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HomeMy WebLinkAbout0110 . ' 6UILDING "D" ~~32~ THIS MORTOA(iS DE~D, mads ~nd e:ecuted the 30th,y o~ Jan. . _ 19 79 br Ri chard M. ~acnbi,..~d v 1 vn R_.lACnhf _ hic ~ri fa n* 540 NE IC~v TPrrAra _ RnC~ Raton, Fl. 33432 h.~.in.rNr c.usa ch. Morca.aor. we~cn eecm .h.u inch,ae cb. heirs. {eg.~ .epre..aau~e.. ,ucca..or. .ua ..si~n. ot tM ~tid Mortgasos wberever tAe eoete:t so requires or ~dmits, w TUATLg REEF A3.SOCIATE3, INC.. P.O. Bo: 818, Janssn Be~ch. FL 33a5T heninaRer ea1Md' the Mort~aea, which tena shall include tlis sueoseio~s aad a~aigns ot tbe s~id Mortg~~ee wl~erever ths conte:t so requires oe ~d~nits_ WITN833ETH: '[Uat tor devers guod and vsluable coaaiderations._ and also in ooasidentiqn ot ths aggreg~ce sam n~med in the promissory . note of even dete herewith hereinafte~ described, the sdd Mortg~gor does her~sby gna~ bargaia. seU. alien. remise. re{ease. oonvey a~d confum unw the s~id Matgaaee. Ais heirs. sueosssors ~d : udans, aU the eertain pisce..., puoel.... ar tr~ct.... ot land. of ahich the said Mortgaaor i~ no~r ssised and ~ possssssd and in~etual posssssion. aitu~te in the County oi 3t. Lucie and 3tate ot Florid~, deecrlbed ~s toUowc~ r~ 18 and 19 in Condominium D ~4 S Unit Weeks _ S consisting of Apartment Number D~4 and its undivided share ~ Q Q~ ` of the common elements of Turtle Reef Condominium I, as such is . . g a : described in the Master Form Deed, recorded in Official Records Book J~~~~ , go _ 263, Page 2002. This is a purchase money mortgage. ~°C ~ ~ o i ~ It is (arther agreed between the parties to this mort~:ge that. in addition to tbe terma and oonditions r~ ~ ~ ~ out herein. if • oonveyanoe a6ould be made by the Mortgagor of the premisee herein dese*~bed. or anY P~ ~ w t~ t6ereof. writ6out ~irst obtaining both the written eonsent ot the 6old~ Mreof. aad ~a ase~mptioo ot tl~is Y " obligation, in writing, by the oew proposed Grantea then. and in that event, at the option of the boWar heeeof ~rithout notice. dl sums of moasy secured h~reby shall. immediately and coneurrently with such oonveyan~e. V ' due and payable ~nd s~d Note ~nd Mortgage ahall be in default. ~ X V~f TO HAVE AND TO HOLD ths aama to~t6er with afl and singular the teaements. hereditaments ~nd ~p \ p~uteeaocw tl~nto bsbnging or in anywiae appsrtaiaing and the reverean and reversioas. remainder and rs -t rents. i~wet and profits theceof and ~lso aU the estate. righc. titk. iaterest. P~Y. P~sion. cWtn and dem~nd wlutsoev~ ai well ia law aa in equity of the said Mortgagor in end w the sau~ ~nd ev~y p~rt u~d p~roel tbereof unto the said Mortg~qee. and his heirs. aueeessors and assign+. in fee ~impk. And e~id Mortgagor. tor himself. and his heiro. le~l representative.+. ~uccrasors and usians. bereby conveaants with said Mortg~gee. hia heirs. legal eep~eseatatives, successors and as~igns. that s~id Mo~tgagor is indefeasibiy ~sired of a~id land in tee aimpk: tlut ibe s~id Mortg~gor !us tull powa and lawtul right to oonvey tbe s~me ia fee simp{e ~s atoresaid: that it shaU be law(W for said Mortgagee, his i?eirs. 1ega1 repreeentatives. suee~sors ~nd assignr. : ~t all times pe~ceabiy ~ad quietly to ~tar npon. hold. occupy and enjoy aaid laad and every part thaeof: z that said land is tree from ~U incumbrances: that said Mortgagor. his heirs. kg~l repreientatives. soc.oessors and I~ assisns. will m~lce such fiuther saauranon to pertect the tee aimpk titie to said l~nd in s~id Mrotgagee. ~ his heirs. legal repreaent~tivea. ~ueceneore and assigns. ss nuy ce~sonabty be required: and that s~id Moctgagar ~ doee hereby fully w~riant t6e titk to eaid 4nd and every part thereof ud will defend the same ag~inst the ~ lawi~il claims of aU per~ons whomsoever. ~ It is understood tl~at each of the word~. "note". "mortBaBm" and "mo~t~BaB~ ~~~~~~Y PrO°°~O° F reterring tbereto, ~vbeiher in the aingular or plurd anywrhere in this nwrtgage. shall be aing~lar if one only u~d ' shall be plural jointly and xverally, if mo~e than one. u~d a6a1! be cnteeuline. teminine andla neut~er. wt?eeeve~ ~ t~l~e c~t~t so implies or ~dmits. And iaid Mortg~aor for himeelf ~nd his heirs. leg~l representativea, euocbssors aad assigns. bareby eoven~ets ~nd agrees W~nd wits eaid Mortgagee. his legal representatives. aaccessoro and assigns: 1. To p~y ~U and aingular the priricip~l and inEer~et ~nd the varia~a snd sundry eume of money payable by virtue of s~id promiesory note. and this mortg~ge. each and every, promptly on the, daye reepcctivdy the aame xvaally become due. ~ 2. To p~y aU ~nd singut~r the tues, aasesaments. {e~~ies, liabilitiee. obligations urd in~vmbnnoes of every ~ nature and icind now on ~aid dexribed property. andlor that herealt.~r may be imposed. suHerod, placed. Mvied a~ asses~ed th~renpon. ~nd~or that herc~ft~er may be levied or.aasessed upon this mortgage and/or the jndebtedne~s ~ secnred hereby, e~ch ~nd every, when due ~nd p~y~bk ~ocording to ~aw. before t6eY become delinquet~~ and betere any interest attachee or any penalty is inctured: and in eo fu as any thereof is ot record the sams shall be ~ promptly setisfied and disc6arged ot record and the original official document Isuch ss. tar instanos. the t~ ~ rspiPt or the eatisfaction p~per officially endorsed o~ certified? shaU be plaoed in the hands ot ~aid Mortgagee ~ within ten days ne:t ~ft~ p~yment: and in the event tlut any t6~reot is not eo p~id. satisfied md disch~rBed. ~ stid Mortg~gee may at any time pay tM eame or any p~rt thereoi withoat waiving or aNecting ~nY option. lieu, equity or right under or by- virtue of thi+ mortgage. ~nd the full amount of e~ch and every such p~ymcnt shall ~ be immediately due and p~y~bk and shall bsar intenst from the date thereof unW paid at the nte. of t~en per ~ oenwrn per aanum and together ~rith auch interest a6aU be x~red by the lien of this mortgage. ~ ~ 3. To place and continuoualy Iceep on the buildings now or 6ereafur aitwte on said land' fin aud windstorm ' ~ insurance in the usu~l atandard policy form. in • sum not less tban the amount due hereon. in ench oomp~ny ~ a: comp~nies as may be ap~oved by said Mortgagee: and all such inaurance policiea on any ot said buildings. anY ~ interest therein or part thereot, in the sggregate eum atores~id or in e=ceas theroof. ~haU contain t,hs uswl ~ ec standard mortgagse clauee making the 1os~ under said policies. e~ch end every. P~Y~bk to said Mortgsgee ~s hi~ , interest m~y apps~r. and e~ch and every such policy shall be P~omPtly dslir"e~ed to and beld by ~ajd b[octgaps: ~ ~nd, aot less thao ten days in advance ot the e:piration of e~ch poiiey. to ddiv~ W wd MortBa~s~ • r~o~wv tbereot. together with a reoeipt tor the premium ot ~uch renew~l: and thers shs11 bs no we6 insu*~e P~~od on any of sald building~. anr iaterast tber~in or part thereot. unle~s in tbs form ud wit6 tbs lon p~Y~bie as ~ afore~aid: aed in the eveot any sum ot mooeY beeomes p~yadk under such policy or policies and s~id Ma~t~gM :I ~ ~ ~ ~ ~ •ti gn,;!f . ~ Y n R i'1l;` ~~O ~