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Home My WebLink About0563 id ~iy~i~~~;~ BUILDING ~~p,~ ~~'9~~~ ~ Re•Reco ) THI3 MOR7'GAGE DEED, made and e:ecuted the 8th dsy ot December , la Jr by Max M. P.gQt~anii ~rife Carp.]_~~________ _ _ of l$16 Frjete A~,~~bnr, Mi ~810A he~einafter called ths MoKg~gor, wAich terni ~h~ll include tAs heira, k~l repreeentatives, auctsisors wd assign~ ot t~e said Mortgagor aherever the conte:l. ~o n~quire~ or ~dmita, to TURTLB REEF AS.SOCIATES. INC.. P Q Bo: 618. Jeoxn Aeach. FI. 33459 he?ein~fter called the Mortgagre, wrhich term ehsU include the aucceasora and ~eaigne ot the ~aid Mortgagee wherever the conteat eo requires or admit~. WITNESSETH: That tor devera good and valuabk conaider~tions, end alao ip coneiderstan ot the aggreRate eum named in the promissory note ot even datc herewith hereinatter dexribed, the ~aid Mortgagor doea hereDy grant, bergein, se11, aGen, remise, relea~e, convey snd ~onfirm unto the ~aid titortgagee, his heir~, succes~ora and s~igns, aU the certain piece..., psrcel.... or trect.... of 4nd, of which the said Mortgagor ie no~r eeized and pos~xd snd insctusl pos+ession. situate in the Cwunty o( St. Lucie and State ot Florids, dexribed ss toUows: -A 0.0769 ~ undivided interest in fee simple absolute as tenant in corrmon L,in t e certain real property described in the Master Form Deed of Turtle Reef -.~ondominiums 1, recorded in Official Record Book 2b3, Page 2002, subject to ~divestment as set forth in said Master Form Deed~and upon such divestment an interval ownership consisting of Unit Weeks 11 and 12 in Condominium D-6 J ~ ;',;consisting of Apartment Number D-6 , and its undivided share of the o comnon elements of Turtle Reef Condominiums 1, as such is described in said _ ~ Master Form Deed. This is a purchase money mortqage. ~ ~ a ~ It is furtAer agreed between the parties to thi~ mortgege thet, in addition to the terms and conditions ~et - out herein, it a conveyance should be made by the Mortgagor of the prnmises herein dexribed, or any part thereof, ~rithout nrst obtaining boih the written con~ent ot the holder hereof, end an assumption of thi~ obligation, in writing, by the ne~v propo~ed Grantee, then, and in that eveat, at the optioa ot the bolder hereof, wathout notice, all sum~ of money ~e~cured hereby ~haD, immediately and concurrently w~ith such conveyance, become due and payable and uid Note and Mortgnge shell be in default. i TO HAYE AiVD 'i'O HOI.D the same, together with aU and ~ingular the tenements, hereditamenta and a~ purtenance~ thereunW belonginq or in anvwise appertaining end the reverq~on end reversiona, remainder ~nd re ' auinders, rents, issues and profits thereof and also all the eetate, right, title, interest, property, poaaea~ion. c4im and ! demand what~oever aa weU in law as in equity ot the said Mortgagor in and to the same snd every patt and 4 rcel thereof unto the ~aid Mort a ; pa g gee, and hi9 heirs. ~ucces~ors and as~ign,, in fPe simple. f And aaid Mortgagor. tor himself, and his heirs. legel repreeentatives. successora aod assigns, here6y convenanta 5 with seid Mortgegee, hia he'vs, legal repreaentatives, aucceesora and assigns, that said Mortgagor ia indetessibly E xiud of said lsnd in fee ~imple: thst ihe aaed Mortgagor haa fuU power and law~ful right to convey the saroe in fee 5 aimpk aa aforesaid: that it ehe~l be tawrful for ~aid MortRa~ee, hia heirs, legel representativee, auccessoro and aseigns, ~ et aU timea peaceably and quietly to enter upon, hold, occupy and enjoy eaid lend and every part thereof; ~ thet said land is free from aU incumbrancea: that said Mortgagor, hia heirs. legal representatives, successors end ~ suigns, will make ~uch Iurther assurar~ces to perfect the fee ~impk title to said lsed in eaid Mrotgagee, "s hia Ae'v~, legal representetives, successors snd es~igna, as mey r~sonably be requited: and that said Mortgagor ~ dcea hereby fuUy ~rsrrant the title to said iand snd even part thereof snd ~rill defend the aame against the - law~ful claims of all per~ons whomscever. 3 ~ ]t is understood ihat each of the words. "note", "moKgaqor" and "mortgagee" respectivety and the pronoune rnferring thereto, whether in the sinRutar or plural anywAere in this mortqsge, shall be ~ingulat if ont only snd r sha11 be piural jointly and severelly, if more thsn one, and shaU be maxuline, feminine nnd/or neuter, wherever the contezt so implies or admits. _ Aed aaid Mortgagor tor himseH and hia heir~, legal representativea, succeaeo~a end essign~, hereby rnvenante and agtees to snd writh ssid MortgaRee, his legut representatives. ~ucceasor~ and aesigns: ' 1. To psy all end ~inRuter the prir.cipal and iniere~t. and the varioos and sundry sums of money payabk by _ ~~rtue of said promia~ory note, end this rtwrtgage. each and every, promptly on the days respectively the ~ame severally become dne. - 2. To pay all and singuter the tazes, assessmenta. leviee. liabilities, obligetions and incumbrances of every - nature end Icind no~v on said described property, andJor thnt heresfter may be imposed, suf[ered, placed. levied or aase~sed thereupon, and~or that hereafter may be levied or esseased upon thia mortgage snd/or the i~ulebtedneae ~acured hereby, each and every, when due and payeble eccording to law, before tl~ey become deliaqaeA~ and ; before sny~intereat attachea or any penalty is incurred: and in ~o far as any thereot is ot record the eame ehall be ' promptly aatiafied end dixherged of reeord and the original offieial document Isuch sa, for iastanoe, the ta~[ g reoeipt or the satiafection peper otficially endorsed or certifiedl ahall be plsced in the handa of said Mortgagee 3 within ten daye ne:t stter peymenr, and in the event that any thereof ie rwt ~o paid, satisfied and discharged. aaid MoKgagee may at any time psy the same or sny part thereoi without waiving or sifecting aey option. lien. equity or right under or by virtue of thia mortgage, and the full amount of each and every such p~yment ahall be immediately due end paysble and shall bear interest from the date thereof until paid at the nte of ten p~ centum per annum end together with such interest shell be secured by ihe lien of thi~ mortgage. 3. To place snd continuou~ly keep on the buildinga no~v or her~fter situete on said land fire and ~vindstorm insurence in the a~ual atandard policy form, in a aum not k~s than the amount due hereon, in such oompany or companiea a~ may be approved by said Mortgagee: aed dl e~ch inaurance policies on any of said buildings, any intere~t therein or pert thereof, in the eggregate sum aforesaid or in e:ceaa thereaf, sheU rnntain the uswl etandard mortgsgee claux making the loar under aaid policies, each and every, payable W said Mortgagee as hi~ - interest may ~ppetr, end each and every such policy shal! be promptly delivered to and held by ssid Mortg~~ - ~ and, not tess t6an ten days ia advance of the e:p'vation of etch polky, to delivtr W said Moatgsse~ • reo~wd ` ~'7 tlxreof, together with a receipt for the premium of suc6 renead: and thel~s aball be , ao euth iniurance pl~ed ~ l~ on ~ny ot said buildings, wy interest therein or part t6ereof, unk~s in t6s to~m and with ths bsa p~y~bie u ' ,'1.~• ~foresaid; and in the evsnt any sum of money beoomes p~y~ble nnder such poGcy or policiss and sai.df MortgagM , ` . . _ ~-~s~Y Payrn~r:• t~' e~yc ~ " ~ ~ O~e~ ~n Cless •.C.. ~rnan~ibie Personal Properry, :~:t-L~. ~ ~ ~ ; ~i~~79 ~4 ~ 80~5 ~14 ~?suaM To Chapter 71. 134. A;~y p{~871. - ; - ' ' ~ R ~ ROGER POITRA$ c~ ~ ~ ~ ~ ;i. i~ ` - ~ - - , ~ ~ = ~~K j, ~si ~ ~ s~ .