HomeMy WebLinkAbout0158 BUILDING "C" /
3s~oo2 ~3~
TH13 A~ORTGA(3B DEED, mad~ ud e:scuted th~ ~_day ot N~vemher 19 77 ~
Lucy Williams Abel of 2314 Trace Ave., Orlando, FL. 32809
t~.nin.tt.r caUsa ce. Mo~.~a, wAkb c.mi .h.u inelua. ce. h.ira. M~al npr.uoaciw.. .nee...or. .ad ...i~n.
of ths aid Moctsa~ wh~nver tl~s eoata:t w roquiro~ or ~drdta,
to TUR7'LS REEF A3.90CIA7'E3, 1NC.. P.O. Bos 618, Jsa~en Bwch, FL 33157
l~eelnaft,~r uUd tM Mort~gss, which term ~hall iachids ths iuecesson aod assigns o[ !hs
aaid Mocta~ wMrev~t the conte:t so requiros or admite.
WITNE33E7'H: That /or deven good and valu~ble eopsideratioas. ~nd ~lso in coasidentioa ot the a~eg~cs sam
named in the promissory noce of e~en date here~rith hareinatter described. tbe said Mortgagar does l~ereby
grant, barsain, esli, alien. remias. reb~se. convey ~nd con~irns unto tAe aaid Mortgages. hii 6eirs. suoce~sors aod
~saian~, al1 the certaia piece..., p~rcel.... or tr~ct.... of land. ot w!?ich the aaid Moetts~ u aow ~eised and
possss~ed ~nd iaactual posee~aioa, ~ituate in the County of St. Lucie end State ot Florid~, desa~ibed ~s idlows:
Unit Weeks 42 and 43 ~n Condominium C-14 consisting of
Apartment Number C-14 , and its undivided share of the cortmon
elements of Turtle Reef Condominiums 1 as such is described in the amended
ylaster Form Deed as recorded in O.R. Book 256, Page 235. .
s•r This is a purchase money mortgage. ~
~
It is fwther ~eed between the parties to this mortgage that. in addition to the term~ aad eonditione eet
out ha~eia, it a eonveyance sl~ld be mad~ by the Matgagor of the premisse hersin described, or any patt
~ tl~aeeot, without firat obt~ining both t!k written oon~t o! tAe MWer I~eot, and an as~umption of t6is
obli~tion. in writing. by t6e new proposed Grantes. than. and in tlut event. at the opt'an rf fLe lalder beneof.
~ withoat aotice. aU sums of moaey sscured bereby shall. ima~ediatdy and ooncur~ently nritA sucb wnveyanee, beoo~e
doe u~d payabie and said Note and Mortg~g~e sAall be in det~ult.
TO HAVE AND TO HOLD the same, to~ether witb a11 and singulsr tl~e te~meaq, ~e~editame~U ~nd =p.
p~vt~o~nces tbereunto bebnging or ia enywise ~ppertaining ~nd the rever~ion and reveniona. ted~ainder and ;c
maind~rs. renb. issues and profits thereof and Rlso all the estate. ri~ltt. titk. intaest. PropertY• Possession. claim and
demand wfutsoever a~ weU in Isw ae in equity of the ~aid Mortgaaor in and to the ~ame tnd every p~rt and
pareal tt~ereof nnW ths said Mortgagee. snd his heirs. sucees~or~ aad ~ssigns. in fee simpk_
And s~id Mortgago~r. tor hienaeli. and his heirs. Mgal rrp~e'~ntativee. suocessors and assisa~. l~enbY ooevenants
with taid Mortgaaee. hle I~eira. kgal representatives. s~cca~ors and assi~ns. that said Mottgagor i~ indsfeasibly
~eiud of s~id Wd in fee siinpk: that the said Mortgagor has tull power and lawfu! right to convey tbs Nms in fee
simpie as Joresaid: that it shall be lawtul tor s~id Mortgag~e, hi~ Mirs. lsg~l repre~sntativs~. sucosssors and as~igns,
~t dl tim~ peace~biy aad quietly to enter upon. hold. oeeupp wd enjoy s~id land and evecy part thae~eaf.
tlut sRid land 'u tree irom all incumbranoes: ttut said Morts~ot. hia Aeira. legal repre~snt~tiJes. sueoessors u~d
a~signa, wil! make such furthu ~ssuranas to perfect the tes ~ title to said land in taid Mrotga~es,
his 6eirs. kg~l representatives. s~ccesaore and assigne. as may ree~onably be required: and t6at s~id Mortgagor
do~ beraby tnlly wamnt the titk w said Iwd and every part thereof u~d ~n71 defend the sams against the
l~wtul claims of aU p~sons w6omsoever.
It is uaderstood that aach of the worda. "note". "mortgagor" and "moR,g~gee" respectivsly and t6s pro~zu
referring thereto, whether in the singular or plural ~nywhere in tAis mortg~ge, shai! be singular it one onty and
shaU be pfura! joiatiy aad severally. if more than one. ans! sball bs mueulina, feminine and/or ns~ter. wherever
ths oootezt w impliee or admits.
c.^ •
Md nid Ma~taa~or [or hinwtf and his hein. Msal repr'~nqtiw~. aioawors ~nd aw3gn~. 6~reby oovenanq and
~w to ~nd wiN ~aid Matga~se. his {egal repee~entatlve~. wedaors and uoans:
` 1. To pay aU and singular the principa! and interest ~ud ths variou~ ud sundry sums ot rmoe3' WY~b1e by
~:i~ virtue of~~promisaory note. and this mortgags. each and evary. promptly on tbe daya respectively t6e sams
~ °°~erally
_ 2 To pry aU and siugul~r the ta:es. assesamentr. levie~. liab~itis~, obligatioos and ineumbrances of every
aatnre and lrind now on said descn'bed ProPe+tY. ~nd/or t6at heeeait~r may bs imposed. ~uffered. Plsced. levied
• ot rssM~sd thereupoo. andlor that here~fter m~y be lsvied or ~s~M~sd upon thii taortg~gs and/or t6e indsbtet~es~
- ~seared Mr+sby. e~eh ~nd every. whao doe aad p~y~bk aooordin~ W I~w. bsforo they bxome ddinqtireot, wd
- bdors any interest attaeha or ~nY P~~Y ie inearnd: ~nd in ao far a~ an~ tLersof is of reeoni tM Nme shall be
prmmptl~ utufisd and dLc6arged of reooed and t~s original ottici~l doenmeat Isue6 a~. tor inatanos. t6s tu
ne~ipt er the wtistaction P~per oEfiti+llY endor~ed or eertitisd) s6~U bs p4osd in the 6anda ot aid Moetaagee
wk6fa un day~ n~st after payment: and 'm the event t6at anr t6a~w[ u~wt ~o paid, a~ti~isd and diacluirasd,
s~id Mortgag~e m~q •t ~n9 ~ P~Y tl~e iam~ or any p~rt t6~nof witbont waiviaa or aNeetina ~ny aption.
li~n. equity oc rig6t uncler or by virtue of this mortgags. and tbe tuD amoant ot eac6 and evary sue6 p~yment ~hall
bs im:o~di~t~ely due ~nd papabM and s6a11 baar int~ewt lrom tbs dat~ tbeteot uatil paid ~t ths nte of ca~ per
; ant~un par annum u~d togstbet with auch int~est sh~ll ba ~seured by tbs tisn of this mortgags.
3. To plaos ~nd oootinnouslp Icesp oa tM buildia~s aow or huraft~ dtuate on said tand fire and windatorm
inairaeioe in the usual stand~rd potiey torm. in • n~m not i~a than tb~ amount due hsreon. in suc6 eompanY
ar oompanis~ may be approved by wd Mo~t~~s; ~nd all wcb iasurmos palieie~ oa any of ~eid buildiags, any
iatareat tl~erein or part ther+eof. in tbe aggreg~te mm at~id or in ssos~s tMreof. shali ca~tain t6t uwl
rtaad~rd mortgsge~ cLuse m~lcins tbe Iw~ under said politie~. e~eh and ev~ery. PRYabk W said Mat~aps ~ h1~
int~e+Nt may ~pps~r. and e~eh and wrry weh Po~Y ~ b~ P~7 dri~?~r~d W and b~id bp MId ~+[oet~a~ .
sad. not iea t6aa ten day~ ia advanos of th~ upiration o[ ~~ch pdk~. to ddirR to wid 1[aR~~ a nerwai
t,h~nol. co~stber wits • rse~ipt far t!N prsmium ot ~uch r~nNnl: ~nd tb~n ~11 b~ no wuh io~nr~nc~ pbad
0o a~f ot ~aid butld;nss„ ~n~ int.n.t t6~.in a p~rt th.not. ao1~a ia td tam and witb ed !oa p~y~bis u •
~ ~ Joc~W: ~nd in t!~ mnt an~ rnm ot moo~f b~oom~ p~yabie md~ wrcb pdic~ oc pdkiM wd ~aid Marip~s
~ ~ Recs'ned S . ~ c7
!n P~Ymern Of Taxp
Due On Class "C" Ir~tanplblepK~prw~pi,~~~
6p~Jl~ z~' PACF '15~ Pu~want To Chspter 71,134. A~ls p~ 1871.
RO(iER P01 TRA~-~ P
Ch?k Circuit Court. luci~. Co.. Fia.