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TMIS INSTRUMENT ~RErARED ~Y: '
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1W0 S. f~~l HI~bMhr. F~A ~IKC~. 1~1«I~ 31150
C. R. Metf~l~, J..
G.n~nl Cw~~d
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MORTGAG~ . '
~ loan No. -----1~!~6
THE UN~ERSIGNED, _ Robe rt _E PoYse 11 _ and Dorothy_ H__Poyse 1 1~ h i~ w
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of ___Ft. _P3e.r~~ Gouny of Si~ lucls-------------_---. St~» of Florids. ~eroinafter
referred to aa the Mo~tgaQor, does hereby mortgage and wa~rant to CITIZENS FE~ERAL SAVINGS AND
IOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existirp under th~ laws of th~
United States of Ame~ica, hereinafter referrod to as the Mongagee, the following real estate in tfie County
of _ St, _ Luc i e___ the Stats of Florids, to wit:
Apartment 109 of Inlet House Condominium Apartments,
Building 11, a Condominium according to the Declaration
of Condominium dated February 16, 1971, and reco~ded in
official Records Book 190 at pages 929 thru 995 inclusive, of
the Public Records of St. Lucie County, Florida.
Together with all of its appurtenances acco~ding to the
~ Declaration. Subject, however, to all of the provisions
of the Declaration of Condominium; and the party of the
second part assumes and agrees to observe and to perfonn
his obiigatio~s under the Declaration, including but not
limited to the payment of assessments for the maintenance
and operation of the apartment and condominium.
And subJect to ail other reservations and restrictions
of ~ecord, and taxes for the current year.
The mortgagor covenants that it and the association ~
responsible for the operation•of this condominium wiil
observe all of the ppvisions of the Declaration of
Condaninium which is above described, and of the
Condominium Act~ and will perform their obligations
under such Declaration and Act; and a failure to do so
which is not cured within 30 days after ~otice given by
the mortgagee to the mortgagor and the association shall
constitute a default under this mortgage.~ .
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~ Together with all buildings, imp~ovements, fixtures or appurtensnces now or hereafter erected ther~-
~ on or placed therein, including all apparatus, equipment, fixtures or articles, whether in sin~le units or cen-
~ trally controlled, used to supply heat, gas, air conditioning, water, light, powet, rofriyerst+on, venJiliation or
~ other services, and any other thi~g now or hereafter therain or thereon, the furnishin~ of whkh by lessors
to leaseos is customary or appropriate, inctudiny screens, window shades, storm doors end windowt, floor
coverings, acree~ doors, awnings, stoves and water hssters (all of which are intended to bs a~cl are her~by
declared to be a part of said real estate whsther physically attached thereto or not); and also 1~o~ethK with
all easeme~ts ar,d th~ rents, issues and profits of said premises which aro hereby pledgsd, atsi~nn~d, frans-
fe~rsd and set over unto the Mortgagee, whether now due or hereafter to b~coms due as providad in the
~ Supalemental Agretment secured hereby. The Mortgagee is hereby subrogated !o th~ ri9hK of all rtwrt-
gagees, I~enhoiders end owners paid off by the proceeds of the loan hereby sawred.
aooK195 ~281? -
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