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HomeMy WebLinkAbout0410 i'repared By: GEORGE W. SOMMER re~es~.~Y_ of SOMMER AND FRASIER, P. R. oF~~,,,~,~,.,,~p~s~,}~~F?FF{«~W(oMto~ ~ f' . 0. B OX 2 2 ~ ~ wwrsw~ e~eort+vw-ss~os- ~ ~tuart, Florida 33494 ~ COMMUNITY FEDERAL SAll~NGS AND tOAN ASSOCIATtON Of RIVIER/1 sEACH i ~r~a7Y0/G/ • ~ ~~r#~~~e ~e~~ ~ . I A rl ~ 1974~- r THIS MORTGAGE INDENTURE executed this day of ----------p---~---------_------------------------- . by DENNIS A. PASSMAN and SHARON C. PASSMAN, his wife, of the County of $ t. L u c i e , State of Florida, hereinafter called the Mortgagor, which term as used in every instance shall include the Mortgagor's heirs, executors, successors, legal representetives, and assigns, including all sub- sequent grantees, either voluntarily by act of the parties, or involuntarily by operation of law and shall denote the t singular and/o~ 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 IOAN ASSOCIATION OF RIVIERA BEACH, a mrporation existing under the laws of the 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 npte of even date herewith, hereinafter described, the Mortgagor dces grant, bargain, sell, alien, remise, release, convey, and confirm unto ihe Mortgagee, in fee simple, the following described real estate, of which the Mortgagor is now seized and possessed, and in actual possession, situate in the County of S t. L u c i e , State of Florida, to-wit: i Lot 4, Block 250, PORT ST. LUCIE SECTION SIX, ~ according to the Plat thereof as recorded in ~ Plat Book 12, pages 36, 36A through 36D, public ; records of St. Lucie County, Florida. ; i ) 3 i i i f E ? a ~ ~ X ~ ~ ~ U .,,n? ~v ~ ~ ~ ~y>>' - Z ~ C E ~ 1~6~ ~3~• t~~ ~ ~ ~ ~~~~R~~~`t~~~ . ~ w" ~Il~'~~Z~ ~ a ~ ~\V~~~1~ lL ~ ~ ~ _ c~. t_/~? - ' ~ ~ v~s+- ~ . . ~ ~~R~IIl~, ~ STA~~ ~ F S~Annp tn>~ ; ~ ° O~CUMENSARY,~:;: ~ ' _ ~ ~-y flE?T. OF REVENV~ ~ O. O O ~ 2r ti! = = l~rn ~.~I~7 4~ ~ `~C ~ r ' ^`n c~ P&+ i.ti..~...•` g-~ ~ - i~~n2 - - o - n ~ :~~=i TOGETHER with all strudures and improvemeMs now and hereafter on said land and the fixtures attached 3 thereto and all rents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included ' ' within the foregoing description and the habendum hereof. Also all gas, steam, electric, water and other heating, cooking, refrigerating, lighting~ plumbing, ventilafing, irrigating, and power systems, machines, appliantes, 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. 3;_°_z IT IS ~.~1UTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mort- :~Ff`; gagor, the Mortgagee may hereafter, at its option, at anyt~me with~n twenry (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 . `c=~ further advances, with interest, shall be sewred by this mortgage and shall be ev~denced by an additional note then unpaid, and the total amount of indebtedness that may be secured by this mortgage may decrease or ~ncrease from time v<'' ro time, but the total unpaid balance so secured at any one time shall not exceed the maximum prinupal sum of r_::-::, 40 000 _ 00_.____, t ether with interest thereon and an and all disbursements made b the Mort a ee for the E------:------ ~9 Y Y 9 9 payment of taxes, levies; or insurance on the property covered by the lien of this mortgage with interest on such disburse- _ - ments at the ~ate specified in the note referred to in this mortgage, and for reasonable attorney's fees and court costs ~ncurred in the collection of any or ail of such sums of money. ~ a:-:~ > RETURN TO MORTGAGEE P. O. BOX 9847 t ~ i RIVIERA BEACH. FLA. 33404 ~~~~~j ',M~.f d~(, V Z U u=5~ r~~.:: . - _ _ _ . ~