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HomeMy WebLinkAbout0866 . 3f~84a~' ~~'i . THl3 MOR7YiAGF DF:F:p, made snd etecuted tha ~~day ot ~1''C~I „ 19 77 ~ by Norman D. _ E~~and Eleanor A. Epp, his wife _of_26 Cratwford St. , Brockvil le, Or~ta?lo - --t--- Canada her~inaher caUsd the Mortgagor, wAich term ahaU include ths l~eira. bgal rspresenqtive~, sucees~ors and assigns ot the said Mortg~gor ~vhsrover the conte:t so requires or admita, S + to ATLE REEF A3.SOCIA7'ES, INC., P.O. Ho: 618, Jenaen Besch. Ft. 3345T : hereinafter called the Mortgagee, w~hich term shaU include the suecessore u~d asnigns ot tht aaid Mort~gee wheraver the context ao requires or admits. , WITNESSETN: That [o~ devere Rood and valuable considerations, and sleo in coneidention ot the aggregats eum ~ named 'w the promi~son note ot even date herewith heninafter de~cribed, the aaid Mortg~go~ does hereby graat, D~rgain, sell, aliea, remiae, reles~e, oonvey and confirm unto the aaid Mortgages, his Aeiro, suoosssoc~ aad asaigns, aU the certain piace.... parcel.... or tract.... of ]and. of w~hicA the said Mortgag~or is now seized and po.+sessed and inectual posxssion, situate in the County ot St. Lucie snd State of Fbrid~, described as toUow~ A undivided intereat in fee simple ebsolute a~ tenaot in cosnmon in the certain real propert~• dexribed in the amended M~ter Form I)eed ot 7Ltt1e ` Rcef Condominium~ 1, recorded in Official Record Book 266. Pege Z35. subject to divestment as eet torth in said Mester For~n Deed and upon ~uch diveatmeot aa !A V interval ownerahip consistinR ot Unit week~ 13 . in Condominium C- ~ 3 c $ a ' 1~ L oonsistinR ot Apartment Numbrr C-13, and ita undivided share of the rnmmon elementa ot 1Lrtte Reef Condominiums 1 as such is described in said ameoded Ma~ter Fortn Deed. T - Tt?is is a purchase money mortRage- : ~D ~ ~ ~ It i~ further a~eed between the paeties to this mortgage that, in eddit'an w the terms and ootditions aet ~ e~ opt herein, if a conveyance ahould be made by the Mortqagor of the premises herein described, ar any p~tt thtreol, writhout first obtaining both the written consent of the lwWer hereof, and aa sasumption of this _ obtigation, in writing, bp the new proposed Grentee, then, and in thnt e~•ent„ at the optioa of the lwld~r l~er+e~f. without notice, all sums of money ~ecured hereby ~hall, immediately and concurrently ~vith such conveyatsoe, beooaie due and payabk and aaid Note artd 1'lortga~e• shall be in default. TO HAVE AND TO HOI.D the same, together with aU and singular the tenemenW. Aereditetnetite ~nd ap~ parten~ncea t6~aW bebnging or in anvwise sppettaining snd the reverainn and ravereions, mmaiader and rs , mainders, rente, issuea and profits thereof and sl~o all the estate, right, title, interest, pmperty. posseseion, eWm aud demand whatsoever a~ well in lew as in equity ot the uid Mortgagor in and to the ~ame and every p~t and parcel thernof unto the aaid Mo~rtgagee, and ttis heir~, succe.~ots and as~igna. in fee eimple. Aad eaid Mortgagrx, tor him~eli, and hia heir~, legal rep*esentatives, succeaxro and aasigas, her+eby oonveaanta with said Mortqagee, his heira, iegal repre~entat'sves, succeasora end assigaa, that said Mortgagor ie indefoasibly seirsd ot said land in tee simple: ihat the said Mortgagor haa full po~ver and lawful rigt?t to oonvey the name in fee simple as aforasaid: that it shaH be lawfut tar aaid Mortga~ee, his heirs, Iega1 representativee. anoce~ors and aaeigns, at a1! times peaceaDly and quietly to entrr upon. hold. occupy and enjoy said land and e~iery pert tl~reof; tlut said land ia free from all incumbraac-ea: t6at said Mortgagor, hia heira. legal representativp. sueeeasors aqd aseiRna, will make auch further assurance~ to perfect the fee aimpk title to aaid tand in s~id Mtotgagee, 1w heira. tegs! repre~entative~. aucoesaora and assigns. as may reseonaWy be required: and thac aaid Mortgagor + does hereby fully ~var~nt the title to said lend and every part thereof and will detend the ~atne against tl~e lawful claims ot al! person~ whom~oever. It i~ undetstood that each of the ~vords. "note". "mortgagc?r" and "mortqagee" respectively and t6e praaons referring thereto, whether in t6e singular or plurel anywhere in thi~ mortgage, shatl be singular if oae onty and sMU be plural jointly and severally, if more than one, at~d sha0 be maxutine, feminine and/ot neut~, wAe~ever the coate:t so impGes or sdmits. And said Mortgagor for himself and his heirs, legal repreaentatives. ~uoc~aora and sasigne, hereby covenante and agrees to and with said Mortgaqes, his IeRal representatives, successors aed assigns: - 1. To pay all and sin~ular the principal and interest and the various and snndry suma ot money psyable by , ~ virtue of asid promi~~ory note, and this mortgage, each and every, promptty on the days reapectively the same ~everaUy beoome due. ' r 2. To psy aU and singular the ta:es, aasesaments, levies, liabilities, obligationa and incumbrances of every mture -and kind now on saed described property, and/or that herea(ter may be imposed, suf(ered, pleced, liyied or asseased ther~pon, and/or that her~fter may be levied or a~esaed upon this mortgage and/or the indebtednees sxuted hereby, eac6 and every, when due and payable according to law, before t6ey become delinqu~t, and • betore any iaterest attache~ or aay penalty i~ incutred: and in go far es any thereof is of reoord the sa~me shtll be ' prompdy satisfied and diec6uged of record end the original oft~ciai documeAt ~3uc6 se, for instanoa tbe tu noefpt or the satisfaction paper officially endoraed or certifiedl shall be plsced in the Mnde of said Martgagee w~ithIn tea days ne:t after payment: and in the event thet any Chereot is oot so paid, aatiafied and disc6uged, ` said Mort~tsgee mep at any time psy t6e same or any pert thereof without wraiving or affecting any option, lien, equity or right uader or by virtue of this mortgag~e, aad the fnll amouat of esch and avery such payment ahall be immediately due end psyabk and ahaU bear interest from the date therenf unta't paid at the r~te of ten per aaturn per annum and toget6er with ~uch intereat shall be ~ecured by t6e lien of thia mortgage. 3_ To•ptace and continuously Iceep on the b~ildings now or Ae~eafter situate on said land fire and wlndatorm inauranoe in the u~uel standard pelicy form, in a eum not less thati the amount due 6ereon. in such compeny or companiea aa may be approved by said Mortgagee: and all auc6 insurnnce policies on any ot eaid bw7diags, any intereat therein or pert thereof, in the aggregate sum aforeaaid or in e:oesa thereot, ~haU coniain tbe n~w) staad~rd mortgagee cleuse makinq the lo~ under said policiea. each and every, p~yeble to said Matg~geo u 1ih interest may appeer, and e~ch and every such policy ~haU be prompdy deliverod W end heW by sdd Matga~ ~ ~nd. not kse than ten daya in advance of the e:piration of each polky, to deliver to eaid Mat~~s a neb~wal tbereot, together writh a receipt for the premium of euc6 renewsl; snd there stull be ao aueh insuranos ~~od 0o tny ot said buildings. any interest therein or part thereof. unlesa in t6e form and w3th tl~e bas peyable ae ' atoreMid: and in the event any sum of monry become~ peyable under such policy or policies and said Mortgage~ ~ V~ ~ RECE111ED IN PAYMERT Of TAXES DUE~1! CU1SS'C' INTANfiIBLE PERSONAL PROPERTY~ U~ s~ PURSWU+Ii TO CHAPTER 71•1v1. At,'TS Oi 1971. 600K~1)9 PAGE OV'~ aocEa Po~r^.~: ~1'S t3 • CLERK CiRCU1T OOURT, Sr. luciE CO., flA. l' _