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Home My WebLink About0746 BUIIDING "o~~ 3yU3~5 3 ~ 1 THIS MORTGAGB QEFD, made snd executed the . 3O d~y o~ Uecember ~ 19 _ by John Metas and Lori_Metas, his wife of 4110 Crooked Tree S.W., Nyoming, MI. 49509 hereinaher called ths Mortgagor, which term shaU ioclude the heire, kga! representatives, eucceasors aad aeaigeu ot the e~id Mortgagor wnc~rever the cante:t eo n~quires or admits, co TURTLS REEF AS.SOCIATES. INC.. P.O. Ho: 618. Jeneen Be~ch. Fl. 3345? herein~iter caUad the Mortgsgee, rvhicA term shaU include ~he successo~s end aasigna of tl~e naid Martgagee w~Aerever the conte:t ~o require~ or admit~. W1TNE3SETH: Thet tor devera Rood end veluebk coneideratioos, end alao in con~ideration ot the aggreqate eum named in the promiaaory note of even date here~vith hereinafter dexribed, the said Mortgagor does hereby grant, bergain, ~ell, alien, remise, reles~e, con~•e~ and confirfn unto the said Mortg~gee, hia heirs, euccessors and aasigna, aU the certain piece..., parceL... or uact.... ot Isnd, of which tAe said Mortgagor is now seized ~nd o poaxsaed snd inactusl pos.~~sioo, situate in the County ot St. Lucie nnd Stste ot Fbrida, dexribed es foUo~rs: q 0.1153 a undivided interest in fee simple absolvte as tenant in common in t e certain rea] 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 Deed and upon such divestment an interval ownership consisting of Unit Weeks 10,11,12 in Condominium D-19 , consisting of Apartment Number D-19 , and its undivided share of the comnon eiements of Turtie Reef Condominiums 1, as such is described in said Master Form Deed. This is a purchase money mortgage. It ie further agrred between the panies co this mortgeqe that, in addition to the terms snd conditions set ont henin, if a conveyance should be made by the Mottgagor of the premiaes herein dexribed, or any p~rt thereof, without first obtaining both the ~vritten conaent of the holder hereof, and an asauiaption of thie 4i obligation, in writing, by tAe nea proposed Grentee, then, and in thet event, at the option of tha !a{de~ hereof. _ s without notice, all aums of money secured hereby shell, immediately end concurrently with such rnnveyance, become - due and payabk and said Note and Mortgsge ahall be in detsult. ~ _ TO HAYE AND 'I~O HOLD the ~ame, together +vith all ond singular the tenemeeta, heteditaments ~nd a~ . purtenaocea ChereunW bebnging or in anvwriee appertaining and the r~werseort and rever~ione, remsiaddr and ra - mtinders. rent~, iasuea and profits thereof and elso aU the eatate, right, titk, interest, property, poaxaeion,. clsim and • • demand whatscever as welt in !aw as in equity of the eaid Mottgagor in and to the same end every part and - percd thereof unto the said Mortgagee, and his heir~, successors and as~iqn~, in fee aimpk. ~ And aaid Mortgagor, for himselt, and hia he'v~, legsl repreesntatives. ~uccea~ors and asaigns, hereby oonv~snte with said Mortgegee, his heirs, legal repre~entstives, eucceaeora and auigns, that said Mortgtgor ie iadefeaaiWy i seized of said land in tee simple: that the asid Mortgagor has fuU power and Iaw~ful right to convey tl~e aame in tee i simpie as aforenaid: that it ehall be la.vful tor aaid Mortqagee, his heirs, legal representatives, successore and assigne, at all timea peaceably snd quietly to enter upon, hold. occupy and enjoy said laad and every part the~eof; ~ that said land is free from all incumbrences: that said Mortgagr~r, his heira, kgal repre~eatatives, aucoesa~ors and i assigna, w~ill make such further ss~urancea to perfect the fee aimpk titk to said land in eaid Mrotgagee. ~ hi~ heir~, legal repreaentatives, successors and e~~igna. ea may reasombiy be required: and tlut ~aid Mortgagor ~ does hereby tuUy warrant the title to ~uid Isnd and every part thereof and wiU defend the aeme against the i lawfut ctaim~ of all per~one whem~oever_ : i lt is underatuod that each oi the words. "note", "mortgagor" and "mortgagee" reepcctively snd the pronouna referring thereto, whether in the singuinr or ptural eny~rhere in this m~tgage, ~hall be singular if one only and "-~hall be plural jointly and ~ereraUy, it more than one, end ahell be maxuline, feminine sndlor aeuter, wherevrr ' ~;i f~ the coate:t so impliea or admit~. ~ 's :I ; Aod eaid Mort for him~elf and his heirs, 8~8~ legal representativea. suoceseoro and eseigns. hereby oovemnte and _:3~ agrees to and with ~aid MortRaqee, his lega! repreaentativea, succe~.~ors and assiqnr _ .n . _ 7~ 1. To pay all end ainRuler the principa) and interest and tha varia~s and sundry sums of money psysble by _ : ri F vertue of said promis~ory note. and this mortgsge. each and every, promptly on the deya respectively the same s : _ „ { xveraUy become due. ~ L ~ 4 ~ ; j~ ; 2. To pay aU and aingular the tuea, a~se~smente, levies, liabilitie~, obligstiona and ineumbraaces o# every ` ~ natur~e and kind now on said dexribed ro andlor that hereafter ma be im x P P~Y• Y poeed. suffered, placed. kvied ~ ~ t- ~ or ~exased thereupon, andlor that hereafter may be levied or asxseed upon this mortg~ge andior the indebtednese ~ secured hereby, each and every, when due end payabk according w law, befor+e i6ey become delinqaent, and ~ • : ; ~ before aay intere~t attache~ or any penalty ie incurred: and in ao fu as any thereof is ot record t6e aame ehall be ,3.~' promDtly satisC~ed and dixharged of record and the original official document lauoh ae, for inatanca t6e tu receipt or the seti~fection peper ofC~cially endor~ed or certifiedl ahal! be placed in the handa of said Mactgagee ; T; wit6in ten daye ne:t after peyment: snd in the evenE thet any thve~/ is not ~o paid, satisfied and disc}~rged, eeid Mortgagee a~ay at eny tune psy the eame or any pert thereof without waiving or effecting any option, ~ tien, equity or right under or by virtue of thi~ mortgage, and the fu11 am~oant of each and every auch p~yment s6a11 be immediately due end payable and ahall beer inRere~t from the date thereof tu~til paid at the nte of cea pa ca~turu per ennum and together with such interest ahall br aerured by the lien of t}us mortgage. 3. To place and continuonely Iceep on the building~ now or hereafter ~ituste on ~aid land fire and ~vindstorm inaurance in tbe ususl standard policy form, in • aum not leas than the aawunt due heneon, in ~vc6 c+ompany or compa~ies aa mey be epproved by eaid Mortgagee: and all such ina~rence policies on any ot uid buildinga. ~any interest therein or psrt thereof, in the sggregate sum aforeaaid or in e~cess thereot. ~hall oontain the uswl standtrd mortgagee claux making the los+~ under aaid policies, euh ard every, pay~bk io eaid Moctgagee as his ~ intereat may appe~r. end e~ch and ev~y such policy ahall be promptly ddivec~ed W and held by seid Mortga~s; - O`~ and, not kas tlun ten deya in advanca of tbe ~piration oi e~cb policq, to deliv~r to ~aid blortg~~es ~ eso~wd thereot, together with a receipt tor the premium ot eueh renewd: and there ehall be na wch iaiuranca pl~ad ~ on any of uid buildings. wy intereat therein or part thereof. unbas in t6s farm and with tbs bss payabis u ' a(orbaid: and in the eveat ~ny sum af maoey becomes payabb unt3er sac6 policy or polieiss an2d a~id Murtga~ RPCw~ved ! '7 ~ff ANnMK a T~p~ U ~ %/1~ ~ 1 ~G4 ?44 ~ttP ~ry C~BSS ,W__~'_ BGOK ~.?~~~r pu?svant 7o ChaD1~? ~1 1. 3~ Aot~ Of f - - AOOi:R POi7AJ18 _ ci..k C~rcu~t cowt, St, {,uoier? Co.. _ ~ ` _ - , ~ . _ - - .