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 ~