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HomeMy WebLinkAbout0819 62381 / 3 TH19 MORT(:AGF DE BD, m~de ae~d e:ecuced cM 26th~y o~ February ~9 77 ~ by lohn M• Sp+row, Jr. and Pat Sprow, his wife ~of ?15 NE 152 St. , N. Miami, FL b McDonald C. Jones an~ r~or~e~Jones,~i~s wi~e o . am , FL 33162 he~in.tt~.r ~ausd che MorcgaRor. ..liich cenn shau~includs elr hdro. IqN ~epe~enactve.. .ucce,.ors and ~..i~ns ot tM s~id Mo~tg~gor wherever the contest so requiros or idmit~. to TURTI.B RSEF AS30CIA7'E3, INC.. P.O. 60: 818, Jen~en Beach. Fl. :i34S7 Aerdnatter called the Mort~gee. .vhich tum ehaU includs ths succeswr~ Rad ~~s38e« oi ths ssid Mortgagee wherever tAe conte:t ao requires or admits. WITNE3SETH: That for devera Kood ~nd v~lu~bk consideratione, snd also in consideratioa ot tM aggreg~te eum naa~ed in ths promiaaory note oi even d~te herewrith hereinaker described. ths said Mortgago~ doe~ hereby graat, Mirgain, scU. alien. remiee. ~eleaae. oonvey ~ad rnntum unW t!?e s~id Mort~agee, his beirs. suooe~~ors u~d assi~aa, aU tbe c~taia piece..., parcel.... or t~act.... ot land, ot which tl~r ~aid Motlgagor is aow ~eired aad posaes~ed ~~d in~Mud poaseaaion. ~ituste in the County of St. Lueie arnf State ot Florida, described u folbwa i - l m ' A_~~. __._^E~ undivided interest in tee simple ebsolute a~ ten~nt in oommon /y~~ ,o in the ceetain real property dexribed in the amended Maater Form Deed ot 'ttitrtle m Reet Condominiums 1. recorded in Mficiai Retord Book 256. PaRe ~35. subject to t0 e~ di~eatmeot ~s sei torth in said Master Focm Daed and upon such divestcaent w ~tM interv~l owneraAip con+isting of Unit weeka ~7 in Condominium r-q - 4. $ ~ ~ tA ~ cansi~ting of Apartment !~Iumber ____~and ita undivided ~hare of the common ekmeats ot 7Lrtk Reef Condominiums 1 s~ such i~ de~cribed in ~aid amended htaster Form Deed. '3 n 7l~i~ i~ a purchaae money monRaRe- c N I~ Vl ~ t it is turther agreed betwreen ~he partirs to this mortgage that, in addition to the terma and oaiditions sst ~ oi the mises hereia deseribed. or anY p~tt out Aerein. if a conveyance shouW be made b_r• the MoKg~gor pre ~ 4hereot, without firat obuining both che .vriccen consent of t6e holder bereof, aad an aasumption of tWs obligation. in writing, by the ne~r propoxd Grantee, t1~en. . and in that eveot, at the option of the hoider heteot. wit6out notiee, all sums oE money aecured hereby ~hall. immediately and concurrently ~rith such oonveyanoe. beou'n~s due and p~Yab~ Note and Mortgage ahali be in detault. TO HAVE AND TO NOLD the +ame, togetAer ~rith aU and singuler the tenementa. Derediteme~ats and ap~ pnrten~nce~ thereunto bebnginR or in anywise appertaining aad the reversion and reveraions. eeas~inder and rs maindere. rents. iss~ea aad profits thereot and dso ~Il the estate. rigfit. titie. mcerest. property. possession. eLim ~nd . demand what.aosver as weU in law as in equity of the said Mortgagor in snd to the same and every patt ud p~rod thereot unw the ssid Mortgagee, and his Ae'ua, suoceaaors aad aaaigns, in iee ~apk. Aad said Mortgagor. tor himxlf. and hi~ he've. legal representative0. auccessnra and asaigns. t~ereby oouveoaats with asid Mortgagee. his he've. legal represen~ativea. successore and assigns. thet aaid Mortgsg~or ie u~deteastblY seiaed ot s~id tand in fee simpk: that the aaid Mortgagor haa fuU power and law~ful ri8ht to oonvey tbe same ie fee simp{s as aforeaaid: t6al it ahaU be lawtul tor aaid Mortgagee. hIs hdrs. {egal cepreaentatives. eutcesso~s and aasisns. at dl times pesoesbly and quietly to enter upoa. hoid. oecupy snd enjoy said land and everq part thereof: tLat said iand is tree hom aU incumbrance.+: tlut aaid Mortgagor. his haira. kgal represent~tives, euooessors and assigos, will eoake swch furtl?er ~aaur~raa to pertect the fee aimpie titk to said lsnd in said Mrotgage0. his 6eira ~i repre~tatives. aucceasors and asaigns. as iwy reaeonaWy be reqnired: and that s~id Mactgag~oc doe+ hereby fuliy warrant the titk to said land and every part thereof snd w71 detend the same against tbe lawfi:3 claim~ ot al1 per3ona whom.+cever. It is anderecood that each of the words. "note... ..mortgagor.• aad •.mortg:8ee.• reapectiway and the prononns rofuring thereta. whether in the ~ingular or plural anywhere in thi~ mortqa~e. ~haU be singulu if ooe ody and ehaQ be plnra! jointly and xverally. if more thsn one. and shaU be masculine. feminine andlor nrnter. w6~rever M, the coateit so implies or admitr. ~ At?d eaid Mortgagor for himself end his he"srs, tegal representatives. sua~ore and assign~. he~eby ooveasnte and c*~ agresa to and with said :V[ortgagee. his legal repre~entetive~. ~ccea~oro and assiga~: F - Q ~ 1. To pay all and aingular the principnl end interest and the various and sundry sua~s of moaey payable by . virtue ot said pmmisaory note. and tbis mortgsge. each and every. promptiy on tbe daya respectivdy the eame t 1 t ~~y become due. j.i'.~.. !~,'~t 2. To pty aU and aingular the texes. assesaments. kvies. liabilitiea, obligation~ and incumb~rano~s ot every ' (f ~?:f'• n~tun and kind now on eaid described P*nP~Y• aad/or that hereaftet may be imposed. sutfet~ed. placed. levied • or eseessed thereupon. and;o. that hereafter mav be levied or asseaaed upon this mortgage aadlor tf~e in~tedness ` . ~ ~r~d l~eby, each and every, when due and payabk saording to law, before they beoome delinquen~ and r ~ betoce ~ny intereat ~ttaches or sny penalty is incurred: snd in so tu a~ any thereof is ot reoord the saooe sbaU be ~ ~ pronaptly satisfied and discharged of reaord and the ori~nal official doeumeat (auch is. for inst~nos. tha taz eso~ipt as the sstisfaction p~per oft~cialty endorsed or certifiedl sl~ll be plsted in the 6ands of said Mortgagee wkt~iti ten daqs ne:t aher paYmen~ and in the event that ~ny tber~eof ie not eo paid. eatisfied and disc6arged, i m`- aid ldoctgegee mty at any time pay t6e aaaie ~~ny part thereof withont waiving or aHecting any o~tioo. - t i i 1~: b°A' °~~y ~'t under or by virtue ot this mortgage. and tbe tnll ~miount of e~ch and evecy such payment s6aU ~ b~ immedLtely due and p~yabb ~nd ahaU bear iuterest from the date th~reot until paid at t6e nte of t~en per • oentntn p~ annum and together with auch iwt~est ahall be secured by the lien of this mortgage. ` 3. To place aad continnously kesp os~ t6e Iwildinge now w hareaher eituate on aaid land fire and windstorm insunnce in tbe usud standud policy torm, in a aum rwt lese then tl~e amount due heraon. in euch comp~ny or comp~nies as msy be approved by said Mortgegee: and all aucs insurance policies on any ot esid bu~dings. any intertst therein or part thereof. in the aggregate sum afore~aid or in ezcesa thereof. sl~all oonLain tbe vau~l staadard mortgagee clause malting the ba.~ under eaid policies. esc6 and every. P~Yable to aaid Mottgagee as hi~ ' interest may appe~r. ~nd e~ch and every eoch policy shall be peo~aptly ddiversd to ~and held by sald btotta~p« • aod, not less than ten daya in adv:nce ot the e~iration of e~ch pdky. to dd~v~r to s~id llat~~ ~ na~wd tl~eot. togetber witA a rsoeipt for tbe premlum ot such reaewal: aad t6ere shall be snch inauanes pLod . m ah? of said bu~dings. aay inte~t therein or psrt thereof. unlees ia tl~e tocm th tbe bse psyabls u Joee~ald: and in the event any wm of money beeoroes psyabk under such policy or and said Mortgagw ~ RECEIYED v~~ 1[I PA1lIAEtiT Of TAXf3 ^ 0'JE 0!V CtASS'C IKtANGIBIE PERSONJIL PROPEItTY, jl(~4 PL'PS'l.wT TO CYJ?g'~". 71•134. ACis 19)1. v fK~ :'!t ~:l i'tA:: ~ • C1CR1( CIRCUIT Ct3iIRl, ~i. WCIE f ~ 8~1'P~~ ~-,~~'~~`'~:~~'~.~=~-t- - - "K-_s-SS~'