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Home My WebLink About0238 ~ ~16~,z~ ) ~3 BUILDINC~ "D" TH13 MORTGAGE DEED, made and e~ecuted the22na day o[ A~Q• 19 78 by Ronald Borz and Terri Borz, his wife of 10740 SW 166th Terrace, Miami, FL. 33157 hehinafter talled the Mort~gor, whieh teren sR~ll include the heire, kgal repreeentatives, succes~ors and assigns ? ot the eaid Mortgagc?r wherever the conte:t so requires o~ adtnits, ' ~ to TURTLE REEF AS.SOCIATES. INC.. P.O. Bo: 618. Jensen Beech, FL 3345? j hereinatter called' the Mort ~rhieh term ahd! include the 8a8~• aucce+sore and aeaigns of the ly atid Matg~ges wherever the context. so requires or admits. WITNESSETH: That tor devera good and valuabk rnnsiderationa, and atao in conaid~tiqn of the sgqrc+Rate ecm naened in the promisaory note ot even date here.rith hereinafter de~cribed, the said MortgaRor doea heresy grant, b~rg~in, xq, a4en, rcmise, releax, rnnvey and confirm unto the uid Mortgagee, hi~ heir~, auccesaors ud •ssigne. ~11 tl~e certain piece..., parcel.... or tract..... ot 4nd, oi whicR the aaid Mortgagor is now eeized and posseseed and inattud posxsaion, situste in thP County of St. , Lucie and State ot Fbrids, dexribetl a. ~o11~.r•~ Unit Weeks XX and 34 in Condominium D-22 consisting of Apartment Number D~2 _ and its undivide~ of the com~non elements of Turtle Reef Condominium I, as such d~scribed in the Master Form Deed, recorded in Official Recr~~~~ e . 263, Page 2002. This is a purchase money mortgage. ' . ~ ~ . ~It ia~ further egreed between the partie~ to this martRage tAat, in addition to fhe terms er.d .co~^itioz• - 'n o~ii~ heroin. if a conveyance ~houW be made by the Mortgagor ot the premi~ea herein described, o- a,~ ; ~ thgreot, : without fitat obtaining both the written consent of the holda hereof, and an aaaumpiion ~f c;.is . -~7 opFgatiop. ia writiag, by the new proposed Grantee, then, and in that event. ~t Lhe option ot ihe hoid8r }:e: e~f. ~ without botice, ~11 aums of mo secured hereb shall, immediatel ~nd concurrentl with auch eonv ~3' Y Y Y eyance. beaia~ , ; E, Zlue and ~payabk ~nd aaid Note and Mortgage shaq be in default• " _ ~ . T : . ~ TO HAVE AND TO HOLD the s~me, together with ~11 and aingtilar the teaemeata, hereditaments nnd e~ ' ~ ~ ~urtenanoee t!?ereunto babngieg or in •nywix appertaining and the nversion ~nd reveraions, remaindu and rP ! _ _ • ~ ~ mdnderi. rentaC issues and profits thereot and also aU the estate. right. titk. interest. PropertY. possesaion. claim and (T~ ~i m de~iand : whatsoever as we0 in Iaw a~ in equity ot the aaid Mortgagor in end to the aame and every part and . ~ p~el tieteof unto the said Mortgagee, and his heirs. successors and as~ign~, in tee ~imp{e. And: uid Mortgagr?r, for himselt. and hia heir~, kga) iepf~esen4tives, ~uctes~ore ~ad a~aigna, hereby convenanta ' , with eaid Mortgagee. his heirs. kgal reprexntatives. euccessore and asaigna. tiut said Mortgagor ie indefeasibly ' ~ ' seized o~ said ltad in- fee aimpk: that the ntid Mortgagor has ful! power end law~ful right to coavey tAe ~ame in fee ~ aimpk Js aforesaid: that it shall be law[ul tor asid MortgaRee, hie heira. legal representativea, euecea~or~ ec~d assi~r:s. I ~ it all times pace~bly and quietly to enter upon, hold, occupy and enjoy said tutd and every part thererf: ! that said 4nd is free from aU incumbranees; that said Nortgagor, his heira, kgal represenutives, eucceseors and . ~ assigns, will malce auch further assurenoea to perfect the tee simpk titk to said 4nd in eaid Mrotgsqee. ~ hia heirs, kgal representatives, succe~sors and aaaigna. as may r~sonabty be required; end that ~aid Mortgagor ' E does hereby tully warrsnt the titk W said land and every p~rt tAereof end ~vill defend the ssme ngauut the i lawful claims ot aU per~ona whom~oever. ' ' ~ ~ _ . _ . _ ~ It is under~tood that each of the word~. "note". "mortgagor" and "mortgagee" reepectively snd the pronouns ' ~ referring thereW, w~tiether in the singular. or plura! anywhere in thi~ mortgage, ehall be aingulu if one only and ahsll be plural jointly and xverally, if more thsn one, and shall be mas~,vline. (eminine and/or neuter, wherever ~ the oonte:t so imp6ea or sdmits. s And stid Mortgagor tor himself ~nd his heirs, kgal representatives, auoceesors and assigna, h~reby covenenta snd s agreee to and with aaid MortgaRee. hi~ legal representatives. succes~or~ and assigea: ~ 1_ To pay all and ainguler the principd snd inteTest and the variou~ and sundry sums ot money peyabie by ~ virtue of aa4d promissory note, and thia mortgage, each and every, prompdy on the days reeoectively the aame ~ xver~lly become due. ~ ~ ~ 2. To pay all •nd singular the tuee, a~seaamenta, leviee, liabilitiee, obligations and incumbraaces of every ~ nature ~nd Icind now on said dexribed property, and/or that hereafter may be imposed, auftered, placed, kvied ~ or asseasad thereupon, and±or thet hereafter may be kvied or a~eessed upon thia mortgage and/or the indebtedn~ ~ eecured 6ereby, each ~nd every, when due end payabk according to law, before they become delinquent, e~d ~ before any intereat •ttaches or any penalty is incurred: and in so fer any thereof is of rccord the sar.~e et.aI: bc. ~ promptly satiafied and discharged of record and the original official docnmertt lauch aa. (or ir,rtancx. the vsz ;f receipt or the aatietactioo p~per officiaqy endorxd or certifiedl ahall be placed in the hand~ of aa~d *dort~~ ~ ~ ~ within cen days ne:t_ aftrr p~yment: and in the event that any thereof ie not eo p~id, sati~fied and dixharzed. ~ ~ said Mortgagee mey at ~ny time p~y the eame or ~ny part thereo! ~vithout ~vaiving or sffecting an; o~•~; .n. p : lien, equity or right under or by virtue of this mortgsge, aod the tull amount of each and every such pay:nent +haL ~ 3 - bs immediately due and p~yabk ~nd alull bear interest from tha date t!?ereot until paid ~t the rate of ten ~w ~ ~ h~ ~ canturn per annum and together with euch interest shaU be ~ecured by the lien ot this mortgege. ~ ~ ~ 3. To place and continuously keep on the buildings no~v or heresfter aitu~te on eaid land fire and windaL~rn+ ~ A~ ~ ~ ~ inauraace in the usual standard policy form. .in a sum not kss than the amouat due hereoa, in such co~ysny- t~ ~ ~ ~ or companies as may be approved by eaid Mortgagee: snd aU euch insuranoe policiea on ~ny ot said buildinga, nny ~ ~ interest therein or pert thereof, in the aggregate aum aforesaid or in e:ce~ thereof. ~hell contain the uaud • _ standard mortgagee ctsuse maicing the los~ under eaid poticies. each and evdy. peyabk to ~aid Mortgagee aa hia ~ 3 ; interest may appe~r, and each and every such policy sball be promptly delivered to and hetd by said Mor:gag ,r;. and, not les~ tlun ten days in advance of Ehe e:p'v~tion of e~ch policy, ta deliv~r to said Morig~gee ~ s•~e.~1 $ ~Y thueot, togstAer with • rooeipt tor the premium of euch renewal: and tbere aAall bs no auch insurEace pia~~' •'y' ~ ~ on any of eaid buildings, any int~srest therein or part thereof, unkse in the torm and with tM baa ~a~a~°e . ~'~-Q ; atoresaid: and in the evsnt any sum of money becomea payable under such poliry or policie~ and ~aid Mor.,-a,;~- ~ ~ . _ . ~ : ~o~~ 294 P,1GE 238 - • F . . _ _ " ~ ~ ~ ~ _ ~ -e%Cl; £~4 .-.i + - ~*~3a'L~,~.,''~"-.-i"~ ~.9~`._-.~l„Y e^l, ~C'~.~,a /ri4 . _ . .«C.t4e~s,~'.4~`~ ~'~c..'~