HomeMy WebLinkAbout1138 Preparea ny : y 238109 ~v
GEORGE W. SOMMER, Attorne ~r,~,~,,,~~,.-~~~.~T~~qg~~~- ;
P. O. BOX 2210 e.~-a~x.x~a°
Stuart, Florida 33494 ww~cw~ser~err.-ree~ox-rnar
COMMUNITY FEDERAt SAVINGS AND LOAN ASSOCIATION OF ItIV1ERA dEACH
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THiS MORTGAGE INDENTURE executed this _____-~-v-------.---- day of _..._September , 1972
by
RAYMOND A. HUBBARD and JEANETTE L. HUBBARD, his wife,
of the County of St. Lucie , State of Florida, hereinafter called the Mortgagor, which term as used in every
instance shall include the Mortgagor's heirs, executors, successors, tegal representatives, and assig~s, including all sub-
sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shalt denote the
singular and/or plural, and the masculine and:`or feminine and the natural and/or artificial persons, wheneve~ and
wherever the context so requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN
ASSOCtATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, he~einafter
called the Mortgagee, which te~m as used in every instance shall include the Mortgagee's successors, legal representa-
tives, and assigns, as party of the second part.
WITNESSETH, That for divers good and valuable considerations, and also in consideration of the aggregate
sum of money named in the promissory note of even date herewith, hereinafter described, the Mortgagor dces grant,
bargain, sell, alien, remise, release, .convey, and confirm unto the Mortgagee, in fee simple, the following describer!
real estate, of which the Mortgagor is now seized and possessed, and in actual possession, situate in the County of
St. LL1Cie . State of Florida, tawit:
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Lot-15, Block 4, RIVER PARK UNIT ONE, according
to the Plat thereof recorded in Plat Book 10,
Page 69, public records, St. Lucie County, Florida.
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TOGETHER with all structures and improvements now and hereafter on said land and the fixtures attsched
thereto and all rents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included
within the foregoing description and the habendum hereof. Also 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 on said premises, even though they
~ may be detached or detachable.
~ IT IS l.4UTUAlLY COVENANTED AN~J AGREED by and between the parties hereto ~hat upon request of the Mort-
gagor, the Mortyagee may hereaher, at ~ts opt~on, at anyt~me within twenty (?0) years from the date hereof and be-
fore full payment of shis mortgage and notes secured hereby, make further advances to the Mortgagor and any such
further advances, with ~nterest, shall be secured by this mortgage and shall be ev~denced by an additional note then
vnpa~d, and the total amount ef ~ndebtedness that may be secured by th~s mortga.3e may decrease or ~nc~ease from time
~o time, but the total unpa~d balance so secured at any one t~me shall no! exceed rhe max~mum princ~pal sum of
- ~.19 ~000.00 together with interest thereon and any and all disbursements made by the Mortgagee for the
payment of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disburse-
ments at the rate specified in the note referred to in this mortgage, and for reasonable attorney's fees and court costs
incurred in the collection of any or all of such sums of money.
RETURN TO MORTGAGEE
P. O. BOX 9B47 ~
RIV~ERA BEAGH. FLA. 33404 ~ Q
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