The URL can be used to link to this page

Home My WebLink About0479 ' 8U1l.A1NG "D" a~y~b5 THI8 MORTG DEF.D, m~de •nd e:ecuted tAe 22thi,y or _ Januar,~ ~ 19 by Al ber Pul eo and Lul a Jane Pul eo, hi s_wi fe of 495 Ki ngston Rd Satel l i te Beach, FL. 32937 l~inaft~r ulkd the Mortaa~or, which tern~ sh~U include the heirs. Ie~l repressntative~, ~ycc~uor~ and wigns ot tM s~id Moetgagor wAerever the conte:t so rcquires ot edmits, • to TURTI.E REEF A3.SOCIATES, 1NC.. PO. Ko: 61A, Jenxn Be~ch, FI. 3315T bsninafter calkd~ the Mort~ee, which ternn ahaU include the auccesaors and assisns ot the said Mortg~gee wherever the conte:t ~o nquire~ or edmits. WITNESSETH: That tor dever~ Rood and valuabk consider~tione, end slso in consideratiQn ot the aggreg~te ~um named ia the promiasory note of even date herearith ~ereinafter dexribed, the said Mortgagor doss hereby gtant, bugrin, seU, alien, remix, releax, convey end cv~iun: unto the .aid Mottg~ges, his Aeirs, suocessoro and au-~~! ~U the eertain piece..., psrcel... or trsct..~. of land, ot which tM uid Mortgaaor is now ~eized and ' posessaed •nd inactu~l po~+e~~ion. +itu~te in ch~ County ot St. l.ucie end State ot Fbrida, described ~s tdbw~ ' a 0.0769 % undivided interest in fee simple absolute as tenant in comnon in t~e certain real property described in the Master Form Qeed of Turtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to divestment as set forth in said Master Form Deed and upon such divestment an ; ~vinterval ownership consisting of Unit Weeks 26 and 27 in Condominium D-5 c- + ~ . g- 5 ;ti o d consisting of Apartment Number , and its undivided share of the L;,~ ~~comnon elements of Turtle Reef Condominiums 1, as such is described in said ~~laster Form Oeed. This is a purchase money mortgage. ~ o~ o . oU~ lt is turther ~greed betNeen the partie~ to chia mortRage th~t, +n addition to the terma ~nd conditions set ~ ,~out l~erein, it • conve ance ahoutd Ae made by the Morc y ~gcsr ot the premi~es herein described, or ~u?y part ~ Nthereot, witQout firat obtaining both the ~vritten con~ent ot the hoider hereot, and an ~aeumption ot this oDli~ation. in writing, by the oew pro~,oaed Gnntee, then. and in thet event, •t the optan of ths holder hereot. witbout notice, all sums ot money xcured hereDy ~hsll, immediately snd concurrently with anch conveyanoe, beoans dus ~nd p~y~bk aad said Note ~nd Mort~e ~hall be in de(anlt. TO HAVE AND TO HO1.D the .ame, together w~ith sU and aingular the tenements, hereditaments and ap~ purtenanoe~ thereunto . bebnqing or in any~rix ~ppertaining and ttie rcver~~on ~nd revetaione. renuinder and ts maie~ders, reats, isau~ and prot~t~ thrs ' and el~o all the esute, right, titk. interest, property, po~sessioa, cl~nn and • ~n detnand whatsoever ~s weU in lsw b~:~ _~ity ot the aaid Mortqa~»r in end to the s~me and evary part ~nd p~roe~l t6ereot unto tbe ~aid MortgaRee. an:i t.,s heir~, aucceaaore and as,i~n., in ter simpk. And ~aid Mortg~gor, (or him+eif. and his he.ir~. legal rep`esentative~. .uccessor~ and usi~na, he[aby oonv~n~nb ~ ~ with said Mortgagee, his ~e'~rs. 1egs1 rspresentatiyea, succeasore and aa~igns, th~t aaid Mortgaga~r is indeteasi'bly ~ ~sized ot ssid lsnd in tce ~imple: thet tAe aaid Mortgegor has full power snd law~ful right to eoavsy tAe same in fes ~ simpk as ~tore~aid: thet it ~haU be lawful tor said bioetRa~, hi~ he"vs, iegal representatives, eucceasors and astrigns, v~ at d1 timea pe~ceabiy and quietly to enter upon. hold, occupy and enjoy ~aid lu~d and every p~rt therep{; ~ ~ ` that s~id 4nd i~ froe from ell incumbrances; thet +aid ~lortgagor, his heir~, legti representatives, s~ooessors aud ~ ~ssigns, will make auch further assurancra to pertect the tee simple title to said land in ~aid Mrotaa~as, ~ u . G his heirs. kgd repreaeatatives, eucces~ors ar.d sseigns. as may retson~Dly be reqoired: and tlut said Ma~tg~g~or ~ does Aereby tully ~varrent the title to ssid land end every part thereof snd ~rill defend the same against tbe ' ~ lawful daims of ~U persone whom~oever ~ : U It ia underatood that each ol the :+ords. "note". "mortgaqor" and "mortgagee" reepectively u~d the prawuns V d referring thereeo, whet5er in the singular or plursl snyw+here in this mort~ge. ~ha1~ be eingulu if one only and w'16 r ~ ~J1 sliall be plur~l jointly and severeily, if more than one, sad shsU be mascu[ine. feminine and/or neuter, wAarever ~ Q the contest so impliea or sdmits. O~ ~ ~ J And said Mortg~gor tor himxlf and hie heirs. kgal rep~eaentativee~ eucteesors and assigna, heteby eaveaanta ud ~ p~ ~grees to and with said ~tortRsRee, hi+ lep~al reQrn•entativd, auccessors ~nd asei~?9- 1. To pay all and sinRular the principal end intereat and the various and aundry aum~ of money p~y~ble by "virtue ot said promi~aory note, and tAi~ mortgage, each and every, promptl_v on the daya reepectivety the sanoe eeverally become due. ~ ~ j 2. To pay aU snd singular che tuea, aae.ssmenta, leviea, liabilitiea, obligationa and incumbnaces of evary ~ ;ruture and. kind no.v on ~a'sd dexribed property, andlor th~t heresfter may be imposed, suffered, placed, levied ~or aases~ed thereupon. and or that nereafter may be levied or a~seeeed apon thie mortg~ge ~ndlor the indebtedt~ess , ~~scered hereby, each ~nd every, when due ¦nd pay~bk according to law, betore they beooms de4nquent, ~nd ~betore any intereet attache~ or ~ny penalty is incvrred: and in so t~r ae aey thereof is of reeord ths same si~1l be ; promptly ~atisfied and diacharged of record and the originat official dacument (such as. tor iastanoe, tbe tas noeip: or the satisfaction p~per officially endorx~ or certiFed! ehaU be pl~ced in tAe hands ot ~dd Matgages _ withia te~ d~ys ne:t ~iter p~yrtient: ~nd in the event that •ny thereot is noi so paid. satisfied and diiclyr~ed. ~ ~aid Mortgagee may at any time pay the same or any part thereot without ~raiving or affecting any optiot~, lisn. equity or right under or by virtue ot thie mortgapje. and the [ull •mount of e~ch and every such p~ymeut ~hall i bs imasedi~tely due aad payabk and ahall bear intere~t from the date thereof unu7 p~id at tAe nte ot ten per ~ose?turn per annum end together w~ith such interest shall be ~ecured by the lien of this mortgage. ; 1 3. To place and rnntinuonely kesp on the buitding~ now or hae~fter ait~ute on stid land fire and winddotea . 'inaur~nce in the uaual star~dard policy form, in a~um not kss than the amount due hereon, in such oom~any or comp~nies ~s may be approvcd by eaid Mortgagee: and ~11 such inanranoe policies on any ot said buiidiass, any interest therein or part thereof, in the eggregete aum atoresaid or in ucess thereof, ~lull oont~in tbt awW standard mortgsaee claux malcing the ?os~ under said policies, e~ch and evety. p~Y~bk w said .Matgages ~s hf~ inte~t mey appear, and e~cA and every eucA policy eh~ll be proanptly ddiver~d to and beld by ~aid Matp~c ~nd, rwt kss thaa ten days in advance ot the a:p'vation ot e~ch policy, to ddiwr W said Mort~~ a e~a~wd t6ereot. together with • receipt (a the premium ot euch renewd: and ti~ere shall bs ao sncA insuranca pl~e~d on any o! said buildings. ~ny interest therein or part thereof. unMas ia tbs form and witb tM ba p~Yabis a~ etors~aid; and in the evsnt any ~um of money becomes p~yabk under weh poliey or policies and ~aid MortpsM EORM~~z i'AfE Y71 ~ - ~ ~ _ Y : ~ . _ . . I -L ~L = 5 aY? ~'r r. . . : ..r'y;~sE. ~rY~ '.~h