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Home My WebLink About0749 ~ BUILDING "D" ~~'S~~~ IS TH1S MOATt3A(3E DEFD, mads and e:ecuted the 5th ~y June la 78 by Henry Richelsen and Ethel C. Richelsen, his wife of 404~ Eola Ave., Titusville, FL. ` 32780 b~ninatt~ tdkd tM Moctsasor. wdich tana ~haU iaclude ths heira Mgd repre~ent~tive~. euaes~on u?d usigeu ot tl~ said Moccsagor ~rherever tbe conte:t so requires or admita. W TUB'I'I.E REEF AS.SOCIATE& 1NC., P.O. Bo: 618, Jeneen Be~ch. Ft. 33~57 Aereinatter calkd' tAe Mortgsgee, whicA teren ahaU include the aueceaeors and aseigns of the lt1Q MOti~bO MAC~ave~ iuo i:v::uoz~ oJ '.iiy=.:::v.: :i: ~3-.i__. WITNESSETH: That tor devers good and vdusbk considerations, ~nd al~o ia rnnsideratiq~ ot tM aggregate sum named In the promisso~y note of even date herewith hereinatt~ descriDed, tl~e eaid Mortgagor doea hereby ~raat. batgaia, seQ aliea, remiee, release, convey ~nd conC~rm unto the uid Mortgages, his heirs, aueoeesors and aaians, aU the certain piece..., parcel.... or traet.... of 4nd, ot whicR the said Morigagor is now eeir,ed and poaseesed and inattud posaession, situate in the County oi St. l.ucie and Sqte of Fb~ida, dexribed sa fotlnwx Unit Weeks 22 ~ and 23 in Condominium D-12 consi s ti ng of Apartrnent Number D-12 and i ts undi vi ded sn? re ~ of ~~the common elements of Turtle Reef Condominium I, as such is ~ -,described in the Master Form Oeed, recorded in Officia] Recor~s 8:~~;', ^ V V, ~ ~ 263, Page 2002. This is a purchase money mortgage. ~ ' - It is turther agreed between t!?e partie~ to thi~ mortg~ge that, in addition w the terma and eonditions ~¢t ~ rm ~ ~ nut ~erein, it a eonveyance ahou{d be made by the Mortgagor of the premisee Aerein dexribed, or any part a ~;tl~ereot. without first obtaining both the ~rritten consent of the holder hereof. and an as.+umpiioa of thia ~ ~:bbligatioa, ia writing, by tbs oew propo~ed Grantea, then, •nd in that avmt, at the option of the holder hereof, ~ :~without aotice. ~Il sums of money secured l~ereby eAall, immed'uRely aed concurrently with euch conveyance. beoome ~due and p~yabls aad ~aid Not~e aed Matgags shall be in detault. 0 c ~ TO HAVE AND TO HOLD the same, Wgether with all and singul~r che tenements, hereditamente tad ap- , purNoa~ t6ereunW bsbnging or in anywix ~ppeztaining and tAe reversan u~d reversions. ~uinder and rs~ . manlders. retKs. i~we~ and pro5ts thereot and dso aU tl~e estate. rigl~t. titk, interest. PropertY. P~ee~sion. cWm aad denrnd whatsoever as wel! in tsw ~e in equity ot the said Mortgagor in and to the ~ame and every pact and p~rde~l thereof uato the said Mortg~gee. and hia hein. suecessore and assign~, in fee simple. And itid Mortgagor. for himself. aad his heira. kgal r+spee~entatives. ~ucce~ors ~nd usigns. heceby oonveaants with said Mortgagee. .his heir~. lega~ rep~enutives. sucosssors and as~igns. that eaid Mo~tgagor ia indefaaaibly , . seired of said Wrd in fee aimpk: that t6e s~id Mortgagor lus full power and ltwful right to oonvey tl~e sam~e in fee sirnple as afwesaid: tbat it ~Aall be lawtul for said Mortgagee, his heirs. legal representatives. sueceisore aod asaigns. ~ at dl timss pe~eeaMy ~nd quietly to entef upon. hold, aceupy ud wjoy s~id W~d ~nd evsry p~rt thereof: - that s~id land is tree from all incumbranoes: tiut s~id Mprtg~gor. hi+ hsiro. legal repreaeniatives. anccassors and i asaigns. will m~lce such further aaaurae~oa to perfect the fee simpk titie to s~id land in eaid Mrotgagee, ~ his heirs, kgal rapresent~tives. successore and aasiaas. aa may reason~bly bs required: and tlut s~id Moetgagor ~ - do~s l~enby fuUy warrant tAe title to said laad and every part thereof and wrill detead the ~ame againat the ~ • lawfiil claims of all peraons whomsoever. _ ~ • ~ It ia understood tlut e~eh of the word+. "note", ..mortgagor . and ••mortgagee•. reapectively tod t6e pr~awu~ : - ~ reterring thereW, whNher in the singnlar or plurai ~nywhere in thia mortgage, shall be ainguLr it one only aed shall be piutal jointly and aeveraUy. if more than one. uid a6aU be m~sculine. faminine andlor aeater. wM~eva tl~e eant~t so implies or admits. . - And said Mortgagar for himself and his heirs, bgal represenutives. suoeeseors and ~ssigns. hareb~ ooverunts and agrses to ~nd with ssid MortgaRee. his kgal represcnt~tives. aucceseots and assigns: .r• 1. To p~y dl and aingular the prinripal and interest and the v~rioua and sundry aume ot money p~yabk by virtoe ot eaid pmmissory ratr. and t!~ mortg~ge. each and every. promptiy on the days respectivdy the same severally beoome due. 2. To pay all ~nd aingular tAe tu~es, assesnments, kviea, liabiLties, obligationa and incumbnnces of every aature a~nd lcind now on said described property. andlor tlut hereatter m~y be impo~ed, suffered, piaced, kvied Qr assessed thueupon. ~nd/or that h~re~fter may be kvied or assesssd upon this mortgage and/or tl~e indebtednees secured hereby. each and every. Mrhen due ~nd payabk aecording to law. before they became deliaquent, ana before any interest attaches or any penattr ia incurred: and in so far as any thereot is oi record the same ehari be promptly satisfied aad diecbarged ot rooord and the origieal ofticid document Isuch ~s, for u?at~noe, the tu »oaipt or tba satistaction p~per officidly eadorxd or ceTtifiedl shall be plseed in the hande of said Mortgagee w[thin tes days ne:t ~fter p~ymant: aed in tt~e event tfut aay thereof is not so paid. satiafied ~nd disch~rged. said Martgagee m~y at ~ny~~time p~y the same or any part ther~eot wit,hout waiviag or aHecting anY aptioe. lien, equity or right undsr or by virtue of this mortgage. and the fuU amo:int of esch and every auch p~yment shaD bs immediately due ~nd payabfe ~nd ahall bear interest from tbe d~te thaeof unt~ paid at the nte of tea per oentwn per annum and toaether with such interest shall be secur~ed by tbe lien ot Lhis mortgase. 3. To pl~ce ~nd aoatinuaisly ke~p on the buildings now~ or here~tter situate on eaid land fire and windstorm insnrance in tbe usual sundard policy torm, in ~ sum not tess tban tM amount due hereoa ia such rn~a~y or oomp~nks ~s miy be ~pproved by aid Mortga~es: and dl such inaarrancs polides on any oi said buildinga any interest therew or part t6areot. in tbe sggreg~te sum aforesaid or in e:cess tl~ereof. ~hall oont~in t6e wual sta~rd mortgagae clause mtlcing tbe los~ uoder stid policies. each aad evcry. p~yeble to uid Mortgagee as his intere~t may appe~r. and e~ch and every we6 policy shall bs protnptly delivered to usd held by eeid Mcrtga~sec and. not ku tban ten dq~ in advadce ot tbe e~fratan o! e~ch policy, to dsliv~r to aaid Matgases • reenrd ther~ot. together with a rooeipc f~ tbe prsmium ot such renswal: ud tl~are sbdl bs no snch ina~ranca pbc~d on any ot said buildin~s. anr interest tt~erein or paK thereof. unkss ia tbs torm and with cM bss p~Yabie aa afore~aid: and in tM ev~nt any ~um ot moory beoomss p~yable under wch poticy or po ~is~~ ~ pd aaid Mortg~gs~ Ilre~iwd ~,.l+Z.~.i~i~.. M~ h~aw+t 01 Twr eo~293 Pr~~ 7~ . ~~"~„'"a', . ~ ~ _ ~ ~ ~ , s~ . _ . - - ~ - - - - - . . - - _ ~ ~ . ~ ~ ~ _ J ~ - - _.~-V.;-