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Home My WebLink About0901 3f~9510 ~ ~ THl3 MOR'MAGR ilt:F.l). m~de ~nd Pta•uted the 16 _ dav ot _~~rV~ry _ 1~ 77 ~ by Karen A~-~s~ill_ of_ 1Q8d ~1.Er-24t#~-T~~-.-,.Ieuseu--R°~-=^~-r-~=~~+157. ~ be?sinafter caUed the Mortgs~. ~vhich term shaU include the 6eirs. kgal represe~tativst, sua~sssor~ ar?d u~iRn~ ot tbe said MortgaRor wherever the context eo requi~ or admits. W TURTl.E REEF ASSOCIATF.S. IIVG.. P.O. Boa 618, Jenxn ~ch. FL 33157 ~ , Aemin~feer caped the Mortg~gee, ~rhicA te~n shall include the ' succeseors and assigns ot tha said Mortgagee wherever the conte:~ so requires or admits. WITNESSh'TH: That tor devers Rood and valusble rn~siderations, aod atso in coneideration o( the aggre~te sum ; named in the promis~ory note ot e~~en date herew?ith hereintfter deecribed, the ~aid MoKgagor doss heroby ' grant, bargaia, xU. ~6en. ~mise. reiesx, oonvey and confirta unW t6e ssid Mortgages. hu he'va. suooes~on ~nd asaigt~s, all the ce~tain piece..., parcel.... or tra~ct.... of laad, of wrhich the said Mortgagw is rww seiaed ud pos~essed and inactual pos+e~~ion, aitwte in the Co~inty of 3t. I.ucie end State ot Fbrida, deectibed as toUowx q__ ~384 undivided interest in tee simple absolute as ten~nt in common in the certain real property described in tAe amended Ma~~er Fonn Deed of 7lutle Reef Condominiuroa 1. recorded in Off9cial Record Book 256. Pege 23b, aubject to ~ Syc r, ~ 7~ diveatment a~ set [orth in said Master Form I?sed and upon such diveatment an. ~ o~ lAV a interval ownerohip eonsistinR of Unit weelOL- 3Z _ in Condominium C-3 , ~ y CO ~ nff ~ o consisting of Apartmeat Number and ita undivided ahsre ot the oomrtan elemente z ~ ot 'll~rtle Reef Condominiuma 1 as such is described in said amended Alaster Form Deed. ~ o~ v ci ~ 0 t/~ ~ 'Rtis i~ a purchese mone~ mortgaqe. _ -•D vz c ~ i ~ y It i~ further agreed between the parties to thia tnortqage that. in addition to the terma aad conditione set ~ c o~, herein, if a coeveyante should be made by the Mortgeg~or o! the premises herein described, or aay p~rt ~ p~ f, without firat obtaininR both tl~e written conxnt of the hoider hereof, and sn aaaumption oi tlds $ ~'egaotan, in writing, by the new propo~ed Grantee, then, end in that event, et the optan of the bolder hereof, ~vithout aotice. all sums of money secured hereb}• shall, immediately and con~vrrentiy with such conveyance, beoome ~ r~~ due and psyable and said Note and Mort~e~Ce shall be in default. ~~^~j TO HAVE AND TO HOLD the same. toqether with aU and singular the tenements, hereditamenta atd ap~ ~ purt~ancea thereunto bebnging or in anyw~se appertaining and the reversiun and revereioae, remainder snd r~ J~ mainders, renta, issuee and profita thereof and alao all the eatate. riBht, titk, interest, property, poseeasion, claim and demand whatsoever a~ well in Ww as in equity of the said Mo~tgagor in a:~d to the same and evety pert and p~roel thereof unto the said Mortgagee, nnd his heiro, succeaaors and aasign~. m(ee simpk. And said Mortgagor. for himseit, and his heirs, legal repreaentatives. suc!~essoro and assigas. hereby convenants with eaid Mortgegee, hia heirs, legal representatives, succeseora and assiRn~, that said Mortgagar is indefeaaibly seized of said Iend in fee simple: ttiat the ~aid ~~ortgagor has tull power and lawful right to convey the same in fee simple as aforeeaid: that it shall be lawful for ~aid Mortgagee. his heirs. legai repreaentative~, auccee.+ors and a~signs. et all time~ peaceably and quietly to enter upon, hold, occupy and enjoy said land and e~-ery part thereof: that aaid land i~ free from all incumbrances; that said Nortgagor, his heirs, legal repreaeatativq, suooeaeore a~ asaigns, wrill malce such further assurances co perfect the fee simpie titie to said laad in aaid Mrotgagee, hia heiro, legd repreaentatives, succe~sora and aasign~. as mey reaennabiy 1rR re~quired: and that raid Mortgag~or does hereby tuUy warrant the title to said land and every part thereoi and will defend the aatne egainst the lawful claims of ell persons whomsoe~er. It is understood that ~ch of the words. "note". "mortgagor" and "mortgegee" re~pectively and the pronouns ` referring thereto, wrhether in the sinRular or plural anywhere in this mortgage. shall be singular if one only and E shall be plural jointly and severaUy. if more than one, and sha~ be rtuxuline, feminine and~or neuter, whereva i the oonte:t so impliea or admits. ! And said ~lortgagor for himself and hi~ heirs, legal representstives, succesaora and as~igns, hereby rnvenante and ~ agrees to and with said Mortgaq~ee, his IeRal representativea, auccessoro and assigns: ~ ~ 1. To pay all and singular the principal and intereat and the varion~ and ~undry sums of money payabk by . virtue of said promissory noce, and this mortgage. each and every, promptly on the daya reapectively L6e aame aeverally' become due. 2. To pay aU and singular the tues. aasessmenta, levie~, liabilitiea, obligationa and incambrancea of every nature and Icind now~ on ~aid described property. and/or that hereafter may be imposed. auffered, placed. levied or asseased therenpon, and!or thst her+eafter may be levied or a~eued upon thia mortgage and/or the indebtednese eetured hereby, each and every, when due and payable according to law. before they become delinqnenk and • betore any intereat sttaches or any pemlty is incurred: and in ao far as eny thereof ia of reoord t6e sams eh~ll be ~ ~ promptly satisfied aad dixt~arged of revord and the original official document leuch ae, for inatanoe. the taz t~oeipt or the satiafaction peper ofPicially endorsed or certified) shall be placed in the hends of aaid Mortgag~ee wk1~n ten days ne:t after peyment: and in the event that any thereof is not so paid, satisfied and dischorged, ~ said Mortgagee may at any time psy the eame or any part thereof ~vithout waiving or affecting ~ny optioo. , r lien, equity or rig6t under or by virtue o( this mortgage, and the fuU amount ot eac6 and every suc6 payment eluD ~ be immediately due and payebk snd sAall bear interest from the date thereof until p~id at the nte of ten per oeaturn per annum snd together with such interest shaU be aecared by the lien of this mortgage. a ~ 3. To plaoe and COOLIpUOUSIy I[~ on t6e buildinga now or hereaft~ aituate on said land t'ire and windstorm ~ insurance in the usual standard policy form, in e wm not less then the amount due hereun, in such oompany ~ ar companiee as may be approved by said Mortgagee: and all snc6 insurance policies on any ot said buildings, any ~ interest t6erein or psrt thereof, in the aggregate aum aforesaid or in ezcea~ thereof, shaD contain the wual ~ standard mortgagee clau~e making the los.+ under said policies. ~ch and every, payable W eaid Mottgag~ee as his ~ int~rest may ~ppe~r. end each and every sach policy ~hall be promptly delivered W and hdd by said Mortga~ - ~ and, not less than ten day~ in advseoe of the e:p"vation of e~ch policy, to deliv~r to sdd Mort~~ss • reo~wd ~ thereo~. cogetber with a receipt tor the premium ot aoch renewal: and there ahall be no e~ch jns~ranos pl~o~d . ~ on a~? of said baildings. any iatereat therein or psrt thereof, unleaa in the (orm and with the bas peyable as + ~ ~torewd; and in the event any aum of money become~ psyabie under auch policy or policie~ and said MatgagM ~ ~ a~~- i~ 8~ ~ _