The URL can be used to link to this page

Home My WebLink About0899 . , . 366443 ~l THIS MOR7'GAGE DFED, mads ~nd executed the ~_day ot Januajy 19 77 ~ by Anqelo Giannotti and L~ina Giannotti, his wife of 14510 Geor~ia St. Riverview, Michigan 48192~ Frank Giannotti and Nickol Giannotti, nis wife hereinaft~ ulled the Mortg~gw, which term ~haU includs ths heua. kgal represent~tive~, eatoss~o~~ and wign~ ; ot the said Mortg~gor wherever the rnntext so requ~n+a or ~dmits. ' to TURTLB REEF AS.SOCIA7'~S, lNC.. P.O. B~ 818. Jeasen Beach. FL 33457 hereinafter cal~d' the Mortgagee, which term ahall iaclude the succeseocs and usigns of ths ~ aaid Mortgagee w~herever the contexc so reqnires or ~dmita. WITNE33ETH: That tor devera Rood end valuabk considerations, Rnd al~o in ooneideration of the aggreqate suna named in the promi~ory note of even dete here~rith he~ein~ft~ described, the eaid Mortg~gnr_ does bereby B*ant, bugain. seU. atiea. nmi~e. releaee. oonvey and rnnfirm unto the eaid Mortgages. his heus. a~cceesoca and aaaigas, a!1 the certain piece.... paroel.... ot trsct.... of land, oi ~rhich the said Morcgzgor is now ~eised aod po~x~sed and 'uuctud pos~essioo, ~ituate in the County ot St. Lucie end State of Florida. deeeribed ss foUowx p 0.1538 undivided intcrrst in fee simpte absolute na tenant in comanoa ~ in the certain real property dexribed in the amended Maater Form Deed ot 7Lrtk Reef Condominiuma 1, recorded in Otticial Re~cord Boolc Zb6. Pag~e 235, aubject to f1D diveslment sa set [oeth in said Ma~ter 3Fo~pn ~?e~d and upon such diveat~? t an ~ _ ~ interval ownerahip consi~ting of Unit .veeks r 4~ 5~__ in Condominium C"1 ~ ~ 3 : ~ g T~ ~ con~iating of Apartment Number and ita nedivided share o( the oommoa elements ~ ; o', ~ a ot 'tlutte Reef Condominiums 1 a~ such ia deacribed in eaid amended Master Form Deed. ~ N~ _ ~ ro ~ ~ Q. ; D o~ This is a purchase money mortgage• . _ , ~ ~ ~ . ~ ~ ~ ~ ~ It is further agreed between the parties to thie mortgsg~e that, in addition to the te~me aad oonditions ast • ~ a~}t hereein, if e conveyance should be roade by the Mortgsgor of the premisae h~eitn de~ibed, or any part ~ ~ h tTiereof, w~ithout firat obtaining both the ~rritten conaent oi the hoider hereof, and an ~ssumption oE this ~ obUgation, in ~rriting, by the new proposed Grantee, then, and in that event, at the optioh of the hoider hereoi, Q without notice, all ~um~ ot ~ inoney secured hereby shaU, immediately and cancurrentiy with auch eonveyaace. beoome ~ ~ due and payabte and asid Note and Mortgage ~hall be in default. ~ ; TO HAVE AND TO HOI.D the same, together aith ali and singular the tenemente, hereditaa~enta and'ap~ pnrtenances Nereuato bebnging or in anywise sppe~taining and tbe reveraion and n~v~sions, rea~ainder and r~ ~ ~ maindera. renta. iasuee aad profits th~eoi and aleo all the eatate. right. titie. interest. P~Y. P~eanion. claim aad ~ 1 demand wlutecever as weU in lav~ aa in equity of the said Mortgagor in and to the same and every pat and c pareel thereof unto the s+sid Mortgagee, and his heir~, soccessors and a~siqns, in fee simpk. And said Mortgagor, far himself, ead hi~ heirs, tegal npresentatives, successors and asaigna, 6enby o~venante ~ wit6 aaid Mortgagee, his he'vs, legal repreaentativea, auccessora and assigns. t6st eaid Mortgag~ ia indefeast'bly seized of said land in fee simple: that the'seid Mortgegor lus full power and inwful rigLt to oonvey Che aame in fee simpk es sforesaid: t6at it ahall be law~fut for said Mortgagee, his heira, tegal repr+exatatives, sncce~o~a and aseigns, at all timea p~ceably and quietly to enter upon. hold. occnpy and enjoy seid 4nd aad every part ti~reof: tAat said Iand ia free from all incumbranoee: that said Mortgagor, his heirs, legal repreaentativea, eucceaaors and assigns, will make auch further sasuranoea to perfect the tee aimple title to said land in ssid Mrotgagee. hia heirs. legal representatives. suece+sore and assigns. as may reaeonabty be required: and that said Mortgagor ~ f doea hereby fiilly warrant the t~tle to said land and every psrt thercof aad w~l defend t6e asme against the Iawfu! cleim~ of all person~ whom.9oever. , 1~ ° ~ It ia under~tood that each of the ~roTds, "note". "moetgagor" and "rnortgsgee" respectively and the pranouns r+eferring thereto, whether in the singular or plural any~vhere in this mortgage, shaU be aingulsr if one only and ~ ~hall be plural jointly and severally, if more than one, and shall be masculine, feminine end/or neuter, wherever the oontezt eo implies or admits. And said Mortgagor fo~ himself and hia heirs, legal representatives, succe~ora and aaaigns. 6ereby oovenanta and ~greea to and with said Mortgagee, his legal representatives, successors and assigns: - 1. To pay eU and singular the principal and interest and the vario~s and sundry suma of money payable by , j virtue of eaid promissory note, and this mortgage. each and every: promptly on the days respectively the same ~evereIly become due. 2. To psy all and singulsr the tues, assessmenta, levies, liabilities, obligationa and incumbrancea of every nature aad kind now on said deacribed propercy, andlor that hereafter may be impo~ed, suffered, plsced. {evied or sssa~sed thereupon. and/or that hereafter may be levied or eesessed upon thia mortgage and/or the indebtednees secured h~tby, each and every, when due ared peyabk according to law, before they become delioquenk and , • bef~e any intereat attaches ar any penaity ia incurred: end in so far as any thereof ia of reoord the seme sbaD be ' ' • promptly eatiaSed and discharged of record and the original official document Isnch as, for instanoe, ibe tai ~ noeipt or the satisfaction paper otficislly encbrsed or certifiedl shaII be plaoed in the Mnds of eaid Ma~t~agee witi~in tea dsys n~t atter payment: and in the event that eny thereof is not so paid, aatiafied and disch~rged, sald Mortgagee msy at any time pay the same or any psrt tbereoi wit,hont waiving or affeMing any aption, ~ lien, equity or right under or by virtue of this mortgage, and the full amonnt of eech and every snc6 psym~t ahail be immediately due and payabk and ahall bear interest from the date thereof unt~7 paid et t6e rate of ten pet c~N.un per annum and together with such interest shall be secured•by the iien of this mortgage. 3. To place and continuoualy keep on the buildinga now or hereaker situste on said land fire and windatorm inaurente in the u~ual atendsrd policy form, in a aum not lesa than the amount due hereon, in surh oompany or companies sa mey be approved by said Mortgagee; and a11 aucb insursnce poluiee on any of said bu~7dings. eny inte~at tlkrein or part thereof, in the aggregate sum atore~aid or in ezcesa thereof, al~aU contain tLe uswl standard mortgagee clau~e meking the iosi~ under said policie~, e~ch and every, paynbk w eaid Mortgages as his int~erest may appear, and eech and every suc6 policy a6aU be promptly delivered to and htid by said Mat~w~ • ~ad. not leas l6an ten daya in adv~noe of t6e e=pirati~ d eaeh ~policy, w deNvar to ~aid Moetgaees a r~arw~l tbreof. together with • teoeipt for tbe preoniam of auch e+eae~ra~and there ahell be no auch insaranoe pLo~d on tny of sdd bu~dings. any intere~t therein or part thereot. u ia the tarm and with t6e bas p~yabk ea ' da~eraid: and in the eveat aay sum of awney becom~ peyable under auch paticy or policies and ~aid Mortgagee ' f S TAT ~ ~ i r-, ~ ~ ~ ~ < ~ ~n nG~_liYiFlt",-ili~..-="- iT~;~4P 'f+t - - - - . w_ _ i ~ R ~Q ~ c • n.~;. L~ itfti:~~t~z~-:.•~-'':', ~p ~ s.; _ _ , ~ _ ~ ~ c ; 600K ~+VO PA6E $Z!O P 8. ~ ~D t~ i 9. 9 ~ ' ' ~