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MORTGAGE
THIS MORTGAGE is made this 30TH day of OCTOBER, 1979 between the Mortgagor,
UAVIU A. AULT ANLt TINA AULT. HIS WIFE
(herein ' Borrowersy, ;end the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation
organized and existing under the laws of the United States olAmerica. whose address is 989 South Federal H ighway, Stuart,
Florida 33494 (herein "Lender1.
WHEREAS, Borrower is indebted to Lender in the rincipal sum of ~ g 31600. 00)
-~-'THIRTY-ONE THOUSANIt SIX HUNURE~ ANIt NO /100 ~THS---
Dollars, which indebtedness is evidenced by Borrowers note dated OCTOBER 3~~, 1979 (herein "Note"?,
provided for monthlyy installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and
payable on NOVEMBER 01. ~ X009.
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mort-
gage, and the performance of the covenants and agreements of .Borrower herein contained, and (b) the repayment of
any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future
Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the
County of ST . UJC I E ,
State of Florida:
THE EAST 48.65 FEET OF LOT ~9. BEACH CLUB COLONY, SECTION ONE
f~CCORItING TO THE FLAT THEf:EOF, AS RECORItEU IN FLAT B00)c 16, F'AGE
11, OF THE PUBLIC RECORIIS OF ST. LUCIE COUNTY, FLORIL~A_
`i' R~e~ s ~ ~ In Psyment Of TaxK
- - ~ . i UuP On Class "C" Intangible Personar prop~t~r,
~ _ I p~,r4~rant To Chaptsr 71, 134, Acts O~'971,
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~ _ - . - 7 tt11 ^_R.oc3ER 1P-o-I-T_t~ef?~s
,x_ ~ i. ' U ~ ~IPr~ Ct?C~1rt WYrtr St'. ~~/47~r W., FIB
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THIS INSTRUMENT F'REF'AREU BY
~TUART-MARTIN TITLE CO., INC.
F'OST OFFICE BOX 866, STUA T, FLA. 33494
FtY : IIEBRA A . S I GAFOOSE
N #000036066
94 ELMAR UR., BEACH CLUB COLONY, JENSEN BEACH, FLORIDA 3345:
which has the address of
IStreep (C~ty1
;
(herein "Property Address"?:
~ - (State and Zip Code1
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TOGETHER with all the improvements now or hereafter erected on the property. and all easements. nghts, appurte-
nances, rents. royalties. mineral, oil and gas nghts and profits, water, water rights, and water stock and all fixtures now or here-
; after attached to the property, all of which, including replacements and additions thereto. shall be deemed to be and remain
a part of the property covered by this Mortgage: and all of the foregoing, together with said property(or the leasehold estate
if this Mortgage is on a leasehold) are herein refer~d to as the "Property'.
Borrowercovenantstfiat Borrower is lawfully seised of the estate herebyconveyed and has the right to mortgage. grant
and convey the Property, that the Property is unencumbered, and the Borrower will warrant and defend generally the title to
the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of
~ excepUOns to coverage in any title insurance policy insuring Lenders interest in the Property. (;K
a ~ 31y P~cF 18$5
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