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HomeMy WebLinkAbout0824 - ~ ~ 364366 TH13 MORT(:AGB O~FD. made and e:i+cuted tM 21__ d~y at _l"~CL~__-____---.~. lY 77 by D. Hugh _Kenny a~d Luci 1 e_ M. Kenn~r,_hi s wi fe of 640 Mai n Street Onekama, MI 49615 l~inattK eaUed the Mon,ga~, -wAich term ~hall ioclude tM heir~. {sRal npr~ntativee. wcc~won ~nd wi~tu ot t!?s said Mort~o? w~herover ths contr:t so requlrs~ or ~dmits. ~ W TURTLE RBEF AS.SOCIATE3, INC.. P.O. Bo: 818, Jeneea EieacA, Pi. 33l57 h~in~fter c~Usd tta~ Mwtg~gee. which ttrm shaU inciuds ths s~~~~ ~ ~ t~ ~ •aid Mortg~ges whe~evsr the rnnte:t ao nquires or ~dmib. ; WlTNBSSETH: 'Mut tor deverr Rood and v~lu~bk conalderations. ~nd al~o in consideratan ot ths ~ggreq~ts ium ` n~med in the promiusory ootr of even date here~vith hereinatter clesc~bed, tAs said Mort~g~or does bsreby sraat, bugain, seU, aliea, remiss, relerss, convev and contirm unW tAe naid Mortg~ges, his heirs, wec~on aa1 as~igns, dl the cert~in piece.... parcel.... or tract.... o( land. ot which the said Mortgasor ii now ~eir,ed aod p~s~ss~sd ~nd iaactual posse~san, situate in the County ot St. I.ucie ~nd ~tate oi Rbrid~, described u fdbwx A--~-----_._ _ ~r. undividrd interest in fee aimpk absolute ae ten~nt in common in the certain real prope~ty dexribed in the •mended Master F'orm Deed of 1lutle Reet Condominiums l, recorded in Otficial Record Bool~ 2b6. Paqs 235. subject to - diventment as set forth in aaid M~ster Rorm Doed ~nd upon such div~stment an ; = interval o*mership con~iating ot Unit ~veek+ _il.__~IL~~ in Cortdominium _~-g , ~ consiating of Apartmeat Number C'$._ end ita undivided share of the rnmmon ekments _ ot 7Lrtb Ree1 Condominiams 1 a~ such i~ dexribed in saed smendrd Msater Form Deed. ~J Thia is s purchase money mortgage_ _ _ C~ = lt is turtAer ~greed betr?een the p+rties to thi~ mortgsqe that, in addition to the terms and cw~ditiow set \ out herein, it • rnnvevance should he msde by the MortRagor ot the premi~es fierein desctibed, or tay part th~eof, without 8rst obt~ininR both the written consent of the Mlder hereof, and an asaumption o! thit oDlig~t'an. in writing, by tl~e new propoxd Grantee, then, and in that event. ~t the optio~ of tAe holder l~~eof. L; witha~t notice, aU sums of money secured hereby ~hap. immediacely and concurrently with ~uch oonveyanoe, beoome due and p~yabk ~ad said Note and Mortgage shaU be in det~ult. TO HAVE AND TO NOLD the aame, togrthe~r w~ith ell end singulu the t,enemeate, 6er~editamenta and ap~ ~ purteaances tAereunto bebnging or in anvwrix •ppertainiag and the reversion and rev~ions, remainde~ and r~ m~inder~. rents. issues ~nd profita thereot and sLx~ all the estate. right. title. interest. P~Y. P~. claim and deta~nd whateoever aa weU in law ae in equity ot the aaid Mortgagor in and to t6e sams ~nd every part and parce) tl~ereo! unto the ~aid Mortgagee. and his heirs, sutceseora ~nd es~igne: in fee ~impk. And said Mortgagor. tor himself. a~ 1?i+ heirs. kgal repreae~tatives. s~~cresx?rs and assigns, hereby oonve~nts ' with s~id Mortgagr~e. hi~ heira. kgal representativea. aucce~.+ots and eusiRn~. that aaid Mortgagor is lndefe~aibly seired o( said land in tee simpk: that t6e asid Mortgagor hae fuD po~rer and le~wful right to oonvey the same in fee simpb as atoresaid: th~t it ehal! be lawtul fa uid Mortgagee. hia heire. kqal repreaentatives, sucoessors ~nd asuges, • ~ - at dl times pacbbly and quietly to entrr upon, hold, oecupy and enjoy s~id laad and every p~rt thereof; i ~ I t6at said land is free from aU incumbrances: that said Mortgagor. his heira. kgal representatives, sucerssors and i wiga~ wiU make ~ucA further asauranoes to p~rtKt the fee simpk title to said' Vnd w s~id Mrot~e~, a Q - his Aeirs. kgal representativea. successora and nssigns. a~ may re~sonably be required: ~nd tlut s~id MoRaagot ~ I does hereby tutly ~rarrant the titk to said land and every part thereof and wriU detend the same against the ~ ' I~RfUI CJ~llil' O~ ~U PCraOIIS M'10T11~J0lVK. . y. ~ , d ~ ~ . lt is understood that each of the word~. "note". "mortgaptor" a~ "tnortgagee" respectively ~nd the pm~ouns =~~'r~S 3 nd reterring thereto, w~hether in the sinRular or plural anyrvhere in this mortgaqe, sMl! be ~ingular if ooe only ~nd nd shall be plura) jointly and xveraUp, it rtwre than one, and ahall be maxuline, feminine andlor neut~r, wheraver ~ o`'s the conte:t ~o impliea or admit~. a°c ti r ~ And aaid MortRagor (or himself s~ his heirs. le~l repreaentativee. auaes~y and aasige~. hereby oovenenta and ~ i agrees W and writA ~aid Nortgagee, his kgal rtpresentatives, successora and sssigns: ~j'„'~, F a I N J ~ . ~ ~ ! l. To pay aU and ainRuler the princi 1 end intereat •nd the varioue and eu ~ a . ; Pa ndry sume ot money P~Yabk by ~ ; virtue ot said promissory note, and thia mortgage, each snd every, promptly on the daye rospeMivdy the eaa~s u - xverally become due. s~ ~ ~ ~ 2. To pay al! •nd ~inqular the ta:es, asxs~menta, kvies, lisbilities, obGqatioa~ and ie~cvmbrances of every { nature and kind now on said dexribed property, and~or that hereafter may be imposed, suffered, plaad, kvied ~ or assessed thereupon, and?or that hereatter may be kvied or a~~sed upon thia mortgsge aed/or the indebtedneas ~ secured hereby, each and every, when due and peyabk according w law, before they become deliaquent, and ~ betor+e any interest attaches or any penalty is incnrred: s~ in eo far ae any ther~eof ia ot record t6e same sft~ll be ~ ' promptly satisfied and discharged ot recor~ end the original otficisl docament Isuch as, tor inet~noe, tbs tu ~ i r~aipt or tbe satist~ction p~per oft~cially endoraed or certifiedl shdl be pl~oed in the hands ot s~id Mortgages wkhin tea day~ aeat ~fter p~yment: and in the event ttut any t6ereot is twt eo paid. satisfied and discl~r~ed, ~d Morcgagee may at any time pay the same or any part thereof withont waiving or affecting any optioo, lien. equity or rig6t under or by virtue ot this mortgage, aad the full amount of each and every such p~ymeat shaU be immediately due and p~yabk and ahall be~r int~erest irom tbe date tl~eieot until paid at the nte of teo per C!f?LIIIL p!f ~Ot711~1 •nd eoget6er writh such in~t ahaU be ~ecured by the lien ot thie mortg~ge. 3. To place and continuoualr Ice~p on the bui{d'tngs now or t~ere~tter sitwte oa said land 6re and windsiam insuranc~ in tlu ueual atandard policy farm, in • eum not {eas than the amount due hereoa, in such oom~pany ' or companiea ss may be epproved by said Mortg~gee; ~nd all sucb insur~nce poticies on any of said buiWiags, any irwtarest therein or p~rt thereoi. in the ag~eqate aum aforeaaid or in e:cess thereot, shall coataia th~ uwl ~ndard mortgagee clau~e making the {os~• ueder aaid policies. ~ch and every. p~yabie w sald Martgagae as ~ ~ iatere~t m~y app~ar. and each and every euch Qolicy shaU be pranptty delivarsd to ~nd he{d by s~id Mort+ptwc - and, not 4ss than ten days in advarxe of t6s ~piration ot e~ch policy, to dsltwr W~ajd ~tort`a~ ~ ~a~w~l tbRSCf. togetber with • receipt for the premium ot suc6 renewal: and thers sball b~ tw suc.h in~uttno~ pbcnd 00 ~ay ot said buildings. any interest tl~erein or part thereot. unkss in the torm ~nd with ths ba p~yable as ' JonraW: ~nd 'w the evsot anr sum ot money becomes p~yabk under such policy or policies aad sajd Mort~grs ` ~ ~~$7 ~ ~ • - , t_.. . ~,~:R~ ~ 4 ~:~y -