The URL can be used to link to this page

Home My WebLink About0086 . ~ BUILDING "0" `3958~1 A,~ , 0 C T ~ 1977 THI3 MORT(iAGC OEF.D, made and e:ecuted the ~IIS~d~y ot September , 19 Patricia A. Lally of 496 Harvard St., Brookli~e, MA. 02146 Mcainaftar called tAe Mortsagor, which term ~haU include tM heirs, kgal reprMSntativsi, saeoa~ots ~nd aa~istu ot ths said MoH.gagot whMever tl~s context eo requires or admits, to TURTLE REEF A3.90C1ATE3. ING.. P.O. 80: 618, Jen~en Be~cA, F[. 374ST _ Aereinatt~ called' the Mortg~gee, whicA term shall include the auccessors and usigns ot ths said 1Wortgagee wAer+ver the conte:t ~o rcquires or ~dmita. WITNE3SETH: That tor devera good and v~luable coneider~tions, and aL+o in rnnaidention ot the aggre~te aum named in the promissory note ot even date here~vith heninafter dexribed, tAe said Mo~tgagor does Aeceby grant, bargaia, seU, aUen, remiae, release. convey and confirm unto the uid Nortg~gee, hia heirs, eutoessors and as~igns, dl the certain piece.•.. pa~cel.- . or tract..., ot land, ot wrhi~h tAe said Mortgagor is now seized and poa~eesed ~nd ioactual pos+ession. situate in th~ County et St. I.u~ie and Stste ot Fbrida, deacribed aa fdlowx A 0.1923 ~ undivided interest in fee simple absolute as tenant in common in t e certain real property described in the Master Form Qeed of Turtle Reef Condominlums 1, recorded in Official Record Book 263, Page 2002, subject to divestment as set forth in said Master Form Deed and upon such divestmentp r~~ interval ownership consisting of Unit Weeks5~6.7~8~9 in Condominium ~ , con isting of Apartment Number D-27 , and its undivided share of the ~D ! co~n elements of Turtle Reef Condominiums 1, as such is described in said 1, Master Form Deed. This is a purchase money mortgage. 3, ~i ? ~ j; ~ a It~is fnrtAer agreed between the partiea to thia mortgage that. in addition to the te ~ and conditions ~et ~ t in, if a con~eyence should be made by the Mortg~gor of the premi~es herein deecribed, or any p~rt without fvai obtun~ng both the written conxnt of, the holder hereof, and an as~umptioa ot this ~,n liga n, in writing, by t6e new propoaed Grantee, then, snd in that event. ~t the optan ot the holder hereof, : 7K ~thou notice, all aum~ ot money secured hereby ahall, immediately ~nd coneurrently with such conveyance, beoome a p~yable and said Note snd Mortga~e shall be in detsult. . ~ • WD TO~ HAVE AND TO HOLD the ume. together writh aU and aingul~r thc tenements, hereditamenta and a~ p~teninces thueunto bebnging or in snywrix sppertaiaing and the rrversron and reversiona, remainda and rtr ~ q ~tn ' rents. issues ~nd proBts thereof and also ~U the eetate. ri8ht. titk. intere~t. property. poseeasion, claim and d~an~w6atsoever as weU in law as in equity of the aaid Mortgagor in end to the same ~nd every p~rt and • pireel thereot unto t he ~ai d Mortgagee, s n d his heiro, ~uccessors a n d a~iRr?e. in fpe simpk. i~ ' An~ said Mortqagor, tor himaelf. and his he'v~. legal repressntetive~, succesaor~ and asaig~e, hereby convenents with s~id Mortgagee, hia heir~, legal reprexntetives. ~uccessore ~nd assigna. that eaid Mortgagor i~ indete~sibly eeized af eaid l~nd in fee simple: thst the eaid Mortgagor h~s tull power and Iaw[ul right to oonvey the same in tee ~~s- -~''"'aiinple e~ aforesaid: that it shell be la.rful for ssid Mortgaqee, his heirs, legsl repre~ent~tives, succeesors and assigns. at all times peaceably and quietly to enter upon, hold, occupy and enjoy eaid land snd every part thereof: tlut said land is free from aU incumbrances: thst ssid Mortgagor, his heira, legal reprcsent~tives, eutoeseors tad ~saigns. will malce ~uch further sssunnoes ta pertect the tee simple title to said land in eaid Mrotgagee. his heirs, lega! repnxntatives. ~ucce~or~ and a~si~na, ae may ee~sooably be required: and that said Matgagor does hereby tuUy warrent the titk to said land snd every part thereof aad aill detend the same egainst the v lswfui claims of all peraon~ ~vhomsoever. I It is underatood that each ot the ~rords. "note". "mortgagor" snd "mortgagee" respectively and the pronoane rcferring thereto, xhecher in the singular or plural enywhere in this mortgage. shall be ~ingulu if one only and , ~hall be plura! jointly and xversUy. it more than one. and ahall be m~sculine. (eminine and/or neuter. wherever , the conte:t so implies or admit~. - " And said Mortgagor tor himselt •nd his heira, kgal representativea, suocessore and assigna, hereby eovenants and ~grees to and with seid Mortgeqee. his legal repreaentative~, succesaore aed assigns: 1. To pay all ~ad sinqular the principal and intenst and the variou~ and sundry aums ot money payabk by . • virtue of ~aid promis~ory note. end thi~ mortgage. each and every, promptly on the d~y~ respectively the ~ame - . ~everaUy become dne. ` 4t _ c - 2. To p~y all and aingulu the tuee, a~seasmenta, kviee, liabilitiea, obligationa and incumbrauces of every - ~ nawre and kind now on said dexribed property. andlor that heresfter may be imposed, eoftered. placed, kvied or asseesed thereupon, snd,'or that henatter may be kvied or assessed upon this mortgage and/or t6e indebtedness " secured hereby. each and every, when due and peyabk according to law, before they become ddinqueat, ~nd ' betore ~ny interest attache~ or any penalty ie incurred: end,in so tar ae ~ny thaeof ia of record tAe same ehell be promptl> >atiafied snd dix6arged of record and the originel of6cial do~vment Isuch as, for instanoe, tl~e tu roosipt or the eatiat~ction paper officially endorsed or certifiedl shall be placed in the lunda of s~id Mortgagee ~ - witdin ten days ne:t after peyment: and in the event th~t ~ny thereot ia not eo paid. satisfied ~nd disch~rgsd. ~ said Mortgagee may at ~ny time pay the eame or ~ny part tl~ereof without waiving or ~ffecting anY aption. lien, equity or right under or by virtue ot thi+ mortgage, aod the tull amount of each a~ every such payment aball ; : be immed'utely due and pay~bk snd shall bear interest from the date thereof unW paid at t6e nte of ten per oe~t~un per annum and together with such interest ahaU be xcvred by the lien of thie mortgage. 3. To pl~ce and continuoasly kesp on tiie buildings now or here~fter aituate oa said land fire snd wind~torm insuranee in the .uaual atandard policy form, in ~ sum not less t6an the amount due hereoa, in ~ucb oompany or oompsniss aa may be approved by said Moetgagse: and a11 suc6 ins~rance policies oa any of said bu~7dings, any iatereat t6erein or part tbereof, in the aggregate sum aforesaid or in e:cess thereof, shaq contain R6s uswl standard mortgagee claux malcing t6e los~ under said polieies. eac6 ~nd evary. P~Yabk to said Mortgagee as hi~ incere.c m.y appe~r. .nd e.ch and every soch policy sh.U be ~ompcty dslivered co and hald by s.id Mors~a~ - wd, not leas than ten days in advuKe ot t6e ezpiration ot e~c6 poliey. W deliv~r t~o said 1Kort6~~ • no~wal thereot. togst6er with a receipt tor the pcemium ot such renswd: aad th~re sh~ll bs ao sue6 inair~nos pl~od aa anr ot aaid buildinet. any int~est tMrein or put t6ereof. unbta io tb~ torm a~ wlt6 tM lo~s pay~bis u ' aiore~aid: ~nd ia the eveat any sum oi money beoomss payable under wch policy or policie~ and ~aid Matp~ 80D~if P~G~ ~j ~aas T~~ MN~ M - _ _ . ~~Y11 1b t~Tpt ~,~t,ftRtikA~ IMMy~~ ~ Ra~ a Ni1, ,.,~p p~ ~1~• ~.iT.LYi'~~~ _ - - - - ~ - .