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TH13 MORTGAGE DN:E:D, made and executrd the 3rd .day ot A~.~"i
~ 19 77
by Robert E. Th~son_and Donna L__Thom~soni_his~ife of 304 SW 7th St., Delray Beach, FL.
~ 33444
t~inafte~ caUed ths Mortga~or, whith term shali include ths he'u~, f~gni ~uesentativea, auccesean teyd a~si~ai
o[ ths eaid MortRa~w whersver the context so requires or ~dmite,
to TURTLE REEF ASSOCIATES, 1NC.. P.O. Bo: 81A, Jenaen Beach, Ft. 33o5T
Aeroinafter cdlsd the Mortgagee, which term aheU include the succeasor~ and asaigns ot ths
said Mortgagee wherever the conte:t so nquirea or admits.
WITNESSETH: That tor devera Kood end valuable conaideretions, and also in co~aideratio~ ot the aggreg~te sum
named in the promiasory note ot eve~ dete here~rilA hereimfter described, the said Mortg~gor does hereby
gran~ barg~in, sell, alien, remiae. relesse, convey and coaCrcm unto the said Mortgagee, his lwirs, suoossson and ~
aasigas, aU the certaiu piece..., pucel.... o~ tract.... of land,. of which tne aaid Mortgagor is aow aeised and ~
ppaseesed and inactual pos~ession, ~itwte in the County of St. l.ucie and State of Florida, de~cribed u foliow~ ~
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~ ~ A undividcd intere3t in [ee simple abs~Ic~.e sa tenaet in oommon
' d in the certain real property dexrihed in the amended Maeter Form Deed ot 1Lrtfe
' Reef Condominiume 1, recorded in Officiai Record Book 258. Page 235, eubject to
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i~ A~ diveatment as set torth in said tifaster Forp~ Deed and upon auch dives~ix~t en
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interval owmership tonsistinR of Unit ~reek~ _ 43 in Condominium _~_4
c _
~ y consiscing of Apartment Number C-4 and it. undivided share of the rnmmon ekments
~D ~ ;v ot 1Lrtle Reef Condominiums 1 as such is described in said amended Master Form Deed.
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~ This is a pureAese money martgeqe. ~
It i~ further agreed between the parties to thia mortgsge that, in aduition to the terms and oonditions set
out h~ein, if a conveyance ~hould be made by the Mortqagor of the premiees herein described, or any part
thereof, without first obtaining both the ~vritten rnnaent ot the Iwlder hereof, and an assumption of this
obligAtan, in ariting, by the new propo.xd Grantee, then, and in thet event, at the option of the lwld~ here~f,
without notice, a0 sums of money secured hereby shaq, immediately and rnncarrently writh auch conveyanoe, beoome
due and peyabk and ~aid Note and Mortgege ahall be in detault.
TO HAVE AND TO HOLD the ~ame, together ~vith all and sic~ular thr te~nements, hereditaments and a~
purteaancea thereunw bebnging or in anywise eppertaining and the revereion and eeversione. remiinder and ra
m~inden, renta, isaues and profits tAereof snd also all the estate. right. tit~e. interest. prop~ty. poasession, cWm aad
dea~and wlutaoever aa well in law as in equity ot the ~aid Mortgagor in and to ihe aame and every part and
p~roel t6ereoE unto the ssid Mortgagee, and hi+ heirs, sutces~ors and a~signs, in f~e simple.
And said Mortgagot, for himself, and his heirs, legal repreeentatives. surressors nnd assigns, hereby o~nveoante
with said Mortgagee, his heirs, legal repre~eatatives. ~ueceasor~ and assigos, that said Mortgagor is indefeasibly
seized of said land in fee simple: that the said Mortgagor has full pow~er and lawf~l rig6t to convey the same in fee
aimpie ae aforesaid: that et shall be la.r~! for aaid !4lortgaqee. Ais heire, legal representatives. sucoesaore and aeeign~.
at sIl times peaceably and quietly to enter upon, hold, occupy and enjoy aaid land and every pert thereof;
that aaid lsnd ia free from sU incumbrance~: that said :Nortgegor, his heirs, legal representatives. au~a~ors aad
assigns, will make ~nch further essurances to perfect the fee aimple. title to said land in said Mrotgagee,
his heirs. legal representatives. successors and esaiqns. as may reasombly be required: and that ssid Mortgagor
does heieby fully wrarrant the title to said land and every part thereof and will detend the seme againat t6e ~
lawful claims of aU persons whomsoever.
~ It is understood that each of the word.4, "note". "mortgagor" and "tnortga~ee" re~pectively and tbe ptanoana
; referring thereto. whether in the singular or plural anywhere in thia mortqage, shaU be singular if oue ody and
~ shall be plursl jointly and severatly. if more than one, end shaU be maxuline, feminine andlor neuter, wl~ever
tl~e ooate:t so implies or admits.
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~ And said Mortgagor tor himself and hi~ hein, legal representatives, saccessora and aaaigns, hereby oovenants and
; agrees W and with said Mortgagee, his legal representetives. successors a~d asaigns:
~ 1. To psy aU sad sin~ular the principnl and interest and the variais and +uadry sums of money peyable by . 's
virtue of said pmmis~ory note, and this mortgage. each end even, promptly on the day~ tespectively the same
severally become due.
~ 2. To pay all and singular the taxes, assessments, levie~, liabilitiea, obligationa and incumbranoes of every
nature aad kind now on said dexribed property, andlor that hereefte~ may be imposed. suffered, placed. {e.wied
ot aexased thereupon, and!or that hereafter may be levied or as~aed apan this mortgage aadlor Lhe indebtedness
secured hereby, each and every, when due and peyebk according w lew, before t6ey become delinquent, and
• before any interest attaches or any penalty ia incurred: and in so far as aay thereof is of record the same ehaII be ~
promptty satisfied and discharged of record and the original official document Isuch as, for inatsnoe, the tez
noaipt or t6e eatiafaction paper officialty endorsed or certified) ~hall be plaoed in t6e hands ot seid Mortgagee
~ wkhin tes days ae:t after peyment; and in the event that any thereof is not so paid, sati~fied and disch~rged.
~eid Mortgagee msy at any tia?e pay the same or aay part tbereot without wsiving or affeeting any aption.
~ lien, equity or right undcr or by virtue ot thia mortgage, and the (uD amoant of each and. every sucb psyment ahall
= bs immediately due and payabk and shall bear intereat from the date thereof unt7 paid at the nte of ten p~
~ oenturn per snnum and Wgether with ~uch interest ahall be secured by the lien of t6is mortgage.
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3. To pl~oe and continuouely Iceep on the buildings uow or hereaft~r situate on said land fire and windstorm
insurance in the usual atandard policy torm, in a eum not 1es~ than the amount due hereon, in auch company
~ or oompanies as may be approved by said Mortgegee: aad all anch insurance policies on any of said btu~dings. any
~ interest thercin or part thereof, in the sggregate aum afore~aid or in ~cea~ thereot, ahaU oontain the nwW
~ Kandird mortgagee clause making the bx under said policiea, eech and every, Peysbk to said Mortg~ges ae ~M
~ interert maq appear. and e~ch snd every euc6 policy ehall be pmmpdy deliver+sd to ~nd held by said Ma~t~~ •
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and. oot kas than ten daye in advance of the e:piratioa of eac6 poBey, W deUv~ W s~id Ma~taa~ a noawd
thareof, togetber witb a rooeipt for t6e premium ot such rene~ral: and there ahsU bs no meh in~a~ranos pVad .
~ on aay of said buildings. any interest ther~in or part thereof. unlesa in the form and with tbe bss peyabk as • ,
Joeswid: tnd in t!?e event any sum of money beoome~ able under such ortgagee i
~ MY Po~Y or policiea ~nd said M ~
~ b
~ RECEIYFD v IN PA1fMENT OF TAXES
0 it p~ pN p/13f ~C INTANGIBLE PERSOrial PIt~oPEW~r.
BooK269 PacE 8?0 PURSIMNT i0 CFiIWTER 71•134. ~,s ~t ~ .
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CLfRK CIRCUIT COURT, sr. ~uc;~ :o, Fu.
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