HomeMy WebLinkAbout1923 . g~iG ! ~
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• ~ _ 4 Thb fattrument .ra prepared by:
. Robert A. Burson/pk
of the Law O[fice of
CROMWELL ~ REI?fSEN
Ffrrt bfarine Bank Building 8th Floc j
8001 Broadwayy i(
RlvIera Beach, Fbrida 33408
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COMMUNITY FEDERAL SAVIIVGS AND LOAN ASSOCIATION OF THE PALAI BEACHES
~'~~Ul'~~2i~8 i PEA
THIS MORTGACI3 INDENTURE executed this a 7 ~ day of R ~ 1980
by RICHARD G. SCHMIDT and ELEANOR M. SCHMIDT, his wife.
of the County of St. Lucie .State of glorida hereinafter called the Mortgagor, which term 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 act 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 contest so requires or admits, as parties of the first part, and
:.O\I\fUNITY FEDERAL SAVI\GS AND LOAN ASSOCIATION OF THE PALM BEACHES, a corporation existing under the laws of the
United States of America, hereinafter called the I?fortgagee, which term as need in every instance shall indude We Mortgagee
s suttessors.
legal representatives, and assigns, as party of the second part.
R'ITNESSETH, That for divers good and valuable rnnsideratioas, and also in consideration of the aggregate sum of money named t
in the promissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, remise, release, convey,
and confirm unto the 1?tortgagee, in fee simple, the following described real estate, of which the Mortgagor is now aeized and possessed,
and in actual possession, situate in the County of St. Lucie State of Florida. bo-wit: i_
Lot 21, Block 197, PORT ST. LUCIE, SECTION FOUR, according to the Plat thereof,
recorded in Plat Book 12, Pages 14, 14A through 14G, of the Public Records
of St. Lucie County, Florida.
R[CEtIfED ; 9 7.6 0 I>t ?g~ Of TA)tt~
~p CUB ^"1 CL:'S
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IYir;?C.g.E PtRSOHII PRbr'~ERTr -
~3, iU'~~'.a; T~ l;.;~: ? 7i-~::~, ACTS OF ti7L ~
i:~Cc3 PGITRAS
C1EitK q'CU:T COURT. ST. WqE Rl~
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TOGETHER with all structures and improvements now and hereafter on said land and the fixtures attached thereto and aIl rents,
issues, proceeds, and profits accruing and to acerue from said premises all of which axe included within the foregoing deacxiption and the
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habendum hereof. Also aD gas, steam, electric, water a~ other heating, ooolring, refrigerating, lighting. Plumbing, ventilating, irrigating,
and power systems, madrines, appliances, firtures and appurtenances, which now or may hereafter pertain to or be used with, in ar oa acid r
premises, even though they may be detached or detachable.
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the 11fort-
gagee may hereafter, at its option, at anytime within twenty (20) Years fry the date hereof and before full 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
~ mortgage and shall. be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be secured by this wort-
f gage may decrease or increase from time to time, but the total unpaid balance so secured at any one time shall not exceed the maximum
principal sum of = 48, 800.00 ,together with interest thereon and any and all disbursements made by the Mortgagee for the pay-
meat of taxes, levies, or insurance an the property covered by the lien of this mortgage with interest on such disbursements at the rate speci-
fled in the note referred to in this mortgage, and for reasonable attorne~a Eees and court costs incurred in the collection of any or all of
such sums of money.
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