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Home My WebLink About0393 . • 1~ eui~~iN~ ~~o,~ 394112 THI3 MORTCAGE DEFD, made ~nd e:truted the 17_ d~y of ~anuary ~ t9 by John L. Billigmeier and Ingrid G. Billigmeier, his wife of 5331 S. W. 7th St., Margate, F1. 33068 hKtinalt~ caUsd th~ Mort~agor, which terrn sAaD include the heirs, kgd ?epr~tativs~, ~uee~on and wips~ ot tM ~ald Mortgagot whetever the conteYt so requites or admits, to TURTLB REEF AS.SOCIATES. INC.. PO. Bo: 61R, Jen~en Be~ch. FL 33~57 hKelAatter caUed the Mortg~gee, w~hich term sMU include the aucceesor~ and ~~sian~ o! tt~s said Mortgages wl~erever the conteat ~o requ'vea or admits. , WITNBS3ETH: That for devers Rood and valuabk consideruion+. and ~lao in consider~tiQn ot ths a~reg~te pua named in the promiesory note ot even date here~vith hereinafter dexribed, the said Mortgag~ does Aecspy grant, barg~ia, seR, alien, remiee, reteax, canvey •nd conf'vm unto the uid Matg~ges, his heits. sutos~wn aqd ~uians, aU tAe eertain piece..., parcet.... or tr~ct.... ot l~nd, ot which the e~id Mortgagor is now seised and ' posssssed and in~ctua! po~+esrion. +ituete in thP County ot St. I.neie and 3t~te ot Florida, destribed as tdbwx A 0.0769 ~ undivided interest in fee simple absolute as tenant in common 111 tne Certa~n reai properi,y cie5c:~iueu in Zi~e iaSi.ei r~r~ii u~ru Oi iv~ti~ n~~` Condominiums 1, recorded in Official Recor~d Book 263, Page 2002, subject to - divestment as set forth in said Master Form Deed and upon such divestment an interval ownership consisting of Unit Weeks 2g and 29 in Condominium D-18 , aconsisting of Apartment Number D-18 , and its undiyided share of the y~,comnon elements of Turtle Reef Condominiums 1, as such is described in said ~-Mas'ter Form Deed. This is a purchase money mortgage. `z'~~ ~ 3 it is turther agreed between tAe perties to thia mortRaRe that. in addition to the tertn~ and conditions sst ~ ont i herein. ii • eonveyance shoutd be made by the Mortg~gor of tAe premisee Aerein dexribed, or aay p~rt ~ .D tAereot, witAout tuat obtaining both the written consent ot the hold~ heoeot, and an ~esumptioa ot tl~is ~~Q obli~ation, in writing, by the new proposed Grantee, then. •nd in that event. ~t the optioa of tl~e Mlder hereot. i ~ wit1put notic~, all sums of cnoney xcured hereby shall. immediately and concurrently writh ~ucA eonveyanoe, bsowns m dne and payabk ~nd said Note and Mortgaga sAall be in detault. ~ Q , . ~ ~ 'TO HAVE AND TO HOLD the +ame, togethec ~rith all and singular the tenemeats; hereditaments ~ad ~p~ ~ purteeance~ tLareuato bebnging or in anvrri~e ~ppertaining and the reveraron aad reversions, remaindee ard rs m~indacs, roats, issuea amd profits ther~~ ` and aleo all the eatate, right, titk, interest, pmperty, poss~oo, eLjm and dsfiand w6atsoev~ as waU in law a~ ~n .;uity ot the said MortgsECor in and to the same ~nd evary p~rt and •s+- p~tbsl tbereot unto tbe uid MortRaRee, and lus heir~. ~uecessora and a~siFtn+. in fce ~impk. Atd itid Mortj~agor, for himself. and his heira, lsgal repressatative+, successora ~nd ~ssi~ns, liersby oonvan~nq weth stid Mortgagee, hia heir~, legal reprr~entative~, succeseore end asaign~, that said Matga~ot is indefa~dblp ~si:ed of said laad in fee aimple: that the aaid Mortgagor h~~ tutl power and lawiul right W ooovep the same in tee . timpM as atoreaaid: taat it ~haU be lawful ~ia asid Mortge~. his Aa~. kgal repr~e~ent~tivee. e~cceasors and wigas. _ ~t dl times peaceably aed quietly to enter upoa, hold, oecupy and ~joy ~id land and every part tl~ereoi: that eaid land is tree trom aU incumbrences: thet said Mortgagor, hia heir~, kgal repressnqtives, suctsesors and ~ ' assigns, wrill malce wch further assunnce~ w perfect the fee simpk titie to said land in said Mrotg~~ee Aie hsirs, kgal t~eprexnt~tivea, auccessara and a~siRns, as may reason~bly bs required: and that said Matgy~or cbes be~+eby futly werrant the titk to aaid Isnd and every part thereof end w~ill defend the same against ths lawf~il cl~ima of aU. per9one wrhomaoever. • It is underataod that e~c~ of the words. "note". "mortgagor" ~c~d "mortg~?gee" respectively ~nd the praoouas . referring thereto. wrhether in the sinKutar or plural enyw~here en this mortgage, ahtll be aingulu ii one only ~nd shall be plural jointly and severslly, i[ more than one, and ahalt be ~aaeculine, teminiae and/or neuter, wlse~ever - the ooate:t so impliee or admit~. And said Mortgaaor for himxti and his he'v~, k~al repreeent~tives, auoeeewre and assigns, hereby oovenants and agrees to and with ~id MortgaRee. his teAsl representativea. aucceaeors aad aasiAne: 1_ To pay all •nd sinRuler the principal snd interest and the variwa and sundry aums of money p~yable by virtue of said promissory note. ~nd thi~ mortgage. each and every, promptly on the d~ys respeetivety the same sevenlly become due. 2_ To pay all ~nd ~ingular the ta:e~, aseea~ments, leviea, liabilitiee. obligationa and incumbnnus of every nature ~nd kind no~v on aaid dexribed property, sndJor that hereaft~er msy be impo~ed, wffered, plsced. bvisd . / or ~esessed thereupon, andror that hereafter may be levied or asaeesed upon this mortgage end/or t6e indebted~ss ~ secured l~reby, c~ch ~nd every. when due snd peyabk according to 1aw, before tbey beoome delinquent, and , ~ before any intenst attaches or sey penalty is incurred: and in so fsr ~s any tt~treot is ot record tbe sams ~i1 bs ~ -.r promptly ~atis8ed and dixharged ot reoord and the original officid document lauch as, for instanoe, tbe tas tso~ipt or the astist~ction peper officially endorsed or certified! ahall be placed in t!~ lunds of ~aid Moetgage~ witl~in ten days ne:t ~iter p~yment: u~d in the event that any ther~eot is not w paid, satiafied ud diubar~ed, said Mortgagee may ~t aey time pay the eame or any p~rt thereoi witlwnt waiving ~or atteeting any option, lien, equity or right under or by virtue of thi~ mortgage, and the full ~mount of e~ch and every such p~yment sball bs imened'utely due ~ad pay~bk and ahall beer interest from the date thereof until paid ~t t6s nte oi t~en per osnturn per annum ~nd together writh such interest ahall be secured by the lien of this mortgaas. 3. To place end rnntinuously Icesp on the buildinga naw or her+eafter eitwte on said land fire and winditorm insurance in tAe usual standud policy form, in ~ sum not kss than the anwunt due hereoe, in such oompaay or comp~niss ae may be approved by said Mortg~gee: and dl suc6 insurance poSass on aay ot said Mu7din~s, ~ny inte~est therein or paK tl~ereoi, in the aggregete ~um aforesaid or in ezcess thereof, ~hdl oontain tb~ uwul rtandatd mortgagee clause making the toe~ under s~id policiea. each and avery. PaYabk to said Moetg~ges ~s 6i~ intare~t m~y appwr. and e~el~ and every suc6 poiity shall be pt~omptly dalivaced W u~d beld by wd MartS~~C and, not kss than ten days in ~dvance of the e:pintion ot e~ch policy, to delivR to taid Mat~~ • t~wal tl~er~ot. toget6et with a teceipt for the preraium of ~cl~ rsnewal: and tMrs s1~aU br no saeb ~ pbe~d oa any ot sRid buildic~s. any int~erest tl~erein ar p~rt thereof. uda~~ ia t1r fam aed with tA~ iw~ p~yabis u Jorwaid: and in the event ~ny ~um ot mooey bscomes payabk un~~ P' ie~ ~a~ BORK~B~ PAGE 385 ~~~r'~"'MN~~/~rW ~*~c~.r.~x~..a~w~i. f ~ I~ ~y ~ ~ _ : _ _ . - e~«~ c«~e. a~. e~o~ a~. w.. ~ ~ - - ,r _ , ~ _ ~ ~ ~