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HomeMy WebLinkAbout0166 r / BUILDING "D" ~J~JS9J~' l ~ THIS MORTGAGE DF.F.D, made ~nd esecuted t1~e _3rdd~y ot February , 19 78 by Alan R. Seymour and 6arbara_M. Seymour, his wife of 5351 S.W. 76th St., - Miami, F1. 33143 MninaftK c~Usd th~ Mort~, which I,erm ehaU incluck the heirs, k~l represe~tatives, succe~oors ~nd a~dsn~ ot LM ~aid Mortg~gor ~rherevee tDe conte:t so requ'vea or ~dmits. to TURTLE REEF A3.SOCI11TE3, INC.. PO. Flo: 618, Jenxn Be~ch. Fl. 3345? Aw~inatter ealled the Mortg~gee. ~rhich term ahaA include the aucc~esson and a~signs ot tl~e said Mortg~gse wherever the conte:t ao require~ w~dmita. W[TNESSETH: That tor d~ver~ Rood and velusbk considerations, snd alao in conaidentiqa ot tM aggre~te rum oatned in the promiasory note oi even date here~vith hereinaft~er dexribed, the said Mortg~gor does Aeroby gr~nt, batgain, seU, aiiea, remix. reka~e, convey and contvm unto the wd Mortgagee, his heirs, sutoesson and aNisas, all the certain piece..., parcel.... or tract of land, ot which the s~id MoKga~x is now ~sised ~nd po~ses~ed and inactu~l pas+ession. aituste in the County of St. Lucie and State ot Florida, deseribed ~s toUows: . :t Af % undivided interest in fee simple absolute as tenant in common - i t e cer ain real property described in the Master Form Deed of Turtle Reef Cbndominiums 1, recorded in Official Record Book 263, Page 2002, subject to ~ c~davestment as set forth in said Master Form Deed and upon such divestment an y~~ i pterval ownershi p cons i s ti ng, of Uni t Weeks 22 and 23 i n Condomi ni um D-16 , M ,~c~~consistin9 of Apartment Number p_, 6 , and its undivided share of the ~`ocortmon elements of Turtle Reef Condominiums 1, as such is described in said ; U~M~ster Form Deed. This is a purchase rrroney mortgage. ; - _ ~4~ ; it is turther agreed between the partiea to thia mongage that, in addition to the term~ ~nd conditions iet oW. 6erein, it a conveyence ehould be made by the Mortgagor of the ~remi~ee hetein described, or any p~rt tseeeot, wit6out first obt~ining botA the .vritten consent ot the holda hereof, and an assumptioa ot thie oD~l~~tion, in writing, by tbe newr proposed Grantee, then, and in that event, at the optan ot tAs boldsr I~eeeof, wr~thout notice, tU ~uec~ ot money ~red hereby sh~ll, immed'uteiy and rnncurrently writh auch eoavey~noe, beooms dne ~nd p~yabk and said Note and MortgaRe ~hall Se in defeult. ~ 't'O HAVE AND TO HOLD the ume, t,ogether w*ith sU and eingular the tenements, hereditaments ud ap 3~ purtAnance~ thereunto bebnging or in ~ny-~vix •ppertaining and the rever+~en and reversioes, remainder ~nd rs mainders, rents, ies~es and profita ther~- j end also sll the estate, right. title, interest, property, posseasion, claim and demand whatsoever as well ia la~r 6~ ::~ity of tAe said Mortqa~tnr in and to tbe aatn~ and every part and parcel thereot unto the said Mortgeqee, anu 3..s heir~. ~uccessoro and assi~n,, in tee simpk. And said Mortgagor. for himxlf. and lu~ heir~. legal repreeentativea. ~ucce~~oro ~nd assigns. bereby oonvan~nts with s~id Mottgagee, hie he'v~, {egal npreaentatives. ~ucce~sors and a~aigna, that said Mortgagor is indefe~aiblp ~eized of said land in tee simple: that the ssid Mortgagor A~s tull power and lawrful right to coavey the iatne in tes rimple aa atoresaid: that it ~hsU be ta.vful tor said Mortgaqee, hie heirs, kgal represencatives, eucoeaaors and usign~. ! _ at all tiafes pe~ceably and quietly to eater upon, hold, occopy and enjoy aaid land ~nd every part tl~ereof: that said land is free trom aU incumbrancea: that eaid Mortg~gc?r, his heira, legd repreeentative~, suce~eson ~nd I assigns, will make • wch further assura~ to per(ect the tee simpk titk to said land in said Mrotgagee, f 6ie Mirs. kgal representative~. successore •nd aseign~. as may reasonably be required: ind tRat said Mort~ago~ doea hereby fuUy ~nrrant the title to ~aid iend and every part thereof end will defend the same against the lawiul claims of ali per~ons whomsoever . It ia understood that each ot the words. "note". "mortgagor" snd "mortg~gae" respectively ~nd ths pra~ouns referring thereto, whether in the ~inRular or plurel anywhere in thi~ mo~rttgage, ~hall be aingular if one only and i shall be plurel jointly and x~•erelly, if more than one. ~nd shaU be maxuline, teminine ~ndlor neuter, wherevar the context so implie~ or admita. , A~ said Mortg~gor for himxlf and his heirs, leqal repreeentstives, succeseore aad aeaigne, hereby oovenaats ud agren to and with ~aid MortRaqee. hi9 legal reprexntatives, ~cces~ors and aaeigns: 1. To pay all •nd ~inRuler the principel and interest end the variws and ~undry aurtu ot money psy~bk by virtue of said promia~ory note. and thia mortgaRe. each and every, promptly on the daya reepectivdy the e~me xverally become due. 2. To psy all end singular the tues, asseaa~nenta. Teviea, liabilities. obliqatione and incumbr~nces ot every nature and Icind now~ on uid dexribed property, end~or that hereafter may be imposed, auffeced, plaoed. isvied or assessed thereupon, and~or that hereafter may be levied or aesesxd upon thie mortgage and/or the indebtedness secured 6ereby, each and every, when due and paysble according to I~w, before they become deW~queat, and before any inte~est ~ttachea or any penalty is incvrred: ~nd in ~o far as eny thereot is of reeord tbs sams s6~ll bs promptly satisC~ed and diecharged of record and the original . Official document Isueh as, for inst~noe, tbe f~s recaipt or t6e satiefection p~per officially endor~ed or certifiedl ehall be placed in the handa ot ~aid Mortg~ges within ten daye ne:t eft,er p~yment: and in the eveat that any thereof is not so paid, satiefied ~nd di~e6~r~d. ~ said Mortgagee may ¦t any time pay the same or any part thereof without waiving or aftecting my option. i lien, equity or rigAt under or by virtue of thia mortgage. and the tuU amaint ot e~ch and every such paymeat shaU ~ bs immediately due ~nd p~y~bk and ~hall be~r interest from the date theceof until paid at the nte ot ten per ~ ~ oeawrn per annum and together w~ith such interest ahall be eecured by the lien of this mortgaae_ ~ 3. To place ~nd contin~sly Iceep on the buildings now or here~ftu sitwte on said land fire and wind~torm inswmce in the usual stendard policy fona, in • sum eot ksa than the amaint due hereoa, in such oompany ~ or ~mpanies ~s m~y be epproved by said Mortgagee: and all sueh insurance poGaes on any of said bui7dinas. ~ny ~ interest therein or part thereot, in the sggregate eum •toresaid or in e~cea~ thereof, shaD oontain th~ uw~l ~tandard mortgasee cl~use making the losr under said policies, uch aed every, payabk to eaid Mortgages ss hi~ ~ iaterett m~y appear. and e~ch and every sue6 poliey shall be proarpdy dalivsred W and beW by wd Meet;a~ ~ ~nd. not less than ten day~ in advance of che e:piration ot e~eh policy. to d~eliv~r to ~aid Matss~ ~ na~wd ther~eot. together with a receipt tor the premiuen o! sueh renewal: aod ths~e sAall bs po sneh inwr~na pi~e~~d ~ on ~n~ ot said buildings. ~ny iwunst tlbre;n or part thereoi. uols~ iu t6s torm aod wit6 tM ioa p~yabls a~ ~ dore~aid: and in tb~ event ~nr ~um ot mwiey beoomes payabk under euch polic~ or policiss ~i~id Matp~w ~ ~ . ~ ~ _ ~ - : ~ , ' , i Rec.tv.e ~ ' in ?~K a Tatcas . ~ . - -Y - - - . ` g0ac~~J PJ4SE ous on ci~;s ..r. ~m.np~l.Prrson~Ihqwt~? ~ . ° ~'u?suaM To Chapter 71. 134. AOl~ QI 1. ~ - . . - > . _ ` ~ ~ . I Q. 3.,. ROGER POITF~B ~ , ~ ' ~ - . - - - - _ . Ch~t~ Cirwit Court. St. l.uci~. Co.. _ ~ . . : . , . . .