HomeMy WebLinkAbout0230 riGrwac~ ~l • ~ ~ 7 ~ :
of Sonnner & Frasier, Attorneya
P. O. Box 2 210 -0"'`"wrw"''"+~M"'"''~""'"~"w~`~
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StLiSrti F10r1d~ 33494 ' ww~s~naMS»-aw~~s«sr
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVI~A ~EACH
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THIS lNORTGAGE INDENTURE executed this ~ day of _____________April_________..___________, 1973 ~ :
by ~
J. WILLIAM ADAIR II and DONNA G. ADAIR, his wife, ;
of the County of St. Lucie , State of Florida,-he~einafter called the Mortgagor, which term as used in every
instance shall inctude fhe Mortgagor s heirs, executors, successors, legal representatives, and assigns, including all sub-
sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shall denote the
singula~ and/or plural, and the masculine a~d/or feminine and the natural and/or artificial persons, whenever and
wherever the mntext so requires or admits, as parties of the fi~st part, and COMMUNITY FEDERAI SAVINGS AND IOAN
AS.SOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, he~einafter
called the Mortgagee, which term as used in every instance shall include the Mongagee's successors, legal representa-
tives, and assig~s, as party of the second part.
WITNESSETH, That for divers good and valuable considerations, and also in consideration of the agg~egate
sum of~ money named in the promissory note of even date herewith, hereinaher descYibed, the Mortgagor does grant,
bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, i~ fee simple, the following described
real estatP, of which the Mortgagor is now seized and possessed, ond in adual possession, situate in the County of
St. LuC'le , State of Florida, to-wit:
Beginning at the intersection of the East line of
Lot 20, Block 3 of HARRIS SUBDIVISION as per plat
thereof and on file in Plat Book 3, at page 5, of
the Public Records of St. Lucie County, Florida,
with the South line of Lot 1, of said Block 3;
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x thence run South along the East line of said Lot
~Oa ~ 20, a distance of,.84 feet to a point (which point
a~ ~ . is 102 feet north of the north line of Harris
Street as delineated upon said plat), thence run
Q~ East, parallel with the North line of Harris Street
0?• f t l
: to Indian River; thence run northerly meandering
~~r, said river, to a pointof inteisection with the South
~ line of Lot l, (as the same would be projected
~ y easterly); thence run West to point of beginninq;
~ ~ t~~ ~ and including the riparian rights and submerged .
~j]x,~ • lands pertaining to the above described land.
~~~i Excepting, however, right of way to Indian River
Q~ a 1111 o Drive .
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RECEIYED IN PAIIMEM ~ TAXES
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Y~~j 1E Dl1E ON CtJ1SS'C INTAN6IBLF PER90lIAL PROPERIY, i
~URSUA!(i TO C1111PTER 71-134. AiCTS OF 1971.
~06ER PORMS . i
~ CIFRII CIRCUlT COURT. Si. UICIE 00. FI~ ;
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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 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 ihough they
may be detached or detachable. _
IT IS I'11UTUALLY COVENANTED AN'3 AGREED 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 he~eby, make further advances to the Mortgagor and any such :
further advances, with interest, shall be secured by this mortgage and shall be evidenced by an additional nofQ then
unpaid, and the total amount of indebtedness that may be secured by this ?nortgage may decrease or increase f~om time
to time, but the total unpaid balance so secured at any one time shall not exceed the mazimum principal sum of =
23_~100. 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 ?ate 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. ;
I
RETURN TO MORTGAGEE
P_ O. BOX 9847
RIVIERA BEACH. FLA. 33404 ~ z~3 230
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