HomeMy WebLinkAbout1531 a
48543 ,
- ~ This instrument was prepared by: \
Robert A. Burson/pk
of the Law Office of
CROMWF.LL ~ REI?iS&v
-First Marine Bank Building 8th Floor
8001 Broadwa~~rr
Rivien Beach, Fbrida 3340!
COAi11iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALAi BEACHES
~~gr#~tt$e ~PE~
THIS MORTGAGE INDENTURE executed this 30th day of April ~ , 19 80 .
by PECK CONSTRUCTION, CO., a Florida corporation.
of tbe County of St . Lucie ,State of Florida hereinafter called the 1?tortgagor, which term as used in every io-
stance shall include the Mortgagor's heirs, e:erutors, successors, legal representatives, and assigtu, including all subscYtu~nt grantees, either
voluntarily by act of tbe 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 contest so tequira or admits, as parties of the first part,. and
CO\i\1U1~iITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES, a corporation existing under the laws of rho
United States of America, hereinafter called the Mortgagee, which term as used in every instance shall include the !?tortgagee
s succt,~ssors,
legal representatives, and assigns, as party of the second part.
WITNESSETH, That for divers good and valuable considerations, and also in caasideration of the aggregate sum of money named
in the promissory note of even date herewith, hereinafter described, the 1?fortgagor does grant, bargain, sell, alien, remise, release, covey,
and rnnfirm unto the i?Tortgagee, in fee simple, the following described real estate. of whkh the Mortgagor is now seined and possessed,
and in actual possession, situate in the County ~ St. Lucie , State ~ Fbrida, to-wit:
Lot 13, Block 69, SOUTH PORT ST. LUCIE, UNIT FIVE, according to the
Plat thereof as recorded in Plat Book 14, Page 12, of the Public
Records of St. Lucie County, Florida.
L • _
I
f O U .
Reo.iwti s U ~ b h~tssttt Of Tir
Due On Class "
C" Mtatt~lM~n¦1lrr/it~
k ~ ~ Pursuant To Chsplsr 71,1i~. AMS q 1~1.~
~ ~c f100EA
Clerk Cireult Caie1, LaMI~ Cam, lily
TOCETIIER with all structures and improvements now and hrreafter oa said land and tbe fTutrtrs attar~ed thereto and all rent,
issues, proceeds, and profits scenting and to aor~rte fran said premiss all of which are included within the foregoing description and the
haber?dum bereof. Also all gas, steam, electric, water and other heating, cooking, refrigerating. lighting, plumbing. ventilating, irrigating.
and power systems, machines, appliances, fiztura 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 MU'T'UALLY COVENANTED AND AGREED by and betwew tbe patties hereto that upon request of the :Mortgagor, the Mort-
; gagee may hcru~fter, at its option, at anytime within twenty (20) Years from the date bereof and before full payment of this mortgage
and notes secured hereby, make further advances to the I?fortgagor and arty such further advances, with interest, shall be secured by this
r
mortgage and shall be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be secured by this wort- t
gage may decrease or increase from time to time, but the total unpaid balance so secured at any one time shall not a:coed the maximum
principal sum of = 55,400.00 .together with interest thereon and any and all disbursements made by the Mortgagee for the pay-
ment of razes, levies, or insurance on tbe property coveted by the lien of th8 mortgage with interest on such disbursements at the rate sped-
fied in the note referred to in this mortgage, and for reasonable attorney's fes and court coats incurred in the ooll_
eciion of any or all of
such sums of money.
a
~ 800K - ~ . (,n~~~F/ AEiVal~f TO L~iSTRITarSVT PiIEF'AAER
~V !.{t
- - - - - - - - _ e.--~ .~-...r.,,,~.~