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THIS INSTRUMENT PREPARED 8Y:
Cltl=~ns Feral Savlne~ and loan Atsotlatlon or St, Lucy County
1600 5. Feral Hl~way, Fort Pbrc~, Florida 33450
C. R. McOonald,Jr., (i~nNal CounfN
MORTGAGE
loan No. -22043820
THE UNDERSIGNED. Value Property Corporation, A Florida Corporation
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of Ft . ~ i erce ,County of St . Lucie ,State of
Florida, hereinafter referred to as the Mortgagor, does hereby mortgage and warrant to CITIZENS FEDERAL.
SAVINGS AND LOAN ASSOCIATION OF ST, L,UCIE 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 S t . Lucie in the State of Florida. to wit:
RFCfiY:D j /S~, da IM PAY'~N1' OF TAXES
C'~_ C± ~ $ 'C' G! i ;l.G LE Pa:RSutiAI PROPERTY,
tL';.S;:r•NT iJ :ii:..'i~? 71-l :4, ACTS Of 1171.
C) R~S.R POITRAS . -
{ ~ ~ CLERK QRCNIT COURT. ST. LOGE OQ, t1J1,~
Lot A, Biock 23, of QUEENS COVE UNIT
11, according to the plat thereof
as recorded in Plat Book 20, Page 6
of the Public Records of St. Lucie
County, Florida.
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Together with all buildings, improvements. fixtures or appurtenances now or hereafter erected thereon or place
therein, including all apparatus. equipment. fixtures or articles, whether in single units or centrally controlled, used to
wpply heat, gas, air conditioning, water, light. power, refrigeration. ventilation or other services, and any other thing
now or hereafter therein or thereon, the furnishing of which by Igssors to lessees is customary or appropriate, including -
screens, window shades, storm doors and windows, floor coverings, sueen doors, awnings, stoves and water heaters
(all of which are intended to be and are hereby declared to be a part of said real estate whether physically attached
thereto or not); and also together with all easements and the rents, issues and profits of said premises which are hereby
pledged, assigned, transferred and set over unto the Mortgagee, whether now due or hereafter to become due as
provided in the Supplemental Agreement secured hereby. The Morgagee is hereby subrogated to the rights of all
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 mortgages forever, for the uses
herein set forth, free from all rights and benefits under the homestead, exemption and valuation taws of any state,
which said rights and benefits said Mortgagor does hereby release and waive.
SUBJECT TO all the covenants and obligations of the Mortgagor 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 i
wpplemental agreement for the full terms and conditions thereof, and the same are hereby incorporated herein as tuliy
as if written out verbatim herein, and recorded pursuant to 695.02, Florida Statutes, in Official Record Book
pages 1 ~ 5' 1 18of the public records of S t . Lucie County ,Florida,
FM 323 c~c~
800 t~X..~~ P1~UE c7lJ 1
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