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Home My WebLink About0158 ~l FE6 ~ !~~g BUILDING "D" ~t~58:~ ~ . , THl3 MORTGAGE DEFO, m.e~ .na e:~ueaa ene 4t~.y or February . 19 78 br Al~lY SIRitQ1A At~ SARAH J. SIKKQIA= hia w!!~ o! 8)2S Ch~st~rtoa Drlw, ~ Bnoe~ Gat~rL Mlchirtar 49315 !?ecsinattw eallsd t6~ Mort~~. wAich tarm ~hdl inelude the heirs. 4g~1 repnMalatives. succeswn and ~a~ign~ . of ths ~aid Mortg~gor wherever the conte:t so n~quires or ~dmita. to TUR17,8 REEF A3.90CIATES, INC.. P.O. Bo: a18, Jensea Beaefi, Fi. 33~57 hereinaft~ callsd the Mortg~gee, w~hich term ehell include the succe~sors and asaigns ot tM nid Mat~ges wherever the conte:t so requires o~ ~dmits. WITNE3SETH: That tor dever~ Rood and v~luabk conside~atans, and also in oonsideration ot tAe ~ggre~te sum named in the promissory note ot even dste herewrith hereinafter described, the ssid Mortgagor does hereby grant, baigaia, ~ell, ~4ea, remiee, rekase, convey and confircn unto tl~e ~aid Matg~gee, Ais heira, suoosssors and assigns. aU the cartain piece.... p~rceL... or tract.... ot i~nd, of whicA the aaid Mortgagor is now seised and poaeessed ~nd inactu~l pos~ession. ~ituate in the County et 3t. Lucie and Sute oi Fbrid~, described ~s toUows: / ' 1 • A°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 ~ Coadominiums 1, recorded in Official Record Book 263, Page 2Q02, subject to di~estment as set forth in said Master Form Deed and upon such divestment an ~ ;~n~erval ownershi p cons i sti ng of Uni t Weeks ii and 12 i n Condomi ni um D.3 , - ~ ~ ~~oASisting of Apartment Number p_3= , and its undivided share of the ~~orornon el ements of Turtle Reef Condomi ni ums 1, as such i s described i n sai d _`~.~IaSter Form Deed. This is a purchase money mortgage. ~ It is further agreed between the psrties to this mortgege that, in additioa to the terms snd rnnditions set = t~ut • herein. it a rnnveyance abould be msde by the Mortgagor o? the premisea herein dexribed, o~ any part ~~theieot, withoat fust obuining both the written consent of the holder hereot, and ~a ~seumptioa of this ~ obli~tion, in writing. by the aew proposed Grantee. tsen, and in that event, at the optioa ot the laWe~ Mreot, / q wit6out notice, d! aum~ of money xcured hereby ~hn4 immediately and rnncurrently with auch conveyanoe, beoome dus and p~yabk ~nd said Note ~nd Mortga~ shall be in default. ~ • TO HAVE AND TO HOLD the same, together with all and singul~r the unements. hereditaments and ap~ purteaances tbereunto bebnging or in any~rix ~ppertaining and t6e reverseon and reveraions, remainder ~nd rs mainders, reat~, iswes and profit+ thereof end slso a0 the estste, rigfit, titk, interest. property, pos~easion, cWm ~nd demand w6ateoever as weU in lsw+ as in equity ot tbe said Mortg~gor in end to the same and every patt and , parcel Rbereot unto the said Mortgaqee, and his 6eirs. aueceasors and asaign~, in fee simpk. Aad said ~lortgagor. tor hims~lt. ~nd hi~ hein. kgel reproasntatives, ~ucces~ore and aesigns. 6ereby oonvenante with eaid Mortgagee. his 6eir~. legal reprexntative~. auccessors and assigns. that said Matgagor is indefeasibly seized ot said land in tee simpk: that the said Mortgagor has fu11 powar and Iswful right to oonvey the ssme in fee simple ae atoresaid: that it ~hsll be law~ful for said Mortgagee. his heira. {egal rcpreeentatives, eucoeseors and aseigns. at a!I times pace~bly aad quietly W enter upon. hold. oceupy ~nd enjoy said land and every part t6ereof: tlut said land ie free from all incumbrences: th~t ~aid Mortgagor, his heirs, kgsl cepr~eentatives, sucoessors and asaigns, will make auch (urther se~rances w perfect the tee simpk titJe to eaid land in aaid Mrotgagee, his beirs, leq~1 representatives. ~ucceasors ~nd aseigna, as may reasoaably bs reqaired: and that said Mortgagor does hereby tuUy wamnt the title to said land snd every put thereot and wn71 defend the same against the ~ Iewful cWme ot all peraon~ whomeoever. It i~ underatood that each of the ~rorda. ..note... ..mort6a8o~.. ~nd ••moK8~6'a.. reapec~ively and the pronouns referring thereto, w~hether in the sinqular or plursl anywhere in thi~ mortgage. ~lull be ainguiar if one only and st~ell be ptural jointly and severally, if more than one, and shall be m~sculine, teminine and/or neuter, wMrever the conte:t so imp6ee or admit~. And aaid Mortgagor for himxlf ~nd his heirs, legal representativea, suaeasore ~.~d asrigns, hereby covenante and ~grees W and wits said Mortgagee. hi~ legal representetives. succeasoro and saaigne: , 1. To p~y ~il and ~inRular the principal and interest and the variona and sundry ~ms of money payable by . _ virtue of said promis~ory note, end thi~ mortg~ge, each and ever•y, promptly on the day~ reepectivdy the same xverally become due. 2. To pay all and singulir the ta:es, aaee~smenta, levies. liabilities, obtigation~ and incumbnnoes ot every nsture aad Icind now on said dexribed property. and/or that hereaftu mey_ be imposed. enftered, placed, levied or aexssed thereupon, andlor that hereafter may ae levied or ~ssessed upon this mortgage and/or the indebtedness secured haeby, each and every, when due and peyable aocording to l~w, before tbey become delinqu~t, and ~ before any interest attachea or anY PenaltY is incurred: and in so tar ae any th~reof is of record the sams shtll be pmmptly aatisfied and dixharged of record a~ the originel officid document Isuch as, for instanoe, tLe t~ reosipt or the aatiataction p~per offiwlly endorsed or certifiedl sluU be placed in the hands oi s~id Martgaaes wftbin ten days ne:t after payrnent: and in the event that any thereot is not eo paid, satisfied and diseharged. said Morigsgee may at any time pey the eame or any p~rt tbereof witbout weiving or ~Hecting anY o~ptiot~. lien, equity or right under or by virtue ot this mortgage, and the full amount ot esch ~nd every such payment slull be immediatety due •nd p~yabM and ehaD be~r iaterest from the date thereof until paid ~t the nte of ten per o~?Wrn per annum and tog~ether ~rith such interest s}ull be secured by the lien of this mortg~ge. 3. To place and continuously kesp on the buildiags now or 6e~eaftRr sitwte on said land fir~ and windstorm insunnce in the usual standard poliey torm, in a sum ~t less t6an tl~ amount due hereon, in such oom~any or oompaniss ~s raay be sp~xoved by said Mortgagee; ~nd all such insuranoe policies on ~ny oi said buiWings, any interest therein or part thereof, in the aggregate eum afores~id or in e:oess thereof, ehaq oonuin tbs uswl standard aartgagee clause auking the loss uader said policies. each and every. p~Y~bls to s~id Mortgrges as ~ interest may appsar. and e~ch and every such poiicy shall be ~xomptty deliveted to and held by said Mortaa~c - ~nd. not less tban ten day~ in adv~nee of the a~intion of e~ch poticy. W ddiv~r to ~aid lsortp~ • na~wd tbersof. togetber with a reo~pt !or the premium ot sucb renswal: and tbee~s s}~Il bs no s~eh inwiraaos pbad oa any ot s~id buildings. anr interest tMrein ~ p~rt thereof. imMrs ia t6s tona and ~ritb tbs lw~ p~yable u ' Jore~sid: ~nd in tbs ev~nt any ~um oi money beoomes p~y~bk under wc6 polic~? or policies ud s~id Mactga~ ' ; ~ . ; - _ . - _ : • R~eelwed s ~ ~ _In Ps~en~nt Of TroN : r: . , - _ : _ . ' ' gO~K ~vi7 PAGf ow On C~ass ••C•. Inunp~ls P~rsorul hopMry. pwwsM To Cha tr 71 134, = _ ' :t . ~ ~ ; ~ . . p . Aets Ot,ts71. , - , r• . ~ ROtiE11 !`OITRAS ~ ~ =~it Cour6 N. ~++c~? ~ A ~_~w . . . . - . _ . ~ ~ . _ . . s~C' 2~..-_;.._- . . _ . ~°+_T. . . - . . . . . . . _ ' _ ' . . - : K":~'..'~