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~ 450313
` ' BUILDING "D"
18th
THl3 MORT(3AGE D~ED, made and e:ecuted tAe dsy ot Apri ~ , 19 79
by L.J. Juliano and Ruth Ann Juliano, his Mife of 26007 Power Rd., Farmington Hills, MI.
. 48018
hu~inatt~ ulled tl?~ Mortgagoe, ~rhich te~m shaA include the heirr. iegai representetlves, ~uccessors and u~igns
ot tM pfd Mortgago~ wherever the context so requirea or admiu,
to TURTLE REEF AS40CIATE3, INC.. PO. Bo: 618. Jen~en Beach. Fl. 3315T ,
l~ereinafter eaUed the Mortg~gee, ~vhich term shall include the aucceaeora and asnigna ot the
said Mortgagee wbert+ver the conte:t so reyu'uee or edmit~.
WI7'NE33ETH: That tor devere Rood snd vsluebk conaideration+. and al~o in con~ider~tipn o! the eggregate sum
aamed tn the promiasory note of even date herewrith hereinafter de+cribed, the said MortgaRor does hereby
grant, b~rgain. sell, ~Geo, remi~e, releax, convey and confirm unto the +aid Nortg~gee, Ais heir~, ~ucceseors and .
a~n~, all tAe certain piece..., psrcel.... or tract.... of :and, of wAieh the said Mortgagrx ie now seized ~nd
possssssd and in~Kual pos~+ession, aituate in thr C~unty ot St. I.ucie and State af Fbrida, deecribed es folbwa:
• Unit Weeks 30 and 31 in Condominium D-2
consisting of Apartment Number D_-2__^ ____and its undivided sh~r~
of the common elements of Turtle ReeF Condominium I, as such is
- descr~bed in the Mast~r Form Deed, re~.:or~ded ir~ t~fficial Records
i - 263, Page 2002. This is a purchase money mortgage. ~
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It is turther agreed between the parEies to thi~ mortQege that, in additeon to the term' and rnnditions set ~ ~
out herein, it a conveyance should be mede b~ the Mortgegor ot t!~e premi~es hlrein dexribed, or any part
t6ereof, wit6oUt fvst obtaining both the written conaent of the holder hereof, and ~n aaaumptioa ot this a
obligation, in writinB. by the new propo~ed Grsntee, then, end in that event, at the option ot the holdrr hereot, a ~
w~ithont notice, al! aums of moc?ey eecured hPreby ~hall, immeciiacely end concurren~ly writh such conveyance, bacone ~ ~
dw and p~yabk and said Note and Mortgaqe ~hall be in default.
TO HAVE AND TO HOLD the ~ame, together with ell end singular the cenements. hereditamenta and s~ S ~ ~
J purten~ntes thereunto belonging or in sny~vise ~ppertaininQ end the rever.eon and reveroiona, remainder at~d re ~
~ maindan, rents. issues and profit~ thereof end ai~o AU the estate, right, title, interest, property, possesaion, cWm and
y demand wluteoever as well in !aw es in equity of the .eid MortRnRor in and t~ the same and every part and ~ ~ ~
-j partel thsreof unW tbe aaid MortRegee. and his heir~. succe,aor~ nnd aasign~. in foe simple. ~ ~
And said Mortp~gor, for himxlf. snd Aes hPire, iege! repreeentative~, aucces~ra snd saaigns, hereby convenents
~ s
with a~id Mortgagee, hie heirs, legal reprexntntivea. +ucces~r~ end asriQns, tMt said Mortg~gor u iwdefeaaibly ~
~ ~sised o! said Iend in tee aimpie: that the ~aid Mortgagor has full power and lewfut right to convey the same in fee ^ ~
simple as ~foresaid: that it ~haU be law~ful for ~aid MortRaRee, hia heir~. legai repreeentatives, auccessora and aseigns. ~ U
at aU times peecably and quietly to enter upon. hold, occupy and enjoy said land and every part thereot: ~
I', that s~id land ie free hom sll incumbrances: that ~aid LiortqsRor. hi~ heirs, legal repreaentativea, eucceseore and ~
aesigns, will make auch further sssurantee to perfect che tee aimpk title to said lend in eaid Mrotgagee, ~
~ his l~sirs, kgd representatives. succe~snro ¦nd a~siRn+. a~ may reaeombly be required: and that aaid Mortgagor
I does hereby fuUy warrent the title to said land and every pert thc:eof end will defend the same eRainst the
I lawful claims of aA persons whomsoever. .
I
f It i~ understood th~t each of the word~. "^ote". "mortgagor" and "mortRaqre" reepectively and the pronoune
E referring thereto, whether in the sinRutar or piural any+vhere in thie mortReRe, shall be singular if one only and
E shill be plura) jointly and se~•ersUy, it more than one, and ~hell be mexuline. feminine sndior neuter, wherever
~ tlt~ o~te:t so impliea or admit~.
Aad said Mortgagor for himxlf And hia heirs, leg~l represertat~vee. aueceesors and aaeigna, he~eby covenante and
~grees to ~nd witA ~aid MortgeRee. his IeRal representative~. +ucce~~x+ end aseiRna:
1. To pay all ~nd sinRuler the principal end interc~t and the variou~ and sundry sums of money pey~bk by
virtue of aaid promiasory note. and this mortRe~e. each and everp, prompily on the dsys reapectively the eame
aeverally become due.
2. To pay aU and ~ingular thP tazes, asae~smente, le~•ie~. Gabilities. obGRationa end inrumbrances of every
n~Wre and {cind now~ on said descr.bed property. and or thai hereefter may be impoaed, suffered, placed. {evied
or ~aseseed thereupon. end~or tnei hereaftrr mey be ievied or aese~~ed upon thi~ mortgaRe nndlor the indebtedneae
sec~red hereby, each and evcry, when due enci payebl~ accordinQ to law, before they hecome delinQuent, and
betore ~ny interest ~tteche+ or any ~n,:it~ is incurred: and m ao ~er as erry ihermf i~ ot record tht aame alsall be
promptly satistied and dixhar~d r~f record end the orifcinai offiaal document Isuch se. for inecance, the tu
roosipt or the setisfection paper effiuaUy endorsed or cPrtified! rhel! be place~ in the hend~ ot said Mortgagee ,
~ within ten daye next after payment: and in !he e~ent that any thereof i~ not ae paid, sati~fied and dixharged.
~ ssid Mortgagee may at sny time pey the eamP or eny part thereof without weiving or afiectinq any aption.
~ lien, equity or right under or by vvtue of tn~~ mortqaqe. end the fup aniount of each end every such payment shall
~ be immediately due •nd payable and shall bear intere~t from the ~nte thereof until paid at the rste ot ten pa
~ oenturn per snnum and together writh euch intereat shatl be secured by the Iien nf thie mortgage.
~ 3. To place end continuouely keep on the buildinRs now o* herea(ter aituate on said lend fire and windstorm
~ insuranee in the ueual standard poGcy forr.i. in e~um not leae than the amount due hereon, in such company
or oomp~nies es may be approved b~• ~+id 1lortq~Ree; end all ~uch ir.aurance policie~ an any of eaid buildings, any
iaterest therein or part thereof. in the aRRreRate sum a(orreaid or in e~cesa thereof, shall contain the usual
~nd~rd mortgagee claux me{cinq the lo~~ under said policies, each and every, pay~bk ta said ;~iortgagee as his
intere~t may ~ppe~r, and e~ch and every such Qolicy 9hal1 be promptly detivered to and held by said Mortgig~e•r
and, not kss than ten deys in advence ot che e:p'vetion ot «ech policy. to deliver to said Mortgagee ~ rae~~1
tliereof, together ~vith a rcceipt for the prem~um ot ~uch renewal: and there ~haU be no euch insurance plaad
- on ~ny of said buildings. ~ny enterest therein cr , art the-eof. unlee~ in the form and with tAe bes p~yabk as
aloresaid: and in the even: ~ny sum of mcme~- h~coR;e+ peyat~le ~nder such poucy er policies snd eaid Mo~tgagee '
~ ~ LR
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