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HomeMy WebLinkAbout0039 t \ • ' BUIIDING "D" 4~~8 TH18 MOATOA(i$ DEED, made ~nd e:ecut.ed tAe 1~ `ldly ot Feb' 1~ 79 Albert Coonin and Cec11e Coonln, his wife of 1381 SW 115th St., Miami, FL. 33156 h~nin~tNr caUd tM Mort~gor. which tenn sMU induds t.~e Ae've, kg~l ~epre~sntatives. sueosNOn and arianr of tM aid Mortgagor wheoswr the eo~te:t so requiros or ~dmies, W TURTLE REBF A3.SOCiATE3, INC., P.O. Bos 618, Je~en Be~ch, FL 33~5? Me~einatter uUsd' tM Morts~es, ~rhich tarm sbaU include the sueoeeson aad aseigns of tbe said Mortgas~s wherever the conte:t s~ requires or ~dmits. WITNESSETH: TAat tor devers good and vduable eoasider~tioas, and also ia oonsid~atiQn o! tbe agategate sum n~~msd ia tAe promissory rate ot even date herewith hsrein~fter deecribed, tbs said Mortgagor does hrreby ~an~. bug~in. seU. aliea. remise. ~ele~se. oonvey ~nd contvm unto the ~aid Matgages. !us heire. aucoeeso~s ~nd • ~~aMi~aa, dl t6e certaia pieee.... panel..._ or tract.... of la~. ot wRieh tl~e said Mortg~grx is aow seized ar~d '~po~~~ed and inactud poesesaior, sitwte in the County ot 3t. I.aeie and 3tate of Fbrida, dsseribed as tdbw~ ~ , • Unit Weeks XXX and 33 in Condominium D-28 ` ~ _ ~ _ - ~ a r' ~ i-- consisting of Apartment Number D-28 and its undivided share y~ o ~ of the comnon elements of Turtle Reef Condominium I, as such is a a~ ~ ~ m ~ ~ described in the Master Form Deed, recorded in Official Records Book Q~ ~ ~ ~ 263, Page 2002. This is a purchase money mortgage. ~ = fi ~ ~ \ It is turther asreed between the parties w thia mortgage that. in addition W the terme and condi ' s~. V out hersin. i~ a eoaveyence should be made by the Matgagor of the premisee herein described, or aay,pp~. ~ ~ tbe~~eut, without t~rst obt~iniag both the written coneeat ot the holdar hereof, and ~a aeeumption ofotl~ ~ obligatioa, in writins. by ths new proQo~ed Grantee. then. ~nd in that eveat. at the optan of tbs hokMr t~~ ~ v ~ . witbout notice. dl inms of monsy secured .hereby eh~0. immediately and ooneurrently writh sucA coavey~nos. b~oa~e ~ ~ due and pay~ble and iaid Note u~d Mortgage s6all be in default. x o a c~ TO HAVE AND TO HOLD tbe ~ame, together with all and singutar the tenetneats. Aereditameats and a~ . purt~oanos~ tbera~mto bebngiag or in anywise appertaining aod tl~e revrr~on ~nd reversioas. reawinder ~nd ro mtind~s. rants. i~eue~ and profits thereof and aleo ~11 the eaute. right. title. intere~t. P~opertY. Posaeasion. claim wd demand whatsoevet a~ well in !aw ~a in equity of the eaid Mortg~ga~ in and w the same and every part antl parcd tlraeof uato the said Mortgagee, and hi~ heirs. ~uccessore and a~ign~, in fee eimpk_ And said Mortg~gor. tor himself. and his hein. kgal repreesnt~tivea. succes~o~ and assigas. hereby oonvenants with s~id Mortgagee. hie beiro. legal represenutives. au~essore aed as~igns, that said Mortgagor is indefessibly seired ot said land ia fes simple: that tbe eaid Mortgagor !us fnU. power and tawrtul right W convey the eame in fee simpls aa ~foreeaid: that it ~haU be law[ul for said MoKgagee. his heir~. legal repraentatives. sueeeasore and assigas. at all timea pe~cs~bty and quietly to enter npon. ho{d. oecupy and aijoy said 4nd and every psrt thereof: _ that s~id land is free from s11 incumbranees; that said Mortgagor, his heirs, leg~l representativee, suoccssors aod ' assignr, w~) m~ke ancb further aasnranoes w per(ect tFe tee aimpie titk to eaid land in said Mrotgagee. his bein. kgd rePres~?tatives. snccessora ~nd asaign* may ~sooaWy be required: and tFut said Moctgagor k does Aereby fully werrent the titk w aaid land and every p~rt thereot end will defend the same against tbe ~ i I~wtu! cl~ims of aU peraone whomsoever. ~ It is understood that e~ch of the worda, "noee", "mortgagur" and "mortgagee" reepectively and the prawuns ' ~ referring tbereto, whetber in the singular or plural any~vhere in this mortg~ge, shaU be singular it one ody ~nd. ~ shall be plural jointly tad severa0y. it more than one. and ahall be masculine. teminine aed/or nencer. w~ver 3 che ooatezt w implies or admits. g ~ And said Morigagor tor himself and hii hein.{egd represertativea, suoeessora and asaigns, hereby oovenaats ~nd ~gress to and witA said MortgaRee. hia legal repreeentatives. successora and as~ns: 1. To p~y dl and ainRular the psincipal snd interest and the varioas and aundry eums ot money p.yable b}r virtue oi eaid pro~niesory note, and this mortgage, each and every, promptly on the days respectivdy the same severally beeome due. ~ Z. To p~y all and aingulu the tues, assesaments, leviee. liabilities. oblig~tion~ and incumbnnce~ oi every nature ~nd Icind now on naid described property, snd/or that heroafur msy be impo~ed, suftered, ptaced, bvied or asseased thereupon, snd~or that here~fter may be kvie}1 or assessed upon this mortgage and/or the indebt~ednees ~scured hereby, e~ch and every, when due and p~yebk aceording to law, before t6ey become ddinquent, and betore any interest attaches or any penalty is incvrrod: and in so tu a~ any thereot is ot record the same s6all be promptly satisfied and dixharged of reoord and the original official document Isuch aa, for instanae, the taz noeipt or t6e eatistactan p~per officitUy endorxd or certfiiedl slull be pl~oed in the lunds of ~aid Mortgages ~ wfthia ten days ne:t after ps,vment: and in the event that eny t6ereot ie not so p~id, satiefied and discl~rged. ~ i~id Mortgagee may at any time p~y the eame or any part thereof writhout waiving or aftecting ~ny oQtion. lien, equity or right under or by virtue of this mortgage. and t~e (ull amount of each aad every such p~yment shall ~ bs immediately dne ~nd p~yabk and ehall be~r intereat from the date t6ereof until paid ~t the nte of ten pe~ ~ eentura per ~nnum and togather with auch interest shall be secured by the lien ot thia mortgage. ~ ~ 3. To pl~ce and oontinuously Iceep' on the buildinga now or Aere~fter eitWte on eaid land fue and windstorm E insurance in the uswl standud poliey tonn, in a sum not less than the e~ount due hereon, in euch company g or oomp~nies as may be ~pproved by said Mortg~gee: and all sucl~ iaeunnce pA~cies on sny oi said buildinge. ~ny ~ int~eneat t6ereia or part thereot, in the aggregate sum aforasaid or in e~oess thereof, shaU oontain the wual ~ staad~rd mortgageie clause making the loe~ under said policies. each aad every. WYabk to said Mortgagee ~s his ~ iat~e~t may appe~r. and e~ch and every euc6 policy shall be prompdy deUvered w ancl beld by wd Mortg~grx ~ ~nd, not less t6an ten days in advtnce of the e:piration oi e~eh pdky. W ddiv~r W said Mottg~s~ • e~wd th~reof. together with a roeeipt tor the premium of such ronewsl: and 'theee shdl bs no such ina~ranos pLo~d on vny ot s~id buildiogs, any iuterest thanin or p~rt thereoi, un{esi in tbs torm ~ed with tM bss pay~ble as ~ aforsMid: wd in the evsnt any ~um of mo~ey becomes p~yabk uader suth policy or policies ~nd said Ma~tg~gse ~ ' ~ ~~~K 312 ~~~E ~39 ~ ~ _ . ~ : . - - ~ ~ _ . . _ _ ~