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Home My WebLink About0937 41~995 ' BUILDING "U" ~ ~3 ~ ~ TNl3 MORTGAGE DEED, made and e:ecuted the Y9tha.,, or Sept. 19 78 by Frederick A. 6issette and Florence M. 6issette, his wife of 55 Limehill Rd., Chatham, MA. 02633 0 heranatt~r callsd the MoKSa~, which teem duU inelude ths heirs, kgd eepreasnutives, succsswrs and assigns / u, ot the said Mortgaaor whereve~ ths context so requires or ~dmits, to TURTLS REEF AS.SOClATE3, INC., P.O. Bo: 618. Je~aen Be~ch. FL 33459 hereinatter eaUsd' the Mortg~gee, which term shaU include the aucce.~sors and asaiRr?s ot the said Mortg~gee wA~ever the context so requires or admita. WITNE3SETH: Th~t tor dever~ good and vdusbk conaide~ation~, snd also in rnnaidentipn ot the aggregate ewn namsd in the promisspry note ot even date here.vith hereinafter dercribed, the eaid MortgaRor does henby grant. barg~in, ~e4 aliee, remise. release, co~vey snd confirm unto the seid :Hortgagee. hia heir~. succesaora and assi~as. aU the certain piece•••. p~rcel•... or trect.... ot land, ot wrhich the aaid Mortgsgor ia now eeized and posssesed and inactu~l posseaaan. situ~te in thP County ot St. l.ucie and Sute o[ Fbrid~, dexribed ~a foli~w~: Unit Weeks 16 and 17 in Condominium D-16 consisting of Apartment Number D-16 and its undivided sn~r~ e of the common elements of Turtle Reef Condominium I, as such is described in the Master Form Deed; recorded in Official Recor~s - 263, Page 2002. This is a purchas~ mor~ey mortgaye. , I~ 5is turther ~greed betwreen the partie~ co thia mortgage that, in addition to the term~ and conditions out b~tein, if • eonveyance should be made by the Mortgagor ot the premixs herein dexribed, or sny pa.~ ther~eof; ~rithout fuat obt~ining both the wrritten consent of t6e holder hereof, and sn aaaumption ot thia . obligation, in writing, by the new proposed Grantee, then. end in that event, at the option ot the !wlder hereof, . w~~lwu~ aotice, d1 sum~ ot money secured hereby ahall, immed'utely and toncvrrently ~vith auch conveya~ue, beoome da! and p~yabk and said Note aad Mortga~e shall be in default. • !n v - ~ 7 TO HAVE AND '(~O HOLD the aame, together with all and singnlar the teaementa, herediumeata aad a~ t6areanto bebngiag or in anywise appertaining and the rever~ion ~nd reversions. remaindetr and r~ nnts. i~suea and profit~ thereot and aL~o a0 the estate, right. titk. intere~t. P~~Y. P~~~~n. claim and ? ~pand .wbataoever ~s well in la~r as in equity ot the ~aid MoKg~gor in and to the aame and every part and ~~c~el tbereot uaW the aaid Mortg~qee, and his heiro, ~ucce~ora and assign~, in fee simpk. o~And istid Mortg~gor, tor himselt, and hia heir~, legal rspressntativa, euecesaor~ and ~saigus, hereby convenants ~ 1~1~ said Mortg~gee. hie heirs. kga! reprexntatives. aueces~ors and asaigns. tlut said Mortgagor is indefessibly 'i; sei~ed ot~said land in tee aimpk: that ihe said Mortg~gor has fuU power and lawful rigbt to convey the ~me ia fee ' ~ c. as: ~foresaid: that it ~ha0 be lawful tor said Mortgagee. his heire. tegal repreeentatives. successars and as~igns. l ' ~ m a t~ tii~rls peace~bly and quietly to eoter upon. hold. occupy end enjoy s~id land and every pert thereof: ; tlut~ said ; land is free from dl incambrancss; th~t said Mortgagor. hia heira. kgd represent~tives. succeasoea and j 'assigns. {riU make aueh turther a~suranas W perfect the fee aimple titk to said l~nd in eaid Mrotgagee, ~ ttis l~eirs. ~ kgal representatives. suecessors and aasigna. ae may rasoDaWy be required: sad th~t aaid Mortgaqor ~ M~~d~~~~Y fnlly warrant the title to ssid land end every p~rt thereof and will defend the ~ame ngainst the ~ t a of aU peraone whomaoever. - ~ It is under~tood that ach of the word~, iote". "mortgagor" and "mortgage~e" respectivdy and tbe pronoune reterring thereW. whether in the ~ingular or plursl snywhere in thi~ mortgage, shaU be singulu ii one only and ° shall be plurd jointly and xveraUy, if more th~n one, and ahsll be masculine, feminine andlor neuter, wherever the aonte:t so impliea or admita. And said Moetgagar (or himself and his tuirs, kgai representatives, auoeeesors and aasigns. Aereby covemate and agrees to and witA ~aid Mortgigee. his kgal representatives. successor~ and aseign~: 1. To p~y aU and aingular the principa! and intereat and the varioua and aundry aums of money psy~ble by virtue of aaid promiasory note, end thia mortgage, each and every, promptly on the daya r~sNectivdy the same ~ xverally become due. 2. To p~y aU and singul~r the tues, essessmenta, kviee, liabitities, obtigations and incumbrances ot every nature and Icind aow on aaid dexribed property, andlor that here~fter may be imposed, suffered, plaeed, kvied ~ or ~sxesed thereupon, andlor that hereafter may be kvied or asseaeed upon this mortgsge sndlor the indebtedneae ~ secured hereby, e~ch •nd every, when due and p~yabk ~ccording to law, before they bewme delinquent, and ~ betoro any interest attaches or ~ny penalty is incur?ed: and in so tar ~s any ther~eof is ot record the eame ehall be ~ promptly utisfied and dixharged of record and the original official document I~uch as, for instanoe, the Gu ~ ~ rsoeipt or the satisfaction p~per officiaUy endorsed or certifiedl shall be placed in the hsnds ot said Mortgagee within ten days ne:t after p~yment: and in the event that eny thereof i~ not eo paid. eatufied and discharged. ~ ~ wd Mortgagee m~y at any time p~y the same or ~ny part thereof withaut waiving or affecting any option, ~ ~ lien, equity or right under or by virtue ot _this mortgag~e, aad the full amonnt of each and every auch p~yment ahall p~~ ~ b~ immediately due and p~yabk and ehdl be~r interest from the d~te thereof until paid at the r~te of ten per n ~ teaturn pe~ annum and together wit~ auch interest shall be secured by the tien of this mortg~ge. ~ ~j , ~ - _ ~ t ~ 3. To pVice and continuously kesp on tlx buildings now or hereafter aituate on said land fite and ~i~t~n ~ ~ w ~ insurance in the usual stand~rd poliry torm, in • bum not iess than the amount due hereon, in auch oompany ~ ~ or oompanies es may be approved by said Mortgagee: and dl euch innuance policies oa any ot said bu~7dings, any ~ ~ interest tberein or part thereof. in the eggregate aum aforeaaia or in e:oess thereof. ~hall rnntain the usual ~ ~i ! ~ ~tandard mortgagee clause m~king tbe los~ under eaid policies. e~ch and evdy, p~y~bk w said Mortgagee ~s hb Q ~ int~est may appear: and e~cb ~nd every suc6 policy s6all be promptty delivsred to and held by eaid Mortgags~ 2' ~ ~nd, not leas tlun ten days in ~dvance ot the ezpir~tan of e~ch poUcy, to deliv~r W~aid Moctga~ a raorwd ~ • tAsreot. taget6ar with a reosipt for tfie pr~emium of such renew~l: and tMre shall be no eac6 hu~r~nce plaosd ~ < aa any ot said building~. any interest tl~ein or part thereot. unMrs in t6s form and witb tLs bes p~yahk as ~ ~fore~~id: and 'w ths evsnt any ~um ot money beoomes pay~bk und~r ~ucb policy or policies aad said Mortgagee ~ ~ ~ ~ • ~iy~~ ~ v ~ _ - - - - - - - _ - ; , _ - _