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Home My WebLink About0028 7 ' ' " BUILDING "D" C 450293 TH13 MORT(3AGE D~~~, m.ae.na e:«~~caa e~ 12th~y oi April 19 79 Paul A. Converse of 6 01ana Dr1ve, Canton, Mass. 02021 6~inattar• called tM Mortg~, wAich t~ecro shaU inelude ths he'vs. le~l rqxe~satative~, sueoa~ors and wign~ oi tbe sdd MoKgaaot wherever tbe conte:t eo crqulres or admits, W TUItTLB REEF ASSOCiATE3. INC., P.O. Ao: 618, Jen~en Be~ch, FL 33~57 ; ~ bsreinatter calkd' ths Movtg~gee, which term sh~U include the sucee~son u~d aesigne of the aid Mott~gee wherever the conte:t so requirss or admits. WITNE33ETH: That for devera good and v~luabk rnnaideritioas, end alao in rnaaidentiqe ot the aggrcg~te sum aamsd in the pwmissory note ot even d~te herewrith hereinatter de~cribed, the said Mortgagor does hareby ~an~ barg~ia. ssU. alien. cemise. rele~se. oonvey and confirm unto tAe ~aid Mortgagee, hls Aeirs, euoossson tad a~a~aa, ail the cwtaia pisoe..., parcel.... or tract.... ot land. of wAich t1?e said Mortg~gor is oow seized a~ pos~sssed ~~d inattua) posxsaion, sitwte in the (',ounty of St. Lucie and Statr ot Fbrida, described ae tdlow~ Unit Weeks 19 and 20 in Condominium D - 18 . ~ S ~ ~ ~ ~ ~ ' consisting of Apartment Number D ' 18 and its undivided sharz - S ~ M ~ of the common elemeqts of Turtle Reef Condominium I, as such is o a . ' c ~ Y ~ described in the Master Form Deed, recorded in Official Records Book ~ g ~ ~ ~ W {t~ 263, Page 2002. This is a purchase money mortgage. ~ ~ c~ c ~ ~ ~ o t .v J It is f~rther agt+eed between the psrRie~ to thia mortRage that, in addition to the terma ~nd condjtions v „ ~ out 6erein, if a oonveyance shouW be made by the Mortgagor of . the premi~es herein dexribed, or any ~ ~ ' tl~eot, without first obtaining both the ~rrittea con~ent ot the holdar hereot, and an ~saumption of v obtigation, ia writ3ng, by tl~e new proposed Grantee, then. and in that event, at the optan ot the boWer f~ without ootice, all snms of money sectired hereby ahall, immed'utely snd concurrently witA such oonveyance, m dw aad p~yable end said Note and Mortgage ahtll be in defauit. ~ v TO HAVE AND TO HOLD the same, together with all and singular the tenemeats, hereditameats and ap~ % purt~enanea thereunto bebnging or in anywix appert~ining •nd the rcver+wn and reversions, remainder aad rs m~inderb. rents. issuea and pro~its thereot snd al~o aU the eatate. right. iitk. interest. property. possessioa, cWm ud demand whateoever as weU in law as in equity of the said Mortgeqor in and to the aame and evtvy part and parcel thereoE unW t6e aaid Mortgsgee, and hie heirs, aucceeaora ~nd asaigna. iri tee simple. Md said Mottgagor, tor himxlf. and hia heir~, legal representative~, ~ucce~aora end ~saigns, hereby convenants with eaid Mortgagee, lue heire, kgal reprexntativea, aucce~sora end a~signs, that aaid Morigagor is iadefe~s~bly - seised ot said laod in fee ~impk: that Lhe aaid Mortgagor Me full power and la~rful right W convey the same in fee simple aa atoresaid; that it ~hall be lawtul tor eaid Mortgaqee, his heir~. leg~i represn~tatives, successors and aaeigns. ~t dl times peace~bly and quietly to enter upon, hold, occupy and enjoy aaid land and every p~rt thereot: that said Iand is free from eli incumbrences; that said Mortqegor, hie he'vs, legal repreeentatives. suaeseore ued aaaigns, will make auch forther asaurances to perfect the fee simpk title to aaid land in said Mrotgagee, his heirs. kgd representative~. suecessora ~nd a~signs. a~ may reasonably be required: snd that aaid Mortgagor I does heteby tuUy w~rrsnt the titk to said land and every part thereof and w~ill defend the same against the ~ lawrful ciaima of a0 per~on~ whom~oever. ~ It i~ underatood that ach of the ~rords. "note". "mortgagor" and "mortgagee" respectively and tM pronouns ~ referring thereto, w~hether in the ~ingular or plurel anyw~here in this mortRage. ~hall be singul~r it one only aed ' ahall be plurd jointly and sevetaqy, it more then one, snd shall be maxuline, feminine andlor neuter. wl~erever ~ t6e ooate:t eo unplies or admit~. ~ And wid Mortgagor tor himeelf ~nd his heirs. kgal repreaertatives. sucnesors and assigns. hveby cavenants and asrees to and witb said Mortp~a~ee. his legal nprn~entative~. succee~ors and a~eigns: 1. To pay all and ~inRular the principal and interest and the veriau~ and sundry eums of monry peyable by virtue of aaid promissory note, and tttia rnortqage. each and every, promptly on the days reepectively the sarae , severtlly beeome due. 2. To pay aU end singular the tues, saeeaementa, le~ries. liabilities, obligstions and incumbrancea of rvery ~ natnre and Icind now on said dexribed praperty. and~or that heresfter mey be impoeed, suftered, pLced, kvied a assesaed thereupon, snd~or that hereafter may be levied or assesxd upon thie mortgage and/or the tindehtedneee secured bereby, each and every, when due snd payable ectording to law, before they become delinquen~ and be[ore any interest attaches or any penalty ie incurred: end in so far as sny thereof is of record tbe eame sl~all be promptir satisfied and discharqed of record and the original offiicial document (such ae, for instanoe, the taz ~ reosipt or the satiafaction p~per officially endorsed or certifieai shall be placed in the henda of eaid Mortgagee ~ within ten days ne:t after p~yinent: and in the event th~t sny thereof ia not eo paid, eati~Cied a~ disclurged. . ~ said Mortgsgee may at any time pey the eame or eny part thereol without ~vaiving or affecting any option. ~ lien, equitr or right under or by virtue of thi~ mortgage: and the full amount ot eacA and every such p~yment ahatl a be immediately due •nd p~yeble and ehall beor interest from the date thereof unti) paid at the rste of ten per ~ osnturn per aonum and Wqether w~ith ~uch interest ahaU be ~ecured by the lien of this mortgage. ~ ~ 3. To place ~nd continuously keep on the building~ now~ or hereafter aituate on said land fire and wrindstorm ~ insuranee in tbe uaual sundud policy form, in a aum not less t6an the emount due hereon. in such oompany ~ or companks as may be apprnved by said Mortgagee: ~nd all such insurance policiea on any ot said buildings, any , ~ int~ereit tberein or part thereof, in the e~regete sum atoreeaid or in ezcess thereof, sheU rnntain the wual ~ stand~rd moKg~gee tlause m~king the los~ under said policiea, each and every, psy~b{e to aaid Mortgagee ~e his ~ iot~ere~t m~y appstr, and e~ch and every auch policy ~hall be promptly delivered to ~nd hetd by said Mortgagw: and, aot lesa tlun ten days in adv~nce of the e:p'vstion ot e~ch poiicy. W deGva to said Mortgaass • e~ao~d thereo(, togKher with a reoeipt tor the premium of euch renewal: tnd ti~ere ~haU be no auch insuranee plao~d on tny of said buildings. ~ny intereet therein or part thereot, unkse in tbe form and with ths bss p~ynbk ~a afore~aid: and in the evsat any sum of money become~ p~yable under such policy or policiee and eaid Mortgagse ~ ~ ~ suks Pac~ ~ ~ _ ~ . ~ ~y~ . - - - ~ N