HomeMy WebLinkAbout1395 4~3OStt38 ,
7•IIIS \1OR'f.~:f\GE UF.EI), made and cxe(utc(i~he 11th Ja) o[ January 1979 ,
by _ THOMAS/~~ANLON and LORETTA/SCANLON, •his wife
hereinafter called the Mortgagor, which term shall include the heirs, legal representatives, successors and assigns o[ the said
Mortgagor wherever the context so requires or admits.
to FIRST__NATIONAL.BANK AND TRUST COMPANY OF STUART, Stuart, Florida,
a national banking association
hereinafter called the Mortgagee, which term shall include the heirs, legal rel,tesentatives, successors and assigns of the said
1\[ortgagee wheres•er the context sn requires or admits.
\1'IT\ESSETH: That [or (livers good and valuable considerations. and also in cw?sideration of the aggregate sum
named in the promis,ory note of even date herewith hereinafter dexribed. the said \lartgagor ch,cs hereby grant, bargain,
sell, alien, remise, release, conve)• Tod confirm unto the said \[ortgagee, his heirs, successor and assigns. all the certain
piece ,parcel or tract o[ land, o[ which said \tongagor is now seized and possessed and in actual possession, situate in
the County o[ ...._S~_-___~±uC~-e . . and State of Florida, described as follows:
Lot No. .768 Section II, in that certain Condominium known as
OUTDOOR RESORTS OF AMERICA AT NETTLES ISLAND, according to Plat
Of Nettles Island Project, Plat Book 16, pages 1, lA through 1J
(both inclusive) and Declaration of Condominium thereof recorded
in Official Records Book 186, page 2720, as last amended in
Official Records Book 192, page 820, all as filed for record in
the Office of the Clerk of the Circuit Court, St. Lucie County,
Florida, together with (i) an undivided 1/1585th interest in
those lands designated by said. Plat and Declaration (as amended)
as common elements and limited common elements and (ii) all
tenements, hereditaments and appurtenances thereto belonging or
in anywise appertaining.
SUBJECT TO all the covenants, conditions, restrictions, terms and
other provisions of the said Declaration of Condominium, as amended.
The Mortgagors covenant that they and the Association responsible
for the operation of OUTDOOR RESORTS OF AMERICA AT NETTLES ISLAND,
a condominium, .will observe all of the provisions of the said
Declaration of Condominium and of the Condominium Act, and will
perform their obligations under that Declaration and Act; and a
failure to do so that is not cured within 30 days after notice by
the Mortgagee to the Mortgagors and the Association shall constitute
a default under this mortgage.
RECE1YEO t~C)
7( tN PAYMJIT OF TAXES
~ c' ~ ~ v DUE O)1 CL'.SS •C NiTAAGBtE PiRSONAL PROPERTY,
- ~ ~ FU3SIIAIR TO . IIAPTER 71-i~~, ACTS OF 19I1.~
1 fr'36iA PoITfiAS ~ `
_ CL°.RK CI~:;UR COURT, ST. LY?:lE Ot, FLA.
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"1-+, II \\'E :\\b 1 t) HOLD the ,ante, together with all and singular the tenement,. hereditanu•uts and appuncnance+
thc•re•unt„ belonging ur in :?n~wi,c :,pprrtaininl; and the reversion and reversion,. remainder. and remaiuden, rent,. i„ur,
~ and profit, thereat and alw all the c,tate_ ri);ht. title, interest, property. possession, chum aocl demand vvhatwx•vcr.as well in
law as in ryuity bf the said \lortgagor in anc! to the same and every p:ut :uul p:ucrl thercol unto ?he said \lort};a);cc, au t
• hi, heirs, ,ucce,u,n and assigns, in (ec simple.
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:\ud ,aid \lort);agor. for him,c•I(. and his heirs, legal representatives. ,uccc„ur. and a„igus. hereby coce•uants with zlie
\Inrtz;aKee. his beer,. IcK:d rrpre~entatice~, wece+son ausl as,ign,. that ,aid \lortt;anor is indetra,iblc ~eired of ,aid land in
r Ic•c ,iny,lc: that the lair) \Iort);agor ha, lull puvcrr and lawful right to convey the ,:unc in fcc ,imhlc• a, :dnrc•,aid: that it
_ ,hall he lawful for wid \lurtgagee. hi, h(•irs. Ie};al representative,. ,uccc+u,rs end as,igln. at all tunes pc:uc.+hl, :wd qu+etl}
to +•ntrr ulNn,, hold, occupy :uui enjm ,aid land :,nd every part thercol: that said land is t?ce from all inn?mbr:uuc•: that
-,aid \tortga);or. hi, heirs, legal repre_.entative,, sutxesu,rs and assi};ns, will make ;?uh further as,urancc•s to perfect the• fee
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,imple title to said land in said Mortgagoe. hi, heirs, legal representatives, once„+us and a„it;ns. as may reaulnabk be te-
j cluirrd: and that ,aid Jlort);agor d~,es hereby (ulh• warrrnt the title to said laud and every part the•reo( and will defend the
s:unc a{;ain,t the lawful claims n[ all persons whomsoever.
1'RO~'ll)EI) :1L\\':\1'S. -1 hat it said ~lurtgafior shall pay unto the said \[orty;agec the ccrtanl promivsorv note, of which
~ the fallowing in word, and li);ures i, a true copy, u,-wet:
.
_t) M t t
i r'+ r ~ _ L ? ~ i_ ~ ! ?}tis Mstrutme~t! ttt?t!f pr'~pirtltf y
~J ' ~ _ THOMAS H. THURLOW, JR.
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' e - U ~ : ~ l5 . ~ ~ 7 ~ t) ~ 0 R THURLOW AND THURLOW
~ - _ (c 5A Kindrtid SfreM
~ ~ 1 ~~~~OU1 ~Y~~1390
V P. O. Boz 1K, Sewer, Fbrlda 1i0![I
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