HomeMy WebLinkAbout0829
~ ` ~
3s~~ g ~
THI3 MORTGAGF. DBF.n. made and eYecuted ths ?4 _d~y o1 Ja?1UM~f 19 '
by _ R. C. Shnoyen and _lud.i,th ~Sf~t.~~e~~_ iu.a~¢ o~ 610 B.ih.ch S.t. , Bu~ Rap~db, .
M.ick~i.gan 49307 and Laih.ence J. Jenden and Ah.da,th R. lenaen, h.i.a w~~e o6 so~ w.~,,~zeh s~. ,
l~naitar utled the Moit~~gor. which term shaU iaclude ths M'va kgzl repre»atatiwr. a~oo~aon aud ..a~ ~ R4p~t~b, ~
O~ ~II! 1tld MOKg!(~O~ NIf!!'!V!~ I.IfQ MlIIC~~ so ~~t~ o~ .a~c.. M~i.ch. 4930~.
to TURTLE REEF A330C1ATES. 1NC.. P.O. Box 618, Jensen Ae~ch, F1. 39157 ~
herdnaft~? talled' the Mortgagee. which term shaU includs the ~~e ~ ~
sdd Moet~agee wherevsr the conte:t eo requires oT ~dmits.
W{TNB3SE1'H: 7'Iwt fo~ devera Rood aad valuabk rnnsideratioa~, and al~o in co~sideration of ths ~te sum }
naared in the promiaeory note ot eve~ date herewith hersinaher described. ths said M~t~goe doM hKabq
snat. barg~ia. sell, alien. remiae. release. oonvey sad coafirm uaw ths said Mortgages, hIt heir~. woo~on ~nd
• assi~s, all ths certain piece.... pucel.... or tract.... ot land, of whicA the said Mortgaaor i~ now ~ed and
possessed and inattual posea~aion, aitwte in the County of 3t. Lucie and State oi Florid~, descrlbed u follow~
f ~
~ w' _ A 0.0384 undi~~ded interest in tee simpk ebsolute as teoant in cammoa
~ in the certain real property described in the ~mended Master Form Deed ot 7Lrtls ~
'i iteet Condominium~ 1. recorded in Ofticid Record Book 2b6. P~ge 23b. subject to
~
' : i~ divestment sa ~et torth in uid Master Fotm I)eed and upon ~uch divest t an
~ ~ ~ interval ownerehip consistin~ of Unit aeel~ in Coodominium ~t~
~
w~? oonsi~ting ot Apartment Number C_~~. aad its undivided ~here of the comnaon ekmenta
y of 7lirtle Reet Condominiur.» 1 aa auch is described in uid amended Maater Form Deed.
c -s .
- 71iie is a purehaae money mortgage.
It is turther agreed between the psrties to thi.+ mortgag~e that. ia addition W the terms and oooditions ~et
ont 6erein, if a rnnveyaaoe ahould be made by the Mortgagor ot the pranises h~rein described. or any p~rt .
tl~eof, without firot obtaining both the written consen~ of the holder 6ereot, and an asa~imption oE t1~is
obligatan, in writing, by , the new pmR,oaed Grantee, then, and in that ev~t, at the optioa of ths hoWer hee~eoi.
without notice, all ~uma of money ~ecured hereby shall, immediately and concurrently with such canvey~nea. beoome
E due end psy~bk and aaid Note and Mortqa~e shall be in det~utt.
I TO HAVE AND TO HOI.D the same, together with aU a~ siagnlar the tenemenb, here~litatnents and ap
~ th~eunto belo .
Purt~ancee n8in8 or in a~v~rise eppvtaining and tbe reversion and reversions. re~n~inder ~nd rs
m~inders. reats. isaues aad profite thereof end al~o dl the esute. right. tiLle. intereet. PropertY. Posse~o~. tWm and
de~oand wlutsoever aa well in la.v as in equity of the said Mortgagor in and to the saa~e and eveqr p~rt and
parcd thereof ~nto the aaid Mortgagee,.and bis heira, a~xcessors ~nd aasigns, in !ee aimple.
Md aid Mortg~gor. for himselt, a~d hie heirs. kgal representatives. sacressnr~ and aesigns. l~eby oomenants
with e~id Mortgagee. his heirs. legal repreaentative~. succeasoro ~ad assigas. that said Mottgfgor is indefew'bl~r s
' seized of said land in tee simpk: that the said Mortgagor ha~ ful! power aad lawful rig6t W oonvey tbe same in tee '
aimpk as atoreaaid: tlut it ahall be lawhil for aaid Mortp~ag~ee. his heire, legel representatives. suoceseors and assigns. `
at aD times pe~cesbly and quietly to enter upon. hold. occnpy u~d enjoy said land and every p~rt thereof; '
that aaid land ia free from all incumbrances: tlut ssid 111ortgagor. his heira legal repreeeatatives. s~eoeasors and
aeaigna. will mal~e auch further assuranoes w perfect the tee simple title to said laad in said Mrotaagee,
his heas. kgd repreeentativee. ~ucoe~ora ud asaigne. ae mey reasooaWy be required: and tAat said Mo~tgagor
doee hereby fiilly warraat the title w aaid land and every part ther~eof aed wrill defend the same against the
l~wful claima of all peraona who~n+oever. •
lt ie understood that each of the ~rords, ..note... ..mortgagor" and ••mortgagce•. tespectively and the proao~ns
referring t6ereW, whether in the sinRular or plural anywrhere in th~s nwrtgsge, shall be aingular J one ody and
s6all be plural jointly and ~everalty, if more than one, end ahall be rn~sculine, feminine endl~ neuter, wher+ever
' Q t6e oonte:t ~o implies or admite.
~ And said Mort for himxlf and his heirs, le
BaBo* Bal rePrexntatives. auoceaeors ae~ assigns. hereby oovenants and
' ~ ~grees to and with said Mortgaqee, his legal representatives, successora and as~igns: '
O
' 17 ~ 1. To pay aU and singular the principal and interest and the variws and sundry auma of money payable bp
; ~a virtue of said promissory note. and thia mortgage. each and evvy promptlY on the days respectivdy tl~e eame ~
:A,•~~:t'~, severally become due.
;i .i , tiI1; -
2. To pay aA and ~inguler the t~es, asxaaments, levies, liabilities, obligatioaa end incumbrances of every
" naWre aad icind now on asid dexribed PropertY. and/or that l~ereahsr msy be imposed. saftered. plaoed. levied
= or assessed there~pon. and~'or that hereafter msy be levied or a~eased apon this mortgage and/or the indebtednese
L~ r • secured 6ereby. each and every. when due and peyabk aocadiag to law. before t6ey become detinquent, and
be[ore ~ny L~t~eat attache~ or any peoalty is incurred: and in so far as any thereot is of reoord t6e sams eh~D be '
j ~ promptly eatis£~ed and discharged of record and tl~e origind offiaal document Isuch as, foc iastanos the taz _
_ m;; e~piPt ~ the satiafaction p~per officially endorsed or cartifiedl s6aU be plaoed in the bands of s~id Mat~ases ,
_ ~ wtt6in teo days nast after p~yment: and in t6e evant t6at aoy t6ereof is noR so paid. eatisfied ud di~e6~taed.
i ~~~BaBee may at any time pay tbe same ot an
lien. equity or right under or b virtue of this mort y~' thereof wit~o~t wriving or aNecting anr opt;on,
y gage. •nd tbe t~ll amaunt of e~c6 and eve:y suc6 p~ymeat sbap
b~ immediately due and p~yabk and ahall besr iat~reat from t6e date t6ereof unttl paid at tbe nte of ten per
oeattun per annum and together with such ink~t ahall be secured by the lien of this mortgag~e.
3. To pleee and caetin~sly ke~p on t6e bu~7dings now or hereafter sitwte on said land fire and windsta~m
insunnoe in the usud standard potiry form, in a sum not ks~ than tlu aroonnt due hereon, in such oomp~ny
or oompenies aa may be approved by said Mortgagee; and all such insaranoe po~ci~ ~ anq ot said b~dia8s. aa~r
intereet thereia or part thereof. ia the aggregate aum aforeaaid or in e:osss thereot. sl~aD rnnLain tbs nwl
standard mortg~gee clause making tl~e losr under said policies. e~c6 and evsry. P~Yabk W s~id Matpges u 1~
iaterest way appear. and e~ch and every suc6 policy ebaU be pr+omptly ddivse~sd w and held by sdd Martsa~~ •
and. not less tban cen daya in advanoe of t!m e:piration of each pdky, to deKwr to wid Npt~a~e a e~erwal
tb~r~of. togeth~ with a reoeipt tor t6s premium of snch renewal: ~ad tbse shall be ao wcA inwranos pl~od
ao s~ ot said bui3dings, any intereet therein or part thereof. nnkss in t6e torm wd witl~ ths ba p~Yabie ~ ' :
da~w~id: aad in the event ~ny snm of mooey becomea psyabk under ench potic~+ or policies and eaid Mortg~gN r;
ry r
RECEIVED 7 IN PAYMENT OF TN(E'd -
DUE ON CUSS 'C' INTANGIBLE PERSOMAL PRppERry
PURSWf;f i0 Ci:f?•;' 7i•13{. ACTS QF 1911. ~ ~ 8~
E:.~ 266 n?cE
R: +:t7 PC3ITPA:
CLfR!( CIRCUIT C(liiRT, l'1. WCIE~(.~p, F • .
~ ~v~~~.,._~.,