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Home My WebLink About0953 / a 419005 I ~ BUILOING 0 THIS•MORTGAGE DEED, made ~nd e:ecuted the22nd ~y o~ Sept. , 19 by Allen Martin Buseman and Daryl Marie Buseman, his wife of 951 Swan Ave., M~ ami Sari ngs , Fl . 33166 ~~v h~r~iaatier ulled tM Mort~or. wAich teren ahaU include ths heirs, k~al repressntatives. suec~s~ors and uaigns ot the said Mortgaao~ ~rh~ever the contest so requires or ~dmiW, to TUATLE REEF ASSOCIATES, INC., P.O. Bo: 618, Jensen Be~ch, FL 33457 hersin~her e~Ued' tAe Mortgag~ee, ~hich term shaU include the suece~sora and aaaign~ ot tAe ~aid Mortg~gus wherever the conte:t so requires or admits. WITNE3SETH: '11ut tor derers good and valuabk rnnaideration.+, and also in consideratiQn ot the aggre~te aum aamed in the promissory note ot even date here~vith hereinaher dexribed, the said Mortgagor does hereby grant, bargaio, seU, aliea, remise, rekase, rnnvey ~nd confirm unto the uid Mortgagee. Ri~ heirs, auooessors and ~ssigns, aU the eertaia piece..., parceL... or tract.... ot land. of whicA the eaid Mortgagor is now xized and posssssed and in~ttu~) po~aesaion, aituste in the County ef St. Lucie end State of Fbrid~, dexribet! s~ foUn~r~; Unit Weeks 3 and 4 in Condominium D 29___ _ consisting of Apartment Number D- 29 and its undivided s~~~r~ of the common elementS of Turtle Reef Condominium I, as such is described in the Master Form Deed, recorded in Official Recor~s G::•' 2p.~ , Page 2aa?_ . Th_i s i s a pui-chase maney r~ortgage . ~ ~ I~~is ttuther agreed between the partie~ to thi~ mortRage th~t, in. addition to the terms end conditior?~ ~e. ~~~~Mlrein, if a rnnveyance ~hould be made by the Mottgagor of the premi~ea herein dexribed, or any part • v , wi~.hout first obtaining both the ~vritten eon~ent ot the holder heceot, and an asaumption of thi~ o~(~on, in writing, by the new proposed Gnntee, then, •nd in that event, at the option ot the holder hereof, ° awit~oR notice, dl sums ot money xcured her~eby eha4 immed'utely and rnncurrently with suth conveyance, beoome ~ oDduao~y¢ payabM and ~aid Note and Mortg~ge shaU be in default_ w~ ~ ~ 'T~ HAVE AND TO HOLD the same, together ~rith eIl and singular the tenement~, hereditac~nts and aR w~ ~~p the~nto bebnging or in anywix aPpertaining and the reversion and reversiona. nmainder aad ra ~~no~in~~s , reats. issues and profits thereof and ~lso all tl~e eatate. *iBAt. titk. interest. PropertY. Posseseae. claim ~nd dema~ w~tsoev~ ~s weU in law ~s in equity ot tl~e a~id Mortgagor in and to the ume and every part u~d pRrcel tA~reof unto the said Mortgaqee, and his heirs, successore and assign~. in fee simpk_ ~ And said Mortgaga, tor himsell, and hi~ heir~, kgal repressntatives, ~uece~ora ~nd ~asigas, hereby oonv~?ants with said .11lortgagee. hie heir~. kgal reprexntativea. auccessore and asaign~, that said Mortgagor i~ indefeseibly .~aised'ot ~aid tend in fee ~imple: that the ssid Mortgagor h~s tuU powrr end lawfiil right to coavey t~e aame in fee simpk aa ~foreeaid: that it shaU be lawrful for said Mortgagee. his heir~. kgal repreeentatives. sacceeaors and aa~ign~. ~t aU times peac~Dly snd quietiy to enter upon, hold, occupy and enjoy aaid lend and every pnrt- thereof: that said land is iree from all incumbnnces: that said Mortgsgor. his heirs, kgal represent~tives. eucceseors aad i aseigas, wrill make such further aasuranoes to pertect the fee simple titk to said land in said Mrotgagee. hia l~eirs, iegai reprexntatives, succeseors and assigna. es may reasonably be reqnired: and that ~aid Mortgagor I does hereby tully warrant the title to aaid Iend ~nd every p~rt thereoi and ~rill detend the seme against the i lawiul claims of dl peraons whomaoever. { It is underatood tlut each of the wrord~. "note". "mortgagor" end "mortgagee" reepectively and the ptooouns f referring thereto, whether in the singalar or plurel any~vhere in this mortgage. shall be singulu it one only and ! shall be plural jointly and ~everally, if more than one, and shell be m~scvline, teminine andlor neuter, wMever ~ the eont~t so implies or ~dmits. - ~ ~ And wd Mortg~gor for himxlf aad his hein, leg~l repree~nt~tives, euoceesors and asaigna, hereby eovenents and ~ ~grees w~~ w+th said MortgaRee. hia legal repreeent~tives, eucee~ors end aseigns: ~ 1. To p~y all and singulsr the principal ~nd interest snd the various and eundry suma of money psy~ble by ~ virtue of aaid promissory note, end thi~ movtgage. each end every, promptly on the days respectively the aame ~ xverally beeome due. ~ 2. To p~y all ~nd aingul~r the tues, asseaaments, kviee, liabilities, obligation~ and incumbnnce~ of evay eatun and kind now on said dexribed property. snd/or that h~reaft~er may be imposed, suffered, ptsced, ievied } or ae~eeaed thereupon. and?or that hueafter mey be kvied ~ assessed upon this mortgage andlor the indebtednese ~ sscured hereby, e~ch and every, wAen doe ~nd p~yabk ~ccording W law, befrn they become delinquen~ sad ~ ~ before any interest ~tt~chen or ~ny penalty is incurred: and in so [~r as any tl~aeof ie of record the same shall be ~ promptly satiafied and disclurged of reoord and the origi~uf ottcial don~ment leuch ae, for instanae, the taz ~ ~ rsceipt or t6e setiaisctioa p~per officia0y endoreed or ceetified? shall be plaoed in the hend+ of said Mortgagee ~ within ten d~ys ne:t after p~yment: ~nd in the event that any thereof is not so paid. satisfied ~nd diecliarged, p~• ~ said Mortg~gee may at any time p~y the eame or any part thereot without waiviog or affecEing any optan. A _ lien, equity or right under or by virtue of this martgage. and the tuU amount of esch and every such payment ahall ~ ~ bs immedLtely due and p~y~bk ~nd ehall beer intereet from the dat6 thereot unW paid at the nte of ten per ~ ~ oentnra per ~nnum and togatt~er with euch intetest sluU be aecured by the lien ot thia mortgage• ~ ~ ~ ~ . ; = 3. To place ~nd oontinuonsly kesp on the buildings now or here~tter eitwte on aaid land fire end windstorm ~ + ~ insunnce in tbe usua) standard policy form, in • sum not less than the amo~nt due hereon, in such oompany ~i ~ ~ or camp~nies ~s auy be approved by said Mortgagee: and aU suc6 in~ursnce policies on any of eaid buildings, anyQ ~ iaterest therein or part theroot, in the aggregate sum aforesaid or in ezceas thereot. ~hall contain the u~wlF ~ standard mortgagee clause malcing the losn under eaid policies. eac!? and every. paY~bk to said Mortgagee as his intere~t m~y apps~r. and each and every suc6 poliey ~hall be promptly detivsred to and 6dd by eaid Mortga~s: ~~o ~ ~ ~nd. noc kss t6an ten day~ in advance of che e~iration ot e~ch policy. w ddiwr to uid b[atgaass • r~d ~ a~ ~ t,!?ereof. together with a reoeipt for the premium oi such rmewd: and there sha11 be no such insumncs PVos~ ~ on any ot said buildings. any inte~est therein or part thereot, unle~s in ths torm and with ths bes payabk ae ~ ~ afo~aid: and ia the event any rum ot mooey becomes p~yabk undsr snc6 poliey or policies and said Mo~gagsc • R ~ ~~3C!~ ~ PAGf `a~, a~ ~ - 3,,- t- _ - - -3:= _.-~';X _ ' - Tr~ '