The URL can be used to link to this page

Home My WebLink About0859 . ~ rl `b 3643~ TH13 MORTL;AGF Uk ED. made ~nd exeruted the _ 27_d~y ot ~rCh- 19 by _ Martin_N._ Oelrich and Helen M. Oelrich his wlfe of _ - 1222 N.W. 34th Street, Gainesville, FL 32605 - ~ - - - - I~ina}tK eaUed the Mortga~, which term shtll include tM heira. legal rspresenqtive~. auco~s~ors ~nd a~aisn~ ot ths naid MoKgagor ~vherever the conte:t eo Mquirea or ~dmits, i w TURTLB REEF A3.SOCIATF.S, iNC.. P.O. E3o= 818, Jensen Be~ch. Ft. 3:i457 ~ hersinafter caUed the Mortg~~, .vhicA tMm shaU inctude tAe successor~ ~nd a~siRni ot tM aaid Mort~ages wAerever the context so rnquirea or admit~. WITN~SSF.TN: That tor de~•er~ Kcx~d and velu++t~le consideratione, and also in conaideration ot the agRreg~te sum named in the pmmissory note oi even date he~ew~ith hereinafter de+criAe~, the said Mortgagor doN lieteby grant, bargaio, aell. ~lien, romise, releax, rnnvey and confirm unw the ,aid Mort~gee, hi~ he~rs, ~ot~ u~d ~ aa~igns, d1 th~+ certain piece..., psrcel.... or trart... ot land, ot whicA the aaid Mortgagor is now seised ~nd posaeased end inactual pos+ession, situate in the County oi St. I.ucie and State ot Fbrida, deseribsd ~s tofbwx A_---- "F undivided intere+~ in (ee ~imple abaol~Ir uo tenant in common I ~ in the certain real propeny dexribrd in the amended Msste~ Form Deed ot '!`artk t, Reef Cortdominium~ 1, recorded in Officia! Record Book 2b6, P~~ 23b, subjeet to ~ y dlveatment a~ xt torth in said Master Fonn I)eed and uj+on such diveatment an ~ ~ vi,~',-, interv~) o~vnerahip con~istinR of t~nit ~rerks~~_2_aqd~$n Condominium r_~~ > ~r . Q~- consisting ot Apartment Number C-2___, and ita undivided share of the common ekments r ot 7Lrtk Reef Condominium+ I er such i~ dexribtd in said amended ~laster Form Deed. - Thia is a purcheae monev mortRa~e. r ~ • !t i~ further agrred bet~reen tAe perties to thi~ mongage that, ia addition to the terms ~nd oonditioas sK out herein, it • conveyance +hould he made by the MortRagor ot the premixa herein dexribed, or any p~tt ~ ~t' l~ thereot, without first obtaining both the w~rittcn conse~t ot the hoider heroof, and an assumption ot thi~ $ ~ oblig~tion, in writing, by the newr propoxd Grantee. then, arsd in that event, et the option of the hoider M~eot, ~ ~ ~ , witlwut notite. all sumr of mone~ aecured hereby ahall. immediately and concurrently with euth convey~aee. become ~ a 2 ! due and p~yabk and said Note end MortRaRe shaU be in default. ~ ~ a s~ TO HAVE AND TO Hnt.D the ~ame. togetRer with aU and singular the tenementa. 6erediun~eets wd a{? j ~ ~ thereuAw bebn "n or in en~~vix ~ ini ~nd the reversion end reveroions, remainder and rs ' p~?~~ R . PPKta ~8 ~i I m~inders. reote. issuea and proCtR thereof and also dl the e~ute. right. titk. interc-~t. P~~R P~~. ~ I demand wh~teaever aa well in taw as in equity ot the ssid Mortgeq~ in nnd tc~ the same and every patt ~nd ~ ~ paroel thereof unto the said NortRagee, and Ais heirs. ±uccesson and ~ssign+. ;n tee ~imple. ~ And said Mortgagor, tor himself, and hia heir~, kgal reptesentative~, suc~essnra sad asaigns, hereby oonvetLab v ~ with said Mortgagee. his heirs. teRal rcpreaenlatives. auccessors and assi~ns. tMt ~aid Mortgagor is iadefe~eiDty » ~ i s e i u d o f s a i d l a n d i n t e e s i m p l e: t h a t t h e a a i d ~ 1 o n~ g o r h a a f u U p o w~ e r a n d l a w f u l r i g h t t o c o n v e y t h e a a m e i n t e e ; sim p l e ae a foreaaid: tlsat it shatl be Iswfu) for ~aid titortgagee, hi~ heir~. tegal representativea, sucteason ~nd assigns, ~ i at all timee pe~ceebly and quietly to enter upon, hoW. occupy and enjoy aaid land and every p~rt tseteof; ~ ~ i that said land ia iree irom all incumbnnces: tAst said Mortgagor, his heirs, leRsl representativea, aucaeason and i assigns, will roake such farther assunncea to perfect the tee simpk title to aaid land in uid Mrotg~gee. ( his heirs, legal represeatatives. ~uceeasors and usiqn~. sa mey re~sonably be required: and that ~tid Macigag~or i does hereby tully ~aarrant the title to seid land and every pert thereof and w~ill detend tAe same against the lawful claim~ of al! per+ons whomwiever i lt is understood that eacA of the words. "note". "mortgsqor" and "mortRagee" respectivdy and tbe pronouas 'i reterring thereto, whether in the sinKular or plural anywhere in this mortRage, shaU be sinRular if one oniy and ; ~hdl be plural joindy end ~everalir, if more than one, and shsll be masculine, teminine ~ndfor oeuter, wl~erever ~ the rnnte:t ~o impGes or admit~. i I Md said 141ortRagor for him~elf and hi~ heir~. {ega! repre~entatives, euccesso~ snd sssiqne, henby covenants and ~ agrees to and writh said NongaKee, his leqal representativee, succes_+oro and assiges: i 1. To pey sU and sinRular the principsl and interest and the varioua and sundry suma of money p~yable by . - ~ virtue of said promiasory note, and thie mortReqe, each end even•, promptly on tAe daya respertivdy the eame I xverelly become due. I 2. To pay all and singular the ta:ea, aaxa~ment~. k~~es. liabilitie~, obligationa and incvmbnnces of rvery nature and Icind now on said described proprrty, and/or that hereafter may be imposed, suftertd, plaoed, kvied ~ or asseeeed thereupon. and~or that hereatter may be kvied or asxssed upon this mortRaRe and'or the indebtednese ! secnred he~eby, each and every, when due and paysbk according to law, betore they beeome de4nquent, snd • betore any interest attache~ or any penalty ie incurred: snd in ao ter as any thereot is of record ths satne a1u11 be ~ ~ pcomptly satiafied and dixAargrd of record and the original of~icial document lauch aa, for instanoe, tbe tas c~aipt or the satiataction p~per officially endorsed or certifiedl ~h~U be placed in t6e hands of said Mortaagee j wkhin te~ days ne:t after payment: and in tl~e event that any thereof is not so paid. satisfied ~nd disclurged, ~ nid Mortgagee may at sny time p~y the eame or any part thereof without waiving or affettiog any option, Ijsn, equity or right under or by virtue ot thi~ mortg~ge. ~nd the full amwnt ot e~ch and evay such peyment sh~D b~ immed'utely due end p~yabk and ehall bear interest from the date thereof until p~id at the rate of ten per oenturn pet ~nnum end together writh such interest ahall be secured by the Gen ot this mortgage. 3. To place and rnntinuouely kesp on tbe buildings now or Mereafter sitwte on said land fcre and windstarw insurance in the usual ~tandard poliey t~m, in ~ eum not beas than the amooet due hereon. in ~uch oomp~ny or comp~nies as mey be approved by aaid Mortgagee: ~nd all auch in~unnce pdicies on any ot said b~ildinp, any iutereet therein or part thareot. in the a~req~te sum sforesaid or in e:oea~ thereot. shaD oot?tain ths ttw~al ~tand~td mortgagee clau~e rtukinR the {oa~ under said polic~a. each and every, p~yabk to said Matg~gee sr ~ iwtare~t m~y appear, end each ~nd eve~y ~wch polky shaU be promptly ddivered w and held by ~aid ~tortp~c • ~ ~nd, not lesa tlun ten days in advance of tM s:pir~tion oi each polky, to ddjvsr to said Mort~~ ~ na~wal ! tbereot, togetber with ~ raoeipt ior the premium ot sueh renswd: and tl~ee~e shaU be no sue6 insurmos pi~e~d ao a~ of e~id buildings. any interest therein or part chereof. unkss in the tam ~nd with tAe loss p~yabk ~s ' do~ld: and in tbs event any sum of money become~ p~yabk urder such poUcy or polieira and said Mortgagw i~ • R e0~~i~~ ~ ~'J? ` ~