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HomeMy WebLinkAbout0781 _ l~, 41.5;~49 BUILDING "D" TNIS MOR'['GAGE DEED. made ~nd e:ecuted the 8thd~y of August 19 _ 78 by Charles A. Lloyd, Sr. of 6424 SW 45th St., Davie, FL. 33314 _ F?eranattu ulid th~ Moet~~gor, which term sA~ll include the heirs, le~l ropressntative~, enccesw~s and as~igt?~ ot tM said Mortgagor whe~ever tbe conte:t so requires or admits, co TURTLE RBER AS.SOCIA'TE3, INC_. P.O. Bo: 618, Jensen Beach. Fl. 33~57 Aereiaatter callsd the Mort~gee, which term shaU include the auccessors ~nd assigns ot the • aaid 11lortg~gee wherover the conte:t ~o riquires or admiW. WITNE3SETH: That 'or devera g~ood and valusbk conaidentans, and alao in coneideratiQn ot the ~ggre~te eum eumed ia tAe pwmissor~• note ot even date herre~vith hereinatter deacribed. the uid Mortgaqor doea henby grant, bugaia, ~eU, ~lien, eemise, release, eonvey and confirm unto the uid !1~tatgagee, hi~ Aeirs, aucoeasoes tad aisi~ns, aD the eertain piece.•.. parcel.... w trect.... of tand, ot which the eaid Mortgagor• is now seir.ed, and posesssed and inactual po~~~ion. ~ituate in the County of 3t. Lucie snd State of Fbrida, deacribed aa toUo~s: I Unit Weeks 43 and 44 in Condominium o-14 ,1consisting of Apartment Number D"14 and its undivided share ~ ~ of the cummon elements of Turtle Reef Condominium I, as such is ~ ~ ~ m~ described in the Master Form Deed, recorded in Official Records Book - Q ~ o~ 263 , Page 2002 . Th i s i s a purchase money mor. tgage . ~o. ~ 0 U. o It ie turther agreed betwreen the partie~ to this mortRege that, in addition to the term~ ~nd conditions eet `p c`o out hereia. if a convey~nce should be made by the Mortgago~ ot t!~e premixs herein dexribed, or ~ny part O N thereof, without firat obiaining both the writteri consent ot the holdar hereof, and an asaumptioo ot t6is " obligation, in writiag, by tbe oew proposed Grantee, then, snd in that event. at the optioa ot the hoWer M~eof, A without notice, a!! sum~ of money eecured hereby ~hall, immed'utely and rnncurrently .vith such conveyae~ce, beoome - dne and p~y~bk and said Note and Mortgage ehall be in default. . 'TO HAVE AND TO HOLD the ~ame, together with all and singular the tenements, herediuments and ~p p~lrt~snance~ thareunto bebnging or in anvwix ~ppertaining •nd the revero?on aad nversioae. remainder and rs mamde~e, rents. irsues ~nd profita thereof ~nd slso aU the estate. right. title. interest. PropertY• posseseioo, claim and dem~nd whatsoeve~ as well in law es in equity of the said Mortga~ in and to the same and every part aad p~reel thereot unW the said Mortgagee, end his heirs, successors and ssaign~. in fee aimpk_ And said Mortgagor. tor himself. and hia heir~. kgal represeatative~. ~ucces.+oro and e~aigna. het+eby oonvenants • : ti--- wit6 stid MoKgagce. lua heira. legd reprexntativ~. ~ucceesoro and a~eigns. that ~aid Mortgagor is indete~aibly - seised of said land in [ee aimpk: that the eaid Mortgagor haa tuU powrcr end law~ful right to convey the same in fee simple aa atorenaid: th~t it ahaU be lawful tar said Mortqagee, hia heirs. legal representatives, successoro and •sbigns. . at all timee peaceably and quietly to enur. upon. hold, occupy and enjoy said land and every part thereoi: that stid iand is iree from sU incumbrances; that said Mortgagor. Ai~ heiro. kgal npreeentatives, succeaeors ~nd j asaigns. will nuke sueh further sssuracxes to per[ect the fee simpk title to said land in ssid Mrotgag~ee. I his heire, legal repreaentatives, auecesaora and aaaigne, ss may reaeonably be required: snd th~t said Mortgagor , ; does n~by tuuy warrent the titk to ~aid land and every pert thereot and will defend the ~ame against the . ~ lawfitl cl~ims oi all persons whom~oever. , It is under~tood that each ot the words. "note". "mortgagor" and "nwrtgagee" reepectively and t!~ pronoans ~ referring Chereto, whether in the singular or plural anywhere in thi~ mortgsge, s!?all be ~ingular it one only and ahall be plurd jointly and eeverally, it more than one. snd shall be masculine, feminine and/or oeuter, wherever ~ the eont~t so implie~ or admits. _ • ' ' ~ And ~aid Matg~gor for himxit and his heirs, kgd repr~entatives, suocessore and •ssigna, haeby covenaets and ~ - , ~grees to ~nd witA said MortgeRee. hia {eAal ropresentative~. ~ucce~ora and aeaigns: • ~ 1. To p~y all and sinRular the principd ~nd inttrest ~nd the various and sundry eums of money peyable by ,i virtue of said promiesory note. end this mortgage. each and cvery, promptly oa the day~ reepectivdy the same • xverally become due. ~ • a - . ~ 2. To p~y ~ll and ~ingular the tuee, aaeea~ments. levies. liabilities, obGgations and incumbrsncea of every ~ naWn and Icind now on said described property. and/or that hereafter may be imposed, euffered, plaeed, kvied ~ or assessed thereupon, andror that here~her may be kvied or asseaeed upon this mortg~ge andlor the indebtednese ~ secared hereby. each and cvery, when due snd p~yabk according to la~r, before they become ddinquent. ud ~ before any inRerest •ttacfies or any penalty is incurred: and in so tar as any thereof is of r~cord the same shall be ,-r~~ promptly satisfied and dixharged of record and the original official document Isuch as, for instanca, the t~ ~ roosipt or the satiataction p~per officially endor~ed ar certifiedl shall be placed in the h~nda ot said Matgagee w3thin ten days ne:t ~fter payment: and in the event that any thereof i~ not so paid. eatisfied and discl~rged. said Mortgegce may at any time pay tf?e eame or any part thereot without wsiving or affecting any option. 4en, equity or •right under or by virtue ot thie mortgage. and the full amoant of each and every such payment ahall ~ bs immediately due ~nd payabk and shall bear intenat from the data thereof until paid at the rate of tea per ~ oenturn per annum and togetber with such interest shall be secured by the lien of this mortgege. 3. To place and continuouely Iceep on the bui{dings now or he~eafter aitwte on said land fire and w+indatorm 'zf insurance ia t6e usuai stsndud policy form, in • aum not kas than the amount due hereon, in ~uch ~ny or oompanies ~s may be approved by said Mortga~ee: and all euch insurenee policies on any ot said buiidings. ~ny interest tberein or part thereof. in the aggregste sum atore~aid or in e~oes~ thereof. ~h~U contain the uwal st~nd~rd mortgagee ctaux malcing the los+~ under eaid policies. each and every, payabk to said Moetgagee as hfs mtere~t may ~ppear. and e~ch uid every euth policy sheU be promptly delivsced to 'aad held by ~aid Mortga~ ; ~nd, not .{es~ th~n ten days in advanc~ of the e:pintion ot e~ch policy. to dsliv~r to ~aid btort8~~ • e~eo~v ~Y therwf. together with • rooeipt tor the preauum of such renewd: ~nd t1+ero si~a11 be no such insuran~ PVo~d ~r~ an any of said building~. any wt~erest tl~erein or part thereot. unle~s in tbs torm and witl~ the bss payabie u ~ ators~i~_ and '_w the ev t sum of maxy becomes p~y~bie uader sueh policy or policiss and said Martga~ ~OMM~d ~ ~ ~N~'~Mlt O~T~ Ow On Ga~r ••~••1^tarqtbN Ar~l!'r'o~A4 f~~? ~rQ ~rawntToCn 3JGK.r~~ f~;E tV~ apter 71. 134. Acis Of 1m. _ ~ ~ ROGER PptTAqS ~ ^ /y~ ~-~d"_'" ~S`i la3~isF ~~iGs.l,1 r~ ; ~ t. St. I,u~, f~:,,:% ~ _ - ~ r~?, _ i ~ ~5 " ' a z _ . . . a--