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TWt tastiumeac vva: prepared by:
51334U Robert A. Burson/pk
. of the Law O(tice of
C1i0~1\VFLL 8~ R6~1SEN
FLst I-tarine Bauk [3uikliag C~t6 F1oot ~~~QO
2001 BrwdNU}•
Rlviera 13~acL, Fbrida 33404
CO~i11tUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PAL11i BEACHES
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THIS I~tORTCACE IIVDENTqRE e~ecuted th;s 9th day of January , 1`~ 81 .
by JAMES F. SIMPSON and SUE C. SIMPSON, his wife.
af the County of pgjg~ Beach , State of Florids hereinafter callcJ the \lortgagor, KLich tem~ az used in every in-
stance s}~all indude the 1-fortgs+gor s hcirs, ezecutors. successors, kgal represeatatitrs, and assi~;ns, includu~g all sulu~x~ue~~t grantees, either
voluntarily by aM of the partics, or in~rolm-tarily by operation of law and stwll denate the sin~,nJar uncl/or plural, aied the ~nasculine sud/or
feminine ancl the natural and/or artifici~-1 persons, whei~e~~er and wherever t6o oontext so requires or admiti, as parties of tl-e first part. and
CO~I~fU1V1TY FEDERAL SAVI\GS A1~D LOAN ASSOCIATION OF THE PALAt BEACHES, a corporation ezisiing under lhe laws of the
Unit~d States of ~ne~ica, hereinafter called the rlortgagee, which term as used ia every instance shall inrlude the 1lortgaKec s succc~sors,
le~;al repraentati~es, and s~ssigns, as party of the srcond part.
~VITI~FSSETH, That for divers good and valuable considerations. and a)so in consideration of the aggregate sum of moaey named
in the promissory iwte of e~~en date herewith, hereinafter described, the 1-iortgagor does grant, bargain, sell, aliea, mmise, release, convey,
and confirm unto the I-tortgagee, in fee simple, the following described ~+eal estate, of which the Mortgagor is now seizecl aad poss~ssed,
and ;n actual poasession. situate in the County of St. Lueie . Stace of Flodda, to-wit:
Lot 18, 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, Florida.
RECfJYEO s 50,00 IN PA1R1!fM Of TAXE!
G:JZ O'i CiASS 'C IkTRiiGi6tE P£P.S~*i~~ PR9?EitTY~ .
FC..,:,i:liT TO LlI~PTf7 71-i30, ACTS OF 1l71.
R~Gf.Q PWTRRS
CLERtI q~CU1T CaBAT. ST. WUE C0~ FL~~.
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TOCF.'TliER with all strucmres and 'unprovements now and Lereafter an aaid land and tLe f~tures attached thereto and dl rwts,
issues, proceeds, and pro[its accruing and W accnie fmm said premises aD of w6icb ue included within t6e foregoing description and the
habendum hereof. Also all gas, stesm, electric, water and other beatin8. ooolon8. ref*iSeratin8, 1i~~8. Plumbing, ventilating, irrigating,
• and power systems, machines, appliances, fi:tures and aPPa*tenances. which novv or may hereafter pertain to or be usecl with, in or on said
prcmises, even thoug6 they may be detached a detacbable.
TT IS_ titUTUALLY COVENMi1'ED AND ACREED by and between the parties hereto that npon request of the Mortgagor, the \fort-
~agee may hereafter, at its option. at anytime within twenty (20) years from the date hereof and beforc full payment of this n-ortgage
and notes secured hereby, make furlher advances to the \fortgagor and any such further advances, w~th interest, shall be sec:urecl by this
mortgage and shall be evidencecl by an additional note then ~mpaid, and the total amount of indebtedness that may be secured by this mort-
gage may decrease or inerease from time to time, but the total unpaid balance so secured at any oue time shall not exceecl U~e maximum
principal sum of = 40 t ~00. 00 ' together with intere.st theceon and any and s11 disbursements made by the I~iortgagce for t}-e pay-
ment of tazes, levies, or iasurance on the property oovered by t}-e lieo of this mortgage with interest on such disbursements at the rate sp«.~i-
fied in the note referred to in this uwrtgage, and for reasonable attorne~s fees and oourt caats incurred in the rnllection of any or all of
such sums of money.
80~ J~tU p~f ~s~ ~~ro n~U.~~ p~~