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Home My WebLink About0884 ~o ~~~99 • 26 March ~1 ~~r' THl3 MOR7'GAG~ UF.FO, made and e:ecuted the _day ot . 19 . by Thomas A. Somers_and Dianne_M,__Somer~ his wife of 7244 Owen Drivg, Kalamazoo, MI 49009 I~in~fter calkd ths Mortgagor. whieh term shall inch~de ths har~. {egal reprossatatives. suceewon and uaigru # ot t6~ eaid MortgsRor wberever the conte:t ~o n~quires or ~dmits, ~ w TURTLE REER ASSOCIATE3, INC.. P.O. Bo: 618. Jensen Be~cb. FL 33~57 l~fter called tLe Mortgagec, which tam shaU include lhe . successors aad assign~ ot tbs ~ n+d Mortgsaee ~rbarover the cootext so reqaires or admits. ~ WITNE3SETH: That for devera Rood and valu~bk rnn~iderations, and slao in conaider~tan ot the ~ggreg~te sum t aamed ia the pmmissory aote ot e~en date herewrith lkreinatter deecribed, the aaid Mortg~go~ doss he~eby grant. barg~in. x4 ali~. rrmise. relesx. convey and coaC~tm unw tM+ eaid Mortgagee. 6is heirs. suoeeesors aad asaisna, dl tha oertain piece.... pimel.... or tract.... ot land. ot which the said MoKgagor is aow ~eized ud poss~sed ond inectud possessioa, sitwte in the County o[ St. Lucie and 3tate of Florid~, descdbed as idbwx ' , A ______°'o urtdivided interest in fee simple ab~~hite ae tenant in rnmmon ' ~ in the certain nal property dexnbed in the amended Maater Form Deed ot 7Lrtle s~ ' ~ j Reet Condominiums 1. recorded in Official Recocd Book 2b6. Page Z35. subject W g~i ~ = divestmeat es set torth in said Ma~t~ Form Deed and upon such divestment an ~ 3 u~.: u:t,~rsa! as~:e:s4.:~ ro. s:s!~g ai (la:t s~r~E ir C^^a••~ia~u~ ~a~~1R _ ~ ti i ~ ~ O ~ ~ O~ ~ ;t oonsiating of Apsrtme~t Number _~-1$_. and its undivided share ot the rnmmon e{ementa ~ ~ ,1 ~a~+ of 1Lrtle Reef Condominiums 1 ss such is dexribed in ssid emended Master Form Deed. ~ 0. - ~ ~ 10 ~ 71?is i~ a purcha~e money mortl~aKr. ~,~"o as It is further agreed bet.veen tbe perties to thi~ mortgage that. in nddition to the terms and oonditione set ~$~o k~' _ out berein, if s conveyance sl~ou{d be made by the Mortgagor o[ the premise~ herein descn'bed. or ~ny part ~i. ~ ~ tbereof, without first obtaining both the written rnasent of the hokler l~eof, snd an assumpCioo of thL ~ ~ obligatioa, in wrriting, by the new propo~ed Grantee, then, and in tiut ereat, at the opt'an of the lwider 6eneof, without notica a0 sums of money xcured l~e6y shall, itnmediately and concurrently with aueh conveyancG beoome ~ ~ ~ due aad peyeble and ~aid Note and Mortgaqe ~hall be in defeuk. ~ TO HAVE AND TO HOLD tl~e same, togeth~ w~ith all and singular the tenements, hereditaments and aQ ~ purtenanees thenunto bebaging or in anY~x ~PP~~nB at~d the mversan and reveraions. remainder and r+~ ~ mainders. re~ta. isanes and profite t6ereot and also all the e~tate. right. Litle. :nlerest, prop~ty. poseession. claitn and ~ dem~nd wbataoeva as well in law a~ in equity ot t6e said Mortgagor in and to tAe same and every p~rt and paroe! tbereof unto t6e aaid Mortgsgee. and hi~ heirs. suecessors end assiqn~, in tee simpk. And ~aid Mortgagor. for himself. and his 6eira, legal represeotetives. s~~cc~e~w+rs and aasigas, hereby oonv~ants with said Mortgagee. his heirs. kga! repre~entative~. succesaors and assi~. ~hat aeid Mortgagor is indefe~ai'bly . seiud of aaid W~d in tee simpk: that the s~id Mortgagor has fuU po~re~ and lawfiil right to convey the same in fee ~mpie as aforeaaid: tbat it shall be lawrful ta said Mortgagee. his heira, legal representatives, aaccessora end asaigns. at all tones p~bly and quietty to enter upon, hold, occupy and eajoy said lsnd end every p~rt tl~ereof: tlut aaid land ia free from all incumbratx~: tfut ~aid Mortgagor. his heir.. legal repreaeatatives. eucoesaors end assigos, wiU malce such furtl~er aae~uancee to pertect the tee simple title to said land in eaid Mrotgagee. his heira. k8s1 *efXe~eotatives. succea~ors and asaigns. as m~y ressonably be required: and ihat said Mottgagot does 6ereby fiilly warrant the titk to ~aid land and every part th~eof and w~7! detend the aame against the 'i Itwful clairas of all person~ ~vhom.9oever. i ' It i~ underatood that each of t6e ~vorda. "note'. `•mortgagor.. and .•mort8agee.. respectively and the pronw~ns j reterr~g thereW, whether in the sinqular or plura! anywrhere in thi~ mortgage, shall be singuWr if one only aud k ahall be ph~ral jointly a~ severaUy, it more than one. and shall be ma~culine, feminine andlor ne~ter, whe~ever j tbe eonte=t so implies or admito. - ~ And ssid Mortgagor tor Aimself and his heir~. legal rcprexntative~, succesaoro and asaigns. hereby oovenants and ~ agrees W and with said Mortgagee. his legal representative~. successors and assigna: 1. To pay all and singular the principel and interest and the variou~ and sundry anm~ of money paysble by . ~ virtue of said promisaory note. and this mortgage. each and every, promptly on the daya reapectively the eame ~ aever~llr beoome due. 2. To pey all and singular tbe tue~, eaaes~ments. levies. liabilitie~, obligetions and incumbrancea of every nature usd kind now on aaid dexribed ProP~Y• andlor that ber~fter may be impoeed. auffered. placed. ievied •or asseesed therenpon. and~or that hereafter may be levied or asxasecl upon this mortgage endlor the ind~btedness ~ senued 6aeby, esch and every, when due and peyable acoording to la~v, betore t6ey beoome delinquenk and bdors any mtereat attact~ or any penaltq is uxurred: and in so far aa aay thereof is of reoord the s~me sl~ell be pcamptl~ satisfied and discharged of reoad and the original official doeument I~uch aa. for inst~noe, the t~z r~oeipt or the aati~faction p~per officielly endorsed or certifiedl ehell be placed in the hands ot said Mortgagee wkbin tes days ne:t after paymen~ and in the event that any Lhereof is noi eo paid, aati~fied and disch~rged. e~id Martgagee may at any time pay the aame or any -part t6ereof without waiving ot aftecting any option, ' tim, eqnig or right nnder or bq virtue of t6ia mortgage. aad the tull amount of e.+sch and every such payment a6a11 ~ _ be immediately due and payab4 and shall besr int~reat from the date thereof antal paid at the rate of t~n per ; ~ oeatarn per annum and together with such interest shall be secured by t6e lien of tbis mortgage. ' ~ ~ 3. To pl~ce and continuously kesp on the bu~dings aow or hereafter aituate on said land fir~e and .viadstorm ins~u~noe in t6e uaual ~tandard policy form, in a aum oot less than the amount due hereon, in such com~any ~ or companies as may be approved by said Mortgagee: and ~11 auch insaranoe polieiea on any of said bm'Idings, any ~ interest t6erein or part thereof, in tbe aggreqate sum aforeasid or in ezces~ thereof. ~hall oontaia t6s uwW ~ rtand~d mortgagee clsux making che loe.• under said policies. each and every. paY~bk to said Mo~tgagee as his int~t m~y apperr. and e~eh and every such policy shall be pmmptly delivered to and 6dd by said Mort~~c • ~ ~ ~nd. not less than ten day~ in advance ot t6e e:piration ot each policy. W~v~r to s~M Mo~tg~ast • era~wal • t6erwt. toBet6er wit6 a recapt for the premium of euch ronewd: and there ahall be no sueh ins~nnos pl~o~d : ~ ao a~r ot said ~ildings. any intuest therein or part tbereof. unlesa in RUe form and with the bss pay~ble as ' ; ~ Joe~id: and in tbe event any sum of monry beoomes psyabk under auch policy or policies and said Mortgagee i ~ . ` BooK~ ~cE 88z 1_.,_ ~ . ~ _ . . - ~ - ~