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Home My WebLink About0990 ~ 3~9~4~39 ~ ~ BUIlOING ~~o~~ ~ THI3 MORTGAGE DEF.D, maee ana ~:ecuted che20th ~y o~ November ~s 77 br Arlene B_ Kr~l ef 8~Q Nnr~ F~l^k Rd~. t~ar . fl~~~.~4 b~twnaftar ealled tM Mort~agor. wAich term shaU iaclude tM Aeirs. 1ega1 repese~tatives. sucos~socs ~nd ~ai~n~ at tl?e uid Mort~gor whereve~ the conte:t ~o requires ot ~dmits. w 1VRT[.E REER AS,SOCIATES. INC.. P.O. Aos 6~8, Jenaen Be~cle, FI. 33159 hereiaa[t.ar calkd' the Mortgagee. which term aAaU inelude tl~~ succe~so~s aad assig~s of tM xid Mort~ges wherever the conte:t ~o requires or admits. WITNE3SETH; 71ut tor devera Rood ~nd v~luebk conaider~tions, snd slao in con~identioa ot the ~re~te sum eamed in the promiesory note ot even date herewith hereinafter dexribed, tbe eaid Mortg~gor does hereby gran~ bugain, se4 alien, remix, rekex, oonvey •nd eonfiren unw the said Mortgagee, Aia heirs, ~uceessors u~d • assi~ns. all tlx~ eertain piece.... parcel.... or tract.... ot land, ot which the said Mortgagor is now seir,ed and po~ae~sed ~nd inactuel pos+e~+ion, situate io the County of St. I.ucie and State oi Florida, described ~e toUowx A 0.0769 ~ undivided interest in fee simple absolute as tenant in common + i t e certain real property described in the Master Form Deed of Turtle Reef ; Co dominiums 1, recorded in Official Record Sook 263, Page 2002, subject to ~ - di estment as set forth in said Master Form Deed and upon such divestment an a in~erval ownership consisting of Unit Weeks 45 and 46 in Condominium D-30 , a$ ~ co~sisting of Apartment Number D-30 , and its undivided share of the ~ ~ r:-=a co n elements of Turtle Reef Condominiums 1, as such is described in said Ma ter Form Deed. This is a purchase money mortgage. ~ = ~ ' • ~ - ~ v~~• i + o~' j It ie further a~eed between the parties to thia mortgage tlut, in adc}it'an W the term~ and conditions set i - ou herein. et a coeveyance should be msde by the Mortgtgor of the premi~ea ~erein deacribetf. or any put ~ ^ = f, without firat obtaining both the written rnnseat ot the holder hereot, and an assumptioo ot t6is ~ N~ ~ ' tion. in writing. by the nrw propo~ed Grantee, tJ~en, and in that eveat. ~t the option of the Iwidec her~eof. wi t notice. aU aum~ ot money secured hereby sha4 immed'utely and concvrrently with such conveyaaoe. beoome ~ and p~yabk and said Note and Mortgage shall be in default. ; TO HAVE AND TO HOLD the same, together aith all and singul~r the teaementa, hsreditamente and ap~ thereunto bebnging or in anvw~ise appertaining and the reversion and reversione, remainder and re. mainders, reat~. issues and pro6ts thereoi and elso all the estate. right. title. interest. PropertY. possessan. cLim uid dtm~nd wlu~tsoever a~ aeU in lew as in equity of the asid Mortgagor in and to the ume and every ptrt and p~roe! ti~ereof uow the aaid Mortgagee, and his heiro, succasaors and a~sign~, in tee simpk. And said Mortqagor, fw himself, and his heirs, kgal reprassnt~tive~, succe~or~ snd sasigua. 6~eby convenents with said Mongagee, hie 6eir~, legal repre~entatives, suceeseoss and auigns, that eaid Martgagor is indefeasibly seised of aaid 4nd in fee simpk: that the aaia Mortgagor haa tull power and taw~ful right w oonvey ihe same in fee simpk as ~foreeaid: tlut it ~haU be lawfnl for eaid Mortgaqee, his heire. legal representatives. suceessors and aasigns, ~t all titnes peaceabiy and quietly to eater upon, Iwld. occupy and enjoy said laed and every p~tt thereof: d tbat eaid land is free from all incumbrances: that aaid Mortgsgor. lu~ heirs. kgal representatives. succeseors ud ~ assigns. wiil m~ke ~uch further assurances to perfect • t~e fee eimple title W said land in said Mrotgagee. 6is heir~, kgal repre~entatives. ~cce~ora ~nd assigns. as may re~son~biy be required: end that said Mo~tgag~or does hereby fully werraat the titk to said laad and every part tAereot and w~71 defend the ssme againat the ' ~ lawful claim~ of all peraons whomsoever. , It is underatood that each of the word~, "note". "mortgsgor" and "mortgagee". respectively and the prawnns reterring t6ereto, whether in the singular or plural enywhete in thia mortgage, ahall be ~ingutar if oae only aad ~hall be planl jointly and ~everaUy, if more than one, and shaU be maeculir~e, teminine and/or neyt~r. whaever i; _ the contezt so iwplies or admit~. And said Mo~tgagor for himxii ~nd his hrire. kgal representaciv~es. stecre~ore and eeaigns. h~eby oovenente and _~groea to and with said MortRaRee. hi+ legal rcpreaeat~tive~. aucc~ora and assiAn~: ' 1. To pay sU ~ed sinRular the principa! snd interest and the varioua aad sundry sum~ of money payaWe by _ virtue of said promiasory note, and thi~ rtwrtgage. each and every, prompdy on the dsys reepectivdy tfie ssme xverally becomr due. 2. To pay sll snd singulu the tues, assessmenta, kviea, liabilities, obligatan~ and ineumbnnces of every nature ~nd kind now on said dexribed property, andlor thst harerfter msy be imposed, auffered, placed, levied or aaaessed thereupon, end'or that hereatter m~y be kvied or assessed upon this mortgage and/or the indebtednees secnred hereby, each and every, wt~ due ~nd payabk according to lsw, before tbey become detinqaent, and - before wy inter~st atteches or eny perulty ia incunrod: and 'w so fu is any tbereof is of record the sime shvl be ~ . prompdy satisfiied and discle~rged of record and the origind official docnment Isnch as. for instanoe, the ta= reoeipt or t6e a~tisfsctan p~per offic'ially endor~ed or certified! shall be pl~oed in the handa of said Matgagee witl~in ten daya ne:t aft~ p~yment: and in the event that ~ay tliereof is not so p~id, eati+fied and diich~rged, said Martgagee may et any time pey the e~me or any p~rt thereof withoui waiving or aHecting any option, lien, equity or reght under or by virtue of this mortgage, and tl~e full amount of e~ch and every such p~yment s1~1! be immediately due ~nd p~yabk and alsall bear interest from the date tlbreof aaU7 paid ~t the rate of tsn per oeaWn~ per annum and togetha with suc6 interest abaU be ~ecnred by the lien oE this mortgage. . 3. To pLce and rontinuously keep on tbe buiWings now or lknafter sitwte oo said land fire and windstorm insur~nce in the u~uai atandard policy form, in a sum aot kss than the aawant due hereoa, in such aompany - or oomp~nie~ as may be ~pproved by said Mortgagee; and all such ins~uana policies oa any ot eaid buDdings.' ~ny ~ interest therein or put thereo[. in the aggregate sum aforesaid or in escess thereof. shall contain Lbe awul rtandard morte~8ee cl~uee making the ios~ unde~ eaid policies. e~c6 and evecy, P~Y~ble w said Mortgagee as 6ir iacera.c m.y appe.r. .nd e.ch and every such poliey sball bs prompcy dehvered w and held by .~W Mat~~ • and. not kss tdan ten days iw advanoe oE the ~piration oi e~ch poliey, W ddiv~ to wd Mortsa~s a~d i J ti~eol. toget6ar with a reo~pt tor the petmium ot such renerwal: and tl~e+s ~haU be ao snc6 inwrmos p1~ad on any ot said buildiaga, aay intereet tl~an or p~rt thereof. unle~s in tbs fam and witti tbs ba payabls u . dorasaid: and in t6e evsnt any ~um ot noaoey beoomes payabk under wuh poliep or polieie~ N[atg~~ UF~e~~ed s In P~k Of T~oo~s 0 R ~~~e O~ Cless "C" Ir~tsnOlbM?~non~~ProPM111. dO~K ~~E ~Q suBM TO 1~1~QiM~ ~~4r ~f ~ "w ~06~1 P041n~s~~ ~ r~..? brv.it eea~f _~t_ lildY_ CA. _ FIL