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HomeMy WebLinkAbout1580 ~i 2: U99'7 ~ ~ FIRST FEDERAL SAVINGS and LOAN ASSOCIATION OF MARTIN COUNTY MORTGAGE DEED THIS \IORTGACE I1~DErTtJRE. execu~ed eh~s..23rd__~ay of....._March_.---_--------------__...- A.D. 19 73_.., by HERMAN L, TILLMAN and SUSAN _S. TILLMA?N,__his wife________________ _ of the Countv of Martiq State of I~lacida, hereinafter called the Mortgagors, which term as used in every instanco shall include the bi~tg,agori beirs, executors, administrators, successora. 1ega1 rep~esentatives and assigns. elther voluntary by act oE the parties, or involuatary by operatioa of law and ahall deuote the singular aad (or) ptural, and d~e masctiline and (oc) feminine and natunil and (ac) artificial peiso~~s, whenever and whe:ever the oontert so requires or admits~ parties of the first put, and the FIRST FEDEAAL SAVINGS AND LOAN ASSOCIATION OF MARTIN COUNTY, of Stuart, Flatida, a corporation e:isWg under the laws of the United States of America, hereinafter called the Associatiaq which term aa used in every instance shall iaclude the Auociati~'s successo~s, legul representacives and assigos, party of the second pazt. ~VITNESSETH: Tbat for divers good and valuable ooosideratioas, and aLso in oonsideratioa of the aggregate sum of money named in the promissory note of even date herewith, hereinaker described, the Moitgagors do grant, burgaiq sel~ aliea. ,-emise, release, convey and confirm unto the Association, in fee simple the following described real estate~ of which the moitgagors are now seized and possessed and in actual possession, situate in the Co~u?ty of ~ S~te of Flomla, to-wit; ucie Apartment 101, of BEACH CLUB COLONY CONDOMINNM APARTNiENTS, CONDOMINIUM BUILDING "A", A CONDOMINIUM, according to the Declaration of Condominium thereof, dated January 26, 1973 and recorded February 23, 1973 in Official Records Book 211, Pages ?98 to 848, both inclusive, 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 Beach Club Colony Condominium Apartments, as aforedescribed, and on exhibit attached thereto, shall constitute an event of default under this mortgage. ~I k ~ ~ g~ryEp IN PAYMEI(T OF TAXES . pUE p,y CU1SS 'C INTANGIBLE PE ~-0;i4L PROPERtY, ~ - pURStlAfli TO CFIAP'f° 71-134. ACTS OF 18I1. ~jl~ R06ER POITRAS G.EIIK CtRWR COUi1T, ST. LtICIE 00„ flA This Inst.ument Was Prepared By: • fiRST fEDERA! SAVINGS AND IOAN ~.SSQCIATION OF MARTIN COUNTY f ao T ~F ORIDA ~ 989 South Federat Highway, Stuart, F~. ~U EN AitY TAMP tAx; DEPT.Oi REYENUE ~ ; ' gr: DU/ S ~ L~ ~F_.ei2//4~ o ; u~R -2'~3 ~s, ~ ~ ~ a ~35.~01 ~ Q = u i Qt _ ~ ~ TOGETHER with all structures and improvements now and hereafter oa said laud :wd the fixtures attached thereto, and all rents, issues, piuoeeds and profits aarruiag and W aoerue from said Premices, all of whieh are inelucied within tbe foregoing description and the habend~rn hereof; also all gas, steam, and elertric water and othes headng, oooldn& refrigerating, lightmg, pInmbing, ventDating. irrigating, aad power system, machines, appliances, firtnres and appurtenanoes. whlich are now or may }~ereafter pertain to or be used with, in or on said premises, even tbough be deXached or detachable, a11 of wLich it is hereby agreed are or when installed shall beoome a part of said real estate; and~ the above deacxibed prope~ty is now or s6all here- aker be used for couunemial purposes, t2?en the fumicure and furnishings and any replacements thereof which may be owned by the '.1lortgagon and which are now or may bereafter be located upon the above described property. - TO HAYE AND TO HOLD the same, together with the tenements, here~itaments and appurteoances, unto the Aasoei- ation, in fee simple. Md the Mortgagors doher~by cavenant with the Association that they are indefeasib}y seize~ of said land in fee simpb; that they have full power and lawful dght to convey said land in fee simple as aforesaid; that it shall be lawhd for the Assodatioa aooK2~2 ~1580 . X:~ -:r ' _ . ~ ~r. ~,~~.,~,..-rod~. =