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Home My WebLink About0409 ~ BUILUING "D" 39~~22 THIS MOR7'CAGE DEFD, made and e:ecuted ths ~thay ot January ~ ,~s ~8 bY _ Charles C. Naut, Jr. and Violet F. Haut, his wife of 1710 Delphia St., Orlando, : Florida _32801 Mrsinatter called tM Mortgagor. whieh term ~haU inctude tM heire. kgal repre~sAtatlves, sueces~ors and aa~ige~ ot the aaid Mortgagor whecever the conte:t eo requires or admits. w TURTLS REEF AS.SOCIATE3. INC., P.O. E3os 818, Je~xe Beach, Fi. 33457 hereinafter c~Ued' the Mortqagee. ~rhich term nhaU include the auccesso~a aad aeaigns of the aaid MortRagee wherever the context ~o requiroa o~ admita. WITNESSETH: That tor devero good and valuable coneider~tioe?s, snd aL+o in con~identan ot the aggregate eum named in the promiseory ~x?te oi even date herenith hereinafter dexribed, tt~e said Mortgagor does 1~ereby ~ra~t, bargsi~, se0, ~lier, rer~i~e, releax, comey a~d contirm unto the s~id Matqagee, hia heirs, sueoessas and as+igns, all the ce~tain piece.... pucel.... or trsct.... ot land, of which the eaid Mort~gor is now ~eized and pos.+e~xd and inactual pos+ea~ion, aituate in thP County ot St. Lucie and St~te ot Florida, dexribed ~s toUows: q 0.0769 % undivided interest in fee simple absolute as tenant in common in t e certa~n real property described in the Master Form Deed of Turtle Reef ~~andominiums 1, recorded in Official Record Book 263, Paqe 2002, subject to diWestment as set forth in said Master Form Deed and upon such divestment an t in~terval ownership consisting of Unit Weeks 45 and 46 in Condominium D-29 , a ~ v co~sisting of Apartment Number D-29 , and its undivided share of the ~ ~ v co n elements of Turtle Reef Condominiums 1, as such is described~in said r o Q~ Ma~ter Form Deed. This is a purchase money mortgage. ~ ~ ~N ; a~ o It ia further agreed bet~veen the parties to thia morc~tsge that. in addit'an to the term~ snd oonditiom eet ~ LL ou 6erein, if a conveyance should be made by the Mortqegor of the premixa Aerein described, or aay part o ' V ~ f, without first obtaining both the written conaent ot the holder hereot, and ~n ~saumptioa of thi+ [ $`r-_° ob tion, in writing, by the ~ew propoeed Grantce, tben, and in that event, at the optaa oi tba 6old~ heceof, y n tA wi t notice, all suma ot money xcured hereby ahaU. immediacely end coneurre~tly writh auch rnnveyanee, beoome ' - and payebk and said Note and Mortgage shall be in defeult. r= ~ TO HAVE AND TO HOLD the same. together with all aad singular the tenements, hereditaments ~nd aE? thereunto bebnging or in anywix sppertaining ~ad tAe rever+~on and reveraione, remainder ~nd re . reats. issaes and profit~ thereof and also aU the e~tate. right. titk. interest. PropertY. possessioa, cWm and t~~-~•==~~•'" whatsoever aa well in laa as in equity of the said Mortgaqor in end to the same and every p~rt ~nd p~rcel thereof unW tbe said Mortgaqee, end hia heir~, ~uccessora and aasign+. in fee simpk. And aaid Mortgagor. tor himaelt, and his heir~, bg~l repressntativea. ~uccesaora and ~ssigns, bereby oo~venants with said Mortgagee. hie heir~. legd r~Prexntatives. sucoessors and as+ign~, that said Mortgagor is indefe~aibly seized of eaid land in fee simple: that t6e aaid Mortgagor haa full power and lawfiil right to eonvey the eame in tee simpk aa ~foresaid: th~t it ~haq be Iswfiil for eaid Mortg~g~ee. his beir~. k8al repmsentatives, sncceseors ~nd aseigne. at ~11 times peaceably and quietly w enter upon. hoW. oceupy aed enjoy said land ~nd every p~ct tl~er~eof: that said land ie free irom alI incumbrancee: tb~t said Mortgagor. his lieire. legal representatives. suooessors aad a~igns. will make aach fwther aesurancea to perfect the fee simpk citk to aaid land in eud Mmtgagee. - hi~ heirs. kgal reprexntativee. ~ueceseor~ and essigns. a~ may reason~Wy bs required: and that aaid Mortgagor - does henby fiilly warr~at the title to aaid land and every part thereof and w~ill detend the aame against the ~ lawrful claima ot all perwns whomaoever. i It i~ understood that each of the words. "note". "mortgagor" aad "mottgagee" reepectively and the praoou~ T`"' ; referring thereto. ahether in the singular or plural any«here in this mortga~tr, ehaU be ~ingulu it one qnly and ~ ahall be plural jointly and severaUy. if more than one, and ahall be maxuline, feminine andlor neuter, wherever ~ ~ ; the wnte:t so implies or admit~. a ~ $ And said Mortgagor for himxlt and hia hcire, kgal repreeentatives, woceseora a~l asaigna, hereby rnvenants and ~ ~ ~ ~grees W and with said MottgaRee. hia legal representatives, auccessora ud aeeigna: ~ ~ ~ 1. To psy all and sinRuler t6e principal and interest and the varioa~ and sundry aum~ of money payable by St . ~ virtue of said pmmiasory note, end thia mortg~ge. earh and every, promptly on the day~ reapectively the aame ~ ~ severally betome due. ,7 ~ ~ ~ 2. To pay all end aingulu the tues, aaaessments, kvi~s, liabilitiee, obtigations and i~vmbnncea ot every _ ~ ~ nature and icind now on said dexribed propercy. andlor that h~fter may be imposed. suff~'ed. placed. kvied ~ ~ ~~sseased thereupon. andlor tAat hereefter may be levied or assessed upon this mortgage and/or the indebtedness ~ V s O seeured hereby, eseh and every, when dne snd peyabk according w law, befo~e they beooane delinqu~nt, ~nd i ~ ~ before any interest attaches or any penalty is incnrred: and in so tar ae any t!~'eot is ot reoord the same sb~ll be c~ ~ ~ J promptly satisfied and discharged of record and the original officW document lsach ae, for instanos, tbe t~ O ~ P rsoeipt or the eati~tection p~per officWly endor~ed or certifiedl shaD be plaoed in the hands of said Martgages 9j ~ ~ wit6in teo . days ne:t after p~yment: and in the event that eny thereot is not so p~id. satieC~ed and discd~r6ed. a ~ said Mortgagee may at eny time p~y t1~e name or any p~rt thereot witMat waiving or sHecting any o~ption. ~ lie~, equity or rig6t under or by virtue of this mortgage. and tbe full amount of e~c6 ~nd every s~ch p~ynnent ahaD ~ be immediately due ~nd p~yable and ehd! bear intenat trom the date t6e~eof until paid at t.he nte of tes per = cenWrn per annum and together with such interest shaU be secured by the liee ot this mortg~ge. `i 3. To place and continuously kesp on the baiWings now or here~fter eitwce on said Iand fire and windstorm ~ insunnee in the usual atandard policy form, ia • eum not less tban the amount dae heceon, in ~uch oom~any or oompanies as m~y be approved by said Mortgagee: and all suc6 insurana policies on any of said bu~7dings. any m ~ , interest thenin or part thereoi, in the eg~egate sum aforesaid or in ~eess thereof, ahall oontain the uaW ~ standard mortgagee claux m~lcing the losr ander eaid policies. e~e6 wd every. P~Y~bk W said Mortgagee as his interert may appear. and e~c6 and ~very suc6 policy ahall be prom~tly detivared to ~nd 6eld by ~aid Mortp~c . ~ad. not kis t6an ten days In ~dvanee ot the e~intion ot e~c6 pdky. W dalivK to ~aid Narts~ a reerwd ~ tber+eot. together with a reoeipt tor the peemium oi such renswat: ~nd there r6a11 bs no sne6 inwnnos pl~ad . oa any of said buildings. ~ny intecest tMcein or part thereof, unles~ in t6s [orm and wit6 tDs loa p~yabb u ~ dorewid: and in t6e event aay sum of mooey beeomea p~yabls undsr suc!? policy ~r polieiss and wid Matga~ ~ ~ p ~ b~ CK 202 Pr,~F 40~, ~ - : . - - - ~e~ . ~ r ,~t.~~:~ .-V, ~ . _ . _