HomeMy WebLinkAbout0995 BUIIDING "D" 4~~~~ ~
~3
,
TH13 MOR'!'(3AGE QF.F.D. m~ds •nd ececuted the 4th__ day ol March ~ ~9 ~8
Howard L. Marr and Nancy_t~..Marri_his__wife of Rt. #~2~ Box 66 T3, Titusville, FL.
32780
hr~iwtt~r ca11d Uw Mortp~. whicA t~rm ~ha11 includs tM h~ir~. 1sRa1 npr~tative~. woo~oa ~nd ~
of tM ~tid Mortp~or wMnvK tt~s contest w requirsa o~ ~dmlta.
to TURTLB RBBR AS.~ACIATE3. 1NC., PO. Ao: alA. Jen~en Be~cA. PI. 3:~45T
Mnin~tt~? c~U~d tM Mort~pe. rhich term ahaU include cbs ~uccawn and aui~n~ o( th~
~aid Mott~ whersvK tM conte:t so requ'ue~ or ~dmits.
WlTNE83ETH: That for dsvers Rood ~nd v~lu~bk conrider~tton~, end ~lso in eoniidet~tlqn ot th~ ~t~ nup
namd in the promiswry note ot even date herewitA hereinatter dercn6ed, tM s~id Mort~~ dw~ Iwt~eby
sraat, b~rpin. ~sU, alien, remiie, rek~se, rnnver ~nd confirm unto the +sid Nortp~, hfs Mir~, suto~pon ~ad
wiQna, ~ll tM c~rtain pisce..., parcel.. . or tr~ct ot I~nd, o! ~rhich t!?e saM Mortsa~o? i~ now Nised ~nd
po~s~sMd ~nd in~ctu~l posse~~ien. aitu~te in th~ County ot 3t. Lucie and State ot F{orid~, ds~eribM! a~ fdlow~
A 0.0769 % undivided interest in fee simple absolute as tenant in comnon.
in ~e cer a n real property described in the Master Form Deed of Turtle Reef
Cor~dominiums 1, recorded in Official~Record Book 263, Page 2002, su~,~ect to
divestment as set forth in said Master Form Dee and u n such divestment
interval ownership consisting of tlnit Weeks ~0 and ~n Condominium ,
cbrtZ~isting of Apartment Number ~-8 , and its undivided share of the
com~ton elements of Turtle Reef Condominiums 1, as such is described in sa~id
Master Form Deed. This is a purchase money mortgage.
-a
7
..t v' It iu turtAer ~areed between th! partie~ to thia mortRsqe that. in addition to the terms and eonditioru ~st
Out I~~sin, il • conveyanee shou{d be made by the Mortg~gor of the premises Aerein de~cribed, or ~ny p~rt
: Z ~~w?ed, without titst nbtaining botA the wrritten consent o( the holdar Aeraof, ~nd an aantmption• of thi~
qbU~ation, in writiaa, by ths new proposed Gnntee. then. and in that event, •t the optioa of t!M holdfr Mnot,
tituo~lt notice, dl auma ot money xrured hercby sh~U, immediately and concurrently with ~uch toaveyanoe, bsoome
dw aid p~yebk aud ~aid Note ~nd Matqage sh~ll be in det~ult.
~ , TQ HAVE AND TO HOLD the +ame. together ~rith ~U and aingular the tenements, henditaa~uta and ~p
tl~euato bebnging or in anyxise ~ppsrtaining ~nd the reverru~n and tevet~ioai, retn~indK ~nd r~
n
a : nati. iuue~ and proflts there=.,~ and ~fso ~U tAe estate. right. titk. ~nterest. P~~P~'~Y. P~• eLita urd
w~h~taosvK ~s weU in la~v b~ ~u •-,uity ot the ~aid Mortga~r in and to the satne u~d wery p~rt and
~}arpl,tbeteo( unto tb~ wid MortgaRee. •nd h~e heirs, aucces~or~ ~nd •s~~An.. in tee simpk. ~
• Ajd wd Mort~~. tor himse7f. and hu+ he'vs, kaal roprs~~ntative~, auceessors ~nd uii~ns, h~nbr aonwnaMs
~rit~ Mid Mortaa~ee. his heira. {egal repee~entstives, auccs~wn and ~~~igns. that Mid Mortp~ i~ indtfNaiWp
Ni~d iot wid land in tee simple: that the eaid Mortg~Ror lus fiil) power and I~~rfnl ~AL to tonv~ tM rams in bs
~Im~M as atoresaid: th~t it slup be law~ful for s~id MortRage~e. his heir~. Is~l roprerent~tiva. ~ueeeaon and a~.
at W ti+ne~ ps~ca~bly •nd quietly lo eoter upon. hold. oecupy ~nd er~joy eaid laad and we~y p~rt tl~sof:
Ll~at s~id I~nd 'u hee from all incumbr~nces: th~t ~~d Mortgagor, his heirs, legal roprt~entativea, ~uo~s ~nd
aai~. will make wch further a~aur~nces to perfect the fee timple utk to s~id land ia ~aid M?ot~~.
hi~ lwin. le~) representatives. suecessor~ and •asi~ns. •s may re~~ot~aWy bs required: and that s~d Mort~~x .
I; ~ I~ereby fully w~rrant the titk to ~ad land and every part thereof •nd will defend ths ~ame aRain~t tbt ` ~
` ` j
I~wiul tlaims ot aU ppr~ons wrhom.~oever • ~
~ Jt is understood tlut e~ch of the word~. "note"'. "mortqagw" and "mortgaqee" respectively and tbs pmaoun~ ~ ' t~.
reterring tAerrio, w~hetRer in the a~nquLr or plur~l any~vhere in this rtwrtRage. ehall be eingular if one otily and ~ Y~~
shall be plunl jointly and xverally. ~t more thsn one. and shall be ma~culine. feminine andlor neuter. wt~ever f~i
; tAe conte=t io impliee or ~dmite i I'~ `
± .
~ n
~ Aad wid Mort~~ to~ himxtf and hu heirs. legd representative~. wiocewors ~nd suign~. Mreby eovenaob ~nd
~ ~ar~es~ to and with s~id MortgsRe~e. his legd represent~lives. successors ~nd aariRns: • F?
~ • ~ .
1. To p~y all and einRuler the principd snd interest and the vatious ~rd sundry sums ot money p~y~ble bq ; _ : I ~
~ virtue ot said promissory note. and this rtwrtRaRe. ach •nd every. promptly on the d~ye re~pectively the same :
; eevarally becort~e due. ' ti 1~ i
~ ~ c a -
g ~ Z. To p~y all ~nd singular the t~es. ~ssessmenu, levies, liabilities. oblig~tans and incumbrances ot ~very
~ naturo •nd Icind no~v on +aid described property. andlor that hereafter msy be impo~ed. suttend. pl~ted. isvied
$ or ~s~aed thereupon. and~or chal her~tter rtuy be levied or as~eased upon this mortgage ~nd/or tbe indsbtednMS - V. v.~
5 sseured heroby. e~ch and every, when due and p~yabk ~ccording to I~w, beiore they Mtorn~ delinqwot, and
~ betoro any int~re~t ~ttachcs or .nr ~,.~cr is incurred: and in so t~r a~ aay thereot iu of record tbs ~a~ ~h~ll b~
~ proenptly wtistied and dischar~d o( record ~nd the original ~ oifitia) documee~t Isuch u, for iatt~na, the tu
rsaipt or the satis(~etion p~per otficiaUy endor~ed or certificdl shall be placed in the lunds of ~iW MaK~~
~ wkh~ ten day~ ne:t after p~yment: ~nd in the event that ~ny thereof is not w paid. wtisfeed ud di~cl~rpd,
~ aid Mort~gee may •C •ny time p~y the same or any pirt thereof wit}?wt w~iving or ~ifectinR any aptbn.
li~n, puitr or right under o? by virtue oi this mortgage. •nd the tuU amount ot Mch and every n~ch p~ymsnt shall
? ~ la~enedi~tely due ~nd p~yabk and shall be~r intere~t irom the dete ther~sot until paid ~t the nte ot tea qr
wnwrn per annum and toget!?er w~ith such intere~t ihaU be eecured by the lien ot tt?iw mortg~g~s.
` 3. To plau ~nd continuously kMp o~ tF~s buildinge now or here~tter ~itwtt on safd land ~re ~nd wrind~torm
Luur~nc~ in tbe u~ual standud policy toren, in ~ n~m not lea~ than the ~mount d~e hereon. in such compar
or compania ~s may be apQ?oved by said Mortg~~ee: ~nd dl such iniur~nce poticies on ~ny of ~aid buildi~s, any
iatenat tberein or part thereof. in the aggregate sum aforesaid or in e:ceit thereof. shaU a,ntain tbr urwl
' ~ndard mort~~e clau~e m~kin~ the bs~ under ~aid policiea. e~ch and every. p~y~ble w wid Mortp~ ~s Air
~ 'v tnt~n~t may ~ppe~r. ~nd weh and every ~ueh poliry shall b~ promptly d~Uversd to aad held bp afd MortppK
' and. aot las th~n ten day~ in ~dvu~u ot che espir~tbn of e~eh poticy. W d~liv~r to sdd Mdrt~a~ • e~aswd
3 ~ J~ O tM~eof. Wstt[ur with • reetlpt tor the precnh~m ot such nnswd: ~od e6~n ~haU b~ oo wub lawu~t~o~ pl~ad
~ on ~nr of said buildinp. ~ny int~rest tt~erein or p~rt theroof. unk~a in tFw torm and wlth tM IoM p~rabi~ u
~fors~aid: ~nd in tM ev~nt ~ay ~um of ~aoney beeomee p~rabk ondsr wuh policp and wid Mat~s~
n lNoMwd ~-J~+~-~. In Pryn~rn 01 Tax~s
q Du~ On p~sr "C" InWqlbl~ Pr?sornl Ptop~nY.
BOGK ~J 1 PAf,E i7~7~i Purtuam To chapt~r 71. 134. Aaa Of 1971. ~
~ • RO(iEA POITA/~S 2
~
Clrk CM~o~lt Co~rt, iL Fy. .
~ w ~ _ ~ ~ ~P
A~`~
~ s.~E~~ ~ ' ~ ~ ~ -
~ ~ ~ _
_ ; <a-
- _ . ~:a . ~ ;
_