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Home My WebLink About0856 ~ } . 32~428~ - ~ . FiRST FEDERAL SAVINGS AND l.OAN ~ ASSOCIAT!ON OF MARTIN COUNTY ~ - . . ~ MORTGAGE DEED ~ ~ , . , 2~ Februar ~.D. 19 76... bY THIS ~fORTGACh IKUE11'URE. executecl this . .._:_day of - . . -3~. - _--.--RICHARD J~ .LARSON_and DOROT.~iY._~._..~A~S~.~,.__~.~~~.----~--~-----------------------._.__. - biil~--- Qliio.__.__----.----- _ uf the C:ouutv of ~l~State af hereinafter callod thc !liortgagors. which term as used in e.wery instanca shalj in~: ;s the 111urtgagors heirs. e~ceculors, administrntors, suocessors, legal representatives and assigns, either voluntary by aM of tbe ~ par~~ or involuntary by operatioa oE 1aw and shall deaote the singular and (or) plural, and tbe mASC~iline arad (aar) fe:aiuine arxi natural and (or) artificial peisous, whenever and wherever the context so requires or ac~aits. pazties of ibe first part,_and the FIRST FEDERAL SAVINGS AND IAAN ASSOCL'1TION OF bfART1N COUNTY, of Stuart„ F~orida, a corPoration e:isting undrr the laws of the Uniteci 5tates of America. hereinafter called the Association, wl~idi te~a~ as !ued in - crerv instance shall include the Association's successors. legal rePresentatives and assigas, party of the second pait. ~VITNESSETH: ThaE for divers good and valuablo oonsidcrations, aud a19o in oonsiderati~ of_ the aggregate sum ~ ~~zQS~ey ~amrd in the promissory note of even date herewitb. hereinafter describcd, the Moitgagors do g,~ant, bargain~ seU, aliea, . remise, release, convey and confirm unto ihe Association, in fee simple the follo d bed real estate, of which the mortgagaa~s arc no~~ seiTxd and possessed and in actual pos~ssion, situate in the Couaty of 1~~tate of Florida~ to-wit: : St. Lucie ~ ~;;,;e~ ~ : ~ k~'i~~ ~5aa-,~~-~o~ob- ~ Lot 414, Section II, in that certain Ccmdominium known as OT3~TPOOR RESORTS OF AMERICA AT NETTLES ISLAND, according to the plat . thereof recorded in Plat Book 16, pages 1, lA through 1J, and Declaration of CondominiuYn recorded in Official Recorde Book 186, page 2720, and amendment thereto recorded in Official Records Book 191, page 1877, said amendment re-recorded it~ Official Records Book _ 192, page .82Q, all of the public record~ of St. Lucie ~County, Florida. 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 Outdoor Resorts of ~ ; America at Nettles Island, as aforedescribed, and on exhibit attached ' thereto, shall constitute an event of default under this mortgage. I . - ~ . - ! f ~ .~s=,- - ~ r.`.-~ ~ ~4 ~t ~ ~ - .u. _ _ . . C` ~ ~ r~r~~~ ~ ~ ie~i. ~ STAT E oF F LO R 1 D A~ wr~~ ~ 70CUMENTARY~~,ST~iMY TA x ~ - DI~~a~py~p 71'1~~ ~ c-• DEP7.OF REVEMUE~'' , ' ~ ~Q RI~ . r Ir. z ~ _ - : ~g ~r~~6 : o s. o o ~ ~ ~ ~ ~ PB. ~ ~ o - tlN2 . - - •-=r . Thh Instrument Wos '~~rc'= R+. ^ ~ ~ pv FIRST FED~P.AL S:.v s • : :_1 _ ~ ~ ' \1`~ ~ • /\SSOClATiO!'~! O!= ~r.~." ~ ' Y - _ _ _ _ _ _9$9_-$OYth fEd~ral Higiiwuy, Stu:,rt, Fio. Terri L. Fiurley(~10005734 ~ - . _ _ _ ~ 1~OGETHER with all struMures and improvements now and hereafter on said land wd the f~tures attached thereto, and ~ all rents issues.~ and profits aoc~ii~g and- Eo ~aaxue from 'sa~ -~~ises,-ull ~ of whic~r ~ fincluded wltbin~he faregoing description and :l~ndum hereof; aLso all gas, steam, and electric water and other heating, oooldn~ refrigezating, lighting, plumbing, ventilating, irrigating, and power system, machines, appliances, fixtures and appurtenances, ~vhich are now or may hereafter pertain to or be used with, in ar on said premies, even tbough ~ be detached or detachabk, aIl of which it is hereby ~ agc+eed are or when installed shall become a pazt of said reai estate; and,-' th~ above described property is now or s6all he~e- ~ after be used far oommercial purposes, then the furniture and furnishings and aay replacemeAts thereof which may be owned by the Atortgagors and which are now or may hereafter be loc~ted upon the above described property. TO HA~'E A:~D TO HOLD the same, together with the tenements, hereditaments and appurtenances, unto the Assuci- ation, ia fee sunple. And the Mortgagon do hereby covenant with the Association that they are indefeasibly seized of said ]and ia fee simple, that they have full powe: and lawful right to convey said land in fee simple 3s aforesaid; ihat it shall be Lawfid for the Association ~ ~ ~49 85~ - A-309 8175 ~ ~ w ~~w: ~~-4 i. ~ ..w - . ~ ' " . " _ _ " _ ' . r. _ - . . 4~~~ ~=.s,b<,ey~~` . - ~~~~1'~'~~~ 4 . ~ - m _ . -R.. - ~ W