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HomeMy WebLinkAbout1195 r Ib' . ~ 00854 ~ Thb instmm~ent was prepares by=. Robert A. Burson/pk _ of the Law Office of tiR0:1fWELL Oc RlillfSEN Flrst Marine Bank Building 8th 1!'loors 8001 Broadwayy Riviera Bead, Fbrida 33!01 COM11iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES ~'~Ul't~tl~C ~PP~ THIS MORTGAGE INDENTURE executed this - O ~ day of ~ , 1980, . by SIDNEY WILLIAM ALEXANDER GREE,~1 coined b his wife, y LESLIE GREEN. of the County oftr~~~~j~ • State ofj!~QOrrn~~~ hereinafter called the Iltortgagor, which term as used in every co- stance shall include the ortgagor's heirs, executors, su rs. legal representatives, and assigns, including aA suluMtuent 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 [eminine and the natural and/or artificial persons. whenever and wherever the oontert so requires or admits, as parties of the first part, and CO\f1fUNITY FEDERAL SAVI\GS AND LOAN ASSOCIATION OF THE PALM BEACHES, a rnrporation existing under the laws of the Ucutod States of America, hereinafter called the Mortgagee, which tens as tiled in every instance shall include the 111urtgagee's successors, legal representatives, and assigns, as party of the second part. ~VITNESSETH, That for divers good and valuable considerations, and also in ooasideration of the aggregate sum of rrwrny named in the promissory note of even date herewith, hereinafter described, the I?fortgagor does grant, bargain, sell, alien, remise, release, convey. and confirm unto the I?lortgagee, 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 of St . Lucie .State of Florida. to-t+vit: Lot 11, Block 185, SOUTH PORT S_T. LUCIE UNIT 14, a Subdivision according to the Plat thereof, recorded in Plat Book 16, Page 29, of the Public Records of St. Lucie County, Florida. R[Ct1MEf1: /8b.00 111 PAYREIIT OF TAXES Q ~ 0 DUE 021 CLASi 'C INTAN6'BLE PiRSOfitL PROPERLY, ~ ~j ~ FilASUANL TO WIAPTER 71-s:4, ItrTS OF 1l7L R06FSt PDlft,AS CLERK C1RC1pT CWRT, >iT t.UUE i~Ql . TOGETHER with aD shtrctures and improvements now and hereafter on said land and the fixtures attached thereto and aII rent. issues. Proceeds. and profits accruing and to accrue from said premises aD of whim are included within the foregoing description and the ~ ';;abendum hereof. Also all gas, steam, electric, water and other heating. oooldng, refrigerating, lighting, plumbing, ventilating; irrigating, and power systems, machines, appliances, firtures and appurtenances, which vow or may hereafter pertain to or be need with, in or on said premises, even though they may be detached or detachable. f ~ IT 1S MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the !liort- ! gages may hereafter, at its option, at anytime within twenty (20) Yeast from the date hereof and before full payment of this mortgage aril notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by this j mortgage and shall be evidenced by an additional note then unpaid, and the total amount of indebtedrsess 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 time shall not exceed the maximum principal sum of ; 93, 000.00. ~ Interest thereon and any and all disburseasents made by the Mortgagee for the pay ment of taxes, levies, or insurance on the Property covered by the lien of this mortgage with interest on sncls dasburserrterats at the rate speci- ficd in the note referred to in this mortgage, and for reasooabk attorney's fees and court coats incurred in the collection of a~ or all of ~ such sarrns of money. e~c~~ ! ~0 ~ PAGE~~ xaTrtrRrr ro nrrrnvxrnvr rnsrwnss