HomeMy WebLinkAbout0631 SUILDING "D" 4Ua3.9~s
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THI3 MORT(3A(3B DE6D. made and e:ecuted the _~d~y ot _~~.~h lp 7~
George J. Bo~ovich and Mary L. Bo~ov_1ch, his wife of 1745 Diana Blvd., Merritt Island,
FL . . 32952 -
l~e+~inaftar ealbd tM Mortg~gw, wAich term sh~U include th~ heirR, kqal reprereat~tives. ~ueca~on ~nd wi~nt ~
ot tM wd MaKgtaor whersvsr tl~e rnnte:t so requirea or admits.
to TURTLE AEBF A3.SOCIATE3, 1NC.. P.O. Hos 618, Jensen Beach, FL 33~57
hateisafter ealled' the Mortgagee, «hich term shsl! include the ~~s .
s~d Mottgages wherever the conu:t so reyuires or admits. of tAe
WITNE3SE7'H: That Ior dever~ Rond an.i v~lu~bk rnnsiderationa, and al.+o in tonsidet~tiQn ot the ~~regaq w~m
aamed in the ptomissoey note o( even date herewrith hereioatter dcscribcd, the said MoKgagor does Aee~eby
~rant. buBain• se~1. die~?. remi~e. releaee, convey •nd confvm unto the +a;d Mortgages, his heirs, suoeapors and .
u~iaa~. all the certain piece.... percel.... or tr~ct.... ot land. o! w~Rich the aaid Mortgagor i~ aow asised and
possssssd ~nd in~ctoal po~x~~an. situ~te in the County of 3t. Lucie and State ot F'lorida, deseribed as tolbw~ . ~
A 0.0769 ~ undivided interest in fee simple absolute as tenant in comnon
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
divestment as set forth in said Master Form Ueed and upon such divestment an
interval ownership consistinq of Unit Weeks 22 and 23 in Condominium D-22
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consisting of Apartnwnt Number ~'22 , and its undivided share of the
comnon elements of Turtle Reef Condominiums 1, as such is described in said
Master Form Deed. This is a purchase money
mortgage. ~
It u turther ~greed between the parties to thi~ mortR~ge that, in addition w the tera?e and conditiow sst /
, ovt 6eraia, it a convey~nce ~hould be made by the Mortgagor of the - premise~ herein described, or ~ny part 5
t6eteof, witho~t fira! obtaining 4?oti~ the writtan consent of the holdar hersof, ~tid an assstmption ot this n
obligation. in rriting, by the aew proposed Crantee, then, end in thac eveat, at the option ot the laWer-heceot, ~ ~
witlaut notice. ~ll suens ot money ~ecured hereby ehail, immediately snd coneurrently with sucA ooaveyanoe, beooms q•
_ dns ~nd p~yabk and said Note and Mortgag~e shall be ia detault.
~ TO HAVE AND TO NOLD the ume, cogether ~nth all and singulsr the tenemeata, he~eclitaments ~nd a~
purtas~aneei thereunto bebnging or in any~rix appertaininq aad the revasron and raversions. remainder aad rs
a~indsrs. rsnts. isaues aod profit~ tbQr4. f and also ~ll the esute. riqht. tick. interest. ProPMY. P~n. c1~im and
dem~nd whatsoever •s wrell in ls.v e:. ::,iity of the said Mortge~,r in and co Ehe same and wery p~rt ~nd -
qroel th~reof unto t6e aaid Mortgegee, end E. s heir~, aucceseor~ ~nd a~~ikn~, in, fee simpk.
And ~aid Mortgagor. for him~elf. arsd hiy he'v~. itgal ?epresentatives. +uccea~or~ and assigns. bereby oonvs~ats 1tMA0'f
*?ith s~id Mortgagee, lua heira, kgal repre~ntatives: ~uccesaors and essigns, tlut s~id Moetgagor is indefe~a'Wp 3ioni jK17s ~
~eised ot said land in fee aimple: that :he aaid Nortgeqror haa tuU po~ver end lawrful risht W convey the sams in fee
simple as atoreeaid: tiut it ~haU be [a.vful for eaid MortRagee, hi~ heirs. legei reoresentativ~s, suetessors aad assigns, 3 4
at ~li times peaceably and quietly to ester upon, hold, occupy and enjoy ssid land and every part theeeof:
that ~said land is free [rom alt incumbrances: that sa~d ~tortgagor, his heir~. lagal representatives, s~ooessors ud Ilill{it1~~CU` ;
assigns, will make such further assursnces to perfect the tee simple titk to eaid 4nd in s~id Mrotgrges, 'q n--{:
6i~ Aeirs. legd representative~. ~utceaaore ar.d as~igna. es mty reasonaWy be tequired: and that said Mat;agar (IN ° C~~
does Aereby tu~y warrant the titk to said land and every p~rt thveof end w~11 detend the eame againsR the ~ 3
4wdul claims of all person~ whom~oever ~~~Z~
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It i~ underatood that eech ot the ~FOrd~. "note", "mortgagor" end "mortgagee" respectively and the proeouo~ o
1e
refetring thercto, whether in the sinA,iler ~x plurel anywrhere in thia mortgage, ~hall be aingulu ii ooe onty and -~t
~
ahaU be plural jointly and se~erellp. ~f more then one. and ~hall be in~cu[ine, teminine andlor neutar, wherevar s
the conts~ct so implies or admit~. `f'~-. ` ~
- ~ -~r:? ~
Aod said Martga~or tor himxlt and his 1~eirs, legal representatives, suoce~ors and ~ssigas, hareby ooveoante ~rd ?
~grees to and aith ~aid MartgaRee, hi~ irqa! reprexntative~, auccea+ors and assegns: t f f
e,
_ DC
1. To all and ain ler the ~
paY Ru principal and interest and the v~rious and n~ndry suine of tnoney p~rib{e b~r ~p ~z~
virtwe of said pmmiaaory note, snd this mortgaqe, each and every, promptly oa the daye respectivety the eams .
severally become due_ - ~
, ~ tD~.
,
. 2. To p~y_ ~1] and singutar the tues. ~sse~~menta. leviea, liabilities, obligations and incumbrances of evey
nature and Icind no~v on said dexribed propetty, andtor that here~tte~ msy be impoeed, suffered, plaeed, ievied •
or assessed thereupon, and'or that heneafter ro~y be ievied or a~seased upon t6is mortgage andlor t6e indebtedn~
secorsd hereby, each and every, when due and payebk ~ccording to l~w, before t6ey beootas detinqwnt, wd
befae any interest ettaches or any penslty is incursed: end in so fer as any thereof is of ~ecord t6s s~m~ ~h~it bs
pramptly sati~ed and discharged of record and the originsl offici~l document (auch as, far instance, tbb tas
reoeipt or the satisiaction p~per officielly endo?~ed or certifiedl e}isll be placed in tl~e 6ands of wid Maetaa~
witsin Las days ne:t after p~yment: and in the event thit any thereof is not so p~id. satisfied and ditel~t~sd.
sa~d Mortgagee may at say time p~y the same or sny p~rt the~eof withoot waiving or ~ifectins any option,
lisn. equity or right under or by ~-irtue ot t.t?iw mortgage. and tAe tutl amou~t ot esch and every sucA p~ymant ~6d1
be i~nmedi~tely due and p~yable and alWl bear iAtvest hom t6e date thereai unW paid at the rate o! teo per
oeuWm pet mnum aad togrthet w+ith such interest shall be xcured by the lien of this mortgaae. ~
3. ~ To plaee and continuouely keep on tt~e buildings ao~r or hsre~fter ~twte on said Lnd fire and wind~wrm
insuttnce in the usua! standard policy form, in • aum not {es~ than tl~e aaaunt due hereon. ia such oomp~ny
' or oanpanies ~s may be appcoved by said Mortgaqee: and all such insur~noe policias a~ any ot said buuding~. any
i intec+est tlkrein or . put thereof. in the aggregste sum atoreaaid or in eaiosss thereof. shall aoataia tb~ _nw~a~
~ ~ndud nwrtgagee clause malcing the los~ under ~aid policies. eac6 ard every. p~Y~bk to e~id Murtgagre ~u hi~
? jnterett m~y appear. aad e~ch and every such polity ~hall be prompdy ddivared W and ~eld by a~id Mortpas~C
~ ~nd. aot {ess t6an ten day~ in advaace of che a:pir~tion of e~cb policy. to deiivK to said Dlat~a~e~ • er¦sw~!
~ tMreot. togetAer with a receipc tor the premium ot euc6 reeew~l: atd ti~t+s sh~ll M no suth in~oraoe~ pl~ad
on any o[ said buiJdings. aay interest tMrein or p~art thereof. uAk+s in tb~ form and wit6 tlr loM pay~bb as
~ doresaid: and in tAe evsnt aoy sum of mooey beoomes payble u,~dar wKh potiey or poBcie~ u~d wid 1Rartp~
RECElYEO q2 IM PAlllEJlt OF TAXE~
i D~ ON CLAtt 'C' IN1AM~8lE PitS011~1 PAOPEATY,
~ ~ 60~287 ~ 6~ n~n're awTa ~-w; ~ ~ a». ~ .
~t potfw?s `
~ c~.~c Ua~r cowrr, sT. tuq[ ca. Fu.
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'Y~a" r~.',-'s.>£,. ~.ti~: x.~ . _ _ . . , . ' j~f ~ .
. ~~~~'~£^'~'~~Y ~-~~s,~ ~ 1 - _