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t:.~U~~l ~f~N 13th day oj May A. 1~. t974 by
PATRICK B. LALLY and JUDITH A. LALLY, his wife,
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( hereinaj~er cafle~f Ii~e mo?tpagor, to
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SUN BANK OF .ST. LUCIE COUNTY
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hereinn~ter call~cl tl~e murlgager:
I (N'Aemer ~ued I~ercin the terms "mwtsa~.or ' aad "monRasee" include all ~6e puties to tbis iasWmt~t aad the ?ein.
I leta! re{xesenuti~rs and as+iRas o( iadi~iduab. and tAe wccess~a and miRm ot corpwatiom: aad t6e tere "wte"
includes all tAe nutes 6ereir dnrnbed i( more t6an oae.)
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~~tn~e~~ lhat (or flood and valua6le consideratior~, and also in coresideralion oJ the aggre-
gate sum named in Ihe promissory note oj even dale herewilh, hereinajte~ descri6ed. !he rnorlgagor here-
I by grants, bar~ains, seUs, a~iens, remises, rnnveys and con~i?ms unto the mortgagee a~~ the ce?tain ~and
I o( wh~~h f{~e mortgagor is now seize~ and in possession siluate in St . Lueie ~.'ounty.
Floricla, niz:
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4~ From the Northwest corner of Lot l, MARAVILLA SUBDIVISION, as
~ recorded in Plat Book 7, page 31, public records of St. Lucie
I County, Florida, run East along the North line of said Lot 1 a
~ distance of 155.00 feet to the point of beginning of the land
~ herein described:
! From said point of beginning continue East along the North line
of Lot 1 a distance of 195.00 feet; thence run South 65.20 feet;
thence run West 195.00 feet; thence run North 65.20 feet to the
li North line of Lot 1 and the point of beginning; said land com-
prising the property upon which the 3niet riouse~~ondominiu~ns
Recreational Area is situated.
SUBJECT TO those certain long term leases and amendments
thereto from Inlet House Condominium Management Corporation,
; now Atlantic Condominiums Management Corporation, as Lessor,
i to Inlet House Condominium Apartments, Inc., as Lessee, dated
~ ; and recorded respectively as follows: February 26, 1970,
~ ~ O.R. Book 183, page 424; February 16, 1971, O.R. Book 190,
page 911; February 16, 1971, O.R. Book 190, page 997; and
;i January 28, 1972, recorded in O.R. Book 199, page 602;
I1 TOGETHER WITH the rents, issues, profits, revenues, royalties,
right's and benefits, as they shall become due, which shall be
collectible by the mortgagee in the event of a default in the
:i payment of the indebtedness secured hereby.
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$67.50 State Documentary Stamps
~j affixed to original note and cancelled '
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C-~~ IN PAIf#~ItM OF TAXES
REf~IVED
DUE ON CLASS'C' INTIUiGIBLE PERSU!:~L P~OPE~iY,
' PURSUANT TO CwP`FQ 71-133. ACiS OF lwl. ts?~ /
R06ER POITRAS ~ ~
i~ ClFfif( CIRWIT OOURT. S(. Wf:IE CO., flA. ~
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TH'S INSTRUMENT PREPARED B1L: -
Frz::k H. Fee, III, Esquire, of
' Fee, Pa•ker & Fee~ P. A.
' Frst Federal Building
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f~u~ Pi~rr,e, florida ~34~ `~7 eacE18~6
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