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1Li: instrument was prepared by:
• Robert A. Bursonjb
of the Law Office of
CROMWELL 8t REMSEN
First Marine Bank Building 6th Floor
QA01 Broadwayy
RIviera Beach, Florida~334Q4
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH
~~X#~~~E ~EE~
TIiIS I?tORTGAGE INDENTURE executed chic 26th day of November . I9 79 .
1'y WILL LAM H. CROASDALE AND HELEN R. CROASDALE, his wife
of the County of Martin ,State of Florida hereinafter called the Mortgagor, which tens as used in every ia-
stance shall include the Mortgagors heirs, executors, successors, legal repreaeatativas, and assigns, including all subsequent Rrantees, either
voluntarily by act of the parties, or involuntarily by operation of law and shall denote the singular and/or plural, and the masculine and/or
feminine and the natural and/or artificial persons, whenever and wherever the oontert so requires or admits, as parties of the first part, and
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIAITON OF RIVIERA BEACH, a corporation a:fisting under the laws of the
United States of America, hereinafter called the Mortgagee, which term as used ip every instance shall include the ~{ortgaRec's successors,
IeQal representatives, and assigns, as party of the second part.
WITNESSETIi, That for divers good and valuable considerations, and also in ~dention of the aggregate sum of uwney 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 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 St. Lucie .State of Florida, to-wIt:
Beginning at the SE corner of Lot 5, WINDMILL VILLAGE, UNIT 2, Plat Book
16, Page 31, public records of St. Lucie County, Florida; thence S. 89056'22"
W., along the S. line of said Lot 5 a distance of 37. ?5 feet; thence N. 00000'32" W.
_ a distance of 110. 00 feet to the N. line of said lot; thence N. 89°56'22", E.
alongo aid N. line a distance of 37. 65 feet to the NE corner of said Lot 5; thence
S. 00 03'38"E. a distance of 110. OOfeet along the E. line of said lot to the
point of beginning. The N. side of property bordering on canal,
i
I
~ ttECEtYED s 97,T ~ iN PAYIYI'_}tT Oi TAxES
DItE ON CLi.SS 'C' INTANG=BLt: PEP.SJNAL PROPERTY.
C1~ PYRSUANT TO GRAFTER 71-i:4, l;CiS OF lfTl.
' R06ER POR+ZAS
CLfM gRCU1T CouRT. ST. WCIE Co, Fu J,M .
-
TOGETHER with all structures arld improvements now and hereafter on said land and the firtures attached thereto and aII rents,
issues, proceeds, and profits accruing a~ to accrue from said premises aII of which are included within the foregoing description and the
~ habendum hereof. Also all gas, steam, electric, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances, fixtures and appurtenances, which now or may hereafter pertain to or be used with, in or on said
premises, even though they may be detached or detachable.
a
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the :Mortgagor, the 1?iort-
i;agee may hereafter, at its option, at anytime within twenty (20) yeah 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 advances, with interest, shall be secured by this
n mortgage and shall be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be secured by this mort-
gage 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 sum of a48, 700. 00 ,together with interest thereon and any and all dubursements made by the Mortgagee for the pay-
ment of taxes, levies, or insurance on the property covered by the li~ 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 and court casts incurred in the collection of any or all of
such sums of money.
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