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Home My WebLink About0262 ~BUILDING "Q" ,4167 ~ ~ 3b T N THIS MORTGAGE DEFD, made ~nd e:ecuted the ~d~y ot , 19 Hora~e- J. Sandiford and Gloria J. Sandiford, his wife of 3831 Edinboro NW by Grand Rapids, MI'. 49504 r ~ !?weinatter uUed th~ Mo~tg~aor, wAicA tenn shaU include ths heirr. k~l representatives, successoro ~nd as~igm ~J ot ths said Mort~gor wRerevsr the conte:t so requires or admits, W TURTLE REEF AS.SOCIATES, INC.. P:O. Bo: 618. Jenaen Heach, FL 3345? .~y hsreinatter ~allsd the Mortgagee, which term shaU include the succe~sors •nd aeeigs~a ot the aaid Mortg~gee wherever the conte:t so requires or admita. WITNESSE'CH: That to~ deve~~ good ~nd valuabk considentions, end also in rnnsidenti4n ot the ~g~eqate ~um named in the promi~oqr note oi even date here~vith hereinatter dexribed, tl~e eaid Mortgagor doe~ hereby graat, bargain, ~eU, alien, remix, releax. convey and confirm unto the uid ~+lortgagee, his heir~. ~ucceasor~ and c~ - ~ p R assigns, all the certain piece..., parcel.... or trsct.... of land, of whicA the uid Mortgagor is now eeized' and m possessed and insetusl pose+esaion, aituete in the County ot St. Lucie and Stste of Fbride, described a~ /ollnw,r. n ~ O< If ~ ~ Uni t Weeks 17 _ and 18 i n Condomi ni um D-15 - ~ consisting of Apartment Number D-15 an~ its undivided sr~:r= ~ i._ . , y m ; : of the common elements of Turtle Reef Condominium I, as such i~ ~ ; ~escribed in the Master Form Deed, recorded in Official Recorc~, ~ ~ s 3~ 'J: v ~ ~ ~ ~ ~63Y Page 2002. This is a purchase money mortgage. o - ~ ~ - . ~ t- ' ~i ~ `=It is further agreed between the partie~ to thi~ mortgage that, in additan to the term~ and condition+ ee: Q ~ a-L~ herein, if • eonveyante ehould be made by the Mortg.qo~ ot the premixs herein dexribed, or any oart ~ ~-1 ~,h~ieo(, ~ without Cvat obtaining both the wrritten consent of the hold~ hereof, and ~n aesumption of tAis ~ ~ ~b~gatiut~. in writing, by the new proposed Grantee. .then. and in ihat event, ~t the optan ot the holdu here~t, ~ ~wi~out ~~wtice, aU sums ot a~oney secured hereby ahaU, immediately snd concvrrently ~vith such coeveyance, becoax ~ d~ and; payable and said Note and Mortgage alsall be in defsult. a : ppTO`HAVE AND TO HOLD the s~me, together with dl and aingular the teaemeeta, hereditamente and ap pdfKanaaoes thereunto bebnging or it~ ~ny~vix ~ppertaining snd the reversion and reveraions. remainder ~nd re ' m~indeep. reats. iss~ei and profit~ thereof and also aU tl~e eaute. right. titk. intere~t. PropertY. poseeasion, claim and ' ' dem~n~ whatsoever aa weU in law as in equity of tha said Mortga'gor in and to the ume and every part and ' ' parcel Obereot unto the said Mortgsgee, end his heirs, aucce~.+ora ~nd assigna, in tee simpk_ ~ e. ~ ' And said Mortgagor, tor himself. and hi~ heir~. kg~l representative~, succe~soro and aaaigns, Aereby convenanta ~ i with uid Mortgagee. his heirs. kgtl eeprexntetives. aueeeesors and asaigns. that said Mortgsgor ia indefe~si6ly ' '~'~~l ~ seised ot said land in tee simpk: that the aaid Mortgagor haa tull powet and lewrfu! right to convey the eame in fee ~ simple aa atoreeaid: that it ~ha0 be lawful for esid Mortgsgee, Aia heira, kgel represenutives: euccesao~ and auign~. • ~ at all timee peace~bly ~nd quietly. to enter upon. hold. occupy and enjoy aaid land and evcry part thereof: ~s , that said land ia fcee from all incumbraeces: that ~aid Mortgagor, hi~ heirs, leqal representatives, wcce~eors and ( ~ssigns, wil! make auch turther sasurances W perfect the fee simpk tit{e to s~id land in s~id Mrotgagee. ~ i # hie heirs. kgal rcpresentativea. successors and assigna. es may reasonably be required: and that eaid Mortgagor ; , ~ does hereby fuUy wsrrent the titk to ~aid Isnd •nd every part thereof and wiD defend the aame againat the - ~ lawful elaims of ~ll per~one ~rhom~oever. _ ` ~ . . - ' It i~ underatood that each ot the ~+ord~. "note". "mortgagor" and "mortgagee'' respectivdy and the pronoune ' refcrring thereto, w~hether in the aingular or plural enywhere in thie mortgage, shall be singulu if one onty ~nd ~ ~hall be plural jointly and ~everally, ii more than one, and shall be rtuxuline, feminine and/or eeuter. wherever . ~ the conte:t so impliea or admita. , ~ = Md said Mortgaaor tor himxlf and hie heire, kgal repree~ntatives, succeesors and ~ssigna, hereby oovenante ~nd - ~ ~grees W and with said MortgaRee, hi~ legal representatives, aucces~ors and ¦saigna: ' ~ 1. To pay all •nd ainRulir the principal and interest and the vsrians and ~undry eums of money pay~ble by + ~ virtue oi ~aid promissory note. and thie mortgage. each and avery, promptly o~ the days reepectively the same f xverally become due. ! - ~ . . ~ 2_ To pay aU and singulu the tue~, aseeaaments, levies, liabilities, obligation~ aad incumbrances of every ~ nature ~nd Icind now on asid dexribed property. andtor that hereeher may be imposed. euitered, placed, kvied ~ or aeseeeed thereupon, andtor thet h~fter may be kvied or asseaeed upon thie mortgnge andior the indebtednesa t; secured hereby, each •nd every, when due end psyabk according to law, before t6ey become delinquent, end . • before any intereet atteehes or any penalty ie incurred: and in so tu as any thereot is of record the same ehall be : ' ' ;3 promptly satiafied and disclurged of record and the original officiat document I~uch as, for in~tance, tl~e taz ~ rsosipt or the eeti~f~ction p~per officially endorsed or certitiedl shall be placed in the h~nds of said '.4tortgagee _ within ten daye ne:t efter p~yment: end in the event that eny thereot is not eo paid, eatiafied and dixharged. ~ ~ said Mortg~gee may at my time pay the same or any part thereot withoot waiving or aftecting any option. • . ` lien, equity or right under or by virtue of thi~ mortgage, and the tull amount of each end every such payment nhall ~ b~ immediately due ~nd p~yable and ahall besr intereat from the date thereof until paid at the nte ot ten per _ . oeoturn per annum and togetAer with such interest shaU be ~ecured by the lien of thie mortgage. ~ 3. To place and continuouely keep on the buildings now or hereafter situate on said land fire and ~rindatorm ~ inauraaee in the uaual atandard policy torm, in • sum not kas than the amount due hereon, in ~uch compa~ny or companiea es may be spproved by said Mortgagee: ~nd ~ll such insuzance poticiee on any ot uid buildinge. any a iuterest therein or part theroof, in tbe sggregate ~um aforesaid or in e:cesa thereof. ~haU rnntain the usual standud mortgagee clause making the los~ under said policies, ach and every, p~y~bk to said Mortgagee as hia mt.ere~t m~y appe~r. and s~ch and every each policy sh~ll be prompfly delivered W aed held by eaid Mortgag+~e; and, not leea than ten days in advance of the e:p'v~tion ot e~ch policy. to deliv~r to said Matgaaes a raerw~! thereot. together with a reoeipt for the premium ot euch ronewd: and t}~eee shall bs ao aucb insurance place~ ;y on any of aaid buildings. any interest therein or p~rt thereof. unkas in ths form and with ths ba~ p~yebk eR atorosaid: ~nd in the event aoy sum ot money becomes p~y~bie under such policy or poticies and eaid Mort;~agee "f n a0G1( ~t~~ :',1LE (.~z ~ ~~fi X y' - ~.~r' ,~.~°"'.,s..R~'~"2~F~. 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