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HomeMy WebLinkAbout0878 3~~9~ THI3 MOR1YiAGB D1:FD, made and e:ecuted the~LZT ~y ot ~~~L 1~ : y ey ~~na1~E._ Ramse,~-~nd_Nanc~t _ Ann _ Ramsex,~is_~i.f~ Orlando, Fl. 32806 - ~ heninaftar caUed tAe Mortgagor, w~hich term ehap include ths heirs. legal repeesenutives, suetss~on and awign~ + ot ths said Mo~t~gar wherever the conte:t so requires or sdmits, W TURTI.E R~EF AS.SOCIATF.3, INC., P.O. Ro: 818, Je~een Be~cb, FL 33~57 ~ hereinatter caUed' the Mortgagee, which term ahaU includs the ~ucceasors wd assign~ ot tM f said Mortgagee ~rherever the conta:t ~o roquiree ot admits. ' ~ WITNESSETH: That (or dever+ Rood snd vslueble coeaiderations, and siso in con~ideratan ot the ~ggregats sum named in the pmmisaory note ot eve~ date herewith hereinafter d~cribed, the eaid Mortgagor doss 6erebr gtant, bugain, sell, elien, remise, rekax, convey and confirm unto the +sid Matgagee, hie hsirs, sutsetson aad asaigna, aU the certain piece.... psrcel.... or tract.... ot land. ot which tM naid Moctgagor is aow ~eised and po.~~essed and insctusl posaes~ion, aituate in the Couaty of St. Lucie ~nc~ State of Fbrida, deseribed as Edbwx A undivided internat in tee simple abaotute aa tetuiat in common in the certain real property described in the amended Maater Form Deed of 'Itirtle _i Reef Condominiums I, recorded in Otfiicial Record Book 258. Psge ZSb, subjeet to = diveatment as xt torth in aeid Msster ~F~orm~ ~D~eed end upon ~uch d^iveetmeut aa v ~ Itlj,CtV*~ t)GiRefft~iip Cv6ni5iiiij( Uf LiiiiL iti~~5 ~i4_3Z.S..Z___ Ifl C6TiuOT:SiiSIii3Ti L~2 ~ Z N con~isting ot Apartment Number C~2 , and its undivided share of the rnmtnon elements ot 7Lrtle fteet Condominiums 1 aa such is described in said amended Ma~ter Form Deed. W This is a purcheae money mortgage. ro ,D ~ ~ It i~ further agreed betw~eeo the parties to this mortgago that, in addition to the terms aad oonditions set ~ e herein, if e rnnveyance shouW be mede by the MortgaRor o! the premises herein described. or any put f, w~ithout Crst obtairing both the written conaent oi the holder hereof, wd sn aseumption of this tan, in writing. by the ne~r proposad Grantee, then, and in that event, at the optan of the laider 6es~eof, ' without aotice, all sums of money ~ecured hereby sMU, immediately and concurrently writh such conveyanoe, become due ~ad peysbk snd said Note and Mortgage shai! be in detault. TO HAVE AND TO ~iOI.D the same, wgether writh sU and singular the te~ements, hereditameats and ap purtenanc~a thareunto belonging or in any.vise appertainiag and the reversion and reveraioas. remainder and rs meinders. rente. isaues and profits tl~ereof and also all tl~e e~tete. right. title. ~ntereat. ProP~Y. P~~~ claim snd demand whatsoever e~ weU in la~v aa in equity of the said Mortgagor in and to the same aad every part and . percel thereaf unW the ~aid Mortgagee, and his he'u~. successors and aasiqns, in tee simple. . Md said Mortgegor. for him~elf, end hi~ !~eir~, legal representatives, saceessors aad assigas, hereby oonven~nts ~rith eaid Mortgagee, hi~ heirn, lega! representatives, successora and assign~. that aaid Mortgagor is indefeasibly eeized of ~sid land in tee simple: that t6e ~aid Mortgagor haa full powrer and lewful right to oonvey the seme in fee simpie as aforeaaid: that it she0 be Iawtul tor said Mortgagee, hi~ heira, legal rep~esentatives. ~ccessors and a~eigns. • at all timea peaceably and quietly to enter upon, hold, occnpy and enjoy said land and every pert t~reof: tl~at said laed is free from all iacumbrances: that said Mortgagor, his heirs, legal repsesentntive~. ~sce~~oro snd assigua, will mske ~ch turther assurancea to perfect the tee simple title to said lsnd ia eaid Mrotgagee. his heirs. kgal representativea. successors and a~signs. as may ressonably be required: and that eaid Mortg~g~or does hereby fiilly warrant the title to ~aid land and every part thereof and wrill defend the ~ame against t6e lawful claima of all persons whomsoever. i It i~ uederstood that each of the words. "note". "mortgagor" and "mortgagee" respectively and t6e protwuns ' nferring thereto. ~vhether in the sinRular or plural anywhere in this mortgage. shall be singular if o~ onty end ' ~ ~hall be plural jointly and severallv, if more than one, and shall be m~culine, feminine and/or eeutel, wherever ~ the oonte:t so implies or admits. ~ • ~ And aaid Mortqagor for hiro~elf and his heirs, legsl representatives, succe~aoro and aasigns. hereby covenanta aad , agrees to and w+ith said Mortgagee, his legal representativee. sncces~or~ and as..~igns: ~ 1. To Qay all snd singuler the principal and interest and the vsrious and sundry sums of money payabk by . 1 ~ virtue of aaid pmmiasory note, and this mortgage. each and every, promptly on the daye respectivdy the aame severally become due. ~ 2. To psy all and singular the ts:es, assesaments, levies, liabilitdea, obliqations and '.ncumbrances of every ~ nature and Icind now on said dexn'bed property, and/or that hereafter may be impoaed, suffered, placed. Ievied or asx+sed thereupo~. and.~or that hereafter may be levied or aseea.~ed ~pon this mortgage and/or the indebtedaese ~ secured hereby, each end every, when due and payable according w la~r, before they beoome delinquen~ and ~ before any interest attaches or any penalty ia iacurred: and in so far as any thereof ie of reoord the aame ehall be ~ promptly aatiafied and dixharged of record and the original official document (such aa, for inatanoe, the t~z woaipt or the satiefaccion paper oificially endorsed or certifiedl shall be plaoed in the hands of said Mort~~gee ~ w[thin tea days ne:t after payment: and in the event that any thereot ia not so paid. satisfied and discharged. - aaid Mo~tg~gee mny et any time pey the aame or ~ny p~rt thereof ~vitho~t waiving or affecting anp option. ~ lien. equity or right under or by virtue of this mortgage, and t6e full amount of eec6 and every euch peyment shall • bs immediately due and payabk sad shell bear inter~st from the date thereof until paid et t6e rate of ten per ~ oenturn per annum and together ~vith ~uch interest shall be sec~red by the lien of this mortgage. ~ ~ 3. To place and continuouely kesp oe t6e buildinge now or hereafter sitwte on said land fire a~ windatam ~ ins~rence in the uaaal atandard policy f~m, in s aum not lea~ than the amount due hereon, in such oo~any ~ or campsniea aa may be approved by eaid Mortg~gee: ~ad ~11 auch ins~uanoe poiicies on any of said Mv7dings. any ~ intereat tl~erein or part thereof, in the eggregate aum efore~aid or in ezcese thereof, ahell cont~in tLe urwl ~ ~tand~rd mortgagee clause malcing the los.• under said policie~, each ud every, payable to said Mortgagee u hi~ ~ interest m~y appear. and each and every euch policy shall be promptly delivered to snd held by saId Mattga~ • ~ ~nd, aot kae than ten days in advance of the e:piration ot e~ch policy. to de~iv~r to s~id Mort~aee~ • nawd ~ thu+sot. togetbsr with a receipt for the premium ot sach renewd: aod there s1W1 be no sac6 insnrmos pl~ad . ~ on anr o! eaid buudinga~~ny interest thuein or part thereof. unless in ths torm and with the bss paqable as ' ~ dare~aid: and in the event any sam of inoney becomea payabk under auch policy or policies ~t~ eaid Matgages ~ ~a ~ ' ~•",Y~~Et~f OF TAXES - R~i,Ef`irG S - - - ~ D+;E ON G~.;;; ~;,:.;G. f ,~.a~ PROPERfY, ~r,Q pURSU,iIiT 70 C~~i'lER 71-1"s4. ACTS OF 19l1., K~ ~ bOdK~vU~ PAGE O~ r~~ Poi1w?s ~ CLERK CliiWlT COURT. ST. WCIE O0~ Ft~ _ ~ _ _