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HomeMy WebLinkAbout0877 i ic+~~~ 1 ~ . s FIRST FEDERAL SAVINGS and LOAN ASSOCIATION oF ~RnN couNrr MORTGAGE DEED THIS ~tORTCAGE 1\DE\TIiRE. execu~ecl chis__.~~j~__ day of _..,__LeeeiYic~er A.D. 19 i~ . by HUBERT L. WELIS and HELEN McM. WELLS, hia wife ~~f the (:oanty of hiartiq State of Fl~rida, hereinafter called the !lfortgagors, which term as iued in every instawce shall include the riu~tgagors' heirs, executors, administrata~s, suec.~e.ssora, 1ega1 repr~sentatives and assigns, either voluntary by act of the + parties, or intioluntary by oprration of Iaw and shall deaoce the singular and (or) plural, and the masculine and (a~) feminine and natural and (or) artificial perso~~s, whenever and wherever the context so requires or admits. pazties of the ~ first patt, and the FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MARTIN COUNTY, of Stuact, Fbrida, a corporation existing undrr the laws of the U~uteci States of Ameriea. hereinaft~ c;alled the Associatian, which term ss used in ~~~~ery instance shall include the Association's succ~ors, legal representatives aad assigns, p~ty of the second part. \VITIvESSETH: That for divers good and valuable oansiderations, and also in oonsidecatia~ of the aggregate sum of ~none~• named in the promissory note of ~ven date herewith, hereinafter descxibed, the Mortgagors do grant, bs~rgaiq aeU, aliea, , cmise, release, convey and confirm unto the A.aociation, in fee simple the following described real estate, of which the mottgagors .~rc no~~• seized and possessed anJ in actual pc~ssession, situate in the County of Martin~ State of Florida~ to-wit: All of Lot 39 of BEACH CLUB COLONY, SECTION ONE, Plat Book 16, _ ~ page 11, of St. Lucie County; Florida, Public Records, EXCEPT the West 44. 1? feet. ~ i ~o - t e7 1N PAYMET4T OF TAXES Rf:CffVED 1lITANGIBLf PERSONU P~PERIY. D'JE 0!1 CIASS R~j24. ACis OF 1~~ ~ Pu~sua~ 70 ctia~ ~rcuit Court ~ COG~R POITP.AS~ = as Agent iut DANIEL N. 1tA10WLE~ ~ St lu;h Cout~t)t ta~c Cdtectu[ r ` C ' ~ ~ ~ ~ ~ i y ~ ~ jt,~~ ~~.Sc~,~-.e.,~ w~ P~roe Br• ~ FlRST FfDERA6 5^y~P1G5 Ar1D LOAN ~ ~ /?_SSOCI/1TtON OF NURTlN COUNTY - E ~ ~ ~i9 Swrh Federal Hiflhway, Stuort, Fio. ; a. ~-L : t- - sy_ i ~ f: , ~ ~ - ~ ; ~ ~ ~ ~ - - - TQGET:iER vrzth all strurtures and impruvemeiets now and hereafter on said 3and :?nd the fiztures a~ tbereto, and a :~l! rents, issues, ~OOeeds aad profits aaxuing and to aoerue from said premises, all of which ane mcluded within t~e foregoing description and tbe habendum hereof; also all gas, steam, and electric water and other heatin& ~S~~IIS• ~~°8~ plumbing, ventilating, irrigating, and power system, machines, appliances, fiztures and app~utenances, which are naw or may hereaher pertain to or be used with, in or on said premises, even t6oug6 ~ be detached or detachable, all of wh~h it is hereby a~reed are or when instaDed shall beoome a part af said real estate; and, t}+e-above desrnbed property is now ar s6all here- after be used for commercial purposes, then the furniture aad fumishings and any replaoements thereof which may be owned by the !~tortgagors and which are now or may hereafter be located upon the above deseribed property. . = TO HAVE A:~D TO HOLD the same, together with the tenements, hereditaments and appurtenances, unto the Associ- ~ - .:tiun, in fee simple. And the Mortgagors do hereby covenant with the Association that they are indefeasib}y aeiud of said land 'm fee simpie; ~ - that they have full power and lavvful right to convey said land in fee simple as aforesaid; that it shall be lawftd for the Assoaiation ~ _ ~ # - 800K 198 PAGE 8 t V ~ - - - - _ i _ h s~~.^ . . . . . . . _ . < . , . ~x.._