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HomeMy WebLinkAbout0305 _ - - . ~ , ~ ' j. ~ BUILOING "0" t~~~IQ~~ . ~ THIS MORTOAOB DEED, ~.a..na ~«u~.a ~.b. . 24 ay? or Novea~er ~ 19 78 ~ R~nnond J. Nau, Jr. and Brenda A. Nau, his Nife of 226 Shore Lane, ' Indian Harbour Beach, F1. 32937 ~ s~ e.~.in.tNe aq.a ctl~~. 1?[aKp~or. .r6kh cum .b.u iaelua. cb. b.irs. M~al r~p~.paaa~?... sue~...or. .oa ..~ipr ~ ot tb~ Mid Nort~asor wbaevK tb~ contut so »quire~ or ~dmies. ~ to 'RIRTLS REB!' A8.90CIA1'E8. INC.. P.O. B~ d18, J~a~sn Hwch. FL 93~67 - ~ h~nla~tt~ calbd' tM Mort;~ee. which t~ ahaq includs tM i yid Yoet~ wbrwrc tM ooAt~t sa nquire~ or admit~. suooa~ors and s~d~t ot tb~ ! n ~ WITNB83E1'H: 7L~t for drvars ~ood aad wluable ooaaider~tioas. aod also in ooaddKatiqa ot tM ~aN aim p i a~sm~d ln tbe pranis~oty aots oi evea d~te herewith hersin~it~r dsaribed. tA~ ~aid Mort~or does 6~nb~ P'~~• ~ND. ae0. aliem. nmise. nM~ia. oonvey and contira? nnw the said Mats~M, ~it 1Ni».~ ~uoo~oes ~nd ~Mip~. ~U tM artafa pi~oa... p~rosl.... or tnet.... ot land of whicl~ ths s~id ~~xtasaar b now eeised ~nd ~ po~d and in~etwl pos~uion, dtwte tn the County of 3t. Lucie and 3tate ot Fjorida. dMdibed a fo0ow~c ~ t Unit Weeks 22 and 37 ~in Condominium D 26 26 ~ ° N consist~ng of Apartment Number 0 and its und~vided share ~ ~ ~ of the common elements of Turtle Reef Condominium I, as such is - g~~' ~p N x - o described in the Master Form Deed, recorded in Official Records BQOk, . ~a~ 263, Page 2002. This is a purchase money mortgage. ~ N o' ; ~ , tc tu~tMr aae~esd batwesn cee parc;ee co c6is morc8.ee ch.c, in .ad,cion co cbe cerms .na conaiciwsr ,ec _ ~ a o out b~nin. it a ~onveyanca ~W be a~de by tM Matgago~ ot the premises herein de~cn'bed. a~ ~nY P~ ~-a tlwrwt wit6aut 6r~t obt~inins botb the writtea coasent ot the MWr hsrwt. ~nd w a a ~ n? p t i o n ot thi~ obtigation. in ~writios, by tbs oew pcopo~ed Grantes. then, aad in that event. at t~ option of the holdee b~ceo~ withwt notios. ~D snms o! moaeq secvred hereby shall. tmmed'utdy aad eoeKUrree~tly witA nu6 oonveyanoe. beooms dw and pa~nbM and a~id Note ud Mortgags ~h~ll bs in def~nl~ 7~0 HAYS AND TO HOLD tbs s~ma toaether with all and ~Lr the tenementa. hereditaments ~nd a~ purt~o~nor the~+wnW b~ia~iag or _in anywiss ~pp~rt~iaing and the rever~ion and e~sveniona. rem~ind~r ~ad es ; m~indas. reuta. iau~ and protits thereof ud alao all L6e e~tats. risbt, title. int~, pr+operty, po~~essioa. cl~im ~nd dam~nd whataosv~r u.well in law as in equity ot t6e said Mottgagor in and to t6e sams and every p~et ~nd p~red t6ereot nnto th~ said Mortgaaee. and his heirs. su~sso~s ~nd aesigns, in tce simpls. And said Mortg~sor. tor tiie~uslf. and his heirs. leaal rep'e~entatives. snceessors and usi~ni, hereby ~onveoanta wit6 nid Mortss~es, hL 6eira legal np~eses~tatives. succes~ors and aasigns, that said Moctgasor i~ indeteu~'bly ~eised ot nid l~nd in fes amplec that ths s~id Mortaago~ Iw fuU power and lawtn! ri~t to o~~ t,bs ame in fee simpie u dore~aid: that it sluU be IawfW for wd Mortg~ges, his liein. lepl rq~entativa. weosasors and a~igns. at aB tiaw ps~oMb1Y and quietlr W anter npon. hold.` oowpr and eajoy s~id Wrd and avsqr p~rt thereof: t~t a~id t~nd is tree trom dl incnmbrano~x that said Mortgag~. his hsirs. Mgal repressnt~tlves. suooe~sso~ ud aa3~n~. wiU tn~kt snc6 turtber assuranoe~ W perfect t6e fee si~pie tltk W~aid Lnd in Mid Mrotaage~ bi~ Seirs. k~l reprasatatives. sucoes~ors tad assianr. as may te~~on~bty bs required; and th~t aid Moct~agor cbss h~nby fnlir warrant tbe title to a~id land and every p~rt thereot and w~l detend the saa~e againeR .the l~w1u1 elaime ot all peraoos wbomsoever. i - ~ It u uaderstood tbat e~ch of the +rords. '•note.•. ••roortgagor•• and ••matgagee•• rupectivel~ aed tlw proooun~ ~ refetring thereto. whether in tlte aingulu or plural ~nywlkre in this mortgags, shall be singular if oos onfy aod ' sh~ll be plnr~! jantly u~d sever~Uy. ii more than ~e. and a6all be maKVliae. feminine and/or nenter. wherevar ~ ths contat b impW~ or ~dmics_ ` Aad ~aid Moetsraor for hitnself and Itiw heirs. kg~l represeotativea. s~cseNOrs and ua~gae. becebr rnverunts and aar~ to aeid with nid Mortgaqee. his legal repre~entatives. sucoessocs and asdan~ 1. To p~y a11 aed siagular the principd and int~rest and the wrioas aad sundry sums of aeoney paYable by virtw of aid promis~ory note, and t6is martsage, each and every. prum~tly on tbe days respectively the s~me sevenlly beoome dw. fl 2. To p~y all ~nd singular t~he tue~. as~esemente. kviee. liabi}itiea. obtigations and ineumbraacee ot every ~ nacure and kind now on .a;d dexn'bsd prope~ty. and~or chat tbreafcer may be impo.ed, wffered. pl.ced. levisd ~ or a~saed tl~er+e~pon. andlor that hereatt~er m~y be levied or ~ssessed npon thia mortgage ~nd/or tAe indsbtedaese ~ aseured h~esby. e~ch ~ad every. when due and p~y.ble acc~ding to Itw. bsfore they bsoome delin~t, ~nd before any intere~t ~ttacMa or any pesdt~ b ineurred: and in so fu as ~ny tLeeeot is oi reoord the same s6dl be ~ pe+omptly atisfied ud - diac6arged of reoord aad the original ottieial documeat Isnch as. for instanos, ths taz ~ e+~aipt or che ..wtiecion P~Per uff'xWly endarsed or cerc[fiedl shall be pl.oed ia cbe h.nds ot ~.id Ma:tgaaee ~ wk61n t~n day~ n~t alter p~ymaat: ~nd 'w the event t6~t any tbereof b not w paid, wtisfied ~nd discl~ar~sd. ~ ~d Mart~gse mar at any time p~y t6e ume or any part tMreot witbont waiving or affectinB ~Y ~ Wn. equity or ris6t under or by virtue ot tbis mortgags, and the fuU amount ot e~cA aad every aueb p~ynoent a6~II b~ immsdiately due aad parabls and slull bs~r inter~t irom the date tl~eof unt~ paid at t6e nte ot ten per oanhun per annum ~nd togetber ~rith sueA interest ihall be secvred by the lien of this mortgage. 6 ~ 3. To pl~os and continuwaly keqr on the buildiegs now or ~ere~fter sittute on said land 6re and windstoreo ~ insura~ io the uswl atandard policy tarm, in a smm ~ot lea tban ths amonnt due hareon, in such oompan7 ~ ar comp~ni~s as may bs approved by s~id Mortgaaes: and a!! ax6 ins~uanoe poiiciea on any of ~aid buiiding~. ~ny intere~t t6erein or part thareof. in t6e agg~egate sum aforesaid or in ~ossi tLereot. shall oontaia t6~ wwl ~ ~faadaTd mortaa~ee claws m~lcing tbe los~ uader said policies. each snd evary. WYabls W said Mortgagss at hi~ hrt~e+Nt m~y appwt. and e~c6 and even? w~ch policy s6~ll bs p~oa~ptlp deHvered w and beld br aid Moirtp~c and. not las t~n ten day~ in sdvanoe oE the e:piraiion ot e~ch policy. to d~iiwr to Mid l[at~~ ~ narwd t1~~ot toptbK with • reoapt ta ths p~emium o! wch renswd: ~nd t6er~ ~h~ll b~ ta w~c6 iow~rano~ pi~ad on ~n~ ot said buiidie~s. any inteerat t6eretn or p~rt tl~ereof. unlea in tbr form and with tM ba p~yabie aa Joee~sid: and "w cbs eveoc .ar .um of mooey bsoomes P~rabls under weh policp o~ po6cie. .ad .aid Mersgag.. l ~ Bo~~ 312 ~~E ~3 ~ . ~ ' .r~