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Home My WebLink About0238 ~ BUILDING "D" ~~5~4~ J ~3 / , THI9 MORTGr1GE pEF.D, madr and ~:ecuted the 8thdey ot ._____Feb1"Ua~^ , 19 78 by Wi 11 i am Hi_cks an~1__Ell.i_ ~l, _ KtC.I~,. ht~_~ifg _Qf__ _ 4562 _ BQugai nvi 11 a Dr . Lauderdal e By The Sea, FL. 33308 heninatter t~Ued ths Mortgyto~. ~rhicA term ehdl include the heir~. kpnl reptesentatives. suce~sw~~ and u~igtu of tAe wid Mortg~gor w~herever tt~e conte:t eo requirea or admit+, W TURTLE REEF AS.S(~IATES, INC. P1~ Rox 61R. Jenwn Seach. FI. 33457 1~refnaftet ealled the MortRagee, .vh;ch term ~AsU include the ~uccessora •nd tasigns e( tRe uid Mort~gee+ wherever the conte:t ~n reqwre~ or edmit.. 1NITNESSETH: Th~t for dever+ ~~x1 en~1 veluablc con~ideretioh+. end a~yo in eoe~identiQn of the aggre~te sum named in the ptomis~y note at evrn date ~erew~th hereinatter .1cw,-ribed, tl~e aaid Morlgagor does lx~eby arant, barg~in, xll, alien, rcmix, reiesae, com•ev snd confirm unto t ee ,a.d \tortg~gee, hi~ heirs, ~ucce~sors and aaaigne, ~11 the certaiw piere..., parcel. . or tract of land, of wh?ch the said Mortgagor is now seirred and ~ possssaed and in~ttusl po~.ea~ion. ~~tuste in th~~ ('ounty ni St I,L`C1P and Stste of Fbrid~, deecribed ~a toUows: _ p- 0.0769 a undivided interest in fee simple absol~te as tenant in common in t e certain reaT property described in the ~!aster Form Deed of Turtle Reef Condominiums 1, recarded in Officiai Record Sook 263, Page 2002, subject to n~ diVestmer~t as set forth in said Master Form Deed and upon such divestment an ~~terval ownership consisting of Unit Weeks 19 and 20 in Condor!tinium D-2 ~ - - ~ ~~nsisting of Apartment Nu~nber• D-2 , and its undivided share of the a$ Qc,Qmmon elements of Turtle Reef C'on~±oniniums 1, as sJCh is described in said Q'~ '$t~ster Form Deed. This is a purchase money mortgage. ~ o I - Q~ ' i~ ~ It ie further ~greed betw+een the gartiP9 to :hi~ mor*.RaRe that. in a3c!ition to the terme and conditiotta set 0 t f~etein, i( a tonveyance yhcru~~ he rrta~fe by the MottRagor of ~}x~ premisee be~ein destribed, or any p~rt ~ c ~ ~ ~w t. without firat obtaiainR tx~th the written con~ent of the hoIda hereof, and sn a~sumption of t}tis U ~ obligation, in writing, by the ne~? proposed Grantee, then, end in thnt event. at the option of the holder 1~Of, ~writhout notice, all ~um~ of money secured Fereby eheJ, immeciistet}• and conrurrently with ~och rnnveyance, betome due aod p~yabk end aaid Note and ylon~sRe +hall be in (~PfNUI[. • TO HAVE AND '1'n NOI.D the ~nrrme, tugether wt:h all end ~!nj,-ular the tenements, hereditameets and aP " purtenancea thereunto betonginq or ir ans wiep ~ppertaininR and tRF reve•~:on aad rnversiona, remaiadet atd rs mainders. rents, issues ~nd profite th~: ' jr.d also a13 the e~tate. right, title, intemsi. propert.y, poaeeasaa, claim ud - ' demand whatsoever •e ~rell in taw L :~ty ot the sa~d MartRayn~~ i-. and te the same and every p~rt and ~ theteot unto the ~aid Hor. a ec•, W~ K R - heir+. successors and n~a:~.-.-~ ;n fc~e simple. ~ And ssid MortRagor, for hitnsrif. ~seti hi< hPirs, ieRa) repreeentat~~ +ucte~wr~ and aaaign~, hereby Wnvet~nts with said MortgaRee, Ai~ heire, leKel rc•pre~rntative~, +uccesaors and astiRns, that said Nottgagor ia indeteasibly ~ seised ot said land in tee ~impte: that :he ~a:d *vfortgaRor ~as full powrer nnd law~fiil right to convey t6e ame ia fee t: ~ simple e3 afareeaid: that it ~he0 be iavrful for sncd NnrtRaRtr. his ne'va. le~a! reor~eentatives, auccessora and as~iges, at all times peaceably and quietiy t:, enter u~n. hold. cxcupy and enjoy said land and every p~tt thereof; tlut said land ia tree irom sll encu,ebronces: thet `aed ~tortgsgor, hie heirs. legal reprceentatives, succeasors and `.j;'; r assig~u, will make euch further a~surance+ co perfect the tee aimpk tit{e W eaid lind in eaid Mrutgagiee, hie Aeirs, kgal reprraerttativp., ~uccesac:,+ ard asdiRn., s~ may teaaonsbly be reqoired: and that stid Mortgsgot does hereby fuUy ~vartant the title io said land and ecery part thert.of and w~ill defend the s~me against the law~ul dsims of ail persone Khomsoe~~er , It i~ underot.aod thet each ot the xordv "note". ~ne-!gsgor" and "moriQaqee" reepectivdy and the pro~wum referring thereto. whether in thr e~nK~ler or plural envwhere in thia mortRage. ehatl be singular if one only and - ahall be plurel jointly and se~esatl~r. more than one, end shall be rtu~cuiine, feminine endlor neuter, wherever ° j the cantezt ao impaet ar admits And enid MortReqor [or him+elt ard hi. hev~, tegat repre,sentativee, ~uccessore and aaeign~. Aereby covenante aod ~ agreee W and with said !lortReRee, h,. legal repre9er.[ative!, succe~x>r~ and assigns ~ 1. To pay ~U and einRulnr the p~r,~ipal tnd interert and the variou~ and sundry eum~ ot moeey psyabk by virtue of aaid promiesory note, anQ ti:is mortqeKe each and every, promptty on the days napcrtiv~ly the ~aa~e xver~Uy become due. i ; 2. To pay sll snd ~inRular [he u:es, ss~essment~, i?v:es. liabilities, nbGgation~ and imvmbnncea of every nature end fcind nnw aaid de.critxd pr~.perty, and~or thet nereafter ma_y be impoxd, suftered, placed, Ievied ? or aaxssed thereupon. end :~r that nereafcer may hP ±eviec! or asxssed upon thie mortgage andlor the iatkbtedness secured hereby, each and every, when due and payahle according W la~v, before they become delinqueat, and ~ before any intere~t attache~ or any penalty is incurred: end in w tar aa any thereof i~ ot record tlu eams ehall be promptiy satistied and dixh~rRed of record snd the or~Rina1 offecia) docnment I~uch as, for instanoe, the tas reteipt or the sati~fection paper officialiy endora:d nc certifiedl shall be plsced in the haada of said Morisages rrithin ten days neit ~tter puy ment: and in the event ihst any thereof ia not eo paid, eatisfied and disCl~rged, said Mortgagre may at eny time pay the same or eny part thereof writhout waiving or affecting any option, lien, equity or right nnder or by ~irtue of thie mortReRe. and the full amount of eech end every such p~yment sba11 bs imnnediately due ~nd payebie and ~hall bear intere~t (rom the dace thereof until paid at the nte ot ten per aenturn per annum and tog+ether with such interest ahaU be aecured by the tien ot ihia awrtgage. . 3. To place end continuouety keep on the buildinRs now or heresfter situete on said land tve and w~inditorm ~ insurance in the ueu~t ~tandard policy form, in e aum noc le~~ than the amo~unt due hereon, in ~uch ooa~t~y or comp~niea sa may be npproved by ~uid MoKgsRee; snd aU such insursnce policies on any of ~aid bu~7dings, any intemst tlurein or part thereof, in the e~regete sum a(oresaid or in e:ces~ thereot, shel) contain tbe wud staadard moKgagee tlause making the lo~+ under ssid policie~, each end every, p~yabk to s~id Mortgages ~s bis inter~est may appear, and eech end every euch policy ~he0 be promptly delivered w and l~Id by ~aid Mortp~ ~nd, not lees t6an ten d~ys in advance of the espiration of each policy, to delivfr W said Mortga~ • na~wd t6ereof, together with a receipt (or the premium ot auch rene.val: and tt~e ehall be no sath inauranee pl~ed on tny of eaid buifdings, any interest therein or part chereof, unkss in tbs toRn and witb the bea p~y~bie ~s Jo~id: and _in the event any sum ot money ~ecomea pnyable under s~cA policy or policies and raid Morlga~ - Recelred In Payrr~e~t Of T~ Oue On Class "C" Intanflible Penon~IP~rop«ty 60~!( FALF 8 °u~suam To Chepte? 71, 134, ~ Acts ~ 1871. ROGER POI TFtAg°1" Clerk Circuit COUrt, St, L.LtC1~. Co. r tt . a: . _ , . . _ _ .