HomeMy WebLinkAbout0961 , . N
~ ~ this instrumrnt w~e prcparcri byr
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Prepared by: ` . g~
ROBERT A. BURSON, ESQUIRB a44413 ~l~~l~ ~
67 South Federal Highway
Stuart, FL 34994
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~ COMMUNITY SAVINGS, F.A.
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~ - ADJUSTABLE R.A?TE 1VIORTGAGE 1~EED
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~ THISMORTGAGEINDENTUREextcutedthis 2Sth dayof AUguBC .19 8~
~ by • ~ ~
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WILLIAM A. JORGENSEN AND GAIL E. L. JORGENSEN, his wife ~~t~
~ of the County oiSt . LuCie , State of Florida hereinaRcr called the Mortgagor, which term as used in every instance shall in-
~ clude the Mortgagor's hei~s, executors, succ¢sso~s, iegai rcpresentatives, and assigos, including all subsequent grantees, ei~her ~•otuntarily by act of the parties,
y or involuntatily by operation of (aw and shall denotc the singular and/or plural, and thc masculine and/or feminine and the n~tural and/or artificial persons,
~ whenever and wherever the context so requira or admits, as partirs of the first part, and COMMUNITY SAVINGS, F.A., a corporation existing under the ~
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~ laws,of the Unitec! States of America, hcrrinafter called the Mortgaget, which term as used in evety instance shall include the Mortgagee's successors, legal
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~ representatives, and assigns, as party of ihe~second part.
~g WITNESSETH. That for dive~s good and valuablt considerations, and also in consideration of the aggregate sum af money named in the promissory
` note oi e~•en date herewith, hereinafter described, the Afortgagor does grant, bargaio, seil, alicn, remise, release, convey, aod confirm unto ~he Mortgagee, in
` ftr simple, ihe following dacribed real atate, of whirfi the Mortgagor is now seized and possessed, and in aclual possession, situate in the County of
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~ , State of Florida, to wit:
St. Lucie
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; Lot 5, Block 2, REVISED PLAT OF BAKER'S SUBDIVISION, accordinb to the Plat thereof,~as recorded
~ in Plat Book 8, at Page 62, of the Public Records of St. Lucie County, Florida.
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~ S_s~_I L.. n y.,,,ent Of Taxes
i ~,;a On CLss `"C" rsv:,~~ Property,
~ Purs~znt To Ci:ap'e~^7 , 1~4. Acis OE 1471.
t pOUvlAS GlXO?~, r;~
~ Clerk Circui! Court, St. LuciQ, Co.t Fl~~
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~ TOGETHER with all structures and improvements now and hereafter on said land and the fixtura attached Ihereto and all rents, issues, proceeds, and
~ profits accruing and to accrue from said premises all of which are ~ncluded w~th~n the forego~ng desenption and the habendum hereof. Also al) gas, steam,
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~ ekctric, water and othet hcating, cooking, refrigerating, lighting, plumbing, ventila~ing, irrigating, and power systems, machines, appliances, fixtures and ap-
purtenances, which now or may hertafter pertain to or be used with, in or on said premises, ei•en though thry may be detachcd or detachablt.
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3 IT IS MUTUALLY COVENANTED ANb AGREED by and betwcen the rtits htreto that u
pa pon request of the Mongagor, the Mortgagee may here-
i after, at its option, at anytime within twenty (20) years from date hereof and before fuli payment of this mortgage and notes secured hereby, make furthcr ad-
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. vancrs to ~he Mortgagor and any such further advances. with interest, shall be secured by this mortgage and shall be ovidenced by an additional note then un-
paid, and the total amaunt of indebtednas that may be secured by this mortgage ma~ decrcase or increase from time to time, but thc total unpaid balance so
securcd at any one time shall not eacad the maximum principa! sum of S 2q600.~~ .~ogether wilh interest thereon and any and all
disbursements made by the Nortgaga for the payment of ta~ces, levies, or insurance on the property covered by the lien of this mortgage wi[h interest on such
disbursemenls at the rate spcciCed in the note refetred to in this mongage, and for reasonable attorney's fees and court costs incurred in thecollectioa of any
~ or all of such sums of money.
RETURN TO It3STRUMENT PREPARER
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