HomeMy WebLinkAbout0439 „ „ 394i~40 , .
BUILDING C
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THI9 blORTGAGB UEED, m.d..Aa cb. ~.e.r o~ Januarv 1~ 78
Wayne Eugene Ruch of 110 Franklyn Ave., Indialantic, FL. 32903
I~nin~ltK eslkd cM Mort,aa~. wt~A e~m .ha11 ieclud~ elr ~ir~. M~i nw~wnat~ws. weoMw~ ~ad
of tiN ~aid Mort~aor wbeervK tM eootest ~o nquire~ a~dadta.
to TURTI.g REEF A390C1ATE3. INC., P.O. 8~ d18. Je~wa Byeli. FL 334b7
hereinaftK c~lld' tM Mat~es. wAjcA t~erm shall intlud~ t!~ successon ~nd ~ssigni oi ths
sdd Mort~aaes wherwK tl~s eonte:t s~ requirw or admiu.
WITNE33ETN: 'l'Aat for devera good and v~luabk eon~idsntioo~. ud also in o~sid~r~tion ot the tagreg~te sua~
named in tAe pwmissory note ot even d~te herewith herei~tter de~eribed. ths eaid Mortg~gor doss Mrebr
grant, bar~in. esll. alisa. remise. rele~ss. oonvey and coafirm unW tM wid Ma~tpae~, hi~ heirs, ~uooe~~as uid
a~sians, dl tM cartain piece.... parcel•... or tr~tt.... of land. of whicb tAs ~aid Mata~or L now eei:ed ~nd
poseeseed and inactwl posseseioa, situatr in the Couaty ot 3t_ Lueie and 3tate ot Flo~ida, described n tolbwx
Unit Weeks 22 in Condominium C-11 consisting of
Apartment Number C-11 , and its undivided share of the cambn
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e1 ements of Turtl e Reef Condomi ni ums 1 as such i s descri bed i n the amended ~
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~~ster Form Deed as recorded in O.R. Book 256, Page 235. • _
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This is a purchase money mortgage.
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' _ It is turtAer agneed between the parties to this mortgase tha~ in addition to tbe tarms and oonditions set
• oat heroin. it a eoaveyance should De made by tM Mort~~ ot ths p~amises 6aroin de~eribsd. or anY P~
' ; t~reot. withoat Rrst obtaininB both tl~e written eonsent of tse hoWer 6are~f. and an ~~sumption of t6ie
oalsgation. in wr[tins. by thc n~w proposed Grante~. tDen. and in that erent, ~t tbs optioo ot tM hokkr hareot.
wltAout notiea. dl sums ot money sseured hsrsby shall. imroedi~tel7 u?d oo~rendY wttQ sueh convey~nes. bsoome
~ P~Yabls ~nd ~aid Note and Mort~~e ~haU be in d~t~~lt.
, ~ ' TO HAYE AND TO HOLD ths,s~me, t,o~ether with dl and dngular tes t~ormeat~. heredit,~mants and ~p
` p~jrt~ances t6ae+sunW bdongioB or in aaywies ~ppeRainina ~nd tM rsvecsion aud eeve~sioa~. remainder ~nd rs
• m~iadees, renb. isn~ and protits thereof and alao aU t6~ estau. risb~ titia int~est. propsrty. possspion. d~im and
; d}m~nd wsatswver ~s wsD in law as in equicy ot ths s~id Mort;a~ in aed W tlu ~ame ~nd svery part and
p~rcd thersoi unW tbs s~id ~[ortgagee. ~nd !tis l~eirs. woce~o~s and aaign~. in tes ~impk.
Md aaid M~. tar himsslf. aud Ais heirs. 1~1 trpt+~nttti"'M. snooewors aad a~n~. ha~sby oonwoants
wit6 ~aW Mortgsges. 6is beirs. k6d repre~antativw. ~uaw~ors ~nd aari~ns. that ~~id Matsaeor it indefe~s~'bly
~eised of nid land in tes simpk: that th~ wid Morts~or 6u l1il1 power and 4~w[nl ri~ht to oonw~? tAs ~ams in fee •
simpis u aforaaid: tAat it ehall be lawful tor aid No~tga~. Ai~ hir~. Mea1 np~wntativw. ~uocaaors ~nd asaigns.
at all tima peioeably and quistly to aat~r upon. lwld. oeeuP7 ~nd eojq said land and eveq? p~rt t6eeeuf:
t6at s~id land 'u free from all i~vmbnnes~ that eaid Mortp~ot. 6i~ h~ir~. Mgal *e~xe~sat~tives. w~oaessors and
a~sigos. will make snc6 further ~ss~uanoss to pertset the fes dm~pi~ titM to Mid land 'm afd Mrotgaaes.
l~is hars. 3ssa~ rep~essntativss. suec~ors and a~si~ts. a~ ma~ reuoetbir b~ requ~ed: aad tAat said Moet~gor
does 6aebY fullp warr~nt che titls to said land and eve~r P~rt tbenot and w~71 detend the aams against tbe
''I lawinl cWms ot all pe:sons whomsoevar.
~ It is understood that e~eh of the wads. ••note... •.~no~tsaaor•. ~nd ••matga~ee•• r~pecti~?s~y ~nd ths praioan~ .
referring thereto. whether in the singular or ptaral anywAere in this moctga~e, shaU be singulu it on~ oety and
~ s6a11 be plurd jointlY ~nd ~evenlly. if moee t~aa aa. ~nd ~ba11 bs m~a~tulins. teminins ~ndlor ne~tar. whecever
tl~s eoatezt ~o implis~ or admits.
And nid Natga`or tor AfmMtt and hi~ heirs. M~al e'~p'wntatir~. w~oc~woes and a~d~s. 6reb7 oovaoanta and
~ ~ ~ar~ w~nd w[th ~aid Mart~. .his i~al npe~+~ntstirM. aioo~aes rmd s~
1_ To pay all and ~in~Lr the principal and iotersst and tb~ wrbu~ and wndry mms of money' P~yabie by
~ c~ on ths days respectivdy the sams
virtue ot ~aid pmmi~aory oote. and this mort~s. sach ~nd ev~e7'. P~P~9
sevee~IIr beoome dus.
4. To p~y all and siagular the ta:e~. aase~am~nta. levie~. liab~7iw~. obliaation~ ~nd 'meumb:anos~ ot every
Ef'-' .
nature and kind now on aaid de~cn'bsd propert,Y. ~ndlor that benaher mar bs impw~d. aaHend. Placed• {evied
. ur aae~asd tbereapon. andlor tiut bereatt~ may be isvied or a~~d upon thi~ mortgage ~ndlar tbe indebt~ner
n ss~vrd breby. e.ch and werp. when dus aad p~rbM ~s to law. bdon tLsp b~oom~ ddinqwnt, ~nd _
~ - befae any int~wt ~ttae6s~ or uqr pwidq is iaenrr~d: and in ~o tar s~ a~ tb~esof i~ of rsooed tb~ wms sMil bs
- . . pf0l~Cir q~lft~ ~Dd ~ Ot [lCOfd t~ Lb! O~~I O~CW ~t (W~b ~i. IOr IO~iDOl. ~M Lis
l noeipe or ehs .awtaetbn p.psr ot8dalt~ eodor«d or oereitirdl .IWI b~ p1.o.d in tLs hand, ot s~id Martpges
~ . wichin c.o day, n~c atc.r p.~meet; .nd in cbe eveoc chat mr cew.at is noc .o paid. ..ciss.d .na di.cb.r~.d.
, ..ia Morc~ges m.y .e .ny eims p.y e6. ..m. a aar p.rs e~e.or .~IChoot waivins or •NKtina ~r
~ ` tia~. eqnih' or ri~ht nnder o~ bp virtw o! this mort~. and th~ !nII ~monnt of e~ch and ~veq wch pq?meat ~ha0
~ b~ imm~diaN1Y dus and pqabL and sl~aD bMr intaewt hom t~ dtt~ thusd untfl p~id ~t t6s nta of ten per
~ ; eenwrn per annum and t,o~tl~er wftb web int~ewt ~han bs ~eenr~d b~ tM lia~ oi thb mo~tg~ae.
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~ ~ - 3. To piac~ ~nd oontinuonaly Ice~p on c~ M~iidin~s now cr A~nafter a~te on said lmd fin and wind~tam
~ inaurana fn tbs uau! 'st,~ndard poliey iorm. fa a a~m not Iw tban t!w amount dw hee+e~n. in sncb oo~ap~ny
or oompank~ u ma~ be .pproved bp nid Matp~ aad a0 w~eh fawu~ana polie~ ou ~ny ot aid bu~dinB~. ~r
? intere~t therein or part t~wt. in t6~ ~ate sam afoe~id ar in ~scw tl~eof. shaU ooat~n td uwr~l
~ dandard mort~a~e clau~s m~kins t6s iws under aid poikiss. ~h aad ~wry. P~r•bM w aaid Mat~a{~ ar hb
~ int~ewt may app~ar. aad ~ and ~wry ~ncb polkr ~6aD b~ peom~pt~? drdvw~d W~d h~W bf Mid 1datPAK .
x and. not 4w tda t~n d~~n in ~dvaao~ ot tb~ upiratbn d~ pdfe~. to drir~r to wid 1[atp~ • ewwd
~ tl~wrot. topthK wlt6 a esaipt far tM pnmlom ot w~ t~o~wal; ~od tY~ ~II b ao w~eh imm~na pi~ad .
e~ aa~ ot .~id bnOdin~s. .ay intMwt tiw.in o~ paet tb~eso~ ~m1~« is ti~ tb~m a~d wte6 t~ Ioa p.~bb a.
z dae+~id: aad ie tA~ rwnt ~ w~m d~y b~oom~~ p~~abb oadr wKh polfe~ or po1kM~ and ~id ldaetp~
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~ RecF~: r~• p ~ ey+~~rn1 n( TexBB
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~ OuE (1r. ~ "i ' . . ~ rsonal Prope~ty
~ ~ ~ R 282 43i '
~ D~ Y BOCK PAGE Pursuant 1o c..~~~e~ 7t, t34. ~cts Of 1071.
y ROGER POITRAS
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