HomeMy WebLinkAbout2577 ~repared dy ceorqe w. sommer
, of So~ner and Frasier, P.A., Attorneys
P. O. Box 2210, Stuart, Florida 33494 ~`~"~;~..N.:•~'~~`~
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COMMUNITY FEDERAL SAVINOi AND LOAN /ISSOC1AT10N Of RIVi~.1 dEACH
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~ort$~~e ~~ee~ .
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THIS MORTGAGE INDENTURE executed this day of __._________Jlt11Y____.___..______..______, ._1973__, .
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RAYMOND D. PARKS and DIANA M. PARitS, his wife, ~
~f the County of St. Lucie , State of Florida, hereinafter called the Mo~tgago~, which te~m as used in every
instance shall include the Mortgagoi s heirs, executors, successors, legal represe~tatives, and assigns, including all sub-
sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shall denote the
singular and/or plural, and the masculine and/or feminine and the natural and/or artificial persons, whe~eve~ and
wherever the context so requires or admits, as parties of the first part, a~d COMMUNITY FEDERAL SAVINGS AND LOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing under ihe laws of fhe United States of America, hereinafter
called the Mortgagee, which term 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, hereinafier described, the Mo~tgagor does gront, ;
bargain, sell, alien, remise, release, convey, a~d confirm unto the Mortgagee, i~ fee simple, the folbwing described ;
real estate, of which the Mortgagor is now seized and possessed, and in actual possession, situate in the County of i
St. LuCl@ , State of Florida, tawit: ~
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Lot 15, Block 115, SOUTH PORT ST.~LUCIE, ;
UNIT ~OUR, as per plat thereof recorded ;
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in Plat Book 13, pages 11, 11A thru 11C; ~
public records of St. Lucie County, ~
Florida. {
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~ TOGETHER with all struttu~es and improvemeNs 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
w~thin ihe 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, applianoes, 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 ~11UTUALIY COVENANTED AN~J AGREED by and between the parties hereto that upon request of the Mort-
gagor, the Mortgagee may hereafter, at its option, at anynme within tvventy (20) years from the date hereof and be-
fore full payment af this morTgage and notes secured hereby, mafce 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 note then ,
~ ~npaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or ~ncrease from time ,
~ ~o t~me, but the total unpaid balance so secured at any one t~me shall not exceed ri~e maximum principal sum of
~ ~40~OOOs_00 together with interest thereon and any and all disbursements made by the Mortgagee for the
~ payment of taxes, levies, or insurance an the property mvered 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
~ ~ncurred in the colledion of any or all of such sums of money.
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~ RETURN TO MORTGAGEE ~ ~~w + w-~
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RIVIERA EACH FLA. 33404 ti~(1}~ U+,y ~1 j
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