HomeMy WebLinkAbout0202 i~ repared By : GEORGE W. SOMI~R -~~o-~? ~y
f SQMMER AND FRASIER, P. A. 2sU355
t' . O. BoX 2210 -o.-cRO~r.~es.r.tw-st-r?~+?f~~eestR
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Stuart, FloY'3d8 33494 -~we~w-~s~r?~.~~s,~'s~er
COMMUNITY FEGERAL SAVINGS AND IOAN ASSOCIATION OF RIVI~/? dEACH ~
~IIxt~M$P ~PP~ i
THIS MORTCAGE INDENTURE executed this _.31St___,__~____ day of __..___July____~__,. 1973 ~
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by . . i
MAGIC ENTERPRISES, INC., a Florida corporation, ~
,
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;-+~~of-Ha;cle, hereinafter called the Mortgagor, which term as used i~ every ~
instance shall include the Mortgagor's heirs, executors, successors, legai representatives, and auig~s, including a!! sub-
sequent gra~tees, eithe~ voluntarily by act of the parties, or involuntarily by operation of (aw and ahall denote the ~
singular and/or plural, and the masculine and/or feminine and the natural and/or artificial persons, whenever and
wherever the• context so requires or admits, as parties of the first part, and COMMUNITY FEDERAL SAVINGS AND LOAN
ASSOCIATION OF RIVIERA BEACN, a corpo~ation existing under the (aws of the United States at America, hereinaher
called the Mo~tgagee, whith term as used in every instance shall intlude the Mo~tgagee s successors, legal represents-
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 grant,
bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, in fee simple, the following described
real estate, of which the Mortgagor is now sei2ed and possessed, and in actual possession, situate in the County of
St. LuCie . State ot Flor;da, to-wit:
Lot 8, VERDE PINES~, as per plat thereof . ~ .
recorded ~n Pl.at Book 16 , page~ 39 af. the
~ ~ public records-of ~t. Lucie County,.~lorida.
~ STAT~ °F Ft-CaR1pA~ .
A STAMP 1~> I
` OOCUMENTARY ` ~4~+~
C-Zi `o OEP1.OF
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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 p~ofits accruing a~d to accrue from said premises all of which are intluded
within the foregoing desc~iption and the habendum hereot. Also all g~s, steam, electric, water and other heating,
cooking, refrigerating, lighting, plumbing, ventilafing, irrigating, and power systems, machines, appliances, fixtures
and appurtenances, which now or may hereaher pertain to or be used with, in or on said premises, ever5 though fhey
s may be detached or detachable.
~ IT tS 1.~UTUAlIY COVENANTED AN~J AGREED by and between the parties hereto that upon request of the Mort-
gagor, 1he Mortgagee may hereafter, at its option, at anyt~me within twenty (20) years from the date hereof and be-
; fore full payment of this mortgage and notes secured hereby, make further advances to rhe Mottgag~r and any such
~ fvrther advances, with interest, shalf be secured by this morrgage and shall be evidenced by an additional note then
unpaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or increase from time
_ to time, but the total unpaid balance so secured at any one time shall not exteed the maximum principai sum of
: s_ 46~200~00 together with interest thereon and any and all disbu~sements made by the Mortgagee for the
' payment of taxes, levies, or insurance on the property covered by the (ien of this mortgage with interest on such disbursc-
~ ments at the rate specified in the note refer~ed to in this mortgage, and for reasonable attorney's fees and court costs
~ ~ncurred in the collection of any or aIJ of such sums of money.
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= RETURN TO MORTGAGEE ~t Ry 2~7 P.~' !
3 P. O. BOX 9847 j.';
- RIVIERA BEACH. FLA. 33404
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