HomeMy WebLinkAbout1697
~3'
77iit tnserumcnt wa. preparod by:
~1~~z Robert A. Burson/pk
of tho Law O(fice of
CRO\I~VI:I.L !~c REl-fS6N
F[rst I-lam~ Bank HuiWing 8th F'loor
2(rill Broa~lway p0
Riviera Bcach. Florid~ 33404 ~•
C0;1I~IUNITY FEDERAL SAVINGS AND I.OAN ASSOCIATION OF THE PALIl BEACHES
~ C-'~.~ p L'f~M$¢ ~ EE~
THIS MORTCACE INDENTURE ea~ecueed t1-is 9th day oE January . 19 $1,
by JA1~S F. SIMPSON and SUE C. SIMPSON, his wife.
of the County of palm BE'.SCh ~ State of Florida hcrcina(ter called the ;1tod~agor, which tcrm as iucd in every in-
stance shall include the riortgagor's heirs, esecutors, succeswrs, legal represeatatives, and assigns, inch~diug all suLseK~uent }~raMecs, eitl~er
volunt:~rily by act of the padies, or involuntarily by operation of law acxl shall denote die singular and/or plural, a:id d~e m:~.uiilin, and/or
fe~ninine and the natural ancllor artificiai persc.na. ~~•I~enever a•~d tvherever the conteYt so reyuires or ad~oits, as rartics of tlic first pari, and
CO\f\IU~IITY FEDERAL SAVII~CS A\D LOA\i ASS~CIATIO\ OF THE PAL\f BEACI~ES, a corporAtion existin~ under the laws of the
Unitecl States oE America. hereinaEter ~~all~d lhe I-tortgagee, which term as nsed in every inttance stuill include U~e '~lo:tbagee's succcs.wn,
1cp;a1 mpresentatives, and assibns, as party of the s~eonJ part.
~VITI~ESSETH, 17~at for divers good and valua6lo consideratio~ and also in consideration of tbe a~gregate sum o[ money na~ned
in the promissory note of even date hCrewit6, hereinafter described, the 111ortgagor does grant, bargain, sell, alien, remise, release, convey,
and confirm unto Uie 1-torigagee, in fee simple. the foUowing described real estate, of w6ic6 the Mortgagor is now seiuYi and possessed.
and in aMual posscscion, situate in tl~e County of St . Lucie . State of Flo~ida. to-wit:
Lot 20, 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.
RfCfiYE9 s g0.00 IN PAY~EtiT Of TAXEE
LUc OH CLi.:S 'C 1HTANG~SLE PERS'S:il~L PflOPERTY.
FUn~~:.tIT TO CH.1PTt~ 71-134, ACTT OF 1~1L
ROGFel POITf~AS
CLiRK qACUiT COOitT. iT. LYCE ~~~•~'
; --_ . - -
t ' . ~~.~ , -.
t -
~ . , . .
:; -_- _-
~.:
- - - i
v i
'
-: ._ _-~0.~~.t ~
~.
TOCr.'I'HER with all structures and 'unproti~ements now and hereafter an said land and the fi:tures attached thereto and aIl reab,
issues, proceeds, and profits aceruing and to accrue from said premises all of whicb are included within the foregoing description and the
habendum l~ereof. Also all gas, steam, electric~ water and other heating. oooldng, refrigeratin8, liBb~S. Plumbing, ventilating, irrigating,
and power systems, machines~ appliaooes. fi:tures and appurtenances, which now or may hereafter pertain W or be osed with, in or on said
premises, even though they may bc detached or detacbable.
IT IS ~tUTUALLY COVENANTED MD ACREED by and between the parties hereW that upon request of the riortgagor, the ~tort-
gaoee may hereafter, at its option, at anytime within twenty (20) yean from the date hereof and before full payment of this mort~;aRe
and notes securecl hereby, make further ad~•anc~es to the I-longagor and aay sue6 further advances, ~vith interest, shall be securecl by this
mortgage and shall be evidenc~i by an additional note then unpaid, and the total amount of inJebteclness that may be secured by U~is mort-
~age may decrease or increase from time to time, but the tocal ~mpaid balance so secured at any m~e time shail not ezcee.d the macimum
principal sum of a 40 ~ 000. 00 , together with intereat tbereon and any and all disbursements made by the Mortgagee for the pay-
ment of ta:es, levies. or insurance on tlie property covered by the lien of this mortgage with interest on such disbursements at U~e rate speci-
fied in tLe note referred to in this mortgage, and [or reasonable attorney s fces aud court coats incurred in the coUection of any or all of
such sums of money.
a~~s p~~~is~~
RETI~'RN TO IKSTRlJ7~t~? PftEPAAER
x:,~~-._-w:w-c:~.: ~