HomeMy WebLinkAbout0810 505968 ~ 3
Thts instrument tlaa pteQated hy:
of the Law face ~
CRO~I\VELL do REMSEN
First Marine Bank Building 6th Fbor p
2W1 Broadwayy ,0
Riviera Beach, 1•'Iorida 3310! ~
CODi11iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALt1i BEACHES
~'~.~Ul't~M~E ~ PP>
THIS MORTGAGE INDENTURE executed this 3rd ~y ~ November 19 $p
by
KENNETH C. MARTENS AND HELEN MARTENS, his wife
t?~4A'~~r~ ~i
o: the County of , State of { hereinafter called the Mortgagor, which term as u;Qd in every io-
stance shall include We Mortgagor's heirs, executor, successors, legal representetIves, and assigra, including all sul~:;uent grar:tces, either
volrmtarily by act of the parties, or involuntarily by operation of law aril shall denote the sinRrrlar ancVor plural, and the masculine and/or
feminine and the natural and/or artificial persons, whenever and wherever the rnntext so requires or admits, as parties of the first part, and
CO\I~IUNITY FEDERAL SAVI\CS A\*p LOAN ASSOCIATION OF THE PALM BEACHES, a corporation existing under the laws of the
United States of America, bercirrafter called the Aiortgager, which term as used in every inttarree shall include We I,Iortgabe~'s successors,
kkal representatives, aril assigns, as party of the second part.
WITA'ESSETH, That for divers good and valuable considerations, and alto in cauideration of the aggregate sum of money Warned
in the promissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, seQ a4en, remise, release, rnnvey,
and rnnfinn unto We Mortgagee, in fee sirnpk~ the following described real estate, of which the Mortgagor is now seized arrrl possessed,
and in actual possession, situate in the County of St. Lucie • State of Plaids, to-wit:
Lot 16, Block 39, South Port St. Lucie, Unit b, a Subdivision according to the
Plat thereof as recorded in Plat Book 14, Pages 14, 14A through 14B, of the
public records of St. Lucie County, Florida.
moo; /36.00 nI PA'!It~M cF T~lc~i
L'J'c : i CL: ~S
•C
CtT F:.: '.C F'Q"tit~i
F'J'~::~21i TO :F:'.:•:.:: ?:•:=4, i:~i5 OF 1!<lL
f:~GLi Pulii:AS
CLERK gAI.IpT COYAT, ST. LYCiE qt. . _ ~ ~ : - - . ~ - _
_ . ~
5
s
TOGhTIiER with all structures and imprm'ements raw and hereafter on said hmd and the fixttmes attached thereto and aII rents,
issues, proceeds. and profits accruing and to accrue from said premise all of which are included within the foregoing description and the
habendum hereof. Alto all gas, steam, electric, water and other heating, eooldng, refrigerating, lighting. plumbing, ventilating. irrigating, f
and power systerm, machines, appliances, furtura and appurteaanoa, which now or may hereafter pertain to or be used with, in or on said
t premises, even though they may be detached or detachable.
i
. IT IS MUTUALLY COVENAh`TED AND AGREED by and between the parties hereto that upon request of the Mortgagor, We Mort-
E Aagee may hereafter, at its option, at anytime within twenty (20) years from tba date hereof acrd before full payment of this mortgage
I and notes secured hereby, make further advances to the Mortgagor and any such further advances, with interest, shall be secured by this i
t mortgage and shall be evidenced by an additional note then unpaid, and the total amount of indebtedness that may be se~rvred by this mort-
Rage may derre'ase or increase from time to time, but the total unpaid balance so secured at any one tiare shall not exceed We mazinrum
principal sum of = (j$ppp, pp ,together with inte'cest thereon and any and all disbursements made by the 1?iortgage+e for the pay-
ment of fazes, levies, or insurance on the property covered by the lies of this mortgage with interest oo such disbursements at the rate specI-
i ficd in the note referred to in Wis mortgage, and for reasonable attonxy's fees and cant coats incurred in the collection of arry or aU of ~
such surrts of money. ~
• ~ PlIGf V~~ R~ ,n nrsrnvarrcw•r r~rwnmr
600K