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HomeMy WebLinkAbout0593 . 384515 0 1 ~1u~ : . ~ 1 ` ' TH18 blORT(3AGB DEBD, tnade and esecuted tM 6th d+iy ot • JV~y l~ 77 • Robert R. Belic 6 Betty J. Belic of 15972 Steinber~ Rd ~ ilellston, Michigan 49689 ~ hieriaatt~ calkd tM Mwtg~gor. whicA cenn shaU inctude the heira. kgal represeautives: aroossso~s aad a~ o! rald Martgagor wh~rsver the oontext ao requires or admite. W"1'UIt'C'~B 1tS8F ASSOCIATE.S, 1NC., P.O. Bo: 618. Jenssa Be~ch. FL 33~57 ~ ~ we~inaRer ulled' tlie Mortg~gee. which term slull iacluaie the sucosssors aad ~ssiga~ ot tM ~ sdd Moct~ges wherevs~ ths conteat ~o requires or admits. W1TNE33ETH: TRet tor deve~ ~ood and vafuebk tonsidei~tiona and also in conaideratan of the ~tt~ eom, T named 'w tbe pwmi~sory note of even date here~rith hereiaafter de~cribed, the etid Mo~tg~gor does herebr srant, b~rgaia. aeU. elie~, romise, release. convey sad eonfirm uato the said Mortgagee, his heir0. su~osssa~s aod as~ns. a!1 tbe certaiu piece..., parcel.... or tracE.... of land. of ~ieich tl~e said Mortgagor is now sei~ed aad _ ` poRassssd and inactw! po~.+e~ssion. aittute ia the County ot 3t. I.~ie and Stats ot florida. des~ibed as ~o1bw~ ~ _ i A - i l S 3 "b undivided inter~t in fee simple ab~,lutc d~ tenant in tommon ~ ; ~ ia tlee eertain real propsrty described in tMr amended Master2~n Dced~p~~irt{e x1M~~C~ } ' Reef Coadominiuma 1. rPCOrded in Official Record Book J~1( i~ W 3~~,~~ _N~:S ~ ; ~ diveetment as set fwth in seid Ma~ter Form De~.d and upon such divqta~ent aa . intarval ownerahip consisting o~ Unit rveelc~ 11~12 .13in Condomioium D-9 0 7 4 0 i o ~ d~ i ` ooaaisting of Apartment Number and its undivided ~hare of the rammon ek:neats - ~~~i~;~~;~ c ot 7lutle Reet Condominiums 1 as such is described in said amended Master Form I)eed. - --~0 s. r" '1'fiia i~ a purcha~e money morcgage. t t I I'~~C D ~ ~ : x ~'t~ ~ < <'2 I t i s t w t h e s a g r~ d b e t~ w e e n t h e p a rt i e s t o t h i s rt~ a rt g a g e t h a t, i n e d d i t i o ~ t o t h e t e r m s a u d o o o d i t i o o s s e t r ? _ - ou t h e r e i n. i t a coaveyance s h o u t d 6 e a d e b y t h e M o r t g a g o r o t t h e p r e m i~ e s b e r e i n d e s c n" b e d. o r a q y p a t t ~ m ' t~ Lhereot without first obtaining both the w~ritten consent of ihe ho{der hereof, and an aasumption ~ this .:~~::Tl-~ ~ ~ obligstion, in writing, by the new propaged Grantee, t6e~, aad in *_:?at event, at the option of the holder herec~ ~ r-t~'n{;~~ ~ t~~ r witLout notite. aU sums of money secured i?ereby shaU. immediately and concurret~tty wit6 auch oonvayanoe. beoonae Y~,~,'. due and payabis and said Note and Mortga~e shaU be in default. ~ ~s~s ~ r ~ TO HAVS AND TO HOLD the same. wgether -~ri~6 all and singutar the teaements, [~reditsme~ta aad ap 1~~ partananoes tbere~nto bebnging or ia en~~vise apperrtaining and the rrversion and reveraions, rem~mder ~nd rs iy~f ~ o an~inders. ronte. is~ aad pmfits thereof and aL~o all the es~ate. right. titk. incerest. property, poasessiom, chim and 4~ d~em~nd w6aCsoev~ w well in law sa in equity .of the aaid Matgagor in and to t6e same and evety ptrt and p~rosl tl~ereof unW tbe ~aid Mortgagee, and his heirs, saccessors and assigns, in tee simpie. _ ~ ; And said Mortgsgor. for himself. aad hi+ tieira. iega! rep~sentativea,. sucres.~•r~ and assigns, hereby aonveaante ~ CJ1 :v i witb atid Mortgagee. hia heirs. lega! representativea. succesaors and assign~,~ that said Mortgag~x is indefessi`bly ~ seized of ~sid land in fee simple: that the said 1?lortgagor has fiill po~rer end lawfw right to convey t6e aaane it? fee ~ '3 simQls as aforesaid: thet it s6e~11 be lawfiil for said Mortgagee. his heirs. leggl representatives. wccessota and ~asigns. " - ~ at dl times pe~o~Wy aad quietly to eater upore. hold. occupy and enjoy said W?d aad every part t4eceof: : ~ Llut s~id 4nd, is froe froro aU incumbrat?ces: tbat said 111ortgagor. his i?eirs. legal repre~e~ntatives. ai~ooeaeors and ; ass~s, w~71 make auch f~tther assuranoes to perfect the fee aimpk title to said land in a~id Mrotgage0. ~ his Mirs, kgal repreeentatives. ~cees~ors and assigns. as cosy rea~onabiy be required: and thrt said Ma~tgagor ; does hereby tutly warrant the title to said land and every part thereof and will defend tha same against t,Ae lawful claim~ of all persons arhom,9oever. It is nnda~atood that each of t6e wrords. ..aote,... ..mortRagor'. end ••mortBaBee•• respe~tively and the praoow~s referring thereto, whether in the singeitar or plural anywhere in this mortg3ge, shali be singulat if ot?e only and ahall be phual jointly and ~everally. iE more than one. and st?all be ma~c~iline, feminine and/or aenter, wdetevar - the oontezt so ia?plies or adroits. Md said Mortgagor for himself nad his heirg, legal repre~entatives, suocessors and a~aigns, hereby oov~anta u~d agraes to and with said 3tortgagee. hia iegai represenLatives. successors and assigns: 1. To pay all aad aingular the principsl and intetest and the vario~s and sandry sutas of money pyable bg? . ~ virtue of s~id promis~ory note, and this m.ortgage, each and every, promptly on the daya respectivdy tbe eams ~ severalty beoome dur. : 2. To pay all and ~iugi~lar the tues. as~essmenu. levies, liabilities. obligations and incambrances of every • - natare and kind now on said dexnbed propertp. andior that hereafter may be impoeed. auffered, place~, bvied s ot assessed ther~evpon. and/or that hefeefter may be levied or aa+~x~ed npon this mortgage and/or t6e indebtednees - ~ se~au+ed bereby. esch and ecery. when due and payable aa:ording to law. before tbey beeome delinqoent~ ud • betore any intue~ att~chea or any penalty is incnrred; and in so tar as any t~ereof ia of reoocd t6e s~ms sh~li be ~ - prompdy satisfied and dixharged of reoard and the originat officiel document fsuch aa, for instanoe~ the taz nwipt or the satisfectiou pap~ oEficiaUy er~doned or certifiedl ahaD be placed in tAe hands of said M~gee ~ wlNia tea days a~t after paymenc; aod in the eveat t6st any t6eneof is not so psid, satia6ed and dis~rgsd, pid ]~Iortgagee may at eay timt psy tbe aame or any pert thereof without waiving or affeding any opttao. biea. eqnihr or right unda ar by virtue of t.i~is mortgage. and the fult amount of e~ch and every sucb p~yme~t sh~II ~ bs im~nediatetp due and payable and ahsll beer inte~est firom ihe date t~hereuf untjl paid at the rste ot ten per a antnrn per annum and together with ~uch interest ~hall be secnred by E6e lien of tbis mortgage. i 1 - 3. To pl.oe and oontinuoasly keep oa the b~dings nov. or hereafter aiUuce on said land f~e and windstocm insurana ia the usual atandard poticy form. in a sum not lea~ than t6e sawant due hereon. in auch oompany • er oanpanies aa rwy be apprr,ved by eaid Mortgagee; and all snch in~ranoe policies on anv ~i said bw7di~. aar ~ intaest therein or part tlxreof. in thc aggregate aum aforeaaid or in escese t6ere~,f, shall oontain t6s c~ ~ rtandard mortgagee clanse raaking t6e los.• under said policies. eec6 and evay. P~Yabk w said Martgagee as Wr inter~srt may appe~r. tnd wcb and every wch policy shsll be prompdy ddivered to aod held by sdd Morta~~ • ~ad. not k~s tlum ten days in edvance of tlre e:piration of each poliey. to deliver to eaid M.actg~~ a narwal • t6eeeot. toget6er with a reoeipt f& the preaniam of such renewal: and th~ere s6+ill be no sacA in~or~noe pLoid - ao t~ oi s~id bui{d"mgs. any intuest therein ~ part theraof. unless ia the form and witb LLe ioea p~yable as • stonMi~ and !n ibe eveat any sum of mooey beoomes p~yabk unda each Ewlicp or po6cies and s~id Ma~tpgN . d ~ u k~ ''~ry - R~aiNd t b' S~ In ^r~NrtOf TiiM QOOK~ I( PACE ~ Dus On C1s~ "C' I+~n01bNPIK~a~M~1r. Ainwm 1o Ch~pbr T!. 18~ Aab Ol ~ - - R00~1 ~OITilI18 ~ . ~ CNr~ C1raiN Corr6 St. LuoM. Co.. F'io.