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Home My WebLink About0737 r ~ aU1LDING "D" •~~~~y THlS MOR7'GAGE D~F.D, made ~nd e~ecuted the _l~dey ol _~CQ(DbP.T' , 19 by Ross H. Hicks and Nancy S. Hicks, his wife of 2209_N. Meadow Dr., Clarksville, TN. 31040 hereinatter c~lied the Mortga~. which term sha0 include the he'u~. leRal rep~e~enutivas, eucceesors aacl assigiu ot the said Mortg~gor aherever the conte:t so requires or edmits, to TUR17.E AEEF AS.SOCIATE3, INC.. PO. Bo: 618. Jeoaen Be~ch. Fl. 3345T heroin~fter caUed' the Mort~gee, ~hich txrm ahall include the successora ~nd aeai~na of tlu aaid Mortgagee wherever the conte:t +o requires or admita. WITNES.SETH: That for devers Rood at~d vsluaAk consideratioas, end e4+o in oonsider~tion ot the eggreRata eum named in the promiaaory note ot even date herew~ith hereinafter descrihed, the aaid MortRagor doea hereby grant, bargaia, seU, alien, remiee, rnlease, conve~ snd confirm unto the said Nortgagee, hia heirs, sucoe~son and asaigns. all the cettain piece.... parcet.... or tract..., ot l~nd, of ~rhich the ~aid Mortgagor is now seir.ed ~nd pos~e~aed end inactuel po~~essioa, situate in the County nf St. Lucie end State of ~brida, dexribed sa fallowa: q O.U169 % undivided interest in fee simple absolute as tenant in common ~ in t e certain real property described in the Master Form Deed of Turtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to divestment as set forth in said Ma~ter Form Deey~4aandu~~n such divestment an interval ownership consisting of Unit Weeks in Condominium p-2g , consisting of Apartment Number ~-28 , and its undivided share of the comnon elements of Turtle Reef Condominiums 1, as such is described in said ~ Master ~orm Deed. This is a purchase money mortgage. It ie furtAer a~eed between the parties to thi~ mortgaqe that, in addition to the terms end oonditions xt v ~ out herein, i[ a conveyanee ~hould be made by the Mortgagor of the premi~es ~erein dexribed, or any part 3 thereot. ~rithout fitst obtaining both the w~ritten consent oi the holder hereof, and an saeumption of tlus ~ obligatioe, in writing, by the new proposed Grantee, then. ~nd in that event, at the option of the holder hereof. ~ withoat notice, all ~u?na of money ~ecured hereby ~ha4 immediately end rnneurtently with ~uch conveyanoe, become c ~ 3 due and psyabk and said Note ~nd Mortgage ~hall be in defeult. ' ~ ~ Vt - ~ o,_: TO HAVE AND TO HOLD the +sme, together aith all and ~ingular the tenements. hereditaments ud a~ partenantea tAereunfo bebnqing or in anywrise appertaining end the r~wers~on and reveraions, remainder and r~ x:H'"' ~ ~ z= a~ainders, renta. i~sues and profits thereof and a{ao all the estete, rigfit, title, intercyt, property, posseaaioo, claim and 3;= ' - demand whst~oever as weU in iaw as in equity of Lhe said MoKgagor in and to the ~sme and every p~rt tnd r ~ parcel thereof unto the said MortRagee, and hi~ heir~. ~ucceaeora and assi~n~, in fee simple_ P 2 ~ ~ Md aaid Mort~gor, for himaelf. and his heirs. kgal repreeeatatives. suecesaora and a~siges, iienby oonve~aete i with said Mortgagee. his heirs. legil reprexntativw, suecessors and as~ign~. that aaid Mortgagor is indefe~aibly ~ i i ~ 1' ; ~eised of said lsad in fee aimple: that the aaid Mortgagor }ua full pow~er and law~ful right to rnnvey the aame in fee ~}Q--~ ! eimpk as ~foreasid; that it shsll be law~ful tor said Mortgagee, hie heirs, iegal npresentatives, succeasore and aseigus, ;i{; ;;;C?~ ; at all time~ peeceably and qnietly to enter upon, hold, occupy and enjoy said land end every part tbereof; 3 Y ~ that said lend i~ free from all incumbrancer, thet said Mortgagor, his heir~, kgal reprqentatives, aucce~sora and Z~ ~ t suigns, w~ill make auch turther assurance~ ta periect the fee simpk title w said iend' in eaid Mrotgagee, Z'-=[~ ' his heirs. legal representative~. ~uccessor~ end aa~igne. as may reasonably be reqaired: snd Lhat aaid Mortgagor ~ doea hereby iuUy warrant the title w said land and every pert thereof and wiI! defend the same egeinst the E Iewful ctsim~ of aU per~on~ wrhomsoever. •'i"~~:(:'a : '~1}:' ~ It i~ understood that each of the words. "note", "mortgaqor" and "mortgagee" reapectively and the pronouos ~ referring thereto, whether in the singuler or plurai any~vhece in thia rtartRage, ahall be singular if one only and shall be plura) jointly and severaAy, if more then one, and shall be mseeuline, feminine - and/or tieuter, wherever t 1 l f 1; the rnnte:t so implies or admit~. - O ~ And eaid Mortgagor for himaelf end hi~ heira, legal repreeentetivea, ~uocessors and essigna, h~eby covenants and i o agreee to and with ~aid MortgaRee. Ais legel reprexntative~. successors and asaigns: ~'c3 ~`~s (1t ~ 1. To psy aIl and ~inRular the principal snd interest and the variou~ and aundry aums of money payable by virtae of said promiasory note. and this mortqsge, each and every. promptly on the days reapectivelv the ~uume ~ ~everaUy become due. i Z. To pay aU and singul~r the tue~, eseeasmenta, leviea, liabilitiea. obligation~ and incumbrsnces of every F nature and kind no~v on ~aid dexribed property, andlor that 6ereafter msy be imposed, suffered, placed, kvied _ ~ esxssed thereupon, andlor that tiereafter may be ievied or saseeeed upon thi~ mortgage and/or the indebtedness ` secured hereby, each and every, when due aad peyabk according to law, befae t6ey became delirpuent, and ' betare any intereat attachee or any penaltY is incnrred: and in so f~r ss any thereof ie of record the aame elull be promptly ~atiafied end dixharged of record and the oriqinel official documrnt lauch sa, tor ieatanoe, the t~ rsoeipt or the aati~faction paper officially endorsed or certifiedl ahall be plsoed in the hends ot said MoKgagee ' Rithin t~ daya oe:t after payment: and in the event that any thereoi ie Aot so paid, aati~fied and diec~arged, r eeid Morigagee may at aay time pay the eame or aay part thereof witho~t waiving or affecting aay option, ~ lien, equity or right under or by virtue of this mortgage, ~nd t6e tull amount oi each and every ~uch payment sheU be immediately due end p~y~bk snd ahall bear intereat from the date thereof until paid ~t the nte of ten per ` canturn per annum and tog~ther with such intereat shall be secured by the lien of this mortgage. , J ~ i 3. To place and rnntinuou~ly keep on the buildiags no~r ar hereafter eituate on said tend fire and windatorm r~ insunnce in the u~ual atandard poGcy form, in s eum not kse thszt the amoant due hereon, in such oo~any or companies e~ mey be epproved by eaid Moetgagee: aad aU sach insarance policies on any of said bui3dinge, any intersat thenin or part t6ereot, in the aggregate aum aforesaid or in ea~ces~ thereof, ahell concain the uawl standard mortgagee claux making the {o~ uAder said policies, each and every, peyabk W said Mortgagee as hi~ interest m~y appe~r. and e~ch and every such poliry a6sll be peomptly detivered to and de{d bp said Mortgagw~ • and. nM kas tban tea days in advanoe of che s:piration ot each poticy. to deliv~r W said Mortg~aes a e~eo~wd tbereot. together ~rith a receipt tor tbe premium ot such reaewal: ~nd tl~aee shall be no eueh ins~u~nos plao~d on any of eaid buildings. any iwterest therein or part thereoi. unbas in Ws focm ~nd with tus bas p~yable ~e ' ai~eeaid: and in the event any sum of money bsoomes p~yabls under such policy or policies aad said Mortgags~ E~CA~W PACE I~ RECftYEO S~-3 6- 1N PAYMfNT OF TAXES ~UE OM CL`SS INtAN6 BLE PfRSOHAI PROPERTr, PURSUANi TO i!lAPTE~ 71•3~4,- ACTS Of i971. ~ R06ER POITRAS ~ ~ CtERK pACUiT COURT, ST. LUCiE CO.. t1~ - - ,