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Home My WebLink About0109 ~h,~ J'/ BUILOING "D" ~7~5b 1 THI3 MORT(3AGE DEFD, made ~nd e:ecuted the ~IS~day ot January l~ ~8 sy Brian L. Ingraham and Jodi W_Ingraham, his wife of 7820 S. W..55th Ave., Miami. F1. 33143 Iwninaft~t ulled tM Mort~gor, whicA cerm sluU include the heira, leg~l np~e~entative~, ~uceNw~s and usi~n~ of tM aid Mortgagor whenvsr the coote:t so roquirea or ~dmits, W TURTLE REEF AS.90C1ATES. 1NC., P.O. F3os 618, Jensen 8e~ch. Fl: 33457 AKeinatter callsd' the Mortg~gee, whicA term shall include the aueeessor~ aad ~ssign~ of tlrs said Mortgagee wherever the conte:t ~o requiree or admits. WlTNESSETH: That tor devero good snd valuabte eonsider~tan~, and elso in coasidentiqa ot ths ag~reg~ts aua named in the pwmiaso~y note of even date hercwrith hereinatter drscribed, the said Mortg~ does Me+eby arant, barg~in, seU, alien, remise, release, rnnvey and contirm unCo the ~aid Matgases, his heirs, sutoessors and ~w~nns, aU the ceRain piece..., parcel.... or tract.... ot land, ot which t1?e e~id Mortgagor is now rsised and posssised ~~d in~ctua! pos~e~ainn. ~ituste in the Gounty ot St. I.ueie and St~te ot Florida, deseribed ~s folbwr. Ik~ 0.0769 ~ undivided interest i.n fee simple absolute as tenant in comnon in~•t e certain real property described in the Master Form Deed of Turtle Reef Co`dominiums 1, recorded in Official Record Book 263, Page 2002, subject to ~ di~iestment as set forth in said Master Form Deed and upon such dive3tment an nterval ownership consisting'of Unit Weeks 22, 23 in Condominium D-17 , ~ . ~ o ~ oAsisting of Apartment Number D-17 , and its undivided share of the ~ o~non elements of Turtle Reef Condominiums 1, as such is described in said ~ter Form Deed. This is a purchase money mortgage. ,l ~ ~ - vt S~ t~ Sit is turther ~greed between the parties co thi~ mort~[sge that. in addition W tAe tertn~ aad oonditions ~st C~ herein, it a eonveysnce ~hould be made by the Mortgagor of the premisss herein described, or any part ~'~~e~-eot. witAout first obtaining both the w~ritten consent of the hold~ her+eot, and a~ assumptioa ot tl3s obM~tan, ia writiag. by t6e ~r proposed Gnntee, tben, and in that event, at tAe option ot tbe 6older lie~eof, . • ~rit~wut notice. d! sums ot money secured herrby ahall, immed'utely and rnncurrently with auch oonvsyance, bsoome " due•and p~y~bk ~nd said Note and Mortgage shall be in defsult. 7~0 HAVE AND TO HdLD the ~ame, togethet with all snd aingular the tenementa, hereditameata and ~R ~~~~p~ttesaoce~ tberennto bebnging or in anywiae appertaining end the rrver~wn aad reveraions, roa~inder ud rs majnd~ts. rents. issues and profits ther+.,~ and aleo all the estate. right. title. interest. PropertY. Po~session. claim and dsm~nd whatsoever •s well in lsw u~ ~-:uity of tAe said MortgaRor in and to the same and every p~rt and pated thereo[ unto the eaid MortRaRee, and i.,s heir~. ~ucces~ora and as.i~,~n+, in fee sunpM. . And said Mortgagor, for himaelf, and hi• heirs, iegal roprosentatives. ~ucce~or~ and assigns, hereby oonveeants __1 with said Mortg~gee, his heir~. kg~l representatives, successore and asaign~. that said Mortgaaor is inde[eaably - ~ei=ed ot said land in fee eimpk: that the said Mortgagor Aas full powrer and lawtul right W tonvey the s~me ia tee simpie as atoreaaid: that it ahsU be lawrful tor eaid Mortgagee. hie heirs. legal repr~aentatives. snoeessors ~nd assign~, ~ ~t ~ll times peaceably ~ad quietiy to enter upon. hold. occupy and eajoy said W~d and evsry part tl~eeeo~ i+` tlut said land ia free from ~Il incvmDrances: that said Mortgagor. his heirs. iegai representative~. nuoessors ~ad wigaa, will make auch further as~arancen to perfeet the tee simple title to said land in ~aid Mrotsagee, hie 6eirs, kgal represent~tives, successor~ ~nd s~signa, aa may reawaably be req~+ed: ~nd tlut said Mo~taagor ~ does, hercby fuUy w~rrent the titk to said land end every p~rt tAereof and w7t defend the same against tbe ~ ` l~w(ul claima ot ~11 persona ~vhom~oever ~ It is understood that each of the word~. "note". "mortgagor" and "mortgagee" reepectively and ths pmaoun~ ~ referring thereto. wrhether in the smguler or plural ~nywhere in thi~ mortgage, shall be aingular if ons only aed ~ ` ~hall be plural jointly and se~•eraAy. it more then one, and ehaU be m~sculine, teminine andfor nsuter, wheeev~ the coate=t eo implie~ or edmits ~ And said Martg~gor tor himxtf and hie heira, kgd rrpresent~tives. suoceesors and a~signs, hereby tovenaet~ ~nd ~ agreea to and with said MortRsRee. hi~ legal reprexnutives. ~ueceasoro ~nd aesigns: ~ 1. To psy all ~nd sin~tuler the principai and interest and the varioue snd sundry suma ot money pay~ble by ~ virtue ot said promis~ory note. and this mortgage, each and every, promptly on tAe days reepectivdy the s~me xverally become dua ~ 2. To p~y eU •nd ~ingulsr tf?e ta:es, saae~smenta, leviee, liabilitiee, oblig~tions wd itxumbn~es of every nature and kind now~ en said dexribed property, sndtor that hue~fter msy be impo~ed. suHered, plated. levisd or assessed thereupon, and:or that hereatter m~y be kvied or assessed upon this mortg~ge andtoc the indebtednes~ ~ secured hereby, each end every, wAer. due and payable according to law, betore they become dslioque~~ ~nd ~ betore any intereat ~ttaches or any penalty is incurnd: and in so tar ae any thereot is ot record the s~ms ~q bs promptty satisfied and dischuqed ot record ~nd the origiiul official document Isuch ae. for instanos, tbe ta: rscaipt or the satiafaction p~per ofticiaUy endorxd or certi6edl sAall be plaeed in the Aands ot aid Martpges ~ within tan days -ne:t after p~ymeat: and in the event that any thereot is not so piid, satisfied aad di~ctrteed. ~ iaid Mortgagee may at any time p~y the eame or any part thereof witbout waiving or ~Hecting any optian. ~ lien, equity or right under or by virtue of this mortgage. and the tull amount o[ each and every such p~yment ah~ll ~ b~ immediately due ~nd p~yabk and ahall beu interest from the d~te there~f w?til paid at the nte ot ta~ per ~ oentorn per •nnum and to~ether with aucA interast shaU be secured by t6e liea of this mortgaae_ , ~ ~ 3. To placs and continuously keep on the buildings now or bere~fter situate on eaid land fire ~nd wind~torm ~ inauraace in the usu~l standud policy torm, in a sum not kss t6an ths aawant due hereon, in such oompany ~ or oompaniss as may be spproved by said Mottg~gee: and all sucb insunace polides oo any of said buildin~. any ~ int.erwt tturein or parc thereof. in the sggregate sum afonxaid or in e:csss thereof. ahaU oont~in tlM wud ' ~ndard mortgagee clause makins the lose under naid policies. e~ch and every. p~Y~bk w said Mortg~gw a hi~ § inten~t m~r appear. and e~ch and every sueh poliey ahall be promptly delivared to and held by ~aid Moet;a~c ~nd, oot kss t6an tea days in ~dv~noe of the ezp'vation ot e~cl~ polky. to ddivR W said ltoetta~w ~ e~a~wd ~ tMreot. together with a reoeipt for the presniua? of auch rsnewd: and tlwrs shall b~ oo axh ina~rana pi~ad ~ on ~ny of said buildings. ~ny intsrest tl~srein or part thereof, unlsM in t6~ torm and wft6 tb~ loa p~yabl~ u dore~sid: and "w the eveat any sum ot money beoomes p~Y~ble undK ac6 poliery or poKcie~ md nid Mo~t;a~ ~ tECQYEO : ~ U IN PArifNT OF TAXEt y WIE Oil CtA 'C INTAItG{8LE PERSONAL PR~ERTY~ uw _n ~ 80flx ~A3 PAf,E FuRw~ To uurT~a n-~~. ncT: a~n. ~ Roc~ Parius . c~nc cu~r cou~cr, sT. WaE ~a.1u ? ~ ; _ . - : - - - ' .