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HomeMy WebLinkAbout2504 • ~ 13~ _ ~ 433846 . This irtstrument was prepared by: • Robert A. Burson/pk - of the Law O[fice of CRONWELL 6r RE~ISEN First Marina Bank Building 6th Floor 2Wl Broadway Riviera Beach, Fbrid$ 33404 CODi~iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALiti BEACHES UI #~tt~E ~ EEl THIS MORTGAGE INDENTURE a:ecuted this ~ ~ day of /Ef~f'i 19 80 , by EDWARD A. CANTWELL and ANNE F. CANZWELL, his wife. of the County of .-~+I'/ /V D ,State of 1$aine hereinafter called the Mortgagor, which term as used in c~•cry in- stance shall include the 1?iortgagor's heirs, executors, successors, legal representatives, and assigns, including all subsrtiiuent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shall denote the singular and/or plural, and the m:uculine and/or feminine and the natural and/or artificial persoru, whenever and wherever the context so inquires or admits, as parties of the lust part, and CO~t\[U\ITY FEDERAL SAVI\CS AND LOAN ASSOCIATION OF T11E PALAf BEACHES, a corporation existing under the laws of the United States of America, hereinafter called the 11[ortgagee, which tenor as used in every instance shall include the \lort;,;agee's successurs, leq:d representati~~es, and assigns, as party of the second part. ~YITNESSETH, That for divers good 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, sell, alien, remise, release, convey, au:l rnnfirnr unto the 11[ortgagee, 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 Florida. to-wit: Unit A, Parcel 1, of VILLA DEL SOL, INC., a Condominium, according to the Plat thereof,recorded in Condominium Book 1, Pages 1 through S, and Unit A, Tract 1, according to the amended plot plan of VILLA DEL SOL,a Condominium, recorded in Condominium Book 1, Pages 6 through 10, of the Public Records of St. Lucie County, Florida, together with an undivided share in the common elements appurtenant thereto, all according to the Declaration of Condominium of VILLA DEL SOL, as recorded in Official Record Book 182, Page 1323, Public Records of St. Lucie County, Florida. Rf"-"VED.f y"~- R~ IN Plk~l~flR Of TARE! t:;~ L'i Ci'£S 'C' CiI~4~ Cl,~. Fi L'u9~L PROPERTY L~ Fl': ..aT Tv : N'.?'.:.; 7t- Ri:TS OF 1971, CL: ::K C1.:_G.T i:,L;,T, ST. lUriE CO, fu ~ - i f E - - - , . t . - - _ - ~ ,y' ~ v. tj ~ ~ 0 t TOCET1iER with all structures and improvements now and hereafter on said land and the fiztrrres attached thereto and all rents, a issues, proceeds, and profits accnring and to accrue from said premises all of which are included within the foregoing description and the i ~ h:rbendum hereof. Alto all gas, steam, electric, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systerru, 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 11fUTUALLY COti•ENAr'VTED AND AGREED by and between the parties hereto that upon request of the 1lfortgagor, the'.tort- f ease may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment of this mortiage and notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by dais moitga%e 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 exce.-cl die maximum principal sum of S 46 , 400.00 ,together with interest thereon and any and all disbursements made by the 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 speci- fied in the note referred to in this mortgage, and for reasonable attonney's fees and court costs incurred in the collection of any or all of such sums of money. ~i»K329 Pa~E2502 nr.-rr-arr ro rxsrni;sr~rr rntrwnFn