HomeMy WebLinkAbout0849 d'
. 364381
TNI9 MOR7'(:AGE DF.F:[). made ~nd e:aruted the 12__. a.y oi ___March 19 .
by -~-9h_-- A.--willsy--Qf_.~Ql I~L _1_1Lh, _ TcaYerse_~i.ty..._ML_-9q6~4.---------
lwninaftK caUsd ths MortgaRor. which term ilull includs tM hsiri, {egal np~atatlva. succeNOA ~nd aa~ian~ 1
ot ths safd MoKgago~ ~r~erave? ~he contest so roquires or ~dmits.
W TURTI.E REEF A3.SOCIATF3, INC.. P.O. Bo: 618, Jensen E3e~ch, PI. 33151
herein~ft~ eaUsd the Mortg~gee. ~rhich term sARll includ~ ths sucee~~ ~ad a~sign~ ot th~
s~id Mwt~gee wherever the conte:t so rcquire~ or admiLs. ' ~
WITNE3SETH: That tor devers ~ood •nd valueble~ considerations, end aleo in oonsider~tion ot tM ag~e~te wm `7 ~
aamed in tAe promissory note ot even date herewith 1?ereinafter deecribed, tM ssid Mort~~g~ot doe~ hKeby
grant, ~argaia. ~ell, alien, remise, rele~se, eonvey and eonfvm unto the suid Martgages. hL heirs, woow~on ud u~~
assigtu, aU the certain piece..., parceL... or tract.... of land, ot which ~hr aud Mortgasor i~ tww ~eired . and
pos~eased ~nd inectual possesaion, sitwte in the County o( 3t. [.ucie and Sute ot Florid~, de~d~ibed ~s toUow~ Q
A-_---------_-- --..~+6 undivided intereat in tee ~impk ~bsolute as tenant in caomawn
in the certain real property dexribed in the amended Master Form Deed ot 71~rt1e
~ Reet Coadominiums 1, recorded in Otficial Retord Hook 256, P~~ 236, subject to ~
J diveatment aa aet torth in said Maeter Form Oeed and upon suc~ divestmeut ~n Q~
_ - inten•al o~vner~hip cansi~ting oi llnit w~mk~ in Condominium C-3 , s~ ~ ~\v
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> co~sistinR ot Apartment Number C.'3_ , snd ita undivided share of the com~o4 elements ~
ot 7ltrtk Reet Candominium• 1 a~ such is dexribed in said smendcd Maste? Form Deed. ~ ~ ~
~ This is a purchax mone~ mortgage. ~
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~ ; It i~ tuKher agreed between the p~eties to thi~ mo~tqage that, in ~ddition W tlu term~ and oonditions Mt ~
~ ~ut herein, it a conveyance should be ma~1e Ay the Mortgsgor oi lAe premises l~erein ddetibed, or aay ~wt ~
:~ereof, w~ithout fint obtaining both the ~vritten consent ot the Aolder hereot, and an ~swmption ot thi~
~blig~tion, it~ w~riting. by the new propased Grantee, then. ~nd in that event, at the optan oi the hoWer l~eof,
without notice. ~ll sums of money ~ecvted i~ereby~ahall, imm!diately and rnncutret?tiy ~rith such wnveyuioa betoms i •
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' due and p~yabk and aaid Note and Nortgaqr ~hall be in detault. ~ ~
~ TO HAVE AND '1`~ HOLO the same, togelher with all ~nd eingular che tenements, bereditaments ~nd ap
purtenaaces t6areunto bebnging or in anywix eppertainiag and~ the reversion and revereions, rea~nde~ and rs ~
I m~inders, tents. issuea tad pm~ite thereot and alao all tbe estate, right, title, intm~at. property, posss~aon, cLitn ~ad ?
dcm~nd ~rlutsoever as well in law as in rquity ot tbe stid Mortgagor in ind to tbe aame and every part ~nd
~n
I~ p~rcel thereof unto the said Mortgaqer.. and hi~ heira, sncceasors and e~~iRna, in fee simpk. s
! And eaid Mortg~gor, tor Aimself, end hi~ heir~, {eqal reprosentatives, succesy~r~ and assigns, hereby coov~enants
~ with said Mortgsgee. hia heire. kAal rcpreaentatives. ~ueceasore snd assigna. that s~id Mortg~go~ is iwdefesn'bly
I seised of eaid land in tee simpk: that the said Mortgagor lue full power and ls~rtul right to rnavay tbe same in tee
~ aimp{s as atore~aid: thet it shall be lawtu! for eaid Mortgagee. hi~ heirs. {egal repre~entatives. suceessors and assiRnt,
; ~t all timea pe~ceably and quietly to enter upon, hotd. occupy and enjoy s~id laad and every p~rt thareof:
that said land i~ free from all incumbrances: th~t aaid Nortgagor, hie heira, lega! repreaent~tives, sucoessors and
I assigas, will malce auch further as~urar~ to perfect the tee aimp{e titJe W said land in said Mrotgagee,
his l~eirs, kgsl representatives, eucceaeoro and assigns, aa may re~sonably be required: and that said Martg~gor
~ does herrby [uUy w+arrant the title to ~aid land and every pen thereot and wiU detend the eame against tbe
la~rful claim~ ot al! person~ whom~oever.
~ it is underatood that each of the ~vorda. "note". "mortgagor" and "mortgagee" reapectively ~nd the pmoouns
I
I re(erring thereto. whether in the sinRulsr cK plural anyw~here ie thi~ mortRage, aha0 be singolar it one only and
~ sluU be plural jointty and severally, if more than one, and ahall be rt~cu6ne, feminine and/or ne.wter, wMrever
the oonte:t ~o implies or edmits.
I
~ Aad s~id Mortgagor for him~ell end Ais heiro, legal repreaentat~ves, stuca~eore and assign~, hereby ooveaanq ~nd
f agrees W and w~ith ssid 1lortgaRee, his IeKal repre~entatives, aucce~~ore end aseign~:
i
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~ 1. To pay aU and ~in~uler the principsl and intereat end the variou~ and sundry euma of money payable by , i
virtue ot said promiaaory note, and this mortRage, each and every, promptly on the days reapectively the aame
~ xverally become due.
~
~ 2. To pay aU and ~inguler the ta:ee, asseaamenta, kviee, liabilities, obligationa aad incumbranoea ot rvery
nature and kind now on said dexribed property, andior thst hereafter may be impesed, auftered, plated, levied
~ ar ~axssed thereupon, and.~or that hereafter may be levied or aaseased upon thir mortgage andlor the indebtedness
9 secured hereby. each snd every. .vhen due and payabk according w Is~v, betore they beoome delioquent, and ~
~ ~ before any intereet attaches or any penalty is incurred: snd in so (ar an any thueot is of record the tame slWl be ~ -
~ promptly satisfied and dixharged of record snd the original oificial document lauch as, for instanos, tlis taz
i e+~aipt or the s~tisfsctan p~per officially endorsed or certificdl shall be plaoed in the hands ot aaid Mataag~ee
C wkhin ten daps ne:t atter payment; and in the event that any thereot ie ~wt so paid, satisfied and disch~r~ed,
~ nid Mortgagee may at any time p~y the same or any part tt~eot ~ritbout waiving or aHeetlns any option,
liai. equity or right under or by virtue ot this mortq~ge. ~nd the full amount ot e~ch ~nd every such p~yment a~hall
be immed'utely due and peyabk and ahdl be~r intereet from ihe d~te thereof unu'1 paid at the nte of t~en per
aoturn pet annum and together with such interest shall be secured by the lien ot tltia mortg~ge.
3. To place end continuou~ty Iceep on tbe buildings now or hereafter sitwte on said lar~d fire and windstatn
insursnce in the uaual atandud policy torm, in e sum eot kss than the amount due .~ereoo, in such oomp~ny
or comp~niea es may be approved by aaid :Nortg~gee: ~nd all suc6 insurance policies on aay oi said bu~7din~s, any
' iutsreat thereia or part thereot, in the a~ate aam atoreaaid or in e:ceas thereof, shaU oont~in th~ uwW
standard mortgagee clau~e making the tos.. under said poticiee. eac!! and every, p~y~ble w said Matpgs~ u 6i~
int~e~t m~y appear. a~ e~ch and every wch poliey etuU be promptly deNv~ed to and heW by s~d Moryap« .
• ~nd, not less than teo days in advance oi che e:pintan ot e~ch poUep, to ddiv~r W~ald b[ett~~ • erew~l
j tlwrsof. togetba with ~ reoeipt for lbe premium of suc6 renewd: ud there shall be ao snch tnn~t~ao~ pi~ad
ao aar ot said bulldings. aay interest !lbrein or part thereof. unkas in tbe fo~m and with the losa p~y~bis as . '
afo~eMW: and in t6e evsnt wy n~m ot ma~ey become~ payable under such policy or policlea wd said Mat6a~w ~
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