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Home My WebLink About0977 ~ • ~~90;~0 3, BUILDING "D" ' THI3 MORTGAGS DEBD, mds and e:~cuted tRs 20th~y o~ Seat. 19 78 _ John W. Chorlog and Eliiabeth J. Chorlog, his wife of 6600 SW 41th St., Miami, FL. 33155 h~in~it~ ta11~d tM Mottp~, whieA teem ~AaU iaclude tAe he'vs. kgd repr~tative~. suocesaors ~d u~igeu ot tM ~aid Mort~or wherevrr tlu ca?te:t so requires or admits, W TURTI.S REEF AS.SOCIA7E9, INC.. P.O. B~ 618, Jensen Bsach, FL 33457 Mreinaitar eallsd' the Mort~aes, which t~etm shaU include the aucceesors and aseigns oi the Q7 . ~tid Mortg~~es wMrever U?s oo~ce:t so require~ ~ admits. ~D WITNESSETH: T~at for devars e~ood and vduabk rnnsider~tions, and also in considentiQn of the ~ggregete acm I~• named in the pwmiswry note of wea d~te herew~itA hereinatter described, the said Mortgaqor does hereby `raat, b~rg~in, ~aU, alini, r~emise, re{ease, oonvey and rnnf'vm unw the aaid Mottgages, his heirs, sucreeeora and assians, all tAe eertain piece..., parc~e4... or tract.... ot land. of which the said Mortgagor is oow eeized and posssssed and inattual poaeesaion. aituate in the County ot 3t. Lucie and State ot Fbride, deeeribed .s fel~~w•- Unit Weeks 17 in Cond. D-la~~nd Unit Week 42 in Condominium D-8 ~ cons i sti ng of Apartment Number D-12 & D-8 re~e~ct~~~e~di vi de~ of the common elements of Turtle Reef Condominium I, as such ;s described in the Master Form Deed, recorde~ in Official Reco~~~ 203, Page 2002. This is a purchase money mortgage. ` It" is furtl~er agreed between the partie~ to thia mortRege that, in addi'tion to the terma and coeaitio~~ out betein, it a eonveyance slwuld be m~de by the Mortgagor of the pre~nisee herein de~cribed, or any t6ereof; ,withoat first obtaining both the written eonxnt of t6e hold~ hereof, ~nd ~n aaaumption of ch:~ _ oW~ation. .in writiag. by tbs new pnoposed Gnntee, then, ~nd 'w that event, at the option of the. lsoider here~t, ~ntllo~t botiee, all sums of monsy se~vred hereby ehall, immcd'utely aad concurrently with such eonveyance, berome ~ ~ ~tu~Aand p~yabk and said Note u~d. Mortgage shall be in defeult. ~ ~ ~ ` - ~O • 9AVE AND TO HOLD the aame, together with ~ll and aingular the txnemeats, hereditaments and ap ' 3~~~~ thee+eunto belonging or in anywise appe~taieing u~d the revers~on and reversions. remainder ~nd rr e+~ts. itsaes and profite ther+eot and also all the estate. right. titk. interest. ProP~'LY• P~pn. tlaim and ~nd~ ~rh~tsoever as well in law as in equity of the said Matgagor in ~nd to the ume and every part and ' ~ ~ed t6qeeot unto the said Mortgagee. and hia heiro, wceeseors and ~ssigna in tee simpk. w p # a i d Mortgagor. for h i m s d f. ~ n d h is h e i r s. { e g a l representativea, auccessora a n d asaigns. e r e by coav~ante ere ~ c wri ^ sai~ Mortgagee, his hein. legal repr~ent~tives. auccessore ~ad asaigns. that said Mortgagor is indete~sibly A~ oi ~aid land in tee simpla that tM said MorCgagor has fuU pow~ and lawful right to convey the saroe in tee as}~foresaid: that it s6all be law(ul for eaid Mortgagee, his heirs. kgal represent~tives. suaessora and ae~ign~. at tie~es pe~oe~bly aod quietly to eater upon. hold. oceupy and enjoy aaid land and every part ther~eof: _ ~tlut saal`land is free irom ~ll incumbrances: that said Mortgagor. his leeirs. legal repnsent~tives. succeeaors ~nd ~ asaigns,. ~n'R enake aucA further aasuraaoes w pertect tAe tee simpk title to said land in seid Mrotgagee, his be{~ 1ega1 representativee, suceessors ~nd aaaigns, sa m~q rasonably bs reqnired: aad that eaid Mortgagor ~'=~''~oE~i 6eieby tully w~rr~nt the titk to s~id land and every part tbereot and w~11 defend the aame against tbe ~ lawful eWms ot all per~one whomaoever. lt is understood tlut e~ch of the words. "note", ..mortgagor.. and .•mortgagee•• respectivdy and We pronoane ~ reterring thereto, whether in the aingular or plural enywhere in thi~ mortgage. ~haU be singular it one onty aad ~ shall be plurd jointly and xverally.- if more than one, and slull be ~n~sculine. feminine and/or nenter, w~ever tbe tonte:t so implies or ~dmits. . - ? Md wd Mortgaaor for himxlt and his heirs. Iegd rtpr~ent~tives, suoeessors and ~ssigns, hereby covenanta ~nd agrees to and with said Mortgeqee. his legal represent~tives. suooeasors and assigns: 1. To pay dl and aing??lar the principat and inter~at and the v~rious and sundry eum~ of mo~uy peyabie by virtue of s~id promissory note. and thia mortgage. each end every, promptly on the daya reepectivdy the same xvenlly become due. ~ c ~ c 2. To p~y all and~ singulu the t~ee, ~asesaments, kvies, liabilities, obligations and incumbnncea of everyr ~,f d~ nature and kind now on eaid describsd property. and/or that hereafter may be imposed. auffered: placed, levied ~ ~ ~ or assessed thereapon, andlor tlut hereafter may be kvie~ or assessed upon thia mortgage and/or the indebtedness o? secured h~by, e~ch and every, whea d~e and payabk aocording to law, before tAey become delinquenk and n ~ betae any int~erest •ttaehes or any penalty is incurred: and in so fu ae any thereof is of e~ecord the same at,all be A ~ promptly satisfie~ and discharged of reoord and the original officisl documeat Ieuch aa, tor inatance, the t~ ; Z^ noeipt or the sst'ief~ction p~per officially endoreed or certifiedl s6all be piaced in the handa of said Mortga~ v ~ ~ w~it6in tea days ne:t atter p~yment: and in the event that ~ny t6ereot ia not so paid. satisfied and dix6uged. ~ 3 s~id Mortgegee m~y at ~ny time p~y the same or ~ny part thereof witl~o~t waiving or affectisg anY option. ~ ~ ~ lien, equity or right under or by virtue of this mortgage. and the full amonnt ot e~ch and every such payment ah~ll ~ ~ bs immedi~tely due ud p~yabk and shall bear interest from the date tha~eof unt7 paid ~t the rate of tea per ~ ~ ~ eenturn per ~nnum and together with auch interest shaU be secnred by t6e lien of this mortgage. ~ ~ ~ ~ 3. To placs and continuoasly ke~p on the buildings now or hereaher eitwte on said land fire and windstorm ~ ~ insar~nee in the uaual standard policy torm, in a sum not leas tlun the amoont due hereon, in such company ~ ~ or oompanies ~s may be approved by said Mortgagee: ~nd all wch ina~ranae poticies on any ot aeiid bui3dings, any ~ ~ interost therein or part tbereof, in the aggregate sum ~toresaid or in e:cess thereot. ~hall oontain t6e uaua! ttandard mortgsgee cl~use making tt~e loew uader ssid poticies. e~ch and every. peyabk W uid Mortgagee ~s hir ~ intere~t m~y appe~r. ~nd e~ch and every euch policy shall be pmmptly delivered to and held by aaid Mortqagye: ~ and. not less th~n ten days in ~dvaace ot the ezpir~t'an of e~cl~ polky. to deltwr W s~id blatg~gee a reo~w~1 ~ thereot. toBether with ~ raoeipt for the premium of suc6 renewd: ~nd thecs shall be no euch inwrance pt~ce~ on any of said bwldings. wy interest tl~erein or p~rt thereoi. nnk~s in tbs form ud wit6 tbs lo~e payebk a~s atore~aid: and 'w the eve~t aay rum of mooey beoomes payabk ander wch poliey or policies and eaid Mort~gac ~ ~ r'~~!.~~ ; v~ ' •n:. ~ _ _ - - - - .r