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HomeMy WebLinkAbout0810 r' BUILOING "C" 4t.5~9 THI8 SIORTOAaE ~EEO. enad~ aud ss~cut~d tM ~1_d~y ot 19 Tg Lan~y_ E. Mauldin and Barbara F. Mauldin. his wife ef 39(1 (lr~lan~ln Rlvcl_ ind;~~Gntis,~ FL. 32903 Mnia~tt~ callsd tM Mo~tp~. whie~ t~m sl~all Inelud~ ttM 1Nir~. M~a~ np'~nt~tiw~. wecawon and ~ ot th~ ~aid Mort;a~or wl~vK t!M oont~rt ~o e~squirw ar admit~.. to'TU1tTLS REEF A390CIATE3. 1NC.. P.O. B~ 6I8. Jeasa~ Be~eb. FL 33~b7 ~ Mrsiaatt~ ca14d' the Mo~t~es, whicA t,~tn ~l~all inch~d~ tM wccwon and asdgns of tM M14 MO~L~M ~IIIOhYaf tM Cw~ieai su ioy..:iw '`w' ~~••«..t:« WITNE33ETN: 11ut ta devers good and valu~bk eon~ideratioos, ard ~lw in eo~uide~ation ot ths a~re~te sum tu~med in the promiewry note of evea date heeewith herein~iter de~ibed. t!?s ~aid Mortg~g~nt doss Mreby 6ranc, barg~in. ~ssU. ~tisa. remise. rolsasa oonvey a~ad eonfirm uato t6e s~d Mortgages, Aii hei*s. axeeMOes aad esiiaa~, all the tert~in pieee.... p~rcel.... or tract.... ot W~d, of Ntieh t6s aid Mata~ b now ~sised and posse~sed aad inactual possesaan, aitpace in the County of 3t. Lucie and Suts of F{orida, desrn'bed u foUow~ . ~ Unit_Weeks 32 in Condominium ~'20 consisti~g of Apartrient Number C-20 , and its undivided share of the conman elements of Turtle Reef Condominiums 1 as such is described in the amended Master Form Deed as recorded in O.R. 6ook 256, Page 235. This is a purchase money mortgage. ~ It is further ~greed becween the paKies w ttis mortgage that, in addition to the terms and eonditioas set out b~refn. if a eonvey~nee shouM be made by ths Mortgsgor of ths prsmisss hareia desaibed, or Rny psrt tAer+sot, without Rrst obtaiaing both tAe written owuent ot the M1der heeeot, and an auuanpcioa of tlus h. obUgation. in writing. by the new propo~ed . Grantes, t6en, and ia th~t event. at tbe optioa of the boider hereaf. ~ witbout notice. all sums o[ money seeured l~er+eby alu11. immediatehr and ooneurre~dy with sueh oonveyanes. beooms dw and p~Yabls u~d aid Note ~nd Matgage ehall bs in dsf~uh. /Y TO HAVE AND TO HOLD t6e sama wgetAer with all and smgular cbe tao~nsnts, be~editamez~ts and a~ pu:tanances therwnW balonging or in enywrise appertaining and the revereion ~nd revataion~. rsmainder aod ra maind~s. rents. i~suet and profita thereof and also all t6a estats. rigRt. tiile. int~rest. pe~operty. possession, claim u~d demand w6atsosver as wall in law as in equity of tbs ~aid Matg~gor in and -Lo thc same and every p~rt urd parost thereof uato tM said Mortgagee. and his heirs. succswors aed assigns, in tes simple. ~ And sai~ Martsaaor. tar himself. and his hein. IKaI ri~pte~~ntatives. snooe~sors and as~isn~. 6er~ ootw~ee~ats . with said Mortgagee, his beirs. kgd rep~sentative~. sucewon ~nd ~ssians, that aid Mortgagor is md~[eaa'Wy ~ aeised oE ~aid land in tee aimpk: that tM said Mortg~aor 6u tuU power +md lawlul rl~ht to taavey tbs rams in fee _ simpie as aforssaid: that it shaA be lawrful for wd Mortg~gee. I~L beits. 1aga1 eep~eMntativ», a~ors ~ad assigns. at all times pe~ee~bly and quietly to enter upoa. hokl. ooeupy tad enjoy s~id land ~nd everY P~rt theeeof: tlut naid land is tree [rom •0 ineumbranoes: t6at said Mo~tg~~or. 6i~ I~eirs. iegai reprbseatatives. suaeesors eod ' a~signs. will maEe such further assurinoes to pertect the fes ~imple tiEie to said land in said Mrot~ages, his beirs. legal representativ~. successore rnd aasigna. as may re~ioo~bly bs required: and tlut eaid Mortgag~or . does l~rsby fully wunat the titk to said land and every ptrt tbee~i ~nd w~71 defend the sams against tAe ltwful clainns of all persons whomsoever. It is underatood that e~ch ot the words. "note... ••mortg~aor.• and ••tmortgaaee.. respectivsiy and t6s pta~oun~ . reterring thereto. whether in the singular or piurd ~nywhers in this inartgage, shall be singnlu it one ody and slull bs plural jointly and sev~ally. if mab than oae. and aball b~ murnlin0. feminine andlar neuter. wbarever ~ the oontezt ao implisa or idmits. i And sdd Moet~~ !or him~elf aad Iw heire. Mpl r+spr+~tatiwr. ~onwor~ and aw~n~. Me~sby oovsnants and ~sr+~sr to ~nd wiih aaid IrlortR~Bee. his {egal rep~*Matativ~. wo~o~s and wi~: 1. To pay ~11 and singulu the principa! and 'mteee~t and tM vadoa~ aad sundry sums ot monsy p~yable by . virt~e of said promi~sory aote. and thia mortgags. e~cA and ewry. peomptty oa the days respeetivaly the s~me severally .beoome dw. - Z. To p~y a11 and singultr t6e tases. assesament~. Isvis~. litb~tis~. oblisationi and ineombnnoss of svery oature and Itiad now on eaid descriDed property. andlor tl~at benatLer m~y b~ impoMd, snHered. pl~osd. lsvied or epe~ssd thereupon, andlor t!?~t 6ereafte~ m~y bs lsvied or as~d apon t6I~ matgage and/o~ tM ind~btedoea ~ecured 6enby. e~th and evary. wMn dne and payabM ~otordint W law, bdot~s tbep b~oom~ dslmqueot, and bsfore my intera~t attache~ oT .nr ~o.icr ~~n.a: a~ ~~o hr as aa~ thR+eof u of record tM am~ ~MII bs ' promptlr satitfisd and dis~cbargscl of recard ~nd ths oriainal oEBci~l doe~at Isuc6 u. for in~tanos. Lhs t~s noeipe or t6e wtistaetion p~psr otfidalty endor~sd ar e.ertifi~dl ~11 b~ pl~ad in t6s hands ot aW Ma~t~a~s ..ishio c.~ a.y. n~c .tcer p.ym.oc: .na m cb. e~?.,oc ch.t .nr cb.t.ot i~ noc .o p.~a. ..ci,s.a .na a~,ch.r~ea, .aia Morsg.ges ma.y ac .nr ~ wr cLs .~ms or .ny ~t :eirwt wicbooc ...jv;aa or .tt.ctina .ny optian. tira puity or rigLt nnder or by virtt~e ot this mott~ga. and t6s fuII amannt of Mc6 and eve~ suc6 p~ymsnt ~AaU bs immediately dus and p~yabls ~nd sbaU bMr inta~st from t6~ daq t6~rwt mttl paid at tbe nce ot ten pr osntnrn par u~num and togetbee with such interest ~6~I1 b~ wcvr~d bq tb~ liea of thit arortgags. 3_ To pLos and continuausly Ice~p on t6e bw'ldin~s naw or b~it~ ahuts on s~id land fire and wind~t~n insuranos in the usual standard poliey fonn. m~ wm not Ma than tl~ amaunt dae hKeon. in md~ oomp~nr or oaapanie~ a~ may be ~pproved by a?id Matp~c aad at1 w~ nwnna pdic~w on any oi ~aid b~ildin~s„ aa~ intawt thersin or part tbe~eof. in tbe ag~resate wm ~fonsaid ar in u,o~ tMnof. shdl coatain tlr owW ~adard mortsa~ clause m~lcin~ the iwe und~r said policw, e~ aad rve~. P~Y~Ws to s~id ldortsaps ~s hi~ int~eMt may ~ppe~r. and ~ieh and ~wq? ~ueL pdky ~6d1 b~ peomptb drfvre~d to ~nd h~id b~ Mid ~Iortpprc • and, not 1~ tLan ten d~ys in ~dvana of t!w apiratioe d we6 polie~. te ddiwe to wid ltorts~ • ew~wd tAw+wt topthK wit6 a naipt tor tb~ perminm d arb r~o~w~i: ~od tlwn ~11 b~ no peh fnwraaa Di~ad 00 ~ ot ~aid buiWinp, aap int~rMt t6~rio ae p~rt tderot. aei~ ia th~ tam ~ad wlt6 tL~ loa pay~bie u ' ator+Mid: ~od in t6s ~v~nt w w~m d mory b~oomM p~pabl~ nad~r wkL poliey o~ polieiM ~nd Mld i[atpjM INc.tv~d ~ _~i~ M1 lr~l ~'[M . . Ow On Ctas~ •'C• 1nta~~1~ h~r~~ , ~ ~m To Chapt~r 71, 1~4. Aa1sOf ~ f~ ' e ~c~ ~.~.93 FacE c~(~ ~ i~OGER PqipAs faart Gkc++N Cout4 ~t. l~ioi~, Co., p~,. ' . _ _ - - - - - - - - a a ~ x.. , ~ _ _ - n_ ~ ~ ,