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Home My WebLink About0093 )J BUILDIN6 "D" '33~4~ ~ • TH13 MORT(iAGE DEBD, m~de ~nd e:aruted tAe __~Qd~y of _ Jdnuar'V lp ~8 by Gene Stuart Sanders and Sandra Dawn Sanders, his wife of 6231 4th St., S.W., Margate, FL. 33068 h~ninattar eallsd tM Mortgagor, which term ~h~U include ths hevs, k~l repre~entativea, suetMaors and s~u of ths said Mortgagor wAerever the conte:t so roquires or ~dmita, w TURTLB AEEF AS.SOCIATES, 1NC., P.O. 130: 618, Jeneen Beath. Fl. ~3457 hKeinaher c~Ued~ the Mortgagee. ~vhicA term ehaIl include the ~ . eueeessors and assigns of ths add Ma~tg~ges wherevet ths conta:t x? requ'ves or ~dmits. WITNES3ETH: That tor devers Rood and vsluable conaiderations, and al~o in tonsidet~tipn of the ~ggregate eum aamed ia the promiseo~y note ot even date hereaith he~reinetur d. xr.bed, tAe eaid Mottgagor does 1~ereby grant, bargaia, sell, alien, remise. rele~se, convey •nd conCrm unto the +aid Hortg~gee, his Aeire, successors and a~o0. a11 the cutain piece.... parcel.. . o~ trace ot Isnd, ot ~hicA the e~id Mortgasor i~ now ~eised aad possss~sd and inaetual poaseaaion. .~tuete in thP County ei 3t. l.ueie and Sute ot Fbrid~, described ~s toUows: ,.p_ 0.0769 % undividetii interest in fee simple absolute as tenant in common in.t e certain real property described in the Master Form Deed of Turtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to ' di,vestment as set forth in said Master Form Deed and upon such divestment an ~ o~ir~terval ownership consisting of Unit Weeks 45 and 46 in Condominium D-2 , ~ ~ • c ~ a ~~cpl~sisting of Apartment Number D-2 , and its undivided share of the ~ o a`~ortmon elements of Turtle Reef Condominiums 1, as such is described in said ~~•~faster Form Deed. This_is a purchase money mortgage. Y o °LL D . ~ V~ '[t is turther ~greed between the partiea to thia mortgaRe that. in addition W the terms and oonditions set 1 c t~ herein, it ~ conveyance abould he msde by tRe Mortgagor of tAe premisea Aerein deseribed, or any part ~ ~ ~~he~eot, without firat obtaining both the written conxnt ot the holder hereot, and an ~asumptioa ot tLis U obljgatpa, in writing, by t~e new proposed Grantee, then, ~nd in thet event, st tbe option ot t6s hoider h~reof. ' s ~riNwut notice, all eums ot money senued hereby sRall, immed'utely and coneurrently with aucA conveyanoe, beooa~e ~ j dus ~nd p~y~ble and said Note and Mortqag+e shall be in de[ault. TO HAVE AND TO HOLD the same. together writh all and ~ingular the tenements, hereditameata and a~ p~vt~ thareunto bebnging or in snywnx ~ppertaining and the reven~on and reversions, remainder and rs . m~inden, rseta, i~es aad pro5ta thcr.~.~ and alao all the eaute, right, titk. interest, property, pos~e~sion, daim ud dem~nd wAatsoever as weU in Iew+ n. n; .-:uity of the said Mor[qaRc~! in nnd to the same ~nd every part aad parcd thereof uato t6e ~aid MortRagee. end i:.s heir~. ~uctessora and es~igns, in fee ~itop~e. And said Mortgagor. for himselt, end hiQ heir~, kgal repreesntativee. ~uccesxx~ and assians, hereby oo~venants ~ wit6 aaid Mortqagee. hie heir~. kgal represencatives, aucceeaora and as~iRr?s, that aaid Mortgagor is indete~n'bly seiud ot said land in fee ~impk: that the 3aid Mortqsgor has tuU power and 4wiu1 tight to convey the same iw fee simple ~s ~toreeaid: that it ahaU be la.vful tor ssid MortRaRee, hia heira. leg~l representatives, succeseors ud assignt. , at- dl times pe~ce~bly and quietly to entrr upon. Aold. otcupy and enjoy said land u~d every part tLereof: tlut said land is tree from ~Il incumbrances: thet seid Mortgagor. his har~, legal representatives, rucoessors ~nd aasigs~s, will make auch further as~unncse to pertect the tce simpk title to eaid land in said Mrot~aaes. his beirs, legd reprexntativee. ~ucces~oro snd e~~ign~, e~ may reasonaWy be required: and that said Mortgagor '3 doee Aereby fully w~rrant the titk to ~aid land snd every p~rt thereof and wiU detend che satne against the lawful claime of all persons whom~cever ~ It i~ underatood tlut each ot the word~. "note". "mortgagor" and "mortgagee" reepectively and the prooonns ~ rcferring thereW, w~hether in the singular or plural anywhere in thi~ nwrtgsge. ~hall be singular it one only ~nd ~ ehall be plurd jointly and aeverally, if more than one, and sh~ll be m~sculine. teminine andlor ne~ter, wharever the tonte=t so implie~ or edmit~. ,.y Aad said Mortgagor tor him~elf and hie heiro. leqal repreeentatives. ~ctessore and ~ssigns, hereby oovenanta ~nd . agrees to and with said MortRaRre. hi~ legal reprexntatives, ~cces~ora ~nd assigns: _ ~ 1. To pay all and ~inRuler the principel and intereat and.the variws end sundry aume oi money p~yable by virtue oE aaid promissory note, snd this mortqage, each and every, promptly on the daya reepectively the s~ms xver~lly become due. . 2_ To pay all and ~ingulu the t.a:es, aeseesments, lev:es, liabilities, obtigatans and incumbraaoes of evay - nature and Icind noa on said dexribed property. and/or that heresfter may be imposed. suftered, placed, ievisd or ~esessed thereupon, and~or that hereafter mey be levied or ~sseaxd upon this mortgage tnd/or the indebtednees sscnred !?ereby. e~ch snd every, when due and peyebk according w law, bet~e they become delinqnent, and betore any interest ~tt~ches or ~ny penalty is incurred: md in so far aa aay thereof is of record the samb sAaU be promptly satisfied and di~charg~ed of reoord and the original official document (such as. tor inatanos, the t~s - rsaipt or the satiatection p~per oiticially endor~ed or certificdl ehall be pl~ced in tAe lunde ot said Mortg~ge~ within tee days ne:t aftsr p~yment: and in the eveat that any thereot ia not so paid, satis5sd and di~clrt~ed. pid Mortgagee may at any time pay the ~ame or any p~rt thereof ~vithaut waiving er affecting anY aption. ~ lisn, equity or rigAt under or by virtue of thia mortgage. and the full amwnt ot each and every wch p~ymeat sluD b~ immsd'utely due aad p~yable and alull bear int,erest from the d~te thereof until paid ~t the nte of ten per osnturu per annum and together w~ith such interest shall be secured by t!k lien ot this mortgage. 3. To placs end continuoasly keep on the buildings now or here~fter situate on said land fire ~nd winditorm ~ insuraeee in the uaual etandard policy form, in a sum not kas than the amount due hereon, ie auch aompany • or oompanies as may be approved by eaid Mortg~gee: and all wch iasur~nu policies oa any of said Miildings. any ~ iutereet therein or p~rt thereot, in the aggregate sum aforesaid or in eseess thereof, sha11 oontain tM uaW ~tandard mortgasee clausc m~king the losn under eaid policies, each and every, p~yabk to s~id Matg~gee u hir interert m~y appear. and each and every soc6 policy shall be promptly dslivsrod to ~nd held by ~aid Mortp~ and, uot le~s than ten days in advu~ce ot che e~ir~tion of e~ch policy, to dsliwr to s~d Mort~aiN • e~e~w~l thareof, together with ~ receipt tor the premium oi aucb rsnswal: ud thers shdl bs ao sueh i~urana p~~ad 00 ~ny of said buildings. ~ny it~tereat therein or part tAereof. un1eN io ths torm and with tM loa payabls u dore~aid: aad 'w the event any ~um ot moeey beeomes p~y~bk under wch policy and ~id MatPRM IM PAriEN~ Oi TAXEt fl R e~ ~CUSi 'C 1 '9LE PERS~UIL r11~ERTr~ ~ ~ 800~! ~~J P~ ~ ?uRSUUrt ro c~~ n-:z4, ,?crs o~ »n. RppE~ POiTMi ~ ~ q~CYR GOllt?~ iT. LJICE C0. F~ ~ ~ y . c ' ' _ ' . ' ' ' . _ ' ~ ` - - ~ . .:e':; ~ . .._,.c_ S~ - . - . . . . . , _ ~ .