien of this mortgage with interest on such disbursements at the rate speci-
Pied in the note referred to in this mortgage, and for reasonable attorney's fees aced court costs incurred in the rnllection of any or all of
such sums of money.
f~(~ acrva.K TO IYSTPUME.YT PNEr'AaBt
n VV~J
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