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HomeMy WebLinkAbout2844 13' 480361 . 'ILb mstrumenc aar prepared br: Robert A. Burson of the Law Office of CROMWSLL 8c RSMSBN Firrt Marine Bank Building 8th F1oa S<001 Broadwayy Riviera Beach, Fbrida 33404 COMMUNITY FEDERAL SAVII~IGS AND LOAN ASSOCIATION OF RIVIERA BEACH ~AX#~~~P ~ EEC THIS MORTGAGE INDENTURE executed this 17th day of March 19 $Q by - WA YNE J. DU PU LS, a s Ingle man of t}?e County of ,State of Michigan hereinafter called the Mortgagor, which term az used in every in- stance shall include the Mortgagors heirs, executors, succeswrs, legal representatives, and assigns, including all subsequent grantees, either ~•oluntarily by act of the parties, or imolwitarily by operation of law and shall denote the singular and/or p)ural, and the masculine and/or fenvnine and the natural and/or artificial persons, whenever and wherever the contort so requires or admits, az parties of the first part, and CO\1MUNTTY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation existing wxler the laws of the United States of America, hereinafter called the Mortgagee, which tern as used in every Instance shall include the Mortgagee's successors, legal representatives, and assigns, az party of the second part. ~VITNESSETH, That for divers good and valuable considerations, and alw in coatideration 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 rnnfirm unto the Mortgagee, in fee simple, the following described veal estate, of which the Mortgagor is now seized and possessed, and in actual possession, situate in the County of Martin , Stato of Florida. bo-wit: - Lot 102, of TARPON BAY VILLAS, in accordance with the Piat thereof on file in the office of the Clerk of the Circuit Court in and for St. Lucie County, Florida, in Plat Book 20, Page 15. l •FCF1Ypp = /36_ pd~ dl MY1~1R OF TAXE>< cup yr ci.ss •c• 1?ITAI16:iilE PERSOItk! PROPERTY j r iL~-~rNi TJ :}lJ..°112 71-e.'~. At:TS Of 11171. 1 f P.;,GFR P81TitA5 CL:SDK p:i;,U,T CGi1NT, ST, lth~E CO, ~.m . _ _ _ - ! ~ - - ~ .l i • _ - - - _ ....-~i___ ( TOGETHER with all structures and improvements now and hereafter on said land and the futures attached thereto and all rents, issues, proceeds, and profits accruing awl to accrue from said premises sII of which are inducted within the fpregoing description and the habendrun hereof. Also all gas. steam, electric, water and other heating. ooolang, 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 f premises, scan though they may be detached or detachable. IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the I?fortgagor, the Mort- ~~agce 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 1?fortgagor 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 = 68, 000. 00 .together with interest thereon and any and all disbursements made by dre Mortgagee for the pay- ment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disbursements at the rate sped- - ~ fied in the note referred to in this mortgage, and for reasonable attorney's fees and court coats incurred in the collection of any or all of such sums of money. ~a~327 p~GE~842 as[vnts To rxsrxuufi.~-r p~~ }