HomeMy WebLinkAbout1794 21'7~'79
FIRST FEDERAL SAVINGS and LOAN ASSOCIATION ~
OF MARTIN COUNTY ~
MORTGAGE DEED
THIS ~IOH"fCACE 1\DE\TL'RE, ex~Y•~.~~-J tLis ?th aav of _ October _ A.D. 19 ?1_, by
Richard K. Ault and Jacqueline B. Ault, his wife ~
_ _ I
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~~E the Cuuntv of :~l:utu~, State of Flarida, hereinaEter called the ~iortgagors, which term us usecl in everv instance shall include
the Aturtgagors heirs, exc~cuturs, admicustrators, successors, legal representatives and assigns, either voluntary by act of the
}r.?rties, or involunt:uy by operation oE law and shall devote the singulaz a~id (or) plural, and the masculine and (or)
f~minine and natural and (or) :utifieial persous, «•1?euevrr and wherever the cv~ntext so requires or acimits, parties of d~e
tirst put. and the F1RST FEllERAL SA~'IhGS AND LOM ASSOCIATION OF :~fART1N COUNT'Y, of Stuart, Florida, ~
c~urporation existiug undrr thr laws of the Unitecl States of America, hereinafter called the Association, which term as used in
~•~~en~ instance shall ~~~clude the Association's succc~ssors, legal mpresentatives and assigns, party of lhe second part.
~t'1T1~ESSETH: That fur ciivers good and valuable considrrations, and alw in considerati~ of the aggr~gate sum af
uzoue~~ uameci in the promissory• note of even date herewith, hereinafter described, the Mortgagors do grant, bargain, sell, alien,
~~~misr, release, convev and cc~nfinn unto the Association, in fee simple the fullo~~•ing described real estate, of which the mortgagors
.,rc no~~• seizecl and possessed auei in actual pussession, situate in the County of ~iartin, State of Florida, to-wit;
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The East 48. 65 feet of Lot 29 of BEACH CLUB COIANY, SECTION ONE, Plat
~ Book 16, page 11 of St. Lucie County, Florida, public records.
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"TOCETH~K H•ith al( strurtures and "un~~r~~e~nrnts nuw and hereaftr.r on said land and the fixtures attached thertto, and
_ .~ll rents, issues, pruc~~ecls and profits accru'u~g and tu acrnse from said premiscs, all of v~•hich are included within the foregoing
drscription and the habe~~J~m hereof; also all gas, steain, ~nd electric ~~~ater and other heating, oooking, refrigerating, lighting, ~
~ F~lumbing, ~-entilating, irrigating, and puwer syscem, machines, ap~~liances, fixtures and appurtenances, which am now or may
hercafter pcrtain to or be used K7~~1, in or on said premises, even though they be detached or detachable, all of which it is hereby
- ;~~recY~ are or ~~•hen installed shal! become a part of said real estate; and, if the above desrribed pro~tv is now or shall here- ~I
.~fter l~ ~4~rd for cummercial purposes, then the furniture and fumishings and anv replacements thereof which mav be ovvr?ed ~
- ln thf• ~furtga~;ors and ~ti~liich ure now or may hereaftcr be located upon the above desrribed psopcrty.
TO HA~'E :1\U TO HOLD the same, together ~+~i[h the tencments, hereditaments and appurtenances, unto the Associ-
_ ..tiur~, in fee simplr.
And the ltortgagur. d~ herebv co~•enant with the ~ssociatiun that they are indefe:uibiy seized of said Iand in fee simpk;
th.~t the~~ ha~~P (ull ~~•+~er .~nd laHful right to convey sa~d land in fee simple as aforesaid; that it shall be Iawfid for the Association
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- ~ ~~R~1y6 P~~E1793
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