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HomeMy WebLinkAbout1647 486926? ` Thb instrument s?.a prepared by= . ~ Robert A. Burson/pk of the Law Office M - CROMWELL do REMSBN First Marine Bank Building 8th Foot _ 8001 Broadway Riviera Beach, Florida 33404 C011iMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES ~~d~~M$E ~PE~ THIS MORTGAGIs INDENTURE executed this day of , 19 80 , by MICHAEL H. BIALIR and JEAN BLgI,IR, his wife, as a. tenancy by the entireties in and to a 1/2 undivided interest, as tenants in common with JOHN L. JANICRB and MARIE JANICKE, his wife, as-a tenancy by the entireties as to the remaining 1/2 undivided interest. of the County of State of Michigan hereinafter called the Mortgagor, which term as used in every in- stance shall include the Mortgagors heirs, executors, successors, legal repmsentatives, and assigns, including all subsequent grantees. either voluntarily by act of the parties, or involuntarily by operation of law and shall denote the singular anti/or plural, and the masculine and/or feminine and the natural and/or artificial persons, whentti~er and wherever the t~rrtext so requires or admits, as parties of the first part, and CO~1~tUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES, a corporatism existing under tbe laws of the United States of America, hereinafter called the Mortgagee, which tens a: rased in every instance shall iindude the I?iortgagee's successors, 1e~al representatives, and assigns, as party of the second part. WITNESSETH, That for divers good and valuable considerations, and also in s~sideration 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 confirm unto the Mortgagee, in fee simple, the following described real estate, of which the Mortgagor is aow seized and possessed, and in actual posstxsion, situate in the County of Martin .State of Florida, to-wtt: A condominium parcel designated as Unit No. 420 of SAND DOLLAR VILLAS CONDOMINIUM B, according to the Declaration thereof, dated March 12, 1980, and recorded in Official Records Book 327, Page 2.576, and amendment thereto dated March 12, 1980, and recorded in Official Records Book 327, Page 2640, all St. Lucie County, Florida, Public Records. TOGETHER with all of its appurtenances according to said Declaration of Condominium, including but not limited to an undivided 1/47 share in the common elements thereof and together with all the tenements, hereditaments and appurtenances thereto belonging or in - anywise appertaining. i _ ~ ~ n - _ ~ v ! Received S ~ - v v in Payment Ot Taxes ; _ _ - . z Due On Chas "C" irttanOil~ plar~yi p* away. Pwwanc To Cnepte.7i,libAwsOf 1x71. ~ ~ ~ y a - ptiAi ~ ~ ~1. ~a?. Na ~ / - TOGETHER with all ativct»res and improvemer?ts now and hereafter on said Lnd and the fixtrres attat~ed thereto and aII ranN. issues, proceeds, and profits accruing and to accrue from said. premises aD of which are included within the foregoing description a~ the habendum bereof. Also all gas, steam, elecdic, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating. and power systems, machines, apph'snoes, fixtures and appurtenances, which now or may hereafter pertain to or be used with, in or on said f premises, even though they may be detached or detachable. a IT IS biUTUALLY COVENANTED AND AGREED by and between the parties herew that upon request of the 1?iortgagor, the Mort- gagce may hereafter, at its option, at anytime within twenty (20) Yeas from the date hereof and before full payment of this mortgage and notes secured bereby, make further advances to tbe Mortgagor and any such further advances, with intersxt, shall be secured by this mortgage and shaD be evidenced by an additional note then unpaid, and the total amount of indebtedntxs that may be secured by this mort- gage may decrease or increase from time to time, but the total unpaid balanoa so atxvred at any one time shall not exceed the maximum P~p~ s~ ~ ; 56,000.00 • tog~* Merest thereon and any and all disbursements made by the Mortgagee for the pays meat of taxes, levies, or insurance ten the property covered by the lies of this mortgage with interest on such disbursements at the rate sped- fled in the note referred to in this mortgage, and for reasanabb attorney's fees and hurt goats incurred in the collection of any or all of such sums of money. . ao'~331 P~i646 REIVRPr 'r0 rNSTRU1fISrST PRSP~RI~ i