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Home My WebLink About0105 BUILDING "D" ~~32rJ • THI8 MORTOAGIB OEED, mads ud e:eeut~d tM 13t~,r ot Dec• 19 78 Mayne C. Headley and lucy Z. Headley, his wife of P.O. Box 22, Cocoa Beach, F1. 32931 h.r.in.tser callsa eh. Morc~.sor. ..hicl, ceno .h.u incluae c.u. n.ir.. kgd ropce~eautive.. wooa.or. .na ..sign. ot tl~e aid Mortg~~ wherever tbs contest w requires or admita, to TURTLE ASBF A3.90CIA7`E3, 1NC., P.O. B~ 618. Jensen Beacb. FL 33~b1 A~oait~ esUed' tAe Mort~es. whicA term ~lull include the - successors aad aseigne ot tAe s~id MortsaRes whenver the eo~te:t so require~ or ~dmits. WiTNE33ETH: 7Lat ta dsver~ aood and valu~bk ooasider~tions, and aiso in oonsider~tiQn ot the ~ggregste aum named in tbs promiswry note ot sven date herenith hereinatter described. Lbe s~d Moctgagor does M~ ' t~ ~rant., b~rstin. se0. alien. nmise. release. oonvey and confirm unto the aaid 1?lo~tg~es, his heirs. sncoeseon ~ ud~n~. ~ll tbe eertain pieoe.... p~rceL... or tr~ct.... ot land. ot w~hich tAe said Mortg~gor is now eeized ~ pw~~ed ~nd inaetud poesessioa, eituate in the County ot 3t. Lucie and State ot Fbrida, deseribed aa folk+ws0 ~ ~ ~ ~ - Uni t Weeks 38 and 39 ' _ i n Condomi ni um D-19 - U cons i s ti ng of Apartmen~ Number D-19 and i ts undi vi ded 5+~ _ r~~ ~ Z ~ , ~of the common elements of Turtle Reef Condominium I, as such is b~~ W p - _ ~ described in the Master Form Deed, recorded in Official Recorc~_ . ~ ~ c~ 263, Page-2002. This is a purchase money mortgage. k ~ ~ It is f~rther ~greed between the pa~ties to thia mortgage that, in addition to the terms and conditions se= - " ~ out hereit~. i[ a oonveyanoe s6onld be m~de by the Mortgagor of the premisee henin dexribed. or any pzr ~ ~ tbereot. witha~t tust obt~ining both the written consent of t6e MW~r hereof. and an aasumption of t6is oWiaation, in writins. by tbs oew pcaposed Gr~ntes. t6en. aad in t6at event. at t6e option oi the holdeT hGe~f. witlia~t Aotice. all sums oi awne~r secared hereby shall. immediately aod coneurreatly with such eonveyanoe. beoume das and p~yaDM and ~aid Note end Matgags shall ~e in det~ult. TO HAVE AND TO HOLD the ~me. together with all ~nd aingular the te~emeats, hereditaments ud ap purteoanee~ tAe~ennto bebnging or in ~nywise ~ppert~ining and the reversion and reveraions. remeinder and re ~ m~ind~rs. renta. itwe~ and profits tl~eof and ~lso al! the estate. right. title. interest. P~Y. P~n. claim and dem~nd w6atsosver as well ia law as in equity ot tbe said Moetgagor in and W the eame and every part ud paroel the*eof unto the said Mortgagee. snd his he'us. sueeeaaors ~nd aesign~. in tee simpk. And said Matg~gor. for himself. and hie heirs. kgd repressatatives. ~uccessore and ~ssisns. hemby oonvmants with said blortg~gee. hie l~eirs. legal eep~eeenutives. sucosesors and ~ssigna. tlut eaid Mortg~gor is iadefe~aibly •sit~ed ot said land in tee ~imple; tlut ths eaid Mortgagor has fuU power and lawful tig6t to ooevey the same io fee timple as ~foresaid: tlut it shaU be law~ful for eaid Mortgagee, his hsirs. legal repres~At~tives. sncceseors and aseigns. ~ at all times pe~ceably ~nd quistly to eater upon. hoW. oecupy and enjoy said land and every pert thereof: ~ that said land is free trom all incumbnnoes: tlut said Mortgagor. his l~eirs. legd representativea. succe~aore and I 'p assigns• wjU roake anch furtl~er assuranoes to pertect tt~e fee simple title to said I~nd in said Mrotgagee. ~j ' his bsirs. ieaal repre~entativee. eucr~sors and assigne. •a may reawn~bty be required: and that aaid Mortgagor ~ does hereby fulty w~rrant the titk to said land ~nd every part tAae~f and will defend the same ag~inst the ; ' lawr[ul et~ims oi aU per~ons whomsoever. ~ ~ It is understood that each of the words, ..note", .•mortgagor'. and '•mortgagee•• cespectively and the prawune referring tbereto. whether in the singular or- plurd ~nywhere in this mortg~ge. s!?all be singular if oee ody and ahdl be ptural jointly and eeverally. ii more than one. aad sha11 be m~sctiline. teminine and/ot nenter. wh~e~ever ' the eont~t so implies or admits_ ~ c And nid Mortg~~ for himself aod his heirs. legal representatives. suoees~ors ~nd assigns. h~eby eovenants and ~ ~gree~ to and with s~id MortgaRee. his kgal r~ep~sent~tivee. snccessore ~nd assigns: 1. To p~y dl and sin~lar the principal ~nd int~est ~nd the v~rious ~nd sundry su~a+ ot money payabie by virwe ot said promissory note, and tAis mortgage, each and evayr, promptly on t6e daye respectivdy the same sevenlly beoome due. ~ 2. To pay dt tad singular the tues. ~aseasments, kviee. 4abilitiee. obligationa and inrumbranoe.+ ot every ~ n~ture •nd kind now on atid descn'bed property. andlor that he~ft~ m~y be uaposed. suffered. pl~eed. fevied ~ or assesaed thereupoa. ~ndlor that here~fter may.be kvied or assessed upon tlus mortgage and/or the indcbtedne~ seeured bereby, each and every, wheo due ~nd payebk aocording to I~w, beton tbey become delinqvent, and ~ befors anq ~c~c .ca~n~ oT .nr ~.tcr is incurred: and in ~o tu as any thereof ie ot record the sa~e ehall be ~ promptly s~tisfied and dischtrged of record and the original official da.vme~t Isnch ss, for inatance, ti~e wz ~ ceadpt or the satisi~ction p~per otCticially endorsed or certifiedl shall be p4oed in the lund~ of said Mortgeqee ~ witbin tee days ne:t ~fter p~yment: and in the event tMt eny thereof is not so paid. satisfied and dixharged. ~ add Mortgagee may ~t any tune p~y the eame or any p~rt thereof witl~ont wdving or eHecting nny optian. ~ lien, equity ar right unde~ or by virtue of this mortg~g~e. ~nd the tull amamt of e~th aad every such p~y:nent ahall ~ bs immsd'utely due and p~yabk and alull bear intereet from tfie date tbaeof until paid at the rate of te~n per ~ oenturn per ~nnum and togsther w~ith such int~erest shaU be secured by tbe lien of this mortgage_ ~ ~ 3. To place ~nd continuouely iceep on the buildiags now or hereefter sitwte on ssid land fve and windsu~rm ~ ~ inaurance in tbe usual standard policy torm, in • amm ~ot kss than the amoant due hereon, in euch oompany or companies ~s may be approved by said Mortgagee: and dl such insunnoe poticies on any. of ssid buildings, any ~ interest theroin or part theraof, in the aggregate anm etoreeaid or in ~osss thereof, shaU contain t6e uaual ~ standard mortgagee clwse mtking t6e los~ under said policies. e~ch and every. P~Yable to said Mor?~agee u hia , ~ jnsere.t m.y appeu. and e.ch and every sucs pohcy shaU be pramptl~+ dsliveoed co and held by ssid Mor.gag.e: I ~nd, oot less tlun ten days in ~dvance ot che e:piration ot e~eh potky, to d~iivR to ~aid blortgaaes a rec~e+rd ~ thereof. together with a rsosipt tor the premium ot sueb renewal: and tbees shall bs no sacb inwnnce piaoo~ an aey ot qaid buildings. any interest therein or part thereof. unisas in t6s form ~nd witb tM bss p~yable atorewid: ~nd in the event any ~um ot money beoomes' P~Yable under a~ch polieY o* Policies and eaid Mori,~sgec I ~ " ` seex 312 ~~ur_ 14~ ; - ~ ~