HomeMy WebLinkAbout0391 354062 g~ ~
, THI3 MORTGAGE DFED, made and e:ecuted tAe lat~sy ot March _ 19 - ~
by Robert W. Eckis and Margaret 6. Eckis, his wife of 13195 Arch Creek Terrace,
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heniaafter eaUed ths Morcgagor, which te:m shall include the heir~, legel represantatives. suceessors and assign~ 1
ot the said Mortgagor wherever the context so requires or admits.
to TURTLE REEF ^SSOCIATE3, INC.. P.O. Box 618, Jeosen Beach. Fi. 3345~ ~
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heeeinafter called~ tha Mortgagee, which term ahall include ihe auccessors and asaigns ot tbe ~
said Mortgagee wherever the rnnteat so requirea or admits. ~
~ WITNES3ETH: That tor devera good and valuable con~ide~ations, aad alao in oonsideration of the aggregate aum
named ia the pmmissory note ot even date herewith hereinafter deacribed, the said Mortgagor does l~ereby
graqt, bugaia, eell. aliea, remise, relense, convey sad confirm unto the said Mortgagee, his heire. suooessors atd
assigas. all tAe ce~tain piece.... parceL... or trelt.... of land, of wrhich the ~aid Mortgagor ie ~w eeued ud
posseaeed and ineMual passession, aituate in the County of St. i.ucie snd St~te ot Florida, described as tdbwx
~ A -____"'o undivided incerest in fee simple absolute aa tenant in oommo~
~v ~ in the certain resl property described in tha amended Master Form Deed of 'ltirtle
c g ~ Rsef Condominiums 1, recorded in Official Record Book 256. Page Z3b, eubject to
diveatment aa aet fotth ia said Mester p~~ ,n, a~! ~~n t an
To ~3 er3bP con sti o Unit weelcs 13 l~ ~l~su'tl1n~dlla
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~ o rnnaiating of Apertment Number C-1 ~~~t9 ~~~S~~e~ the rnmmon elementa
D~~ ot 7Lrtk Aeef Condominiums 1 as such is dexribed in said nmended Master Foron Deed.
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~ C ~ 11tis is e purchase money mortgage.
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W It is further agreed be~ween the parties to this mortgage thet~ in addition W the terms snd ooaditione set ;
ont herein, if a conveyance should be mede by the Mortgagor of the premisea herein deecdbed, or eny part F
• thereof, without first obtaining both the written rnnsent of the holder hereof, and an aasumption of thia -
obligatan, in writing, by the new proposed Grantee, then, and in that eveat, at the option of the holder hereof, t
without notice, all sums of money secured hereby shall, immediately and rnncurrently with such oonveyanoe, beoome
due aad payable and said Note and Mortgage shall be in default.
TO HAVE AND TO HO1.D the samc, together aith all and singulaz the tenementa. hereditamenta and sp~
pnttenances t6~eunW bebnging or in anywi+e appertaining ead the reversion snd reversiona, remainder and re~
mainders, rents. is.wea and profita thereof and also all the rstate. ri8ht. title. incerest. property, poasesaion. cWm and
demand w6atsoever a~ well in law as in ~quity of the asid Mortgagvr in er.d to the aame and every part and ~ ~ ~ a~
parcel tbereof unto the said ~lortgagee, er.d his heirs, successoro aad assign.a, in fee simpk. _
~ And said Mortgagor. tor himaetf, and his heire: 1ega1 reptesentative~. successnr~ and sssigna, hereby oonven~nts ~
with aaid Mortgagee, his he'vs, legal representati~•es. succe.ssors and as~ign~, that aaid Mortgagor ie indefess~'bty M
aeized of aaid land in fee simple: thet the said Mortgagor has full power and lawful tight to rnavey the seme in fee ~
aimple as doresaid: that it shell be lewful for ~aid Mortgagee, his heirs, legal repreaet?t~tives, euoceasors and aeeigns. ~
aid
et all times peaceebly and quietly to enter upon, hold, occupy and enjoy ~aid land and every part thee+eof:
that said tsnd is tree from aU incumbrat~: chet said Mortgagor, his heira, legal representatives, sucoe~aors and
rotgages. ~ ~
aasigna, will auke such Turther assuraooe~ to perfect the fee simple title to said land in esid M
' his heirs..legal representatives. su~or~ and assigns. as msy reasonaWy be req~ired: uzd that said Mortgagoe • ~~-i O
' does hereby fully warrant the title to said land and evecy part thereof and w~71 defend the same againet the ~w =
! lswful cieims of all persons whomsoever. - . ~ ~ ~ ~ ~
I It is understood that each of the words. "aote". "mortgago~"' and "mortgagee" re~pectively and the pronouns s r
if one o and
~ teferring tAereto, whether in the singular or plural anywhere in this mortRage. shall be singular tily
~ shaU be plural jointly and severelly. if more than one, and shall be masculine: feminine aadlor neuter, wherever ~ Q,
I the oontezt ao implies or admits. ~ ~
And ~aid Mortgagor for himself and his heir~, tegal repreaentatives, succesaors and aasigna, hereby covenants and ~
~ agree~ to and writh said 11lortgagee. his legal representatives. successors and assign+:
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l. To psy all and aingular the principal and interest and the various and sundry sums of money payeble by . i
virtue of eaid promissory note, and this mortgage. ~ach and every, promptly on the dsya respectively the same
severally beoome dne. `
2. To pay all and singular the tazes, ss~essmeate, levies. liabilities, obligations and incumbrsnces of every J
nature and kind no~v on said described property, andlor that hereefter may be imposed, suffered, placed, levied O
or aex~sed thereupon, and~or that hereafter mey be levied or as~essed upon this mortgage end/or the indebtedneea ^
sacured hereby. each end every, when due and payable according to lew, before they become delinquent, and `
~ before any interest attaches or any penalty is incnrred: and in so fer as any thereof is of record the eame s6a11 be
promptly satisfied and dixharged of record and the original official do~vment Isuch as. for instanoe, t6e tu ~
noei~t or the astisfaction peper officially endor~ed or certifiedl ahall be placed in the hsnds of said Mortgagee '
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wit6in tea days ne:t after peyment: and in the event that any thereof is not so paid, eatisfied and discharged. C'
~ eaid Mortgagee may at any time pay the seme or any part thereof without waiving or aNecting any o~ptto~. C
~ tien. equity or right under or hy virtue of this mortgage. and the full amount of each and every snch payment shaU
~ be immed'utely due aud psyable and shsll bear iaterest from the dste thereot until paid et the rate of tea per
centurn per annum and together wit6 ~uch intereat ahall be secured by the lien of thia mortgage.
3. To pleoe and continuoualy keep on tt~e buildings now or hereaher .situate on said land fire and windsWrm ~
~ in~urance in the usua! standud policy f~n, in e aum not les~ than the amount due hereon. in such oomp~ny
~ or oompanies as may be approved by eaid Mortgagee: ead all auch inswance polic.ies on any ~ of eaid bu~dings. any
~ interest t6ereia or part thereof, in the aggregate sum afore~aid or in exoeea thereof, ehall ooatam t~ usud
standard mortgage~e clauae malcing the loa• under said policies. ~ch and every. peYabk to said Mortgagee as hi~
~ mitzest :nay aQgcar, aad each aad ~•e:; ~sch poliey ~hall ~o pror.tpiiy deliven~c! to erx! heid by eaid Mc~rtgag~ •
and, not kss than ten daye in advance ot the ezpiration of e~ch poBcy, to ddiv~r W said Mort~a~e a e~eeawd
t6er~eof, together with s reoeipt for tbe premium of such renewd: and thee~e ehall be no aueh inmtance pl~ad .
0o anr of eaid buildings. any iaterest therein or part thereof. unleae in tM fam and with the bsa payable es s ;
Joee~aid: ~nd in the event any sum of money becomes psyable under such policy or policies and said Matgagee
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