HomeMy WebLinkAbout0969 ~~soss 3 ~
BUILOING "D" !
THI3 MOATi3AGE DEED, mads u~d esecuted the ~~.lday ot _ Sept . , ~ 19 78
by Richard Zellner and Katharine S. Zellner, his wife of 19659 Riverside Dr.,
Jupiter, ~1. 33458
Aeranaft~r ealled tM Mortp~or. which term ~hall include tbs Aeire. k,gal representativea. sueees~ors and usign~ ~ /
ot the said Matsagor rviierever the conte:t so requires or admits, u y.
ta TURTLB REEF A330CIATE3. 1NC., P.O. Bo: 618, Jensen Be~cb. FL 3345T
he~eiaatter calld' the Mortgagee, which teren shal! iuclude the suecesao~a and aeeigns ot tAe ~
said Mortg~ges wherev~ the conte:t so requir+es or admits.
WITNE3SE7'H: 71ut tor deven good and valuebk consider~tiooe, end al~o in coasideratiqn ot the aggregate sum
named in the promissory note ot even d~te here~rith hereinatter described, the said Mortgagor does hereby
gr~nt. bargain, seU, alien, reraise, re~ease, coevey and confvn~ ueto the said Mwtgages, tis heira, sucoessors and
~ss~e~s. v1 t1~e ea~tain piece.... p~rcel.... or t~act.... ot land, ot which the said Mortgagor ia now seized and
posss~sed and it~attwl pwaession. ~itu~te in the County et 3t. Lueie and State ot Fbrida, deecribed ss tolk.ws;
Unit Weeks 18 and ig in Condominium D- 22
consistinq of Apartment Number D- 22 and its undivided sh~r~=
of the comnon elements of Turtle Reef Condominium I, as such is
_ described in the Master Form Deed, recorded in Official Records
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263,~Page 2002. Th~s is a purchase money mortgage. ~
It~s [Urthet agreod betwreen the parties w thia mottgage that, - in addition to the terma and condition~ ~et
~~ttt hlRein, i[ • convey~nte ahould be made by the Mortg~gw ot the premi~ea herein dexribed. or any part
~~eo~ withoat tirst obt,~ining both the written consent of the holder hereof, and an as~umptioa of this
~on. ~i~ writing, by the aew proposed Grat~tee, then, and in that event, ~t ~the option ot the ~oWer hereof,
~~il~ notice. all sams of aaney secured herrby slull. immediately and ooneurrently with auch eonveyance. become
_~ue 3 pay~bk aad said Note and Mortgags shall be in detsult.
_ o N
~ 'a'O~~HAVE AND TO NOLD tt?e aame. Wgether with atl and aingutar the teaemeeta, hereditau~ents ind ap~
~urt~s thereu~W bsbnging or ie any~rix ~ppertaining and the rrveraion. ~nd eeversions. remRindu and re- '
. r~?ta. issues uid ro6ts thereot and also all t6e estate.
P right. title, inten~t. ProP~Y. P~~ion. cLim and
N maaa whatsoever ~s weU in (ew a~ in equity of the said Mortg~or in and to the same and every pert ~
~iaroel ~er+eot unto the said Mortgagee, and his heir~. ~utce~sore and aasign~, in fee ~impk.
/?e~ sa~d Mortgag~or. for himself. and hi~ heirs. legal representativa. ~uccessors and asaigne. bereby eonw~ante
with s~id Mortgagee, his heira, kgd representativa~, auccessors and assign~, that said Mortgegor is indete~~ibly
ssired at stid land in fee ~impk; that the aid Mo`tgagor hae tul) pow~er and lew~ful right to cvavey the aame in fee
siaiple as aforesaid: that it ~hall be lawrtul for eaid Mortgagee. his heire. {eg~l repreeentatives. s~cceesors and aseigns.
at d! timas pe~ce~bly and quietly to enter upon. hold, oocupy aad enjoy aaid land and every psrt thereot:
that said land is itee irom all incumbrances: tlut said Mortgagrx. hi~ heire. legal rePreseatatives. euooe~sors ~nd
aasigni. wilt make sucA lwt~r sssuranexa to perfeci the fee eimpk title to said land ia said Mrotgsgee, ~
his beirs. kgal r~e~resent~tives. sncce~eora and asaigna. a~ maY reasonaW~r be raquired: and t6at s~id Mortgagor
does hereby tully warrant the titk co ~aid land and every psrt thereof and will detend the same agaiast the
lawful eLim~ of all peraona whom~oever.
It i~ underatood t6at ach oi the words. "note". "mott~g~or" and ••mortgagee•' respectively and the prawunn
referring thereW, whether in the aingular or plural enywhere in this mortgage, shatl bt aingular if one onty and
~hall Ae plurd jointly and severally. it rtwre than one. and s}ul! be in~sculine. feminine and/or neutar. wMcever
the tonta~[t so implies or admit~.
And said Moetgag~or tor himxtf and his heira. kgal representativea. suocessors and assigne. h~eby oovenaata ~nd
ag?ees w ind with ssid Mortgaqee. his kga! representative~. ~coe~ora and aesigns:
1. To p~y all ~nd singular the principsl and interest end the various and sundry aums o[ money peyable by
virtue of said promiesory note. aad this mortgage, esch and every, proaiptly on t6e daye reapcctivety the same
xverally become due.
2. To p~y all ~nd eingulu the tuea, asseeaments, teviee, fiabilitie~, obligetiona aad incumbr:ncp of every
n~ture ~nd kind now on eaid de~cn'bed Prope*ty. and/or tMt hereafter msy be inaposed. safferod. p1+?oed. kvied
or aeasased tAereupoa, and~or that h~fter may be kvicd or ~ssessed upon this mortgage andlor the indebtedness
secured hereby, each and every, whre dne and peyabk according to law, bstore they become de ' ~
befors an interest ¦ttachee or an lu~9uent. and
Y Y penahy is ieK,vrred: •nd in eo far aa any thereof is of record the eame ehall be o
promptly satisfied and dixlurged ot record and the original otficial document Isuc6 as, (or inatance, the tu 3
roosipt or tbe eatisfaction paper officially endorsed or eertifiedl shall be placed in the h~nda of said Mortgagee ~ r
h ~
within ten days ne:t aftar p~ymdot: ~nd in the event that any thereot is not so paid. satiafied and diseturged, o
s~id Mortgagee m~y at any time pey the aame or any pari thareof without waiving or affecting any option, ~ A
1ien. equity or right under or by virtue ot this mortgage, snd the tull amount oi ~ch ~ad every euch peyment shaU J'
b~ immediately due ~nd p~y~bk aad shall bear intereet irom the date thereof unt~7 p~id at the nte of tea per - v
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3. To pl~cs sn d con tinuous ly keep on t h
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e now or h uesfter sitwta on ~aid land fire and wrindstorm ~ ~ 3
inaurance in tl~e usual standud policy form, . in a sum not kss t6aa the amount due hereon, in ~ch oompany ~
or companies ~s may be approved by said Mortgagee: ~nd ~It such ins~uanoe polieies on ~ny ot said buildings, any g
iatereat therein or part thereof. in tM aggregate sum atoresaid or in e:cese thereoi. ~ha11 contain the wwl s
stand~rd mortg~gee ctause ~king the lo~ under aaid policies. e~ch aad every. paYabk W said Mortgsgee u hu Q-
intere~t ao~y a~ear. and e~c6 and every aub polky shall bs promptly delive:ed to and held by s~d Mortgag~ ~b ~
and, uot kss t6an tee days in ~dvance of the e:piration ot e~eh polky. W delivrr to raid Masgaase? a iao~wal ~ ~
thenof. tog~ether with ~ reoeipt tor ths pr+ea~inm of snch renrw~l: and thecs sluq be no euch inaurance piro~ . ~
on any o[ said buiMings. wy intarsst therein ar put thereot. unk~s in cbs form and ~?ith ths loes p~yabk as ~
Joreraid: and in the eveat ~ny sum of moo~y becomss p~y~ble under wch poli~y or policies aud eaid Mortgsgee
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