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513338 ~n,. ~~ ,~ p~.rea b,-:
Robert A. Burson/pk
ot the I.aw O(ftc~ of
CItO\IWF.LL 8~ R~:~iSEN
Flrat I~lxrine Dank Duilding t3th Floor b0•~~
20U1 Broadway
• Iilviera Iieach. Florida 33404
COi1I~iUN1TY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PAL11I BEACHES
~'~'~ pI'#~tI~C ~ EE~1 `
THIS MORTGACE 1NDENTURE csecuced thu 9th aay ~ January , 1J 81.
by JAMES F. SIMPSON and SUE C. SIMPSON, his wife. ~ ~
of the County of P81m Beach . Statc of FlOrids hereina(ter called t}-e ~lorigagor, which tcnn as used in e~-cry ia-
stance shall include the 1ltodgagor ~ heirs~ executors, successors, ]egal fCp[CSC0~8tlVC5~ and assi~nc~ includinq all s~d~seY~ucnt ~;ranlees, either
voluntarily by act of the partics, or invol~mtarily by operution of law arxl shall denote Qie sin~~Jar and/or plural, :~nd thc maxuline ancl/or
feiniuine and the natural and/~r arti(icial perwns, wher~cver and wherever the conteri so requires or admits, as parties o[ t6c first part, and
Cn\I~(UN11Y FEDERAL SAVIi~CS AND LOA\ ASSOCIAI'ION OF THE PAL\i BEACIIIiS, a corEwration existing under the laws of the
Unitecl States of ~nerica, hereinafter called the Mortgagee, which term as used in every instance shaU include tLc rlort~ab~'s succY:ssors.
1<~~al representati~•es, and assi~ns, as party of the sei.rond part.
~VIT\ESSETlI. T6at for divcrs good and valuabk consideratjoas, and also in consideration of the aggrebate sum of money named
in d~e prou»ssory note of even date herewith, hereinafter de,scribed, the rfortgagor dces grant, bargain, seU, alicn, ren-ise, mlease, convey,
an~l rnnfirm unto the 1lfortgagee, in fee simplc, the following described real estate. of wluch the Mortgagor is now scizeci and possess«l,
and in actual passession, situate in the County of , State of Florida, to-wih
- St. Lucie
Lot 19, Block 436, PORT ST. LUCIE, SECTION THREE, according to the Plat
thereof as recorded in Plat Book 12, Page 13A of the Public Records
of St. Lucie County, Flor~da
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TOCETHEk with all structures and impm~~ements now and hereafter m said land and the fi:tures attache~l thereto and all reab,
issues, proreecls~ and profits accnting and to acerue fn,m said premises all of which are included within the foregoing description and the
habendum 6ereof. Also aIl gas, ateam, electriq water and other heating, oooking, refrigerating, lighting, plumbing. ventilating, irrigating~
and power s~stems, mac6ines, appliances, fi:tures and appurtenactces, which now or may hereafter pertain to or be used with, in or m said
p: ~mises, even though they may be detached or detachable.
1T IS MUTUALLY COVENANTED AND ACREED by and between the parties hereto that upon requcst of the I~tortgagor, the ~tort-
~a ~ee may hereaEter, at its option, at anytime within twenty ( 20) years from the date hereof and be(ore full payment of this mortKaRe
and notes securecl hereby, ma1:e further advances to ihe I~tortp,agor and any sach further advances, with interest, shall be secured b~• this
mortga~e ancl shall be evidencod by an additional aote then uupaid. and the total amouni of indebtodness that may be securecl by d~is mort-
~aAe may decrease or incrcase from time to tiu~e, but the total unpaid balance so seeured at any one time st,all not ezceecl the maaimum
principal sum of s 40 ~ 000. 00 . together with interest thereon and any and all ditbursements made by ihe biorigagee for t},e pay-
~~,ent of tazes, levies, or incuranee on the property covered by the L'en of this mortp,age with interest on such disbursements at the rate speci-
ficd io the note referred to in tS;is mortgage, and for reasonable attorney's fees and court caats incurred in the collection of any or all of
such swns of moaey.
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B~~• ~(J PA1iC~~(~ Rh'RJRN TO L~iSTRUAi~.1T YREPMF1l