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Home My WebLink About0729 , QUILOING "D" . a3~Q3~~ i / THIS MORT(iAGE DEF.D, msds and e:ecuted che 10 day ot January 19 78 by EmnPtt G_ Ql~~rk and .lPan T~uirJ~,~i~ wife ~f 4 Cncna~~lm~, Qriyp: C~e Canaveral , FL , 32920 bareinatUr called th~ Mortpgor, which t~m ~Aall inciude ths heirs, iegal rqxeesatativsa, succss~on and u~isn~ ot the sRid Mottgagor whersver the contest so requires or admits. to TURTLE REEF AS.SOCIAT~S. 1NC.. P.O. E3o: 618. Jenxn Beach. FL 3345? hereinatt~ called the Moetg~gee, which term shail include the auccesao~s and aasigne of the said Mortg~gee ~herever the conteat so n~quires o~ ~dmit~. WITNESSETH- T~at for devera good snd valueble conaidcretioas, and also in consideration of the aggregate sum nsmed ia the promissory note of even date herna~th hereinafter dexribed, the said Mortgagor doe~ hereby grant. bargain, xU, alien, r+emix, rebase, con~•ey and conlirm unta the ~id Mortgagee, hie heirs, sucossaoro aad aasigas, dl the certain pieca..., parcet.... or tract.... ef I~nd, ot which the eaid Mortg~gor is aow seited az?d po~aed snd inactual po»es~ion. aituate in thp County oi St. Lucie and Stete of Fiorida, described ae tolbwa: ~ A 0.0196 ~ undivided interest in fee simple absolute as tenant in common in t e certa~n real property described in the Master Form Deed of 7urtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to divestment as set forth in said Master Form Deed and upon such divestment an interval ownership consisting of Unit Weeks 3 and 4 in Condominium D-8 , consisting of Apartment Number p_g , and its undivided share of the comnon elements of Turtle Reef Condominiums 1, as such is described in said ; Master Form Deed. This is a purchase money mortgage. ~ f It ia further agreed betaeen tAe partie~ to ihi~ mortRsqe that. in additinn to the terms ind rnnditions ~et ~ ~ ~ out berein, if a conveyance ~hould be made by the Mottgagor ot the premixa herein dexribed, or sny part ~ ~ thereo[, without firat obtaining both the ~rrittea consent of tbe holder hereof, aad ~n aesumption ot this " ~ a obligatioa, in writing, by the new p~npnsed Graatee, tAen, and in thet event, at the option of the holder he~eot, ~ ~ Z; withoat notice, all sum~ of money ~ecured hereby ~hall. immediately, and con~vrrendy ~rith auch conveyance, beoome W dae aad p~y~bk and said Note and Mortgage shall be in default. _ v ; a Q; TO HAVE AND TO HOLD tHe ~ame, together with a11 and singuLr the tenements, hereditaments and ap~ ~ partenaaoes t~ere~nto bebnging or in any~rix apperCaining ~nd the :evcrsion aiu! reveraions. remainder and r+~ rtuindera, ronb, ieaues end profit~ thereoE and s(so ~11 Wa eatate, right, title, interest, property, possesaion, claim and , dem~nd whataoever aa well in law ss in equity ot the said Mottgagor in and to the ~ame ~nd every part aad . p~rcel tltereof uato t6e said Mortgagee, and hi~ heir~, successora and sasign~, in fee aimpk. And aaid Moitg~gor, for himself. end hi~ heira, kgal ropressatativea, auccee~ora and assigns, he:eby ooevea~nts J w+ith sRid Mortgagee. his heirs. kg~l representative+. auccessore and as+ign~, that said Mortgagor is indefessiMy E xized of eaid Lnd 'w fee simpk: that the s~id Mortgagor has fuU power and lawiul right to oonvey tbe seme in fee i aimpb aa •foreaaid: that it shsll be la~rful tor said Mortgagee, his heira, kgal repredentativea, sneceason and asaigns. at al! times peaceably sad quietly to enter upon, hotd, occupy ~nd enjoy said land and every part tliereof: s that said Isnd is free from all incnmbrancea: that said Moetgag~or, his heirs, lega) repreaeatative~, succrasore and asaigns, wrill make such further aasurancxs to perfect the tee ai~npk title to uid 4nd in eaid Mwtgagee, his beirs, legal repn~entatives, succe~sora ~nd asaigne, as may reason~biy be required: and that eaid Mo~tgag~or ~ ; doee henby tully w~rrant the titk to aaid Iend and every pert thaeof and will defend the same againat the ~ ~ lswiul claims ot aU persons whomaoever. _ It ia under~tood that each ot the word~. "note". "mortgsgor" snd "mortgagee" respectively and the pronoune ~~1 referring thereto. whether io the singular or plurel any~vhere in thia mortgsge, slull be singular if one only and shaU be plural jointty and severally, if more than one. aad shall be maxuline, terainine andlor n~ter, wl~ever •~.~7,~;'~ the tante:t so implies or admits. _ ~ And said Mottg~gor for himaelf and his heira, kgal representatives. snoceseoss ~nd assigns. heeeby covenants ~nd agrees to and with ~aid MortgaRee. hi~ legal roprcsentativea, aoccessora and asaigns: 1. To p~y all ~nd ~inqular the principal end intereet and the vsrio~a and sundry aum~ of money payable by _ ~ virtue of eaid promis~ory note: end thi~ mort~ge. each and every, promptly on the d~ys respectively the ~me - xveraUy become due. 'L 2. To pay sU end aingular the tues, aseeaamcnte, kviee, tiabilitiea, obligations ~nd incumbnnces of evary nsture and kind noiv on ~aid dexribed property, and/or that hereafter may be imposed, eufiered, placed. kvied or ~axased thereupon, andr'or thst hereafter msy be levied or aasessed upon this mortgage andlor the indebt~ednees xcured herrby, each end every, wrhen due snd p~yabk according to law, befoe+e thay become delinqneak and befors any iaterest attachee or ~ny penalty ia incurred: and in so f~r as ~ny thereof is o! reeord the sams st~ll be ~ ` pmmptly aatiafied and dixharged of record and the original offieial document Isnch as, for inatanae, tbe t~ rooaipt or the sati~fsction paper officially endorsed or crrtifiedl s6all be placed in the hands of ~aid Moctgages within ten days ee:t ~fter p~yment: and in the event tlut any thanat is not so paid. sawfied and discharged. j said Mortgegee m~y at any time pay t6e aame or any part thereot without waiving or sffectirig anY option. : lien, equity or right under or by virtue of this mortgage, end the tull amount of esch and evary such p~yment sball - be immediately due ~nd payabk and ahall bear intere~t from the date t6ereof until paid at the rate ot ten p~ centurn per annum and together with suc6 interest shrll be secured by t6e lien af tbis raortgage. 3. To place and continuousiy fceep on the buildings tww or h~re~fter eituate on said land fire and ~rindstarm insurance in the usud atandard policy form, in a aum not l~ss than the aa~ount due hereon, in such oompsny or companiee ae may be ~pproved by said Mortgagee; ~nd sll such insuranoe poticies on any of aaid buildings, any interest therein or part thereol, in the aggregate sum atonxaid or in ezcass thereof, shall oontain tbe uwal ~taad~rd mo~tgagee claue~ walcing the los~ under said policies. each and evary. P~Yabk to said Mortg~gee ~s 6ir u C-. intsre~t ao~y ~ppear. aad e~ch and every such policy shall bs pro:nptly dsbiv~eed to and held by ~aid Mortga~ - u~d, not kss t6an ten days in advance of chs ezpiration ot a~cb poiicy, to deliv~r to ~eid Morigye~ a e~o~wd ~ tbereoi. toget6er with a receipt for the premium ot suc6 re~wal: and tti~a shdl be no eucb inwraaee pl~ad . z on any of said buildings. aay inteteet t~n ~ part thereof. unlew in t6s form and w3t6 ti~s lo~s p~yabie as ~ ~ dore~aid: aad 'm tbe event any rum ot maosy becoms~ pa~~ ander wch poticy or policiss and said Mortg~~ ' RE~ 1`~_! lN ?11YIAENT Oi TAXEi C U£ ON tt- ~S~6 slE PcASOrilll PiIOPERTY. BGOK PAGE ~ t U'r.57;.N+ TO HA?Tf . 71-.. ACTS Of 1~)i. ~ ~C6.R PullfiJlS ~ - Cl_i,K G.~:U.1 COU~T~ ST. LUC1E COy F1~, . . . . _ _.s_ . - . ~ . ~ . - . . . . . - - ~ ~ a + _ i