The URL can be used to link to this page

Home My WebLink About0173 BUILDING "C„ ~~1~ ~ / ~ TN[3 MORTGAGB DEFD, made ~nd e:ecuted tM 31Std.y or _ October ~p by Camptng Wise, Inc, of 1418 - 20th St., l.ake Park L FL. 33403 A.r.in.tsK c.tled ih. M«s,a.gor. which e..rn? sh.u tnc?aa. ch. 6.ir.. ksd e+a««~atiw.. nuo...o~. .na ...ran. ot tbs said Mortp~ wMtever the eonte:t so requires or admiu. w TURTLE REEF A3.40(~IA7'E3, iNC., P.O. Bo: B1B. Jensen Bsaeb. F[. 33159 huein~tter ca1Md' the Moct~gee, which t~n ~RaU intlude the successors aad assig~s ot tl~s eaid Mortgaa,es whersvK the eonte:t so requires or ~dmits. WITNE33ETH: 71ut tor dever~ good and valuable conaiderations, and ~Iso in cpn~idsration ot tbe a~regats sum named la the pwmiseory notc ot even date herewith h~einaft~ deecribed, the said (Kortgag~or doss her,eby g[l[IL. bi7gllD. eell, a4sa. remix. rels~se. coavey and tontum unto tbe ssid Moctg~es. 63s heirs. sueassson aud ~asig~. ~ll the certaia piece..., parcel.... or trect.... ot laad. of which the s~id Mort~ is now seized and pos~eesed and inactual poasesaion. situate in the County of St. Lueie and Stale ot Fbrid~, destribed as [olbwx Unit Weeks 46 and 47 in Condominium ~-Z6 consisting of Apartment Number ~-26 , and its undivided share of the comnon e]ements of Turtle Reef Condominiums 1 as such is described in the amended Master Form Deed as recorded in O.R. Book 256, Page 235. This is a purchase money mortgage. a ~ 3 tt is [uKher agreed between the parties to this mortgage that, in addition w t6e terma and conditions set out beroin, if a conveyance should be msde ~y the Mortgagor ot the premisss A~ein described. or any part thereot, withont first obtaining both the .rrittea consent oi the lalder hereot, and w assumption of thia obligation. in writing. by t6s aew proposed Graates. then. aisd in th~t event. at the option oi tbe lwlder heteof, writMut notice. ~0 aums ot money secured hereby ~haLL immediately and ooncvrrendy with such eonvey~nce, beoome due and payabk aad said Note and Mortg~ge shall be in detault. TO HAVE AND TO HOLD tl~e eama together with all and siaguLr tba t~oements, hereditamsnts and ~p p~utenanoes tbereunto bebnging or in snywrise appertaining and the reve~on ~nd reversioas. remainder aad rs m~inders. rents, issnes and. profita thereot and dso ~11 the estate. *i~ht. title. incerest. property. possesaioa, claim anci demand whatsoever as wreU in taw ae in equity of the said Mortgagor in aad Lo the ~a~ ~nd every part u~d parcet tAereot unto tbe said Mortgagee. and hia heirs, sucea~sas ~nd aesigna, in fee simpk. And ~aid Mortgagor, tor hitnselt. ~nd hie heirs, {sgal repe~sntatives. ~uocesson aad asaigns, h~nbr aoavewnts with said Mortgagee. 6is he'va. 1eBd *ePreaentatives. successors aad aanigns. that said Mortgagor ie ind~fe~a'bly - seizal of wd laad 'w fee aimpk: that tlu said Mortgagor kae fnll power and bw?ful right to oonvey tl~e same in tee a:,~i~ ~a a[orssaid: that it sh~ll be lawful tor said Mortg~gee. Ais l~eirs. lega! rs~preeentatives. sucoeesors ~ad assigns, at all times pe~ee~bly aad quietly to enter upon. hold, ocrupy aad esjoy said land and evay pvt thereof; ttut s~id land is iree from sll incumbranoes: that said Mortgaaor. his heir~, legal rsprosent~tives, aucc~sas aad awgns, wi11 make such further aeaurances to pertect the fee simpk titie to said land ia s~id Mrotg~gee, . _ his beirs, legal representativea. aucceasors and aasigna. ~s may reawaaWy bs required: aad tlut said Moetg~gor ~ doee hereby fully wurant the title to said land end every part the~eot aAd wn71 defend t6e same against the lawful claims of all person~ whomeoeva. ~D it ie uaderstood that each of the wrords, "note". "mortgagor" and "eaortgagee" reapectively and tbs prooouns n referting thento. whether in the singular or plur~) aoywhere in this moetg~age, shall be eingular if one only ~nd t shall be piurd jointiy ~nd sevenUy. if Raci than one, and shall be feminine andlor aeuter, wl~erever tbe cont~t so impf~s or admits. R•_ And ~aid Mortgagar for himsetf aad ~is heirs. kgel repre~sntatiw~. a~oceMOrs and ~aaigds. hereby oovenants ~nd , a~ees to and wlth said Mortg~gee. hia legal representatives. snoce~sors and a»igns: : 1. To pay dl and singular the prineipai add intereet aad the various and aunclry sums of aaney p~y~bie by . _ virtue of said promiasory note. and thia inortg~ge. each and every, protnptly on the days respectively the ~ms • ` sever~lly beeoo~e due. ~ 2. To p~y all aud eingulu t6e ta:ee. assesements. levies. liabi}itisr. obligations and incnmbrances ot every _ wture and kind raw on said dexribed PropertY. and/or tlut heee~ft~ m~y be impo~sd. euHsred. Pl~ced, levisd or a~se~~ed th~eupon. andtor that heeeefter may be levied or asaes~sd upon this mortgsge andla the indebtednee~ secured hereby. e~eA and every. when due and p~yabk acoording to l~w, before t6ey bsoome delinqwn~ and beEore any iaterest ~ttaches or any peodty ia iacurred: and in ao fu as any thereoi is ot record tbs ~ams ~6aU bs promptly satisfkd and disebarged ot reeord and the origia~l ot8ei~l doeament Isnc6 u. tor inatanos, tbs t~s ~ rscdpt or tbe satistaction p~per officiaUy endorsed or certifiedl s6a11 bs pl~ced in the hands oE ~aid Mort~ee wft6ia t~o day~ ns:t after payment: and ia tbe event that any ther~ot is not ~o p~id, wt'ufied ud dLcb~rasd. aid Mortgages nuy at ~ay time p~y t6e sams or any p~rt tbereot witboat waivins or ~Heetina anY oP~• lisn. equicy or righc under or by virtue ot chis morcgage. and che fiill amounc of e.cl~ and every such payabac sball be imm~di~tely due and p~yabis and shdl be~r intKS~t from t6s date the~eot unW paid ~t the nta of ten per oesturo per annum and togetbet with such iaterest ~hall be sseurod by tbe liea of t!w mortgage. 3. To placs and ooetinuousiy kesp on tbe buildinss now or hreattet atuate on said land fue and windrtorm insurmce in the usual standard poliey tona. in a sum not {eM ihan Chs anwant due hereon. in such wa~panY or oompanie~ ~s may be appraved by s~id Mortgages; and ~ll wch inwnnc~ policiea an anr of said buudinas. any iatecest therein or part tbatrof. in tbe aggregste sum atare~aid or in auen tMreot. ehaD oont~in th~ uwW wnda~d mo~tgagre clause auking the lw~ nnda s~id potieie~. each ~nd every. P~YabM w saW Mo~t`aps a~ l~ iat~n~t mi?y appear. aud Nch ud every wu6 poiicr sh~ll b~ prompNp ddiv~eed to aod MW by aid b[aripp~c . and. not leN tbaa ten day~ ia ~dvanoe ot c6~ ~xpintion ot weh poliey. W d~ilwr to Nid 1[oet~a~ • ew~w~l ~ t~Mnot. t~o~etber with a raosipt tor t6e permium ot ~ucb rawwd: aod t~n ~11 b~ oo wx~ fnwu~aa pi~ad I on any ot aaid bu~ldin~s. any [nt~re~t tb~nin or part th~not. unlw in tlr torm and wft6 t6s {oa p~yabb u . , atorwaW: and in tbs ev~nt ~nr ~um ot ma~ory b~eoma p~y~bM nnd~ w~ polier or potieir aad ~aid Mortsa~ ` Recstved • - ~ ~O !n PayrMnt Of Tue~ U R~ Ous On Clsss ••C•• ~rttsnpibl~P~~IPr~opKty BG~X ~81 PaG~ ~ 1 z pursuant To Chapter ~1. 134. /1olt Ot ~71. , - Roc~ Pana?s y ~ c~e~ ci~cua coun. s~ ~s. c~.. rr-~,s.