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Home My WebLink About0230 / BUILDING "D" 3~59~5 THIS MUR1'GA(3E DEED, made and eaecut,ed the _~.day ot ~anuary 19 ~8 Dennis L. Barnard and Patricia J. Barnard, his wife of 1353 S. Patrick Dr., 1~4, br - Satellite Beach, FL. 32937 MerinattK uUed tM Mort~a~cx, wAich •.erm shaU include the heire, kgal repre~entative~, ~u~s and s~n~ ot t!N ~aid Mwtgag~u wberever the conte:t so requires or ~dmits. to TURTLE REEF A3.SOCiATE3. 1NG.. P.O. F3o: 61A. Jensen Be~ch. FI. 33~ST h~n~ttar caUed~ the Mortg~ee, which term sAaU include the succe~ors and ani~ns ot tM said Mortg~ges wherever the conte:t ao requ'ves or admita. WITNE3SETH: T1ut tor devera Rood and valuabk con~ider~tiona, snd al~o in considentiQn ot the ~egate ~um named ia the promissory note ot even date hereaith hereinatter de~cribed, the eaid Mort~gor dos~ Iwreby ~rant, bargain, seU, aliea, temise, re{e~se. rnnvey •nd confirm unto the +aid Matgaaes. Ris heirs, suoobsoro ~nd a~si~na, aU the c~taia pisce..., p~rcel.... or tract.... oi land, ot whieh tAe said Mortat~ is tww ~sized and poss~sssd ~nd in~ctua! po~sesaion. aituste in lhe Gounty of 3t. Lueie ~nd State ot Fbrida, deseribed as tolbwt p 0.0769 ~ undivided interest in fee simple absolute as tenant in cortmon in t e certa~n real property described in the Master Form Deed of Turtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to o~ divestment as set forth in said Master Form Deed and upon such divestment an interval ownership consisting of Unit Weeks 21 and 22 in Condominium D-7 , ?N Q~ consisting of Apartment Number , and its undivided share of the ~ ~ o cortmon elements of Turtle Reef Condominiums 1, as such is described in said ~~MaSter Form Deed. This is a purchase~money mortgage. N o C : It is fnrther agreed between the partie~ to thia mortRage that, in addition to the terma ~nd conditiotu set ~ '~N oyt. 6erein, it • coaveyance ~hould be made by tAe Mortg~gor of t!?e premises Aerein described, or ~ny qrt 'c tbereoi, without firet obt~ining both the vritten conxnt ot the hold~ hereot, uid an aasumption of tbis `7 - ~ obtiaation. in writing. by tLe new propoxd Gr~ntee. then, and in that event, at the option ot ths holder hsreof, , witha~t notiee. ~11 aums of moaey secured hereby shall, immediately and coneurrently with sneb oonvsyanoe, beoume dus and p~yabk and said Note and Mortgege shalt be in defauit. 'PO HAVE AND TO HOLD the +ame, together w*ith all and aingulsr the teneraents, hereditaments ud ~R purteoanees thereunto bebnging or in ~ny~rix appertaining and the reverean ~ed revexsions, remainder ~ad rs maindas, rsnts, issue~ ~nd profita the~~. ~ and slso all the eetate, right, titk, interest, property, potseesion, e1~im ~nd demand whatsoever ~?ell ia la~r u~ ~z~ ;-.:uity ot the eaid MatgajCor in snd to the sams and every p~rt and p~red tbe~eot unto the aaid MoKgaRee. enu I~:s heire. ~uccessora and ssaigm. in iee simpk. And raid Mottg~gor, for himself. and Ai~ heir~, kg~l representative~, aucce~on and assi~ns, 6ersby oonveoanq with~ s~id Mortgagee, hia heir~. legd repreaentatives. ~uccessors and assigne, that said Mortg~gor is indete~sibiy ssised of said land in [ee ~impk; that the said Nortgegor ha~ tull power snd law~tu! rig1~t W oouvey tbe sta~s ia Eee simple ae atoresaid: th~t it shaU be lawful toc eaid Mo~-tR~~e, his heirs. legd repnsentative~, sneeessors aad assigru, at dl times puceably snd quietly to enter upon. hold, octupy and enjoy ~id land and every p~rt t6eroof: tlut s~id land ia free irom all incumbrsnces: thet ~aid Mortgagor, lw heire. legal representative~, suoeeaaoes aod - assigeu, w~7! malce euch turther sssurancea to perfect the fee eunpk titk w aaid land ia Mid Mrot~aee. his heirs. legal teprexntative~. ~ucce+aor~ ar.d a~~iRn~. aa may reasonably be required: and that said Mo~t;aaot ~ does Aereby fully warrant the titk to ~aid lend end . every p~rt thereof and w~71 defend the saa~e against tbe I lawrful claims ot all person~ w+homsoever. ~ It ia understood that each of the worde. "note". "mortgagor" and "mortgagee" respectivdy and tbe pro~aans I referring thereto, w~hether in the sinRular or plursl enywhere in thia mortgage. ~hall be aingular if oae only and ~hall be plural jointly and severapy. if more th~n one, and shall be m~sculine, teminine andlor nwter, wi~erevet the oonte=t so impGes or admita. . And aid Mortgagor for himxlf and hie heirs, leg~l representatives, euctessors and ~srign~. hereby oovenants ~nd agrees W~nd aith said MortgaRee. hi~ legal reprexntatives. auccessoro ud aesigns: l. To pay aU and ~inRuler the principal and interest and the various and ~undry auma of money peyabie by ~ virtue of said promissory note. •nd this mortgage, each and every. Promptly on the days respectivdy the sams severdly become due. To pay all and ~ingular the tues, asseasmente, kvies, liabilities, obliqationa and i~umbrancee ot every naWre and kind now on ~aid dexribed property, andlor that here~fter may be impoeed, sutteced, pl~ced. {svisd or aasessed thereupon, and'or that hereaftsr may be levied or a~seeeed upun this mortgage andlor t6e indebtednea secnred hereby. each and every, when due ~nd payable according to l~w, betore tbey beeome delinque~t, ud betore ~ny interent attache~ or any penalty is incurred: snd in eo f~r as any ther~of is of record tbe sam~ ~h~ll bs promptly satisfied •nd diecharged of record and the original of6cial document lsuch ae, for In~et~nos. tbe t~ r~aipt or the eatietaction paper officially endorxd or certifiedl ahall be plaoed in the lunds ot wid Martg~~ witbin ten days ne:t after peya~ent: and in the event th~t any thereot is not so paid, atisfied and diic~rsed, Nid Mortgagee may at any time p~y the aame or eny psrt thereot without waiving or affeetiug any optbn. lien, equity or right ~nder or by virtue of this mortgage. ~od the tull ~mount of e~ch ~nd every sucb p~ymsnt shdl bs immediately due ~nd pay~bk and ahall bear int~erest from the date thereo! unt~1 paid ~t the nte of ten per oeaturu p~ anaum and together with anch interest shall be secured by t6e lien ot this mortgage. - 3. To pl~cs ~nd continuouely Iceep oo t6e baildinga no~r or here~fter situ~te on said land firo and wind~torm insur~nee in the usu~l etandard policy forra, in s sum aot less thaa the amount due hereon, in such oompany or oompanies es may be approved by said Mortgagee: and all such ineurana poticies on any of said Mu7din~. any intereat thenia or part thereof, in the ~ggregate sam ~foresaid or in ea[osss thereof, shall ountaia the uw! standard mortgaaee clause m~king the bs~ under ~aid policies. eacb and every. p~Yabk w said Matg~ges ~s hb interert may appear. and e~eh ~nd every such polity sha11 bs promptly dslivaeed to and beW by ~aid Mott~a~c and. not less t6an ten d~ys in advance of the espir~tion ot e~ch policy. W ddiv~r to s~id Mott~a~ ~ ~a~w~l tb~eot. together wit6 a receipt for the premium of euch ree~ewd: ~nd thers s6~11 bs no sneb iaamno~ p1~ed ao any ot iaid buildings. any interest therein or p~rt thereof. unls~~ ia th~ totm ~nd with tM loa p~yabls u Jo~ad: .nd in ch. eveac any .um of money beoomes p.yabk uader wch poBcy or policia e,d .aid IKat~i - -r • - " - ; ~ L . ' - • , Aece'rved 8 ~In Peymsnt Of Taxos ,._i i r-i . • ~ . . s . ' - . ; ` : ~ , ` ' , _ % ~ BOOK PAGE o~~P on c~ess ~ntenoias wrsonal Propern?. : r: 1't 1 S•~.~.. ~u~~s~i~n? To Chepter 71. ~~r ~~87~. - . ~~.i~~ - = 3 - - AOGER POI~RAS °'S C~e~? ~ucuit Court, St. luCia, C~ s!~ . - . , ~ - - - - - - ~ . _ ~ -