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Home My WebLink About0401 ~ 3UILDING 3~~11'~r 1 ~ TN13 MORT(iAGE dF:ED. made end esecuted the ._llt~y o~ January ~ 19 78 by Col. Ricfiard P` Keirn and Martha Nazel Keirn, his wife of 155 Poinciana Dr. Indian Harbour Beach, FL. 32931 l~rsie~atter caUed ths Mort~gor, which term eh~U include the heira. k~l ropresentative~, succ~~~ aad ~ ot tM said Mottgagor wherever tAe context so requirea or a6mils, W TUATLE RF.ER AS.SOCIATES. INC.. P.O. Roa 61R, Jen~en Beaci~, Ft. 33~5? hee~sinatte~ eallsd the Mort~gee, ~rhieh term ~AsU include the ~ succeasors and assigns of the said Mottg~gee whersver the coete~t +o rrquires or edmita. WITNESSETH: That tor dever+ Rond and valusble considcr~tioi?a, snd alao in conaideratiQn ot the aagreg~te n~m n~med ia the promissory note ot e~~en date herewrith hereinatter dexribed, the eaid Mort~agor does t~ereby atanl. bargain, seU, alie~, remise, relean. con.•ey and confirm unto the ~aid b~ortg~gee, Ais Aeira, suoosesors and ~~si~ns, aU the certain piecc..., parcel.. w ttact.... of land. ot ~rhich the eaid Mortgagor is ~ow seiaed apd posiessed and inactu~l po~+es~ien, vituate in thP County ot St. I.ucie snd State at Florid~, described as fdbw~x q 0.0769 ~ undivided interest in fee simple absolute as tenant in comnon ~ u~ C..~,.~.. l~tnn.~ ~f T~~w.tlo Dnof 111 (.IiE,' ~.t,`i i.ii ill i C~i ~ii vNci b~ vi;,~~,i ivC~ ii: .,ua„~. . Condominiums 1, recorded in Official Record Book 263, Page 20Q2,~subject to ' ~Z~ stment as set forth in said Master Form Deed and ~pon such divestment an iritkrval ownership consisting of Unit Weeks 45 and 46 in Condominium D-5 , , . ~ co sisting of Apartment Number D-5 , and its undivided share of the , ~ ~~co n elements of Turtle Reef Condominiums 1, as such is described in said ~~Ma ter Form Deed. This is a purchase money mortgage. ; ~ o~ ~o QM ~ It is turther agreed between the parties to thi+ mortRsge that. in additan to the term~ and oonditions set ~ ti o 0 out~ herein, it ~ eonveyance ~hould be made by the Mortg~gor ot the premi~ea herein dexribed, or any p~rt o~ tha}eof, without firet obutininq both the ~rritten conaent ot the ho{der hereot, ~nd an assumption ot this ~ U~ tion, in writing, by the new proposed Grantee, then, end in that event, ~t the option of t6e !a{der ~eot. •y ~ wi t notice, all sums ot money eecured hereby ~Aet1, immediatelr end concurrently with auch eonvey~noe, bsoome ~ h(~ ~nd p~yabk and e+id Note an~ Mortgage shsll be in defsult. ~ ~ ~ i TO HAVE AND 'PO HOI.D the .ame. together writh aq and ~ingultr the tenemeota. lsereditameata ~nd ap ~ ~ pt~t~ances thereunto bebnging or in snyrviee appert~ininR and the rever~ion and rever~ione, remainde+r wd re a ' ps~iadets, rente. issues and pro~ta thP~ ~ end el~o all tke eatate, right, titk, interest, property, possession, elaim and d~mand whateoever as weU in law a~.: -.~icy ot the uid Mortga;Sor in snd to the same and evay p~rt and Q~s •~``."i-`pirael thereof unto tAe said Mortqagee. ar~~ i..~ heira. auccessoro and essi~,n,. irt tee ~impk. Aad s~id Mortgagor, tor himself, end hi9 heir~. legd representative~. aucces~ore and aseigna, hereby canvamanta with said MoKgagee, hia heir~, legal reprexntativea. ~uecesaors •nd eseign~, that said Mortg~gor is indefeasibly ~ seized of said land in tee simpk: that the said Mottgaqor Aa~ full power and law~ful right to oonvey the saa~e in Ees Q~ simpie ~s doreaaid: that it ahsU be lawrful fw aaid MortRe~. hia heira. kgs! repreeentatives. euccessora and assigns, L at ~ll times pewceably end quietly to enter upoe, hold, occupy ~nd enjoy said la~nd_ and every part thereof: _ ~ O that said land ia free irom all incumbrance~: thst said Mwtg~gar, hie heira, legal repreeentatives, successors apd assigns, will make such further assura~xe~ to perfect the tee simpk title to said Lnd in s~id Mrotgaae~, m his heirs, legal reprosentatives, successor~ ar.d a.~ign~, aa may re~sonably be required: and that said Mortga~ot ~ J ~oea hereby fully ~varrent the titk w said land nnd e~ery part thereot and will detend tbe same against ti~e A J ~ ~ lawful claims ot all persona whom~oever s~~- ' it is uederstood that each of the worda, "no~e". "mortg~gor" and "mortgagee" reepectively and the pronouns ' referring thereW. whetAer in the s~nguler or plursl anywhere in this mortqege, ~hdl be ~ingulu if one only ~ad -J ; ~hall be plural jointly and ae~•erally. ~f more than one, and ~haU be maxuline, feminine andior neater. whaever the contezt so impties or edmits. ~ And said MortgeRor for himxlf end his heir~, le~l representatives, suaessors ~nd ~saigree, hereby rnvenants and J ~grees to •nd with said Mo~tReR+ee. his legal repre~cntatives, ~ucce~~ors ~nd aasiqns: ~ d~ U • 1. To pay all and ~inRular the principel end intereat and the variws and ~undry wms of money peyaWe by C ' virtue oi aaid promi~sory note. and this mortgaRe. each and every, prompily on the daya reapectively the same ~ xveraNy become due. ~ ~ r y 2. To pay all and singular the ta:ee. e~aessmenta, levae~. Uabilities, obligations and incumbraaoea of natun and Icind now~ on ssid de~cribed property. and:'or that hereafter may be imposed, euffered, pl~ced. or asseased tAereupon. and or that hereafter may be levied or esseexd upon thia mortgage sadlor the ' ~ ~ecured hereby, e~ch and every. ~vhen due ~nd peyebk accordity~ to law, betore they beeome delinqua~t, s ~ before any interest attachea or any penalty ia incurred: snd in so far ~a any th~reof is of reoord tbe eams sLa1! $ promptly satiafied and diechargrd of record and the origireal official doeument I~nch ae, for instanoe, tl~s ~ 0 . r~oript or Lhe ~stisl~etion psper officially endorsed or certiCedl aiull be placed in the handa of said M wlthin ten d~ys ae:t ~fter payment: snd in the event that eny thereoE i~ not eo paid, satu+fied and ' _ said Mortgagee may ~t sny time psy the same or any pert thereof without waiviog or affecting aay ~ lien, equity or rigt~t under or by virtue of this mortgage. and the fuU amount ot e~ch ~nd every such p~yenent ' bs immediately due .nd pay.bk ~nd eAall bear interest from the date thereof until paid at the rate of ten osnturn per ~nnum and together writh such intereet shall be aecvred by the lien ot this mortgage. *y ~ 3. To place snd continuously keep oa the bnilding~ no~r or here~ft~r aitwte oa said land fire and ~ insurance in the usual atandard policy form, in a sum aot less than the amount due hereon, in suc6 y , or companies ae mey be approved by said Mortgagee: ~nd all such inaarance policies on any ot said bailding:, intereat therein or part thereof, in the eggregate ~m aforeaaid or in ezcees thereof, shall oont~in th~ standard mortgagee clause malcing the los~ under said policies. each and every. p~Yabk to said Mortgaaee iatsre~t uuy appear. and a~ch and every euch polky slull be p~omptly delivered co and heW by ~ald Matp~ and, eat l~s i6an ten d~ys in adv~nce ot tlu e:p'vstion ot each policy, to deliv~r to iaid btoRaa~w a r~a~wat tl~enot, together with ~ receipt for the pnmium ot such renewd: ~nd tl~ers slu1) bs no sucA ina~ranos pl~od on aay of said buiWing~. any intereat therein or part thereot. ude~e ia tbs form ud with tM loq p~}nbis u aforewd: and in the event any sum ot money becomes p~yabk under snch policy or policies ~nd wid Mqrtsa~ &~~K282 393 g vl- :y ' . _ - . _ . _ '~n. . ' ~ ~ A~'~-'' , x .y y~ 1.~`~+~ '4 "~~S'~5~3~:' sz"'~ .~`-_~~R" . _ '~~FR .s 54 ~