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FIRST FEDERAL SAViNGS and LOAN ASSOCIATION ;
~ oF ~nN courmr
MO RTGAG E D E E D
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THIS ~tORTCACE I;~UE~TVRE, execa~c~l chic. 34~.Jay oE .__._~cember_ _ A.D. 19 by
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BEACH CLUB COLONY OF STUART, LNC. , a Florida corporation _ ;
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c~f the Connty of Martio, St~te aE Fsoctda, haninaf~er colkd the '.?~ortgagors, which term ~s used in evay iostauoe shall iadude
the I?tw~tgagois' beit's. e~ec.'+~tocs. ad~nini~t~tors. succ~o~s, kgal reP~cse°tstives and as~gns, ath~ v~oluntary by act of the
ya~ties, or involuntuy by opeatioa oE law and shall denote tLe singulnr aad (oc) plural, md d~e masculine snd (oc)
femininc and natural aixl (or) a~tificial peisw~s, whenever and wherever the coate:t so requira or admits. pazties of the ~
iirst part, and the FIRST FEDERAL SAVIhCS AND LOAN ASSOCIATION _ OF MARTIN COUNIY, oE Stuart, P'1a~ida, a
corporation e~dstiag u~clrr the laws of the Uiuted States of Ameria, LereinaEtrt calied the Associatioo, which tam as uaed in
~~~-erv instsnce shall indude the Assoaation's svcc~essois, legal ~tativ~es and assigns, narty cf tbe sec«~d part.
~VITNESSETH: Tbat for divas good aad valuabtie ooasiderations, and a19o in ooasideratian ~ the aggregate sum af
n,oney named ia the promissory note of even date l~erewith, Lereinaker descxibed, the Mortgagon do g~ant, b~c8ain, sell, a1~ea.
~ emise, rele~ase. convey and confi~m unto the Associatiao, in fee simple the followiag desaibed real estate, af which the rnortgagon
:~rc no~~ seized and possessed and in actual possession. situate in the County of D~. Smte of Fbrida, to-wit;
St. Lucie
' Start at the urtersection of the Westerly right-of-way of
State Road A-1-A and the South line of the North 360. 80
feet of Governmen# Lot 3 of Section 12, Township 37 South,
Range 41 East, St. Lucie County, Florida; thence, run
North 23°49'31" West along said right-of-way of State Road
A-1-A a distance of 480 feet for the point of beginning; thence
continue to run North 23°49'31" VPest a diatance of 108 feet;
thence run South 66°10'29" West a distance of 117 feet; thence
run South 23°49'31" East a distance of 83 feet; thence by curve
to the left, run along the arc, through a central angle of 90°,
a distance of 39. 27'feet; thence run North 66°10'29" East a
distance of 92 feet to the point of begi2uiing. '
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P~CE~4'~D ; IN PAY1.~EtIT OF TA+(ES
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C:fE ON CtASS 'C INTANGIBIE PER~NAL PRJPERTY,
~ Pi;%S.:,1i.T TO ChAPT~R 20J24, ACTS Of 1931.
~ f_G~R PCI?F,AS, Clerlc Circuit Court
~ as Agert fot GRh1El N. KkQVYIES, 1R
~ St Lutie Cour.ty Tax Collector - ~ .
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~ This Instrumeot Was PrcPa~ ~ QEPUIY CLEPJ(
FIRST FEOERAL SAV:NGS ANO LOAN
~ ASSOCIATf~N OF MART{N COUNTY
989 Sovth F ral H~ hway, Stuart. F7a.
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BY'
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~ 'POGETHER with all structures snd improvements now u~d he~eafter on said land and the fixtuses attached tl~ercto, and
.ill rents, ~,pr and profits aocrui~g and to aocs~~ from said pcemise.s, all of which u~e inel~ided within the fore8~6
~ desaiption and tbe~sbendun? bereof; also all gas, steam. and elec~ric water and othes heating~ oooldn~ t+d~iga~atin8• ~8~
~ plumbing, ventilating, irrigating and power system, machiues, appliances. fiztures and appurteauroes, which ara now or msy
~ hereaker pertain to or be used with, iu ar on said preo~ises, even thoug~ be detached or detacbable, all of which it is hereby
~ :~~reed arc or vrhen in:t.aDed shai! beoome a put of said resl estate; and,~ the above deacn'6ed property is now or shall he~e-
~ after be uaed for ~osrun~~ purposa, t~n tbe furniture and f~?ishings and any repLacemeats tl~ebf whidi may be owned
' t,.~ the ~iortgagors and wLich are now or may hereafter be bcated up~ the above des~'bed pmperty.
~ TO HAi'E A`aD TO HOLD the same, together with the tenements, hereditaments and apputtenances, unto the Associ-
:.tion, in Eee simple.
Md the Mortgagon do h~by cova~ant with the Association that they are indefeasiWy :ehed of said land 'm fee simpb;
tiidt they have full power and lawfal right to oonvey said 2and in fee simple as aforesaid; that it shall be lawftd for the Assa~tioa
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