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Home My WebLink About1829J / '11~ts ia~trunoent wat p~epared b~-: ' Robert A. Burson/pk 51694~ ~r ~ i..~ ou~ ~ Fint Marine Baak BuUdin,~ 6tL Fba Rivien~Beach,~ItlorWa 33~0! by (70MMUNITY FEDERAL SAVINGS AND IAAN ASSOCIATION OF THE PALM BEACHES RENEGOTIABLE RATE MORTGAGE DEED THIS MOR'1'CACE INDENTURE ezecuted this llth ~y ~ February ~ ig 8~ 1~lARTIN H. COLIN and SLLEIV S. G~OLIN, his wife. of the Couaty of palm Beach , S~~ ~ F1oTidci hereiuafter ca~led the I~lortgagor. which term as used iu every in- ~tance shall include the 1lfortgagor's heirs. ~ecutois, succes,wrs, legal represeata4ves, and assigas. including all suhsequent grantees, either ~~oluntarily by act ~ the pa~ties, or iavoluntarily by operatiaa of law and shaU denote the singular and/or plural, and the masculiue and/or feminine and the natural and/or artificial persons. wt~enever and wherever the ca~teut so roquires or admits, as parties of the first part, aad C0111~fUNITY FEDERAL SAYINCS AND LOAN ASSOCIAITON OF THE PALM BEACNES, a rnrporation existing iuxlcr the laws of the l'nited States of Aincrica, hereinafte~ called the Mortgagee. which term as ~~eci in every instance shall include the I~tort~agec's sum.'ssors. Irgal representatives, and aaigns, as party of the second part. WITNESSETH. That for divers good and valuable cunaderatious, sixl also in consideration of the aggregate swn of ~rwney aamed in the promissory note of even date herewitb, hereinafter described, the 111ortgagor dces grant, bargain, sell, alien, remise, release, convey, .uxl confirm unto the Mortgagee, in fee simple, the folbwing deacribeci real estate, of which the 1ltortgagor is now scizcd arn1 possessed, ancl in ach~al poasession, situate in tLe County af St . Lue].e , State of Fbdda, to wit: Unit 103, of TARPON BAY YACHT CLIIB CONDO~IINIUM H, according to the Declaration of Condominium dated Play 9, 2980; and rec~orded in Official Record Book 332, Page 133, Publ~c Re~ords of St.Lucie County, FZorida; Z~OGSTHER WITN the undivided share of the common elements of the condominium declared fn the Declaration to be appurtenant thereto; Together with ~11 appurtenances thereto, inclvdfng wfthout limitation the right of exclusive use of those areas, spaces and portions of comnon elements of the condominium, declared in the declaration of condominium to be limited comaon elements of the unit. / I'~~ 1~ ,~ R~a~a s/ 3 5-~ i~ Pe Yment 01 Tex~ Due On Class "C" Intangible Persona~ p•m..~, pu-suant To Chapter 71, 134, Acts Ot '~7 t, ROGER POITRAS ~~ ~ ~_Ie.s Circuit Court, SL L.ucie. Co.. Fla. _ J . . ; ' •roceni~H with all structures and improvemeats now aad hercafter on said land and ihe f~tures attached thereto and all rents, i~sues, proceeds, and profits accruing and to accnie fmm said premises all of which are included within the foregoing descripGon and tbe habenclum hereo[. Also all gaz, steam. electric, water and other heating. cooking, refrigerating, lig6tinK, plumbing, ~•entilating, irrigating, :uxl power systemc, machines. appliances, fi:tures arxl appurtenances, which now or may hereafter pertain to or be iued with, in or on said prcmises, even thou~th they may be detached or detachabk. I'P IS MUTUALLY COVENANTED AND ACREED by and betwcen the parties hereto that upon req~est of the Mortgagor, tbe Mort- s;agee may hcreafter, at its option, at anytime within twenty (20) years from date hereof and before full payment of this mortgage .~ncl notes seeureci hereby, ma1~e f~uther advaooa to the Mortgagor snd any such further advanc~es, with interest, shall be seeured by this ~nortgage and shall be evidenced by an additional note tLen unpaid, and the total amount oE indebtedness that may be se..-ured by this mort- u,age may decrease or iocreasc from time to time, but the total unpaid balanee so secured at eny one time shall not ea~oeed the maximum principal sum of i 67, 900. 00 ,~8~t with intere~ theraon and any ard a11 disburaements made by the Mortgagee for t6e pay- ment d tues, levies, or insurance on t6e property cowered by the liea o~ this mortgage with inteiest on such disbursemeob at tbe rate speci- ficd in the note referred to in this mortgage, and for reasonable atborney's fees and court cosb incurred in the rnlkction af any or all o( such sums oE money. ~ . ~ 4 ~ M'.. ' ~ ~~ - , C^ ,Y... -'t. ~~-....., r . .. u. - .. . ... ~~ ~~~~ ~~~.L~ HF.TURN TO tNSTRtJI~tE.~iT PREPARER ~ _ ~ . 1 . c~_-u~ ~i~