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HomeMy WebLinkAbout0296 . , 3, ; BUILDING "0" ~3J59'74 ~ THI8 M~RT(3AGE QF.FD, made snd e:ecuted the 4th a.y of February , 19 78 by Cynthia L. Hale of 18005__S_W._ 88th Ct.,__Miami, FL. 3315 h~in~fter c~lled the Mortg~gor. ~vhich term ahrU include tAe heir~+, k~l repressntative~, suc~s ~nd a~~ ot tM said Mortgagor wrhereve~ the conteat so require~a o~ admit~. to TURTLE REEF ASS(~IATES, INC., P(1. Ao: 618, Jensoo Beach. FL 33457 heeeiaatter eaUed' the Mortgagcr, Mhich term shal! include the ~ucce~so~~ and assians of the s~id Mottgagee wherever the contezt ~o requirea w admite. ~ WITNESSETH: TAat tor dever+ Raxi end vsluable coneiderstiona, nnd al~n in toe~idention ot the ag~regats sum named in the ptomi~wry note ot r~rn dnte herewith hereins(ter devcrihed, the said Mort~gor doss Mr+sby gnnt, bugaia, seU, aGen, remi~e. releax, convey snd coefvm unto tt:e .aid !Natgagee, his heirs, sutoss~ore ufd pdp~s, all the certain piece..., parcel. or trsct of t~nd, oi ~rhich the ~id Mortgegor is now seized and possessed and inactual po~~ession. nituete in th~ Cnunty ot St. l.ucie and Stat~ of Fbrid~, described as tolbwx p~ 0.0384 ~~undivided interest in fee simple absolute as tenant in comnon yv ~ t e~i certain real property described in the Master Form Deed of Turtle Reef r~$ Cbndominiums 1, recorded in Official Record Book 263, Page 2002, subject to f~ ~ ~ivestment as set forth in said Master Form Deed and upon s~ch divestment an „o ~~nterval ownershi p cons i s ti ng of Uni t Weeks 28 i n Condomi ni um p-7 , o ~ 7 g~ ~~onsisting of Apartment Number , ard its undivided. share of the ~ wA ~,~omnon elements of Turtle Reef Condominiums 1, as such is described in said ,~~g ~laster Form Deed. This is a purchase rrroney mortgage. i , ~ : W It is further agreed between che pertie5 to thi~ mortRaRe that, in addition to the terma an~ tonditions ~st ~ ~ out l~ersin, if • conveyance ahould t~e made b~• the Mortgaqor of the premix~ herein dexribed, ot any part . thereof, without first obtaining both the written con~ent ot the holder hernof, and an aasumptioa ot this obiigation, in writing, by the new propo~ed Grsntee, then, snd in that event. at the option of the 6oldet hereot. - ~-;~ihout notiee, al1 suma of money secured hereby ~hell, immediatelv end concurrently ~vith anch tonveyanoe, beeome due and payabk and said Note and lNortRage 'hal! be in deteult 'L'O HAVE AND TO HOLD the •eme, toge~her witn all end ,ingular the teoements, herediuments and ap purtenanos~ thereunto bebnging or m em~vise appertaining and tAe nver~~on and reversiona, remainder ~nd ro m~it~d~cs, rents, iseues ~nd pmfita thF• and eleo ell the eet~te, right. [itk. interest, propeKy, possession, tWm aed ' de~n~nd whatsoever ae weU in law r. ,ity of *_he said Mortga~mr in snd w the same and every part and p~rosl ther~eof unto t6e said MortaeRee. a~.:; !.s heir+. ~ucces~ors and s~s~; in fee simpk. And qid MortgaRor. tor himself, and ~~v hPira. legal reprexntativice. encce~~ora and ~eaign~, hereby convenanq witA etid Mortqagee. hia he'v~, lega! repre~entative~, eucce~sore and estigns. that said Matgagor is indete~aibly seised of aaid land in tee simpie: that the asid MortRaROr has full pc?w~er and la~vful right w rnnvey the aame ia fee timple ae atoresaid: thst it ~hall be lawful for said Mor_Fa~ee. Aia heira, kgat representatives, suceeas~s aad ~saigns. ~t all timee peaceebly end quietly to enter upon. hold. occupy and enjoy said land and every part theeeof; tbat said land ie free from sU incumbrance~; chat said !1lortgaqor, his i~eirs. legel representatives, sucoeasors and assigns, will tnake such (urther assurance~ to perfee: the fee aimpk title to uid 1~nd in s~id Mrotg~ges, hie hein, legal reprexntati~•ee, ~ucce»or+ ar.d eesiRn~. e~ may reasonably be required: aad that said Matgagor , does hereby fully wrarrant the titlr to said land and every part thereof and wril! defend the seme ag~inst tbe ~ ; lawiul claims of sll pPrson~ whomsoever ` • ` ' . - , It ia under+tood that eech of the ~ords. "note'~. "mortgagor" ~nd "mortgagee" reepectively ~nd t6e pronout~ referring thereto. whether in the 9:nKular or plural anvwrhere in thi~ mortgage. ah~U be singular if one only and ~ shall be plural jointiy and se~~erelly. ~f more than one. and shsll be maxuline, feminine and/or nenter. wher~ver ~ r t the oonte:t eo implie+ or admic, { ; ~ Aad a~id Mortqagor for h~meelt and hie heirs, le~i repreaenutives. ~uccessors snd assign~, hereby covenaats atd r. agree~ to ~nd with said yiortReRee. hi~ leRal reprexntetive~, succeseors end assigns: 1. To pay ~ll' and ~inRuler the principat end interest and the vsrioua snd ~undry aum~ ot money psyable by ~ ~ virtne o! eaid promi~~ory note. and this mortgaRe. eech and every. promptiy on the days reepectively the eame ` xvenlly become due. 2. To pay sU and einRular the ta:es, e~sea~ments, le~^e~, liabilitie~. obGgations and incumbrances of every ' naWre ~nd kind nox or. said descnt~ed prop.rty. and:or thet hereefter mey be imposed. euffered, placed, ievied - ~ or ~ssessed therevpon, end,or that hereafter may be levied or e~xaxd upon this mottgage snd/or the indebtedness secured hereby. each and every. w+hen due and payeble eccording to law, before they become deWpuent, and betore any intere~t •tteche~ or eny~ pemlty ia incurred: and in ~o fer a~ sny thereof is of record tbe sams shaIl be promptly satiafied and diecherged of record and the oriqinal official document (auch as. for instance, tbe taz rscaipt or t6e astiataction p~per. officially ender~Yd or cenifiedl shaU be placed in the lunde of said Mortgages within ten days ne:t after p~yment: and in the event that eny thereof is not so paid, satufied a~ di~cbaraed, s~id Mortgagee may at any time pay the eame or eny part thereot without waiving or af[ecting ~ny option. lien, equity or right under or by virtue of thie mortgaqe, •nd the tuU ~mount ot each and every such p~yment sh~ll bs immediately due and payabk and shall bear interest from the date thereof uatil paid at the nte ot tes pec osnturn per annum snd together w~ith euch interest ehall be xcured by the lien of this mortgage. 3. To place snd continuouely keep on the buildinga noa or here~fte~r siwate on ~sid land fire and ~vindstorm insunr~oe in the usual ~tandard policy form, in a eum not less than the amount due hereon, in auch oompany or comp~nies ae may be appmved by said Mortgaqee: aad dl euch insurance policies on any ot eaid bm7d'rngs, any interest thereia or part thereof. in the aggregate sum atores~id or in e=ces~ thereof, ~h~U oontain tbe u~wl - rt~ndud mortgagee clause malcing the lou under aaid policies, each end every, p~y~bk to uid Mortgagee as hi~ interest may appear. ~nd wch and every such policy sh~U be promptly delivered to and 6eld by wid Me~t~yMC . and, not less tban ten days in adv~nce ot the e:p'vation of e~ch polky. W delivsr W iaid Mat~sps • t~o~wrl theteot, together with • receipt for the premium ot euch renewd: and thace sh~D be no sue6 fnrunnes p1~od an any of said buildings. •ny intereat therein or p~rt thereof, unte~a in ths form and witb tM loa p~ya6k u ' ato~aid: and in the event anr sum of ~noney become~ p~yable under such poticq or polici~s and ~aid Martaapi : Received 8 ' ~_In Peyment Of Tezes s~OK ~17t~ PAGE Due On Class "C" Intangible Personel Property, . Pursuant To Chapter 71, 134, Ac~ p}~87i, ROGEfl POI TR.~ ~ . Clerk Circuit " a, _ _ - _ ,~s~~ _ _ .5::~ : . t.