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Home My WebLink About2979 f:-, _ _ ~ ' BUILDING "C" 4~~1~1~1 THlS I?iOItTGAGE DEEO, msds and executed th~ 18th~y ot ~ ~Ct. ~p ~8 - eylJohn F. Jacobs and Eva C. Jacobs, his wife of 6925 Willow Lane, Miami Lakes, L. 3 014 ~srein~tter e~qed tA~ 1?~ortga~. ahieh term ~Iul1 includ~ the he'u~. {egal rsprew~ntatives, ~ucpsaor~ and awi~eu - ot the ~id I?to~tgagor wherever the context ao requires or admits, - to TURTLB REEF A3SOCIATES. ING. P.O. Bos 816. Je~a~n Beach, FL 33457 ' hc~elnatter c~lld' the Moctgag+e;e, ahich ternn shal! inelud~ th~ ~ucceaaor~ aod aui~nna ot th~. said I~tortgagse wAerever the eontext so ecquires o~ admits. WITNESSETH: That tor devers ~od aod valuabls ton~ideratio~a, ~nd al~o in coiu;d~ratton o[ th~ ~ggreaat~ snm . aamed in the p~omisaocy note of even date herewrith bereinaftec . descsibed. tM taid Moetgagor doea bcrsbp grsn~ bargatn. eeil. alier. remix, release, canvey ~nd contirm unto the said Mortgages. hh dsira. s~coes~as apd as~igna. all the eect~ia plece..., psrcel.... or tr~cK.... ot twd, ot R+l~ich tbe said Mortgagor is eww seised aod poa~eased and in~ctud poa~e~ion, ~ituue in tAe County ot St, Lucie ~nd State ot Fbrida. dssaibd u idbw~c 45 and 46 C-12 . . Unit Weeks in Condominium ~ consisting of Apartment Number C-12 , and its undivided share of the comnon elements of Tur~le Reef Condominiums 1 as such is described in the amended Master form Deed as recorded in O.R. Book 256, Page 235. • : This is a purchase money mortgage. _ °'4 " It ia turther agred bet~reen the ~ parties to thL mortgage tluc. in additioa to tbe tenna and eonditions eet ~ out herein. it a conveyaaos should be made by ths Mortgagor of tAs preini~ berein dexribed. or ai?y part thereoi. without Srat obtajniag both the ~rriiten consent of tae bolder he~f. and an ~ssumptioo of t6is obligation. ia writing. bp the aew pmpoxd Gr~ntea then. and io that event, at the option ot th~ solda ba+~o~ ~ e o~ wlthoat notke, all sums of monsy securea henby sh~11. immod'utety and ooncureaatlp wit~ auch oonvsyance. becom~ r, dus and payabl~ aad sdd Not~ and Mortgags s6a11 be ia detaW~ c = ~ ~ TO NAVE AND TO HOLD tLs s~u~ toaetiMr witL ~II and smg~ilar t6e taneme~cs. Aeeedit~ments ~nd ~p ~ o~~ purtenanoes therwato bebnging or in anY~~ ~PP~?ia8 and the rev~ia~ aad rever~ions. reasaind~ and rr ~ ~ aoainders. tents. issuea and proCts thereoE and also all tl~s estate. right. titl~ iaterest. p~opertY. Po~x~n. clsirn and c ~ demaad whateosver as weU iu law a~ in dquity oi the iaid Mortgagor in and to the aame and ewx~r part aad M~ p~rcel thereof unto th~ s~id Mortgagee. and his 6eirs. saceeaaor~ and a~ig~u, in tes aimpk. n•' Md said Mortgagor, for himseU, and tis heirs. lsgd representativea, suocessors ~nd a~signs. hereby eonvenanta . ~+it6 said Mort l~ia !?eirs, le d r g~aes. S eprexntative+. s~ccessors and a~igns, that said Mortgagos i.+ iodefesaibly ~ S~:_ ~eized oi said land in he sjtnpla that the said Mortgagor 6ss full power and law~tul right to convey the satn~ in tee : M~. ~P~ ~s aioresaid: th~t it s6all be lswful tor said Mortgagee. his heirs. 1ega1 representativss. saeeeason and aa~igns, o~ at all tjmes peaos~Wy and quietly to mtu upon. hold occupy and enjoy said land and every pert thereoh. tlut wd iaad is- hee from ~ll intumbranoex that s~ Mortgegor. hi~ heira. legsl repreaenEative~. sucoesw~ aAd ~ assigns. w~71 make su~ch turthe: ~~surances 'to perfect the tes slmple title to said land ia said Mr~B~B~+• ; e his hein. 1ega1 repre~eatativ~. succe~.wrs and a~igns. •s may rusoaably bs reqnired: and that said Mortgagor . ~ w} does 6ereby tully w~arrant t6e title to said land and every part thereoi and w~l detend t~s same again~t the x 1awfW elaims oi alt pasons w6omaoever. p ~ ~ ~ It b nndersLeod that eacb ot the wrord.~. ••note••. "mortg~gor•• a~ "mortgagee" reapectivsly and the pronouna ~ referring thereto. ahet6e~ in the ~ingvlar or plun! anywhers in thi~ mortgage. shaU be singuLr it oas oaly aad ~ ~haD be plwal jotudy and ~everally. J more tlian ona and ~6a11 bs masculina Eeminins and/or neuter. w6erover ~ t}ie ooatezt ~o Implia cr admits. f ~ Aad ~aid Mo~tg~g~ tor hiaa~elf and Ais hein. kgal reprwmtative~. ~uooessoas and asaigns, berebp oovenants aad agresa to ~nd wriW said lriortgsges. hi~ legal rep~e~tatives. suoceswrs and ~uiigos: ~ l. To psy alt and singular Lhe principal and tnterest ~nd the various and sandry enme of money payable by . ~ virtus of said promiaaorp aote. ~nd this mortgage. each and every. promptly on the dsys respectivdy the same ~ severdlr bscoms dus. ~ 2. To p~y a11 -aad singWu the tazes, aex~sments, kvies, liabilities, obUgationa ae~d Incumbnntes oi every ~ natun and kind noa on said dcticribed property, andlor that l~ereatter rmy bs impoxd, suffee+ed, placed, lavied ~ ~ or ~e~esaed thereupon. and/or that hereafter may be levied or aa~esxd upon this noortgsge and/or tbs indebtedneas secvred bereby. each and every. when due and p~yeble ~ecording to lew. beiore thry beeoms delinquent, ~nd ~ ~ befors any interest attach~ or ~ny penalty ia incvrred; and in so tar a~ any thereot i~ of record the sams ~ha11 bs ' = pmmptly sati~tied and diu6arged of ~ecord and the original offiaal document (eucb as, for iastanos, the tax receipt or the saWtaction psper officially endorsed or certifiedl ahall bs pLeed in the band~ o[ utd Mortgages ~ within ten days nest after psrtnent; and in ths event that eny thereot is not so paid. satufied and dixhugecl, ~ said Mortgagee may at ~ny time psy the sams or any part thsreof _ wit~oot ~raiving or aHecting. anY option, ~ 4sn. equfty or right under or by virtue of tIw moKgags. and the tull amoupt oi eath and evety euch peyment shsll ~ bs iramediately due •nd payeble and ehall bear interest lmm ths date therooi uat~ paid at ths rate of ten per ~ oenturu per annur» snd together with euch interat shap be ~ecured by the lien oi this mortg~ge. ~ 9. To plece and eootinuouely keep on tbe buadings now or hereaftec ~ihiate on ssid land fire snd w~iad~torm ~ insurante in tAe uyual standard poGcp form, in • sum oot kaa than the amwrnt due hareon. in auch tompaay ~ ~ tompenies aa may be •pproved by said MortgsgeK and al! ~utti inswenos potick. on any oi •aid bwZdin~s, any interest therein or part tl~eol. in the aggreg~te rum ~tose~aid or in ezcesa tDereol. ~hall oontain tl~ uiu.af ~ st~nd~rd mortgegee cl~u~ making the loa• under said polide~. cach and evay. pey~ble to uid Mort~sge~ u hl~ ~ interest way ~ppear. and eath ~nd every such poliey sDali b~ promptly delives+ed to and held by ~ald 1?Iortg~~s~c • ~nd, uat te» th~n ten days in adv~nce ot th~ e:piratian ot e~eh poliey?. to dslirK to ~afd Mort~a~ a tearw~l ~ thereof, together w~fth a receipt tor the premh~ao of ~uch renewat; and tl~a+~ ~h~ll bs ao ~ueb iowranes pt~ed on any of •¦id buildtng~, any intarest th~rein or part tbsr+sof. unleaa ia tM form and wiW tl» bss Qayabt~ u ' - •foresaid: and in th~ ~vsnt ~ay ~um ot mon.y becom•s payabts und.r .uch policy or policiea wd said Mort,~sge~ ~ ~~RK~11 rac~29~ ~ ~