HomeMy WebLinkAbout0765 ~1.52,Z9 ~ .
BUILUING "D"
THIS MOA1YiAGE DEED, made and e:~cuted tAs15 day of AU~USt 19 78 .
by Edward Wm. Raulin and Jane Y. Paulin, his wife of 756 Naterway-Dr.,
North Palm Beach, F1. 33408
l~ninaitK ulld tM Moet.~aaor. ..hieh csRn shnll iuc~ud~ cM h~r.. k~.! npre.wati~?e~. sueee.~s .nd usisgn.
ot tM s~id M~taa~or wherever ths eonte:t eo reQuires or admits,
W TURTLE REEF A330CIATE3, INC.. P.O. Bos 818. Jensaa Be~cA, FL 33157 ~
Aenin~R~ tallsd' the Mort~aes, which taren shall iaclude tM . sutosssors u~d asaiRna ot the
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WITNESSETH: Tfiat for dev~rar good and valu~bk rnnsideratioos. and also in oousider~tipe ot the ~egate sum
~ aamed in ths pmnnia~ory note oi ewen date herewith h~einatte! deecribed. tbs a~id Mortg~gue does hereby
~rraa~ b~rg~in. ssU. ~lieo. remise. rckase. oonvey ~nd eonfinn unW the ~aid Matg~aee, his Aeirs. suoosesoca and
a~ns, dl the eertain pisee.... p~reel.... or tract.... ot land, of which tlie e~id Mortg~ is now seir,ed and
possssssd ~nd iiuttual possession, aitwte in the County at St. Lueie and 3tate of Florid~, desrn'bed se ic~lL.wx .
~Unit Weeks 3 and 4 _ in Condominium D - 27 _
~onsisting of Apartment Number D - 2~ and its undivided
of the comnon elements of Turtle Reef Condominium I, as such is
described in the Master Form Deed, recorded in Official Recor.:~
263, Page 2Q02. This is a purchase money mortgage.
~ It is iurther agreed batween the parties to this rnort~gs that, in addition to t6e terms and conditaonr sc:
? ouF heeein. if a oonvey~nu should be made by tAe Mortgagor of tl~e praa+see herein dexribed. or ~ny a~.:~
d+ tbereot. without first obt~ining both tM .rrittea coasent of tbe hold~r hereot. and an assumption of :his
'V ~ ob~igatioa, in writins. by ths new proposed Graatee, t6en. and in that even~ at the opcion of the hoider ~~f. /
without notice. ~II sums of monn? securod haeby sha0. immediately and ooneurresdy witb sucA oonvsyance, become
? ~ 3 dn~ and p~yabk ~nd aaid Note and Mortgag~e ahaU De in dehuh. ~`7
= 7o c~
- i N~ TO HAVB AND TO HOLD the aams. together with aD and siqgul~r thr te~enta. hereditaments ~nd a~ ~
o~ patt~o~noer thareunW bsbngiug ~ in anywix ~ppert~aining aad the reversion and re~ver~ions. reauinder ~nd re '
mai~ders. rsnta. i»ues ~nd pwBts thereof and aiso all tl~e estate. right. titk, inte:est. proQerty. possessioa cWm s n d
~ de~ei~ed wlutsoeve~ as weU in law aa in equity of the said Mortgago~ in and w tire same and every part and
_ - aqroal t6ereot uato the said.Mortg~gee. ~nd hia he'vs..auceessors and aasign+. in fee sunpk.
- ~ And s.id Maetaago~. for himseli. aud Ais heirs. kaal ~*aPre~enativea. ~uecessors and assigns, hereby oonvenancs
< with said MoKgagee, hie heir~. kgal represa~tativea. suceepors and as~na, that s~id Mortaago~ is indefe~siblq
~ei:ed ot said land in fee aimpla that tbs said Mortg~gor has tuU power ~ad lawful ri~ht to oonvey the eame in fee
umpM ~s doresaid: tbat it shall be lawrt~il far ~aid Mortgagee, his heirs. le~l rep~entatives. su«esaora and sseigns. . .
~t dl tia~es peaee~bly and quietly W entar upon. hold. occupy and esjoy ~aid Wd ~nd every part theirof: _
tl~at said land is free from ~U iacumbranoes: tlut said Morcg~gor. his heirs. 1cga1 repe~natives. euooeasors aad
I asaign~. will m~ke s~c6 further ~saurinoe~ to perfect the tee simpie title to s~id land in s~id Mrnigagee, _ .
i his l~e+rs. legal representativee. sneoasors and assiaas. as auy reuooab~ bs requQed: and t6at said Mortgagor -
! doee l~teby fully w~rrant the title W said land and every part tl~r+eof and w~l defead t6e aame ag~inst tt~e ~
lawtul claima ot aU per~ons whom.+oever.
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It is understood t6at each ot the words. "note... .•mortg~gor.. ~nd ••mortgagee.• respeccivdy ud the Proooune
referring thereto. whether in the sing~ilar or plural anyw6ere in this mortgage. ~haU be aingular ii ooe on1Y and , - -
ahall be plnral joiAtiy and severally. if more tl~an one. and shaU be masniline. feminine and/or neater. w6erever ; '
the coate:t so implies or ~dmits. . I '
And pid Martg~gor tor himsetf and hi~ heirs. kaa~ represeMatives. ~~s ~nd ~uisas. l~areby covenants ~nd '
} ~gree~ to ~nd with said Mortgaqee. his legal representativea. wcoessors a~ asrigns: .f .
1. To p~y dl ~nd singular the prindpal and interest and tl~e variws and snndry aums ot money PsY~bie bY ; i. ,
virtue ot said promissorY note. ~nd this mortgage. e~ch ~nd every. promptly on the days respectivdy the same : r
severaUy become due. ~
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2. To pay aU ~nd singul~r the tues. asaessments. kvies. liab~7itiea obligations and incumbr~noes ot evay - `r~
nature and kind aow on uid descn'bed propelty. andlor that 6e~eafta m~y be imposed. suffubd. plKed. levied ~
~ or ~seeased theteupon. and~or tlut here~ftet auy be kvied ar assessed upoo this mortgage ~ndror tAe indebtednea~ .
~eturad hereby. each ~nd every. when dne ~nd p~yabk aocat~ding W law, befors tbep become ddinquent, and
before any interest ~ttaches or aay penalty is iacurred: ~nd in so far ~s a~ tLeeeof is ot reoord the eame ehall be
promptJy wtisfied and disehaiged of record aad the oriaind official document Isnch as. tor in~tance, the !az
reoaipt o~ the satistaction paper officially endorsed or certifiedl shall be pla~.'ed 'm tbe l~ands ot aaid :4Sortgas~e
~ within ten days ne:t aiter p~ymeflt: aesd in the event t6at aar thereof is not w paid. satisfied and dixharged.
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aajd Martgagee may at any tim~ p~y the eame or any part tbsreof withoat waivins or affectu~g any option.
~ lien. equity or right und~ or by virtue of t6is mortgage. and the fuII amouat ot eac6 ~nd every ~ucl+ p+Yment ahall
~ bs immediately due aad p~yabk and shall bsar intereat from t6e date L6e~eof nnta7 paid at the rate of cen Fer
~ oanwrn per annum and together writh such intereat shaU be secured by tLe liea of tbis mort~aa.
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~ 3. To pLiee and oontinnausly lceep on tlis ba~7dings now or hetaaft~er sitwte oo said land fve and windstorm
~ insuranos in tbe usual standard policy tocm. in • sum not Ma t6~n t6e amwat due ~ereoo. in such aompsny
or oowpanies ~s may be appwved by ~aid Mortg~~es: and ~11 anch insurance poiieies on anr ot naid bu:ldings, any
~ int~erest therein or part tbereot. in the ~ate sum aforesaid or in ezee~a theeeot. s1uU contain the uwal
~ stand~td mortgagse clause making tbe los~ und~r said policie~. esch and every. P~Yabie to said Mortgag+x as hie
z~ fate~e~t may appear. urd e~ch and every sueh polity shdl be promptl~ debveeed to and 6eid by eaid Mortgag~e:
~ and. not kss than ten days in advanoe of ths ~piration ot a~c6 policr. to deliwr W said ~[artg~aes • rae~+nl
thereo% together witl~ • reodpt tor ths p~aminm of wch rsnsw~l: and tbee~s ~ha8 b~ no suc.6 insa~ranoe pdaaoc'
an ~ny ot ~aid M~i1dL~. anr inteneit tl~er+ein or part thereot. unlsw in t6~ form and wit6 tb~ loss payabk a=.
aforewid: and ia tM sv~nt ~nr. wm of mooey be~~.,r~y~~gs~}~ p~Y a P~~ ~ said Mort~gec
m PeyrnFrn Q[ Taxes
D~M On CIM~ "C" MI~M1p+~ie Personaf Prope~y.
~ gooK293 PAGE 764 ~To~.~,.,~.,~~,s,,.
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