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~ BUILOING "o~~ ~ 4S~M~35
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~ THIB MO1tT(iA08 D88D, ~.a..ua.~~.a cb. 16tb,~, ~ Nov. ~ 19 78
Frederlck M. Ma~rquardt and Jane A. Marquardt, his Nife of 2100 N. Attantic Ave. 408,
Cocoa Beach, FL. 32931 ~
b~tt~c talMd tM Matt~a~. whid~ t~nn ~uU iaelud~ tl» Mir~. Mpt np~otaUw~. ~uoo~ors ~od wi~o~
o! tM Mid Mats~a wbsrew~ tl~ contkt so nquin~ or ~dmits.
to '1'URT4B R86T A8SOCIATB9. 1NC.. P.O. Bw~ eld. J~as~o HNth, FL 95~67
MniwitK aWd' tM Yatpps, whkh tKm ~b~ll inebd~ tM a~oes~oh aod aMi~ns ot tM
~~id Mory~ wlwn+rre tM ooat~ct ~o req~ or sdmit~.
Wl'!'i~B89E"1'H: 1Lat tor dwws ~ood ud vatuabls ooaaider~tjotu. ud a4o io aomid~ttlQn ~ the a~resats a~m ~
a~eMd is tM prrooiiwoqr not~ ot even d~te he~ewith Mnia~hh~t describsd. tM s~id No~~oe doe~ b~sb~
RanR b~Aio. ~11. runiN. r~Yar. oonv~y and oon~eo uato the a~id Mort~a~. bi~ hein. a~oo~oes ~nd ~
aMi~u. ~II t~ arhio P~a..• parosL... ar tc~et.... ot land. ot whieh tbe ~id Yaetas~or b now Mised and
pw~Md ~nd in~etwl pow~do~. dquN in the Couaty ot 3~ Luck ~rd State ot Flodd~. d~sRtbad as fdbwse
Unit Weeks 42 and 43 in Condominium D-25 ~ ~~g
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consisting of Apartment Number D-25 and its undivided share
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of the comnon elements of Turtle Reef Condominium I,- as such is
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~ described in the Master Form Deed, recorded in Official Records 8ook -~C
~~~m
263, Page 2042. This is a purchase money mortgage.
it L tnrtbK ~resd bcweea ths p~rties w t,hi~ mort~~s t1ut~ in addicioa to the terms and ooaditions set ~ ~
out h~nin. ~t a ooew~?aao~ s6ouW be m~de by ths Mortaa~or ot ebe p~oiser Aecein de~er~'bed. or a~p? P~rt zJ r.
~n
t6arot wit~hout 1~»t obt~ini~ botA tbs w~ittea ooeseat ot t6e 6olda hereof. ~nd au assumption oi tl~is T
vo
obl~atioo. in weitioa. bp tb~ n~w p~opo~sd (irantM. the~. u1d in t6at want, at tbs option of tbs 6dder beceot. rY ~-t
wjthout eotiea. aD wm~ o! moaq? Mcv~ed henb~ ~bvl. ima~ediateiy ~nd oonrnrrently with soeb rnnveyano~. broome
mae
dw ~ad payabb ~nd said Nab ~nd ~oetasp ~b~lt bs in dofaak. - - ~ a
TO HAVB AND TO HOLD the sam~ to~tMe' witA a11 and sin~ilar tM taoemsnci. heroditament~s and sp
puet~o~ooN tbrnoato bdoeuin~ ar in aa~wia~ ap~pe~t~iains ~nd tbe erveraion and rwardooa. r~n~ind~r and rt
m~indas. ranN. isww ~nd pe~o8ta thereof ~ad abo dl tbs e~tat~. ri~ht, title. interest. propeetr, po~ion, eLim and
d~m~od wh~tsowar u~ waU in I~w as ia equity of tbs wid blatg~ ia ~ad to t6e sams aad evacr p~et and
p~t~ai thereot nnto t6s stid Mo~t~~ee. and his bein. ~o~ots ~nd ~ssi~ns, lu Eee aimple.
And s~id 'Moetg~~. for hi~s~. ~ad his heirs. lspl np'~atatives. woos~sors and ud~s. heerb~y ooawo~ata
witb s~id Mcet~s. his bein. k~sl rep'sseatatlvN. suaw~oes and usi~ns, tl~at qid l~oetaa~or ie ~det~abh?
~eis~! of a~id Wd is t~e simpiK t6~t t6~ a~id Mortas~ tw tolt powar and lawful risht to oonwp tht s~m~ In fes
simpis ~a JoreMjd: t6~t it ~haU be I~w(nl fae ajd Mort6agse. 6ir lwirs. legal reprNentatiw~, w~ooeNUn and asrips.
at ~ timM pwe~ablf aad qnietbr to ~nt~ npoo. bo1d. oornPp and esjop said W~d aod wrrr p~rt tbeeeof:
tJ~at raid t~nd i~ tne tran all inwmbnn~ tbat wid Mort~~. Ws h~ir~. M~cl repre~sntative~. ~aoeessoea aod
aai~o~. w~71 m~ke wcA turther assur~nos~ to pe:tect the tee ~pls title to aid lwd in s~id Mrotpaea.
bL diri. M~al repne~eatatives. a~essors ~nd wians. u m~r ns~oa~My b~ reqna~d; ~nd t~at s~id Matdag~or
does 6aeeb~ fn14 warrant tbe t[tls to ajd l~ad and everp part t!b[eof aod w~71 defend ths s~me agaiaet t6e
Lw[nl el~ims ot all pe~sons whomsoaver. ~
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E It is underatood tl~at e~ch of tbe words. "note.•. •.rnortg~or•. and ••mortpaes•• re~psctively and t6e proaonos -
j rate*ring tl~ato. whetl~ iu the singular or plunl anywha~e in t6is moctgaae, ahall be singulu ii aos oni~ and
shdl bs Plu*d jointty ud ssvenlty. i! nwre tban ooe. and ~haq b~ nwcv~os. feminme and/a~ nwt~. wbeeever
~ tb~ ooot~t ~o in~plies a admita.
~ Aad rid 1[att~a`or for lum~slt and his heirs. 1esa1 rePr~'tatlve~. w~oo~a~~ and a~m. h~reb7 oo~veo~nt~ ~nd
~es~ to ~od with wid Mort~gee. his Mgal repre~entative~. woossson ~nd aMign~
1. To pay ~11 ~nd ~i~nlar tbe pei~l ~nd int~ert and t6e varjous aod snndry sums of mone~? P~ri~ b9
virtns of iaid promiuory note. and tbi~ mo~t~ags. e~e6 and every. proaiptlr on the da~~ re~pectivdy the s~ms
ssveraliy bsoome due.
Z. To p~y aU and sinsular the ta=er. a~meats. {evie~. liab~itier. obligations ~nd incumbranoes ot every
n~wrs and kind now on s~id desen'bed p~opa~ty. andlor thac ben~fter mar bs impo~ed, wHered. pl~ced. lsvied
or a~aed tbereupon. and/or tlut hereatter m~r be isvied a~ ~s~rsd a~pon this mortgs~e and/or tbe iod~btedne~s
~eenrad beeeby. wch and eveq?. wb~n dus ~nd p~l~bM aoooedin~ to I~w. bsta~s thsy b~eoms dsl~quent, aod
b~faro an~ int~eceat att~ebe~ or un? penakr ir ineurred: ud ia w far u~? tb~reof L ot rsoord tbs wm~ sball be
poo~mptlr satisfisd and di~ebarged oi rei.nrd and the orialn~l o~Rcial doeument l~ueD as. tor instaaoe. tbs t~
nc~ipt or tbe ~aWt~etion paper o~ endorsed ar osrtiRedl ~ball bs pbosd in tM h~nd~ of ~aid Moctga~es
within ten day~ nut ~ft~ p~ym~nt; and in tbe eveot that mr t!?enot b oot w pdd. qtLfisd ud discb~reed.
aid l~oresag~ss m.p ac auy time p.r ths i.me or .ny p.rt c6~reot wichont waivius or attect~ins any aQSioo.
~ 1ia~. equitr u* rishs nnd.r or by virtus d c6b morcgaas. and ehe tn~ .mamc oi e.cb .nd weey web p.yme~ s6s11
b~ iaaa~ediately dw ~ad payabM ~nd d~11 be~r iat~e~at tr+o~n tM dab tbe~aof nntil p~id ~t tbs nte ot teo per
aatnro pe~ annnai and toaetl~er wit6 acA inten~t ~hdl be seeured~by ths ljen ot tl~s mortgase.
~ 3. To pl~a u~d oont~atiwudy ke~p on tM bui7dings now or bee~fter aiwab oo aaid W~d fire aod .~indstorm
k inau~no~ in tbe usual standard poliey fonn. [n ~ wm not lsM thaa tb~ amount dw he~eoo. in wch oompany
~ or oom~anie~ u may bs approvd DY ajd Morts~~ ~nd aD a~ iawuanos polk~ oe an~ ot ajd bm7dtnp, my
iotarwt tberoin ~ part t6enof. in tLe ag~eeg~te rnm afoewaid or iw s:osM tbereof. s6aU aontafn ths nrwl
st~od~rd mort;a~ clanss makina tbt IoM nnder nid pot~eja. e~eh aad eveq?. P~Yabis W afd ~tortgages ~s hi~
fnc.ewc m.r appar. and .~c6 .ua we~ .oeb poriep .h.n be pcomptb dviweed co ana beta by .da ~[ass•s•~
and. not lea t6an teo day~ In advaaoe ot th~ ~spiratioa ot Meh po~cr. to d~liwr to aid Martpp • ere~wd
th~rrc~f. to~th~r wdtb • r~aipt tor t~w pe+aainm ot axti renew~k aod th~e~ ~U b~ no wxh ~a pl~od
on atnr ot wid buildinp. any iot~+rt tMwin or part th~eot. nol~ ia tb~ Mrm aad wit6 t~ los~ p~yable as .
dawaid: ~od ia tM ~v~nt anr wm ot moos~ b~oomM p~ysbls ~aidu wub poik7? o~ poBeiM and aid Mortg~~
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