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Home My WebLink About2322 =i~~ivV HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF PALM BEACH TkN IrMtrvMrw Wes hs'errw M ~Dr#Q~Ijie ~eeit DAJGLAS R. NEU v v OtINiT~, YOAKIIh. CRIfIR, iTIWAtT A NYiIY. ~.A ~t.rt NN+.MI ie.k WlNlry, tdrr isah. IMrNe li/M THIS MORTGAGE INDENTURE exeaMed this ~ t h day of ~ u n e ~ 9 0 by NORTH AMERICAN BUSINESS FORMS, INC., A MASSACHUSEZTS CORPORATION S Lucie of the County of State of fforida, hereinafter tolled the Mortgagor, which farm as used in every irtstonq shoN include tM Mortgagor's heir, executors, successoa, Ipol repressnrotives, and assigns, including all wbsegvent grantees, either voluntarily by act of the parties, or involuntarily by operation of low and shall denote the singubr and/or plural, and tM masculine and/or feminine and' the natural and/or artificbl persons, whenever and wherever the context so requires or odmib, aspo roes of the first port, and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF PALM BEACH, a corporation existing under the bws of the Un'rMd States of Americo, hereinafter tolled the Mortgagee, which teen os used in every insronp shall include the Mortgagee's successors, legal represenrotrves, and assigns, as party of the second part. WITNESSETH, That for divers good and valuable considerations, and oleo in consideration of the aggregate sum of money named in the promiuory note of even date herewith, hereinafter descnbed, the Mortgagor does grant, bargain, sell, alien, re- mise, release, convey, and confirm unto the Mortgagee, in fee iunple, the followin described real estme, of which the Mortgagor is now seized and possessed, and in «tual possessbn, situate in the County of State of Fbrida, to-wit: St. Lucie i;~ ..R ~ GF 'rAPPC~`l T?AY YA~H'' r- OF COT;L`O~'-IhTU"` R, A~~CORDI":G ~'O `T'IiE I %.:,LAFt~'~TC": CF CG:~Uf?'~ Ir'.Ttl~' .DA'~'EZ :~:AY 1^S0; A~iD RECt7RDEC 1~] O~'FICIAL• a<i CGRD !?tr~C'?! PAGE 133, PLEj.I: RECORDS OF ST. T•UCIE COUT`'"'Y, FTGkIDA; ~GGFTT?F° ':i"'t' TgF L"'CIVIDF.L SHARE Cr ^'H£ CC`•1~'GN ~LF.~:FI\`i'S OF TEE ,"Or:PG- • • ~ \ i U? : L'E.^ T I~fiFD I?~ ":?T' L~F(' ~~AP.A'r :O`~ ''~O FF APPUR"'F~A*"r HFEI':`T'0 i ~'QGE'''F?ER -'.I`"F AT.T AnPLF: 'EI`'F"~'FG ~,t"FRE"'C, I2~^_LL'L~TitiG, j`:?THOt"I T._T"I'T'A^'IC*', TF'= .IGN'" O~ EX~rL'~I~~E T'Sz' OF `"HOSE AREAS, SPACED AT: L? PCR'~'i0*?S CF C(1k:^`t7 ~LE'~.E`:'"G GF TT'£ ^OtI`G''I^'IL"', DECL?1E~'D I2 '~'i~g DFCF.ARA'!'IO~: OF C'G:`:EO- Ili 1 Ut~' "'G PF. T i.~' i ~'ED ~'Or, i'GP? FI Ei•`.Et~;`. S OF '~NF Utz IT . - - - i _ _ _ • - - i , - • .rY• f _ ~ Rece..~• _ 13 J bd, .:ay~:,~nt OfTattei ~ Due On Class `C'~ :nrd,?y,tire Persona! pkap~rh? ~ ~ 0 fhsrwt..nt To Chapter 71, 134, A~ Of € 6` ~ ROG~t rOl1W T~~ ~ ~ \~j Clip CM~011~ C011ff. ~ The mortgagor covenants that it and the association responsible for the operation of. the above condominium will observe all of the provisions of the Oedaration of Condominium and arty amendments thereto of the above condominium and of the Condominium Act, and will perform the obligations under the said DeclaraYwn and Act; and a failure to do so which is not cured within 30 days after notice g'nren by the mortgagee to the mortgagor and the association shah constitute default under this mortgage. Mortgagor specificaNy covenants, but not by way of limitation, that it and the association wiN observe aN of the provisbns of said Declaration of Condominium pertaining to insurance coverage. TOGETHER with all structures and improvements now and hereafter on said land and the fixtures attached thereto and all rents, issues, proceeds, and profits accruing and to accrue from said premises aN of which are included within the foregoing description and the haben lum hereof. Also all gas; steam, electric, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, 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 MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the Mortgagee ma hereafter, at it option, at anytime within ten 1101 years from 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 interest, shall be secured by this mortgage and shah be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be secured by ttus mortgage may decrease or increase from time to time, but the total unpaid balance so secured at any one time shall not exceed the maximum prirxtipat sum of 8 c 7 P 0 4 . C ,together with interest thereon and any and all disbursements made by the mortgagee for the payment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disbursements at the rate specified in the note referred to in this mortgage, and for reasonable attome~/s fees and court costs incurred in the collection of any or all such sums of money. TO HAVE AND TO HOLD the same, together with the tenements, hereditarnents and appurtenances, unto the Mortgagee, in fee simple. AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said larx! in fee simple; that he has fuN power and lawful right to convey said land in fee simple ss aforesaid; that it shall be lawful for the Mortgagee at aN times peaceably and quietly to enter upon, hoW, occupy and enjoy said land; that said bred is free from aN incumbroncee; that he wdl make such further assurances to protect the fee simple tide to said land in the Mortgagee as may reasonably bs required; that he does hereby fully warrant the titb to said land and will defend the same against the lawful claims of aU persons whomsoever. ~~~332 PAGE2315 - _ ~ _