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FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF MARTIN COUNTY
MORTGAGE DEED
16th September ~ 75
T~iIS ~IORTGACE l1~DE1~TURE. executecl this .day of...--------- - A.D. 19 bY
~EVIS KAVANAGH, a single woman
uf the County of Martin, State of F~o~Fda, he~a4ftec callad the I~iortgagots, which terni as used ineve~y iastanoe shall include
the I~iortgagors heirs. eze~cutors. administraM~s. .suoc~ssocs, 1e8a1 representatives and assigns, either voluntary by act of the
parties, or invotontary by operaHaa of Lw aad shaII dmot~e the siagular and (or) plural, and the mesailine and (or)
feminine and natural and (ac) artificial ~etso~u, w~v~ aad wLe~ver the conte:t so requires o~ admits, partiea of the
f;ist p~art, and the FIRST FEDERAL SAVINCS AND LOAN ASSOCIATION OF MARTIN COUNTY, af Stuart, Fforida. a
corporatioa e~os`ng undrr the laws of the Unitod States of America, hereiuafter caUed the Associatiao, which term as used in -
c.•ery instance shall iaclude the AssoaaHaa's suocessois. legal rep~esentative,t and assigns, paty of ihe aecond part.
WITNESSE1~i: Tbat for divas good aad valuab~e oo~sideratioos, and also in oonsiderati~ of the aggregate sum of
»~oney named ia tl~e promissory noce of even date herewith, hereinaker descxibed, the Mortgagors do g~rant, bugaiq seli~ s~liea,
remise, release, oonvey and oonfirm uato the Associatioa, in foe simple the folbwing described real estate, of which the mortgago:s
:~rc now seized and p~cd and in actual pussession, situate in the County o~~ S~ate of Florida, to-wtt:
. ucie
Lot No. 593, Section II, in that certain Condominium known as OUTDOOR,
RESORTS OF AMERICA AT NETTLES ISIjAND, ae shown by the Plat
recorded in the Office of the Clerk of the Circv~ Court in and for St. Lucie ~
Countiy, Florida, in Plat Book 16, page l, lA through 1 J~ +
7he failure of the mortgagor herei.n 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 Outdoor Resorts of America At Nettles
Island, as aforedescribed, . and on exhi.bit attached thereto, shall constitute
an event of default under tlus mortgage. -
~ ' C~ r n~rr aF ~r
. . . . . . . . . . . . . . . . . . . . ~ ~ ~'r M~NIRE ~'!IIlOp~l ~~OPEltly,
' ~11~ TO p111~ r+-134. M,TS OF 191~
~ STATE ~F ~'LJR{DA f "0f~ ~°'T'K~ ~
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DOCUMENIARY- , STAMP TAX ~
~ D'e?T. Of REYEtiIUE ~
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~ This Instrument Wos Prepared $y:
FIRST FEDERAL SAVlNGS AND LOAN
~ • h5SOC1/1TION OF MARTIN CAUNTY
South Federol Hyi
nway, Stuort, Fla.
° c~A A~ ~ ~/dQ~oo~
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~ • TOG~'THER with all structures aad improvemen~s now and hereafter on said land and the f~ha+es auached thereto, and
g isc
~ all rents, issues, and proEi~ $asuia and to aanie fmm said p~+emises, aIl Df wbich a~oe_include~ v~dthiu. th~ -for~SO1D8
` description and habendum hereof; also all gas, steam, and electric water and other heating~ oooking. re6igerating, 1i8~8• .
s plumbing, veatilating, irrigating, aad power system, machines~ appliances, fixtnres and appurteaanoes, which are now or may
= hereafter pertain to or be used witb, in or o~ said prennises, even though ~ be detached or detacbable, all of which it is he:+ehy
3 agrecd are or wben ina~lled shall beoome a part of said real estate; and, ' the abuve_descxibed_ pmpaty is now or shall ha+e-
~ after be used for oommez+cial purposes, then the fttmiture and fumishings and any replaoemeats tl~+eof which may be awned
5 by the !~fortgagors and which ace now or may hereafter be ~cated upon the above desc~ibed pcapexty.
~ TO HA~'E MD TO HOLD tba same, togetbec with the tenements~ hereditaments aad agp~utenances, unto the Associ-
ation, in fee simple.
~ Md ihe Mortgagon do h~? covenant with the Association that tbey are iudefeaub}y seized of said ]and in fee simple;
~ that they have full power sind la right to oonvey said ]and in fee simple as aforesaid; that it sball be lawful for the Assocaation
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