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HomeMy WebLinkAbout0090 ~ ~ NOV• 3 ~9~ BUILDING "o~~ 4503~9 ~ . THl9 MORT(iAOE DEED, mads and e:ecuud the 30 day ot ~Ct• - 19 78 ~ Duane M. Goding and Minnie R. Goding, his wife of 10342 SN 113th St., Miami, FL. 33176 h~in~ttw ulMd tM Morcgasot. which t.arm sAall iaclude tM heirs, legal npcessatatives. sucesswrs ~nd usi~u ot tM ujd Mortg~gor wlierever the conte:t w osquires or admits, . to TURTLE REEF A3.90CIATE3, INC., P.O. Bo: 818, Jeneen Be~ch, F[. 33457 he~iadtar caUed' the Mortgagce, whieh term ahall include t,he successors u?d aesigna of the s~id Mort~aaee wAersver tbe eonte:t so requires or admits. WITNE3SETH: TAat tor dever~ g~ood and valuabk rnnsidentions, and al~o in oonsidentipn ot the aggregate sum wtned ta the promissory note of even date hcrewrith hereinaher deecribed, the eaid Mortgagor dces hereby ~ gtant, bargain, seU, alien, remise, release, oonvey •nd confirm unto the said Mortgages, his heire, suooessors and . asri~as, dl ths eertain pisce.... parcel....' or tr~ct.... ot land, of whicA the e~id Mortgagor is now seized and ~ ~ _ posssssed ~nd in~ctwl poaeeasion, aituate in the County of St. . Lueie and St~te ot Fbrid~. deacribed sa folk+wx ~ ris ~ ~ . Unit Weeks XX and 23 in Condominium D-20_ _ ~ ~ _ ~ ~ . consisting of Apartment Number D-20 and its undivided share ~ ~ ~ of the comnon elements of Turtle Reef Condominium I, as such is ~ . G_ ~ ~ ~ described in the Master Form Deed, recorded in Off~cial Recores , ~ ~ . ~9 : ~ ' 263, Page 2002. This is a purchase money mortgage. ~ It is futther ~greed between the parties to thi~ mortgage that, in addition W the tertns and oonditions set Y out l~erein. it a oonvey~nee shouW be made by the Mortgagor of the premiaes herein dexribed, or any pazs, ~ $ tbereot, withont first obtaining both the ~rritten rnnsent ot the holder hereot, aad an aaaumptioa ot this V ~ uWig~tion, in writin$, by tM new proposed Grantee, then, ~nd in that event, at the option of the lwWer hereoi. ` withoat notics, aU sums of mouey secured hereby ehall, immediately and concurrently with such conveyanoe, become " ~~-1 due aod p~yabk and ~aid Note and Mortgage ahap be in default. . ~ ~'J TO HAVE AND TO HOLD the aame, together writh ~ll ~nd ~ingular the ceAements, herediumente and aR ~ p~rtes~anoes tberounW bebnging or in snywix ~ppeitaining ~nd the rever+~on and reversioes, remainder and re- m~inders. rents. iswea and profits thereof ~nd d~o aU the estate. right. titk. intere~t. property. possession. claim end demand wlutsoevar aa well in law a~ in equity of the said Mortgagor in snd to the eame ~nd every part and pareel thereof unW the said Mortpjsgee. and hi~ heira. ~uecesaora and assign+. in fee eimple. Aed said Mortg~gor, for himself. end hia heir~, legal repressntatives, ancceseors sad essign~, hereby rnnvenante wit6 said Mortgagee. hia bein. kgal repreaentetives, auceeaaors and assigns: that a~id Mortgagor ia indefeasibly seir~ed of s~id Wid in tee aimple: that the said Mortgagor has ful! power and lawful right W oonvey the same ia fee simple as aforesaid: that it shell be lawful for said Martg~gee, his heirs. legal repreeentatives. ancccasora and essigae. at all times pe~ce~bly and quietly to enter upoa, hold, oecupy and enjoy said land and every pert thereof; that said land is free irom a11 incumbraRees: thst said Mortgegor, hi~ heiro. kgel repreeentatives, succeaeors u~d assigns, wriU make sacA turther sssuranoee to pcrfect the fee simpk titk to aaid laad in said Mrotgagee. 1tie heirs, legd rrpreaent~tivea, sutce~eors and saaigna, sa may reasonably be required: end th~t aaid Moetgagor doee heteby fuUy w~rrant the title to uid land and every pert thereot and w~71 defend the same Aqainst the k lawful claims of all per~ona whom~oever. ; It ia understood that e~ch of the ~rord~. "note". "mortgegor' end "mortgagee" respectively ~nd the pronoune ~ • ' j I referring thereW. whetAer in the ainguler or plur~l any~rhere in thia mortgage. shall be singulsr if one only and shall be plurd joiatly and xverslly, it more t!?~n one, and shall be maaculine. feminine andlor neutec. wherever ~ tAe ooate:t so implies or admit~. And ~aid Mortg~gor for himeelf ~nd his heirs. kgal represertatives, successors and assigns, hereby covenante ~nd ~ees to and with said Mortq~gee. hia legal represenutives, aacceesors and eseigns: 1. To pay all and singuler the principal ~ed interest and the v~riw~ and ~undry eume of money payabk by virtue of said promissory note. and thi~ mortgaqe. each and every, promptly on the dey~ reapectively the eame xvenlly become due. ~ ~ 2. To p~y ~Il and singular the tue~, aasea~ments, tevies. liabilities, obligetions and incumbrance~ of every ~ nature aed ltind now on eaid dexribed propercy. and!or thet here~her may be imposed, auffered. placed. levisd ~ ~ or aexased thereupon. ~nd/or that heraftei may be kvied or asseeaed upon this mortgage andlor the indebtedneae sscured hereby, each and every. when due end p~yable according to law, before they become delu~quen~ ~nd before ~ny interest ~ttaches or any Renalty is incumd: and in so fu ae any thereof is oi record the sun ehall be prompdy satisfied and dixharged of record end the original offxi~! dacvment Isueh aa. for inatance, t6e tu roosipt ar tAe satiataction p~per officiaUy endorsed or certifiedl shall be pl~ced in the hsnde ot aaid Mortgagee within ten days ne:t aher p~yment: and in the event th~t eny thereof ia ~at eo p~id. nati~fied and dixlurged. ~ said Mortgagee may at any time psy the same or any part thereot without waiving or aitecting any aption: ~ iien, equity or right un~er or by virtue of this mortgag~e, end the tull amaint of esch sod every such peyment s6all ~ bs immediitely due and p~yable and elull beer intere~t from the date thereot until paid at the nte of ten pes ~ oenturn pe~ ~nnum •nd together with such intarest ahsll be ~ecured by the Gen of this mortgage. ~ 3. To place end continuouely keep on the building~ no.v or hereafter eituat~e on said land fire and ~rindsWrm ~ innuance in the uau~l atandard poticy form, in a eum not kss than tl?e amount due hereon, in such oompany or companies •s may be approved by said Mortg~gee: and all anch insurance policie~ on any ot esid bui3dings. any interest therein or p~rt thereot, in the aggregate sum eforesaid or in e:cess thereof. ~haU conain the wud standard mortgaaee claux malcing the los~ under aaid polities, eoch and every. p~y~bk to aaid Mortgagee as hi~ intere~t m~y appear. and eseh aad every euch policy shall be promptiy delivered w and held by aid Mortgag~s: and, nM less than ten d~ys in advance of the e:pir~tion ot each policy. to deliwr to s~id Matgaaes ~ i''°~wv tMreot. together with a receipt tor the premium ot such renewd: and tl~e shaU bs no euch insuMnce pLus~ 0o any ot said building~. ~ny interest therein or part thereof, unle~s in tbs "torm ud witb the b~a WY~bk as atore~aid: and in the eveat any sum of money becomee p~Yabk uader such policy or polieiee and eaid Mw~tgagec ~ . . ' - e~. 50P~312 ~,rf 90 a~ ~ . s~~ _ -