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COMMIIMITY ROlRAI fAVlliOi AMp tQAN AtfOC1AT10M Of ~IYI~A ~iACM •
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THts MORTC~I?GE ~NOE1~RURE executed NN: day of A ril , 1972
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SL88RT N. PBTSRSOl~i and DOROTHY L. P8T8RSON, his wiEe,
of the ~ount~? of St. Lucie , State of Florida, hereinaher called the Mortgagor, which term as used in every
instanoe shall include the Mwt9agor's heirs, executors, successors, legal ~epresentatives, and assigns, includin~ all sub-
sequant grmtees, either voluntarily by act of the parties, or invotuntarily by operation of law and shall de~oM the
singular and/or plural, and the mauuline and/or feminine and the natural and/or artificisl persons, whenever a~d
wherever the eontext so requires or admits, as ps~ties of the first peR, and COMMUNITY FE~ERAL SAVINGS AND LOAN -
ASSOCIATION OF RIVIERA BEA~H, a aorporation existing under the iaws of the United States of Amefice, hereinafter
called the Moftgagse, which term as used in every insta~ce shall indude the Mortya~se's suooesso~s, layal ropresenta-
tives, and assigns, as party of the saaond psrt. ~
WITNESSETH. That for divea 9ood and valuabk considetatioos, and also in oonsideration of the aggrogate
sum of ma~ey ~amed in the promissory note of even date herewith, hereinaher described, the Mortgagor does ~raM,
bargsin, sell, alien, remise, release, oonvey, and oonfirm unro the Mortgagee. in fee simple, ihe following described
real estate, of w1iKh the Atiortgagor is now seined and possessed, and in actual pouession, situate in the CouMy of
St. LuCie . State of Fbrids, to-wit:
Block 14,
I,ots 19 and 20,/of RIVSR PARR, UNIT 2, as
per Plat thereof recorded in Plat Book 10,
page 72, public records of St. Lucie County,
Florida. _
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~ TOGETHER with ali :tnuturos and impravernems now and hereafter on said land and the fixtures machsd
~ thereto snd sli rents, iuues, prooeeds, snd profits aoauing and to aocnie from said premises all of wii~ are induded
~ within the foregoing desuiption and the habendum hereot. Also all gas, steam, ekdric, water snd other hea~in~.
cooking, refrigerating, lighting, plumbing, veMilating, irrigating, and power systems, mschines, applianoas, fixfures
~ and appurtenances, wtiKh naw or may hereafter pertain to or be used with, in or on said premises, even tt~ouph they
~ may bs detsched or detscfiabk.
~ IT IS t11UTUAlIY COVENANTED AND AGREE~ by and between the parties hereto that upon request of the Mort-
gagor, the Mortgagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and be-
fore full payment of this mortgage and notes secured hereby, make further advances to the Mortgagor and any such
further advances, with interest, shall be setured by this mortgage and shall be evidenced by an additional note then
unpaid, and the total amount of irxlebtedness that may be secured by this mortgage may decrease or increase fror» time
to time, but the total unpaid balarh.e so secured at any. one time shall not exceed rhe maximum principal sum of
= 17 . SOO.OQ_`... with interest thereon and any snd all disbur:err~ents n~ds by the Mort~a~ee for the
payment of taxes, levies, or inwranoe on the property aovered by the lien of thts mortgape with iMerest on sud~ difburfs-
~ ment: at the rsfe speafied in the note referred to in this mort~a~e, ard for reasonabb attorne~/s fees and oourt oosts
inwrred in the oollsction of any or all of such sums of money.
RETtJRN TO MORT~iAGEE •
P. O. ~OX Yd47 .
RIVIERA.dEACH. Ft./1. 'J3404 ~
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