HomeMy WebLinkAbout2721 ~repared Bys Georqe ~T. 5o~aer of a~arun~r u
Sommer & frasier, Attorneys ~
P. O. BOX 2 210 °w'~"ww-'~wa'~~'''r'~'"^"s'Ne"°a~
Stuart, Florida 33494 ~°~~01""'~
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COMMUNITY FEGERAL SAVINGt ANG tO/lN A3SO~IATtON O~ RtVi~ iEACN
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THIS MORTGAGE lNDENIURE executed rh~s _.____._.S____.__ day of .__...___March_____.~___,______________, ____1973 ~
by
JOHN R. REA and KATEiLEBN REA, his Wife,
of the County of St. LuCiC' , State of Florida, hereinafter called the Mortc~agor, which tarm as used in every
instance shafl include the AAortgagor's heirs, executors, successors, legai ~epresentatives, and auigns, including all aub-
sequent g~antees, either voluntarily by act of the parties, or involuntarily by operation of law and shafl denote the
sing~lar and/or plural, and the ~nasculine and/or feminine and the natural a~d/o~ artificia! persons, whenever and
wherever the context so requires or admits, as parties of the first part, and COMMUNITY fEDERAI SAVINGS AND LOAN
AS.SOCIATlON OF RIVIERA BEACH, a corporation existing under the laws of the United States of Ame~ica, hereinafter
called the Mortgac,~ee, which term as use~d in every instance shall include the Mongagee's successors, fegai ~epresentar
tives, and auigns, as party of the second pa~t.
WITNESSETH, That for ciivers good and valuable co~siderations, and also in eonsideration of the aggregate .
sum of mo~ey named in the promiasory note of even dat~ herewith, hereinaher desuibed, the Mo~tgagor dces grant,
bargain, selt, alien, rem;se, release, convey, and confirm unto the Mortgagee, in fee simple, the following desuibed
real estate, of which the Mortgagar i~ now seized and possessed, and i~ adual possessio~, situate in the Couny of
St . Luc ie . State of Florida, tawit:
Lot 34, Block 3~ of RIVER PARR, Unit 4,
according to the Plat there~f as recorded
in Plat Book 11, page 9, Pub2ic Records
of St. Lucie County, Florida.
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~ TOGETHER with all structures and improvements 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 +ncluded
with~n th~ foregoing description and the habendum hereo#_ Alw a!1 gas, steam, electric, water and other heating,
' cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, appliar~oes, fixtures
and appurtenances, which now or may hereaher pertain to or be ~sed with, in or on said premises, even though fhey
may be detached or detachable. g
; IT IS IAUT~ ~Al! Y COVENANTED AN~J AGREED by and between the parties hereto tha~ upon request of the Mor~-
gagor, the Mortgagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and be-
i fore full paymen? of th~s mor?gage and notes secured hereby, make fv?ther advances to the Mortga9or an~ o~~y such
! funher acivances, with interest, shall be secured by this mortgage and shall be evidenced by an add~tional note then
unpaid, and the rotal amovnt of indebted~ess that may be secured by this mortgage may decrease or increase from time
to time, but the totai unpaid baiance so secured ar any one r~me shall not exceed the max~mum prinupal sum of
i ~ 8,500.00 togetF~er with interest tF~reon and any and ait disbursements made by the Mortgagee fo~ !he
; payment-of taxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disburse-
f inents at the rote 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 maney.
RETURN TO MORTGAGEE
o_ BoX s84, ° ~ 2~~
RIVIERA REACH. FLA. 33404 3~QX f~if z7~~
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