Loading...
HomeMy WebLinkAbout0160 i~, so1s81 • ~ Thi: tastnrment was prepared by: • Robert A. Burson/pk of the Law Office of CROA1~ti'F.LL 8r fiE.A1SEN ~ First Marine (lank [iuilding 0th Floor 2001 Rrocrdway y IilvIera Beach, Fbrida 33104 CODIAiUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALRi BEACHES 4 ~~.~artgtt~ge PEI THIS MORTGAGE II~TDENTURE executed this 1st day ~ October . 10 gP by DAVID A. FISH and KELLY S. HERRINGTON, his wife. of the County of Martin ,State of Florida hereinafter called the 1lfortgagor, which terns as r?sed in every ia- stance shall Include the l+fortgagor's heirs, executors, successors, legal representatives, and assibrrs, including all subscqu~nt grantees, either voluntarily by act of the parties, or in~roluutarily by operation of law and shall denote rho singular and/or plural, and the m:rsc:ulirre and/or feminine and the natural aril/or artificial persons, wL.ne~•cr and uix~rever the context so requires or admits, as parties of the first part, and CO~t\fUNITY FEDERAL SAVINGS A\D LOAN ASSOCIATION OF THE PAL11i BEACHES, a corporation existing under the laws of the United States of America, hereinafter called the Mortgagee, which term as used in every instance sball include the btortgagce's succeswrs, IcRal n prescntatives, aril assi„ns, as party of the seco?xl part. tVITNESSETH, That for divers good and valuable rnnsideratioru, and also in consideration of the a1egrcgatc sum of mosey named in the promissory note of even date herewith, hereinafter described, the 1?fottgagot does grant, bargain, sell, alien, remise, release, convey, and rnnfirrn unto the Ilfortgagee, in fee simple, the following described real estate, of which the I?fortgagor is now seized and possessed, and in actual possession, situate in the County ~ St .Lucie ,State of Fbrida, to-wlt: Lot 36, Block 65, INDIAN RIVER ESTATES UNIT S, according to the Plat thereof, as recorded in Plat Book 10, Page 74, of the Public Records of St. Lucie County, Florida. gS Rf^=~~f~ : l~ S, 80 Itl PAY:.t_!iT df TAXE= DL: G~i CL-~: 'C' L•"'" a P:Fov_~AL F':^"EKTt'r fli_~?:.iitJ1T 70 l ti i _ ~ 7t- . 4:I S 4f 1571. % c.3 FiIi..AS ' CLEIiS ClitClitT CtiYRT, ST. LY:~E CO,, Flll4j~- _ - - _ _ - - 1 - - - ~ TOGETHER with all structures and improvements now and hereafter on said land and the fi:turea attached thereto and all Teats, issues, proceeds, and profits accruing and to accrue from said premises all of which are included within the foregoing description and the habendum hereof. Alto 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 ~ said premises, even though they may be detached or detachable. !T 1S MUTUALLY COVEAjANTED AND AGREED by and between the parties hereto that upon request of the Sfortgagor, the Siort- gagce may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment of this mortgage and notes secured hereby, make further advances to the 1lfortgagor and any such further advances, with interest, shall be secured by this mortgage acrd shall be evidenced by an additional note then unpaid, and ]he total amount of indebtedness that may be secured by this mort- gage may decrease or increase from time to time, but the total unpaid baiance so secured at any one time shall not exceccl the matimum principal sum of S 57,900.00 .together with interest thereon and any and ali disbursements made by the 1ltortgagoe for the pay- ment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such duLursements at the rate spec~- Pied in the note referred to in this mortgage, and for reasonaLk attonaey's fees and rnurt costs incurred in the collection of any or all of such sums of money. X340 P~ i80 AE7L7rN 'IO L~TS7Rl;arE~i'r PR11'AREa