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Home My WebLink About0230 f3UIL0ING ~~c~~ 416`716 ~j / lst Sept 78 ~ THIS MORTGAGE DEED, made end e:ecuted the _ d~y ot ~ 19 by Roy A. Malott of 4800 Archer Ct., Titusville, FL. 3278Q , herein~tter called the Moctgegor. ~vhich term ehall includs tbe heirs, lega! repreeeatative~, sueassoro and aasigeu ot the said Mortgagor wherever ths cante:t eo require~ or admita, to TURTLE REEF ASSOCIATES, INC.. P.O. Ba: 618. Jenaen Beach. FL 33457 Ae~einatter caUed' the Mottg~gee, which term shaU include ths euccessors and as~igns of th~ said Mortgsgee ~rhersver ths rnnte:t so require~ or sdmit9. WITNES3ETH: That for deve~~ good and vstusble coaaiderations, end aUo in coa~ideration of tRe a~regate sum named ia the promi~ory note of even date here.vith he~einafter dexribed, the. said Mortgagw doe~ lunby grant, bargaio. ~saU. ~lien, remise, release, convey a~d conC~rm unto the eaid Mortg~gee, hi~ heire, succe~eors and assigns, aU the certain piece..., parcel.... or trect.... ot land, ot wtich the said Mortgagor is tw~r seised and poassssed and insctusl posxs~ion, aituate in the County ot St. Lucie aad State oi Florida, described u toUowx Unit Weeks 36 in Condominium C'3 consisting of ~ C-3 ~~~ti~artment Number , and its undivided share of the commo~ elements of Turtle Reef Condominiums 1 as such is described in the amended , ~ Nv y~laster Form Deed as recorded in O.R. Book.256, Page 235. • , ~g . ; ° ~ ~ v Thi s i s a purchase money mortgage. - .fl . f ~'o _ { ' ; iu ~ ~t is turther agreed betwcen the pertie~ to thie mortgage th~t, in addition to the term~ and rnnditiom set ~ ~ ~ p . out i hecein, i[ a conveyance should be made by the Mortgegor of tAe prrmixs hercin dexribed, or any part ~ ~ ° ~ the~eof. withont tirat obtainiag both the written consent of the holder hereof, and an s~sumption of this W o D obli'gatan, in writing, by the new propo~ed Grantee, then, and in tAat event, at the option of the holder hereof. ~ ~ ~ wit~out aotice, all aums oi money secured hereby ~ha1l, imm~diately and concvrr~ently with auch conveyance, beooms 1' ~ a dus and payabk and said Nots and Mortgage eh~ll be in de[sul~ w ' ~ - ~TU HAVE AND TO HOLD tbe same, together writh all and singular the teaemente, hereditaments and aR p ance~ thereunto beloaging or in any~ri~e appertaining aad the revenion aad eevereions, remainder and re # ders, rents. issues and profita thereof nnd aleo nl! the estats, right. tet2e, incerest, property, posxssion, claim and .de and whatsoever as well in ?sa aa in equity of the said Mortgagor in and to the ~ame and every part and psrce~l thereof uato the ~aid Mortgagee, end hi~ heirs. ~ucces~s aad a~ign~, in fee aunple. And said Mortgagor. for him~elf, and his heirs. legai rspressntatives. ~ucce~sors end s~signa, hsreby oonvsnanta ~ with aaid Mortgages, 6ia heirs, legal nprexntatives, successo~ aad ss~igns, that aaid Mortgagor i~ iadsteaably ~ seiud of aaid Led in fee simple: that the said Mortgsgor has tull power and lawful right to convey tde ssms in fee eimpls ae aforesaid: that it ahall be lawful for said Mortgagee, his heir~, legat rep~xntativea, eucceaaors and as~igne, { at all time~ pesceably and quietly to enter upon, hold, occupy~ and enjoy aaid lsnd and every part thereof, ~ that said laad ie free from aU incumbrsnce~: that ~aid !~iort c, hi~ hein, le ~ gago gal reprexntatives, succeaeoro and ~ aseigne, will make aueh further a~~urances to perfect the fee sunple title to said lend in eaid Mrotgagee, ~ : his heirs, legal representativee, succe~or~ end as~igns, as may reasonably be cequired; add t6at ~aid Mortgagor does hereby tuUy warrant the title w said land end every part thereof and will deiend the aame againat the ~ i ~awful cleima oi atl persons whom~oever. , _z ~ It ir underataod that each of the words, "note". "mortgagor" and "mortgagee" reepectively and the pronoun~ ~ referring thereto, ~rhether in the ~ingular or plurel anywhero in thi~ rnortgege, ahal! be aingnlu if ons only and shall be plural joustly and aeveraUy, if mora than one, and shall be maeculine, feminine andlor ae~ter, wherever the contert so implies or admib. , Aad said Mortg~g~ for himself end hie heirs. lega{ repres~ntativs~, snooea~on md assigns, 6ereby eovenants and ~ agrees to and with asid Mortgsges. hi+ kgal reprnsentatives. sueee~sors and aesigns: i ~ i 1. To pay ell and eingutar the principal and interest and ths varione ~nd eundry aum~ of money payable by ; virtue of eaid promie~ory note, and tAis mortgags, each and every. promptty on the dsya reepectively~ the saene severally becorne dae. E i[ 2. To pay all and aiagular the t~e~, es~e~sments, levies, liabilities, obligstions and incumbrsnces of every ~ i nature and Icind aow on aaid dexribed property, and/or that hereaites may be impoxd, euftered, placed, kvied ~i or ~e~sssed thereupon, and/or that hereafter may be levied or aasessed npon this mortgage andlor the indebtednes~ seevred hereby. eacA and every, when due and payeble according to law, betoro they become delinquenk and ~j _ befon any interest attaches or sny penalty ie incurred: •nd in eo far as aay thereof i~ ot record the sams shall bs ~ ~ promptly aatiefied and dixharged of reoord and the original offiei~l document (such as, for in~tance, the taz receipt or the eati~fedion paper officially endorxd or eertified) ehall bs placed in the hands of said Mortgagee within ten days nezt aiter payment: and in the eveet that aay thereot is not so paid, satiefied and diachargad, said Mortgages m~y et eny time pay the same or any part thereof witbout waiving or aftecting ~ny option,' lisn, equity or right under or by virtue of thi~ mortgsge, and ths ful! amount oi each ~nd every such payment shr~ll - bs jmmediately due and p~yable ~nd shaU be~r intereet trom ths date tAereof unt~7 paid et ths rste of tea psr centarn par :nnutu and togethar with such interest shall be secured by tbs lien of this mortg~ge. ~ 3. To place and rnntinuouely keep on tbe buiidings now or heieafter sitoate on said land fire and w~indstorm insurance in the u~ual ~tsndard poGcy form, in a sum not less than the ~mount due hereon, in _~uch company : or compenie~ as may be approved by said Mortgages: and all such in~unnes policies on any ot said bu~dings, any ~ l interest therein or part thereot, in the aggregate sum aforeeaid or in euess thsreof, ahall contain ths uwal . ~t~ndud martg~ges claux mslcing the los.• under said policie~, each a~ every. p~yabk to said Mortgagee u W~ ~ intersst may appear, and e~ch and every sucb policy shall bs prompdy delivsred to and held by said MortgagN; - ' and, not leee than ten daye in advance ot t6s e:piration oi e~eb poiic~, to ddiv~ to ~aid Matga~ a nwwal ~ thereot. together with a rsceipt [or tl~s premium of .~uch renswal: and tbers ~haU bs ao snch inn~ranee pl~ord on anr ot aaid buildings. any intere~t tbKein or part thsreof. un1Na in tb~ torm and witk tM low p~yabls u ' ~fore~aid: aad in ths event any snm of moory bscomss p.r.br ~nd.r a~cb policy liciM ~nd sajd Mat~agM Reos+we f~~ v~ym.nc a T.xes r Due On Cta~s "C" ~IWpel~Nnsa~IPirop~rty. - E~R~'~v~ ?'~~f VL1 Pursuant To Chspt~r 71.1~4„ Aets p/ f8~1. . 110GEA POITltl18 ~ ~ r~• G~rk Cka~it r,o1~e~. 1+td~. ao~. ~ - x = - z ~ ~ _ - _ - , ~ _ - _ _ _ = _ i~.~ ~ ~ -a - ~ : ~ : p..~~~~ ~ ~