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HomeMy WebLinkAbout1916 1~ HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF PALM BEACH JRlax~cxlr~o~rx~cN~ ~'~t1xt~M~E ~ FP~ ~a~s~aaoois~tf~xwlaMCxTlt>rlvR~oceaaexkx x~ea~~,wc~ccl~+cKxa~c tKaio:»a~ard THIS MORTGAGE INDENTURE executed this ~ day of Ma rah, 1980, by JOHN j, L1C1NI and LILLIAN V. LICINI, his wife, St. Lucie, of the County of. Jtvt~~Ae~t~l+, State of Florida, hereinafter called the Mortgagor, which term as used in every instance shag include the Mortgagor's heirs, executors, wccesson, legal representatives,' and_ assigns, including alt subsequent grantees, either voluntarily by aq of the parties, or involuntarily by operation of law and shat) denote tha singular and/or plural, and tM masculine and/or feminina and the natural and/or ortificiol persons, whenever and wherever the context zo ?equiros or admits, as parties of the first part, and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF PALM BEACH, o corporation existing under the laws of the United States of America, hereinaher tolled the Mortgagee, which term os used in every instance shoal include the Mortgagee's wccessors, legal representatives, 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 Homed in the promissory note of even dote herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, rs- mise, release, convey, and confirm unto the Mortgagee, in fee simple, the following described real estate, of which the Mortgoga is now seized and possessed, and in actual possession, situate in the County of Ri0t01?Ql~li~, State of Florida, to-wit: St. Lucie, Lot 72, Phase 1, HOLIDAY PINES, according to the plat thereof as recorded in Plat Book 18, Pages 16 and 16A through 16D, of the Public Records of St, Lucie County, Florida. - . ~ - I i _ - r.'i_ - cv in Peymectt Of ?tltaM ft9cerved ~ Due OR Class "C" ~ntang:ble Persorw! I~PMt1t• Pursuant To Chapter Tt,134. Ads Of 1>TI1. ~ ~ Rp~p POtiM1i £ Cleat Ckwlt Corot, st. fyoi~ C0. /M. C: This (nstr~mcnt `N_s ::cp_:c~ ^y: GORDON 8. JGiiiJSTGN, ESQ. POST OFFICE 30X 2200 VERO @EACH, FLORIDA 32960 TOGETHER with all structures and improvements now and hereafter on said land and the fixtures attached thereto and all ' gents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included within the foregoing de- scription and the haben lum hereof. Also all gas, steam, electric, rooter and other heating, cooking, refrigerating, lighting, plumb- ing, 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 though they may be detached or detachable. IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the Mortgagee may hereafter, at its option, of anytime within ten (10) years from the date hereof and before full payment of this mortgage and notes secured hereby, make further advances to the Mortgagor and any wch further advances, with inter- est, shall be secured by this mortgage and shall be evidenced by an additional note then unpaid, and the total amount of in• debtedness that may be secured by this mortgage may decrease or increase from time to time, but the total unpaid balance io secured of any ane time shall not exceed the maximum principal wm of S4U, QQQ. QQ ,together with interest thereon and any and all disbursements made by the Mortgagee for the payment of foxes, levies, or insurance on the property covered by the lien of this mortgage with interest on such disbursements at the rote specified in the note referred to in this mortgage, and for reasonable attorney's fees and court cost: incurred in the collection of any or all of wch sums of money. TO HAVE AND TO HOLD the some, together with the tenements, hereditaments and appurtenances, unto the Mortgagee, in fee simple. AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple; shot he has full power and lawful right to convey sold fond in fee simple as aforesaid; that it shall be lawful for the Mortgagee of all time} peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is free from all incumbrances; that he will make such further assurances to protect the fee simple title to said land in the Mortgagee as may reasonably bs required; that he does hereby fully warrant the title to said land and will defend the same against the lawfu! claims of all per- sons whomsoever. - efl~x3z7 P~~f,~g~5