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HomeMy WebLinkAbout1348 . 1 VL/V ~ . y.i .R ? ~ a • ~ . ! ~ FIRST FEDERAL SAVINGS AND LOAN ~ ASSOCIATlON OF MARTIN COUNTY i MORTGAGE DEED ' ~ ~ ? TH1S AfORTGAGE IADE~TURE, eXe~~.~e~l ~h~s__26th-- ~lay of_ -------March. . - - - - ~.D. 19 ?4. bY ~ .___G,.A, __CONSTRUCTION CONiPANY,. INC._, a Florida_corporation___ _ _ ~ - - - - . - - - ~ ~~f the County of Martin, State of Flarida, hereinaher called the ?liortgagors, which tenm as used in every instance shall include ~ the rturtgagors heirs. e~cocutors, adutinistraM~rs, sucoessncs. legal repTe~tatives and assigns, either voluntary by ad of the ~ parties. or involuntary by operation of 1aw and shall deaote the singular and (or) ptural, and the masculine and (~r) ~ feminine and natural and (a~r) artificial persous, whenever and where.wer the context so requires oc admits, padies of the first part, and the FIRST FEDERAL SAVINGS AND LOAN ASSUCUTION OF MARTIN COUNTY, oE Stuar~. Fiaaids?. a corporation eristing under the luws of the U~uted States of Americ~a, hereinafter called the Association. which t~m as "sed "1 ~•.•erv instance shall include the Assodation's successors, legal representativcs aad assigns, party of tbe second p~*t. ~VITNESSETH: That for divets good and valuable oonsiderations, aad aLqo in aoasideratioa of the aggregate sum of ~~~ouey named in the promissory note of even date herewith, hereinaker desc~ibed, the Mortgagors do gzant, bar8sin. seA al~O, remise, release, convey and rnnfirm unto the Association, in fee simple the following described real estate, ~ which the mo~tgagacs ;~rc now seiu~d und possessed aud in actual possession, situate in the County of ~ State of FYorida, to-wit: St. Lucie ~ Apartment No. 203, of BEACH CLUB COLONY CONDOMIlVIUM APARTMENTS, ~ CONDOMINIiTM BUII..DING "B", A CONDOI~IIIIVIUM, according to the Declaration ; of Condominium thereof, dated Februarq 6,1974 and recorded 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 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 everrt of default under this _ mortgage. . , , R~~~' L~ p ~ ~ ; I A-T~ AR ~ y+sl A~~-_ ~ b ° D ~~V Er?~~ ' t~ - ~i 4 ~ ` d ~ ~AYMF~ ! ~7 i oY ~ uEpt, i . ~ ~ P1lvrv•. : ,a ~ ~ - Pg ~?7.'4~ . • ~~s ~~~-~131. AC~s 4 l~I~.~~~ t = r~~c2 pU~lW~ ~ ~Rfp pttltl~Q . c' " {,~pURT. SI. LtlGiE ~ i i l . ~ ~ ~ This Instnxrw_nt Y/os Pr~cr2d ~Y: ~ FIRST FEDERNL SAViNr'.a5 AhtD LOAid /1S50CiATION 0= Mf.RTfN CO~~NTY 9 South Federyl NiQfi+rcY. Stuo~t, ffa. ~ ~ _ ~ ~ ~ ~ - ~ ~~~a ~ ~ ~ - _ ~ TOGETHER with all struMures and improvements now and hereafter on said land and the fixha+es atiacbed thereio, and ~ :~ll rents, issues, and profib aocruiag and to aocrue ~m said Pc~emises, all of which are included within the fore8oin$ ; description and e habendum hereof; also all gas, steam, and electric water and other heating, oool~g, r~ni$ecavn$, li$t?tm$. t ~ plnmbing, ventilating, urigating, and power system, machines, appliances. fiztures and appurteaances, which are now or may i ~ hereafter pertain to or be usecl with, in or an said premises, even though they be detached or detachable, aII of wbich it is hereby ; ~ al;reed are or when installed shall become a part of said real estate; and, if ihe above d~~ p~p~Y ~s no~? or shan here- ` ~ after be used far commercial purposes, then the furniture and fumishings and aay replaoements the~f whic~ may be owned ; ~ by the ~iortgagors and which are now or may hereafter be located upon the above desc~ibed propercy. ~ TO HAVE A1~D TO HOLD the same, together with the tenements, hereditaments and app~tenances, unto the Associ- ~ ~ ation, in fee simple. ~ " Md the Mortgagon do herreLy covenant with the Association that they are indefeasibly seized ~ said land in fee simple; ~ thut they have full power and lawful right to convey said land in fee simple as aforesaid; that it shall be Iawfid for the As9ociatioo ~ ~ eoo~ 225 ~ 134fi ~ - , _ _ , ' p _ ;y a a ~;z~.< ~ ~ ~ . _ . - - _ ~ ~ __-+v.,~"~~,Y -