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Home My WebLink About0756 BUILDING "C" ~;~U~U`~,, ~ ~3 THI3 MORT(iA(lE DEED, aude ~nd s:ecvted tM ~j_day ot ~PGPIDb.er - 1~ 77 by John C. Dermick of 4900 N. W. 55th Ct., Tamarac, F1. 33319 lwesinaftK ealled tM Llortgaaor. ..h;cb teraa shau U+dud~ ch~ b«r.. 1eN npe+~w+aciv«. .u~~ aad a..igeu ot the s~d Mortgagor wMnv~r t~e conte:e so roquirw or admlts, to TURTLS ABEF AS30CIATE3. INC., P.O. Bo: 818, Jen~en Beacl~, Fl. 33t5? Mreitwatt~ ca1Md' the Mortgagee, wAich term sAal! includi ths tueces~ors and ~ssign~ ot the s~id Mort~aee wherswr the conte:t so requL~ss or ~dmits. WITNE33ETN: That for dever~ good and vatuabk consideration~, and also in ooaside~ation ot the aggtegate aum aamed in the proeaissory twte ot even date here~rith hereuufter described, tUe said Mort~~goe doee hereby gnat, barg~in. esll, alien. remiee, releaee, convey and coafird~ unto the said Mortgages, las heirs, suoostsocs wd • asiians, all the eertain piece.... parcel.... or tr:tt.... o[ 4nd. oi which tbs aaid Mo~taa~or ia now seised and ~ posssssed and inactual poases~ion. ~ituate in the County ot St. Lucie and State ot Florida, described ~s tolbws: T-' O c? . b C~ Unit Weeks 49 in Condominium C-19 consisting of Q~ a o L Apartment Number C-19 , and i ts undi vi ded share of the common ~ E °C o ~ elements of Turtle Reef Condominiums 1 as such is described in the amended ~ o ~ t~ ~ ~ $N ~'~taster Form Deed as recorded in O.R. Book 256, Page 235. _c This is a purchase money mortgage. it ia further ~greed between the p~rties w tAis mortgage ttut, in eddition w tbe terms and ooaditions set out 6e~eia, if • eoaveyance ~hould be mack by the Mortgagor of ihe premises herein dsseribed, ot any part thereot, witbont first obtaining both tl~e written consent ot the holder heteoi, and ~n ~s~umption ot this obUgation. in writing. by the new propoeed Grantae. thea, and in th~t ~t. ~t the optioa of t6s 6otder 6ereof. witAont notice. aU sums of money secured hereby shaU. immcd'utely and aoex~crrently witA euch caaveyaaee. become dne and p~yable and said Note and Mortgage ehaU be in default. . TO HAVE AND TO HOLD tl?e aame, togeth~ with all and singulu the t~nsmeocs, hereciitaments and ap purtanances thereunto babnging or in any~viee ~ppertainiag and tbe rever~ion and rdversions. rem~inder and e+~ mainders, raats. iss~ss and profite t6ereof and slso all the estate. *ig!?t. title, inunst. property. possession, elaim ~ad demand wluteosver u well in law ae in equity oi the said Mortgagor in az~d to the same ~nd avery part and ' pareel thereof nnto the eaid Mortg~gee. and hia heire. s~ccessoh ~nd asaigna, ia fes simple. And said Mortg~gur, for himeelt. and hia beirs, legal sep~re~antatives, succesaon and usigns, beeebY wnveaaata with said Mortg~gee. hia heire. legal cepreeentatives. succe~ors utd assig~s, tFut said Mottsa~ is indsfe~sibly • ~ reized ot ssid land in fee simpk: that the said Mortgagor has full power and lawiul rig6t to oonvey the saa~e in fee simpis as aforeeaid: that it shaU be lawfiil fot said Mortgagse. his heirs. kgal e+eprereatative~, snceessors and asugn~. at all times pe~ce~bly and quietly to enter upon. hold. occvpy wd e~joy said land and every part thsreof: ~ that a~id 4nd is free from all incumbranoea; that said Mortgagor, his 6eirs, legal represent~tives, sncoeseocs ud E assigns. will make such fiuther asaurancee W p~tect the fes wnp{e titie to said land in said Mt+otgagee, s his beirt, legd representativee. sueceasora and assigne. as ~nay re~wnably bs required: and that s~id Mortg~gor , do~ 6eraby fully wasr~at the titk to said land and every part theeeot ud will defead the same ag~inst t6e lawful elaims of all parsons whomeoever. It ia underatood that each of the words. "note", ••mortgagor.. and •'mortgagee.. respectively and ths praoo~m raferring thereto. ~vhether in the singular or plurel anywhere in this mortg~ge, ahall be eingulu if one ody and ~ D s~all be piural jointly ~nd eeverally, if more than one. ~nd shall be ~nasuiline, feminine andlor neuter, wberever the contazt so impliee or admits. - - i "Z ' ! And raid Mataagor tor himself and his heirs. isgal nPre~tatiw~. nioosNOrs and a~sigas. hersby ooven~nta and ' D ~ agr~ei to aud with ~aid Mortgages, hia laga! re~e~entatives. wccas~ors and aa~igar . ~ . 1_ To p~y all ~nd singular the princip~l and intseest ~nd the va~iout ud eundry sume of money paYabk by , ~ ~ virtue ot aaid mia note. and this e~c6 and on tbe da s ~vel tbe eams P~ ~'Y ~Se• e~?~Y• p'o'mPUY Y~t~ Y - . i ~ ~eyerallp beoome due. ` _ i 2. To p~y aU and singulu the taxes. aseesaments. ievies. liab7ities. 'obtigations and iaeumbranees ot every ~ 7 ti~ wtun and Icind now on aaid dexribed pmperty, and/or that 6ereatt~ may be impwsd, saffsred, placed, lsvied or ~~se~asd thereupon. and/or L6at heresfter may be kvied or asse~sed upon tlw aartgage and/or the inde~tednsa secnred hereby. e~ch and every. whea due and payabk aocading w law, befoee they becoms deGaquent, and ~ ^ ' bsfors an interest ~ttacl~es or an ' Y Y P~~Y ~ incurred: and in so t~r as an~ t~eof is of record t6s eame ~hall be ' pnomptlr eatisfied and di,charged ot recotd aad the origiaal oftkie! doeameat Imrb ai. for instwos. t6e t~ ~ - noeipt er tl~a wtisfaetioa p~pet offieially e~dorssd o~ o~tified) shall bs pl~osd in ths hands of ~aid Maetgages w[tbin t~a days a~t aiter P~Ymaot; and in the event that ~ny tMeeot is aot so prid. wtisfid ~ad di~cbareed, sajd Martg~ges may at any time p~y t6e same or any part tbereof without waiving or affittins any oQtion. tia~. equicy .or rigt,t und~ or by vircue ot chis morteage. and .cbe full amovnc of e.eb and rva~? such p.ymsnc s6aU be immsdlttely due and psyabls and ahall bear intere~t from t6s dats t6s~eof until p~id ~t tbe rate oi ten per oeuturn par annum and toget6er with sach interest ~hall bs escured by ths tisn ot this mo~tgags. 3. To place and continuoudy keep on t6e bw7dinas aow o~ bere~ftar ~ituate on s~id land fire and wind~torm easurance in tbe usual atandard poticy form. in • sum not Ma th~n tl~s amo~unt dus hereon, ia such c~apanY or companis~ ~s may be ~ppmved by nid Mortgaseec ~nd aII sncA ina~ranes po~ide~ on any ot ~aid bu~dinss, any intarest t!?erein or •part thereof. in the agareg~te sum aforeraid of in esoea tlNreot. adaD ooeitain L6~ uw) stand~rd mortga~e cl~use rr~ldng t6e bs+~ under said policie~. e~e6 and evary. P~Yabk to said bteetg~ps a hi~ ipt~t may appe~r. and s~ch wd wery wuh policy ~6all bs promptly ddir~~d to and Mld by ~aid MaetppK - and. not iea thaa tan days in advanoe ot tLs sspintion of eKh poYey. to d~iivR to ~aid itats~ a t~wd tl~eoi. to~et6ar with • rscaipt' for t6s pceeaium ot such ren~w~k aod th~ev thall b~ aa ancb fawv~aor pbad on +~n~ o[ ~aid buildingr. any inL~rwt tb~+~ia or part t6w~wf. ua1~ in td form and wtth t6~ ba qyabi~ u . n Jor+~id: and in t~ eve~t ~ny ~um o~ mmry beooma p~yabls undK wieh pdky oc po~ici~ ~nd nid b[aetp~ ' RecN~ed In Payn+s~t Of T~ ~ ous On Clsss ••C•• ~rrienp~ls P~nonal PiropMtr. . g~ox 280 PAGE 754 To , a . RocER PaTn~s ~ ~ Clsrk C~rwit Court, Sf. lucie, Co„ Fta.