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6~ ~~A FIRST FEDERAL SAYINGS ~ND LOAN
Qj ~~6~~1 ASSOCIAI'ION OF MARTIN COUNTY
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,~~,~~G ~ . M~ RTGAG E D E E D . _
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THIS \IORTGAGG 1\'DE1'TL1RE, e~ecute~l this.l2th ....day ot - May _ . ~.D. 1~J75.__, l~y
_ - - ~ .__RU~'H S_CHREIER,---a-~~1~_w.oman.-------~-----------
of the County of l~iarti:~, State of Florida, hereinafter called the \lortgago~s, which tenn as usecl in e~~ery instance shull include
the rturtgagors' heirs, ex~cutors, administrators, successors, leg,il representatives and nssi~~s, either t~olwitary by uct of the
parties, or involuntzuy `by operation of law and shall denotP the singular and (or) plural, and the masculine and (or) 's
feminine and natural and (ur) :utificial perso~,s, ~~~hetiever and wherever the context so rec~uires or Admits; parties of d~e _
first part, und the FIRST FEDERAL SAVINGS AND LOAN ASSOI:IA.TIt7I\ OF- \fARTIN COUNTY, of Stuart, Florida, a
corlx~ration existin undrr the la~vs of the Uiiited States of Ametlcu, hereinafter c~lled the Association, which term as used in ~ -
a
erery instance shu 1 include the Association's successors, legul representutives and assigns, party of the sQCOnd part, -
~VITNESSETH: That Eor clivers good and valuable consider.itions, :u~d ulso in consideration of the aggregate sum of
mone}~ named in the promissory note of even date herewith, hereinAfter descri5ed, the I~tortgagors do grant, U:argain, sell, alien,
remise, release, convey ar.d confirm unto the Association, in fee simple the following descriUed real est~te, of ~vhich the mortgagors
arc no~~• seized and possessed and in actual Fossession, situate in the County of 3dxqC~ State of Floiida, tawit;
St. Lucie -
Thz Northwesterly 49. 60 feet of Lot 2, of BEACH CL~UB COLONY, SECTION
- ONE, according to the plat thereof, filed May 3, 1971 and recorded in Plat
= Book 16, page 11, St. Lucie County, Florida, public records, more particularly ~ ,
- ` described as follows: ~ - ~
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The point af bea nning being the northeasterly- corner of said Lot 2; thence run '
- South 23°49' 31" East along t~ie easterly line of said Lot 2(same being the
- westerly right-of--way lire ~ of State Road AlAafor a distance of 49. 60 feet to a
point; thence run South 66° 10' 29". West for a distance af 117. 00 feet to a point; ~
thence run North 23°49'31" West along the westerly line of said lot for 49. SO
_ feet ta a point; ther~ce run North 66° 10' 29" East along the northerly line of _
_ ~ said lot for a distance of 117. 00 feet to the Point of Begi.nning. - - _
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This Instrumentr M/as Pre~.nred Bv: . j
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FIRST FE~ERAL SAVItiGS E••'•:~ ~-CA~~ - '
ASSCCIA710N li~ MA: i i:. '±~!~;:1 d ~
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9 9 South Federal Highway, Stuort, Flo. . ~
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' TOGETHER with all structures and impro~•emenls now and hereafter on said land znd the fixtures attached thereto, and
- all rents, issues, pra~eeds and profits at~cruing and to acerue from-said premises, all ~f ~~~hich ara incl~de.d within the foregaing
_ description and the habendum hereof; also all gas, steam, and electric ~vatei and other heating, coo]dn~;, refrig~rating, lighting,
ulumbing, ventilating, irrigating, and power system, machines, appliances, fixtures and appurtenances, which are now or may -
_ hereaEter ~ertain to or be used witb, in or on said premises, even though they be detached or detachable, all of ~vh3ch it is hereby ~
agreed are or when install~d shall become a part ~f said real=estat~; ana, if -the abov~ described - property is now or shall here-
- after be used for commercial purposes, then the fumiture and fumishings and any replacements ihereof which may be owned
by the ~iortgagors ard which are now or may hereafter be located upon the above described~property, .
k TO HA~'E AND TO HOLD the same, together with the tenementr, hereditaments and appurtenances, unto the Ass~ci-
ation, in fee simple. . - - _ f~
~ And the Mortgagors do hereby covenant with the Association that they are indefeasibly seized of said land in fee simple; ~
th:~t ihey have full po~ver and la~~•ful right to convey said land in fee simple as aforesaid; that it shall be lawfi~l for the Association ~
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