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Home My WebLink About0007 i ' ~ . [~UILOING "C" 45n284 . THIS MORTGAGE Q~F:D, made end e:ecuted eh~ ~d~y ot N~~ ~ lg ~ Richard Anderson Byers and Jamie Leah Byers of 2317 Cleveland Blvd., br Grant City, ILL. 62040 { , hereinafter caUed ths MortgaRor, which term sheU includs t6s heirs, kgal repre~ntativea. sucossaors rwd usign~ ~ ot the aaid Mortgagor ~vherove~ the cooi~xt ao require~ o~ admita. - to TURTLB RB~F ASSOCIATES, 1NC., P.O. E3ox 618, Jenxn BeacA. FL 33~5? ~ he~eina[ter called~ ths btortgagee. which tenn ahsU Include ths succesaora and assigas ot tt~t asid 1?tortgagee wherevsr ths conteat so rcquire~ or ~dmity. W[TtiESSETN: That tor de~•e~a good and valuable conaiderationa, and deo in eon~ide~atioa ot th~ aggngat~ st~m nsmed in ths promi~~ory note of even date Ae~e~vith hereinafter dexribed, the said I?iortgagot doea h.reby t grant, bsrgain, vdl, alien. remi~e, releaae, convey and tontum unto tl:e said 11;ortg~ges~ t~a beiro, ~ycce~so~a ~ a~eigna. aU the cectaia piece.... percel.... or trecG... ot land, ot ~vtich the said Matgagor b now seized and ' t, ~ posx~xd and inactual po~.+ea~ion, aituate in the Courity of St. Lucie snd State o! Fbrida. dexcibed ~a tollow~c 3 Unit Weeks 35 and 36 in Condominium C-14 • , consisting of Apartment Wumber C-14 , and its undivided share of the connwn elements of Turtle Reef Condominiums 1 as such is described in the amended ~ r: - ~Master Form Deed as recorded in O.R. Book 256, Page 235. ~ . This is a purchase money mortgage. . 4 It is further agroed between tl~e paitie~ to t6is mortgage tha~ in addition to ths terma ~nd sonditioa~ eet out herein, iE a conveyaace should be made sy tl?s I?iortgagor of ths prerniasa Aerein dearncribed, or any part ~ ~ t6ereoi. ~rithout firat obtaining both the ~rritteo eansent of tbe holder hereot, add an assumptioa ot this ~ obligatton, in wilting. by tbs ae*r propoxd Grantes, t6en. and in t!?at rven~ at the option of tbs holder bereo~ without aotice. all suma o[ money senued hereby shall. immcdiuelr and eoncureeatly ~,rith aueh oonvsyance. beoom~ due and payabls u~d s~d Nots and Moctgage sh~ll bs in defad~ 1b HAYE AND TO HOLD the aame. togetber with all and singuLr the Le~ements, hereditaments and ~p. purtenance~ thereunto bebnging or in ~nywi~s appertaining aad the rever~ion and reversioas, remainder and r~ ~ - c msinder~. rent~, iasusa and profits thereo[ and alw al! the satste, right. title. iacuest, PropertY. Po~x~ion. claim and ~ " demand ~rhatsoever a~ well in lew se in it of ths aaid Mort A o equ 7? g~g+or in and to the ~ame and every pert aad ; parcel thereoi unto t6e said Mortgaqee, and his heirs, succeasors and a~~ig~u, in fee aimple. ~ y~.,~ And said Mortgagor, tor himxlf, and his heirs. bgal tepreseatative~, succeseora and a~~igns, hereby convenante wnth saId Mortgsges, his heira, legel reprexntstive~, sueceawrs and ps~igns, that said Mort _ ~e gagor i~ indefeasibly ~ seiud ot said laad in fee aimple: thet the aaid Mortgagor haa tull power and lswful right to convey the same in fee ` aimple as aforesaid; thst it shsU be law[ul for ssid Mortgagee. his heire, legal reprexntatives, succeseors and sssign~. ~ ~ at all tis~es peaceably and quiedy to enter upon. hold. occupy and enjoy aaid Iand and every part thereot- ~ tl~at said iand ia tree trom all incumbrancer. that aaid Mortgagor, hi~ heirs. 1ega1 seprexntativee. succe~sors and - a~eiga~, wriU mafce such turtAer as~uraace~ to perfect the fee simple title to said laad in aaid Mrotgegre. ; z hia heirs. legal repreuntative~. succea~ors and aa~igna. aa may reaeon~bly bs nquired; and that sAid Mortgagor k ~ dce~ hereby fuUy warrant the title to said land and every part thereof and w~l detend the same against the - ~ lswdul claims of all persons whomeoever. ~ ~ ~ - . " It is unde~etood tbat each of tl:e word~. "note". "mortg~gor" and 'b?ortgagee ' respectivsly and the pronoua~ referring thereto. whether in the ~ingutir or plural anywAere in this mortgage, shall be aingulu U ons ody ~nd f x~ sha11 be plural joindy and severally. if raore than ons, and sbaD be masculine. teminins aad/or _nsnter. wb~rsva ~ < the oontezt so implies or admit+. € Aad said Mortg~gor tor himself and hia heirs. kgal representative~. ~uoces~vie and ~uign~. 6asby ouvenants and W ~grees to and w~ith said Mortgagee. hi~ legal reprase~tative~. suue~sors and a~signs: ~ t ~ 1. To pay sU and singvlar the principal and intere~t and the variou~ and eundr~r ~m~ of money psyabk by virtue of eaid promi~~ory note, and thi~ mortgage, each and every, promptly on the days reepectivdy the eatne ~ aeverally b~come dus. 2. To psy all aad aingular the tazea, asses~ments, levies, lisbilitiee, obligatioaa ae~d iecumbrances of every nature and kind now on eaid de~cribr! property, and/or that hereaiter taay ba impoxd, euftered, pleted, levied or •sseesed thereupon, end/or thet hereafter may be levied or as~essed upon tAie mortgage ~nd/or the-indebtednees eecured hereby. eac6 and every, when due and payeble according to lnw, betore they . beoome delinquent, and beforo any interest •ttache~ or any penrity is incurred; and in ao far ~s nny thereof is of record ths aezns shaU bs ' promptly eatis[ied and dix6arged of record and the original officid docucnent Ieuch as, tor instance, ths taz receipt or the satisfaction peper oificielly endoraed or ccrti~iedl shall be pl~ced in the hand~ of sald Mortgsgea ~ ~ witAin ten days ne:t ~fter payraent: end in the event that sny thrreof ia not so paid. sati~5sd and dixlwged. ~ said biortgagee may at ~ny time p~y the earoe or any part thereof without waiving or affecting, aay option, ~ 4sn, equity or right under or by virtue of t!w mortgege, and the Eull amount of each and every auth pey~nent a!?aU ~ bs immediately due and peyable end aAall beer intere~t Erom the dace thenef unW paid at ths rate ot ten pes ~ centurn per annum and together with euch intere~t ehall be aavred by the tien of this mortgage. ~ 3. To plece and coatinuouefy keep on the bu~7ding~ now or hereaft~ situate on ~sid Isnd tve and ~vind~torm ~ insurance in the u5ua1 standsrd poticy torm, in a sum not le~~ than the amount dus hereon. in such coropeny ~ ~ or tompenies a~ mey be approved by anid Mortgeges: aad all ~uch insurance policie~ on any ot ~dd bu~dings. any • lntere~t therein or put thereot. in the eggregate sum afonsaid or in ezcesa thsreot. dudl oontain t6s nwal ~ ~t~ndard mortgegee clause melcing the Eox• under said policie~. each and every. payable to uid Mott~egss u hL lnterest cney ~ppear. ~ad wch snd every such polity ahall bs promptly detiversd to ~nd hsld by ~ald biortgagw, • ~ ~nd, not le~s t6sn ten dsy~ in advance of the s:pirat~on of seeh polky. to deliver to ~aId Mortgas+e~ a narwal thereoi, togetber ~vith • receipt for ths premium ot such tenew~l: and there ~1~11 be no tacb inwrana plaed ~ on •ny of eaid buildinga. •ny intareet thareia or p+~rt tAereot, unlea~ ia t!w fvrm and wlth th~ bas pay~bk a~ ' ~ •loresaid: and in ths evsat any sum of ma~nsy becomss payabie undar iuch policp or poUctes ~nd ~aW Mortgsg+s~ k 'I ~ ~ ~ ~~~x 312 P,,~~ - 7 ~ ' , x. _ - - - - _