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HomeMy WebLinkAbout0849 , 3~2399 ~ ' THl3 MOR7'GACE nlsBD, made snd e:eruted t!?s26 __day oi _~~h 19 ~ br Brya~cl_._E.._MGGee~ldl~nmc'~MIC.GP.E~hiS_wifE_af._1100 Wellt~a on Street. - Port Elgin, Ontario, Canada N~H2C0 I~nia~tter calkd the MatgRgor. whicl~ term aMll includs tM heirs, k~l repres~atatives. suedaon ~ad a~dsas . of ths said Mort~Ror whersver ths conte:t so requires or admita. - W TURTI.S REER A330CIATE3, INC., P.O. Box 618. Jen~en Bs~ch. FL 33157 heceln~iter caUed~ the Mortgegee, which term shaU iacluds tbs auccsssors aod asoga~ ot tbs said Mort~ges wAeraver the conts~t eo requires or admits. WITNS3SETH: That (or dever~ Rood and valuab~ considerstions, and also in conside~ation ot the ag~egate sum namsd ia the promiaaory note a( even date herewith hateinatter described. tbs said Mortgagor doe~ 6ereby Br~nt, b~rgaiQ. seU. aliaa. remise, relea~e. convey and confirm uato the esid Mottg~ges, his Mic~, suoos~eon and assi~u, ~11 the certaU? piece..., p~rcel.... or traet.... of land. ot ~?hich thr said Mortgagot te now ~eised and : posseased ~nd in~ctual poseeaaan, aituate in tha County ot 3t. l.ucie arn! State of Fbrida, de~cribed as tdbw~ ~ A._~___~__~~__'%~ undivided intere~t in fee aimple absoluce ~s ten~nt in comn~on . J • in the certain real proparty dex~ibed in the amended Master Form Deed of '1lirtls Reef ~ondominiume 1. r~ecorded io Official Record Book 2b8. Pags Z3b. subjeet to Sl~ divealment se! torth ta said Msater Form Deed and upon such divestment an 1~ ~ _ intrrva) o~rnerahip conaistinR ot Unit weelc.s __1.Q_ in Condominium C-7 oonsisting ot Ap~K~nent 1Vumber C-7 , and its. undivided ~hare of the common elem~nte ~ ot 71~ttle Reet Condominium~ 1 as such is described ia aaid amended Master Form Deed. ~ - -'11ris i~ e purchaac money mortga~e. . _ ' G' It ia [urther agreed between the ~rties to thia morig~ge t}ut, in. eddition to the terms and oonditio~s sst ~ out 6erein, if a rnnveyance ~hould be made by the Mortgago~ of the premisea hefein descn'bed. or ~ny p~tt thereof, without first obtaininq both the writtea coneent ot the holder hereof, aad an as~umption of iht~ obligation, in writing, by the new proposed Gnntee, then, and in that event, at the option of ths holder hereof. witbout notice, aU sums ot money secured here6y ~fiaU, immediately and conc~rrently ~*ith auch conveyanoe, beoome due aad p~yabk and said Note and Mortgage shall be in default. TO HAVE AND TO HOi.D the aam~ together w~ith ell and aing~il~r the teaemente. hereditameate ud ap purteaancea there~ato bebnging or in anyrriee appertaining and the reve*aion and rev~ions. ramainder and ro mainders. re~ts. issues aad profits thereof and also all t6e eatate. right. titJe, entereat, P~P~Y. P~• cWoa and d~nand wfiatsoever as well in law aa in equity of the said Mortgagor in and to the ssme and every part and p~rcal tAereof unto the ~aid Mortgsgee, end hi~ he'va, successora aad wigns, in tee simp~. And said Mortgegor, for himself, and hi~ t~eir~, legai reprssentatives, succes~rs and ~eaigas, hereby oonve~nte wrtth ssid Mortgagee. hia heirs. kgal representacives. auccessors and as~igru. that said Mortgag~or is indefeasiWy seized of aaid land in fee aimple: thet the ~aid Morigegor has full power and Is~rful right to oonvey tM sacne in fes aimpk as ~foreaaid; that it ahatl be lawful tor ssid MortgsRee, his heirs, iegd repreeenqtives, succea~ora and a~s. •t aD tiaaes pesce~bly and quietiy to enter upon, hold, occupy and enjoy ssid iand and every p~rt t6~reof: that s~id land ia free from aU incumbrance~: that said Mortgagor, !tis heirs, legal reptesentatives, eaooesaors ~nd aasigns, wili unalce auch Eurther as~uanoes to perfect the tee aimple title to ~id land ia said Mrotgagde. his l~eirs, legal representative~. eucce~s and asaigaa. ae may re~sonably be required: and that said Mortgagoc does hereby fully warrant the titk to said land and every part thereof _and ~n71 defend the aeme against the 1~wtul claims of aU person~ w~homeoever. It is underatood thst each of the wrords. "note". "mortgagor" sed "mortgagee" reapectively and t,he~ pronouna " nferring thereto, whether in the sinRular or plural any~vhere in thie mortgege, ahaU be singuler if one onty and ahail be Qlural jointly end aeveralfy, it more than one, and shall be nueculine. feminine aad/or neuter, whaever ~ t6e oonte:t so implie~ or admits. ~ ~ Md said Mortgsgor for himsclt and hi~ heirs. legaf representatives. suocea+oro and asaigns. hereby covensnte and : m agreea to and with aaid ~lortgagee. his Iega! repreaentativea, successoss and assignr. ~ ~ . ~ 1. To psy a11 and aingular the princ;pal and ieterest and the v~rioae and eundry aums of money payable by . ~ ~ virtue ot said promissory note, end thia mortgage. each and every, prompt]y on the dsye reepectivdy the esme ` - eever~lly become due. ~ 2. To pey a~ll and aingular the tase~. assesaments. leviea. liabilitiea, obligations and incumbranc~s of everq nat~ue aad kind now on said dexribed andlor that hereafter ms be im p '~z~ ; ProP~Y• Y posed. aufter'ed, lacad. levied _1~/ or ~tssessed thereupon. and~or that hereafter may be levied or esses+ed uQon thia morigsg~e andlor tbe indsbtsdness ~ rscured hereby. each ond every, when due and payabk aocording W lew, before they become delinquen~ end ~ betas any intereat attacha~ or any permlty ia incurred: and 'w so far as any thereof is of r~ecord tbe eame s6a11 be - ~ ~ promptly atisfied sod discherged of rooord and the origind officiaf document Isuch as. for instanca, tbs tu I 1 or t6e satistaction paper oificially endoraed or certifiedl st~a11 be pl~ced in the 6anda of aaid Mortgaaee _ N' wkl~in ten days ne:t after paymen[: and in the eveat that any thereof is oot so paid. eatiefied and dischug~ed. - n ' 0° ° nid Mu~tgagee may 3t ~ny time pay tbe same or aay part thereot witbout waiving or affecting any option, f ~ ~ lien. equitq or right under or by virtue of thia mort~ge, and tl?e ful! amouat of e~ch ~nd every sach p~yment stiaD bs imabdiatelq due and p~yabk and ehell be~r intazest trom the date tbe~+eof unW7 paid ~t the rate ot tea per ceaturn pet annum and together with sach inten~t aiull be ~ec.vred by the lien of t6is morigage. 3. To pboe and ooatinuously Iceep on ths huildiega naw or her~fte~ aituste on ~aid fand fin end windstorm insunt~oe in the uaual atandud poficy torm, in e aum not les~ tlw~ the amount doe he?eon. in auch oompany or companies as cn~y be app~oved by aaid Mortgagee: ~od dl such ina~uance policks on any ot said bu~7ding~. any interest tberein or pert thereof, in the aggregate aum aforesaid or in e:o~s thereof, aluD oontaia t6~ uwl , dand~rd mortgagee claux raalcing the loet under said policies. e~ch and evay. P~Yabie to said Mortgages u bN ~ - incerNt may appe~r. and e~ch and every suc6 policy shall be promptly dsliver+ed to and 6dd by wid Matpp~c • and, not less than ten days in advanoe of the ezpiration ot e~eh poliey, w deliwr to eaid ~artp~ a nie~wd t,h~soi toget6~ with a reoeipt [o~ the premium of suc6 renewaf: and tfiere sh~ll bs no sneh inwranos pi~nd ~ • on wy ot eaid buiidings. any int~rest tberein or p~rt thereof. unkss ia the [octn and witA tAe bss payabis ~ ' ~ atorwid: wd in tbe event any anm of money beoomes psyebk under auch policy or policiea and said Mortgag~s~ ~ a 1 RECEIVEO it ~ 1M PAYMENT OF TAXES ~ Ap ~ WE OM ClASS 'C' INYMIGIBLE PERSOHAL PROPERfr. Ef 8~ Q i t PURSUAI,:1 i0 C:t;^'c? 71•}?:. ACTS OF y/l. i V J`~ k[i:i~~ POIT9AS , - • CI.ERI( CIRC:IIj Cu.~iti, ~t. WCtE , FL~ ~ _