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HomeMy WebLinkAbout2550 i~' 24'7514 FIRST FEDERAL SAVINGS and LOAN ASSOCIATION OF MARTlN COUNTY MORTGAGE DEED THIS \IORTGACL•' I\UE\TI~RE, exec~~ted chis ..?th__. day of ._.__February _ A.D. 19 ?3., by BOB D. PICKFORD and CHARLENE PICKFORD, his wife uE the County of I~futin, State of Florida, hereinafter called the !ltortgagors, which term as used in every instance shall include the I~iurigagors heirs, exocutors, admicristrators, successozs, legal representatives and assigns, either voluntary by aM of the parties, or invaluntary by operation oE law and shall denote the singular and (or) plural, and the masculine and (o~) [eminine and natural and (or) artificial perso~~s, whenever and wherever the context so requires or admits, parties of the first pact, and the FIRST FEDERAL SA~7I~GS AND LOAN ASSOCIATION OF I?iART1N COUNTY, of Stuart, Florida, a co?poration existing undrr the laws of the Uiuted States of America, hereinafter called the Association, which term as tued in r~•erv instance shall include the Association's succc~ssors, legal representatives und assigns, patty of ihe second part. WITI`ESSETH: That fur divers good and valuable considerations, and aLco in coiuideration of the aggrEgate sum of inone~• i~lmed in the promissory note of even date herewith, hereinafter descxibed, the Mortgagors do grant, bargaiq sell, alien, remise, release, convey and confirm unto the Association, in fee simple the following described real estate~ of which the mortgagors :~rc no~~ seized and possessed and in artual possession~ situate in the County of IA~, State of Florida, tawih St. Lucie Unit 14, Tract 2, according to the AMENDED PLOT PLAN OF VILLA DEL SOLt a condominium as recorded in Condominium Book 1, at pages 6 through 10, St. Lucie County, Florida, public records. The failure of the mortgagor herein to comply with and abide by, and to pay all the assessments required of said mortgagor when due, pursuant to the Declaration of Condominium of Villa Del Sol, as aforedescribed, and on exhibit attached thereto, shall constitute an event of default under this mortgage. , ; ~ ~ ~ ST~ E oF LORiDA ~ ~ ~ ~~tAMP TA_~.I OOCUMENIARY - ~ ~ - DEPt.~11ER EKt1E ` ~ ~ - _ ~~~-i•r _ 2 2 01 ~ ~t~ox ~ ° _ Ps. ~ ~ , ~ a ~ ~ a ~ . z ~ ~ . D {N PAYMENT OF 1lN~! ~ This Inst~ ume~t ~vas Prepare~t ~ ' OIIE ON CIASS `C' INTAN6181E PE4S0lLiL YfiO~ERiV. r F'rr=, E C=:r~ i Sn~~;NGc nti~~ i n,th PURSUANT TO CWIPTER 71•134. ACTS Of 1811- ~ r.~:;^. ;:.~iCr: Of :;qHTi;~ r,,;~rv1ti~ kOGER PO~1RAs ~ 95y ~u~t ~ Fe~era~ Hiy,i~.vay, ~tu~rt, fl~. CI~~ ppppj, ST. LUCIE 00.. FU~ ~ ' c '~u- ~ ~ j ~ S ~ i r; TOGETHER with all structures and 'unpruvemeuts now and hereafter on said land :u~d the firtures attached thereto, and i'~ all rents~ issues, proceeds and profits aa~uing and to accrue from said premises, all of which are included within the foregoing a`~ description and the habendum hereof; also all gas, steam, and electric water and other heating, oooking, refirigerating, lighting, plumbing, ventilating, irrigating, and power system, machines, appliances, fiztures and appurtenances, which are now or may hereafter pertain to or be used with, in or on said premises, even tbough they be detached or detachabk, all of which it is hereby agreed are or when installed shall beoome a part of said real estate; and, if the above described property is now or shall here- after be used for commercial purposes, then the fumiture and fumishings and any replacements t6ereof which may be owned ' bv the ~tortgagors and ~vhich are now or may hereafter be located upon ihe above described property. =~Z 4~ TO HAVE A:~D TO HOLD the same, together with the tenements, hereditaments aad appurtenances, unto the Associ- - ation, in fee simple. h~ Md the htortgagors do hereb covenant with the Association that they are indefeasibly seized of said land in fee simple; t-:s th:~t they have full po~ver and ]aw~fu right to convey said land in fee simple as aforesaid; that it sh~ll be lawf~d for the Association ~ eoo~ 2Z0 25~7 ~ , _ -