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HomeMy WebLinkAbout0054 a ` - " ' BUILDIN6 "o~~ 450~304 THIS MORTCiAQE DEED. ~,.ae.~a e:.~ucaa ch•14th ~y ot Feb. 19 7g- e~, __W~ytl~L., Qi estl er and Yvonne J. D1 estl er, hi s w1 fe of Rt. 1, 2347 Ni dden Meadows , Sun Prairle, Wlsconsi~ 53590 h~inaft~ ulld th~ Morts~. which term sA~L iaelude tM Asira. leg~l ea~pre~ent~tives. tuaw~ors aad ~ai~tu ot ths s~id Mortgagor wherever tM co~te:t so rsqu~res or admits, w'MtTLE AEEF A3SOCIATE3, tNC., P.O. Bo: 818. Jeasen Be~ch, F'l. 3a~s7 herdn~tter uUsd' tUe Mo~~gee, which te~m shaU Include tAe suoosason aad assigns oi ths s~id Mort~s wAerever tAe coate:t so requiros or ~da~its. WI7TiE5SETH: That for devera good and vduable consideratioN, and also in ooaiideratipn ot the ag~te aun ~oamed in ths promissory note of even date here~rith hereinafter deecribed. ths eaid Mortg~gor doss he~~dy sraat~ bar~in. ssU. alian. remise, release. oonvey ~nd confirm unto the s~id Mortaases, his heirs. suoos~son ~ad u~, aU the oettaia pisee.... -parcel.... or tnct.... ot lat~d. ot which the eaid Mortgagor ia uow ~elsed ~nd pwssssed and in~etual posse~sioa, situate in the Cnunty ot 3t. Lucie and 3tate ot F1o~id~, deicribed ~s foUowa: y ~ u\ Unit Weeks 18 and 19 in Condominium D'23 ~ r ? ; consisting of Apartment Number D~-23 and its undivided share c`~ ~ . ~ ^ ~ . of the comnon elements of Turtle Reef Condominium I, as such is ~ d ~ Q a 3 . r~ described in the Master Form Deed, recorded in Official Records Book 4~ ;°C .o o ° ~ o ~ 263, Page 2002. This is a purchase money mortgage. ~ ~ i W y s ~ ~ ~ O It is turther ~greed between tlte partie~ to this mortgage that. in addition to the terms and eonditions at ~ out 6erein, it • oonvey~nee should be m~de by the Morttgagor of the promises herein described, or any _ tbereof, w~tlaut first obtaining both the writtea coasent oE tse hoider bereof, u~d an aseumption ot f~s ~ abtigatioo, in writina. by tbs aew propoied Grantee. then. and in that event. at the option oi the Mlder ~ withont noties. dl wms oi money secured hereby elull. immediately and oonenrrently wnth such coaveyanee. ~ dw aad payabls ~nd said Note u~d Mo~tga~e shdl be in detsuit. ~ ~ TO HAVS AND TO HOLD the same, together with all ~nd singular the tenements, hereditaments and a~ p~u~taoaooss tbareunto bebnging or in wywise appertaining ~nd tl~e nwer~ion and reversioni. rem~inder atd r~ m~mders. rents. i~wes and profita thereot and also aU the eatate. *i6At. titk. interest. P~Y. P~• e1~im and ~ demand wbatsosver wdl in I~w as in equity oi the said Matgagor in and to the same and every part and p~rosl thereof uaEo the said Mortgsgee, and his heira, auccessors and ~aaign.+. in fee simple. ~ And said Mort~gor. for himself. and tie heirs. leaal representative~. ~ucce.~sors ~nd assigas. Aereby oonveoants with s~id Mortgagee, his heirs, iegai reprexntatives. auccesso~s u~d as~igns. that said Mortg~gor it indefwsibly ~si=ed of s~id land in ter simple: that the s~id Mortgagor 1us tul! power and lawful rigfit to oonvey the same in fee ampie ~s atores~id: tlut it ahall be lawful tor said Mortgagee. his heira. leg~l representatives. snccessors and assigns. .t aU cimes peaeeably and qu;ecly w encer upon. ho1d. ooenpy and enjoy sa;d land and eve~y p.rt cl?ereof: t6at s~id l~nd is free from all incumbrae~cea: that said Mortgagor. his heirs. {egnl representativee, suoaessoes and assigni. will make sach fu~ther aasuraooes to perfect the fee simpk title to said land in said Mrotgagee. his heirs. kgal representativea. euceessors and assigns. as may re~sm~ably 6e required: and that said Mortg~gor j does l~ereby inliy warrant the titk to said land ~nd every part thereof and will defend tbe ume against t6e ~ lawful daims of all peraona whomaoever. ~ It is underatood tlut each of the words, "note". "mortg~gor" and "mortgagee" nspectivdy and t6e praoouns E referring ther~w, whcther in the ~ingular or' plural anywhere in thia mortgage. ~haU be aingulu if o~ only and ! slull be plur~l jointly and severally. ii more - than one. and sh~ll be maseuline. fe~ninine andior neuter. wherever ~ the oont~t so implies or admits. , 7 ~ Md s~id Mortgaaor for himaeli and his bein. Iegal raprssert~tivea. ~ocessors and assigns. hereby oovenante ~ad a age+e~s to and wit6 said Mortga~ee. his legal reprexnt~tives. suecessors and assigne: 1_ To pay atl and ainRular the principd and interest and the various ~nd anndry suma of money p~y~We by virtue of aaid promissory note, end thi~ mortgage. each and every, promptly on the days respectivdy the same sevetally beoome due. 2. To p.y all and aingulu the tues, assesamenta, kviee, liahilities, obligatiaea and incumbraaces of every ~ nature and kind now on said dexribed property, and/or that l~ere~her may be imposed. suffer+ed, plaoed, levied or asses~ed th~reupan, and/or that bue~fter may be kvied or aasessed ~ upon this mortgage andlor the indebtedness ~eeured hereby, e~ch and every, whee due and payabk auording to law, before they beoome delinqueat, ud befors any wterest attaches or any petulty is incurred: and in eo far ~s any thereof is of record t6e same e6~i1 be promptly satisfied ~nd discharged ot record and the original official document Isuch as, for in~tanoe, tbe tu ~ reosipt or the s~tist~ttion p~per oificidly endorsed or certifiedl shal! be plaeed in the haods of wid Mortgages ° withia te~ days ne:t ~her p~yment: and in the event th~t any thereof m not so paid, satisfied ud disch~rgsd. ' s~id Mortgage~ m~y at any time p~y the eame or ~ny p~rt thereo[ withoat w~iving or aftecting any optioa . ~ ~ lisn. equity or right under or by virtue of thi~ mortgage. and the Eull amount ot e~ch and every euch, p~yment shall ~ be immsd'utelv due ~nd p~yable ~nd ehall bear intereat from the d~te thereof antil paid ~t the nte of ten per ~ osnturn per annum and togetber w~it6 snch intereat shall be secured by tbe lien of tlw mortgage_ ~ ~ ~ 3. To pLcs and rnntinuously keep on the buildinge now~ or here~fter situate on said land fir+e and windstorm ~ insuranoe in tl~e usual standard policy form, in s eum not kse than the amount due hereon, in such oompany ~ or wmpanks aa may be appmved by said Mortgagee: and all mch insnra~e poUciee on ~ny of aaid biWdinge, any . ~ interest thenin or part thereot, in the aggregate sum ~tores~id or in e:ceas thereot. ~haU oontain tM unW ~ st~ndard mortg~gee clause making the lose und~ eaid policies. eaeh ud every. p~Yabk to said Mortgagee as~ ~ ~ intere~t may appear. and e~ch ~nd every such poliey shall be prompdy delivered W and heid by wid Mortg~as~c aAd, not kss tban tea days in advance of the e~intion ot e~cl~ policy. W deliv~r to wid Mo~ga~ss a nerwd > tbereot. togeth~ with • reoeipt tor the premium of such tenswd: ~nd thers ~luU bs no snch insuranos pl~ad ~ on aay of said buildings. any incerest therein or p~rt thereof. unlew ia t6s form aqd with tM bss p~y~ble a~ Jores~id: and in the evsnt any rum of mo~ey beeomes p~y~ble under weh policp or poUciss and said Mat~ge~ > ~ ~ ~ ' . ' ~ ~ 312 ~A~~ ~ rMb.. ' . ~ . ~ . ' ~e-._ . . . . . . . . - ' ' ~ .x:..-.: ,