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Home My WebLink About0059 i. t . BUILDING "D" ~~~s , THI3 MOR1YiA(iE DEED, enade and esecuted the l~t'tlay ot NOV. 19 ~8 ~ Samuel C. Grimbly and Patricla E. 6rimbly, his wife of 1422 Brook Dr., Titusville, FL. 32780 MtanattK talkd tM Mottpeot. wdir6 t,e~m ~hall includs tM heirs. legal reprbseot~tivs~. ~ueosawra and wiaeu of tM said Morc~ago~ wherevsr tAs co~te:t so roquires or ~dmits. W TUltTLE REEF A3.90C1ATE3, 1NC., P.O. Box 618, Jensen Beach. ~'L 33157 he~einatter caUed' the Mortg~ee, which te~m shall iaclude tbe eucceesors and assigns ot the- s~id Mortaaaes whereve~ the eoata:t so requires or admits. WITNE33ETH: Tbat [or devers good and vdusbk consideratio~s, and also in consideratiQa o! the agaregate sum natned in the promissory note ot even date . herewrith hereinafter deecribed, ths s~d Mortgago~ does hereby ~aa~ bar6~ia. seU. aiien. remise. rekaae. rnnvey and confirm unto the ~aid Mortga~es. hta heirs. sucos~sors and aa~n~, dl tRe eartaiw piece.... parceL--. or tnct.... ot land. ot which the eald Mortg~ is aow ssized and Q posssessd snd in~etual posseseion, sitwte in the County ot St. Lucie and State ot Fbrida, described ae folk+ws: _ Unit Weeks 41 and 42 in Condominium D-20 . m ~ ~ consisting of Apartment Number D-20 and its undivided share ~ . O a ~ . of the comnon elements of Turtle Reef Condominium I, as such is o ~ > v~ o . described in the Master Form Deed, recorded in Official Records ~o~~~; ~ d d ~ ~1 ~ • c~i.~ ° 263, Page 2002. This is a purchase money mortgage. ~ g ~ P' ~ w ac _ c ~ W st : It is turth~ aareed between the parties to this moKgage th~t, in additan to the tenas and conditions set r out herein, it • oonveya~ue should be m~de by the Mortg~gor of the preiniaes herein dexribed, or any part ~ t a~c o tbsreof. witAout Rrst obtaining both the written coneent of the holdar fiareof. ~nd an aaaumptiwi of this ~ c~ v obiigation, in writing, by tbs new proposed Grantee, then, snd in that evmt, st the option of the Aoldar l~e~~eof, ~ F ~ without aotics, at) su~s ot money secured bereby ehall, immediately and coneurrently ~vith auch c~veyanee, beooaie ~ due and p~y~Dk snd said Note and Mortgage ~h~ll be in detault. ~ V TO HAYE AND TO HOLD the aame, toget6er with aU and aingular the tenementa, hereditaments and aP ~ ~ ~ ' purteoan~s~ tbeeeunto bebnging or in anywise ~ppertaining and the rever+ion aad rever~ans, remainder ~nd rs mdndars. rsnts. issues and pmfite therrof and aiso all the eatate. right. titk. interest. P*oP~Y. P~sioa- ctaim ud demand wlutsoever as we0 in Isw aa in equity of the ~sid Mortgagor in and w the same and every pert and J paroel thereof unto the s~id Mortgaqee, snd hi~ heirs, aueeessora and a~aign+. in tee simpk. - And said Mortg~gor, tor himself. and hi~ heir~, kgal _ roproasatatives, succe~soro aad aaeiana, hereby convenants witl~ stid . Mortgagee. hie heirs. legd roprasentatives. ~ucceasors and assign~. that said Mortgagor is indefeasibly seised of said 4nd in fee aimpk: th~t the wid Mortgagor h~a fuU power and lawrfiil right to eo~veq t6e s~me in fee simpls as ~tonsaid: thst it ahsll be lawful (or ~aid 61ortRagee. his heire, legal rep~eaentatives. saccessors and asaiges, at all times peace~bly and quietly to enter upon. hold. oecupy and enjoy said land and every part thereot: that said I~nd is free hom all incumbrances: that ~id Mortgagor. his heirs. kgal repreeentatives, euccessore and aasigns, will make euch further as~urances to perfect the fee simpk title to eaid l~nd in sa~ Mrotgagce. bie heirs, legal representatives, suece~sora and saeigns, sa may re~sonably be required: and that said Mortg~gor Ij doee Aereby luUy warrant the titk to ~aid land and evtry part thereot aad will detend the ~ame againat the lawful cWme ot all per~ons wrhomsoever. - ` It i~ undetatood that each ot the worde. "note". "mortgagor" and "mortgagee" respectively and the pro~wuns ~ referring thereto. ~rhether in the sinqttler or plural sny~vhere in this mortgage. ~hall be aingular if one onty u~d F ` ~Aall be ph~rd jointly and xveratly, if more than one, and shell be masculine. feminine and/or neuter, wMreva ~ the conte:t so implies ~ admiW. ~ And said Moetgaaor tor himxlf ~nd his heita, kgal repreeentativea, suocessors u~d asaigns, hereby oovenants ~nd agreea W and with said Mortga~ee. his legal representatives, succesaora and assiAns: 1_ To pay all and ainRular the principd and inte~rest and the variou~ and sundry eum~ ot money pey~bie by virtoe of said promiesory note. end this mortq~ge, each and every. promptly on the d~y~ reepectively the same xverally become due. ~ 2. To pay ~11 ~nd singulu the tues, aaeeesmenta, levies, tiebilities, obligations and incumbraacea of every nature and kind now o~ eaid dexribed property. endlor that hereaftef may be impostd. euffered, placed, bvied or Yasessed LAereupon, and~or that hereefter may be kvied or assessed upon this mortgage endlor the indebtedness aecnred hereby, each end every. ~vhen due snd payable according to law, before they becoine delinquent, and before aay interest att~ches or any penalty ie incurred: and in so far ae any thereof is of record the same ehal} be promptly eatiafied and discharged of record and the original official document Iwch aa. for inetanoe, tbe tu ~ rsosipt or t6e aatisfsction p~per ofrcially endorsed or certifiedl ehall be placed in the hands ot said Mortgagee 5 wkhin ten dsys ne:t ~fter p~yment: end in the event th~t any thereof ia not so paid, aatiefied and discharged. ~ said Mortgsgee may at any time pay the eame or sny p~rt thereof without waiving or atfeccing any option. ~ lien, equity or right undei or by virtue ot thi~ mortgage, and the full amount of cach and every euch p~yment ahall bs immediately due a~d psyable ¦nd ehall besr interest from the date thereof unW p~id at the nte ot ten per ~ oenturn per aneum and together with such interaet shaU be secured by the lien of this mortgage. ~ ~ 3. To plats •nd continuousty keep an the buildings nowr or heresfter situete on said land ~re snd wrindsLorm ~ ~ insur~nce in the ueual stand~rd policy form, in • sum not kaa than the amount due hereon, in ~uch oompany ~ or comp~niea ae may be epproved by aaid Mortg~gee: ~nd all euch ia~ur~noe policies on eny of eaid buildings, any ~ iwterest therein or psrt thereof. in the eggregate sum atoreeaid or in e:cesa thereof, ~hall contain the usual ~tandud mortgagee cl~u~e making the to~ under said policies, esch snd every, p~yabk to uid Moctqagee as l~ia int,era~t m~y appear, and e~ch and every auch policy ahall be promptly dslivered to and held by eaid Mortg~gre: ~nd, not kss than ten days in advance ot the e=pir~tion of e~ch policy. to deliva to ~aid Mort~es a reo~w~al thereof, together with ~ receipt for the premium o! such rene~val: ~nd there slull be ao such insurance pl~c~d on any ot said buildings. any intereet therein or part thereof. un~e~s in t6s torm and witb the Ibss payabk ~e z doreeaid: and 'w the event any eum of rooney becomes p~y~bie under such potiry or policies aad said Mortgage~ i ~ F ~ ~ ~ aaR~ 3~.2 PACE .ih~ ~ _ : _