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Home My WebLink About0757 ~S BtIILDING "Q" ~1.5~~~ THIB MOR7'GAGE DEED, made Rnd e:ecutad the 31S~ ot ~y 78 DaVi~d~R. Reed and Kathieen B. Reed, ~iis e o e gegrove ~t.,~a eTTite Beach, by FL. 32937 ~ Mnina[t~ caUsa tM Mart~ajor. whicb teren shaU incbde tM hairs, ksa) rapnee~aiaiive~. ~ut~ora u~d ,rir~;g~u ot th~ sald MoKg~gor wherever tAe conte:t so requiro~ or admits. W TURTL6 RESF AS.SOCIATE3, 1NC., P.O. Bos 618. Jensen BeacA, RL 33~5T hanlnatt~ caUsd' t6e Mortaagee. ~rhieh term ahall incbde tbe succeesors aad aaeigne ot tbe s~id Mortga~es wharever the eontext so roquires or admits. WITNE3SETH: That for dsvero good acd valu~bk eoasider~tana, and aleo in ooasid~atiQri of the agqrrgate aum naa~ed in the promiesory note ot even date here~rith hereieutte~ described, tl~e sdd Mortgagor does hereby ~raat~ bu~in. seU. alisn. remise, release, mnvey a~d co~Cvm unW the aaid Matg~gee, his heits, suooeeaoro and wi~as. d1 tAe eartaiA pieee..., pareeL... or tract.... ot land, ot which~ ti~ sRid Mortgagor ie aow aeized snd poassased ~~d inaetual posxesioa, situate in tAe County ot St. Lueie and State ot Fbrid~, deseribed ~u loik.w~: ~ Un~,t Weeks XX anci 48 i n Condami ni um a2 , consisting of Apartment Number 0-2 and its undivided si~_r_ ~ . ~ ~,,~f ~he common elements of Turtle Reef Condominium I, as such :s ' - ~~escribed in the-Master Form Deed, recorded in Official Recor~s ~ ~ ;~63, Page 2002. This is a purchase money mortgage. ~x . ~y ~ t~t is turther ~greed between the partiea to thie moKgage that, in addition W the term~ and conCition. .e: c ~eeein, if ¦ oonveyance atwuld be mede by the Mortg~gor of tAe premisee herein dexribed, or any y ~pot, without fltet obtaining botA the wrritten consent ot tAe }~o1d~ hereof. ~nd an aasumption ot ;.his ,c obligatios, ie writing. by ths oaw proposed Grantes. then. and in thst eveat. ~t the option ot the boldsr here~f. ~~ritl~aiE notiee. aU suais ot awney secured hereby ahall, immediatety ~ud ooneurrantly with euch conveyance, become due aod p~y~bM and a~id Note and Martgags ~hdl be in defsuh. TO-~ HAVE AND TO HOLD the aame, together with dl aad singular the tarementa, hereditamente and ap partenaf~a~ there~mto bebngiag o~ in anywise ~ppertaining and the reversan and reversioas. remainder and ro- m~inders. ronts. issue~ ~nd profita tl~e~+eof and aleo all the estate. rigAt. titk. interest. Prope+tY. Poss~apn. claim ~nd dem~nd whataoever as well in Isw as in equity ot the aaid Mortgagor in and to the ~ame and every part and pareel tbereof nnto the said Mortgsgee, and his heiro, succ~sors and aseigns, in fee simple_ ~ Aad said Mortgagor. for himsetf. and his heir~. kgal repr~eseatatives, suceessors and assigna. t?eraby convenanty wit6 s~id Mortgagee, his heirs, legal rap~entativss. suceessors ~nd auigns. t6at eaid Mortg~aor is indefeasibly . ~aited ot said land in fee simple; that the said Mwtgagor !ue full power and law~ful right to ooavey the same ia fee •impie as ~foreeaid; that it ahall be lawr[ul tor said Matgagee, Ais heirs, legal represenqtives. successors and aseigns. - at dl times peaceably aad quietly to sater upoa. hold. occupy ~nd eajoy said land and every psrt thereaf: t2ut said land is fr~e hom ill incumbranoes: tlut said Moctgagcx, his heirs. bgal r,ppresent~tives. eucceaeora ~c?d . _ assigns, w~l make sueh further aesurapoeb W pertect the [ee simpie titk to said land in said Mrotgagea, + his 6sirs. legd repreeentatives. sueoessors ~nd ~aaigns. as m~y rwsonabty bs required: aed that eaid Mortgagor doee. hereby fulty w~rrant the titk to s:id W~d and every part t.~aeof and w~7! defend the aame agaia~t the ~ • i-. lawtul d~ime ot aU peraone whomsoever. . _ It ia understood that e~ch of the words. "note", ..mortgagor.. and •.aoortgagee.• raspectivdy and t5e pzvnouns referring tl~ereto, whetber in the singular or plur~l snywhere ie thia mortgege, ahall be ~ingular if one only and ° ahall be plnral jointly and severally. if more than one. and shdl be maeculine. teminine andlor neuter. wMrever t the coatest so implies+ or edmit~. ~ i ~i And ~aid `Martga~ for himself and his heirs. kg~l represertatives. eua~on and assigns. hereby oovenants and ? . ~arees W aad with said Mortga~ee. his {egal reprexntatives. aucceseors ~nd assigne: - ` 1. To p~y all and singular the principd and intet~st and the vuious ~nd sundry sums of money peyabk by c..i ; i~) virtue of said pmmiasory note. and this mortg~ge. each and every promptlY on the day~ reepectively the eame - . ~ lEVdTi~y beCOiM d1IE. ~ ~ 2. To all ~nd ai ' pay ngular the tues, assesamenta, kvies, liabilities, obligations ~nd incumbrance~ of rvery n~ture ~nd kind now on aaid dexn'bed pmperty, and/or that hereak~ may be imposed, euffered, pl~ced, kvied or asses~ed th~reupon, ~ndlor that hereahet may be kvied or asseased upon this aartgage andlor the indebtedneae secur+ed lkreby. e~ch and evety. when due and psyabk aecording to law, before they become delinquent. snd betore any intereat •ttaehes or any peaatty is incurred: at~d ia so far as any thereof ie of reoord the eam ahall 6e promptly s~tisfied and disclurged ot record and the original official docament (such aa, for instaixx, the taz rsos[pt ot the sstisfaction paper officially endorsed o~ certi6edl shel) be placed in the handa ot said Mortgay~ee wkhin tea daya ae:t after p~yment: and in the event that any t6aeot is ~ot so paid. aatiafied and dixharged. s~id Mortgagee may at any time p~y tl~e same or ~ny p~rt ther~eot without waiving or ~Necting any optian. lien. eq~ty or righE under or by virtne ot this mortgage, and the tull amount of e~cA and every such payment ahnll bs immed'ut~ly due and payabk and sh~ll bear interest from tbe data theibot unt~7 paid at the nte of t,en per oeatwn per annum and together with such interest sha11 be secured by the lien of this mortgage. 3. To placs and oontinuously keep am the buildings oow or here~fur aituate on said land 6re ant! ~ric~clawrm insuranee in the usual stand~rd polity (orm. in ~t se~m not less tlun tLe amauat due hereon, in sucA mmpan} or rnaa~nies as msy be approved by said Mortgages: and ~1! suc5 iasur~noe polieies on any ot eaid buildings, eny intetest t6erein or part thereof. in t6e eggregate sum aforesaid or in ezcess thereot. aluU oontain t6e usual standard mortgagee cl~use making tbe los~ under said policies. e~ch and every. pay~ble W said Mortgagix a~ his inteewt m~y appear. and e~ch and every euc6 policy s6all bs promptly delivered to and UeW by eaid Matgagae: and, nos less th~n ten day~ in ~dvaooe ot tbe e~intion ot e~ch policy, W ddiwr to ~aid b[artga~ss • reor+ral thereoi. to~ether with a rscaipt for ths premium of such rsnewal: and tbers sh~ bs no snc6 insuranoe pLco~ 04 anr ot said buildings. aay iuterest therein or part thereoi. unle~~ in tbs tam aud witb th~ loss p~yabJe aR aforowid; ~ad In tbe ev~t anp ~nm of mooey beoomes p~y~bls unde~ auli poticy or po~cies and said Martga,~c f: 1M~'h'rd tn Pst~n+.nt a Tw~ ~c j~.,~3 pact ~~6 a,. o~ c~. McN ~c,~,~. ~.~.o~~~w, . Pvw~rn To chptK 7t. t 3i,. Aas Of 1~71. AOQER t'OiTRI?i CNrk Cfe'a+k Cou~t~ Lyoi~„ 0~„ . . _ - _ _ _ - x n~ Z t. . ~ - - _ _ ,i 5,~~ ~ s s _ i x:~ a . ; - --"r Jy,~'~~~~c ~ ~ ~ - ~ ~ . ~ . ~v5