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THIS INSTRUMENT PREPARED BY:
Citieerr Federal Setiin~ end Coen Awoeietion of Si l.ueie County
1600 S. Federal Hphvrey, fort Pierp, Flaide 33460
C. R. McDonald, .k.. ~ienerel CourMel
MORTGAGE
' loan No. ~-'2Q3227S
THE UNDERSIGNED, SUN COAST BUILDERS INC.. A FLORIDA CORPORATION
of PtJftT 5T l..l.H ::C ,County ofr,T . LUC I EE ,State of
Florida, hereinafter referred to as the Mortgagor, does hereby mortgage and warrant to CITIZENS FEDERAL
SAVINGS ANO LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the
laws of the United States of America, hereinafter referred to as the Mortgagee, the following real estate in the
County of ~iT. LUCIE in the State of Florida, to wit:
LOT 1, BLOCK 346 PORT ST. LUCIE. SECTION 25r
ACCORDING TO THE PLAT THEREOF AS RECORDED IN
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FLAT BOOK 13~ FACE 32E OF THE PUBI_IG RECORDS
OF ST. LUCIE COUNTY FLORIDA.
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RED ~z. yc M MY~ of TJIXES
611[ tNl CLASS 'C' IfirANfi'81E PERSpYpI PROPERTY,
ruasuA~t To ; ffaPrz n_.~4, ,tcrs of wrt,
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Together with all buildings, improvements, fixtures or appurtenances nosy or hereafter erected thereon or placed
therein, including all apparatus, equipment, fixtures or articles, whether in single units or centrally controlled, used to
A supply heat, gas, air conditioning, water, light, power, refr~gerat~on, ventiliation or other services, and any other thing
now or hereafter therein or thereon, the furnishing of which by lessors to lessees is customary or appropriate, including
screens, window shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
f (all of which are intended to be and are hereby declared to be a part of said real estate whether physically attached t
- thereto or rant!; and also together with alt easements and the rents, issues and profits of said premises which are hereby ~
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pledged, assigned, transferred and set over unto the Mortgagee, whether now due or hereafter to become due as 3
` provided in the Supplemental Agreement secured hereby- The Mortgagee is hereby subrogated to the rights of all
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mortgagees, lienholders and owners paid off by the proceeds of the loan hereby secured.
TO HAVE AND TO HOLD the said property, with said buildings, improvements, fixtures, appurtenances, appa-
ratus and equipment, and with all the rights and privileges thereunto belonging unto said mortgagee forever, for the uses
' herein set forth, free from all rights and benefits under the homestead, exemption and valuation laws of any state,
- which said rights and benefits said hortgagor does hereby release and waive.
SUBJECT TO all of the covenants and obligations of the Aortgagor to the Mortgagee, as contained in a supple- -
mental agreement dated, executed and delivered concurrently herewith and reference is hereby made to said note and
supplemental agreement for the full terms and conditions thereof, and the same are hereby incorporated herein as fully
as if writt n out verbatim herein, and recorded pursuant to (195.02, Florida Statutes, in Official Record Book '
pages the public records of Florida.
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