HomeMy WebLinkAbout0142 BUILDING "D" ~
~~~0
, TH13 MORTGAGE DEFD, made aRd e:ecuted the 19 day ot November ~~g _ 7~
• by Merl i ne Gai 1 DauQhert~r of 5837 Chri sti e, S. E., Grand Rapi ds, Mi 49508
hereinatter caUed the Mottgagor. wRich term shaU inciude tbe heirr, lesgal representatives, succes~oro aad ~ssign~
of tAe aid MoKgago~ wherever the conte:t ac? require~ w admlts.
to TURTLE RESF AS.SOCIATES. INC.. PO. Bo: 618, Jenr.~ Beach. FI. 3345T
. heroinatter c~lled the MortRaqee. ~hich ttrm ahaq include the successon and aseigns ot the
said Mortgagee ~rAerever the eonte:t so ~quires or sdmits.
WITNESSETH: That for devers Rood and velusble con~ider~tion~, snd el~o in conaideratan oi [he aggregate swn
named in the promiasory note oi even date herewrith herein~fter dei+cribed, the eaid MortRagor does hereby
, grant, b~rgain, xU, aliea, remiee, relea~e, con.•ey snd contirm unto tRe aaid 4foetgagee, hi~ heirs, ~uooeesots and
assigns, aU the certain piece..., parcel.... cx tract.... of land, of wAich the ~aid Mortgag~or is aow seized and ~
pp~+esxd end in~ctual posaessii~n, situate in th~ County of St. Lucie and State ot Florida, dexribed as MUowe:
.
A 0.0769 % undivided interest in fee simple absolute as tenant in common 1~`
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
~~divestment as set forth in sai.d Master Form Deed and upon such divestment an
;interval ownership consisting of Unit Weeks 13 and 14 in Condominium D-2 •
. < , _ ~
- ~
x~co.nsisting of Apartment Number D-2 , and its undivided share of the
L, :common elements of Turtle Reef Condominiums 1, as such is described in said
o~Ma-ster Form Deed. This is a purchase money mortgage.
_.ro ti .
c, • - • .
~ o ~ It is turther aqreed between the partiea to this mortRage that. in addi~ion w the terms and rnnditiona set
W ouf herein, if a conveyence should be msde by the MoRgagor ot the premi~ herein dextibed, or any put
< tl~ereof, w~ithout tvat obtaining both the evritten coneent of the holder hereof, ~nd an nsaumptioa ot thi~
' obtigatan, in writing, by tt~e new proposed Grantee, then. and in that event, at the optioa ot the holdef hereof,
writhout notice, all sum~ ot money xcured hereby shall. immediately and eoncarrently with such eonveyancs, beeome
due snd payeble end eaid Note and Mortgsge ahall be in defeult.
t •
TO HAVE AND TO HOLD the seme, together .vith aU ~nd singular the tenements, hereditaments and ap~
purtenances tsereunto bebc~ing or in any~vise appertaining and the reversion and rever~ions, remainder and rs
mainders, reat~, issues and profita thereot and also all the estate, right, title, interest, property, posxssion, claim and
demand whatsoever es well in law es in equity o[ the said MortgaRor in and to t6e aame aad every part and
parcel thereot unto the ~aid Mortgegee, and his heir~, auccessora ~nd aasign+, in fee ~impk.
And aaid Mortgagor, for himself, aad his heirs, legel repressnt~tives, succeaaora and asaigns. 6ereby oonv~ante
w~ith ~aid Mortqagee, his heira. kgal representetives, euccesaoro and as~iRn~, that said Mortgagor ie indatessibly
~eised of asid land in [ee ~imple: that the eaid Mortgagor has (ull power and b~rtul right to conJey the same in tee
simple aa ~foreaaid: that it shall be lawrful for said Mortqagee. hie heira, begal representatives, ~uccessors aed a~eigns,
~t all times peaceably and quietly to- enter upon, hold. occopy and enjoy said land and every p~rt thereof:
that aaid lsnd ia free irom sll incumbrancee: th~t eaid Moirtqagor, hia heirs, {egd represent~tives, eucoessore and
saaigns, will make such further aaaurence~ to periect the fee simpk title to said land in eaid Mrot~gee,
his heira, legal representatives. ~utcessora ~nd asaigns, ss may re~sonaWy be required; and that said Mortgagor
~ does hereby fully warrant the title w said lend and every part thereof and will detend the aame aqainst the
lawful claime of ell per~one whomsoever.
lt ia underatood that each of the word~. "note". "mortgagor" and "mortgagee" reapectively ~nd the pronouns
referring thereto, vrhether in the singuler or plursl anywhere in tAi~. mortgage, shall be aingular if one only and
~ shall be plural jointly and ~everally, if more thsn oae, and ehall be mseculine, feminine and/or neuter. ~vherever
the contest so imp6ea or admits. _
And eaid Mortgagor tor himxlf and his beirs, kgal representativea, auoceseora and asai~?~, h~reby oovemnis and
~grees to and writh said MortRaRee, hia legel representative~, succeasor~ and aesigns:
1. To psy ~ll and sinRuler the principal end interest end the v~riou~ and aundry sum~ of money p~yable by .
virtue of said promiaaory note, snd thi~ mortgage, each end every, promptly on the deye reepectively the eame
severslly become due.
2. To pay all and singuler the tues, assessmente, leviee, liabilitie~. obligations and incumbrances of tvery
nature and kind now an said dexribed property, nndlor that hereafter taay be imposed, suffered, placed. {evied
or asseased thereupon. end!or thst hereafter msy be kvied or ~aeessed upon this mortgage andlor the indebtednese
secured hereby, each and every, when due end psyebk according to law, before they become delinquent, and
before any interest attachee or any pendty ie incvrred: and in so tar as anq thereot is of record t6e same shall be
promptly aatiefied and discharged ot record and the o~iginal official documeet Isuch as, tor inatanes, t~e t~z
reoeipt or the satufaction paper oft'xially endoraed or certifiedl ahall be pl~eed in the haada of said Mo~tgagee
witAin ten daye nezt aftu p~yment: and in the event that any thereof is aot eo paid. satisfied aad disch~rged.
s~id Mortgsgee may at any time p~y the eame or sny p~rt thereof witlwnt waiving or affecting ~ny eption. ,
lien, equity or right under or by virtue of this awrtgage. and the tuD amonnt of each and every auch peymeet ahdl
be immediately due and p~yabk and shall bear intereat from the date thereot until p~id ~t the nte of ten per
oentarn per annum and togetlur with such interebt shall be xcured by t6e lien of this mortgage.
3. To plsce and oontinuoaely Iceep on the buildings now or hereafter aituate on seid l~nd t'ire aod windstorm
insarance in tbe uswl etandard policy form, in a eum not kas th~n the amount due hereon, in auch oomp~ny
or compenies as mey be eppmved by said Mortg~gee: and all such ina~uanoe polic.ies on any of said buildings, ~ny
inter«t therein or p~rt tbereot, in the aggregate wm aforeeaid or in ezcee~ thereof. ~hall contain the wwl
st~ndard mortgagee clause making the loss uoder said policies, esch and every, peyabk to said Mortg~ges as hi~
inte~t may appear. and e~ch and every suc6 policy s6aU be pernnptly ddiv~sred W~nd held by aaid Mortgag~ •
and, not less than ten days in ~dvanoe of the e~iration ot e~ch policy, to deiiwr W s~id blortga~e~ a e~o~wd
thereot. together with a receipt for the poemium o( auch ranewal: ~nd tlw~e shaU be eo such inaranca pl~ad
on u?y of eaid buildings. any intereet t6erein or part thereot, unkss in tbs torm and with b~s p~yabls as "
dore~aid: and in the evsnt any sum o! money beoomes p~yabk under such policy or policies ~ s~id Mortga~
- ' L_ ~ • : ~ , _ • . • r _::"c~Y~ 3 iN PA:'MENT Of TAXES
~`-"F . ' - ~ ~U_ 9V C. 5'C.INT ~BLE PERSONA~ PROPEitTY~ ~ R 283 P~~:
~ ( v ~U~lSUMi TO UTAPTER 71•134, ACTS Of 1~71. B~DK
_ - 'o . • - - ' i (i. ,i , RO~EIt POITttA~ - . -
, CLE~Ii CWCllff WIMIT, iT. WCE i~ !L~
~
~ - - -
. . _ . . . , . _ - . F..