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Home My WebLink About0984 'I'~ii~ ~.~r~a~ ~u:.~ ?•~~~:~•..~a~:~~ a File 87 747 ' c~ - - _ 1''~'7~~0~~~ u~~ rur: I..~M• t)trice ur ~}t~~{' ~ ~}~~~X , ~ ~ ~ / ~ I~ ROBERT A. BURSON, ESQUIRE ; P.O.Box 95-1620 " Stuart, Florida 34995 COMMUNITY SAVINGS, F.A. ADJUSTABLE RATE MORTGAGE DEED TNIS\tORTGr~GEINDENTUREexrcutedthis 16th ~~>~°i February ~19 n~ LAIJRENCE A, PENDER AND ANNE PENDER, HIS tdIFE of the C~unt~~ of St . Lue ie • State of glorida hereinafter ca~led thr ~tor~gagor, which term as used in every instance shall in- clude the ~longagor't heirs, executors, sucressors, legal represenlati~es, and assigns, including all subsequent grantees, either ~~oluntarily by act of the parties, or in~olun~aril}• b~• operation of law and shall den~te the singular andior plural, and the masculine and/or feminine and the natural and/or artificial persons, Khene~er and where.er the rontext so requires or admits, as panies of the first part, and CO\1MUNITY SAVINGS, F.A., a corporalion existing under the laws oF ihe UniteJ States of America, hereinafter ralled the ilorigagee, Nhich term as used in e~ery instance shall include the ~tortgagee's successors, legal repre~entatives, and assigns, as parq of the second pan. I \~'ITNESSETH, That for di~ers good and valuable considerations, and also in consideration of the aggregate sum of money named in the promissory no~e of e~•en date herewith, hereinafter dexribed, the ~tortgagor does grant, bargain. sell, alien, remise, release, com•e~•, and confirm unto the Mortgagee, in fee simp;e, the folloNing described real estate, of which the ~tortgagor is now seized and possessed, and in actual possession, situa:e in the County of St. Lucie . State of Florida, to ~it: Beginning at the Northwest corner of Lot 43 of ~SARAVILLA GARDENS, UNIT ONE, according to the Plat thereof, as recorded in Plat Book 6 at Page SS, of the public ' records of St. Lucie County, r~iorida ;tnence run East, along the North line of Lot 43 (also being the South right-of-way line of Ixoria Avenue), a distance of 399.55 feet; thence run S. 00°04'46"E a distance of 130.69 feet; thence run S33~18'39"E, a distance of 183.45 feet to the centerline of a vacated street; thence run East along the said centerline a distance of 166.$$ feet to a point 367 ~ ~a^.~a*.~ ~::c:~t vi ~lic L~1JL iii?E tri 'LGi.a 4i~4L~ dIIU 4J Ui S~la ciaravilia ~ardens, Unit One, thence run S O1°12'09"E, parallel with the said East line of Lot 41, a distance of 154.54 feet to the South line of said Lot 41; thence run West, along the said South line of Lot 41, a distance of 680.47 feet to the East right-of-way line of Mayflower Road; thence run N. Ol°17'22"E, along said right-of-way line, a distance of 438.61 feet , to the POINT OF BEGINNING; all lying and being in Section 22, Township 35 South, Ran~e 40 East; St. Lucie County, Florida. ~ ~r ~G~~S~, S_ ln Payme^,' r~ T'-x"S iteceivcd S p On Ciass „C„ (n•.ar~'bl, ,~T~o~•! Prrcer'y. Purwan~ To Chapter 71, 134, Acts Gf 5i71. D~UGlAS DIX~`1, r' t Clerk Circuit Court, Si. lucie, Co., Fla. TOGETHER Niih all structures and impro~ements 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 all of which are included Nithin the foregoing description and the habendum hereof. Also a!I gas, steam, rlectric, K atrr and other heating, cooking, refrigerating, lighting, plumbing. ~entilating, irriga~ing, and power s}•stems, machines, appliances, fixtures and ap- purtenances, which now or ma~• hereafter pertain ~o or be used with, in or on saiJ premisrs, e~•ert though they may be detached or detachable. IT 1S MUTUALL.Y COVENANTED AND AGREED by and between ~he parties hereto that upon request of the ;1lortgagor, the Morlgagce may here- after, at its option, at anylime within twenty (20) years from date hereof and before full payment of this mortgage and notes secured hereby, make furlher ad- ~ ances to the ~tortgagor and any such further advances, with interes~, shall be secured hy this mortgage and shall be evidenced by an additional note then un- paid, and Ihe total amount of indebtedness that rnay be secured by this mortgage may decrease or increase from time to time, but the total unpaid balance so secured a~ aAy one time thall not exceed the marimum principal sum of S 1~ 612 ~ SQQ . QQ , together with inlerest thereon and any and ali disb~rsements made by ~he ~1or~gagee for the payment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disbursementc at the rate specified in the nole referred to in this mortgage, and for reasonable anorney's fees and court costs ineurred in the collection of any or all of such cums ot mone~~. t~ F ~ ~ ,J ~ ~J 1 ~ .c. RETURN TO 115TRUNFNT PRFPARER . . . . . . . - ~ -~~~s:v;.