HomeMy WebLinkAbout0797 _ ~t.52~9 ~
. , SUILQING "D" ~
THI3 MORTOAGE DBFD, mads and executed the 14 d~y ot May 19 78 _
ey C, Robbie Spencer and Frieda S. Spencer, his wife of
P.O. Box 1134, Jupiter, FL 33458
b~inalt~r cail~d tM Mortp~ar. whicb tetm sAaU includs tM Aeirs. {e~sl npre~e~t~tives. suoo~on ~nd wigns
ot tM ~aid Mortga~or wb~ref tbe conte:t so requires or ~dmfts,
W TUR'1'LS RESF AS.SOClATE3, 1NC., P.O. Bo: 618. Jenseu Be~ch. FL 3345T
A~ninattar calld' tM ldort~~ss. whicA tarm ~hall iaelude the suocessors and assigna ot the
atid Mo~ases wAerevar the eonte:t so _requires or admits. -
iVTTNESSETH: 'llut Ior devers good and valuaDk ooasiderations, ard aleo in tonsidentipn ot the eggreg~te eLm
n~msd in the promissory note ot even d~te Aerewith hereinafter deacribed, t6e sdd MortBaRor doee hereby
6~~• ~~n. ~1. alisn. remise. release, rnnvey and rnnfirm unto the ~aid Mortgages, his heira, ~ueeeseors and
a~a~~. dl t1~e c~rtain Piece.... parcel.... or tract.... ot land. at whicl~ the said Mortgagor is now neiaed and
posssseed and inaetu~l possesaion. ~itu~te in the County et 3t. Lucie and State+ oi Fbrid~, described r. foii~.r.
'"Unit Weeks 49 and 50 in Condominium D 20
• consisting of Apartmer.t Number D 20 and its undivided ~~::r=
~ of the comnon elements of Turtle Reef Condominium I, as such
~~~~-~~~.prf ?n the Master Form ~eed, recorded in Official Recorc~.
oa .
2~3, Page 2002. This is a purchase money mortgage.
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~ its is fiuthe~ agreed between the parties to this mortgage that, in addition to the terms and con~itionr _ /
~~t I~ein, if a ooevey~nce ahould be m~de by the Mwtgagm?r of the premiees herein dexribed, or any al: ~
_ , ~ersot. witlaut terst obtaining both the wrritten consent ot the Midar hereuf. and an ~asumption ut thia r~
oWi~tion. in writins, by t6s aew proposed Grantee. then, and in that event, at t6e optan ot the hoideT here-~f. r ~
de
' i witMut notice. ~Il sums of a~oney secured I~ereby sha0. immediately and coneurrently with such oonveyana+. ~me tr~. -
due.and p~yabls ~nd wd Note ~nd Mortsage shall be in defauli. .
TO HAVE AND TO HOLD tbe ~ame, t,ogethet with all ~nd aingular the teaements, hereditameate and ep
putt~en~ tlierounto bsbnging or in anywise appertaiaing ~nd the revers~on aad e~ever~ioae, remainder acd re
~ m~ieden, rsnte. iasuea and profits ther~eof and aL~o dl tbe estate. right. title. intertM. ProPe*tY: Posseeaion. cLim and
dea~atd wbataoever as well ia 4w ~a in equity ot the said Mottgagor in and to the same and every part snd
parosl theeeof unto the said Mortgigea, end hia heira, aucceseots and assign~, in tee simpk.
And said Morta~gor. for hitn,setf, and Aia heir~. kga! repreeeotatives. ~ucce~ors and assigns, bereby convesunta
with said Martgages, his be'vs. ieg~! repre~enutivea. successon and saaigns. that said Mortgagor is indefesn'bly _
esi~ed ot said Wrd ia tee simpla that the etid Mortgagor has tuq power and lawtul right to coavey the same in tee
simple as atoresaid: tsat it ahaU be tawful for s~id Mortgagee. his heirs, tegd repeee~ntatives, succeasora and ssaigne.
at alt tia~es pe~teaWy ~nd quietly to enter up~oa. hold. oceupy and enjoy s~id land and every part t}~ere+of:
that said land is tree from ~ll incnmbneces: that said Mortgagor. his heirs. legal repreeentatives. successore and
assiga. ~rill tnake soch further ~s~u~ae~oes to perfect tl~e fee simpk titie to said land ia said Mrotgagee.
his beirs. leg~l represent~tives. auecessors u~d assigns. ss mry r+easonRbly ba r+equired: and that eaid MortgaRor
das bereby fullp warrant tbe title to eaid land ~nd every part tl~r+eof and will defend the same against the
lawful claims ot aU persons whomaoever.
It is understood that e~ch ot the word~. °note... ..mortgagor" and ~•mortg~gee•. respectivdy and tl~e prooouns _
referring thereW. whether in thc ~ingutar or plural ~nywhere in thia mortgage, alull be singulu it one only and
shall be plurd jointly aad xverally. it more tAan one, and sAall be maetuline. feminine ~ndlor aenter. whs~ever
the tont~t so icnplies or admit~. - .
_ .~y
And raid Mortgaaor tor Aimeeif and his beirs. bgal representativea. suotessors and assigas. henby covenants ~nd ~
asrees to and wit6 said Mortg~gee, hia legal representatives, successors ~nd asaigne:
1. To p~y all and singular the princip~l and intrrest and the various and sundry sums ot money payable by _
virtue of said pmmissory note. ~nd this n~ortgage. each and every. promptlY on tl~e days reepectively the same .
~everaity beeome dae. . ~ _
~ 2. To all ~nd ei
p~y ngulu t6e tazes, aasessmente, kvies, liabilitiee, obligation~ and incumbrance~ of every
nature and kind eww on said described property. endlor th~t 6ereafter may be impo~sed. suHered. plaeed. levied .l.
ar tesesred t6erenpon. and/or that heie~fter m~y be levied or assessed upon this mortgage andlor the indebtednese
secured hereby. e~cb ~nd every, when due ~nd p~yabk aecording to {aw. 6efore tbey become delinquent. end
before any interest .ca~~ or .4r ~.tcr ie incurred: and in eo fu as any theteot is ot record the same ahal! be
promptly aacisfied and discharged ot record and the original official document (euc6 ~s, foc ir.etanoe. the taz
eec~eipt ar the satisf~ctioa pRper otficially endoreed or certified! sball be placed in the hande of said Mortga~
within ten days ns=t ~fter p~yment: and in the event tlut any ti~reot is not so paid. eatisfied and dixlursted,
~aid Mort~agee ~y ~t any time p~y the ame or any p~rt thereof witlx~t waiving or affecting uny op~an,
tien, equity ot right unaet or by virtue of this mortgage, and tbe (ull amount of etch and every anch payment ahsli
bi imiasdiacelq due ~nd payabk and aha!! bsar intereat from the date tl?eieof until paid at the rate ot ce~ ~r
oenwrn per annum end together with euch interest shall be secvred by the lien of this mortgag~e.
3. To pl~cs and oontinnously kesp on the buildinge no~v or hereafter sitwte on eaid land fin and windatorn
insur~nc~e ia the uauel ~tandard policy form, in • smm ~ot iess than the amount due hereon, in such oam~?~ny
or coQ?p~nies as ~y be approved by s~id Mortgagee: ~ad all snch insorance poticies on any of said bu~dinge, any
incerest therein or p~tt tbereof, in tbe aggreg~te sum afonsaid or in ~cess thereof, shaU oontain the usual
itandard mortgagee cl~uie a~kiag the losr unda ~aid po~iciea. e~h and every. p~Yable w said Mortgagee as hig
intenstt way appsar. and Mcb ~nd every sueb policy ahaD be ptempt.ly ddivee~ed w and held by eaid Mortqsgae:
and, not kss than ten day~ In ~dvanoe of tbs e~'vatioa of e~ch po~cy. Ro d~liwr to ~aid Mcrtgaaee • reosRal
thenol. tesetber witb a re~eipt far the pre~aium ot suc6 renewal: ~nd tMes ahatl bs no eucb insurenoe pL~c'
on anr of uid buiWings. ~ny iatecest ther+ein or part thereof. unls~s ia tbs torm and witb tl~s bae payabio pR
Jore~aid: and in cM eva~c .nr nua ot mooey becomes payable u~p~isr .w~ch poUcy~;~~~ ~~es .nd eaed Mor ~ :
n~cst •""~~,'4, In Paymern Of Taxes ~
~ On Clsss "C' Ints ible Personsl ;
5ao~ 293 P~ ?9fi ~ To G,.~ ~ a ,e;; . .
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