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Home My WebLink About0206 BUILDING "D" ~~5~~0 ~3 / f TH[3 MORT(iAGE DEF.O. aude ~nd e:ecuced the 4th ~y ot Februarv , 19 ~ ~ by_MICNA6L LAJINRSS /WD MARY LIJINESS, HIS NIIrE, OF 1936 INDIANA S?., RALAMAL00, MICHIC~Al1 69001 hereindt~r u11ed tM Mort~aot. whicb tern~ ~ha!! iaclude tb~ heirs, kgal repre~entativs~. suco~swrs aad wig~s ot tbe said Mortgag~or wherever the eonte:t so eequires or admits. to TURTLB REEF AS.40C1ATE3, INC.. P.O. Ao: 818, Jenxn He~cA. FI. 33a57 . hereinafter edMd the Mo~tga~re, ~rhich term ahali include the auece~aon ~nd assigni oi t4e ~aid Mort(~aee wAerever ths eonte:t so rnquires or ~dmite. WITNESSETH: T1?at to~ dever~ Rood and vduable consideratioas, and ~4+o in oonsidentan of the ~ggreg~te sum named in the promissory note of even dace Aerewrith Mminafter described, the eaid Mort~go~ doe.~ hereby grant, b~rgain, seU, dieu, remix, rekase, convey snd confirm unto the ~id Matgages, hie heira, suecessors and sssigns. ~11 the eertain piece.... parcei.... or tnct.... ot land. ot which tl~ eaid Morigagor ie now seir,ed and pos.+essed and inactual posxssion. aituate in the Cewnty ef St. Lutie and State ot Florida, descri~ed as tolbw~ A 0.0386 ~ undivided interest in fee simple absolute as tenant in co~m~on in t e certain real property described in the Master Form Deed of Turtle Reef e .:,,;r~._Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to d~vestment as set forth in said Master Form Deed and upon such divestment an l~iterval ownership consisting of Unit Weeks i6 in Condominium D~7~ , ~~onsisting of Apartment Number p.~ , and its undivided share of the ~J~~ a ~omnon elements of Turtle Reef Condominiums 1, as such is described in said t~aster Form Ueed. This is a purchase money mortgage. L~ ~ p~ 7 ;Dm ~ It is further agreed between the parties to thia mortg~ge that. in addition to the terma and tonditions set y• ~ herein, if a conveyance should be made by the Mortgagor of the premixs herein desrribed, or any part ~ ~ t~ereoL without t~rat obtaining both the written conxnt of the lwMer hereof, and an aseumption of tltia A~$ o6~ig~tion, in writing, by the new propoxd Grantee, then, and in that eva~t, at the optan ot the ho{der l~eeeof. • d w~.ho~t notice. all suma ot money secured hereby ahaU, immediately and ooncurrentiy with ench eanvey~nce. beeome - m dqe end p~yabb and said Note and Mortgage sliall be ia def~uft. • - a W ~ TO HAVE AND TO HOLD the same, together with all and singular the tenemeata, hereditaments and aR ' ' p~uteaaates thereunto bdonging or in anywix ~ppertaining ~nd t6e rever~wn and reversions, remainder ud rs ~ m~indera. rents. issues aad pro6te thereof and aL~o t0 tbe eaute. right. titk. intereat. P~~~Y. P~p. cWm and ' ~ T~ _ d~mand whatsoever ~s well in lawr as in equity of the said Mortgagor in and to the aame and every p~rt. and --parcel thereof unto t6e aaid Mortgagee. and hi~ hein. ~txcessors ~nd assiRn~, in fee aimple. Aad aaid Mortgagor, for 6imself, end his heiro, kgal repressntatives, wccessors and assigas, hereby oawenante with said Mortg~gee. 6is heirs. Iegal re~e~entativea. aueeessors and aa~igns. th~t said Mortgagor ie indefe~sibly xized ot said land in fee simpk: that the aaid Mortgagor !us fnll power and lawful right W rnnvay the satne iu fee • sunpk aa aforesaid: th~t it ~hall be lawful for ~aid Mortgagee. his heira, legsl representatives. sueceseors ~nd aseigns. at all times peaceably aad quietly _to eater upoa. 6old. oetvpy aad enjoy aaid land ~nd ev~ry p~rt thereof: that said land ia free from a11 incumbnncb: that uid Mortgagrx, tis heirs, kga! ~epresentatives, eucoessors ~nd assigus. wiU mdce such turther assurances w pertect the fee simpie titk to said I~nd in said Mrotg~gee. his heirs. Ie8a1 reprexntatives. successors and assiqns. ae may ~sonably be required: aad that said Mortg~gor does Aereby tully warraat the titk to. said land ~nd evrry part theceof and wiU detend the same against the i lawtul daime ot ~11 persona whomsoever_ ! It u underatood that e~ch of the wrord., ..note.. ..mortg~gur" snd "mortgagee" r~pectively and t6e prooouns reterring thereto, wAether in the ~ingular or plural anywherc in this mortqage. ~1ttU be singular i[ one only and • shall be plard jointly ~nd xverally. it ~nore th~n one. and a6aU be masruline. feminine aadlor ne~ter. wt~rever the oontezt so implie~ or ~dmita. ~ _ s And s~id Mortgagor for himxlt and his heirs. kgal represent~tives. ~ors ud aseigna. hereby covenants aed 4 agrees to and writh said Mortga~e. his legal representative~. succesaora aud assigns: ~ ~ 1. To pay d) tnd ~ingular the principal and interest and the varioua and sundry auma of money psyabk by . ~ virtue of said promissory note. ~and this mortq~ge. ~ch and every, promptly on the daya reepectively the same ~ xverally become due. ~ 2_ To pay all •nd singutar the tues. ~sse~smente. kvies, liabilitiee, obligationa and incumbnnces of every ~ nature ~nd kind now on said de~cn'bed property. andJor that 6ere~fter enay be imposed. s~ffered. pl~ced. levied ~ or aesessed t6ereupon. andtor that he:eaftet may be kvied or a~seased upm tlus mortgage ~nd/or th4 indeebtedness a secured h~reby. ~ch and every. when due and p~ysbk according W law, before tbey become delinquent, and ; before any iatereat ~ttacl~es or ~ny penalty ie ineurred: end in so fu aa eny thaeot is of record the sams shaU be ~ promptly satisfied aad dixfwged of reoard and the original otficial don~ment Isuch as, for instanos, t6e taz n rscaiPt or the aatis(action psper oHicially endorxd or certiCiedl eMll be pl~oed in the hande of s~id Mortgag~ee ~ wittin tan days ne:t a[tet p~yment: aad in t6e event that ~ay thereof ie not so paid. eaWfied and disc6argsd. ~ eaid Mortgagee m~y at ~ny tirne pay the same or any part thereut withwt waiving or aHecting any aQtion. lien, equity or right und~r or b~ ~virtue oi this mortgage. ~ad the inll ~ma~nt of e~ch and every such p~yment a1~aD be immediately due and p~yabk and ehall bear int~enst from the date thereof until paid ~t the nte oi t~n pa ~ oeaturn per annnm and toaet6er with such interest ahaU be secured by the lien of this mortgage. S 3. To pl~ce md continuausiy keep on the Mv7dinas now or Aereafter sitwte on said land fire end wiudstorm ? insnranee in the usual atandard policy form, in a sum not less then the amount due hereon. in such oompanY or oomp~nies ss may be approved by nid Mortgage« and all snch insunnoe policies on any ot aaid bu~dings. any ` interest t6erein or p~rt thereot. in the sggregate sum ~foresaid or in e:cess thereot. shaU contain the uwl ~ standatd nwrtgagse tltuse m~king tbe lo~ under said policies. e~cb and svery. p~yabk to said Mortgages as hir _ y ppe.r. evay such poL'cy shall bs pr+ompely ddivered w and held by .aid Morsgas..c . ~ inte~e~t m~ a and e~c6 ~nd ~ and. not kss thaa ten day~ in advaaee of clie ezpir~tion of e~cA policy. to ddiwr to ~aid Ma~tgye~ • na~wd ; therwt. toBetha witb a rooeipt tor the . pr+emium ot sueh eeae~?al: ~nd there ahail bs no snes inwranee pl~od ~ on anr of sajd b~ildinss. ~ny interest tl~ein or part thereof. unM~s io tb~ fotm and wit6 tbs ba p~y~bis u ' ~ Jore~aid: and in tiw ewnc [n~ sum ot mooey beeoases p~rabk under wuh policy or potie~ ~nd ~aid Mnrtga~ . ; . ; ; _ - Recetwd • ~ In Psymsnt Of T~oM . : . , Oue On Class "C•• IntanpiblsPK~onalPropNly. " - ~ ~ ~ , , ~ • ~ $r~r~~ 2~ ~ °u~suam to Chaptsr 71, 134. Acb 1~71. ~ . . . ~ ~ 4. 5 0 . Roc~~ Panu?s Cb•k Clreuit COUrt, S~ t.t+~jl~. CO., Fi~: .a3-~„ , , . : - - - - - _ _ - ~ : : . .