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Home My WebLink About0095 , , ~ ~ / BUILDING "D" 4~I~i~r1 ~ - , . THI3 MORTGAGE DEED, auds and a:eeuted the 1?~ or Apri 1 19 ~9 Joe R. Green and Barbara S. Green, his Nife of 405 Broadway, Mt. Vernon, I11. 62864 lwninaftar u11sd tM Mort~~or. which term ~l?aU include the l~eire. kgal repreeentatiws, sncee~sors and usi~u ot tM said Mort~gor wrherever the conte:t so requires o~ admits. to TURTLE REEF A3.SOCIA7'E3, INC.. P.O. Bo: 618, Jen~en ~ch, FL 8345? 1?e~natt~ caUed' ths Mortgagee, which term sl~~11 iaclude the succe~sots and ~ssigns oi tl~e said Mortg~gee wherever the conte:t so requires or admits. WITNES3ETH: 71ut tor dever~ good and valueAle considerations, end al~o in oonaideratiqn ot the ~ggreg~ce sum oaa~ed in the promiswry note ot even dete herewritk hereinafter dexribed, the eaid Mortg~gor does her~ granl, b~rgain, ee0. ~lien, remise. rekase, oonvey and confirm unto the aaid Mortgagee, his heira, sucoessocs aa~ all tl~e ee~tain or tract.... of land, of which the seid Mort ° P~.... W~~~••• 6agor is aow seised an~.. possss~sd and inattud poseesaion, aituate in the County ef St. Lucie and Stat~ ot Fbrid~, described aa foUowdO ~ Unit Weeks 15 and 16 _ in Condominium D-_1 _~~S~ ~ ~ ' - 1 ~a~ c~ . consisting of Apartment Number D and its undivided share ~ . ~ of the common elements of Turtle Reef Condominium I, as such is ~9 ~ ~ described in the Master Form Deed, recorded in Official Records E~or: . 263, Page 2002. This is a purchase money mortgage. r°. • ~ ~ c~ It is further agreed between the perties to thi~ mortRage that. in addition to the terma ~nd conditions set ~ M o out Setein. it ~ CO11VEy~i{C! should be rtude by the Mortg~gor of the premisee herein dexn"bed, or any put 3~ V tbereof, witho~t fuat' obt~aiaiag both the written conaent ot the hoW~ hereot, and an assumption of tl~ ~ p a oWigation, in writing, by t6e new proposed Grantee, then. and in that event, ~t t6e optan ot tt~ lwider t~seot. witlwut notiee, d! sums of mooey secured hereby ~hall, immcdistely and rnncnrrently ~rith auch rnnveyance, beoome -(~1 dus and payabk and said Note and Mortgage ahap be in default. J " 'V TU HAVE AND TO HOLD the ~ame~ tog~ether with d! and aingulu the tenemente, heredit~meets and ~p ~ ptut~n~noea th~euoto bebnqing or in ~nvwi~e ~ppertaiqing ~nd the rever,an and reversioaa. remainda~ and re~ m~nden, rents. issues ind profita thereui and afso dl the eatate. rig~t. titk. intereat. ProprrtY. posseasion, claim and demand whatsoever aa well in la~r es in equity ot the said MortgsRor in and to the ~ame ~nd every part and p~rcel thereot unW t6e said Mortgegee, snd hi~ heirs. ~uccea~ora and es~ign~, in fee simpk. And said Mortgagor, foc, himself. and hi~ heir~. leg~l repreaentative~, ~ucce~aora and aasigne, hereby convenants witb s~id Mortgagee. hie heirs. kgai repre+entatives. succeaeors and as~iqna. that eaid Mortg~gor is indefe~aibty •aired of said Wid in ice simpk: that the aaid Mortgagor has ful! power and law~ful right to oonvey the same in tee rimple as ~foresaid: that it shall be lawful for aaid Mort~s~e, his heira, lesgal repre~enutives, suceessors s~ aseigns. ~t ~1! times pe~ceably aed quietly to eater upon, hold, occupy and enjoy said land and every pert th~eof: ~ thtt atid land is tree from el! incumbraneea: thst said Mortqagw, hi~ heiey. legal represenqtives, wcce~sors u~d asaigns, will make auch further assuranoes to pertect the tee ~impie titk to said land in eaid Mrotgagee. ~ h'ts heirs. legal representativea. ~uccessor~ ~nd aaeign~. a~ may reasonaMy be required: and that eaid Moctgagur E does he~eby tully warrsnt the title to said Isnd and every part thereot and ~vill defend the aame against the ~ lawful claima ot aU per~ona whomsoever. ~ It i~ underatood that e~ch of the w~ord~. "note". "mortgaqor" and "mortgagee" respectively and the pronouna ~ ~ referring thereto, whether in thE einguler or plural enywhere in thia snortqage. ~haq be aingular if one onty and ~ ~Aall be plunl jointly •nd xvenUy, if more than one. ~nd shaU be rn~xvline. teminine and/or neuter, whe~evrr ; tAe ooote=t so imp6ea or ~dmit~. ~ And sa~ IYlortgagor for himxlf ~nd hie heira. kgal repreeentatives, succeasors and •ssigna, hereby covenanta and ~ ~greea to and with said Mortga~x, hia legd representatives, succe~~ors and aseiAr?s: 1. To pay ~ll ~nd sinRulsr the principal and intereat and the verioua and. sundry sums of money peysble by virtue of said promissory note, end thi~ mortgage, each and every, promptly on the day~ reepectively the same xverally become due. ~ 2. To pay all and singular the tuee. assesements, levie~. Iiabilitiea. ob6gationa ~nd incumbnnces of ev~y nature and kind no~r on said dexribed property, snd/or that hereafter rt?sy be imposed. auttered, placed, kvied ~ or aeseesed thereupon, and%or that hereafter may be levied or assessed upon this mortgage and/or the indebtednesa sect~red hereby, each and every, when due end peyable accordinR to Iaw, betore they betome delinquent, and before ~ny interest attachea or eny penalty ie incurred: and in so fet ss any thereof ia of retord the eame shall be promptly satisfied and ~ixharqcd of record and the oriRinsl official document (such sa, for inetanoe, the tu ~+sosipt or the eatiafaction paper officially endorsed or ceKifiedl ehsll be placed in the hende of said Morigagee within ten d~ys ne:t aher p~yment: and in the event that any thereoi i~ not eo psid, satufied ~nd dischsrged. ~ uid Mortgagee may at any time pey the same or sny psrt thereof without waiving or affctting any option. ~ lien, equity or right undsr or by virtue ot this mortgsge. and the tull amount of each and every ~uch payment shsll ~ bs in~mediately due end payabk aed ahall bear inureat irom the date thereof until psid •t the nte ot ten per s oenturn per ~nnum •nd togethet w~ith ~uch interest ahall be eetured by the lien of thia mortgage_ ~ ~ ~ 3. To plece and continuonely keep on the buildings now or hereafter ~itwte on said land fire end wrindst.orm ~ inaurance in the usud standard policy form, in e eum not less than the amonnt due hereon, in ~uch compeny ~ or comp~nies es may be approved by' eaid Mortgsgee: and all such innuance policie~ on ~ny of aaid buildings, any ~ intereat therein or part thereot, in the aggregate sum sforeaaid or in e:ceas thereof. ~haU rnntain the usud ~ tt~ndard aartgagee clause malcing the losr under said policiea. each and evety, peyebk to ~aid Mortgagee ~s his ~ intere~t may ~ppsar. and each and every such policy a6all be promptly delivered to ~nd held by aid Mortg~g~ and, not {ess t6~n ten days in adv~nce of che e:piration of e~ch policy. •to delivtr to said Matgages a reo~wd ~ tbereot, together with • receipt for the premium ot aach renewal: and there ahall be no euch insunnoe piao~d on ~ny of said buildings. any iaterest ther~ein or part thereof, unkss ia ths torm ~nd with tAs loss p~yabk ae ~ dorewid: ~nd in the event any sum of money becomes p~ysbk under such' policy or policies and said Matgagse i+ ~ L • ~ °~oe~ ~1z ~ac~ ~5 ~ ~ 3 . : .