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THIS i1tORTGAGE DEED, trade and executed the day of,_~T,~ - 19 SO ,
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by DO[VAID L. PA~.Y and PATRYC7A A. PALM, 2>9usba~xyd and wife
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hereitufter called the Mortgagor, which term shah include the heirs, legal representatives, successors and assigns of the uid
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 Iortgagee, which term shall include the heirs, legal representatives, successor and assigns of the said ~
Mortgagee wherever the context so requires or admits. -
WITNESSETH: That for divers Rood and valuable considerations, and also in consideration of the aggregate sum named
in the promissory note hereinafter described the said Mortgagor does hereby grant, bargain, sell, alien, remise, release, convey
and confirm unto the said Mortgagee. his heirs, successors and assigns, all the certain piece ,parcel
or tract • of land, of which said I?tortgagor is now seized and possessed and in actual possession, situate in the County
of St'- Tar!iF± and Sute of Florida, described as follows:
IOt N1o. 716 SeCtioR II, 311 that wert8i11 Col'IdoZlti.Tlitltl lQlown ds OITi~00[t
x~so~'s eF AMERSCA AT ~~S zSr~rro, as stlo~m by the plat recorded in -
the office of the Clerk of the Circuit Court 3n and far St. Iuc3.e Cotanty,
Flar3,da, in Plat Hods 16, Page 1; lA through 1J, and according bo the
- Declaratial of OoeY3amiriiua as reoorrled in Official Rewords Bode 186,
Page 2720, and any and all its thereto that have been reoo~ed
3n the St. hllcie County, Flar3da, public records.
Mo~:tgagor eagaressly agrees to v~ly with each and every provision of the ,
Declaration of Oosydatiinitm and all its thereto of well ch the instant ~
ta>,it is a part. This includes the provisions of the Articles of Inoaacporatia><
of the oocid~aminittn association, together with the Provisions of the
Condaniaitm As.9ociation's ~Laaas, and ir>rcludes, 3.f appliwable, the pro--
visi~ns of the Lflclg ~ Leage (if any) . In the event of default on the
- part of Moarbgagor in any one ar more of the ,pravisi~ons of the aforesaid
Agreenertts, Mortgagee may, at Mtlt•bgagee's sole option, declare the default
on any of the aforesaid Agret3tnarts, mentiwned 3n this instant Article, to ~
be a default uncl~r the poovisions of this instant Mor~iagage, and my further.
at Mortgagee's sole option, aooelerate the ' s due and payable
. 3n full andfor seek judicial renedies order the provisions of • this Mortgage. .
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_ _ , ~ Received s a~-!• s~ In P~yttt~tt pi TaK
- _ _ - - _ _ Oue On Cia~s °C" IntangkflePw~onslor+op~q.
i fi ' 4 Pu?suant Yo Chapter 71. 134. ACt! O? ~@7 f
ROGER P017RAS ~
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` Clerk Circuit Coun, St. tucN, Co.. Fitt.
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To HAVE AND TO HOLD the same, together with all and singular the tenemenu, herediuments and appurtenances
thereunto belonging or in anywise appertaining and the reversion and reversions, remainder and remainders, cents, issues ~
and profits thereof and also ail the estate, right, title. interest, property, possession. claim and demand whatsoever as well in
law as in equity of the said Mortgagor in and to the same and every part and parcel thereof unto the said bortgagee, and ~
his heirs, successors artd assigns, in fee simple.
And said Mortgagor, for himself, and his heirs, legal representatives, successors and assigns. hereby covenants with said
Mortgagee, his heirs, legal representatives, successors and assigns, that said 1liortgagor is indefeasibly stized of said land in
fee simple; that the said Mortgagor has full power and lawful right to convey the same in fee simple as aforesaid; chat it - '
shall be lawful for said I?torcgagee, his heirs, legal representatives, successors and assigns, at all tines peaceably and quietly
to enter upon, hold, occupy and enjoy said land and every part thereof; that said Land is free from all encumbrances; that ,
i said Mortgagor, his heirs, legal representatives, successors and assigns, will make such further assurances to perfect the fee
- simple titlt to said sand in said Mortgagee, his heirs, legal representatives,successors and assigns, as may reasonably be 1
} required; and that said I?tortgagor does hereby fully warrant the title to said land and every part thereof and will defend
the same against the lawful claims of all persons whomsoever.
PROVIDED ALQ/AYS, That if said 1ltortgagor shalt pay unto the said i?tortgagee the certain promisson• voce, of which Z
v the following in words and figures is a true copy, to-wit: z
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