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FIRST FEDERAL SAVINGS and LOAN ASSOCIATION
OF MARTIN COUNIY "
~ MO RTGAG E D E E D
THIS \lORTCACE 11~DE:~TITRE, executeci thix ~2~..__day of ..----_FebY`ua~`y_.__-.----.--_------- -__A.D. 19 ~.1----, bY
- .--JOHN E. _FRADD.and_FAUSTENA R. _FRADD,_ his wife-----------------------
- -----------------S~~ -
Luci~~~---.~'
uE t6e County oE ~ State of FfocicL, heraiaafte: alled the 11fat8a8ors, which term as used in every i~utance sball includa
the 11lwtgagors' beirs. mrocutors. ada~fai~trat'a~s. suocesso~t. Ie8a1 repcesentatives aad asafgnt~ dther voluntary by act oE tbe
pa~ties, or invduntary by operatian oE !sw and ahall daooee the singular and (cc) pluta~ and tbe ma~culine and (ar)
feminii?e and natural and (or) artificial peisa~s, whenever and wh~ the oontext so requires a~ admits, parties of tbe
first part, and t~ FIAST FEDEAAL SAVINCS AND LOAN ASSOCIATION OF MARTIN COUNIY, af Stuart, F1o~ida, a
corpoiation existing unclrr tLe lawa of the United States of Amerk~, her~Oaffia calkd the As~ociatioa, whkh texm as used in
c.•ery instance shall include the Assodation's successo~s, ~egal rc~x~sa~taHves and assigus, party af the second part.
WITNFSSETH: Tbat for divers good and valuable caosideratioo:, and also in ooz?~deratian of the aggregate sum af
,noney named in the promissory note of even date Lerewith, h~einafter desaibed, the Mortgagois do g~rant, bar8au?, se~. a1im.
~ emise, release, o~vey and oonfirm unto the Associat~io~, in feo simple the folbwing described real estatq of which the mortgaga~s
:~rc now seiud and pos~sed and ia actus~l p~on, situate in the County of State of Fbrida, to-wIt:
St~ucie
Lot 5, Block 2, of SOUTH FORT ST. LUCIE
'UNIT ONE, according to the PZat thereof
recorded'in I~'lat Book 12, page 2 of the Public
Records of St. Lucie County, Florida.
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; PURS1;.1tIT 70 M~L PROPEATY.
CHMTER Z0124. ACTS Of l9/1.
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f d A~+ent tot DANI~ )R
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F OFPUIY AFIdc
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~ 1N~ ?nsM+m~nt Was Pr~epo~d Sre
~ fiRST FEDFRIIL SAVInKS ~ND IOAN
ASSOCIATIOY OF Mf.Z:1V •_:~~NTY
~ ~8 South Federct 7-!~:{nwov. S:uort, Fb.
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s 1~OGETHER with all structures and impc+~vements now and hereafter oo said land and the f'vctunes attaehed thtreto, and
~ all res~ts, issues. prooeeds aad profib aoavi~g and ~o aocrue firom said Premise.s, all of which are inclu~ded witbia the f°re8°iqg
_ descxiption and tht habendum hereof; al~o all gas, steam, and electric water and oihe~r heating aookin& ~8~~8~ ~m&
~ plumbing, ventilating izrigating, and power aystem, machines~ appliances. fiztures and appurtenanoa, which are now or may
7 hereafter pertain to or be user~ witb, in oc oa said pre~nises, even though be detached ~ detschable, all of which it is hereby
~ aRrecd are or when installed shall beoome a part of saEd real estate; and,~ tl?e above descxibed property is now or shall here-
after be used for oommerciai purposes, thea tbe fumiture and fiunishings and any replacemeats tLes+eof which may be awned
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by the ~iortgagors and which nre now or may hereafter be located upon the above desQibed property.
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TO HA~'E A:~D 'PO HOLD tbe same, together with tl~e tenements, hereditaments and appurtenances, unto the Associ-
u :.tiun, in [ee simple. ,
~ And the Mortgagors do hereby eavenant with the Aswciation that tbey are indefeaubly seized of said land in fee simpb;
~ thrt they have fuU power and lavrful right to convey satd Iand in fee simple as aforesaid; that it shall be lawhd for the Association
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