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FIRST FEDERAL S~AVINGS and LOAN ASSOCIATION
OF MAaTiN COUNTY
~ MORTGAGE DEED
TH1S ~tORT'CACE 1KUE.\"NRE~ esecuted th~s.-Zy'r'c~,~Y of _ JBIIUa~! . A.D. 19 71---. by
s~cx c~,v~ co.u~rn~_oF sTVt~xT~--n~+c.~. --a.~Q~t~_~o~~~-
uf tbe Countv of Martin~ State af Florids, ~ereinaEtec called the !?faigagars, whjeb tenm as wed inovery inatanoe shaU indude
the I?t~xtg,~gas' beiss, e~cecutors. admioistnta~s, wcoessors. kg,al r~epce~atatives and au~?s~ eitber voluntuy by act ~ die
padia, o~ inv~otuntac~? bY operatia? of Lw aud :ball d~enote tbe singular and (cs) pturAl, and tbe mascWine aad (a)
femioine aod natural ud (or) actif'icial paaous, wheaever aad wherever tbt~ contest 'o requira ~ admits, paities of the
first part, and the FIRST FEDERAL SAVII~CS AND LOAN AS.SOCUTION OF MARTllV OOUNTY, af Stuart, Flotids, a
corporatioa eaostug uncler tbe laws of the Unitod Stata of America, hereinaker called the Associatioo, whi~ch term a~ used in
~-~•ery insbnee shall indude the Assoaition's successon. legal repe+esentatives and assigns~ paety af the s«,~ond part.
WITNF.SSETH: TLat for divas good aad valuabb oooaideratioas, and also in ooosideration of the aggreg,ate ~mn of
ma~ey ~wmed in the proanissory note of even date Lerewith, bere;nafter darnbed, tbe Modgaga~s do g~rant, b~r8ain, se4 aliea.
, emise, release, convey and confirai unto tbe Associatioo, in fee simple the following descxibed real estate, of which the mo~tgagas
:?rc now seiud and po~ses~ed aud ia achud poasession~ situate in the County af ~ Stste af F'lo~ida, to-wit: ~
_ St. Iucie
All of Goveriunent Lots 1 and 2, Seetion 1 i, Township 3? South, Range 41 East, ~ EXCEPT
the lands formerly conveyed to W. I. Allen and a strip of land containing 15 acres
adjoin.i.ng the W. I. Allen land on the South line from the Indian River on the West to
the Atlantic Ocean on the East, and far enough South to make the South line of this 1~
acre tract paralle2 to the North line, the lands hereby described containing 19. 6? acres;
AISO the North 14. 08 acres of Government Lots 3 and 4, Section i l, Township 37 South,
Range 41 $aat, and ~unning from the Indian R~ver on the West to the Atlantic Ocean on
the East, atid ao far South from the North Iine of said Lots 3 and 4 to make or contain
14. 08 acres of land; less and e$cept all of the Southern 350 feet (as measured along
~te Road A-1-A) of the above-described property lying Easterly of said State Road
A-1-A to the Atlanhc Ocean, the whole of the precedi.ng described property being more
particularly described in E~hibit "A" which is attached hereto and made a part hereof.
It is intended that this mortgage wi]l have equal status with that certain mortgage
between the same parties dated December 15, 1970 and recorded December 16, 1970
i.n Official-Records Book 188, page 2811, St. Lucie County, Florida, ~ublic records,
; in the principal amount of ~550, 000. 00.
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f WE a'1 CtASS ~C' IMfANC~61E OF TJ17~
~ A1RStiANT TO CHAPTER 20724, ACT~
S~p~194~~•
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- 1~OCET'HER with all structur~ aod imp~rovements aow and hereaker on said Iaad wd the firturea attached thereto, and
.~ll ra~, ' prooeeds aod baoau~g and w a~crue from said
~ P~ I~, aII of whic~ are iacl~ded vvitbin tbe foregoing
desaiptioo and the haber~cium hereof; abo aII gas, str~am, and e~ectric water and other heating o001~& refrigesatin8, lightm8~
~ plum
~S• ~~~8• ~Szb"8• ~ P~''a machir~es, a firtures and appurtewnoes, wl~h are now ac may
~ ~fter pertain to or be ased v?ith, in ar on said p~ni~es, eveaP~they be detsched or det~chsbk, aD of which it is hereb~?
~ a ue or when installed shalt beoome a part of said real estate; and, ~ the above described p~paty ia now or s6all bere-
~ er be ~sed for oouu~l p~uposa. theu tbe fumicure and fumishings u?d any repla~ts dureof which may 64 owned
~ by the ~fortg~gars and which ue now or may hereafter be located upvn tbe above describad praperty.
~ TO HAYE A.\D 'PO HOLD the same, wgetbex with t6e tenements~ hereditaments and appurteoanres~ unto the Associ-
:.tion, in fee simple.
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~ Md tbe ~lortgagors dobereby owawnt vvi~ tht Asiociation that they are indefeasibly =eiud af said land in foe dmp~;
~ th.t t}~ey bave full power and hwful rig)~t w ooovey said laad in fee simpk as aforesaid; that it sL~11 be LwfiJ for tbe A~$on
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