HomeMy WebLinkAbout0078 BUILDIN6 "D" ~`~~6 ~ ~ ~
THt9 MORTGAGE OE~D, made and e:ecuted tM 6thd,y o~ February 19 78
by Israel Rodriguez and Noemi C. Rodriguez, his wife of 115 Indian River Dr., N203
Cocoa, FL. 32922
h~inattK eallsd th~ Mort~gor. wbich tenn shaU include tbs heirs. kgal ?epre~sotative~. suceeswn aod wigeu
ot tAs sdd Mortaagor wA~ever the conte:t so requires or admits.
w TURTLS REEF A3.SOCIATE3, 1NC.. P_O. 80: 818. Jensen He~ch, Fl. 33~59 •
heeeinaft~ caUed' the MoKg~gee. ~rhich term shaU iaeluds ths ~uccessors and assigne ot the
atid Matg~ges wherever the conte:t ao requirea or ~dmita.
W ITNESSETH: That tor devera good and v~luebk conaidention.+, and slao in rnnsideratioa ot the eqgreg~te sum
~ named Ia the pramiesory note ot even d~te hero~vith heroinattsr dexribed, the said Mortgagor does hereby
gr~at, bugain, eeU, aliaa, romise, niease, mnvcy and confirm unto the ~aid Natgages, his heirs, auecessors and
ast~ns, aU the ceetain piece..., parcel.... or tract.... ot land, ot whieh tAe said Mortgagor is now seized and ,
` possessed ~nd inactual pos+esaion. ~ituate in the County ot 3t. Lucie and Sute ot Fiorida, deecribed ~s toUowe:
~ 0.0769 ~ undivided interest in fee simple absolute as tenant in corrmon
~~i~ ~t~ie certa n real property described in the Master Form Deed of Turtle Reef
d~~Col~dominiums 1, recorded in Official Record Book 263, Page 2002, subject to
rt~dfvestment as set forth in said Master Form Deed and upon such divestment an
`°ainterval ownership consisting of Unit Weeks 28 and 29 in Condominium 0-17 ,
o . ~
`''7consisting of Apartment Number D-17
, and its undivided share of the
r=;~common elements of Turtle Reef Condom~niums 1, as such is described~in said
MaSter Form Deed. This is a purchase money mortgage. ~
It is further agreed between the psrties to thi~ mort~ge that, in addition w the terms and conditione eet
out l~rein, it a conveyance ahould be msde by the Mo~tg~g~or of the ~premises herew deseribed, or wy p~rt
th~eof, without t'irot obtaining both the written con~ent of the holder hereot, and an ~ssumption of this
obligation. in writing. by the aew proposed Gnntee. then. ~ad in tfiat event. ~t the option of tbe boWer her~eof.
witbout notiee. all eums ot money secvred he~eby shaLL immediately s~ concurrently with such conveyanoe, beoome
due and p~yable and said Note aod Mortgage shall be in default.
TO HAVE AND TO HOLD the ssm~ together with all and ~ingul~r the teaementa, hereditaments and aP
pnrtenaot~ t6~reunto be{onging or in anvwiae ~ppertaining and the rever~wn and rrver~ions. remainder and r~ ~
a~inders. reats. iswes and profits thereot and also all tbe eatate. right. title. interrst. P~KY. P~~• claitn aad
detnand wltatsoev~ as well in lew es in equity oi the said Mortgaqor in and to the same ~nd every p~rt ~ad ~ 7
par~d thereoi uato the eaid Mortgagee. and hia heirs. anccessors and aeaign+, in fee aimple. ~ a-• -
And s~id Mortgagor, tor himself, and hia heirs, leaal repressatatives. ~uceeaeon and assigns. hereby aonveoanta
wit6 said Mortgaqee. his heirs. kgal representotives. auccessore and aasigns. that said Matg~gor is indefe~sibly
seised ot said land in tee ~impk: that tbe said Mortg~gor hae_ (ull power and lawfu! right w wnvey t6e same in fee
simple as doree~id: tbat it ~hall be lawiul tor aaid Mortg~gee, his 6eirs. legal representatives, aucce~ore ~nd assigns.
~t ~11 times pe~cc~bly and qnietly W entet upon. hold. oavpy and enjoy said land and every ptrt ther~eof;
that s~id laad is [ree~ from all incumbnnoes: tlut said Matg~gor. his heirs. iegal representatives. suooeasors ~nd
~I aasigas, will make such further ~ssuranoes to pertect the fee simple title to sau! land in said Mrotsagee,
'i hia heirs. le~l representatives. succe~sora and aesigns. as may re~son~bly bs required: end t6at said Mortgagor .
! doee her~eby fully wunnt the titk w uid land and every p~rt tl~ereof and w~7t detend the same egainst the
i lawful claims of all persons whomaoever. -
f` It is understood that each of the .vord~. "note". ..mortgagor" ~and "mortgagee.. respectively and t6e pronowis - .
f referring thereto, whether in the sinRular or plurst anywrhere in thi~ rnortgage. sha0 be singulu ii one only and
i shall be plunl jointly ~nd severntly, if more than one, and shaU be maeniline. [eminine andlor neuter, wherever
' the rnnte:t so itnpliea or admita. _
~ And said Mortgagor for himaelf and his hein. kgal rep~esentatives. sucteesors and ~ssigns. hereby covenants and •
~ agreee W and with aaid Mortgaqee. hia legd representativea. succ.essors and assi~s:.
1. To p~y all and ait~uler the principa! and inte~st and the varioue and sundry auma of monry payable by
virtue oi eaid promis~ory note, and this m~rtgage, each and every, promptly on the daya reepectively the saine
xveraUy become due. -
-
2. To p~y aU and aingular the tues, a~seaameate, tevies, liabilitiee, obligatans ~nd incumbnnces of every t •
nature •nd kind now on aaid described property. andlor that her+eaft.~ may be impo~ed. euHered. plaoed. ievied •
; or aaseesed thereupon, andlor that heresiter may be kvied or assessed upon this mortaag~e andlor the udebtedness .
~ secnred benby, e~ch and every. when due •nd payable aceording to law, before tbey beoome ddinq~t, wd
before any ~nc«e~c ,ca~~ or .nr ~n.~cy is incnrred: and in so tar as any t6e~eof i~ oi record tbe same slull be s~; _
~ praaptly satisfied aad diecharged of record ~nd the origind officid documrnt Isueh as, for inst~nce, the tu ~
~ rsoaipt ar t6e satist~ciion paper officially endorsed or urtifiedl ehall be pLced in the hands of said Ma~tgages
within ten days ~:t after p~yment: aad in the event that any thereof is aot so paid. satisfied and di~charged,
'z said MortA~gee ~nuy at any time p~y the eame or any p~rt t!?ereoi witMut waiving or affecting any optbo. _
lien, equity or rig~t under a by virtue of thi~ mortgage. ~nd tl~e full am~oant of eacl~ ~nd every euch payment s6r11
~ bs immediacely due ~nd p~yabk ~nd shaD bear intereat icom tbe d~te theeeof until paid at the nte of ten per
~ cenwm per annum and Wgether with such incerest shall be secured by the iien of this mortgage.
~
~ 3. To pl~ce and oontinuonsly kesp on the buiWings now or here~ft~er situate on said land fire and wfndstorm
~ insuranoe in CAe usual stand~rd polity torm, in a sum not kse than the amount due hereon. in such oomp~ny-
~
~ or oomp~nies as may be approved by said Mortga~ and all sneh inwranoe poticies on any ot eaid bu~dings, any
~ inteeest thetein or p~rt ther~eof. in the aggregate sum ~foresaid or in euess thereof. ehall contain tbe uiwl
standard mortgagee cl~use making t6e loss uoder said policies. e~c6 and svery. P~Yable to aaid Mortgagee ~s hi~
iutere~t may appear: and e~cb ~ad every sueh policy iball be proanptly dsl~vered W and held by said Mart~a~k -
~ ~nd. not {ess th~n ten day~ in advanoe oi ths aspir~tion ot e~ch poliey. W ddiwr to ~aW Mart~~ a era~wd
~ thereof. to8et6ar wit6 a reodpt tor the premfum of such reasw~l: and tMe sluU b~ ao snch insuranee pbad .
~ on anr of said Mv7dIngr. ~ny interert t6erein or part thereof. unlea in tbs ~form and with tM {oa p~yable u
Jorewid: and In t!?e ev~nt any sum of mooey beoomes pay~bk under wuh policp or polici~s ~ad ~ajd Mortp~
~ ~',,.-n,•, 1~- 8 3 In Payment Of Taxvs
R 60QI(~~ PACE ~ o• ,.t'.. ~ntangiblsPersonalProperty.
~ ~u•st~arn ~o Chapter 71. 134. Acb Of(} 971.
~ ROGER POITRAS `
~ C.?e•w C~rcuit Coutt, St. LuCie. Co.. ~le. .
~ _