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MORTGAGE DEED
. THIS t40RTGAGE INDENTURE executed this 22nd day of April ~ ~
19 8a by Martin Steinhardt a married man
here ni
after referr to as t e Mortgagor s and t e eirs, personal repre-
sentatives, successors and assigns of the Mortgagor(s), including all subse-
quent grantees, either voluntarily by act of the parties or involuntarily by
pperation of law, and THE MALL BANK, a state banking corporation organized
and existing under the laws of the State of Florida and having its principal
place of business at 1801 Palm Beach Lakes Boulevard, West Palm Beach, Palm
Beach County, Florida, hereinafter referred to as the Mortgagee, its suces-
sors and assigns, being a first mortgage. jj
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WITNESSETH .
That for good and valuable consideration and also in consideration t
of the aggregate sum of money named in the Promissory Note of even date here-
with and hereinafter described, and such additional sums of money as shall
be borrowed by the Mortgagor(s) from the Mortgagee or expended by Mortgagee•
for the account of the Mortgagor(s), the Mortgagor(s) hereby grant, bargain,
sell, alien, remise, release, convey and confirm unto the Mortgagee, in fee
simple, the following-described real estate, of which. the Mortgagor(s) are
now seized and possessed and in actual possession, situate in i
Jenson Beach , County of St. Lucie and State of Florida, to-wit: ~
UNIT 505 in Oceana Oceanfront Condominium II, according to
the Declaration of Condominium of Oceana Oceanfront Condominium
II, recorded in Official Record Book 326,- Pages 1684, et seq.,
Public Records of St. Lucie County, Florida, (The "Declaration
of Condominium"), together with an undivided share in the Common
Elements appurtenant to such Unit and all other appurtenances
to such unit as set forth in the Declaration of Condominium.
Mortgagor herein affirms that subject property is not his homestead _
and ~s not intended to be his homestead.
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TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and
~ ° appurtenances thereto belonging'or in anywise appertaining, in fee simple.
And the Mortgagor(s) hereby covenant with the Mortgagee that they
~ are indefeasibly seized of said land in fee simple, that they have full power
and lawful right to convey said land in fee simple as aforesaid; that it
~ shall be lawful for the Mortgagee at all times peaceably and quietly to enter
f n upon, hold, occupy acid to enjoy said land; that said land is free from all
encumbrances;,that they will make such further assurances to protect the fee
simple title to said land in the Mortgagee as may reasonably be required; '
that they do hereby warrant the title to said land and will defend the same
against the lawful claims of all persons whomsoever.
PROVIDED, ALWAYS, that if the Mortgagor(s) shall pay unto the )
! Mortgagee the certain Promissory Note of which the following in words and
figures is a true copy, to-wit:
I PREPARED BY AND RETURN T0:
J• ~ J. Russel l Greene
The Mall Bank
P. 0. Drawer MB
West Palm Beach, .Florida 33402 BCO~Je~7li PAGE
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