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HomeMy WebLinkAbout0088 " lUGlo ~u r~~~, ~.,iEi~ ~•~e?:r_.w:ii u,: L.AyVRENCE C. GRIFFIN ur~ n~~: I..~w- l)t~r-~i:r~ u~• (;tic~.~~~:~.~., RF:.itir:~, 1'~~.~r•t~F:~rif:~ic:f:~i, 1)_~~~~.•~t:~t:~i. }3aevrEt t3c (;Ft~~-t~~~ h! U. tiox 14U:iti ~ North Falm Beach, FL '33408 ~UCI,~s DIXni : ----~~.~t Lucie Co., - J ~ Clerlc oC r :i ' , d By Gc~ ~ ..j J ~ COMMUNITY SAVINGS~ F.A. ADJUSTABLE RATE MORT~AGE DEED THISMORTGAGEINUENTUREexecut~ithic 24 da~of JANUARY 19 9Q bv CRA4VFORD D. KINNEY & KATHLEEN C. KINNEY, HIS WIFE of the County of P~~B`~~ , State of ~I~ hereinafter called the ~lortgagor, which term as used in every instance shall in- clude the ~lortgagor's hrirs, executors, successors, legal reprrsentatives, and assigns, ir.cluding all subsequent grantees, either ~oluntarilp by act of the parties, or in~oluntarily by operation of law and shall denote the singular and/or plural, and the masculine and/or feminine and the natural and/or artificial persons, j whenever and wherecer the context so requires or admits, as Farties of the first part, and C0~IMUNITY SAVINGS, F.A., a corparation existing under the ~ laws of the United States of America, here6nafter called the 1lortgagee, which term as used in e~ery instance shall include the Mortgagee's wccessors, legal represemati~es, and assignc, as parq of the second part. R'ITNESSETH, That (or dicers good and ~aluable considerations, and also in considera[ion of the aggregate sum of mone~~ named in the promissory , note of e~en date herewith, hereinafter des:ribed, the \tortgagor does grant, bargain, sell, alien, remise, release, convey, and confirm unto the ~iortgagee, in fee ,imple, the follo..ing described real estate, o( which the ~fortgagor is now seized and poss:ssed, and in actual possession, situate in the County of , State of Florida, to wit: ST. L[JCIE , I i LAT 6, ST. LUCIE WF~ST PLAT N0. 12 - THE HAMPTON AT ST. LUCIE WEST, ~ A~ORDING TO TE~ PLAT THERDOF, AS RDCORDID IN PLAT BQOK 27, PAGES ~ 21,21A THROUi~H 218 OF THE PUBLIC RDCORDS OF ST. L,UCIE CO(JNTY, E FLORZDA. ~ ~ ~ c`~ STATE FLORIDA ~ DOCtiMEt~lTqRY,--.;-_ 57AMP 1AX 1 ~ ~lf PF' ~ ;)€A~ YF.~IfiF;i:.'~- Rr : ~ ' ~`'~"i 1 ~ ~r - ' ` a E ~ or = •JANZd•~id ! 8 8 5 i ~ • - ' ~~''~V _ ¢ f ~-__si ~ ~ `c r # r TOGETHER with all structures and impro~ementc now and hereafter on said land and the fixtura a!ta~hed thereto and all ~ents, issues, proceeds, and profits accruing and to accrue from said premises all of which are included within the foregoing description and the habendum hereof. Also all gas, steam, elearic, w ater and other heating, cooking, refrigerati~g, iighting, plumbing, ~~entilating, irrigating, and power systems, machines, appliances, fixtures and ap- purtenances, ~~hi:h no+. or may hereafter pertain to or be used with, in or on said premises, e~en though they may be detached or detachable. , IT IS MUTUA(.LY COYENANTED AND AGREED by and between the parties hereto that upon request of the Mortgagor, the htortgagce may here- atter, at i~s option, at an}time within twent}~ (20) years from date hereof and before fuli payment of this mortga¢e and notes secured hereby, make further ad- ~ ' ~ anas to the ~tortgagor and any such further advancts, uith interest, shall be secured by this mortgage and shall be evidenced by an additinnal note thrn un- ~ paid, and the total amount of indebtedness that may be secured b}~ this mortgage may decrease or increase from time to time, bu: ihe total unpaid balance so ~ seiure~ at any one time shall not exceed the matiimum p:incipal sum or s 123,900.0~ , together with inierest thereon and any and all ~ disb~rsements made by the Mortgagee for the payment of taxes, !evies, or insurance on the property co~ered by the licn of this mortgage with interest on such ~ disbursemen,s at the rate specified in the note referred to in this mortgage, and for reasonable attorney's fees and court costs incurred in the collectan of any `r or all of such sums o( mone~. RETI'Rti TO INSTRCMENT PREPARER 50GN ~~5 P,!GE Op0 ~ ~ ~