The URL can be used to link to this page

Home My WebLink About0843 ~ ~~9~'7i~, ~ / THIS MOR7'GAG~ DEBD, made artd e:ecuted the ~.6___d.y o~ Apri 1 ld7 ~ by Leonard H. Magnor and Anna Marie_Magnor, his wife of 6603 Nathan Dr1ve, N. Jacksonville, FL 32216 . ~ Iwrdnatter calkd ths Mort~gor, w4ich term ahaU include tl~s heirs, legd ~ep~eatativss. suewaors and aaigo~ ot the sald Moctgago~ wherever lhe conte:t so requires or admits, W TURTLE REEF A3.90CIATES, INC., P.O. Bo: 618, Jenacn Beach, Rl. 3346? heroinafter eallsd' the Mortg~gee, which term ahaU iuclude the successon aad assigns ot ths aaid Mottg~gee wherever the rnnte:t eo requues or ~d~nits. WITNESSETH: That fot daven good and v~luabk conaider~tione, and at~o in ooosidention of the aggregate ntm named in the promiasory note ot even date hecewith Aereinatter descriF~ed, the aaid Mortgagor doss hereby graat, bugala, sell, alien, remise, relesse, convey snd confirm unto the uid Mortgagee. his heirs, suceessors and assigns, aU the certain piece••-. parcel•••• ~ tract.... ot land, of which the said Mortgagor i~ now ~eised and poseessed and inactual posse4sion, sitwts in the County ot 3t. Lucie end Scate ot Fbrida, desaibed aa idbwx ~ 4~ r~i x r ~ , J A )(~(~J(X XX undivided interest in tee simple absolute as tenant in common ~ M ~ in the certain real prope~rty described in the amended Mester Form Deed ot 'Itirtk n o~n i6 ~ ~ Reei Condominiums 1. recorded in OfRcial Record Book 25R. F'age 235. subject to ? diveatmeat as set forth in said Ma~ter Form Deed. and u n auch divesta~t aa ~~q ~ + 7Dc~u interval ownerahip consiating of Unit ~veel~ in Condominium ~-1~- ~S f., ~ z ~ ~ ~ v ~ consisting ot Apartment Number C-17 ~ad ita undivided share of the rnmmon elemeats m 1 ~~n ot 7Lrtle Reef Condominiums 1 aa such is dexribed in said amended Maater Form Deed. ~~~o~ ro z .s ~ ~Tn~n'~ ~ ~ Q This ia s purcha~e money mortqage. ~ y'~ ~ a ~ < . It is turther agreed between the particy w thia mortgage that. in addition to the terms a~d oonditions est oat herein. if a conveyance ahould be mede by the Mortgagor ot the premiaes harein described, or ~nY P~'t ~ t6~eof, without 5rat obtaining both the written consent of the holder hereof, aad an aasumption ot this obtigation, in writiug, by the new proposed Grantee, then, and in that event, at the option of the ho{der hereof, ~ withwit aotice. all ~um~ ot money secared. h~eby sha4 immediately and concurrently writh such conveyanoe, beeome ~ due end psyable and ~sid Note sn~! Mortgege shall be in default. TO HAVE AND TO HOIA the same. togethar with aU and ainguWr the tenemente, hereditamei?ts and ap~ purtenaeoss Lhere~nW bebnging or in eny~vix eppertaining and the reversion and reversions, remtind~ and rs coaind~re. nata. iasues and profits thereof end aL~o all the estate. right. title. in!erest. P~Y. P~aa claita and demand whataoever a~ well in lew e~ in equity ot the said Mortgagor in and to the aame and every part and parcel thereof uaW the stid Mortgagee, and hi~ heirs, aucceasors and assigns, in fee aimple. And said Mortgagor, tor himaelf, nnd 1us ne~rs, iegai repreeen~.acivt~. sucx~?yur:, ar?~i aasi~us, i,o~ei?y ~.w?:~~~ with eaid Mortgagee. his heira. legal representativea, succea~ors and aasigna. that said Mortgagor is indefeasiWy seized ot said Isnd in tee simple: that the ~tid Mortgagor haa full po~ver and lawrful right W oonvey the aame in fee eimple as afore~aid; thet it shaU be lawful for aeid Mortgaqee, his heir~, tegal representatives, succeseors and assigins, et all timea peaceably and quietly W enter upon, hold, occupy and enjoy ~aid land aad evrry psrt thst'eo~: thst said land ie froe from alt incumtxanoee: that said Nortgagor. his I~eirs. legal repreeeatatives. aucoeaao~s and assigns, will make sach further sssurauces to perfect the Eee aimple title to said land ia eaid Mrotgagee. his heire, lega! representatives, e~tceaeors and aaaigns, sa may reseonably be required: and that atid Mattgagor dob hereby fully warrant the title to said land and every part thereof and wn71 defend the same against t6e ~ lawful claim~ of aU persons ~vhom~oever. E - ~ lt i~ underatood that each of the worda. "note". "mortgagor" and "mortgagee" re~pect?vely and tM proooune ~ referring thereto. ~vhether in the sinqular or plural anywhere in thia mortRage, shall be singular if one oniy and ~ shall be phua! jointly and severeUy, if more thsn one, and shall be mexuline, teminine sndlo~ neuta. ~?herever the oonte:t so implie~ or admits_ ~ And said Mortgagor for him~elf and hi~ heir~, legal representatives, succea.+or~ and assign~, hereby covenante and agrees to and writh eaid blortgagee, his legal representatives, snccessors and assigns: ~ 1. To pay all and singular the principal and interest and the vsrioas and sundry ~uma of money payebie by . virtue of said pwmisaory note. and this mortgage. each and every, promptly on the days reapectively the ~ame ~ xveraily become due. ~ 2. To pey all and singular the taues, asx~sments, levies. liabilities, obligation~ aad incumbranoe~ of evay ~ n~ture and Icind no~v on said dexribed property. and/or thet hereafter may be impoeed. st~ffered. placed. kwied ~ or aaxeaed t6ereupon, and/or that hereaher mey be levied or assessed upon this mortgage and/a the indebtednesa secured hereby. each and every, when due and payable according to law, before they beoome de]inquent, and ~ - before my interest attaches or any penalty is incurred: end in so far a~ eny thereof is ot record the same eball be promptly aatiafied sad dixharged of record and the original official document tauch as, tor in.swnoe, t6e tsz ~ ncaipt or the satisfaction peper officially endorsed or certifiedl ahatl be ptaced in the hands of uid btortgagee ~ wk6in ten days ne:t after psyment: and in the event that any thereof ie not so psid, eatiat'ied and disc6ar8ed. ~ said Mortgagee msy at any time pey the same or eny part thereoi witho~ut waiving or effecting any option. ~ lien, equity or right under or by virtue of thia mortgage, and the fu11 amwnt of esch aad every such psytnent ahaU be immediately due and payable and ~hall benr interest from the date ibereof until paid at the nte ot Lea per = ~ cenWro per annum end together ~rith such intereet shaU be secured by the lien of this mortgage. - 3. To place and continuouely keep on the buildings no~v or hereaft~ siinate on said fend fire and ~vindstorm ~ insuran~e in the uaud ~tandud policy torm, in a amm ~ot less than the aa~ount due hereop, in ~uch company ~ or companiea aa may be approved by aaid Mortgagee; and all snch inauranoe policiea on any of eaid buiWings. any ~ wtaest therein or part thereof, ia the aggregate eum aforesaid or in e:cese thereof. ~iull contain the uiwl ` ~ st~ndard mortgagoe clanae making the bs.• under asid policie~. e~ch and every. payabk w eaid Mortgagee ~s hi~ ~ intere~t m~y appear. and each aad evesy sueh poliey shall be P~P~Y ddives~ed to and held by said Matgag~ • ~ and, nM kas t6an ten days in advanoe of the e:piration of e~ch policy, to deliwr to said blort~~s a r~orwd ~ thereof, together with a recaipt for t6e premium of euch raiewal: and t6ere shall be no snch inaurance pVc+~d ~ on any of said buildings. any intereat th~eia or part t6ereof, unlesa in the form u~d witb t6e bss paytbie es ' ~ aforeMid: and in the event any sum of money becomes peyable under each policy or policies and said Mort~gss 600K ~ PACE 8~, ~ ;