HomeMy WebLinkAbout2561 ~ repared by : ~eorge w. sommer ~0 ~ i
~ of Sommer and Frasier, P.A. , Attorneys ~~~~~~~M,',R+~~~~
P. O. Box 2210, Stuart, Florida 33494 -R~.o«-..»-
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COMMUNiTY fE~ERAI SAVINGS AND tOAN ASSOCIATION OF RIVI~A ~EACN 25991'7
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THIS MORTGAGE INDENTURE executed this -3-._----. day of JLily_______________________________ 1~ 7~.~_, ~ ~
by ~ ~ ~
ORVILLE R. PARKS and LOUISE T. PARKS, his wife, ~
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of the County of St. I,UCie , Stare of Florida, hereinafter called the Mortgagor, which term as used in every ~
instance shall include the Mortgagor's heirs, executors, successors, legal representatives, and auigns, including all sub-
sequent grentees, either voluntarily by act of the parties, or involuntarily by ope~ation of law and shall denote the
singular and/or pfurat, and the masculine and/or feminine and the natural a~cl/or artificial persons, whe~ever and
wherever the context so requires or admits, as parties of the first part, and COAAMUNITY FEDERAL SAVINGS AND IOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing under fhe laws of the United States of America, hereinafter
called the Mortgagee, which term as used in every instance shaU 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 th$ aggregate
sum of money named in ihe promissory note of even date herewith, he~einafter deuribed, the Mortgagor does gront,
bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, in fee simple, the foltowing described
real estate, of, which the Mortgagor is now seized and possessed, ~nd in adual possession, situate in the County of
St. LuCle , State of Ftorida, tawit:
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Lot 9, Block 116 , SOUTH PORT . ST LLTCIE ~
UNIT FOUR, according to the plat thereof 3
as recorded in Plat Book 13, pages 11, !
11A thru 11C, public records of St. Lucie ~
County, Florida.
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O7 ~TATE oF FLORIDA ~MP iAX ~ SitiMP TAX ~ ~ '
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TOGETHER with all strudures 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 fhe foregoing description and the habendum hereof. Also all gas, steam, electric, wate~ and other heating, ~
cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and power systems, machines, appliances, fixtures
n and appurte~ances, which now or may hereafter pertain to or be used with, in or on said premises, even though they
may be detached or detachable.
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~ IT IS ~11UTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mort-
gagor, the Mortgagee may hereafter, at ~ts option, at anyt~me within twemy (20) years from the date hereof and be-
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~ fore Full payment of th~s morrgage and no~es secured hereby, make further advances to the Mortgagor and any such
~a further advances, with ~nterest, shall be secured by this mortgage and shall be evidenced by an additional note then
~ .,npaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or mcrease from time
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~ !o time, but the total unpaid balance so secured at any one time shall not exceed the max~mum prinupal sum of
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S__~~,.QQQ~?_QQ-______, 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 ihis mortgage, and for reasonable attorney's fees and court costs +
~ ~ncurred in the tollection of any or all of such sums of money.
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~3 RETURN TO MORTGAGEE O A
P. O. BOX 9847 t~(1(1~( ~ fi
RIVIERA BEACH. FLA. 33404 „c ~
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