HomeMy WebLinkAbout0244 /.3 - `
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Robert A. Burson/rk
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CROMWBLL dc RBMSSN
Communiq? Fedeial BuiWtn~
Broadway at Blue Heroo
AivZe:a Beacb. Florjda 3340~
COMMUNITY FEDERAL SAVINGS AND LOAN AS.SOQATION OF I~~MERA BEACH
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THIS MORTCAGE INDENTURE e~ecnced this p~i9¢ day of `i3~~~ . 19 ?g , }
by BRION W. MCDERMOTT and PATRIC~A S. MCDERMOTT, his wife.
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of the County of ~a~~W~.~ , State af 6ereinafter called the Martgagor, which tean as used in e~~ery in- i
Florida
stance shall include the Mortgagors 6eirs. e:ecutors, sua~ssors, legal representatives. and assigns, including all subsequent grantees, eith~ i
. oluntarily by act of the parties, or iavoluntarily by operation ~ law and ahaII denote the singular and/or plural, and the masculine and/or '
feminine and the natural and/or artificial persons, whenever and wherever the ooatert so requires or admits, as parties of the first part, and
CO~IMUMTY FEDERAL SAVINCS AND LOAN ASSOCIAITON OF RIVIEM BEACH. a corporation ezisting under the laws of the
United States of America. hereiaafter called the Mortgagee, which term as used in every instance ahall include the Mortgagee
s suc~ssors,
leqal representatives, and assigac. as party of ibe seca~d part.
WITI~iESSETH. Tbat for divers good and valuable consideratioffi, and at9o in consideratyon of the aggregate sum of money named `
iu t6e promissory note ~ even date herewith, 6ereinafter described, the Mortgagor does ~rant, bargain, sell, alien, remise, release, coavey. ~
and oonfirm unto ihe Mortgagee, in fee simple, the following described real estate, of which ihe Mortgagor is now sei~~ed and poasesaed, ;
and in actual possessioa, situate in the County of St. Lucie , State of Fbrida, to-wit: ~
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Lot 22, Block 408, PORT ST. LUCIE, SECTION THREE (3), a Subdivision ~
according to the Plat thereof, recorded in Ptat Book 12, Pages 13 A-I, of ~
the Public Records of St. Lucte County, Florida.
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!M PATifE1fT OF TAXES
~ Q~F ON CL_SS 'C' tMT~R6:81E PERSOMI4L pqppERn~
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~ TOGETHER with all structures and improvements naw and Lereafter on said land and the fixtures attacbecl thereto and all reab, ~
~ ;ssues, proceeds, and profib accruing and to accrue from said premises all of which are ine]uded within the foregoing description and the i
- habendum hereof. ALw aD gas, steam. electriq water and other heating, cooldng, refri8~~?S, li8b~8, Plumbing, ventilating, irrigating,
- and power systems, machines, appliances, firtures and appurtenances, whic6 now or may hereaEter pertain to or be ~ued with, in or a~ said
Q prenrises, even tLough theY may be detacbed or detachable.
- IT IS MU7UALLY COVENAAITED MD AGREED by and between the parties hereto that upon request of the I~tortgagor, the Mort-
~ gagee may hereafter, at its option, at anytime within twenty (20) yeais from the date hereaf and b'efore full payment of this ~nortgage
A and notes secured hereby, make further advances to the I?tortgagor and any such further advances, with interest, shall be secured by this ~
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_ ~nartgage and shall be evidenc~ed by an additional note then unpaid, and the total amount of indebtedness tl~at may be secured by this mort-
~ gage may decrease or increase from time to time, but the total unpaid balanoe so secured at any ooe time shall not exceccl the ma:imum
~ principal snm of ; 3~~ 4~0. ~0 . together with interest thereon and any and all disbursements made by the Afortgagee for thc pay-
~ ment of tazes, levies, or incurance on the property rnvered by the lien of this mortgage wit6 interest on such disbursements at the rate speci-
~ fied in the note referrecl to in this mortgage. and for reasonabk attorney's fees and court casts incurred in the colle..~tion of any or all of
~ suc6 sums of money. i
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3UC~r ~~O PAG` ~4~ s
s RETURN TO LHSTRIJ]fE.r'T PREPARffit s
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