HomeMy WebLinkAbout2144 1
. ~3~
4fi'~36'7`7 s ,nstrtrmeat was prepared by:
Robert A. Burson/jb
of the Lvr Offios of
CROMWELL ~ REMSEN
First Mari>b Bank Bu~~ilw~dlaayyng 8th Fbor
Riviera Baach.~)»7orida 33l0!
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOQATION OF RIVIERA BEACH
~DX#~I~~B ~EE~
THIS MORTGAGE INDENTURE executed this? S day of December ~ I~P9
by
WILLIAM T. SMITH AND PATRICIA A. SMITH, his wife
of the County of St. Lucie ,State of Florida herdnafoer called the Mortgagor, which term as used in every in-
staoce shall include the Mortgagor's heirs. executors, succeswrs, legal representatives„ aad aadgos, including all subsequent grantees, either
voluntarily by act of the parties, or involuntarily by operation of law and shaD denote the singular and/or plural.. and the masctrlinrs and/or
feminine and the natural and/or artificial persoa4, whenever end wherever the oonce:t so requires or admits, as parties of the first part, and
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation erdsting under the laws of the
Udted Staten ~ America, hereinafter called the Mortgagee, which term as rued in every ir~stanoe ahaD inchrde the Mortgagee's successors,
legal representatives, and assigns, as party of the second part.
WITNESSETH, Thaf for divers good and valuable coruideratiom, and also in consideration of the aggregate soar 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 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 FlorWa, to-wit:
Lot 3, Block 510, PORT ST. LUCIE, SECTION TEN (10), a Subdivision
according to the Plat thereof as recorded in Plat Book 12, Pages 49, 49A
through 49G, of the Public Records of St. Lucie County, Florida. ;
r.. . ;
i i 62 e;.
- . ~~G'i
~I l.li ;3y~!
i
E < 7
z
b ~ OfCflPEp f_J34Lt.y-= ~ ItAY~>R OF TAB ~ ~x= ~ 1
~ cIIE ~ cuss~~ utTAttecel.E PEtSON11L ntoPfiitrf, ill
PURSUAIfi TO tNAPTER 71-t24, ACTS OF M7~ -
CMJtI( CtlICYIT COUitT, ST. WCIE CO. • ! t t
~t ?•--i,
DD ~ ;
I
~ -
CJ
TOGETHER with aU structures and irnpmvements now and hereafter ~ said land and the firtures attached thereto and aII Hots,
issues, proceeds. and profits aaauing and to accrue from said premises all of which are included within the foregoing dese7iption and the
habeiidum hereof. Also all gas, steam, electric, water and other heating, oooldng, refrigerating, lighting. plumbing, ventiLting, 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.
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the Mort-
zagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment ~ this mortgage
and notes secured hereby, make further advances to the Mortgagor and a~ such further advances, with interest, ahaII be secured by this
~ nwrtgage 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 shaD not exceed the maximwn
prirrcipal sum of i 52, 400. 00 .together with interest thereon and a~ and all disbursements made by the Mortgagee for the pay-
ment of to:es, levies, or insurance on the property covered by the lien of this mortgage with interest an such disbursements at the rate sped-
fied in the note referred to in this mortgage, and for reasonable attonxy's fees and court costs incurred in the collection of any or aD of
such sums of money.
g~3~i P~~i4i ~ zrsmux~arr p~~