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HomeMy WebLinkAbout0288 i / BUILDING "c~~ ~3~59b9 ~ ~ TH13 blOATGA(iS DE~D, mad~ and •:ecnced cbe .~-d~y ot Januar,~( 1~ Alexandra N Kipnlrpr nf d1~S~o7~~ ,jZd.TMiamiTr~--~$~4~ l~einatt~ called t!N M«tp~. ,.1sieA tarm sluU tselnd~ tM brn. 1sp1 npe'woatiws. .ueea~wrs ~nd a~u ot t!?s saW Motts~ wbec~v~ tbs eoat~t w require~ or admita. to TURTI.E REEF A3.90CIATE3, INC.. P.O. B~ dld, Jease~n Bwc1?. FL 33tb7 1~it.K tallsd' tl~s Mort~~ea, whicb tenn ~hall ineh~d~ tb~ tuct~ssors and ~ssi~os ot tM s~id Ma~tsa~ wl~erever tM eonte:t so eequires or ~drdta. WITNE3SETH: 17wt for devers good ~ad v~luabk eonad~~t3on~. aad also in oonside~ataa of the ~regate nma named ia the proinissory note of even date herewitA Aereinstte~ dsseribed. tAs sdd Mortgagor doss l~ersby grant. bugain. ~seU. alisn. tecniss. rale~ss. oonvey ~ad oonCtr~n anto tM wid Moeta~aes, his hars. suooeaon and ~sei~~, dl ths ce~tain pisce.... parceL... or tnct.... ot land. ot wAkl~ tss ~aid Moet~~ b now ~eised and poasesesd ~nd inactuel poseea~ion, aituate in t~e Caunty ot 3t. Lucie and State ot Florida, deserfbsd u tollowx Unit Weeks 17 and 18 ~n Condominium ~-3 . consisting of Apartment Number ~-3 , and its undivided share of the comnon ~ ~ elements of Turtle Reef Condominiums 1 as such is.described in the amended C~.~ ~ • f . ~ ~ Yaster Form Deed as recorded in O.R. Book 256, Page 235. ~ ~ n~ This is a purchase money mortgage. Q~ N ~ It ie turti~er agreed between the partiee W this mortgs~s tl?at. in addition to t6e ce~ms and eonditioos set at ~4 aot 6eraia it a oonveyance ahould be msde Dy tbe Mort~a~or ot ths peamisss herein desaiDed. or any part ~ 3 ~ thateot. withoat tirst o6taining both tbe written eonseat of the Mider hs+eof, and an auumption of this obl~gatjon. in writina. by the new proposed Grantes. then. and m tbac evea~. ac the opcion ot tM bolder Mrbot. c wit5ont nocice. ail snms oi moaey ssc~ued henby ~Lal1. immed'utdr and ooaxurrently wlth such oonveyanaa bscome a, N dus and p~yabls u~d saM Note and Matgass stull bs in dsi~ulc. .t ~ TO NAVE AND TO HOLD tl~s saa~, to~ with all and w~lu tAe tan~ments• hereditamsnt° aad ~P purteo~nces t6arennto bebnging or in anywies ~pp~rtaining and tbs rever~ and revereioas. remainder ud r~ m~inders. renta. un~e~ and proflts thereot and also all the estat~. risd~ title. iaterest. pr~operty. posae~sion, claim aad dpnand whatsower u weU ia law as in equity of tAe ~aid Mottsa~a~ in and to the same and every p~rt and pareel t6er~sof unw th~ eaid Mortgasee. and his 6ein. mcees~or~ ~ad ~signs. in fes ~itnpM. And aaid Mort;a~x. tor 6imseli. and !w heirs. M~1 e~pe'wntative~. euoceuors ~ud u~iaai. 6~eby eanwaants with said Mortgaaes. hia hsirs. Mgal repee~entative~. ~uoe~s~aes a~ aai~na. tAat ~aid Matga~ u ind~te~a'bly ~eised of wd land in tes simple: that ths ~aid 1+lort~aaor !w irill powec and lawful tisht W oonvsy tM ~atos in tee - simpls as do~esaid: th~t it sAall be lawfui [or aid Mo~t~agea hi~ liein. Mga1 ~epe~sntative~. ~uceewocs and assig~u. at dl tims~ ps~ceably and quietly W eat~r upon. hold. oeeuPp ~nd enjq said land ~nd eveq? part thereof: ; tl~at said land 'u . iree trom aU incumbcanoes: th~t said Martg~aat. Na heirs. legd ~rpre~ent~tives. suooessors and 'I usigas, will malce sue6 fwther aswranoes to pertect tM tes dmpM title to eaid land in said Mtotgage~. ~ his heirs, {egal repre~eatatives. suoosnors and auians. as aiay rearonably b~ required: and that said Martgagrx I ~+i ~ b~~l? tullY warrant the titls co said land aad every W*t tliereof and w~11 defend the s~ms against tbe l lawtu! el~ims of all persons whomsoever. ~ ~ ~ It is understood that e~th ot the words. "note... •.mort~aaor•• and ••mortga~ee.• r~peetivdy ~nd ths pronoun~ y reterring thersto. whether in the singular or plunl anywhere in this moctgage. slull be aingular if aoe ody and f shaU bs ptural jointly and ~everallY. if tnore than ons. and slull bs ~ias. fsminins aad/or nsuter. wberever the oonte:t w itnplies or admits. ~ . . - Md ~d Moet~a~or for h~mMlf ;nd hL l~s. lyal e~'Prwatati~rM. ~ooorwors and aaisn~. Mnbr ooveaants and . ~gr~ to ~nd with ~aid l~[ort~. 6L M~! npwntatlvw. w~oaMOes nd uid~: ~ 1. To . pay all and dngular the principd u~d it~tere~t ~nd t6s varion~ asd ~undry sums of mon~Y WYabie by . ~ : virtue ot ~~aid proeniasory oote. and tinis mortgaas. each tad eyary. pranptlr on the days respectivdy the sams sev~lly beeome due. ~ To p~y aU and singalar ths tues. ~~aessmenta. lsvie~. lisbilitie~. obliaatioa and ineambnnoss ot every aature and lcind now on said descrt"bsd property. andlor that bere~it~ m~y bs impoMd. afte~~d. Plseed. levisd ~ ~ oc u~eued the:eupon. and/or that hereafter m~y bs levied or at~e~d upo~n tbL mort~age andlor tbe indsDt~~ ~ sscwed 6ersb~. e~tb and every. wbea due and p~yabM aceordi~ to 1~w. b~fon tbsp b~oo~ dsHnquan~ and ; befoe~s any interest attachs~ or ~ paodtr b inenrnd: aad In ~o far u a~? tlwesof is of eeoo~d tM ~ams ~U bs promptly utu8d ~nd di~eharasd ot reooed u~d tbs aisin~l o!l~eL1 doeumrnt InuA u. fo~ inst~nos. th~ t~ ~ nodpt or tM wtiitactton P~PK offkiall~ eodor~sd or oertltf~dl ~haU b~ pl~o~d in tbs Aand~ ot wid b[artss6es within t~n da~~ nut ~ite~ pqewo~ and ia tb~ ewat t6at ~ar tde~ot L Aot ~o paid, wtirfid ~nd diseh~r~ed. ~ pid Mortgag~e m~y at tlms p~y t6s Nm~ ar anr p~rt t6re~ot witwont waivjaa or ~ft~cti~ an7 optba ~ li~e. eqaitr or rigbt nader or by virtos of tl~ mortaa~. and th~ t~11 amoont oi e~eh and every sueh p~rment s~ ` b~ immsdl~t~ly dne and payabl~ ~ad ~h~ll b~ar iatwMt teom t!» dat~ t~irot anttl paid at the nte ot t~n per 7 wnt~un par annum ~ad to~t6~r w3t6 wch int~t s~ll bs Mea»d by t6~ lien d thls mortgaas• . ~ s ~ 3. To plaa ~nd ooutinnon~ty kMp on tM buildiap now or h~ee~itar atwte oa s~id land. fire and wind~t~m ~ inauranos in tbs uswl standard polkp form. in • mm nd Ma tban tir ~mount dw hsreoa in sueh ooraQanY ~ o~ oomp~nis~ ai may be ~ppov~d by ~aid Ma~tsa~ aad ~ll au6 ~wnna policiM on ~nr of wid b~dio~s. ~ny a int~arest thrrsin or pat tbereof. in ths a~r~ace ~am ~taesaid or fn esa~~ tlisreoi. aluU oontain tb~ uwW ~ ~nd~ed mott~s el~ws mdoas the Iwe uuder aid poliae~. eeeb aad eve~. P~yabis W said Mortaa~ ~ Nr : int~wt mq app~ar. ~ad ~~eb ~ad ~vq w~ poiler ~ha0 b~ peampty dviva~d to aad Mld bp Mid Mortp~ • ~ and. oot 4a tban t~n dar in sdvaaa o/ tb~ upiratbo ot Mcb pdie~. to ddivR to wid Matsyw . nrwd ~ tl~~wt. toptbu wit6 a ero~ipt tor tM pnmiam ot ~neh no~wal; sod t~n ~haD b~ ao ~ i~ pi~ad . ~ cn ~ ot raid buiWiop. ~al' int~es~t ibR~Mn or part t6~t~ot. no{MS in t6~ ~oem ~nd wlW tb~ lo~s payabb a~ ~ dorwjd: aod ia cb~ .wae .n~ snm d do¦.y b.oom.. p.r.bi. md.r wkb pouep or pdiei~ sad ~afd 1+IatPSM ~ RFCeive~i g. In Payment Ot Taxos ~ fl~ R~,A OuP On C1:~se "C" Intenpib{ePsrsonslProperty, 80~1(~v ~rt. ~ ~~~"~~ant To Chepter 71. 134. A~ts Ot 971. ? ~ ROGER POITAAS , ~ ~ riP,~ r,.c~l~t C~urt. St luciA, ~i» ~ ~ _ _ . . _ _ - - ~ ; . _ .