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Home My WebLink About0945 419000 BUILDING "D" `~j ~ ~ THIS MOR1'OAGE DF.~D, made and esecuted tAe 10 day ol S~Pt • , 19 78 ! ' by Miiburn S. Lester and Faye B. Lester, his wife of 11520 S. W. 83rd Terr., Miami, F1. 33173 h~ninaher uiMd th~ Mortg~~. which terna shall include tAe heirs, kgal ropcessatatives. succeswrs aad apig~u ot tM wid Mortgagor wherever tl~e coete:t so requires o~_ ada~ts. Y f"- W TURTLE R~EF AS,SOCIA7'E3. 1NC.. P.O. 80: 618. Jenxe BeaCh. FL 33157 ~ ~ V~ I~sin~her callsd the Mottgage~, w~hich term shaU include the succeasors aad aseign~ ot tAe . eRid Mo?tRagee whereve~ the eoatext so requiree or admita. WITNESS$TH: That tor deve~a good ~nd v~luabk conside~atio~a, and also in consider~tiqn o[ the ~ggreq~te eum named in the pramiasory note of even date herew~ith Aereinafter dexribed, the said Mortgaqor doee he~eby $teD~. btT$lID. xU. alien. r+emix. rcle~se. oonvey a~d confirm unto the said Marctgagee. his heirs. suooessors an~ assi~ns. all tAe certain piece.... p~rcet..., or tr~ct.... of land. of which the said Mortgag~or is now seized and possessed and inattual po~esaion, aitu~te in the County et St. Lucie end State ot Florida, dexriAed s~ fo1Mw~: Unit Weeks X and 21 ~ in Condominium D 20__ _ consisting of Apartment Numbe?• D 20 and its undivided ~i~~r~ of the comrion elements of Turtle Reef Condominium I, as such ~s described in the Master Form Deed, recorded in Official Recor~~ 4~~. . 263', PagP 2002. This is a purchase money mortgage. ~ ; It ia further agreed between the partiea W tAia mott~tge th~[, in additioa W the terma and rnnditio:u ~n.~ ait' ~eNin, i[ a conveyance should be msde by the Mortgagor of the premixa hereen de~cribed, or any par: y~ thereoi. , without 5rat obt~ining both the ~rritten conxnt ot the holdar hereaf, ~nd sn assumption of thie : c7 gbligatio~. in writing. by the aew proposed Gnntee, then, and in that event, at the option ot the hoider hereot. o ~it6out #~otice. all suma ot moaey secured her,eby sha11, immed'eately and ooncvrrently w.ith auch COAY~t~IK'!. becom~ o~ ~i~v and ~ayabk u~d siid Note and Matgage ahdl be in default. ao s W~ ~~•'PO ~IAVE AND TO HOLD the aame. ~ together with all snd aingu4r the ttnementa, hereditacneata and e p~`[~eaan~0es t6era~nW belonging or in anywix appertaining ~nd the reveraeon and reverswes. remainder wd re im~9pders~ reats, issuea and profite thereof and also dl the estste. rigAt. titk. intere~t. P~~Y. P~~n. claim and A~ de~and Aatsoev~ •s weU in le~r ss in equity of ihe said Mortgagor in and to the same and every part aad ~~pa{~1 th~eof unto•the said Mortgegre, and his heiro. suecessora and a~ign~. in fee ~impk. - ~ 'eAnd said Mortgagor. tor himself. and hia heira. legal reprossntative~. succes~or~ and assigns. hereby rnnvenants ~wit6 sa~ Mortgagee. hie heir~. {egal repraentatives. succensors ~nd assigns. that eaid Mortgagor is indeteaeibly saised of ~ said laad in fee simpk: that the asid Mortgagc?r hsa full power and iswtul right to ~anvey t~e - same in fee ` ~~~k ~ ~toreaaid: that it shaD be law~hil for said Mortgagre, his heir~. kgal representatives. succes~ors and assigna. ~t ~11 tia~es peaceably and quietly to enter upon. hoW. occupy and enjoy aaid land and every part thereof: tlut e~id laad is feee from dl itxvmbratKes: that aaid Mortgagor, hi~ heiro. kgri representatives. wcceaeor~ and asaigas. will make sueh further aasunnoes to perfect the fee simpk title to said Vnd in eaid Mrotgagea hia heirs. legal repnsentative~, aoccessore and eaaigna. as may reasonaWy be reqnired; and that said Mortgagor does hereby fully warrent the titk to said laad and every psrt thereof end will defend the aau~e againat che lawfiil claims ot aU per~ona whomsoever. It i~ underetood that e~ch ot the wrord~, "note", "mortgagor" snd "mortgagee" respectively and tbe praiouna referring thereto. ~rhether in the eingulsr or plural anywhere in thia mortgage, shall be ~ingulu if one only and ahall be plnral jointly aed severdty. it more than one. ~ad shall be mteculine. Ieminine andlor neuter. wMrever the aontest so implies or admits. And said Mortgagor tor himsclf and his heirs, kgal representatives, siwcessore and assigaa, hereby eovenants ~rid ' agr~ees to and with said Mortgagee. his kgal representatives. auccessors and aseigns: 1. To p~y all ~nd ainguler the principal ~nd inte~at and tl~e wrioua and sundry s~ms ot money peYabk. bY virtue of said pmmissory note. and this mortgage. each" and every. pro~nptlY on the daya respectivdy the same severally become due. 2. To p~y ell and eingulu the tuee, aseeasmenta, leviee, liabilitiee, obtig~tiona md it~cumbranoes of every - n~tnre aad kind now on aaid deacribed property. aad/or that here~fter may be impased. sa8ered. placa+d. levied or ssees~ed thereupon, andlor that hereafter may be kvied or aasessed upon this awrtgage aadlor the indebtedness secured haeby, e~eh ~nd every, when d~ and paysbk according to law, befoee tbey become delinqoent, snd ~ before auy interest attsches or any peoatty is inc~tred: and in so i~r ~a sey t!?ereof is of record the earne e~ll be promptty a~tisfied and dischargrd of rocord and the original official document tsnch aa, tor in~tance, the tu o~ rsaipt or the eatisfaMion p~per officially endorxd or certifiedl shall be pbeed in the handa of said Mortgagee ~ ~ within ten daya ne:t ~fter p~yment: and in the event that any thereof is not so paid, natisfied and discAargecl, ~ p~• said Mortgagee may at any tim~ p~y tAe eame or any p~rt thereof withovt waiveng or a/feciing any option, e'f = l+en, equity or right uader ot by virtue of thie mortgage, and the full ~mount of each and every ~uch p~yment shall _ bs iminedi~tely due and pay~ble and a6all beu interest from the date thereoi unt~7 paid ~t the nte oi ten per gj oeawrn per ~nnum and together with euch interest shall be secured by the lien of this mortg~ge. v ~ 3. To plata aad continnoualy kesp on the buildings now or here~fter situate on said land fire and windstotm~ ina~ranee iu the usual etandard policy form, in a sum not Mss than the amwnt due hereon, in such oomp~ny ~ or comp~niee as may be aP~oved by said Mortgagee: and ~ll such insunnce policies on ~ny of said bu~7dinga, any ~ iuterest tlureia ot part thereof, in the ~ggregate aum ~foreaaid or in e:c~as thereof. ~haU contain the standard mortgagee cLuee n~l~ing the b~ under aaid policies, each acd every, pey~bk ta ~aid Mortgagee ~s intere~t m~y appe~ar. and each ~nd every euch policy a6all be promptty ddive~ed to and held by eaid M ~ and. not kss than tea days in advance of tl~e ezpiration oi e~6 poBcy. to dsliv~ to wid Mo~tg~ge~ a raerwd $ - tl~ereof. tog~ther witA a rsoeipt tor the pnemium of such renew+l: and tbers shdl bs no soeh inwrenoe p~o~d ± ~ on wy of said buildings. aay interest tl~erein or part thereof, unlsss in tb~ fomi and with tl~s bea p~yable ae ato~aid: ~nd in the event ~ny ~um of mou~y becames p~yabM nnda~r wc6 policj? or polieies and said Mortgagee • ~ • Drm oac: , , e ~ : ~ - = ; _'.~-c ~ ~._..J.~ ~ ~ ~ .L,~~