HomeMy WebLinkAbout0983 g 1~53 ,
flUILDING "D" ~
TH13 MORT(lA(3E DEED, en~d~ aod es~euted tM 16 d~y oi M~ 19 78 _ 1
bp Anthnp~v PA1 prym and A1 i ce Pa]Erme, hi s wi fe nf 227 Carj.._pl ace, P,~amus . N. J.
_ 07652
aasindt~ taU~d tM Mort~or. wdich twm shaU inelud~ tM heirs. k~al repn~entative~, wota~ors aad wigeu
ot tM ~aid Mort~~ wlrerw~r tM eonce:t ~o require~ or admiu.
to TURTLS BEEF A3.SOCIA7'E9. INC., P.O. 60: 618, Jensaa Bwcb, FI. 33~57
Mhinaitar ulld' tM Mortaatee. which t~enn ahall includs tbe suoossson aad usigne of the
said Mott~~ wAenver tAs conte:t so requiro~ or admits.
WITN~33ETH: TAat tor devers ~uod ~nd vdu~bk oonsidar~tioos. ~nd ~lso in oonsideratiqn ot the ~regate sum
aamed in the pwmia~ory aote ot even date herewntA hersinatter described, ths said MortgaRor does haraby
srant~ b~rpin. ssU, dien, remiss, rels~s~, oonvey ~nd cont'vm unto the said Mottgages, his hein. ~uooss~ors and
wians. all tM cettaiu pi~ce.... paroel.... or t~~ct.... ot 4nd. ot whieh tAe said Mortg~gor is now seir,ed aad
pos~ss~sd and inattual possessioa, sitwte in the County ef 3t. Lueie and 3Ute ot Florid~, descnb~+t! +~s follnwac
Uni t Weeks 41 and 42 y i n Condomi ni um D_ 1$ ~tld. llni t Week 20 in
respecti ve~,y ,
Cond. D-24consisting of ApartmentSNumber D- 18 and D-24~nd its undivided si:::r~~
of the comnon elements of Turtle Reef Condominium I, as such is
described in the Master Form Deed, recorded in Official Recor~~ G_ ~
2~, Page 2002. This is a purchase money mortgage.
y It ii (urther a~reed between the parties w thie mortgage that. in addition co the terme and conditions
aat hetsin. it a oonvsyance sAould 6e made by th~ Mortg~gor of the pre~niees herein described. or any pa::
~ l' " t~sreot w~thout 5rst obtaining both the wrritten coeuent ot the boids~ hereot. and an asaumption of th:a
~tioo. ia writing. by ths new propo~ed Grantes, tl~en. and in that event, ~t tDs option ot the hoMe~ ~r~f_ /
~ ~Stet~rt notite. ~p wms ot monry sscnred 6ecaby ihall. immediately and oon~vrrently with snch oonvsyu~ce. beoome / .
~~s ~od p~y~6M and s~d Note aad Mort~ass shall 6e in default. ~
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= o 1b NAVE AND TO HOLD tt?e aaens, to~ether with ~ll and iingular the te~nents, hereditamsats aed ap
~ D o tbereunW b~looging or in anywise ~ppertainin~ ~ad the te~version and reversions. rees~ainder and rs \n . .
~ eents. i~ and profib ther+eot and also all the estate. *ig6t. tit7e. interest. P~oP~~Y. P~. d++m and ~
? whatsower a~ weU in law aa in equity of the said Matgagor in and to the same and eve~y part and
A~ ~ tbereot unco the said Mortgagee. and hie heirs. suceessors and assign~. in tee simpk.
CA Aad said Mo~t~agar. for 6ienselt. ud his heirs. lesal npr+Mntatives. sucoessors a?d assiane. hersby oo~nveoants
t ~rit6, said Nortg~ges, his heirs. legai repe~esentatives. sucaessors and aasigns, that said Mortgsaor is indefeasi'bly
Miz~d ot said laad ia tee simpl~ tlut tl~e said Mortgagor !us inll power and I~wful ria6t to ooavey tl~e same in fee
simpl! u doree~id: tbat it shall be law~ful tor said Matgagee, Itis heirs. iegal repra~ntatives, ~uoc~ssors and sssigne,
« P~~aY. and quietly to entef npoa. hoid. oeeupr and enjoy said lwd and every pert thei+nof:
tlut said laad 'u iroe irom aU incumbranoea: that said Mortgagor. Ais Mirs. iegal repKSeniatives. snccassors and
i aaisn~, will en~ke sueh fartha aesuranoe~ to pertect the fee simple titls to ~aid land in ~aid Mrotgagee. ' il`
~ his bsin. legal rep~seatatives. soccessors end ~ssigns. as may retsooaMp bs eeqaired: ~nd that said Mortgagor ~
' does hereby [~Uy warr~at t6e title to said W~d and every part thereof and w~71 defend t!~ same againat the ' ,
~ l~w[ul cLims of all peraone whomsoever_ ' ~
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; It is underatood tAat each of the word~. "note... ••mortg~gor•. and -.•moctgagee~• reapectivdy and ths prooonns t
~ referring thefeW. whether in the ainguL~ or plural anywhere in this mortg~ge. shaU be eingular i! one onty ~ad - s
~ aball be plunl jointly ~ad sevenUy. it moe~e than one. and ehall be m~sculine. feminine andlor ~utar, wl~var ~
~ the oontszt so implies or admits. ~3
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i And wid Moetaa~or tor himseH and hu hain. iegd r~xesentatives. suoeeMOes and a~n~, heceby oovenanb ~nd
f ~rees to ~nd witb said Mortgaqee. his l~gal represent~tivee. wcosssors ~nd ~augns: Y=
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` 1. To p~y all and singular the principd and inter~est and the variws ud sundry sume ot ~noney paY~ble by - ' !
~ virtue ot s~id promissory note. ~od this mortgage. each and every. promptly oa the days re~pectivdy tbe sams 1
~ sev~Uy beoome due. A ` _
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~ 2. To p~y dl and singular tbe t~es. as~essments. ievies. liabilities. obligations and incumbrancee of every
nrWr+e and Iciad aow on said described property. ~ndlor that heroaiter mey be impo~ed. euHered. placed. lsvied
~ or asseassd thenupon. andlor tlut here~iter may be kvied or aeressed upon t6is mortgage aad/or the indebtednese .
' eecnrsd bereby. e~eh Rnd every. wMn doe ~nd pay~ble ~ocording to law. bsfore c6ey beoome deiinquent, and
~ bstors any interest ~ttacAes or ~n~ pen~lty is incurred: and in so t~r as ~ny tl~ereof is of reoord the sams sEal! be
~ promptiy wtiafisd and disc6uged ot reoord and the original otfi
'wl docnment Iwch as. for inatanoe. ihe ta: ~
~ reodpt or the atisiaction p~per oiftci~llr endorsed or certifiedl shaU be plaosd in the hands of said Mortgngee
Y wit6in tea day~ ae:t after paYm~~ end in the eveut that any thereof is not so paid. satistied and dixharged.
~ aaid Mortgages m~y ~t any tims pay t6e same or any part thereof witbont waiving or Rffecting any opt3on.
~ ba,. equicy or righ~ uuder or by vircue of c6;, morcgage. and the fnU amonnt ot e~ch ~nd every euch payment ahall
b~ immsdiately due and p~y~bk and shall be~r interest trom the date tl~eot unt~ paid at the nte of tes~ per
- oeaturn par aanum a~ w6st6er witb sueh int~erest slull be seenred by the lies ot this matga~e.
~ 3. To pl~te aad oontinnou~ kNp aa ths buildiagi now or hereafter situate oa said W~d fire and windstorm
insuranos in t6e usual standard polky fona. in a smm ~ot ka tlun tlr amonnt due hereon. in such oompanY
w; a~ oompaniss a~ may be approved by aid Mortgages: and ~11 such insuranos poliaisa on any ot said bu~dings, any
? ioterert t6erein a part tbereoi. in tbe ~ggreg~te sum ~foresaid or in ~ces~ the~~eof. ~lull eontain the urual
itandard awrtga~as elause m~l~ing the loM unda eaid policies. e~cl~ aad sverY. P~Yable to ~aid Mortgagee as his
inten~t m~y appwr. ud e~eh and every wuh policy shall bs pmoa~ptty dstivsced to and held by s~id Mortga~ae:
and. uot las tban tea days in advana of tbs szptratioa oi e~c6 potky. W dslivK to ~aid Mortg~ps ~ r~rRd
~ tMr~ot. tosei6~r with a raodpt ta t6~ premium ot sueh ra?swal: and tbrs si~ll bs no suc6 inaurance pissd ~
~ on ~ny ot said baildings. any interest tberein or part theteof. uni~ in t6~ form atd witb tM bss p~y~ble ar;
~ ato~aid: ~nd in the event sny ~nm ot moaey b~eoma pay~bie undar wich or policie~ and said Marto~ag?~c
~ _ . M h~1~Mf Of TA~°1
y. ~ w 1 M== 'C INTAIi~LE /ELiOMAI MOrti?TY,
~ ~0~292 p~ 981 ~
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