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469801 •Ibia inttrnment w.a prepared by:
Robert A. Burson/pk
of the Law Of9oe of
CROMWSI.L ~ R>3MSEN
First Marine Back Bu~~ilwwdiaa~n?g 8th Fba
Riviaa~BelacBh. Fbrida 3310!
COMMUNITY FEDERAL SAVING4 AND LOAN ASSOCIATION OF RIVIERA BEACH
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;::IS :+IORTGAGE INDENTURE executed this 14th day ~ December , 1979 ,
by WELCOME HOMES CONSTRUCTION, INC., A Florida corporation.
of the County of St. Lucie St's °f Florida hereinaPoe< the MO1~''~• whidr term as used in every ih-
stanoe shall include the Mortgagor's heirs, executors, successors, legal representatives. and asstgnt, including all subsequent graatces, either
vdmtarily by ad of the parties, or invohmtarily by operation of Lw and shaII denote the singular and/or phrral, and the masr~ttTM and/or
feminine and the natural and/or artificial persons, arhenever and wherever the oonEe:t so requires or admits, as parties of the first part, and
COMMUMTY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIEM BEACH, a corporation existing under the laws of the
United States of America, hereinafter called the Mortgagee. which term as need fn every instance shall include the Mortgagees successors,
legal representatives. and assigns, as parh~ of the second part.
WITNESSETH, That for divers goal 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, seD, alien, remise, release, convey,
and confirm unto the Mortgagee, in fee simple. the following described real estate, of whim the Mortgagor is now seized and possessed,
and in achral possession, situate in the County M St.LuCie . State ~ Florida, to-wit:
Lot 29, Block 435, PORT ST. LUCIE, SECTION THREE, according to the plat thereof
as recorded in Plat Book 12, Page 13A, of the Public Records of St. Lucie
County, Florida.
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TOG)!'THER with aU structures and improvements now and hereafter oo said Land and the firtures attached thereto and aD teats,
issues, Proceeds, and profits aocrning and to accrue from said premises ail of which are included within tbe foregoing description and the
habendum hereof. Also all gas, steam, electric. water and other heating. ooolong, refrigerating. lighting, plumbing, ventilating. irrigating.
i and power systems, machines. appliances. fixtures and appurtenances. which cow 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 COVE\ANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, 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 notes secured hereby. make further advances to the Mortgagor and a~ such further advances, with interest, shall be secured by this
~ mortgage and shall be evidenc.~ed 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 shaII not exceed the maximum
principal snar of i 50 000.00 • together with interest thereon and sap and all disbursements made by the Mortgagee for the pay-
meet of tares, levies, or insirranoe on the property covered by the lien of this mortgage with interest on such disbursements at the rate sped-
fled in the rate referred to in this mortgage, and for reasonable attonre~s fees and court coats incurred in the collection of say or all of
such sums of rnor?ey.
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