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FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF MARTIN COUNTY
MORTGAGE DEED
THIS \IORTGAC:G 1\UE\TURE, ex~YUted this 28~?- d:ry oE November ~.D. 19 7.~., by
RALPH COLEMAN and OPAL COLEMAN, his wife
~~f the County of M:~rtin, State of Flarida, hereinafter called thc \tortgagors, which term as used in every instanc~e shall include
ti?e I~lurtgagors heirs, exccutors, administrators, successors, legal representatives and assigns, either voluntary by act of the
parties, or involuntary by operatiai of ]aw and shall denote the singular and (or) plural, and the masculine and (or)
Eeminine and natural a~id (or) artificial perso~~s, ~~•henever and wher~ever the rnntext so requires or admits. parties of the
Eirst part, and the F1RST FEDERAL SAVINGS AND LOAN ASSOCIATION OF 11fARTIN COUNTY, of Stuart, Florida, a
c~rporation eYisting undrr the laws of the Uiiitecl States of America, hereinaker called the Association, which term as used in
~~~~erv instance shall include the Association's successors, legal representatives and assigns, party of the second part.
\~'ITNESSETH: That for divers good and valuable consideratioas, and also in oonsideration of the aggregate sum of
~noney uamed in the promissory note of even date herewith, hereinafter descxibed, the Mortgagors do grant, bargain, sell, alien.
~ c~nise, release, convey and confirm unto the Association, in fee simple the folloH~ing describecl rea1 estate, of which the mortgagors
;~rc no~~• seizecl and possessed aud in actual possc~ssion~ situate in the County of 3~3, State of Florida, to-w-it:
St. Lucie
Lot No. ?79, Section II, in that certain Condominium lrnown as Outdoor Resorts
of America at Nettles Island, as shown bq the plat recorded in the Office of the
Clerk of the Circuit Court in and for St. Lucie County, Florida, in Plat Book 16,
Pages 1, 1A thru iJ.
The failure of the mortgagor herein to comply with and abide by, and to pay all
the assessments required of said mortgagor when due, purauant to the Declaration
of Condominium of Outdoor Resorts of America at Nettles Island, as aforedescribed, _
and on exhibit attached thereto, shall constitute an event of default under this
mortgage.
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; IN ~AIIMEM OF TAl(ES ~
~ OIIE Np C1/186'C INTAM6IBLE rf119DPiAL PRO?ERIU,
~ PUR9UAIR l~p 1~1MTER 71•13~, IIC~ OF~~~' 8
aERK OII~i1[ 001~~ ii MICIE G6"` f1J1`
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c= " D~ °T. KEYEMUf r
j' i~4 'a ~ This Instrument Wcs Prepared By'
~ - =:,£~-~'1y~r i=1 O 6. 3 Q,~ FIRST FED~R.P.L SAViNGS AND LOAN
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~ ' ASSOCIATION OF MARTIN CAUNTY
o ="''~2 ~ 989 South Federol Highway, Stuort, Fla.
. Br Debra A. Sigafoose
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~ TOGETHER with all structures and impruvemenls now and hereafter on said land and the fixtures attached thereto, and
~ :~ll rents, issues, prooeeds and profits aocrui~g and to accrue from said premises, all of which ar~ included witbin the foregoing
~ descxiption and t6e habendum hereof; aLso all gas, steam, and electric water and other heating, oooldng, refrigerating, lighting,
plumbing, ventilating. irrigating, and power system, machines, appliances, fixtures and appurtenances, which are now 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
~ a~reed are or when installed shall beoome a part of said real estate; and, if the above described property is now or shall here-
~ aFter be u.ced for commercial purposes, then the fuinihue and furnishings and any replacements thereof which may be owned
l;y the ~fortgagors and which are now or may hereafter be located upon the above descxibed property. ,
TO HA~'E Ai~D TO HOLD the same, together with the tenements, hereditaments and appurtenances, unto the Associ- F
A stion, in fee simple. `
~ And the Mortgagors do hereby covenant with the Association that they are indefeasibly seized of said land in fee simple; }
~ that they have full power and lawful right to convey said land in fee simple as aforesaid; that it shall be lawfid for the Association ~
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