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HomeMy WebLinkAbout1637 • 3 S'0 4~i8 331 ~Ibi. instnuaent preQ~a hy: . of the Law of cROMwELL ~ REMSEIv First Marine Back Building 8th Fbor 5001 Broadwayy Riviera Beach, Fbrida 3340! COMMUNITY FEDERAL SAVINGS- AND LOAN ASSOCIATION OF RIVIERA BEACH ~~r#g~gE ~e>~~ THIS MORTGAGE INDENTURE executsd this. 30th day of November ~ 19 79 by JOHN P. SIKTAR AND JANE SIKTAR, his wife, and MARK C. WISE AND YVONNE WISE, his wife of the County of St. Lucie ,State of Florida ht~after called die Mortgagor, which term as used in every in- stance shall include the Mortgagor's heirs, a:stators, successors, legal reprpeutativd, and assigru, including all subsequent grantees, 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 context so requires or admits. as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIAITON OF RIVIERA BEACH, a corporation ericting under the laws of the United States of America, hereinafter called the Mortgagee, which term as med is every irutanoe shall include the Mortgagee's successors, Igal representatives, and assigns, as part}• of the seed part. - WITNESS)•'TH, That for divers good and valuable considerations, 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 I?lortgagee, 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 Fbrida, to-wit: Lot 22, Block 53, of RIVER PARK SUBDIVISION, Unit 5, a Subdivision according to the Plat thereof, recorded in Plat Book 11, at Page 31 of the public records of St. Lucie County, Florida. _ - _ ; = ~ ~ - 1 - - sECi~~~.n ~ y/, be 1x P>,Y~:~ of T~tx~ ^ O C!!~ B Cl~_S 'G' I;ITiI::G.SLE °~i`.'.Al P'~'EitTYt d~ P(iSSBRiii IO C}LSPTEd TI-1~4, AC1S OF 1871. ~ R06ER Pt71TRAS ci~tx t~1nr calgr, ar. iu1a~ ca, Fug Ni TOGETHER with all structures and improvements now and hereafter on said land and the furtures attached therein and all teats, issues, proceeds, and profits accruing and to accrue from said premises aII of which an included within the foregoing description and the habenclum hereof. Also aD 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 p~em;ses, e~•en though they may be detached or detachable. IT IS MUTUALLY COVE\ANTED AND AGREED by and between the parties hereto that upon request of the ltortgagor, the Mort- gagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment of this mortgage and rates secured hereby, make further advances to the Mortgagor and any such further advances, 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 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 i 20,800..00 ,together with interest thereon and any and all disbursements made by the I?iortgagee for the pay- ment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest an such disbursements at the rate speci- fied in the note referred to in this mortgage, and for reasonable attonaey's fees and court costs incurred in the collection of any or all of such sums of money. aoox321 P~~~i636 aervnx TO rxsrnUMffiHT Pa~wxsx