HomeMy WebLinkAbout0085 BUILDING "D" 450~31'7 ~
. .t
TH18 MORT(iA(iS DEED. ~.,~a e:.~,ua c~. 30~1~, or Jan. 19 79
Robert K. Grant of 144 Elm St., Nestfield, MA. 01085
h~nindt~r ulld tM Mort~s~. whkA ter~n ~hall i~luds tM Mirs. legal npre~eniativs~. ~ucc~ors and wigiu
ot t6s said Irtortgago~ whsrsvK tl~s conte:t ~so require~ or admits. .
w TURTLS REBR A330C1A1'E3. INC., P.O. B~ 618. Jense~ Be~cb, FL 33457 .
hae~Muatt~ capd' the Mort~a~ss. which tarm ~haU inctuds tM sueosswn ~nd assigns ot ths
s~id Mort~tseis wi~erswr ths coate:t so require~ ot ~dmits.
WITNS33ETH: '!'l~at tor devers good and wluabk considKatb~s. and also ia oousida~tiQn of ths a~g~te sum
named in the promiawry iwte ot even d~te henwith hereinaRer described. tht e~id Moctgag~or does 1~eby
Snat, b~rsain, s~U. alia~. remiss. ~e1s~sR oonvey and confirm unW the said Mottg~ee, ltis hdn. sucoeeson u~d
a~d~u. aU tAs c~t,aia pisea.... parceL... or t~~ct.... ot W~d. ot whicA the s~Id INottg~gor b now aelred and • ~
pos~ss~sd ~nd inaetwl possesaioe, situate in the County ot 3t. Lucie and 3tate ot Fbrida, dsaaibed u toUewx
Unit Weeks 35 and 36 in Condominium o-29
consisting of Apartment Number D-29 and its undivided share
of the common elements of Turtle Reef Condominium I, as such is
described in the Master Form Deed, recorded in Official Records Boofc
263, Page 2002. This is a purchase money mortgage.
It is turthar aareed between the parties to this mortRage that. in addition W the terme and oonditions sst
J out hereia it a eonveyance should be m~de Dy the blatgagor of ihe premises b~rein described. ~ anY P~
~ there~t, witla~t tirst obt~ining both t!?~ written consent of the holdar Aereof: and aa assumptioo of tltis
oWiaation. [n writiag. by t6s aew prapo~ed Gnates, then. and in tlut event, at t1~s option ot ths 6oWer Meeof.
wit6out notiee. dl sums of money seeared heraby shaU. immedi~telq and concurrently with sueh oa~veyaaoe. beoome
' - dw and pay~bls ~nd s~d Note and Mort~age shall be in default. -
TO HAVE AND TO HOLD the sama, W~etb~ with all and singular the te~nsats, hereditamsnts ud ap
purt~o~aee~ tl~eraunW bsionging or in anywise ~ppe~taining ~ad the reversion and reve~siaos. rewainder ~ad ro ~
maiad~s. ~t~. usues ~nd protits thereof and also all the estate. right. title. iaterest. PropertY. poss~sioa. ~Wm ~nd S :
den~nd 'w6atsoever as weU ie law as in equity ot the said Mortgagor in ~nd to the samc and every part and a
p~red tliereof unW ths said MoKgagee. ~nd his luin. sueeessore and aeeigns. in tee aimpk.
And nid Mortgagor. for hi:nself. and his heirs. k8a1 repre~sntatives. aucces~ors and assisns. herebY oonve:unta
wit6 e~id Mortaaaee. Itis heirs. leg~l *eP~sentatives. aucoeasors and assigns, tlut said Mtxtg~or is iadefe~sbly d d
~sised ot said l~nd in tee simpk: that tbe said M has fuU power and lawful ris6t to oonvsy tl~e s~me in fee
°rtgagor ~ ~ ~ ~
simpie u~torbeaid: that it ~lull be lawful for e~id Mottgagee. his lieirs. ls~l represa~tatives. suoc~ssors aad assigns. t
~n
a t a l l t i m s
a peate~ b
l
Y a n d y u i
e t
iY t
o e
n
t
e~ u p o
n. h o
l
d. o o e u p
y a n d e
n
j o
q s a i d 1~ n
d ~ n d e
v
e
ry p~ r t t
h
e
i e o
f: r~~ t'
tlut said land is free from all iwcumbranoes: tliat aaid Mortgag~or. his !?eirs. legal representatives. s~oaseon wd
assign~. will m~ke snch fwther aesuranoea to perfect the tee simpk title to said land in s~id Mrotg~gee, _.p
I his heirs. legal reprexatatives. succeseors and ~.+signs. aa m~y re~~onaWy bs raquind: and tlut s~id Mortgagor
m
does l~ereby fi~lly warrant tbe title to said land and every part thee+eot and wo71 detend the same against the
F lawdu! cLims ot aU pe?sone wlwmaoever. 1~
i c
It is underatood t6at uch of the words. ..note.•. •.mortg~8ar • and ••~tga8ee•• respectively and tbs praoouns ~ O~
~ referring thereW, whether in the ~ingulsr or plural ~nywhere in this mortgage. ~l~aU be aingulu if one oaly and $ e ~
~ ahaU be plural jointly and severally. ii more than oae. aad shaU be m~eculine. teminine and/or ne~ter. wMrever a O~
~ t6e o~te:t so implies or admit~. 4
~ Md ~~id Mottgaaor tor himselt ~nd his heirs. kgd *ePrs~entativea. suoceesors ~nd assign~. hereby ~nte ~nd
~ agrsss to and with said Mortga~ee. his kgal representatives. succeseors ~nd aaigns:
1. To p~y dl and singuler the principal and interest and the v~rious and sundry euene ot money p~y~ble by
virtue of said promissory note. and tltis mortg~ge. each and every, proa?ptly on the daye reepectivdy the sams
xveraUy become due.
2. To p~y all ~nd singutu the tues. ~asesementa, kvies, liabilitiee, obligations and ineumbnnoes of every
n~ture ~nd kind now on eaid described property. and/or that Aereafter may be impo~ed. sufiered. placed. ievied
or ~ess~aed thereupon. and/or tlut here~iter may be levied or asseseed upon this mortgage ~nd/or the indebtedness
~ ~setued hereby. e~ch and every. when due and p~y~bk aooording to law. beforo they become delinquent, and ~
before any intetest attaehes or any penalty is incurred: •nd in so fu u any t6ereof is of record the same siWl be
promptly satiefied aad diacharged of record and the origiwl offic'ul docnment Isuch as. tor instanoe. tLe tu
teo~ipt a the setistaetion p~per olficially endorsed or certifiedl shall be pLoed in the hands ot ~aid Mo~tgagee
wichin cen daye ne:c .tcer paymenf: .nd in che e.~enc chac any chereof is noc eo paid. eacisfisa ana discl~arae~d.
~aid Morigagee may at ~ny time p~y the same or sny part th~eot ~ritlaut waiviag or aHeeting anY option.
~ lien. equity or right ued~ or by virtue of thu mortgage. aad the tull amount ot e~ch and every such p~yment s6d1
~ bs i~med'utely due ~ad p~yabb and s6all be~r iaterest from the dace thereof uatil paid at the nte of ten per
~ centnrn per ~enum and toget6er with such interest shall be secured by tl~e lien of this mortgags.
~ -
~ 3. To pl~ce and rnntinuously Icesp on the buildinge now or here~fte~ situate on said land fire and windstorm
int~uanoe in the usual stsndard policy foRn, in a aum not less than the ~mouat due hereon. in such oompany
~ or eomp~nies as may be approved by said Mortg~~ee: and all sach insurance policies on tay ot said bu~7d'tngs. ~ny
~ iaterost tberein or part thereot, in the eggreg~te aum •loresaid or in eusas thereot, alull oontain the uawl
~ ~tandard mortgagee el~use n~king t6e los~ under said policies. e~ch ud ev~y. P~Y~b4 w aaid Mortgagee u 6i~
inteee~t may appe~r. and e~ch a~ eveq snch poliey shaU be pro~nptJr dslivar+ed to and held by nid Mortga~~
~ and. not kis tlun tea day~ In adv~noe of ehe e:pintion ot e~ch poliey. to deliv~ to ~aid Mat6~~ ~ e+o~wv
thersot, toget!?er with • rsoeipt tor ths premium of ~uch renswal: and ths~s ~hall be no axti 6~uancs pl~ad
on any ot said building~. aay Lit~est tl~ein or part thereot. unlw in tb~ torm a~ wit6 ths los~ p~y~ble ~s
atore~aid: ~nd in t6e evsnt my ~um oi mooey beoomss p~y~bk under au~ policp or polieies and wid Ma~tgagM
' Ck~~~ ~
~ G~4 i~':t;_
.
.
, _
- - - _