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Home My WebLink About0182 QUILDING ~~o~~ 395905 ~ ~ ~ THI3 MORTGAGE UEF.D, n?.a~ .na ~:~~c~a cn~ _l~ d.y ot _ Februar~ ,~g by Vinton Edward Jones II and__Ga~rle G. JonesLhis ~fe of 1815 Uaton St., Waterloo, Iowa - 50701 A~inafter uUed th~ Mortgagor, ahich term sh~ll include the heira, kgd ropresentativss, sucas~on aad aMisa~ ot tM wid Mortgagor wherover tAe conte:t so requirea or admits. co TURTLE REEF A3.SOCIATES, IPIC.. PO. Ro: 618, Jensen 8e~ch. FI. 31~ST hereinatter called' tbe Mortgagee. .vhich term ~hell~ include the aucceasors ~nd ~ssigns ot tM said Mortg~gee' wherever the conte:t ao require~ or admita. WITNESSETH: That tor deverv ~id end valuable considentiona. and al+o in conaideratiqn ot the ~garegate n~m naraed io the p~omissoey nete of e~~en date herew+ith hercinafter drrcrihed, the aaid Mortg~gor doss l~ereby graat, b~rg~in, aeU, aGen, remise. rekax, convey ~nd confirm unto the seid Mwtg~ses. 6is Aeirs, auooswor~ tad , . ~s, all the ce:taia piece.... parcel.... or trs~[ of land, of ~rRich the aaid Mortgagor is eww ssized ~nd possssssd ~nd ia~etu~l posx~sion. a;tuste in thr Coanty ot St. Lucie end Stat~ of Fbrid~, described as toUowt ' ' ~0.0384 > A % undivided interest in fee simple absolute as tenant in comnon ; o' t e certain real property described in the Master Form Deed of Turtle Reef ~ ndnminiums 1, recorded in Official Record Book 263, Page 2002, subject to ;'vestment as set forth in said Master Form Deed and upon such divestment an ~ ~ o~ terval ownership consisting of Unit Weeks 46 in Condominium D-11 ~ ~ ~ ~ ~ ~°C o~ns~tisting of Apartment Number D-11 , and its undivided share of the ~r~c~mrron elements of Turtl e Reef Condomi ni ums 1, as such i s described i n sai d ) SI$ster Form Deed. This is a purchase money mortgage. ~ ~N : D r It ia turther agreed between . the parties to thia moKRege tliat. in addition W the terms and condjtions set out '1~erein, if ~ rnnveyance ahould be made by the blortgagor of the premire~ henin dexribed. or ~ny p~rt thes~ot, without first obtaininq both the written conaent of the holdar hereof, and an a~sumptioa of tlsis obli~ation, in writing. ~y the new proposed Grantee, then. and in thst eveni, at the option ot the 6older hereof, . , j - witront notice. dl aumr ot money ~ecured hereby ~hoU, immediately snd concurrently writh auch conveyance, beooms ' _ dns ~nd p~y~bk and eaid Note ~nd MortRege ~haU be in detauit_ ~ . ~ TU HAVE AND TO HOI.D the aame. togetRer R~th aU and ~ingular the tenements, hereditameata and aR • purtenanees tbeteueto bebnging or in sn>-wose •ppertaininA and the rever.:on and nwer~ione, romait~der ~nd rs ~ maind~ts, ronts. isaues tnd profit~ th+:~ `~nd niso s0 the esute, right. titk. interest, property, possession, eWm ~ad . - dea~and ~rhatsoever as well in law~ L i.' ' SILy of thr said MatgaFCor in and to the s~me and every p~rt ud p~rcel thereo/ unto tht ~aid MortReRee, e~~~ heir~. ~utce~~or~ and a9.i;as: in fee eimpk. . - And said Mortg~gor, for him~elf, end ~us hpir.. legal representative~. .ucce~wr~ and as~igns. heeeby oonveeant~ . F,r with s~id Mortgagee. Aia heir~, le}cal reprrxntative~, ~ucccs~ora and e~~i~~, that eaid MoKgagor is indefe~sibly Y• ` ieised of said land in fee +imple: thac :he ~aid ldortgegor hn~ (u0 power and la~rful rigbt W rnnvey the aune in fee ~ - simple ~s •toresaid: that it ~haU be lea-ful for aaid Mongeqee. hia Meira. tegal reprceentatives, auecessors and aseignt. 1 , ~t ~ll times peace~bly and quietly to entcr upon, hoid, occupy and enjoy sRid land aad every part theceof: tlut s~id land is free from all incumbrances: that said ~iortRagor, hia heira, kgal represent~tives, suaessas ~nd - aseign~, w~ill make ~uch further as9urarue~ to pertect the fee simpk titk to aaid l~ud in eaid Mrotg~aee. t' - his heirs. kg~l teprexntativea. aucces~or~ ar.d n~eiRns. s~ may reasonably be required: and that said Martgagor c.s does hereby fu11y ~verrant the title to uid land and every p~rt thereof and ~rill defend the same ~gainst t6e I lawfu~ claima o( al! per~na w~hom~oever ~ ( ~ it is under~tood that each of the words. "note". "mortgagor" end "mortRagee" reepectively ~nd the prooouns referrinq thereto. wfiether ~n the S:aQular or plural anywhere in thi~ rrwrtgaqe, ~hall be aingulu if one onty and shall be plur~l jointl~ and ~ecerall~, ~f mc~re than one. and ~hell be m~aculine. feminine andlor neuter. wt~ereva the conte:t so impliea.or admite. And wid Mort~tagor tor him+elf ~nd hi~ hev~. kqal repreeentativee. succeasoro and ~asigne. hereby rnvenants and ~grees to •nd rith ~aid Mor.RaRee. t~is legal representetive~. ~uccesaors ~nd asei~s: 1. To pay all and ~inRuler thc prencipal end interc~t end the variou~ and ~ndry ~um~ o/ money psyable by - virtue ot uid p~omi+sory note. and thi~ mu~tgaQe. each, and every, promptly on the daye respectively the eame xvetally become due. 2. To p~y all and ~ingular the ts:c~, aexs~ment~, leviee, liabilities, obligations and in4umbnnces oi every natun ~rtd kind noa un ~aid deurit,ed praperty. sndior tlut hereafter may be imposed. snftered, placed. levied or ~esessed thereupon. and or that ioereafter may he levied or ~see~xd upon this mortgage end/or tAe indebtedness secured htnby, each and every. when due and psynble ~ccording to Iew, betore they become delinqn~nt, ~nd before ~ay intereat •ttaches or any penalty is incuned: end in ~o far ae eny thereof is ot record t6e sams sh~ll bs promptly satisfied and dixharqed o~ record and the original oftxul document Iruch as, for instanos. tbs tas reoe~pt or the sati~faction paper o(ficially endor+ed or certiCedl eMll be placed in the hands ot wld Moet,g~~ ~ wit6in ten days ne:t stter payment: end in the event that ~ny theraof is not so p~id. satisfied aad disel~tgsd. ~ s~id Mortgagee mey at eny time pay the eame or any part thereot without waiving or affecting any option. lien, equity or right under or by virtue ot this mortgage. end the full amount ot each and every such p~yment shaD be immediately due ~nd psyabk ~nd ahatl bear intereat from the date thereof until paid at t6e nte of t~ea per c~turn per •nnum and together writh ~uch interest shall be aecored by the lien of this mortg~ge. 3. To place and continuoualy keep on the buildings now~ or he~fter situate on said land fin and windatorm insuranee in t!u usual standard policy form, in a sum not le~s than the amount due hereoa. in eueh company ' or,~omp~nies as may be epproved by said MortqaRee: and all auch insuranoe policies on any ot said buildinss. any interest thereia or part thereot, in the aggregate ~um aforea~id or in e:oes~ thereot. ~hall oontain the uwal rtandud mortgagee dause rnaking the lo~r under ~aid polieies, uch and every, p~yabk to said Mort6~8'ee +s 1~ intare~t may appear. and each arsd evrry wch poticy shdf be promptly delivered to ~nd beld by ~aid Maet;a~c and, not kss than ten d~ys in advance ot che ezp'v~tion oi e~ch policy. to dalivK W said Mart~~ • trerwd ti~eof, together with a receipt for the premium of auch rene+?a1: ~nd there shdl be no sueh ~auanos PVod on any ot said buildings. ~ny interest tMrein or paK thereot. unlera in tbs torm and w3th tM loa p~yabls u doreraid: ~nd in the eveet ~ny sum of mon~y becomes p~Y~bie under such policp or policies and add Mart~ ae~.w.d a ~ ` ~ Peyrnsnt Ot Toca ~ue On Class '•C•• ~nta lbl~ ~h gQ(,p( ~ 1~ ot?rsu~nt to Ch ~ ~ apter 71. 134. Acts Of~i07t. ~ ' " AOOER POiTR14S ~ _ CN!M :IrCUit_ = ` . . _ , . . . •