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HomeMy WebLinkAbout0521 ~ r • ' • . ~3 ~ 480'78' ~a Robert A. Burson/n~k of the Law Olllos of ®WdWBLI. ~ 8ffiI[SBN lhat Marlns Bank Bnlldin~ .6th Flooe Rivlaa~)d~.nF7wida 33t10~ QOMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RMERA BEACH - ur#~~~e ~ ee~t THIS MORTGAGE INDENTURE executed this 21st day of March • i9 80 c' by 1 J. THOMAS SPRINGER and JACQUELINE SPRINGER, hie wife. t i f of the County of Indian River ,state of Florida haminafber called the M ortgagor, which term as used in every irr stance shall include the Mortgagors heirs, executors, successors, legal representatives, and sasigrrs, including all subsequent grantees, either voluntarily by ad of the parties, or involuntarily by operation of law sad shaD denote the singular and/or plural. and the masculine and/or feminine and the natural and/or artificial persons, whenever and wherever the context m requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH, a corporation existing under the )aws of the United States of America, hereinafter caned the Mortgagee, whidr term ss used in every instance sbaD include the Mortgagee's successors, I Legal representatives, and assigns, as party of the second part, WI7TVESSETH, That for divers good and valuable eansidentioas, and aLo In ooasideration of the aggregate sum of money named in the promissory note of eves lobo herewith, herdnafter described, the Mortgages doe grant, bargain, sell, alien. remise, release; convey, . and confirm-unto the Mortgagee, io fee simple, the following described real estate, of whkh the Mortgagor is now seised and possessed, and in actual possession, sittube in the County of St. Lucie • state of FlorWa, to-wlts ~ Lot 203, of TARPON BAY VII.,LAS, in accordance with the Plat 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. - ~ ~EVchJ~ _ 1 ~ _ RsCewru • ~ m Payment Ot Tatas l Dues On Ctat+s "C" ir.:anptMe Personal P1ropMq, J Irunuant To Chspt« 71.134. /lots Of 1111. . a ~ rortw~s ~ ~ ~ ~ cl«+t~s~a~cap. ~ _ ~ TOGETHER with all strtrdures and improvements new and hereafter on said land sad the fi:tnres attached thereto and aII reams, issue:, proceeds, and profits accruing and to sornre from said premise aIl of which are indnded within the fareg~oing description and the habeadum hereof. Also aD gas, steam, electric, water and other heating, cooking, refidgesating, lighting, phnmbing, ventihting, irrigating, s and power systerw, machines; appliances, fixtures and appurbeoanoa, which now or may hereafter pertain to or be used with, in or on said premises. even though they may be detached or detschabb. ' IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon r+egtrest ~ the Mortgagor, the Mort- gages may hereafter, at its option, at anytime within twenty (3D0j yeas fiom the date hereof and before full payment of this mortgage and notes secured hereby, melee further advances to the Mortgagor and auy snch further advances, with interest, shaD be secured by this ' mortgage and shall be evidenced by an additional note then unpaid, and the total amannt of indebtedness that may be secured by this mort- gage may decrease or increase from time to time, but the total unpaid bahurce so segued at any one time shaD not e:oEed the maximum prindpal sum of = ,together with interest thereon and any and all disbursements made by the Mort gee for the ~ 56, 000.00 - ga pay- ment of to:es, levies, or iasnrance an the property oavered by the liw of this mortgage with intere~ on stub disbursements at the rate sped- ! fled in the note referred to in this mortgage, and for reasonable attorney's foes and court costs incurred in the collection of a~ m aII of such sums of money. 6U0 ~ PA6f nsrvarr ro wrratn[srrr rrt~,ute, _x'