The URL can be used to link to this page

Home My WebLink About0504 . • ~ l € 2~U8629 ~ ~ : i FIRST FEDERAL SAVINGS and LOAN ASSOCIAi'ION ~ OF MARTIN COUNTY ~ r,~ r~~~ wos ~na ev: ~ fIRST FEOERAI SAVi!v:5 ~.~•t: : r1~K _/1S~?CIATIO~I Gt hL~;:? ~ : i e n ~ 1'ias':~+~ni~ i-cvurni n~pnw~y, ;,:uan, rw. ~~l~Tl~ i~ ~ - ~ THIS \10RTCAGE 1\UE\TITRE, ex~~~ted tbis . 30th.- Jay of _ ApTil_ . . _ _ - - A.D. 19Z~, _ , by ~ 1 BEAC~i_CLUB COIANY OF STUART, _INC,_t_a_Florida corporation_ ~ i _ " . . . ' . " uf the County of I?fartiq State of Florids. horeunaftec a~lled tbe ?~latgagors, which Mnn as used in every instance ahall include the 1liwtgag~nrs' hei~s, exccuton. adminis~atax. wccesw~s. kSal reprc,tei?tatives and assigns, either volw~tary by act oE the pa?ties, or involuntary by operation of 4w and shall deaote the singular and (or) ptural, and the mascriliae and (or) femii?ine and natural su~d (ar) attificial pc~sw~s. ~~hencwer and wberever the context so requira or admits. parties of the fust put, and the FIRST FEDERAL SA\'II~CS AND LOAN ASSOCIATION OF MARTIN COUNIY, of Stuart, Fbrida, a j cvrporatan e~acti~g undrr the laws of the U~uted States of America, hereu~after c~11ed the Associati«i. which term as u~d u? ! ~~~rrv instancc shall include the Assoaation's soccessors, kgal re~zr~c"tativGt and assigns, PartY of the second pait. N'11TESSETH: T6at for divas good and valwble oonsidcrations, and aiso in consideratioa oi ihe aggregate sum ~ ,»oue~• named fn the promissory note of even date herewitb, 2~ereinafter described, the Mcutgagozs do gtant, bargain. sell, alien. ~ emise, release, ca~wr}• and eonfirm unto the Association, in fee simple the following described real estate, of which the mortgagors .a-r no~v seized and posses.ud and in actual posscssion, situate in the County Q(~, Stste oE FMrida, to-wit: a . cie All of Government Lots 1 and 2, Section 11, Township 3? South, Range 41 East, EXCEPT the lands formerly conveyed to W. I. Allen and a strip of land containing 15 acres adjoining the V~'. I. Allen land on the South line from the Indian River on the West to the Atlantic Ocean on t.he East, and far enough South to make the South line of this 15 acre tract parallel to the North line, the lands hereby described containing 19. 6? acres; ALSO the North 14. 08 acres of Govern- n~ent Lots 3 and 4, Section 11, Township 3? South, Range 41 East, and running from the Indian River on the West to the Atlantic Ocean on the East, and so far South from the North line of said I~ts 3 and 4 to make or contain 14. 08 acres of land; less and egcept all of the Southern 350 feet (as measured along State Road A-1-A) of the above-described property lying Easterly of said State Road A-1-A to the Atlantic Ocean. the whole of the preceding described property being n~ore particularly described in E~chibit "A" which is attached hereto and made a part hereof, LESS the following described parcel: Start at the intersection of the westerly right-of-way of State ftoad A-1-A and the South line of the North 360. 80 feet of Government Lot 4, Section 11, 'I'ownship 3? 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 4??. 2 feet for the point of be~g; ~ thence continue to run North 23°49'31" West a distance of 108 feet; thence run South 66 10'29" ~ V4'est a distance of 117 feet; thence South 23°49'31" East a distance of 98 feet; thence by curve ~ to the left, run along the arc, through a central angle of 90°, a distance of 15. ?1 feet; thence ~ run North 66° 12' 29" East a distance of 10? feet to the point of beginning, being a parcel of 1~~ndlying and situate in Government Lot 1, Section 11, Township 37 South, Range 41 East, St. Lu cie County, Florida. It is intended that fiis mortgage will have equal status with that certain mortgage between the ~ame parties dated December 15, 1970 and recorded December 16, 1970 in O. R. Book 188, Fage 2811, St. Iucie County, Florida, public records, AND that certain mortgage between the ~ame parties dated January 22, 1971 and recorded January 26, 1971 in O. R. Book 189, page ~Z-~ 1 S, St. Iucie County, Florida, public records. . F ~ ~ 'I'OGETHER wzth all s•.ructures and impro~~emrnts nc+~+~ and herrafter on said land and the fixtures attached thereto, and ~ all rents, issues,p~s and profits aoauinng and to aocnie from said premises. all of which are included within the foregoing description and th habendum hereof; also all gas, steam, and electric water and other heating, eooking, refrigerat~g, lighting, plumbing, ventilat:ng. irrigating, and power rystem, macfiines, appliances, fiutures and appurtenanoes, which are now ar may ~ her~fter pertain to or be used wit}~ in a on said premises, even though they be detacbed ~ detachabk, all of which it is hereby ~ .~~reed are or when instaIIed shalt beoomc a part of said ral estate; and, if the above described prop~ty is now or s6a11 bere- I after be used for comme~rial purposes. tben tbe furniture and fumishings and any replacements thereof which may be owned ' b~~ the ~fortgagors and whicb u~ nm~v or may hereafter be lorated upon the above described property. ~ TO HA~'E A\D TO HOLD the same, togetber with the tenements, hereditaments and appurtenances, unto the Associ- ;.tion, in fee simple. Md the \lortgagors do ~ covenant with tbe Association that the.w are indefeasibly seized of said land in fee umpk; ~ th.~t the~• ha~•e ful) pow•er and la.vfu right to convey said land in fee simple as aforesaid; that it shall be law6J for the Association W~~~ ~ f T , - - _ - , ~ ~ ~ _ ~ ~~a~`~-~~