The URL can be used to link to this page

Home My WebLink About0950 BUILOING "D" 4~~~3 THI3 MORTt3AGB DEED, m~d~ ~od e:ecuted th~ ~~y ot , t9 78 _ by Charles R. Allum of 3125 Chamberlain, Buchanan, Mi. 49107 A~ninaft~ utld tb~ Moet~a~. whicA t~m ~hall includs tM Mits. ksal npsMOtatfvN, wooa~s aad usig~u ot tM ~aid Mort`a~or wMrwK tM coete:t so nquire~ or :daaiu. to TURTLE REEF A3.40CIATE8, INC., P.O. Hos 818, Jeasea Be~ch. FL 33~57 Mnin~tter ealid' tM Mort~a~s whicA term aWl iaeluds the sutceswn aad aseigns ot ths said Mort~es wM~evw the contest so require~ or ~dmits. WTTNE33ETH: 71~at tor devers ~ood and valuabk coniider~tioas. and also in ~~ideratiqn ot the ~e~ats sum named ia the promiwoty note ot evee d~te herew~ith hereinatter desc~bed, chs aajd Mortg~g~or does l~arsby Br~nt, bar~ain. ssll. alien. remise, relsase. oonvey and cont~rtn unto the ~aid Mortaage~. his ~eirs. suoossw~e and ~ ~~a~. aU tbe tertdn pisce.... p~rce1.... or iract.... of I~eid. o[ which tbe said Mortaa~ i~ now seized and po~sswsd and inattual poasession, sitwte in the County ot 3t. Lucie ~+d Sute ot Fiorid~, deseribed ~s tdlnws: Uni t Weeks X and 5 i n Condomi n i um 0-$ and Uni t J~leek 44 i n respectively ~ord. D-10 consisting of ApartmentsNumber 0- 8 and D-l0~and its undivided st~are of the common elements of Turtle Reef Condominium I, as such is described in the Master Form Deed, recorded in Official Records ~L~;~. 263, Page 2002. This is a purchase money mortgage. .n - ~ j ~ u turtLer ~greed between the perties w this mortgage that. in addition to the term+ and conditions aec ~ out hiroin, it • oonveyance sbouW be m~de by the Matgagor ot the premises herein deseribed, or any part f, witho~t tint obtaining both the wrritten eonsent of tbe MW~ hsr+eot, and an assumption of tAie _.~'gation, in wriW~. by tbs new propo~ed Grantee, then. and in that event. at tLe option oi the bolder hereoi. 1 t~ ~ MitLo~lt notice. dl wm~ o! mon~ seeured hereby sh~U, immediasely and ooncurrently ~rith auch oonvsyaaoe. beoome ~V c, ~ ~w and p~Yabl~ and said Note and Mortaa~s shall be ia default. TO HAVB AND TO HOLD tbs suns, tosether with all and singular the t~nsmsnts. l~eteditaments ~nd ap~ T' ~ 7~ 3 tlwnunto or in an a ~nd the revefsion aed rev ` ~n8 Y~x PP~~B ~ion~. r~inde~ ~nd rs a p~~rents. isa~s ~nd profits tLereof and also all tl~e estate, right, titk. iaterest. P~Y. P~~• claim and ~dra~n~ wfiataower u~rel1 iw law as in equity ot the said Mortgag~or in and to the same and every p~rt and c.~ D R~rcel t6er~sot unto the iaid Mortgagee. and his 6eirs. successon u~d ~ssign+, in tee simple. ~ o~ Md said Mortsa~or. for Aiinself. and his heirs. kaal repra~entatives. +ucceaaors and as~ians, hee~sby convenaata ~~d th iid Mortgaaes, hia heirs. legd e~spee~entatives. suoces~on ~nd assigns. tiut said Martg~~ is indeteasibly _ ot a~id W~d in tee eimpb: that tbs s.id Mortaagor hu tnll power and law~ful riaht to oonvey the s~me in fee G , ;aa ~foresaid: tbat it ahaU be lawful (or s~id Mortgagee, hi~ heirs. lsg~l repre~entatives. woee~ors and as~igns. ~ ~r,, ~ at dl ittmy pe~te~biy ~ad qaietly to eater upon. hold. occupy and eajoy said land and eveR p~rt t~eot: . , th~t s{id land is feee irom all incumbnaoei: tlut said Martg~~. his Min. legal repre~ent~tives. suaeesors and N ~ss~n~ w~7! make soeh lurther ~ss~uanocs to pertect the tee simple title to ~aid land in s~d Mratgag~ee, Ai~ Tiei». le~l »p~e~ent~tivee. aoeos~sors ~nd asaigns. as may rea~ooablr bs reqnired: and tlut s~id Mortgagor does bereby fnltp ~fi~RaA~ the titk to said 4nd ~nd every part tl~eseot ~nd will detend the saa~e against the f lawfiil claims of all persons whomsoeva. ~E ' It is undetstood tlut e~th ot tlte words. •'note•.. ..mortgagor.. and ••mortgage~•• respectively wd We prona~ns , refemng thereto. whether in the aingular ar plural anywher+e in this mortgage. shall be singular it one onty and -_i , ~ shall be plural jointly ~nd severally. it mare than one. and shd! be a~scnline. feminine andlor neuter. wAerrver y( ' the ooaten so implies a~ ~dmits. 1 ! ~ And ~aid Nart~r~ Eor himself and lw baira. leaal cepresentacjva. w~cees~ors and ataigna hereby oovenanu ~nd . ~ asree~ to ~nd with uid Mortg~qee. his legal rspresentatives. sueoessors and asrignr. s E 6 . i 1. To p~y all and singuler the principd and interest and the v~rious ~nd sundry sume ot money peY~bie by . i ~ virtue of s~id promissory note. and this mortg~ge, each and every. promptly on the days respectivdy tl?e same ~ severally beoome due. " : - ~ Z. To pay all aad singular the tue~. asaessments. kvies. liabiiities. obtigations and incumbnnoes ot every . - ~ n~turs and kind now on said descn'bed property. ~nd/r+r that hae~iter m~y be impo~ed. sufferad. pLced. lsvied ` ~ or ~sses~ed tb~reupon. aed/or tlut hers~fter m~y be levied or ~s~e~aed upon t6is mortgags ~nd/or th indebtedness ~ ~scnred bereby. e~eh ~nd every. wl~en dus ~nd pay~bk aocording W l~w. befoe+e tbey bsoome delinq~uat, aad befors anr intereat attaehes or wy penaky is incvrred: ~nd in so hr u any ti?e~eof is ot record the same s6~ll be ~ promptlr satufied and dise6arged of reoad aad the origin~l otficid documeet Isucl~ as, for inet~noe, the taz : a rsceipt or tbe s~tisf~ction p~par offiidaUy endorsed or certifiedl shall be pl~osd ia tl~e hands ot said Matgagee • ~ wkhin ten day~ ne:t after p~yment: and 'm the event tlut any tbsreot is oot w paid, wtisfied ~nd discLarged. ~ aid Mortg~ges mar at ~ny time pq tLs s~me or any part t6areot withwt w~iving or aNectu?8 anY o~ion. ~ tien, equity or ri,~ht uoder or by virWe ot this mortgage, and tbs tull amo~nt ot e~ch ~nd ever~r such payment shaD - b~ immedi~tely due ~nd p~y~ble and sh~U be~r int,erest imm the date tl~eot unta7 paid ~t the nu ot ten pa 0l11~11[D tDDllm lAd W~lC~! ~It~fl lUCII lDL!!M~ ,hau be secnred by cl~e ben oE chis morsg.~e. 3. To pl~es u~d oontinuou~ty Ice~p oo the buiWings now or here~ft~er situate m~ s~id land fire a~ windstorm ' in~unnos in the usual standard policy form, in • sum not iea than ths amount due hereon. in such oompanY or oomp~nks as nuy be appmved by ~aW Mortga~ ~nd all a~c6 insunnoe poli~s on any ot said bu~7ding~, anY . interest tlieroin or part tbsreot. ie tbe ~g~eg~te sum ~toresaid or in eue~s thereof. s6a11 ooatain ths uswl ~ st~ndard mort~a~e clause making tbe low uader ~aid policis~, each aad every. PaYabk to said Mortg~gee as !~s ~ intere~t m~y apqar. and eac6 and evrry wuh policy s6all be promptly deliveeed to aad beld by s~id Matga~ ~ tad. not {eu th~n ten day~ in adv~noe of tbt ezpir~tion ot e~eb pdky. fo ddiv~ to Mid !laetsa~w a rea~wd ~ therrof. toget6er with • reo~ipt to~ tbe pntninm o! ~ueh r~ew~l: ~nd tl~+s shdl b~ no s~c6 In~r~aaoe P~aead ~ oa ~ny ot said bu~7dinp. any fat~e~t tMeein or p~rt tl~efeof. unlw in tlr farm and wit6 tM {os~ p~yabk ae Jor~aid: and in cM ev~nt ~ar ~um oi mooer beooms~ payabis nod~r or poticie~ and said Mortg~gee ; IIEtEtMEO i N~ rArrE11T ~f TAftEt r OflE ~M MT M.E ?E~tOMAI ?ROIERI~. ~ A 2g2 ~ 948 ~ ; BOOK ~.~.N~. ~ ~ ~ _ ~ - - ~ _ ? _ _ ~ ~ . .~.r~ -~s~ ~`~.s--~ ~ ~ _ ~