HomeMy WebLinkAbout0489 • ;
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1bi. iascnrrueet was prewred M?3
- Robert A. Burson/pk
of the Law Office of
CRONWEI.L do RE.NSEN
Flat Marine Bank Building 6th Flooc
S(10l Broadwayy
Riviera Beach. Florkla 33404
COAi11iUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES
r~a~$e ~Eed
TIiIS hIORTCACE INDENTURE e:acrrted this 16th day of September . 19 80
by - SALVATORB PATTI and CSCBLIA PATTI, his tiife.
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of the County of St. Lucie ,State of Florida hereinafter called the Mortgagor, which term as used in every ia-
stance shall inclrrrle the llfortgagor
s heirs, executors. successors, legs{ representatives, and assigns. including all sulis~viucat grantees, either
voluntarily by act of the parties. or involuntarily by operation of law and shall dcrwte the singular and/or plural, arrd the uu~sculine and/or
feminine and the natural and/or artificial persor?s, whenever and N~herever the context so requires or admits, as parties of the fiat part, and
CO\I~IUNITY FEDERAL SAVI\CS AND IAA.\1 ASSOCIATION OF THE PAL11t BEACNFS, a corporation existing under the laws of the
United States of America, hcn;inafter called the {?lortgagee, which term as rased in every instance shall include the \lortgag~'s successon~, i
k•~a{ representati~YS, and assi~s, as party of the second part. i
WITNF.SSETH. That for dives good and va{uable corasideratio~, and ako in opasideratian of the aggregate sum of money Warned
in the promissory note of even date herewith, hereinafter described. the I?lortgagor does grant, bargain, sell, alien, remise, release. convey.
and confirm unto the Iltortgagee, in fee simple,• the fol{ovving described real estate, of which the Mortgagor is naw seized and possessed,
and in actual poasasion. sidrate in the County of St. Lucie ,State of Florida, to-wit:
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Lots 8 and 9, Block 1, Revised Plat of Baker's Subdivision, according to
the Plat thereof on file in Plat Book 8, Page 62, of the Public Records
of St. Lucie County, Florida.
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~ _ T- - - . 4 Rettlred t ~-7 ~ ~ h+ PsTntem OI T~ ~
v c It1 r•:_• ~ Oue On Class "C' Irrtanpr'ble PefsOrl'1 ~'OpMly -
. _ _ ~t.~ c:.,t„ ~ oursuaM To Chapter 71. 134. Act Ot ~ 71.
- es ~:-~r ~.:`-i 12 3. 7 ~ ~ ROGER POITRAS~~
` _ - _ Cters Circuit Cottrt, SL LucN. Co.. Fle.
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TOGETHER with all structures and improvements now and hereafter oa said Land and the fixtures attached thereto and aII runt;,
issues, proceeds, and profits accruing sad to aocrne from said premises aII of which are included within the foregoing description and the
habendum bereof. Also all gas, steam, electric, water and otter heading, eoolting, refrigerating, lighting, plumbing. ventilating. irrigating,
and power systems, machines, appliances, fixtures and ap~purlenanoes„ which naw or may hereafter pertain to or be used with, in or m said
~ premises, even though they may be detached or detachable. '
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereW that upon request of the Mortgagor, the !ltort-
gagee may hereafter, at its option, at anytime within twenty (20) years from the date hereof and before full payment of this mortgage
aid notes secured hereby, make further advar?ces to the Mortgagor and any such further advances, with interest, shall be secured by this
mortgage and shall be evidenced by an additions{ note then unpaid, and the total amount of indebtedness that may be secured by this mort-
gage may decrease or increase from time to time, but the total unpaid balance so secured at nay one time shall not exceed the maximum
principal sum of i 82,500.00 .together with interest therein and any and all disbursements made by the Mortgagee for the pay-
meet of fazes. levies. ar insurance on the property covered by the lien of this mortgage with interest on such disbursements at the rate speci-
fied in the note referred to in this mortgsge, and for reasanab{e attorney's fees and court costs incrrrned in the colleMion of a~ or all of
such sums of money. ~
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