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HomeMy WebLinkAbout0012 _ ' ~ , BUILDING "D" 4S~'Z~s 13 THIS MOBTOAt3S DE~D. mad~ ud e:~cut~d tM 21~iy ot NOV . 1~ ~ Emerson R. 6yram and Evelyn P. Byram, h1s wife of 117 12th Ave., Indialantic, FL. 32903 b.r.in.tc.~ altea eb. Morc~. weicl~ e~.na .A.u iaclua. cl~. Aeir.. Iss.~ rape...~aave.. .aeo...or. .na ...iaa. ot t!w raid Moetsa~ w6erevK ths conte:t ~o requir~e~ or ~da~ita, W TUBTI.B AEBF AS.90CIATE3. INC.. P.O. H~ Ald. J~asa Be~ch, FL 33~57 i h~eein~Rer talisd' tM Mort;aaes. which tenn ~h~ll inelude ths auecesson aad assigns of the sdd Mcrtg~~ wl~svK tbe oonts:t eo require~ or admits. ~ WtTNE33ETH: Tlat tor devers good and vdu~ble ooaiider~tions. and also in ooa~ideratipn ot the ~regate eum aatnd in tLs promiswry oote of aveu dste hercwntl~ hereinatter dsseribed. t1w said Mortgagor does l~eby ~ran~ Aargain. sdl. alies. remise. relsase. oonvey u~d oonfirm uAto the said Moetgaae~, his beirs. suceeeso~s at~d ~si~ns, all tAs aet~Iu piece.... pareel.... or tnct.... of !u?d. ot whieh the said Maeta~a~r L now ~sir~ed ~nd pos~~sd and tnaetual posssssioa, sitwt~ in the County ot 3t. Lueie and 3tate ot Florida, deseri'bed as folk+w~ ~ r~. Unit Weeks 38 and 39 in Condominium D-25 ~ ~ ~ry~ r c C ~ consisting of Apartment Number D-25 and its undivided share x s~~ ~ c~ of the comnon elements of•Turtle Reef Condominium I, as such is L • ° ti t n c-~ ~ described in the Master Form Deed, recorded in Official Records B~-~z~ x ~ .-~O+n..~... 263, Page 2002. This is a purchase money mortgage. •m ~ ~ p p m x ~ It is iwtl~es ~reed betweee the partiea w this mortgage that. in addition to the ternn~ and eonditions set c~- ~ - ~ out ~ein, it a tonveyanoe s6ould be mde by tAe Mortgagor ot the pre~nises herein dexn'Ded, or any p~rt $ r G t6~eOi. without tirst oMaining both the written coasent of the hold~ ber~sof. wd an ~s~ of tl~is ~ o~ x~ 0 obligation. in weitins. br tbs new propo~sd Gnates, t6en. and in that went. at. ths option oi tbs b o W e r l~ r~ e o f, tl o witl~ottt nocios. all wa~s of monep sscurod I~ereby stull. immediately and ooncurretKly wnth sucl~ oonveyanoe. beoome dus and p~y~bM ~nd a~id Note and Mortgags shall bs in def~ult. TO HAVE AND TO HOLD the s~ma wsetha~ wit6 ~11 u~d singular the t~ts. hereditameat~ and aP ~ ~ y purt~nanos~ the[wtnW bdoe~ing or in anywiee appertaining and the rever~ion and reversions. rsmainder and rs m~nd~n. rsnta. is~e~ and pronts t6ereof and dso ail tbe eKate. *i8ht. title. iaterest. P~~Y. P~~ cl~im ud deaw~d w6atsoever u well in law as ia equity of the said Mortgagor in ~nd to the aame aad every part and Parosl.thereot urito tM s~id Mortgagee. and his heirs. suecessoro aad ~ssigns. in fee ri~npk. And nid Mortsa~. for himself. and 6is heira. kgd represantativee. succes~ors aad assisns. 6ereby ooaveoanta with njd Mort~ages. Ais be~rs. legal represe~tetives. suoca~sors and assigns. tl~at s~id Mortga~ is indefe~sibly sei~ed oi s~id W~d ia fee simpie: th~t tbe said Mort~or hu tuD power and lawfiil riaht to oonvey the s~me in fee ~ aimp{e u doresaid: that it sha0 be lawtu! for said Mortgagee. Ais heirs. legd reprosentatives. snoassors and aseigna, z at aD times pe~oe~bly and qnietly to entar upon. 6old. oeeupy and esjoy s~id W~d ~ad every psrt tl~ee+eof: t6at pid land 'u troe trom ali incumbranoes: t6at said Mortgagor. his heirs. kgal ropresentativea, snoeessors and au~~, wiU m~lce sueb f~rther ~asur~noea to perfect the fee ample title to s~id land in seid Mrotgagee. his heirs. lesd representativee. suc~sors ~nd ~assi~ns. aa may ret~ooabty bs reqaired: and t6at said Moctgagor I does l~areby fnlly w~rr~nt t6e title to said land and every part thereof and w~71 defend the same against tbe j 1~wIu1 c4ims ot al! per~ons whomsoever_ - ~ It is understood thtt each of the words. •.note... .•mort8a8a•• ~ad ••mortBagee•• r~pectrvely and ths pronouns ~ referring t6ereto, whcther in the singular or plurd anywhere in thie mortgage, shall be singut~r if one aily and ' aAaU be plnral jaotlY and severally. if more than one. and slull be tnasculine. teminine and/or neuter. wlrerever ~ t6e oontest io impl~e or admits. ~ And nid Mort;a~or tor himself and his 6e"v~. legd repre~entatives. waoeasors and aa~igns. hereby oovenants ~nd asreeis to and with said Mortgaqee. his kgal r+epresentatives. suecessots and at~igns: 1. To p~y all and singular the principal and interest and tbe vuious and sandry sume of money paY~ble by ~ virtue of e~id promissory note. and this awrtg~se. e~ch and every, pr+omptly on the daye respectivdy the aams - severaUy beoome due. 2. To pay ~11 and singulu the tues, assessments, kviee, liabilitiee, obligations and incuiabrancee oi every n~tura aad kind now on said describsd pmperty. and/or that here~fter m~y be i~npo~ed. suftered. placed. lsvied or asses~ed t6ere~pon. and/or that her~tter may be ievicd or asses~ed upoa tl~s mortgage and/or tbe indebtedness ~ sscnred bereby, e~ch and every, wl~en due end p~yabk a~wrding to I~w, before t6ey bsoome delinque~~ and ~ befors ~ny interest attaelus oe ~ny penslty is ineurred: aad ia so far as any tl~ereof is of record the s~ms e1ia11 be ~ promptly s~tisfied and disclwged of reca~d and the original offiwl document (such ~s. for instance. tbe tu e+saipt or the satitfaetan p~per officidly endoreed or certifiedl shall be pl~oed in tbe hands of said Mortgagee ~ within ten day~ ne:t aher payment: and in the event that any thereot is not so paid, wtisfied and diech~rged. A nid Mortgagee may ~t any Cime pay tbe same or any p~rt tber~eof wit6out waiving or aifectin8 ~Y ~ tien, equity or rigfit under or by virtue oi this mortgage. and the full ~mount of e~ch and every suc6 payment shall ~ bs immediately due and p~yabis and shalt be~r interest from the date tt~eceof untU paid ~t tbe nte of ten per ~ oenturn per annum and t~et~r witb auch intaest ahaU be s~eeured by tbe li~ ot this mo~tg~ge- E 3. To placa and oontinuouslp Ice~p on ths bui3dings now or 6ere~ft~r aituate on said land fire and windsto~rm ~ insurmee in the usual standard policy form. iri • sum not kw than the amount due hereon. in such oompany ~ or oompanies u may be approved by s~id Mort~a~ss: and all ruch ins~u~noe poliaes oa ~ny ot said Mu7dings. any ~ iaterast tAerein or part thereof. ia the aggregate sum aforee~id or in ~e~s thereof. shaU oontain the usual ~ stand~rd mortsagee clause m~king t6e {os~ under eaid poScie~. e~ch and every. WYable W said Mortgagee ~s hi~ ~ iateewt may ~pps~r. aad e~c6 ~nd every eoch policy s6a11 be promptty ddivered W~nd. beld by uid Mortgag~ ~ u~d. not kaa_ tlun ten d~y~ in advanoe ot t6e e~ir~tioo ot e~ch poliey. to ddivK W~aid Matga~ • r~o~wd t6ereof. together with ~ reoeipt for t6e promium o! such renew~l: and tMre ihaU bs no sueh ins~mnce plaa~ on any of said building~. wy interest thersin or part t6eraof. unk~s in tbs torm and with tbs loss p~yable aa JoreMid: and in ths evsat any n~m ot mooey beoomes p~y~bls nndar wich policp or polieiss and ~aid Mortgagse i ~ ~ R 3~~ ~ ~ ~ oU0!( P.,6. a ~