HomeMy WebLinkAbout2441 ~'r~pared By : George W. Sommer ~6~3a~9 j ~
of SOMMER & FRASIER, P.A., Attoxneys
. P. O. BOX 2 210 -c"°'"wee~' "ee~'r a'w~** ~er+"sw~"' i
Stuart Florida 33494 ~_°"`'"a'~ :
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COMMUNITY FEDERAL SAVINGS AND IOAN ASSOCIATION O!~ RIVIERA dEACH , ~
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~DX~~M~P ~EE~ ;
' September 1973
THIS MORTGAGE INDENTURE execut~d ihis ___.___Y_ day of
~y .
CLAYTON C. MAMELE and MARCELLA G. MAMELE, his wife, `
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Virginia
of ihe Counry of Princess .Anne srat~ of dd~i~, hereinafter called the Mortgagor, which term as used i~ every
instance shall include the Mortgagor's heirs, executors, successors, legat representatives, and assigns, includirig aN sub-
sequent grantees, either vofuntarily by act of the parties, or involuntarily by operation of law and shall denote the
singular and/or plural, and the masculine and/or femi~ine and the natural and/or a~tificial persons, wheneve~ and
wherever the context so requires or admits, as parties of the first part, and COMMUNITY FE~ERAL SAVINGS ANO IOAN
ASSOCIATION OF RIVIERA BEACH, a corporation existing under the laws of the United States of America, hereinafter ~
cailed the Mortgagee, which te+m as used in every instance shall include the Mortgagee's successors, lega) represents-
tives, and assigns, as party of the second part.
WITNESSETH, Thnt for divers good and valuable considerafions, and also in consideration of thc aggregate
sum of money named in the promissory note of even date herewith, hereinafter described, the Mortgagor does grant,
bargain, selt, alien, remise, release, convey, and confirm unto the Mortgagee, in fee simpte, the fo!lowing dexribed
reai estate, of which the Mortgagor is now seized and possessed, ond in actual possessio~, situate in the Couny of
St. Lucie . State of Florida, tawit:
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Lot 5, Block 3225, PORT ST. LUCIE FLORESTA PINES
UNIT 2, according to the plat thereof as recorded
in Plat Book I6, pages 37, 37A thru 37C, PubZic
Records of St. Lucie County, Florida.
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oZ ~ D~OCUMEN ARY,~~~STAMf' Tt'•> ~
c'' OEPI.OT REVENUE 's
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Zr Y ~~60.75i '
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pN1~MIT ip Q{A/!~]t 71•1~. !YG?S OF ~~~~j
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TOGETHER with all strvdures and ;mprovemenis now and hereafter on said land and the fixtures ettached
thereto and al1 rents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included
within the foregoing description and the hahendum hereof. Also a(I ~gas, steam, electric, water and other heating, '
cooking, refrigerating, lighting, ptumbing, ventilating, irrigating, and power systems, machines, appliances, fixtures `
and appurtenances, whith 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 ~.~UTUALLY 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 anyt~me within twenty (20) years from the date hereof and be- j
fore full payment of this mortgage and notes secured hereby, make furrher advances to the Mortgagor and any such
~ further advances, with interest, shal! be secured by this mortgage and shall be evidenced by an additionat note then #
3 unpaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or increase from t~me z
; ra time, but the total unpaid balance so secured at any one time shall not exceed ~he maxim~m principai sum of ~
b___40 L500 . 00______, together with interest thereon and any and all disbursements made by the Mo~tgagee for the
paymenT of taxes, levies, or insurance on the property mvered by the lien of this martgage 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 collection of any or atl of such sums of money.
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RETURN TO MORTGAGEE $ait~ 2is ~+L_ ~~40
P. O. BOX 9847 '7 ~ ~
RtVtERA BEAGH. FLA. 33404 ~
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