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TNI3 MORTGAGF DE~:n. ~.~a e:~ueaa cn~ 25~ or _ February ~s 77 ~
by _ Robert S. Conzalg~ 4.~4~._~, Kenansu~l l~_EL_~ 7~2
hadnaft~ uUed ths Mortgago~. which term ahaU iaclude ths beits. k6~1 repre~tative~. moee~ors aad aNi~ ;
ot tM said MortgsRor wherever ths context so roquiros or admit~.
w TURTLE REEF ASSOCIATES, 1NC.. P.O. Bo: 618. Jensee Beacb. Fl. 331b7
hereit~tte~ cdle~d~ the Mortgagee, which te~m shaU iactuda the suceessors and as~igo~ ot t~M
saW Mort~gee wherever tlk contast ao requires or ~dmits.
WITNE33ETH: '{'h~t tw devers good and veluable considsr~tiona end aL+o in conaider~tion ot the agare~te wm ~r,~~?` t
nazaed in the promiasory note ot even date hererrith hereinaher desedbed, tbe eaid Mortgsgor does l~areby
gnot. bargaia. ae0. a4ea. nmiee, rebase. oonvey and rnnfirm u~to the ~aid Mortgages, bis beirs. en~coe~on and ~ v
assign~, ~li t1~s ce~tain piece.... p~rcel.... or tract.... of land. of ahich ths said Morts~gor is now seised and
possessed ~~d inactual posaession, sitwt,e in the County ot 3t. Lucie and Stats of Flo:id~, deseribsd as fdbw~ ~
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A _'~6 undivided interest in tee aimpk absolute ~s teaant in oommon ~4a."
in the ce~tain real PcopertY de~cribed in the ~mended Master Fotm Ueed ot 'il~r!{s ~~c 4`
Reef Condomiaiums 1. recorded ia Official Record Book 2b6. Pags 235. subjeet to . ~
divestment aa ~ct forth in said M~eter Fo~ Deed and upon such di _ ment aa
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l[~ 3U in Condominium ~ ~
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conaiating ot Apartment Number __~.7and ita undirided ahue ot the common ekments
ot 'Ihrtle Reef Condominiums 1 s~ such is described in said ame~ded I?~sster Form Deed. p~
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71~ia ia a purchase money mort~tage. ~
It is further agreed between the parties to this mortgsge that, in addi6ion to the terms afd ooDdltions eet
out 1~ein, if a eonveyence ahould be made by the Mortgagor ot the pretnieee heteiu described. or aaY P~
tl~ereot, without Cuat obt~ining both ihe written conaent ot the holder hereot, end ~n aeaa~mption o~ tbis
obtigation, ia writing, by the new proposed Grantee. then, and in that event. ~t the optbn of ths AoWer he~eot,
wit6oat notice. sl! aums of money secured hereby shaU, immediately aod cor~currently with such conveyaoce, bsowne \
dtie and pey~ble and said Note and Mortgage aDaU be in default. V
TO HAVE AND TO HOLD the aame. together with all and singuler the teneme~te. be+edi~is and aR 1~ y
p~rtenances tper~unto bebnging or {n anywise appataining and the reversion and reveroioae, retn~inder and r~ .
maipde~s, rents. isaues and profita thtreof aad aL~o s11 the estate. rigtit. tiLk. intere~t. ptope~rty, possession. clajm ud
deinand w6atsoever as well in law as in equity of the eai~d MortgaBor in am! to We same aad every P~tt ud a
p~rcd thereof unW the ~aid Mortgagee. and hia heirs. snccessors and as~igns. in tee simple. ~
And eaid Mortgago~r. for himself. and hi~ heirs. 1ega~ representetives. s~,cressors and assigns. l~ebY o~vsnants
wit6 s~id Mortgagee, hia heira~, legat tePeesentstives. auccessora end assig~ss. t!?at aaid Moctgsgor is indefeasiblY
seised ot said land in fee simple: that tbe eaid Nortgagor haa fnll powrer ancl iswful ri8ht to oonvey t6e same jn fee
simpie ae atoreeaid: that it shaU be lewful tor ~aid Mortgagee. hia heirs, legal repreaentatives, a~s~s and aesigns.
K dl times peacsabfy and quietly W ee~ter upon. 6oW, occupy aod enjoy aaid land and every part tLereof;
that eaid l~nd i~ tree from all incumbrances: that asid Matgagor. lus heirs. 4egat reptesentat'svea. ~sors ud
assigos. will make such further ssauranoes W perfect the fee simple title to said land in sdd Mrotg~ges.
hIs l~eirs. te8d representativea. sueoessor~ and aaaigns. as may reasonsbly be required: and that sajd Mortgag~or
does h~reby [ully warrant the title to said land aad every part theieot end w~71 defend the same ~gsinst t~e
law[ul claima of all per~on~ whomgoever.
It is underatood tAat each of the ~vords. "note". "mortgagor" and "mort8~8~" ~~~Y P'~O°°~°
r+~terring thereto, whether in the singuler or plural anyrnhere in thi~ mort{tagt, shall be aingular if a?e aaty and
ahall be plurai jointly and severaUy. if more thsn one, and ahall be rmxnline. feminine and/or an~ter. wt~rever
tbe coatezt so impliea or admits. .
And said Mortgagor tor him~elf snd hia heirs. legal representatives, euocessors end assigns. hereby covenants and
- agrees w end ~rith said viortqaqee. his leqal represenutives. succesaors and aasigns:
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1. To pay all and ain~lnr the principal and intere~t end the varioua and suadry auma of moaey papabk by . ~
virtue of aaid promissory note. and this mortgage. each and every. promptlY on t6e daya respectivdy t6e esme ~
saverdly become due.
2. To pay a11 and singular the tue~. saae~amente, kvies, liab~7ities, obligations and iacumbraaces of rvecy
natun and kind now on said dexribed property. andlor that henaher may be imposed. anffered. pl~oed. iev~ed
or asseased t6rreupon, and.~or that her~fter may be kvied or assesaed upon thu mortgage and/or the indebtednees -
~ecured hereby. ~ch and every. when due and Qayabk aeoording to L~r. Uetore they bernme delinquent, and ~
• beEore ~ny interest attachee Of iAy pETltIL}~ ia incurrcd: and in so far aa any tl~eof ie of record tt~e same shal) be
- pr~omptlyr satis6ed snd dixharged of r~ecord and the ori,gin~l officW dotuiaeat Isuch as. for instanoe. tbe taz A
eroeipt ar the aatisfaction p~per officiaUy endorsed or certifiedl sluiU be plaoed in the hands oi said Martgages
wtcbin ce~ days n~t afcer p.yma,~ and in cbe event chat any theceot i~ noc eo paid, s.cisfied and disce.r~ed.
said Mortgagee mey ~t aey time paY the s~me or any put t6ereof witha~t waiving or affsctin8 anY oQtion.
lien, ecryity or right u~ or by virtue of this mortgage. and the fuU anoo~at of e~c6 ~nd every such payment sh~ll
be immsdiately due and payable and slufl be~r iaterest from the date thereof until pvd at the nte ot ten per
oeatutn per aanum and together with such intereat ahall be secured by tbe lien of this mortgage.
3. To plaos and oontw~sty kesp on tbe bn~dings now or 6ere~fter sitwte on aaid land fin sad *~ndsWrm•
insuranoe in the usual atandard policy form. in • aum not le.+s thsn the amount dne 6ereon. in such oomQaaY ;
or cotnp~nies as may be approved by said Moct~[agee; and aU soch ins~uanoe policies oa any ot said b~u1din~s. a~q s
interest t6erein or part thereof, in the aggregate sum atore~aid or in ezoess thereof, ahall con4in L6s wud
standard a~ottgagee clau~e makia8 the loee under aaid policies. e~ch and every. P~Yabb to said blottgags~ as hir
intere~t m~y appe~r, and e~ch aed every awch policy ahdl be pcomptly dd'svered to and hdd by s~id Me~t~MG •
~ad. oot isss t6an ten daye in advanoe of tM e:pintion of eacb pdfcy. W del~v~ to said Mataa~ a na~wd #
t~reot. coget6er with e reo~pt for t6e p~+eanium of such rene+.al: and tl~ere s6aU bs no snc6 inwranos pl~ad
aa ~ay ot s~id buiidings. wY intereat theraia or part thereoi. unleas in the iorm and with t1~e ioss p~yable as '
aio~wid: and in tbe ev~t aay sum of orr+ey becomes payable uode~ such policy or policies and said Mort;age~
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~i~Ti.GF REVENUE ~i~'~"~ + ~ O' ~'~'I ~ ~ Q~~~
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