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Home My WebLink About0254 BUILDING "D" 416~'31 ~ 78 THI3 MORTGAGE DEF.D, made •nd e=ecuted the 26th day ot AJ9 ~ , 19 _ by June V. Collins of 121 SE 7th St.,Pompano Beach, FL. 33060 l~aninafter called ths Mortgagor. wAicA term shaU include the he'v~+, k~l repressatatives, eucesswrs and usign~ ot the said Mortgagor ahereve~ the conte:t so requirea or ~dmits, to TURTLE REEF AS.SOCIATE3, INC., PO. Bo: 618, Jensen ~each, FL 33457 heroinatter called~ tAe Mortg~gee, which term sAaU intlude the ~ succeaeore and a~aiga~ of the said Mort~gee wherever the conte:t so requires or admita. WITNESSETH: That to~ dever~ good and valusble ~conaideretiona, and also in conaideratiQn ot the sgqreqste eu aamed in the promissory note ot even date here~vith hereinafter dexribed, the eaid MoctgaRor doee grant, b~rgaia, se4 alien, remise, release, convey and confirm unco the ~aid !Nortgagee, his heira, a d assigas, all the certain piece..., parcel.... or tract.... ot land, of which the said Mortgsgor ia no ae' al~ posaeased ~nd insttusl pos.xssan, situate in thp Couniy of St. Lueie and State ot Rloride, deecri . ~ fo ~Q • J?•~ Uni t Weeks 36 and ___37 _ i n Condomi n i um ~-30 ~ o, ccns i s ti ng of Apartmer. ~ Number D__30 and i ts undi vi ded ~ . of the common elements of Turtle Reef Condominium I, as such ~ ~ 6 ' ~ o. L 'd~SCribed in the Master Form Deed, recordec ir. Officiai Reco~~~ ~ ~ - t 263, Page 2002. This is a purchase rr,oney r~ortgage. y~~y ~ ~ ~ md - f'~~ ~ c m It ~ is further agreed between the perties W thie mortReqe that, in addition to the terms end CGh^_lll0;~' . ~S. aq~ he[ein, if a conveyance ahould be made by the Mortgagor of the premiaee herein described. or aay a.-' y~.~i3reot, without firat obtaining both the ~rritten con~ent ot the Iwld~ hereot, and an assumption of ::~s ° a~igation, in writing, by tbe ne~v proposed Gnntee, then, and in thst event. ~t the option ot the lx3I3er i:e:e~f. e~i~ejwut notice. dl sums oi money secured hereby ahall, immediately and eoncurrently with such conveysnce. becos~ a~ia and p~yable and said Note and Moetgage ahall be in defeult. 0 V~TO HAVE AND TO HOLD the eame, together with aU and singular the tenemeata, hereditamcnte snd ep~ ~snance~ tsereunto bebnging or in anywrise appertaining and the rever+an and rever~iona, remaindv ~nd rP. ~ ~ mamdecq. rents. iss~a and profits tAereof ~nd also all the eatate. right. titk. intereat. PropertY. poaee~ion, claim and -^r~ = demand ~whatsoever as wreU in lawr as in equity of the aaid Mortgagor in end to the same and every part snd . ~r parce! thereof unto the ~aid Mortgagee, and his heira, succe~sors and assigns, in fee eimpk. Md said Mortgagor. for himxlf. ~nd hi~ heir~, legsl representatives, succe~sora and aaaigne, hereby convenante with eai~ Mortgagee. Aie he'ua, kgd reprexntativea. aucceseors and asaign~, that uid Mortgago~ ia indefeasibly GI sl~aed of'said I~nd in tee ~impk: that the said Mortgegor has tuU powrcr and lawful right to coavey the same in fee ~ simpk as ~forenaid; th~t it ~hal1 be lawtul tor eaid Mortgagee, his heirs. 1ege1 representativee, successor~ aad n~air~r=. V. ~t all times peaee~bly and quietly to enter upon, hold, occvpy and mjoy aaid land and every pert therenf. a~ ~ tlut aaid land ie free from sll incumbnnce~: that aaid Mortg~gor, his heir~, leg~l repreaentativee, aucceseors and ~ aaeigns, will make auch turther e~sursncea to pertect the fee simpk titk to said lsnd in eaid Mrotgagee. i hi~ heire, kgal repreaeetatives, successors ~nd aseigne, as may reasonaWy be required: and thst said MortgaRor does hereby fully wsrrant the titk to aaid land and every pert thereof and wrill defend ihe same agsinit the t lawful claim~ of a0 person~ whomsoever. _ It is understood that eech of the word~. "note". "mortgagor" and "mortgagee° reapectively snd the pronoune s reterring therew. w~hether in the ~ingular or plursl anywhern in thi~ mortgage. shall be singular it one only and : _ 'sAall be plural jointly and ~everally, it more than one, and ~hall be roasculine, feminine end/or neut~r. wherever ~ the coate:t ec? impliea or admit~. ~ ~ And said Me~tg~gor for himxlf and his heire, kgal representatives, suacessors and assigns. Aereby rnvenante ~nd ` agrees to ~nd with said MortgaRee. his iegal reprexnutives. auccessora and assigna: . -1 1. To pay aU and sinRuler the principal and interest and the varioua end aundry eums of money psyable by :":~;-1 virtue of uid promiaaory note, end thi~ mortgage, each and every, promptly on the daya respectively the same ; - xverally become due. - 2. To p~y all ~nd singulu the tues, asseaamenta, leviee, liabilities, obligation~ and incumbrancea of every ,}:'s ; natun and kind now on said dexribed property. andtor that hereattu may be imposed. auffered. placed, kvied ~ or asseased .thereupon, end~or that herufter may be kvied or ~aseesed upon thie mortgage nnd~br the indebtedne~ i ~ ' ° secured hereby, each and every, wAen due and payebk according to law, betore they 6ecome delinquent, ~+nd _ ' before ~ny interest attaches or any penalty is incurred: and in so tar ae eny thereof ia of ncord ihe eame at~!' tr_ ~ promptly s~tisfied and dixharged of ret~,ord end the original official document Isuch as, for in*+-ar,cr_. tne c , ~ reosipt or the satiafection p~prr officialiy endorsed or certifiedl ahall be ptaced in the ~snda of ss'sd '.to ~r-•;,r_ within ten days ne:t after p~yment end in tAe event that any thereof is not eo paid, eati~fied and dixhaz~s~d. " ~ said Mortgagee m~y at any time pay the same or sny part thereot without weiving or affect:ng Ln;- oy~.i^n. a; lien, equity or right under or by virtue of thi~ mortgage. and the full amount of each and every such pernent ehau bs immediately due ~nd p~y~bk aed ehaU beu intereat from the date theroof unW paid at the rate uf cen Fer oruWrn prr annum and togather with sach intereet shall be secured by t6e 6en of this mortgage. ~ ~ - 3. To place ~nd rnntinuously kesp on the buildinge no~v or hereafter situste on ~aid land fire and .rindsu>rn+ inaurance in the uaaal sundard policy form, in a~um aot lesa than the amount due hereon, in such corcpsny or oompaniea as may be epproved by eaid Mortgagee: and all eueh insurance policies~ on any of said buildinga, eny inter~st therein or part thereot, in the agplregate sum aforeeaid or in ezoea.+ thereof, ahall contair. the usud ~ standard mortgagrx clause making the losr under said policies, each and every, peyab{e to said Mortgager a~ r.iF interest may appear. •nd e~ch and every euch policy ahall be promptly delivered to and held by a++id Mor.~aga*_: ~ ~nd, not leas than ten d~ys in ~dvance of the e:piration ot e~ch policy, to deliv~r to said Mortg~gee •~ai ~ thereof, toget6er with a receipt tor the premium of euch renewd: and there ehaU be no euch Insurance p:~~,: - on •ny ot said building3, any interest therein or part thereot, uakea in the torm aod with tl+e loss psya5'P ~ aforoaaid: and in the event any n~m of money becomes pay~bk uader euch policy or policies and uid M~::;:,~ Q ' go~K294 ~.~~E 254 ~ ~ ; _ - - _ - - . . - . ~ . ~:l . . ka+~~ 'F~.-z.sr. .o^z ..F-s~....o~:.- -J t,.-' . _.-...-s.w . =9 ~ ~,a7.a„_ « :5.,-~~