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HomeMy WebLinkAbout0205 a 13~ _ • 4842`JO T~ w.a pre~area by: 1 Robert A. Burson/pk ' of the Law O[ftoe of ~ ' CROI?iWELL do REMSEN Flrst Marisa Bank Buikllnyg 8th I:'loot Riviera~Beadr, Florida 3340! - GOM11iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES r~ THIS MORTGAGE >;D3pENTURE executed this day of ~ 1980 by IrpRDECA~ E. BERROWITZ and JUNE BERKOWITZ, his wife. of the County of ,State of Massachusetts hereinafter called the Mortgagor, which terns as used in every in- stance shall include the Mortgagor's heirs, executors, successors, legal representatives, and assigns, including all subsequent grantees, either voluntarily by aM 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 context so requires or admits, as parties of the first part, and ' CO\imUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES, a corporation existing under the laws of the United States of America, hereinafter called the I?lortgagee, which term as used is every instance shall include the mortgagee's successors, legal representatives, and assigns, as party of the second part. - WITNESSETH. That for divers good and valuable considerations, and also in coadderat~n of tbe aggregate sum of money named in the promissory note ~ even date herewith, hereinafter described, the Mortgagor does grant, bargain. sell, alien, remise, release. convey. and confirm unto the Mortgagee, 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 afSt . Lucie ,State of Florida. to-wit: Unit 1404, in OCEANA OCEANFRONT CONDOMINIUM II, according to the Declaration of Condominium of Oceans Oceanfront Condominium II, recorded in Official Record Book-327; Pages 1684 et seq., Public-Records of St. Lucie County, Florida (the "Declaration of Condominium"), together with an undivided share in the Common Elements appurtenant to .such Unit and all other appurtenances to such Unit as set forth in the Declaration of Condominium. - ~ D~~ f e.o.Mw ~ Alr~ a~itrs ow on ci...1c- ittlm~lw hr.oea w+op«t>ti PtrsY~llt To Gyptw 71.1>k„ AAS Ot 1>i'7 _ _ - - r - - ~ 1 110 /i0n11AS ' ~ i't c .e . t _ rte:. , i 1 - I 0 ~ - I TOGETHER with all structures and improvements now and hereafter oo said land and the fbrtnres attached thereto and aD reab, issues, Proceeds, and Profitsaccruing and to accrue fmm said premises aII of which am included within the forega3ag description sad the z' 6abendum hereof. Also all gas, steam, electriq water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating. ~ and power systems, machines, appliances, fixtures and appurtenaaoes, which now or may hereafter pertain W or be used wifh, in or on said premises, even though they may be detached or detachable. ~ . ' ? IT IS MUTUALLY COVENANTED AND AGREED by and between tbe parties hereto that upon request of the Mortgagor, the Mort- s gagee may hereafter, at its option, at anytime within twenty (20) Years from the date hereof and before fuD payment of this mortgage and notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by this } nortgage and shall be et~denced by an additional note then unpaid, sad 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 tune shall not exceed the maximum principal sum of i 56,000.00 ,together with interest thereon and any and all disbursements made by the biortgagce for the pay- went of fazes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disbursements at the rate specs- ~ fied in the note referred to in this mortgage, and for reasonable attorney's fees and court casts incurred in the rnlieetion of any or all of ' l such sums of money. Pllt~ ~ ReruaY m z`rsrnuar~rr PREPAR~t w~/ - ~p~:,