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HomeMy WebLinkAbout0023 ` / BUILDING "D" ~'~Z91 ~ THI9 MORT(iA(iS DEED. ~.a..~a .:.~,~c.a ce. 15 a.~? or ~ecember _ 1~ 78 - John F. Collins of 312 Main St., Harwichport, MA. 02646 b.r.in.h.r cau.a ch. Uto:cpsar. ..6ich c.rm .b.u iaelua. cb. t~eir.. leg.t reqe..nat~v... .uec...or. .ua .nign. ot tM s~id URortaaaoc wAerevsr tb cont~st w requirw or admita to TURTLB AEEF AS.90CIA1'E3, INC.. P.O. Bo: 818. Jensen B~ach. FL 93~57 ~r Iwesinafiar eaU~d' tM Mortpaes, whicA t~um ~hall inclade tM auetesso~s and atagns of t6s s~id Mortg~g~s whsrevK tM conte:t so require~ or ~dmits. WITNE83ETH: Tl~at for dwero good aad wluabk oonsideratioai, and also in oouiid~tiqn ot the ag~egate sum n~md in the proaais~ory aote of even d~te l~erawith l~einatter dsscribed. tbs sald Matgagor does hereby ~nu~ barsain. ssll. alieo. reinise. ~ss. oonvey aAd contvm aaW the s~id Matga~, his 1?eirs. suoosssors and ud~tu, all ths oertaln pis~s.... paroeL... or tract.... of land. ot whieh the said Martg~ is now sa+sed ~~pw~sasd aad in~etual poss~ioa, sitwte in the County ot 9t. Laeie and 3ute ot Fbrida. dseeribed as . T t9 ~ ~ Unit Weeks 16 and 17 in Condominium D_g o~ a~ ~ S ~ consisting of Apartment Number D~ and its undivided share w~~ ~ of the cortmon elements of Turtle Reef Condominium I, as such is . ~ ~ described in the Master Form Oeed, recorded in Official Records E~~;: . ~ 263, Page 2002. This is a purchase money mortgage. ~ ~ g~ ~ ~ It is turther agreed between tl~e p~rties to thie mortgags that, in addition w the t,erms u?d conditionsps~ ~ on t 6~+ d o, i! • oonvep~ n e e s h o u l d b e m~ d e b y t h e M o rt g a g o r o f t h e p r e m i s s s h e r e i a d e s c r i b e d. o r a n y $ s r E q V . : tl~eof. witbait ljrst obtaining both the writt~ea eoasent ot tbe lald~r hareot, and an assiunption of ~v oWiaatjoa. in writins. bY t6e aw pe~opo~ed Gru~tea then. and in that svest, at the opt~on ot ths 6oidar l~et~o~ ~ ~ ~ witbout aotice. ~II mmi ot moner sscured hereby sh~ll. immediately aad ooneurrently wit6 sne6 eonveYsaoe. be~ ~ c~ dw and p~yabls aud a~W Note and Mortsa~s slull be in defautt. TO HAVE AND TO HOLD tbe atme~ togethe~ with all and sinsul~r tl?e teasments, hereditameats ~ad ~P parteoanoe~ tsanunto bsiongiag or ia anywise ~ppertainins the reveraion aad revereions. remainder ~nd es mvnd~rs: tents. isa~ ~nd proC~ts ti?ere~f and slso all ths eK~te. tight. title. interr~t. P~oP~+tY. P~ daitn ~nd demand wl~at~osver as well in law as in equity of the said Mortgagor in and to the same and every part and p~rosl tbeeeoi unto tbs said Mortgsgce, and hia heirs. snceeseors and assigns. in tee sunpM. And ~aid Mat~agor. tor himself. and !us heirs. lsgal r~pre~tatives. ~ncoessors and assigns. 6ereby convenants with nid Mortg~ges, his Aairs. leaal rep~sentatives. suocesson and aseigns. t6~t s~id Moctgaaot is indeteaeibly esi~ed ot s~id land 'm tes simple; tlut t6e s~id Mortgag~ hu fiill pow~r and lawinl ri~ht to oonvey tbs eams in fee ~impls as aforesaid: th~t it shdl be lawful tor nid Matgagee, his hsirs. Isgal rep~esentatlves. snaceswrs and assigns. at all tia~ Pe~ee~bly and 9niet~y to eater npoa. hold. oecupp ~nd enjoy s~id W~d and every p~rt thereof: , tlut wd land is iree from aU ineumbranoes: that said Mortgsgor. his hsirs. legal representatives. suaessors ~nd assi~s, will malce sueh turther ~ss~u~aoes to perfect the tee eimple titls to ~aid land in s~id Mrotgagee, . ~ his beirs. leg~l -repreaentatives. saecessors aad assi6ns. as may re~sooabty bs required: and _ t6at said Moetgagor , ; does hereby taUy warraat the tit{e to s~id land aad every part tibreof ~nd w~71 de[end the same ag+ainst tbe . ~ lawiul cWme ot aU peraons wbomsoever. E ~ It is understood that e~ch of t!x word+. "note". "mortgagor" and "nwrtgagee" rKpect~velY P~ ~ referring thereto. whether in the ~ingular or plural enywhcn in ttua moctgage. shall be singulu if o~ oaly and ! eha!] be plural jointly and sevaaily. it more than one. and shall be m~sailine. feminiae wd/or ne~t,er, whsever - ~ the eontezt w ia~plies or admits. ~ And ~aid 1~ortg~~ for him~elt and hi~ 6ein. {~al e~epro~ertative~. snceeNOrs ~nd awigns. bereby oovenants ~nd ~grsss to ~nd with said Mortg~qee. his kgd roQresentatives. successors ~nd a~signs: 1. To pay ~11 aad singuLr the prie~cipal and intenat and the various and sundry eums of iaoney payabie by virtue of said promiasory note, and thie mortgage, esch •nd every, promptty on the daya respectivdy the same severally beoome due. 2. To p~y all and eingular tAe t~es. ~sseasments. kvies. liabilities. oblig~tioas ~nd incumbnnces of every aawre and kind aow on eaid descn'bad Prop~rtY. andlor that bereafter msy be unpo~ed. euffered. placed. levied or aeses~sd thare~pon. and?or that here~fter may be levied or ~sseased upon this mortg~ge and/or the indebtedness ~ecnred hereby. e~ch and every. when due ~nd p~yabk aoeording to (aw. before they become delinquent, a~ befors any int~rest ~ttacius or any penalty is incurred: ~nd in so f~r as ~ny thereof is of rei.~ord the sams etsall be pwmptly wtisfied and diseharged of record aad the original otficW document (snch as. for iastaeae. the taz rsoaipt a tbe satiai~etion qper offici~lly endorsed or certifiedl sh~ll be plaoed in the hands of said Mo~tga&ee c~ y wftAin ten day~ nest att~r payrnent: and in the event that ~ny thereot is not so paid. satisfied ~nd disc~rged. ~ said Mortgagee m~y at ~ny titne p~y tbe same or any part t6ereof witlwat waiving or affecting anY option. ~ lien. equitY or right under or by virtne a( this mortgage. and the tul! amount of e~c6 aad every such p~yment ehdl ~ bs immediatdy due and p~y~Dk ~nd shall bs~r intereat irom t1~e d~te theneof until paid at the nte of tan per ~ osnwrn per annum and together writh euch interest shall be seenred by tl~e liea ot this mortgage. ~ 3. To place ~ad oontiauoudy kesp on t6e buildings now or here~ft~er sitwte on said land fire and windst~orm ~ insuranee in the usud suadard Poli..'Y torm. in a sum not less than tbe amo~at due heroon. in sue6 oompany ~ ~ or oompanies as may be approved by ~aid Mortgagee: aad all ~uc6 ins~vance polides on ~ny ot eaid bu~7dingr. any , ~ interast therein or part thereof. in the aggrcgate sum atoresaid or in e:oes thereoi. shull ooatain the nw~l i ~ ~tandard mortgagee clause mtlcing ths 1w~ under said polieies. e~eh and every. P~Yabk w said Mortgages as hi~ h?tere~t m~y appe~r. and euh ~nd every such policy saaU be pro~nptly ddive~+ed to and ~eW by eajd Mo~tg~se; i ~ ud. iwt le~s tb~n teo day~ in advaaoe of the e~ir~tion ot e~eh policy. to deliwr to ~aid Mortaa~ a e~a~wd tlwr~eot. to6et6er wit6 a rseelpt for tbs praminm ot such reoewal: and tMre shall b~ no suc6 iawuanos plsood i on any ot said buildin~. ~ny interest tl~ein or part tAereoi. nnk~a in ths form and with tM bss p~yabk sE dore~aid: and in tbs event mr sum ot mooey beoomes p.yble w~er .ueh poliey or potieis~ and ~aid Mortgagee ~ i E ~ ~ ~ ~ F~cf ~ ~ ~ - - - - - r _ _ _ _ . _ -r._.