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Home My WebLink About0174 3 BUILDING "D" 3~5900 I THI3 MOR1'GAGE DF.f.D, a?ade and e:ecuted tAe2.~ d~Y ot _ JdnL1a1'Y lp 78 sy David Brown and Mar~ie H. BrnwnL his wife of 968 Golden Beach Blvd. ' Indian Harbour Beach, FL. 32937 l~ninatte~ ealkd th~ Mortgasor, which teren shall include tM heira, le~l repre~entativs~, ~uoeeswn and aNiam of tM said Mortg~gor wherovs~ tl~e conte:t so rsquires o~ ~dmits, W TURTLB REEF ASSOCIATE3, 1NC.. PO. Ao: 618. Jensen Beach. FL 33t5T Mrelnatte~ caUed' the Mortg~gee. which tenn shaU inelude the successor~ and aasisn~ ot tl~s aaid Mort~aes w!?erever the cante:t so rcquires or admits. WITNES3ETH: That for devcro good and valusbk conaider~tans, aed elso in rnasider~tiQn of ths ~re~te n~ ia the pmmissory note of even ~ate herew~ith hereinafte~ dexribed, the eaid Mottaagor doe~ Mr~by , - . nt, bugaia, ~ell, aliea, rrmi~e, rekase, convey and tontum unto the +aid Matgages. h(s heiro. suu~ocs u~d assiant, aU the tertain piece••.. parcel.... or tr~ct of land, ot wRirh the aaid Mortg~aor is tww ssized u~d posssssed and inattwl pwaession, situate in th~ County nt St. I.ucie and State of F{orid~, deseribed as tdbwc -~q 0.0796 % undivided interest in fee simple absolute as tenant in common j~in t e certa~n real property described in the ~laster Form Deed of Turtle Reef ; =Condominiums 1, recorded in Official~Record Book 263, Page 2002, subject to ~~~divestment as set forth in said Master Form Deed and upon such divestment an ~o '~~nterval ownership consisting of Unit Weeks 29 and 30 in Condominium D-4 , x ~ N A ~'~~onsisting of Apartment Number ~-4 , and its undivided share of the ~ vcomnon elem2nts of Turtle Reef Condominiums 1, as such is described in said 37 ster Form Deed. This is a purchase money mortgage. : ad ~r ' D tA , ~ r'It is further agreed bet~reen the partie~ to thie mortgege that, in addition W the terma ~nd conditiow sst out' 6eroin. it a conveyance ehould be made by the Mortg~gor ot the premisee huein deseribed, or any part the'reof, witAout first oDtaining both the writien conaent of the holdar hereot, wd an assumption of tldr pbUgatioa, in writLig. by the new ptoposed Grantee. then. ~nd in that eve~t. ~t tha option ot the 6oWer I~ereof, without notice, all sams ot money secured hereby shaU. immediately and rnncurrently with sueh oonveyaaos. bsoome due ~nd p~y~bk ~nd said Note and Mortgaqe shall be in det~ult. . TO HAVE AND TO HOLD the aame, together ~vith all and singular the tenementa, he~edita~meate and aR p~uteetanca tde~e~nw bebnging or in •ny~viae ~pp~taining and the nver~wn ~nd reversions. rem~inder and ro mainders, rents. issues and profita the;t~.f ac?d alao all the eetate, right. titk. interest, property, po~ssesioo, claim ~nd dein~nd wls~tsoevet weU in law d- .-;uity of the ~aid MortgaftoT in and to the same and eveey part ud p~rcel thereot unto tbe aaid MortRsRee. ez~d t::s heir~, auccessor~ and a~+~ECns. in fee simpk. And stid Mortgagor. tor him+elt. and hi9 Ae'va. kgd representativea. ~ucce~sors and assigns. liereby tonvrnar?ts with s~id Mortgagee, hie he'v~. leg~l repre~entatives. ~ucceasors and as~iqne, that aaid MoKgaaor is iadefetabty ~aised of said lend in tee ~impk: tAat the said Nortgagor haa tuU power and lswful right to ooavey t6e sams in fes simpie aa ~torenaid: that it ~haU be Isw~ful for said MortRagre. his heiro, kgal representatives, sua~sors and assign~. et aU times peaceably qnietly w enter upon. hold. occupy and enjoy eaid land ~nd every part tl~areof: that s~id land is free trom ell incumbrancer that ~aid Mortgagor, his heirs, legal represet~t~t~ves. suc~swn ~nd - assig~u, will make sueh turther aesurancea to pertcct the tee eimpk title to said W~d in nid Mrotaaaes. Ais bsira, kg~) reprexntative~, suctessor~ and aa~igns. aa may re~sonably be reqaired: ~nd tAat s~id Mortgagot I doee hereby fully w~srrant the titk W said land and every pert thereot snd wnll defend the same ~gainst the i I~wful claim~ ot aU per~on~ whomsoever ~ it ia understood that each o( the word~. "note". "mortgegor" aod "tnortgagee" reepectively and ths pra4ouc~s I referring thereto, whether in the' singular or plural anywhere in this mortgage. ~hall be siagular if one ody and ~ shall be plural jointly ~nd x~eraUy. if rcore than one, snd ahall be masculine. teminine andlor neuter. whe~ever tbe oonte=t so implles or admit~. And said Mortgagor for himxlf ~nd his heir~, kgzl representatives, suoce~ors and ~ssigns, hereby oovenants and ~grees to and with said MortRap~ee.. hia legal representative~, successoro ~nd aasigne: 1. To pay a0 and sinRular the principal snd interest and the v~rioua and sundry sum~ ot money pay~ble by virtue of said promiesorv note, end this mortgat~. each snd evrry, promptly on the day~ respectivdy the same xverally become due. ~ 2_ To p~y aU and singular the tues. sssea~ment~. kvies, liabilities. obliECacions and incumbnnces of eveey nature and Icind no.v on uid dexribed property, andlor th~t hereafter msy be impo~ed. suftered. plaoed. ievied or asses~ed thereupon. end!or that hereafter may be levied or asses~ed upon tAis mortgage andlor the indebtednses secured lu~by, each ~nd every, when due ~nd payable according to law, before they become delitqueut, ~td betore any interest ~ttaches or any penalty ie incurred: and in so tar aa ~ny thereof is ot reeord tbe sams s~ll bs promptly satiefied and dixharged of rocord and the origin~l of6cial document Isach as, tor insNnos. t6e t~ reoeipt or the satisiaction p~per otficially endoreed or certifiedl eh~ll be pLced in the I~ande ot wid Mortga~e~ ~ w{thin ten days ne:t ~fter p~ymeet: end in the evmt that eny thereof is not w paid. sat~sCsd and di~ch~r~sd. ~ said Mortgagee may at any time pay the aame or any part thereot without wafving or ~Hectiug anY a~ptio~n. ~ lien, equity or right under or by virtue of this mortgage. ~nd the full amount of e~ch and every auch p~yment shaU ~ bs immed'utely dne and p~y~ble ~nd shall betr intenat from the date theeeof unW paid at the nte of ten per ~ eeaWrn per annum and together writh such interest ahaU be secured by the lien ot this mortgage. ~ 3. To place and continuously kesp on the buildinga eow or hereafte~ situate oa said land fin and wind~torm - ~ insunnce in tl~e usual standard policy form, in a sum not less than the amount due hereon, in such oompany or camp~nies as may be ~pproved by said Mortg~gee: and all such insursnce polieies on any ot eaid buildings. anr ~ interest t6ereia or part thereoE. in the aggregste ~um atoresaid or in e:ces~ theroot. shall oontain tM uaud ; standard mortg~gee clause making the lose under aaid policies. each aud every. P~Yabk to said Mortga~e~ u 6i~ ~ iaters~t m~y appear. and e~ch uid every such policy s6all be promptly dslivered to ~nd held by stid Matp~ ~ and. not less than ten day~ in advance ot the e:pintion ot eaeh policy. W ddiwr fo said Matp~ • e~a~wv t6~reoi. together with • reosipt for the pcemium of sucl~ roaewd: and the~s shall b~ no wch 6~a~r~s Pra~ ~ on any oi said buildings. wy iatenat therein or part tMroof. unlss~ in t6s fona and wtth tM ba p~yabis u• dofwaid: and in tl~e rv~et my nim oi mooey beoomes paY~ble under asch policy or policis~ ~nd ~ Mo~t~ ` • ' ~ ~ 0 R p~~0 a „ ~Y~nsnt Oi Taxes ~ : ti:. : _ . , ~ so~~2?vv ~f ~7~ ~ c•• i~u~~P«.«ui ? c . T purEUAnf TO ~i ~ - Chapter 34. Acta p~~ 971. ~ _ - ~ c - - ~ ~ ' 1 itOGER POI TRAS ` ~ - _ _ C~s~h ~ircuit C~e c. r~ - - - ~ -3_