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Home My WebLink About0773 . , DUILDING "D" ~-~5~'44 . THIS M~RTGAG~ DEF.D, made ind e:ecuted ti?el~th day ot _ Ju~y 19 78 CHarles A. Reilly and Yictoria M. Reilly, his wife of 8805 SW 1$3rd Terrace, Miami, FL. b~ - ~ 33157 Mninatt~r called th~ Mortgagor, which term ~haU include the hev+, k~l repreesntatives, eucceswrs ~nd wign~ ot ths ~aid Mwtgagor rvherever the conte:t so requirea or edmit~, to TURTI.S RF.EF AS.SOCIATES. 1NC., PO. Box 619, Jenxn Be~th. FL 33457 hehinaiter ealied the Mortg~gee. ~vhich term aiuU include the successors ~nd asaigns oi the li~0 ttilo~L(~~gep wlnerevet ai~e toui.cai a) ~ryua~ee w.unuCe. - WI7'NESSETH: '11~at tor devera Rood ~nd valuabk consider~tions, and al~o in consideratiqn ot the aggte~te eum natned In the promissory note of even date herewrith hereinafter de+cri6ed, the eaid Mortgagor doea herebq 6rant. bargaia. seU. dien, rerrti~e, releax, convey and tonfirm uoto the ~aid Morigagee, his heus, aucceasprs and a~siaus, ~11 tAe cartaia piece..., parcel.... or trect.... ot land, ot ~vhich tM said Mortgsgor ia now eeized and posssesed and inartu~l po~+e+sion, eituate in thP County of St. I.ucie and State of Fbrida, dexribed es foUo~r~ Unit 4~eeks 31 and 32 tn Condominium D-10 consisting of Apartn~ent Number D-10 and its undivided share ~ of the common elements of Turtle Reef Condaninium I, as such~is described in the Master Form Deed, recorded in Official Records Book ~?;53, Page 2002. This ~s a purchase money m~rtqage. : ,.,.J ~ - i _ r~ ~ 11 ie fuKher agreed betw~een the partiea to thi~ mortRage that, in addition to the terms snd conditiona set ^ ~ut berein, if • conveyance ~hould be made by the Mortqagor of the premi~ee herein dexribed. or any part n`I ri ~ ; ~ i. without fv~t obtaining both the w~ritten consent ot the holder hereoi, ~nd 'sn aseumption ot t6is ~ ~ ~p ~~Ibb'~ga~tio°. in writing. by the new proporbd Grantee. then, end in that event. at tAe option ot the holdu hereof, ~ritliout notice, tll eum~ of money secured hereby rhall, immediately end coneurrently w+ith ~uch conveyance, t~ecome ~~~e and p~yabk and said Note and Mortgage ~hdl be in deteult. ~ ~ TO HAVE AND TO HOLD the ~ume, together w~ith e!1 snd singular the tenemenL~, hereditamenta snd ap- 1 thereunto bebnging or in anv~rix •ppertaining- and the reve~~wn and rever~ions, remaindet and re- rents, issues ~nd profits thereof and aleo eU the esute, right, title, interest, property, posee~aion, ~y~im and whatsoever as weU in lawr ss in equity o[ the said MoKgagor in end to the aame and every pect and • p~tce}~thereot unto tbe uid MortRagee, end hi~ heir~. ~uccesaors snd as~ign~, in fee simpk. A~d s~id Mortgagix, tor himxlt, and hi~ heira, leg~l representatives, ~ucces~or~ and saaigna, hereby oonvenante wit6 .s~i~d Mortgagee, hia heir~. le~l reprexntative~, auccessors and a3siRn~, thet said Mbrtg~gor ie indefessibty ' ssited~ot said land in tee simpk: that the said Nortgago~ haa fuU powrer and lawl~il right to eaavey the a~mc in fee aimpk as aforeaaid: that it ~haU be lawrful tor ~aid MortRaqre, hin heira. legsl'repreeenUtives, eucces,wra and aseigns, at aU timee p~cably and quietly to entrr upon, hold, occupy and enjoy said land. and ev~ery psrt theteof; that said land is free from all incumbrances; that said Mortg~g~or, hia heu~. leqal representatives, eucce~eora ~nd V aa~igns, will ma1~e auch fuether assuvancee to perfeci the fee ~impk titJe to ~aid lsnd in eaid Mrotaagee, ~ his beirs. Iegal reprexnqtivts, sucressors and as~igna, as rruy reaeonably be required; and that eaid Morigagot - does hereby fuUy warrant the title to ~aid land end every part thereoi and w~ill defend the same egainst the ~ ' lawfiil claim~ ot a0 per~ona w6omsoever. ~ ~ ~ " . It is understood that each ot the ~vord~, "note", "moKgagor" end "mortRagee" reepcctively ~nd tbe pronouns ' referrin thereto. ~rhether in the ~in ler or lural any.vhere in thi~ mort a ~ - . i~'. B 6u P R 6'e. shaU be ~ingutar if one only and - ~haL be plurai jointly ~nd severally, it mere than onr, and ahall be rr~xuline, feminine an~lor oeuter, wh~erever ti~ contest so impliea or admit~. ' ~ And said Mortgegor for himeelf aad his heirs, lega! repreeertativea, succeeeora snd ~ssiqns, hereby covenante and •grees W ~nd with ssid MortRaRee, hi~ leqal reprexntativea, successors and aasiqn~: I. To pay all and ~inRular the princip~! end intenat and t'~e variou~ snd svndry aums of money payable by ~ virtue of aaid promiasory note. aed this morigage, each and every, promptly on the days respectivdy the aame ~ ' 1; severally become due. ~ - ~ 2. To pay all end singular the ta:ea, esxssment~, te~les. liabilities, obligations end incumbraace~ o! tv~y ~ ~ naturo and lcind nos on seid de~cribed property, and:or that hereafter may be impose~, euitered, placed, levied , or assessed thereupon, andror that hereatter may be levied or •ssessed upon this mortgage nnd/or the indebtednese secured h~reby. each and every, when due and payebk according to law, befon they become deWpuent, wd befors any interest attaches or sny pena,tY is incurred: and in so far sa any theneof is of retord the same sha11 be prompily satiafiad and di~chsrRed of reoord and the original of6cial document leuch as, for inatanca, the ta~[ recaipt or the aatiafaction peper of~cially endorsed or cenifliedl ehall be pltced in the h~nds of said Mortgagee witlun ten days ne:t after payment; end in thq event that any thereof i~ not eo paid. satisfied and dischatged. s~id Mortgagee may at any time pay the eame or any part Lhereof .rithoot ~vaiving or afferting any aption, lien, equity ot right under or by virtue oi thi~ mortgage. and the full amount oi each and every ~ch payment shall be immediatety due ~nd payable and ahsll bear intereat from the date thereof until paid at the nte of ten per esnWn~ per annum and together with such intereet ahaU be secured by the lien of this mortgage. 3. To place ~nd continoouely keep on the buildings now+ or herestter situate on said land 6re end vrindstorm insurae~ce in the usual standard policy form, in e sum not le~s thsn the amount due hereon, in such oompu?y or ooenpanies as may be epproved by said Mortgagee; snd all auch insurance policies on any ot said buildings, an Y iaterest therein or part the~eof, in the aggregate sum aforesaid or in e:ceas therrof. ~heU contain the usual stand~rd mortg~gee daux malcing the los.• under eaid policie~, esch and evety, psyabk to ssid Mortg~gee aa hi~ interert may appe~r. and e~ch and every auch policy shall be promptly delivered w and held by said Mortga~ and, oot less t6an ten days in advsnce of the e:p'uation ot ea~ch potiey, to deliv~r W uid Mortgagss ~~e~wd tber+so(, together with a recript for the premium of such renewal: and there a6all be no sueh ins~u~anee pl~ed an aay ot said buildings, any intereat therein or part thereof, unkas in the form and wit6 ths bss p~yabie ~e da~id: _~nd in the event any sum ot money becomes p~yebte under wch policy or policies and aaid Mortg~~ Racatreo s~Lf s,,,,~„-'~ P.~ni or rexe: goeK~93 vaGE ~ ' ~w o~ c~,..••C•,M.rq~SA.A«,.~P?op~n,?. runu~ 7o Ch~pt~r 7i. i84~. Aas Of 1~7t. ~ ! ROGEp P~01TiiA8 ~ # at. L~oia a: = - , _ , ~t- - - C~ric ClrvWt Cpsy ~ ~ ~ _ _ _ - - ~ ~ • ~ - - - : . _ •