The URL can be used to link to this page

Home My WebLink About0991 BUILDING "C" ~ 'l r THIS MOR1'GAGE QEED, mads ~nd ezecuted ths 19tha.y ot Sept. 19 py Alfred S. Kaye and Ruth Kaye, his wife of 1705 S. W..98th CT., Miami, F1. 33165 ~ he~einaiter called ths 1lfortgeRo~. which term shnU includs ths Leirs, kgal repreesrttatives, sucoseaoro and ueigw ~ ot the ~uid Mortgagor whereve~ the context eo ~equires or admits, to TURTI.B REEF ASSOCIATES, INC.. P.O. Bo: 618, Jen~en Besch, FL 33457 4~/ 3 ~ herein~fter c~llsd' the Mortgagee, whieh term ahaU include tl~s succe~aor~ and ~~igas ot t!?~ 2S : aaid Mortgeges wherever the context ao requirs~ or edmit~. ~D,J ~ WITNESSETN: Thst !or dever~ ~ooti end vatuable coneideratiocu, end abo in con~ide~etion ot tM aggregace sum i named in the poomi»ory note of even dste hereaith heninafter dexribed, the said Mortgago~ doe~ herebr grant, bugain. ~eeU, aUen, remix, releaee, coavey end confirm unto the aaid Mortgagee, hi~ hein, aucceasors ud ~ssigus. all the certaia piece.... parcel.... or trsct..., ot land, ot wRich the said I?lortgagor is row eeised and po~eaxd and inactuat po~e~~ion. .ituate in the County oi St. LLcie and State ot Floride, dexribed ~a tolbwx Unit Weeks 29 and 30 in Condominium C'12 consisting of Apartment Number C'12 , and its undivided share of the comnon elements of Turtle Reef Condominiums 1 as such is described in the amended • ~ ylaster Form Deed as recorded in O.R. Book 256, Page 235. • i • ~ This is a purchase money mortgage. i It• i~ turt6er ~grred batween the pertie~ to thia mortgage thst, in addition to the terroa and coaditioas set out berein, it a conveyanoe ahould be made by the Moirt~gor of the pnmix~ he~ein dexribed, o~ any part ~ thereof. withwt firet obtaining both the wRitten con~ent of the holder 6ereot, end an aaaumption ot thia , ~ ~ q-i obligatioo. ia w~riting. by ths ne~r propo~ed Graatee, then, and in that event, at the option of ths ho1dK !?a:~eoi. ~ witbout aotiee. all aums ot moaey eecured hereby ahall, immediately and eorreurrently with euch oanveyance. beooms _ ~ due and payabM and uid Note aad ~+[ortgage sl~al! be in detault. ~ ~ Sc i _ ~ m TO HAVE AND TO HOLD t6e sama tog+etAer with all and ninguLr the tenements. heraditaments and ~P : . partenanoes thenunto babnging or in anY~~ aPP~~~B and tAe rrvenion snd r~wer~ions. remsinder and rt ~ - ~ romaindare. reats. issues and profita thereof and also aU the esuta right. titk. intere~t, ptoperty. Po~~es,+ion. claim and ~ ; ~ demand whatso~ver as well in law as in equity of the said Mortgagor in and to the same and every part and ~ ~ ~ Wrcd t6ereof unto ths said Mortgagee. end his heire. suteeesors aad a~sign~. in tee aimpk. i ~ ~ And said Mortgagar. for him~elf. and his heiro. lsgd reptes~tatives. aucoe~sor~ and a~aign~. -~ereby oonvenents i ~ with said Mortgagee, hi~ heir~, .legal reprexntativea, aucceesors and auigna, that said ~ Mortgagr~r i~ indefeasibly ; .W seized of asid land in fee simple; that the eaid Mortgagor has full power aed lawful right to conve}r the aeme in fee - simple ~s afors~id: thet it ahall be lawful for said Mortgagee, his heirs, legal repnxntetives, successor~ snd aseig~u, at all times peaeeably and quietly to enter upon, hold, ocenpy and enjoy ssid land and every psrt. the~eof: t6at eaid land is hee trom all wcumbrances; t6at ~aid Mortgagor. his heira, legal rep~eeentatives. eucoessors and - .-ti~-~ assigas, w~ill make sueb f~uther as~urances to perfect the fee simpk title W said land ia eaid Mrotg~ges, his heire. 1ega1 representativea. ~eeesaors and assigns. ae may nasonably bs required: and that said Mort8~8~ i does hereby fully werraat t!u tide to aaid land end every parE thereot and w~71 detead the same against ths Iawful elaiais of all persons whomaoever. . E ~ It is understood tlut each of the ~+ord~. "note". "mortgagor" ~ad ••noo~tgages•• respectively and tM praeouns ref~rriag thereto. wAet6er ia the singular or plural anywhero in thia morigage, shaU be singulu if ons only and shall bs plural joindy and severaUy. if more than ona and shall be ns~sculine, feminins aad/or ~ter, w6aever ~xrD the oonta:t so implies or admita. ~ ~ Aad said Mortg~gor tor himsetf snd his hein. k8d rePr'sssntativs~. sooeewocs and s~siana. be~b~ rnvenaats ~nd ~ si n = agr°°° to and wit6 said biortgsges, his legal repreeentatives. sncoessors and asaigns: ~ ~ • 1. To pay all and eingular the principal " and interest and ths varioos and eundry aume of money payabk by . ~ tg virtue of eaid pmmie.wry. note, and thi~ martgage, each and every, pmmptly on the days respeetively the eams c ~ ~ severally be~come due. Q 73 g ~ d 3 2. To pay aU snd singulu the ta:es, aaxasments, lsvies, liabilit.ies, obligationa and incumbrancw of evay W y wture ~nd kind now on said dexn'bed property, and/or that hereafte: m~y bs impoecd, euf[erod, pleced, levied ~,r or asasseed thereupon, and/or that hereaftet may be levied or as~essed upon this mortg~ge and/or the indsbtednes~ V~~~ secured h~eby. e~ch and every. when due and payable aceording to l~w, before they becoms delinquen~ and C~ beEore ~ny interest attaches or any penalty is uecurred; and in ao tu ~e anr theceof is of record the sams sha11 bs ~ s~~ ~ promptly eatis~ed and discharged of record and the origiaal ofncial documsnt (~uch as, tor inatanca, tLs taz ~ ~ reoeipt or the satiataction p~per ofHcially endorsed or certified) shall bs placed in tbe hands of said Moetgagee ~ ~ p p within ten days ns:t afta payment; end in t6e event that uty the~root is aot so paid, eatiafied and discharged, ra~d Mortgages may at any time pay the same or wy part thereof without waivin or aK ;j rt p~ ~ lien, equity or right under or b virtue of thi~ mort g ~g ~y ~~a y gage, and ths fiill amwnt of esch and every such peyment ahall ~ bs immediately due ~nd payabls ~nd ahaU bear interest from the date thereof unt~ paid ~t tAe tste of ten p~ ~ centurn per annum and togethec with such intere~t shall be secnred by ths lien of this mortgage. ~ - ~ 3. To place and oontinuouely Icesp on the buildings now or hsreaftet situate on eaid land fire and windstoren inswanes in the usual ~tandsrd policy torm, iu ~ sum not lses than the amount due hereon. ia auch ooinpany or companiee aa may be approved by eaid Mortgagee: and all such in~urancs pelicies on aey of said buildiags, any ~ interest therein or part thereof, iu the aggregste sum afore~aid or in e:cesa thereof, ahaU oontaia th~ wud ~ ~taDdard mortg,~ges clauss making the loa~• under said pol~ies, each aad every. peyabk to ~aid Moctgage~ u hL int~re~t may appear. and e~ch and every euc6 poL'cy sball bs PromPtly deliversd to aad hsld b~ said Mat6~~c - ~ and, not leae than ten d~ys in advance ot t6s e: intion oi e~ch ~ t6ereot. ether with ~ recsi t tor the P p°~• ~O ~°Lwc uid Mortga~ ~ c~eorwd ~8 p Premium of eueh tensw~l: and tLe~s ~hall bs no sucs inauraac~ pl~od ~ on any of eatd buildings. •ny intere~t cb~eein or part thsreot. nnlhs in tlr form and wlt6 tM {ws payabi~ a~ ' ~ ators~afd; ~ad in ths event an~ ~um ot mon~y beeoms~ payabM und~r web poUep or polirisr and ~aid Mat~agM ~ !i ~ ~ ~ _ ~ ti f ;;~.:i . ~ ,~w . - - - - - - - _ , ~ c>- " ~:r`"~a ti~"~~~ ,rT~,.v~..r~ ;fi~,' ~ ~ . ,z5 ~ - -