HomeMy WebLinkAbout2431 f> repared by : George W. SOIN[1~Y' t - 1'RErAqEO ~V
~ of Sommer and Frasier, P.A., Attorneys p
P. O. Box 2210 Stusrt, Floridd 33494 °r'~tO'~'"~"'"""~`'~''~`'''""~"°G"
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COMMUNITY fEDERAI SAVINGS AND tOAN ASSOCIATION OF RIVIERA sEACM ;
26~242 .
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THIS MORTCAGE INDENTURE executed this _._~_~1_-=_._____.__ day of ___Q~t~b~:~.____._________.____~., ..1.~Z~^,
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JAMES E. GRAHAM and MARGUERITE GRAHAM, his wife, ~
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Florida
of the County of Palm Beach , State o~/Honcle, heremafter called the Mo?tgagor, which term as used in every ~
instance shal! i~clude the Mortgagor's heirs, executors, successors, legal representatives, and assigns, including all sub-
sequent grantees, either voluntarily by act of the parties, or involuntarily by ope~ation of law and shall de~te the
singular and/or plural, and the masculine and/or feminine and the naturai and/or artificial persons, whe?~ever and
wherever the mntext so requires or admits, as parties of the firsl part, and COMMUNITY FEDERAL SAVINGS AND LOAN i
ASSOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinafter
called the Mortgagee, which term as used 'en every instance shall include the Mortgagee's successors, legal representa-
tives, and assigns, as party of the second parf.
WITNESSETH, That for divers good and valuable tonsiderations, and atso in consideration of the aggregate
sum of money named i~ the promissory note of even date herewith, hereinafier described, the Mortgagor does g~ant,
bargain, sell, alien, remise, release, convey, and confirm unto the Mortgagee, i~ fee simple, the following described
real estate, of which the Mo~tgago~ is now seized and possessed, and in actual possession, situate in the County of
St. Lt1Cle , State of Florida, to-wit:
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3~~m , a~r;
018S39
Lot 2, Block 3226 , PORT ST. LUCIE t~j~~~~~,~, d~.
FLORESTA PINES - UNIT 2, as per i O
plat thereof recorded in Plat Book 1 c~
16 , page~ 37, 37A through 37C, public ° 3D
records of St. Lucie County, Florida.
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" TOGETHER with all structures and improvemenis now and hereafter on said land and the fixtures attached
thereto and all rents, issues, proceeds, and profits acc~uing and to accrue f~om said premises all of which are included
; with~n the foregoing description and ihe habendum hereof. Also all gas, steam, elect~ic, water a~d othe~ 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 thovgh they
= may be detached or detachable. .
IT IS ~1lUTUALLY COVENANTED AN~J AGREEO by and between the parties hereto ehat upon request of the Mort-
3 gagor, the Mortgagee may hereafrer, at ~ts option, at anyt;me w;thin twenty (20) years from the date hereof and be-
fore full payment of th~s mortgage and notes secured hereby, 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 note then
unpaid, and the total amount of indebtedness that may be setured by thrs mortgage may detrease or ~ncrease irom time
; ro time, but tne total unpaid balance so secwed at any one time shail not exceed the maximum principal sum of
` ~__~Z_~~QQ._Q~_____., together with interest thereon and any and a!I disbursements made by the Mortgagee for the
~ payment of taxes, levies, or ;nsurance on the property covered by the lien of this mo~tgage 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 msts
~ncurred in the collection of any or all of such sums of money.
RETURN TO MORTGAGEE PA 2430
~ P. O. BOX 9847 ~ p 2i~ ~
~ RIVIERA BEACH, FLA. 33404 ~~aK
~