HomeMy WebLinkAbout0310 _ _ : ,
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BUILDING "n~~ ~ 4SQ~41 `
THI8 MORT(3A~i8 0880. m.a..aa ~«uua cw 22n~,~, ~ Jan . 1~ 79
~ Harold 6. Nelson and Alice E. Nelson, his wife of 311 Massachusetts Ave.,
~ Arlington, . Ma~ss. 02174
l~.r.iaaR.r e.n.a ts. l[ort~.~. ..6id~ c.ne .6.u inel~a. cb. A.~.. rN nw««~t~wvw. ~uo~...o~. .na .~dsa. .
ot tM Mid ~/ortp~or wl?~nvrt tM coetsst ~o r~qui~w or ad,mits. . .
to 7'11R1'i.S REg! AS90ClATE8~ INC.. P.O. Bo~ dla, J~sn Bwe6. FI. SS~67 ~
~ ~ft~ cal4d' t6~ ~lattyw, whk6 t~em ~11 ~nelnd~ tM wooeaoes and :ssisns o.t t4s
~aid Maetp~ wMnwr t!N ooatest io nquiew or ad~nits. ~Q
WI7NB83STH: T1~t far dwKS aood aeid vatwbM oon~id~ntio~u. ud abo ia ooe~d~etitipa ot tbs ~esate wma ~
n~m~d is ths proasiNOry not~ ot ev~n d~te harewitQ h~rdmRer de~cn'bed. tM ~~id Mortssgor doe~ bw~sbr ~
~nat. b~rAin. a1i~a. ereniw. nlNS~. ooavey and ooaEbm unto Nr sdd ~oetp~. his l~irs. s~oos~o~s and
aMi~e~, all t6~ o~aia pi~o~.... p~roet... or traet.... ot l~nd. ot whieh ebe nfd Marta~ae b now ~eised aad :
pwM~d aad in~etwl po~sa~ioa, dl~ut~ !n the Connty ot 3t I.uete iu~d 3tsce of Flodda. ds~cribed as Mtk+wec
r Unit Weeks 20 and Zl in Condominium D ' 26
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consisting of Apartment Number D - 26 and its undivided sh~r?
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ti of the common elements of Turtle Reef Condominium I, as such is
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described in the Master Form Deed, recorded in Official Records E~~~L_
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253, Page 2002. This is a purchase money mortgage. m~
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IL 1~ ~lt~! ~l+Ma ~twel~ tb! paitle~ t0 tb1A IDofLQl~Q t~~. 111 ~~IL~OD LO t~l! tKms ~Dd CO~d~tiOifs ~t: ~
ont h~rein. it a eoav~eqanee ahouid be m~ds by the Mortgagor of the peamises he~a descn'bed. or anY P~
tbernof, wltbont 1~rst obt~init~ both tlie writt~n. ooassot of tbs MW~r b~eeot. a~ an assumption ot this
obli~tion, ia wrkis~, by t!r ww pe~c~po~sd (irautes. then. and ia tl~ac weat, ac tbs option ot t6s boldar heeeot, ~s
wtt6out ewRiee. all wm~ of . moar~r aKVnd beeeb'9 sbdi. immediatey and oon~.w~tly wit6 meh cooveyanoe. bsoome v6 ~ r
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~w ~nd pqabM and s~id Note ~nd l~artaag~ shaU bs in defank.
TO HAVB AND TO HOLD t~ sams. to~ethK with a11 and ~rogol~r the tene~aeata. hareditamsnts and ap
purt~oai~ th~t+wmto b~bo6iag or !n anywfss appert~Inins ud tbe ee~re~on and .nver~a~, rsmainder and rs
mdnd~r~. nats. ~~nd pfot~ t6ereof and elso dt ths a~tate. *i~At» title. iuterert. P~'oP~Y. P~ clden and
d~m~nd wh~t~ow~ ~s wdl in law ~s ia equity of tLe sdd Matgsgor in and to tbe wms u~d evary p~rt and
p~rai tl~eaot nnto tM s~id Mortg~ge~ and his heirs. snoeessors ~nd assigns, in fee simpM.
Md Mid Mataaao~. tor him~alf. ~nd his heirs. b~al rsp~es~nNtivea. suooessors and anisns, hereby aoovanaats
with s~id MeetaagN. hL 6ein. . kpi repessentativ~s. weranoe~ and assigns. t6~t said l[o~tg~gor is inde~sasi'bty
a~is~d o[ s~id l~nd ia tes simpi~ tlut ths a~id biort~~or 6u fdl powrer ~nd Lw[nl risht to oonwy t6s ame in fes
dnspb s~ ~fans~id: t6~t it s6~ll bs 4wfnl tor said Mo~ee, hb b~iri. legal cepreNatath?e~. sua~eNOrs and assi~s.
at ~II timM ps~cyaWy and qniedy to anter npoo. bold. ooa~py asd enjor aid laod and ere~y p~rt t}Keeof:
' that e~id land b fns irom all iuenn4bnnoe~ t6at s~id Mat~aeor. 6is heira. ie~al r~pfeaeatative~. ax~on aod
! aMisos. wW cu~k~ a~eh fwtl~er ~swraaoe~ to perfeet tbe fes ~im~is titk to - nid land fa s~id Mrot~sgea
' I~b Leir~. 1~~ np'e~aatatives. suoosssors and assi~ns. as ma~ e+suooa6iy be nqnired: and LAat s~id Mortgagor
~ dw~ 6ee'~b'y tag? warrant the title to said Wid and everp part tl~enof and w~l dstend tbe s~me a~gaiast tLe
~ lawlul elaimi of aU persoos whonuoevee.
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~ ~ It iu unde~tood t6at eaeh of the w«ds. .•note•.. ••mortgagor•• and •.mortaagee•• respective~, aod tLs prooounr
reterring thereto. whet6er in the singular ar plunl anywhere ia this mortgase. shaD be ~ it oos oatp and
eball bs planl jaatly and eeverally. if more cl~an one. aad s6ari be muailins. temini~,s andlor nenter, wbee~sve~
t tt~e ooata~t ~o impBa ar admiN. • •
And Mid ltart;t~ tor him~ait and hi~ 6eir~, ie~a~ reP~'e~ent~tive~. snoo~a~orr aad as~ar. 6ereb~ oo~v~manb aad
to tad ~ritk said Mortsagee. his legal represeatatives. suo~ssors and Wei~ss:
1. To pq aD and angnlar the prindrpal and tnterest and t6s variow aad ~aodry sums of moner ~r•~ M
virtns ot s~id prami~sory aote. ~nd tl~is mo~a~s. e~eh ud every. prom~tly on the dqs re~pectivdy tlre sams
•evvenlly bsooa~e dw- ' ~
Z. To p~y ~II and ringulu the ta:e~. assessmeuta. Mviss. li~bilitie~. obtigations aad ineumbranoes of every
natars aad Irind eaw on said dsscrtbsd prvQerty. and/or tlut heroaft~ m~y bs impored. snHered. plaoed. Isvied
ar a~~sd t6ereapon, u~d/or tlut h~ealtee may be levied ar as~~ed upoa tltiw mortaaas andlor t6e indebtedne~s
~or~d bu~by. e~ch and eveq?: wha~ dne ~nd p~yabk aoooedit~ W l~w. belore tLsp bsoome ddinquea~ •nd
b.r«. anr ~eere.e .ce.cbe. o~ .nr ~er u incorred: and in ~o tar ~s a~? t6w+eof is ot e~eeord t6e s~me e6all be
~ pnomptly iatLtied ud diaclur~sd ot rrooed and the oriaind ofBci~1 doa~meot Isnc6 u. far inatanos. tLe taz
[•Or~ Of M~18taC~j00 ~~K OfR[~ lDdOf~ Or O!!'t~1~I /~l~II b! pli0ld IA Ld! II~O~s Of NM MOYL~3gE!
~ withtn tefl dari Ds=t aftlt P~Yman~ and iD the evenL tLtC ~n~! tberMOf is nOt ~O p~id. sttiefled and disCh~rged.
a~id Mort~g~s m~y ~t ~ay Wne p~y tlre s~me. or u~y put ~the~+sot witbont waivina or affectins anY aption.
1ira. equiq or risht ~ ar br virtue ot t6i~ mortgaas. and t6e tnD ~ma~nt of e~c6 ~nd every eneh paymeM e6aIl
~Eilr jmmediatety dw and papabls ~ad slull besr iaterest trv~ the d~te therwt unta7 paid ~t tbe rate ot tea pe:
oentnrn per annum aod co~ther with ~uch inte~t shaU be aeeured bp tM tkn ot t1Js martga~s.
~ 9. To p4a ~ad oontinuouslp ke~p oa tM buildings now or M~witer ~itwte m said W~d fire a~ winduorm
~ inwr~nd in th~ wwl ~tandard poliep tarm. in • smm ~ot i~ than tM amonat due hereon. in such oompanY
or oomp.nie. .s m.y be ap~prowa b~ ..id Mort~.~ ana .n .ueh inw~r.nos polkis. on .ny ot saia builains.. .ay
~ tMrein or p~rt thKaot. in tbs ag~egate _iam aEore~aid or ia a:cea tl~ereof. slull oontain tbs uw~!
daod~rd mortga~s ciawe makins tbe loss nnder s~id polieis~. Mch ~ad eve~. P~Yable to said Moctgagee as hL
iat~ee~t ~r appwr. ~ad Meh aad ev~ry ene6 poli~y ,6a11 bs prompN~ ddiwe+d w aad I~ld br s~id Morip~.x
and. not ba tbw tea day~ ~ advaoo~ of the e:pdratioa of Neh pdiey. w d~livK w~aid Mort;a~ a rewwai
tbr~ot ta6at6K witb •»oMpt for tbs premium ot axA re~swal: aad tMn ~11 b~ no su~h {nwuaaos pLa~
an anp ot wd bniWinss. a~ jntereat tl~seeia or part thersof. nnlw in tb~ for~n and with tM lose p~yabk as
d«~a: .nd in cbe ev.oe .nr wm ot money beooen~a p.r.w. under sue6 poBcr or po~ic~u .na ..ia Matgagee
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