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FtRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF MARTIN COUNTY
MORTGAGE DEED
1'H1S ~IOR•rc~c:L•' 1\1)E\TURE, ex~rutcnl tl?is . 19th d:~~' of February q.u. i~74 , by
HERMAN L. TILLMAN and SUSAN S. TILLNLAN, his wife,
~~f ttie Cuunty of il;utin, State of Florida~ hereinafter called the ~loztgagors, u~l~ich tenn as use~d in even• :~~stance shall include
thr. rlortgagors' heirs, exccuton, administrators, successors, legal representatives and assig~u, either voluntary by act of the
}~arties, or involuntary by_'operatiun of laav and shall denote the singul;?r ai~d (or) plur:?l, and the inasculine and (or)
teminine and natural aud (or) artificial persoi?s, ~~•heiiever and .vherever the context so mquires or admits, parties vf tl~e
tirst part, and d~e FIRST FEDERAL SAVII\GS AND LOAiV ASSOCIATION OF ~IARTIN COUN1'I, of Stuart, Florici:?, a
cvr~oration eaisting w~drr the lsws of the Unitecl States of Amcrica, hereinafter called the Assacivtiun, which term as used in
~•~~erv instance shall include the Association's successors, legal representatives and assigns, party of the second part.
~1'1TI~~SSETH: That fur ciivets good and valuable considcrations, and also in consideration of the aggregate sum of
~~~oue~• uameci in the presmissory note of even date herewith, hereinafter described, the Mortgagors do grant, bargain, sell, alien,
rrmise, release, conve~• and confirm unto the Association, in fee simplc the follouting desrribed rea) estate, of which the mortgagors
no«• scized and jiossessed and in :ictual possession, situate in thc Count~• of State of Florida, ta~vit;
'St. Lucie
Apartmen~ 101, of BEACH CLUB COLONY CONDOMII~TIUM APARTMENTS,
CONDOMINiUM BUiLDING "B", A CONDOMINN3VI, according to the Declaration
of Condominium thereof. dated February 6, ,1974 and recaraed February 11, 1974
in Official Records Book 223, page 2335, et seq, St. Lucie County, Florida,
public records.
The failure of the mortgagor herein to comply with and abide by, and to pay all
tY~e assessments required of said mortgagor when due, pursuant to the Declaration
of Condominium of Beach Club Colony Condominium Apartments. Condominium
Building "B", as recorded in the public records of St. Lucie County, Florida, as
` aforedescribed, and on exhibit attached thereto. shall constitute an event of defau2t~
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E under this mortgage.
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' ~i ~ This ln5trument W~5 ?re
~ 3 0 ~ p~.ee By:
FIRST FEDERA~ SAVI~GS AND IOnN
` ASSOCIATION OF MARTIN COUN'fY
989 Sourh Federo~, High~oY, Stuort, Fla.
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'TOGETHEN w~th all structurt~s and impru~•e?nents now and hereafter on said Iand and the fixtures attached thereto, and
. :~Il rents, issues, proceeds and profits aceruing and to accrue from said premises, all of «•hich are included within the foregoing
descripiion and the habe~zdum hereof; a]so all gas, steam, and clectric ~~•ater and other heating, cooking, refrigerating, I;ght;ng,
plumbing, ventilating, irrigating, and power system, machines, appliances, fixtures and appurtenances, ~vhich aze no~v or may
hereafter pertain to or be used with, in or on said premises, even though they be detached or detachable, all of which it is hereby
:igreed are or ~vhen instaUed sha1Z become a part oE said real estate; and, if the above descrit~ed property is naw or sha11 here-
:ifter be used for commereial purposes, then the fumiture and fumishings and any replacements thereof ~vhich may be owned
bv the \iortgagors and which are nmv or may hereafter be located upon the above describeci property.
TO HAl'E A\D TO HOLD the same, together w~th the tenements~ hereditaments a~id appurtenances, unto the Associ-
ation, in fee simple.
And the ~tortgagors do hereby covenant with the Association that they are indefeasibly seized of said land in fee simple;
that thcy have iull po~ver and 1aw~ful right to convey said land in fee simple as afores:?id; that it shall be la~vhd for the Association
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