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HomeMy WebLinkAbout0966 • BUILOING "D" 4135~3 THI3 MORTOAOB DEED, m~de and e:eeut~d tAel~_d~y of June lg 78 by Robert B. Oinsmore and Mary K. Dinsmore, his wife of 12700 SW 72 Ave., Miami, FL. . 33156 e.r.in.ccK eall~d ch. Morc~. wdiee t..iu .h.u inclua. ch. neirs, kg.~ re~e~...~ativei. ,ua~aon .,,e ..sign. ~e of tM taid Mort~~~ wMcwK tM tont~:t ao ~+squite~ or admita. to TU1tTL8 REEF A3.90CIA1'E3. 1NC., P.O. 8~ 818, Jense~ HNCh, FL 33457 A~inatt~ caUed' the Mort~ps. wluch t~rm sbaU iuclude tM succeew~i ~od aaaigns oi the s~d MoKa~ whenvK tl~e coate:t so nquire~ or admib. WiTNE33ETH: 'lLat tor devers ~ood ~ad valua~k con~id~atioai, and also in oonsidetatiqa ot the a~gregate aum n~msd in tbe promissory rate ot ev~n date herewith herein~her described. ths said Mortg~grx doe~ hereby ~raat, barsaia. isU. a~a. romise. rels~ss, oonvey and tonfirm unto the eaid Nortga~ee. hIs heirs. suaessore and ~~n~. ~ll ths artain pi~ee.... parceL... or tnct.... of land. ot which the said Mortgagor is aov seir,ed and pwse~~sd and inattual possession, sitwts in the County et St. I.ucie and State ot Fbrida, described u follr?wa: Unit Weeks 21 and 37 in Condominium D-15 consisting of Apartment Number D-15 and its undivided st~~r~ of the common elements of Turtle Reef Condominium I, as such is ~ described in the Master Form Deed, recorded in Official Recores E~~r!- ~ . 263, Page 2002. This is a purchase money mortgage. ~ ~ _ , - ~ . _ _ ~ It ia turtser ~areed between the parties to this mortgage that. in addition co the •term~ and conditione aet • t het~in. if • oonvey~noe shouW be m~de by the Mortgagor of the pr~niees haein descn"bed. or aay part t;' , 1' i witAa~t tlrst obtaining both t!~ writteu coasent of the bolds~ hereof. ~nd an aesumption of tl~ie - . ~ in writias. by tl~s n~w ptopo~ed Gr~ntes. then. and in that eveat. at the option ot t6e boider bee~eof. . D L notics. all aumi ot awn~y sscured hereby aha4 immediatel~r and ooncurrently wit~ sueh conveyance. bea>me . r ~ and p~yable and said Note ~nd Mortaage shall be in detauh. ~ ~ - . _ - j"~ TO ' HAVS AND TO HOLD the sams. W~etber writh all and siogul~r the teaements. har~editamenta aod ap ~ are n ~ p~t~op~ tA~aanto b~lonaing or in ~nywise appertainina and the reveraion and reversions. rsmainder and rs . m~md~t~. renta. iaw~e~ a~ profits thereot and also all thb estate. right. title. intereat. ProP~*tY. Pasesaion. claim and . i, dsena~ ~ w6atsosver u weU iew I~w as in equity of the said Matga~ in and to the ~aine and every part and . s id en. p a r e d ~ f un t o t h e s~ i d M o r c g a~en, an d h i s h e i r s. eua~essors a n d assigns, in tee simpk. - ~ . K~ Mot~tsagrx. tor Aimself. and his heirs. lesal r~rs~antatives. ~ucoessors ~nd usi~ns. 6ersby oonv~ants ' ~ with ~id Mortgagee, hL Aeirs. lega~ rePrese~?tativss. su~o~s and ~asigns, th~t eaid Mortgagor u indefe~sibly ~si~ed ot wd land 'w tee simpl~ that tbe s~id Mortg~gor 6as fuU power ~e~d lawftil right W oa~vey the same in fee aimple ~s Jo~enid: that it sha~ be lawfal for s~id Mortg~g~ee, his hars. Msal repre~entatives. snee~ssors and assigns. ' ' - at dl timss pe~eeably and quietly to eater upon. hold. oocupy and enjoy said land and every part tliereof: _ c tl~at nid land is [res from ~U ineumbranKS: t6at said Mortg~gor. his hsirs. 1ega1 repreientatives. snooeesoes aed a~s. will ~ke such inrth~r ~s~u~noer to perfect the tee sinnp{e title to sald land ia said Mrotgag~ee, hia bsin. kaal *eP~sentativee. suooe~sors and assi~na. as m~y re~sooablr bs required: ~nd t6at eaid Mortgagor does 6ereby tnlly w~rrant tbe titie to said land and every part thereof and w~71 detend t6e eame egainet the lawiul elaims of all per~ons whomsoever. . ; It is understood t6at each of the word~. ..note... ..mortgagor.. ~nd .•mortgagee•• respettively ~nd ths pranouns referring thereto. ~rhethrr in the singular or plural anywhere in this mortgage, shall be singular if one onty and shaU be plnral jointly and eevenlty. if more than ooe. and sl~all be masculine. teminine and/or neuter. ~rLercver i t6e eont~zt io implies ar admits. i t Md ajd Moctg~~ for himsdt and his hein. lega~ *ePteseMative~. s~xeee~ors and aasigns. he~eby oovenants ~nd € ~rea to and witli aaid Mortgagee. his lega! r~a~p~esent~tives. suooes~ors and aasigns: . 1. To pay all ~nd singular the principal and int~eest and tbe varions and eundry sume ot ewney p~Yabie by ~ virtue of a~id promissory aote. ~nd this awrtsage, eech ~nd every. pnomptly on the days reapectivdy the same , severally beoome du~. € ~ ~ 2. To p~y ~II ~nd si~ular the tue~. assessments. kvies. liabilities, oblig~tions and 'uxumbranoes ot every € aature and kind eow on said described property. ~edl~ that hereaft~ m~y be imposed. suH~red. plaoed. levisd = or asseared tberenpon. ~nd/or that here~fter m~y be levied or assee~ed upon this mortgage andlor tbe indebtednese ~ sseured heeeby. eaeh and every. whea due and p~y~bk accading W law. betoh t6ey bsoome detinquent, and ~ befo» ~nr iwt~re~t acc.c~ or anr ~o.tcr is incnrnd: aad in so fu as any thseof is of reoord the eams slull be ~ promptly satiafied and disebarged ot record and the original oHicial documrnt Isuch as. for iastanoa t6e taz ~ eraipt or the wtist~etan p~per otficiaUy endorsed or urtifiedl sbaU be pl~eed in the lunds of ~aid M«tgngee ..fchin cen d.y. n~c .tcer p.ymenc: a,d in che evenc chac :ny cl,ereot i. noc so p~id. s.cisried and dixt~arged. ; ~aid Mortg~gee m~y at ~ny time p~y the s~me or any part ttl~ereot witla~t waiving or aftectia~ any opt~on. ; 6sn. eqoicy or righc nuder or br vircue ot chis morcgage. and the full anwunt of e~c6 and every suc6 p~yment shall = b~ immsdLtety due and payabM and s6a11 bs~r inte~est from the date tl~ereof anW p~id at the nte of teo per centnrn per anoum and to~etber with snc6 intaest shall be secvred by t6e lieu ot this mortga~e. ; 3. To place and oontin~wnsty ke~p on ths buitiding~ ~w or here~ft~ sitwte on eaid land fir~e and windstorm insur~na in t6e uswl staadard poticy torm. in • ium not less t6an the amount due hereon. in sueb oompanY or oom~paniss u m~y be approved by safd Mort~ee; aad alt such ins~vanee potiaes oa any of eaid bu~7ding~, any , mten~t therein or p~rt tlwrbof. in t6e ag~egate eum afonsaid or in e:oa~s thereoi. s6all oont~in tl~e uaw! ~tandard e~ortsa~ cLuse making the los~ uad~ said policiss. e~ch ud every. pay.ble to s~id Mortgagee as his ; inteee~t ~y appMr. and Mcb and every aaeb policy shall be promptly ddtv~ered to and held by sald Mortga~ ~ ~nd. not INa than tea day~ in advanee ot the eipiration of e~eh polfey. to ddiv~ eo ~a~d Moetgases a e~a~w~! ~ tMe~w/. toset6er with ~ reodpt for tbs premium of weh rsnewd: and tMn ~U b~ no s~ch iowrance plao~ on ~7 ot said buildinP. aay iat~ewt ti~srain or p~rt thereof. nnlw in t6s tarm and with tb~ {osa p~yable ae _ d ia ch. w.ne an~ .am ot mooey beooa~s, p.ybls nnder ~ueh yplic._or poticiss and said Morsgagee " Rcw~rco ~_~Q~,~ w?~r~r a Tuc~t ~ R ' ouc o~ ~ust ~ ~r ~ r~rsoiut n~r~tr. i00fc ~92 t'AG~ ~ £ ~URiYA~T 1'a UMPTFR 71•1M AL7= ~f M71. - !0~ /OtT~ ~ C~d'~3K QM3NT COittT. iT. 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