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HomeMy WebLinkAbout2210 • 480013 ~3 / ~ ~ ~ ZLis instrument wax prepared by: • Robert A. Burson/vk of the Lw OffIoe of CROMWELL 8r REM5EN Community Federal Building Broadway at Blue Heron Riviera Beach, Florida 3340! COMMUNITY. FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH ~DX~~tI~e ~EE1~ THIS 1110RTGACE INDENTURE executed this Sth day of March 1980 by VICTOR ALTERIZIO and NATALIE V. 0. ALTERIZIO, his wife. of the County of FJfF X ,State of New Jersey hereinafter called the Mortgagor, which term as used in every in- stance shall include the Mortgagor's heirs, e>cecutors, successors, legal representatives, and assigns, including all subsequent grantees, either ~ oluntarily 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 Conte:t so requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinafter called the 1?iortgagce, which term as used in every instance shall include the Mortgagee's successors, legal representatives, and assigns, as party of the second part. WIT\ESSETH, That for divers good and valuable considerations, and also in consideration of the aggregate sum of money named iu the promissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, remise, release, convey, and confirm unto the 1?iortgagee, in fee simple, the following described real estate, oaf which the I?fortgagor is now seized and possessed. and is a~ possession, situate in the County of St. Lucie .State of Fbrida, to-wit: Lot 11, Block 777, PORT ST. LUCIE SECTION 18, according to the Plat thereof, recorded in Plat Book 13, Page 17 of the Public Records of St. Lucie. County, Florida. . O• ~ 3 f _ - - - ~ Received • ~ ~ In Payment Of Tate» . ~ - ! dux On Class "C" Intangible Personal or~operlr, • - ~ a oursuam To Chapter 71.134. Acts Ot ?~71. . ~ - ` ~ :1. J ~j ~ ROGER POITRAS _ _ - - _ - P ~_tery Circuit Court. St. Lucie. Co., Flo. TOGETHER with all structures and improvements now and hereafter on said land and the futures attached thereto and aII rents, r;;ues, proceeds, and profits accruing and to accrue from said premises all 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, i and power systems, machines, appliances, fixtwes 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. 1 IT IS ?MUTUALLY COVENA\TED A\ll AGREED by arxi between the parties hereto that upon request of the Mortgagor, the Mort- 1 kagee may hereafter, at its option, at an}•time within twenty (20) years from the date hereof and before full payment of this mortgage and notes securrcl hereby, make further ad~•ances to the 'Mortgagor and any such further advances, with interest, shall be secured by this } n+o+iga~e and shall be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be secured by this mort- ~aqe may decrease or increase from time to time, but die total unpaid balance so secured at any one time shall not excred the maximum principal sum of $ 20,000.00 ,together with interest thereon and any and aU disbursements made by the Atorti;agec for the pay- ment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disuurscuicnts at the rate speci- fie•cl in the note• referred io in this nwrtgage, and for reasonable attorney's fees and court costs incurred in the collection of any or ail of x ( such sums of money. F ~ +f nE7L"RN TO 1\STRU~iE.\'i PREPAAER ~1.'~x327 Pa~E2209 e vt¢. _ _ - ~ - - . - - _ .