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Home My WebLink About0101 I „ „ 395851 1~ BUILDING D TH13 MOR1YiAGE DFF.D. euck ~~d e:ecuted the ~d~y o( _ Jd11Ua~_~ , 19 ~8 br Henry Edw~rds and Is~~LFd1d~~S, hiS_~li.Ie_.IIf.23`~+AtLroS Dr..~ rri _t island, FL. 32952 lwranafter e~lled th~ Mortgagor. wrhic~ term shall include tAe heus, k~l representativea, succeswra and aNisn~ ot tAs ~aid MoKg~gor wherevet the conte:t so roquin's or admit~. W TURTLE RBEF AS.SOC[ATES, INC.. P.O. Ro: 618. Jeneen Be~ch, Fl. 31~57 AeninaRsr eallsd the Mortgagee. ~rhich tcrtn ahaU include the auece~aon utd ~ssigns ot the ~d MoKgsgee wAerever tAe co~text ao requiree or admits. WITNESSETH: That tor devera Rocxi and vsluaAle con~ider~tion~, and alao in coneide~atiQn ot tM ~ggreg~te sum aamed in the promissory note of even dete herewrith hereinafter dP+cribed. the said Mortgagor doss l~eby gnnt, bargaia. ~eU, a4en, remiee. ~eleax, convey and confirm unto the aaid Mortgagee, hu heir~. ~uocessas and ~~signs, d1 the certaia piece..., percel... or trect.... ot leod, ot which tAe said Mortg~gor is taw ~eised ~nd posssesed and inattual posseesion, .ituste in tA~ County nt St. l.ucie snd Sute ot Florida, deecribetl as idlow~ q 0.0769 ~ undivided interest in fee simple absolute as tenant in common ~ in t e certain real property described in the Master Form Deed of Turtle Reef ; n i: CGndominiums 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 - ~ ~siriterval ownership consisting of Unit Weeks 46 and 47 in Condominium D-22 , a ~ c~ ~ ~ d~consisting of Apartment Number ~'22 , and its undivided share of the ~~comnon elements of Turtle Reef Condominiums 1, as such is described in said t a o°Master Form Deed. This is a purchase money mortgage. ~ , c r = r- lt is further agreed between the par!ies to thi+ mortRsge that, in addition to the terma at~d conditions set ;Q n.N out herein, if a conveyance should be msde by the Mortga~or of the premi~ea herein dexribed, or any part ~~C' , tMsreot, without firat obtaining both the ~rritten corisrnt of the hoider heroof, and an assumption of t6i~ obiiaatioa, in writing, by the new propoxd Gr~ntee. tAen, and in that event. ~t the optioa of the holder hereot. witt~out notice, all ~ums of money ~e+cured hereby ahell, immediately and eoncurrently ~vith such eonveyanoe, beoowe dus and p~yabk and said Nou ~nd .Mortgage ~h~ll be in default. TO HAVE AND TO HOLD the aame, together w~ith sU and ~ingular the tenementa, hereditaments ~nd ap~ part~ena~es thereunto bebnging or in ans-xi+e •ppertaining and the rever.wn aad reversions, remainder ~nd ro mainders. rents. issues and protta the~ end et~o all tAe eat~te. right. title. intemst. PropertY. posseesioa elaim ~nd demand wAateoever as weU in law r: .~:uity of the aaid Mortgaytor in snd to the same and every p~et ud p~tcel thereot unW the said MortRaqee. en~ :..s heir~. euccesaora and a~~r.r.~. in fee simple. _ Md said Mortga~, for himself. end hiy heir~, legal repreeenutive+, successors ~nd assigna. ltereby rnnvenanb with said Mortgagee, hie heira, legal reprexntetive~, auccesaor~ and e~~iqns, that said Mortgagor is indefeasibly rei=ed oi said land in tee simple: thst the said Nortgagor ha~ tull power end lawrfitl right to oonvey tbe same in tee simpk as atoresaid: that it shsU be Iawrtul for said MortRagee. Ais heirs, kgal repreeentatives, successors and eseign~. at all timee peaceably snd quietly to enur upon, hoid, occupy and enjoy ~aid land aad every pact tl~sreof: that s~id 4nd is free irom aU incumbrence~: th~t said Mortgagor. his heir~. legal repreeentatives. sucaessors ~nd assigns, will make such further assu~~nce~ to perfect the [ee simpk title to said land ia stid Mrotgagee. his heira, kgal reprexntative~. succe~sor~ and essiRn~, as rsuy re~eonably be required: and tbat said Mortgago~ i does hereby fuUy w+errant the title to said land end every p~rt Lhereot nnd will defend the same ~gainst tbs lawful claima ot all person~ whom~oever ~j It ia underatood that eath of the worde. "note". "mortgagor" snd "mortgsgee" reepeCtively and tbe pronoans referring thereto, whether in the sinRular or plursl snywhere in this mortqage. shall be ~ingular it one onty and shaU be plural joindy aad severnlly. if morn than one. ¦nd ahall be maxuline. feminine ~ndtor neuter. wherever the conte=t eo impliea or admit+. ' And said Mortg~gor tor himxl( and his heirs, le~l npresentativee, aucceesore ~nd eseigns, hereby oovenanW and `F ~ agrees W~nd with ssid MortRaRee. hi~ legal repre~enutivea. ~ucce~aoro and asaigna: 1. To pey dl and sinRuler the principel and intere~t and the varioue and sundry ~ums ot money payabk by virtue of aaid promissory note, and thi~ mortqaRe. each and every, promptly on the daya reapectively the same sevenlly become due. . . 2. To p~y all snd ~inguiar the tues. asseesments, levies. liabilities. obligatana and iecumbneces of every • nawre and kind now~ on ~aid dexnbed property. andJOr that herea~te~ mey be imposed. euffered, placed. bvied ~ or aeseased thereupon. end or that hereatter msy be levied or aeseseed upon thia awrtgage and/or the indebtedness secured hereby, e~ch •nd every, when due and p~yabk according to law, betore they become delinqueat, and betore any interest attachea or ~ny pemlty is incurred: and in ao f~r s~ sny thereot is ot recocd t6e sams sAall be promptty satisfied end diachergrd of record end the original official docume,mt lauch aa. lor instanea, the tu reor6pt or the eati~faction p~pe~ oftxialty endoreed or certified) ahsq be placed in the hande of said Mo~tga~se within ten days ne:t after p~yment: and in the event that any thereot is not w p~id, satisfied aad disci~t~sd. said Mortgagee may et eny time pay the ~ame or any part thenof writhout waiving or ~ffecting aay option. liea, equity or right under or by virtue ot thi~ mortgaqe. and the fuil amouot of each and every suc6 payment shaD bs ia~mediately due aad p~yabk •nd shall besr in~re~t from the date thereof until paid at the nte of ten per uaturn per annum and together with euch interest shall be secured by the 6en of this mortgage. 3. To place end continuously keep on the buildings noRr or hereshu ~itu~te on said land fire and windstorm insurance in tbe uswl atandard policy form, in • sum not kss t6an the ~mount due hereon, in such oompany or comp~nies as m~y be approved by eaid Mortgagee: snd aU such insura~e polides on ~ny o( said buildings. ~ny interest therein or part thereof, in the aggrcgate ~um aforesaid or in ezcess thereof, shall oontain t6s uwW stand~rd mortgagee ctause malting the los~ under said policies. each and every, p~yabk to s~id Mortg~ges ~a hir intere~t nuy appear. and eaeh and every such policy e6~ll be promPtly deliverad to and 6eW bq ~aid Mort~a~ and, not kss than ten days in adv~nce of che e:p'v~tion of e~eh policy. W ddivK to wd MatP~ • r~e~r~v tl~ereof, together with • receipt tor the premium ot such reaewal: and there shall be no sneh ina~nos Pl~od aa aay of said buildings. anr interest therein or part tl~ereof. unleas in ths to~ uid with the 1oa Wyabie u afore~aid: ~nd in the event any ~um of money becomes p~yable under tuch policp or and ~a~d M~i~ n ~qryEp = 11! pAYME1IT Of TAXfS qIE ON ClAS 'C'INT ~'8lE PEASONAL PROPERTY. O R e~ PURSUAIR TO t;l{AP1ER 71-t:4. ACTt Of 1~J1. 60~K ~~t~ PACE Ros~rt Par~u?s - C~-' - cu~ac a~rt oa~r, aT. u~ac ca. tu ~ ~ - _ ~ _ , - . _