HomeMy WebLinkAbout0325 .~t` _ _ _
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. BUILDING "o~~ 4Sa44'7
THIS MORTOAtiB DEBD, a~~ ~ad ueeut~d tM .~~Ldyr ot DECEI~ER , lg ~S
~ JOSEPH J. RAY and RUTH J. RAY hia wife of 2402 Sarno Road,
Melborne, Florida 32935
h~e~inait~ altid tb~ Yat~a~or. whid~ t~na ~ iaelud~ tb~ bMr~. Mp1 r~P'watatiw~. aroeaMOr~ aad wiseN
ot td wid Yats~oe wh~v~ tM eoat~n w r~quiew or ~dmit~.
to 7'UA7T.8 It~g~ A88(~IA'PES. 1NC.. P.O. Aos dla. Je~Na H~~ch.' FL 3S~b7
A~iwiR~ c~1Md' tbs Morts~, whfd~ t~sm ~6aU iaclud~ tM aia~ and wipis ot tM
s~W Maetea~ w1?~wr tM ooatest so rsquir~ or ~dmita.
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Wl1'NSSSBTH: ~t tor dwen ~ood and valwbb ooodderatioes. and dso ia ooosidreatiQo ot !M ~re~ats wm t~
wm~d io t6e pooaiiNOry nots ot we~ d~te herewith h~eeiaaRe~ de~aibed. tM ~id Moet~a~ar do~~ ~
¢aaR b~rAlo. ali~n. nmirs. relwsi. oonv~ey u~d ooafirm unto tl~e aid Maet;~~. hi~ b~ies. w~oo~as ~ad
wisos. dt tir oataia pi~os.... parcd.... or tr~ct.... ot land. ot whleh tbe Mid Ma~rt~or M aow Mitd and
po~~d and ioaetwl pw~sio~. iitwu in the County of G~ci~ and St~te oI Florida. d~~cr[b~d a ldlowx ¢ ~ p'~
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Unit Weeks 18 and in Condominium D ~-19 ~
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consisting of Apartment Number D -19 and its undivided share ~ o N~
of the comnon elements of Turtle Reef Condominium I, as such is
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' des'cribed in the Master Form Deed, recorded in Official Records Book ~'A
~=Y~:
' 263, Page 2002. This is a purchase money mortgage. ~ y tl K
r
It is tnrt6sr. ~raed bstweea the puties co this mortgagr LbaL. in addit,ioa w the terme and oonditioo~ Mt ~ ° A~e
onc bee+eia. u a oonwyanos s6ould be made by the Mats~ ot che prsni~ss h~ein dsseribed. or a~p? part °
tbK~ot. witbout tint obt~inint both tbe written tonseat ot t6e 6o~d~r Me~wf. ~nd w a~wuoptioa d thi~ ~ s
obii~atioo. in writit~. bp t!M arw p~opoMd (3rantM. tLen. and in tliat wea~. at tM optbn ot Ns boidr l~o~ ~ w
witAout notios. aD wms oi moe~y ~eeured bersbp shaU. i~aa~ediately and ooeK.vrrently with wes ooowp~noa boomi
dw ~nd payab4 ud nid Nots and Mortsa~s sAail bs in detanlt.
TO HAVS AND TO HOI.D ths s~a~s. to~etber w~itL all ~nd ~gul~r the tens~oeata. berodit~ment~ ~nd ap
port~eaoa~ tb~+ensW b~ioapng or in aaywise ~ppert~ining and the rev~sion and reveroioo~, rsm~imd~r ~nd rs
to~indrs. evnta. ~ and pm8ta tAereo! ud also all tbe estate. *isb~ title. iuterest. ProPertY. Po~aion. eldm and
drm~nd w~6~twwer u wetl in law as in equity ot tbe a~id Mortgagor in ~nd to the sams and waey put and .
par~oei tbsreoi unto tlw said Morcgagee. and his heirs. snooeseors and as~igns. in tee simpie.
Aad aid Mort~or. tor himselt. ~ad bis hein. Ispl r~prMentativea ~uaessors and ~~ns, haebf oonva~nt~
wit6 aid l~tartg~ae~. his h~rs. Mad repe~eatatives. s~oosaon and a~sign~. tl~t s~id Mart;aeor L indek~dbl~?
s~i~ed ot said had in fes si~l~ tbat ths Nid Mortsagor has tnlt power and lawfW riaht W ooovs~? tbe sams ia tes
dmpl~ u Jorewjd: tbat it abaU be lawEnl tor said Martgaeee, hi~ heirt, bgal rep'a~sntati~re~. w~ooeMOrs and as~isn~.
at all tinw ~pe~oNbiy and quietbr to ~ntr npon. 6old. oceuPp and aajay s~id hnd aad evec~ p~rt ti~e~of:
t6ai Mid land 'u tres trom ~1l ineumbranoex t6at said Mortga~nr. 6js hsas. Mgal reprs~entative~. a~ooswon and
~s~os, wiU make wch furtlier aasuranoe~ to perfect the tee siarpb title to ~aid land ia aid Mrot6aaes.
6eir~. M~1 repe+saeatativss. suoeeswrs ~nd ~s. u m~y nuooablp b~ eequired: ~nd t6~t wid Mat6ag~or
nd
` doe~ Meby fnlly warrant t6e title to said I~nd and every part thereof and w~7! dsfend t6s sams against G6s
~ law[ul claims ot dl persons wbomsoever.
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i It b understood tbat e~ch oE tbe nords. "note... ..mortgs~.. and ••mortgaeee•. re~psetivdy and t1~e proaouns
f rete~:ring thereto. whet6er in the aingular or plunl aaywbera in this mortgags, ehaU be sinautar ii oos ontp and
~ shaU bs ph~ra! jaiatlp and sevenlty. if moee than o~. and shall bs e~senW~a. feminins andlo~ nentar. wl~ever
tM ooatut so imp~sa ar ~dmits.
~ And wfd Noetaa~or for himssli ud hi~ b~lr~. 1eaa1 r~eprs~`t+tiw~. w~aa~oes ~ad aaign~. 6ereby oova~unts aad
a~~ess to and wit6 s~id lrtort~agee. his legaf rap~entatives. ~uetessors and a~s:
1. To pay all and singular the princi~l- and ieterest ~nd tbs varbus and suodry sums of mone7 P~ri~ b7
virtus ot s~id promissory note. ~nd this mortgags, e~ch and every. panptly on tbe daye respectively the a~ms
sevenfly beoome dne. -
2. To p~y ~1! and ~ingular the tue~. asses,ments. levies. Wb~7ities. obligations ~nd iacumbnnees of every
n~wrs ~nd kind now oa said descn'bsd peope~ty. and/or that bee~eaft~ m~y be impo~sd. snNared. plaoed. iwi~d
ar ~sse~sd t6ereupoe. and/or that hei~icer m~y be Isvid a~ as~s~sed upon thL moetgage ~ndlor tbe indsbteda~
~sennd hereby. e~ch aad every. whes dne u~d p~Yable aooordin~ to law. bstor+s tbsy beeome ddinqneot. and
b~ors any intereat ~ttaeher or ~ny peaak~ L incurred: and in so tar u a~ tlweeoi fs ot rsoo~+d t6s Nme ~lt be
prom~tip e~tLi'ied and diseharged ot reead and the oriaioal ottki~l doeumsnt ltneh u. for in~tano~. ths t~z
' no~ipt or t6e s~ti~faetion P~Per ofReialip endorsed or certified? ~hdl be pl~o~d in tbe 6ands o~ wid Mat~aee~
z wit6io t~a days ns:t aker payment: ud in t6s eveat that any thsreot b not ao paid. satLfisd and di~chareed.
~ a~id Mort~aaeu m~y at any time p~y the same or any part theeeof w[tba~t w~Ivins or aHeetins any aptioo.
~ ti~n. equih~ or right nnder or bp virtos of t1w mo~tasgs. and ths inl! amonnt ot e~cb and every suc6 qyment ~
br immedistefy dne and p~yabls and s6~11 be~r iatrre~t trom tbs date ther+eof nnti! paid at tbs nte of t~eo per
~ anwrn per annum and togstber ~ritb such interest s1u11 bs seeured by tbe liea of thi~ moetgage.
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3 3. To plau u~d ooR?tinuously ke~p on tM lwildinss naw ot be~eafter atuate on said W~d fire and wiad~tcrm
~ inauraaa in tbe usud staadard policy torm. in a sum mt M~s ilun ths ~moaat due hereon. ia suc6 oocop~ny
g or oomp~nies as may bs ~pproved b~r aid Mortsa~ ~nd aU weh ina~naoe policis~ oo any ot said baildinp. any
3 inte~e+t tbenin ar part tl?aeoi. in ths ag~gregate sum afares~id or in ~c~ thee+wf. - s6a11 oontafa t6~ uw~l
~ ~ndard m~ort~agre claw~ makina t~s IoM nader said polieie~. e~h and every. P~rabis to ,aid ~[ortga~ss a his
int~wt m~y appMr. ~nd each ~nd werr wu6 policy s6a11 be pe+ompt~r d~ifvresd W and held by Mid Moetpp~c
~nd. sot ba t6~n ten d~r~ Io ~dvanoe ot t!M ~iratioa ot e~h poiief. to driv~ to aid Nortppt • nrw~i
tb~erol. to~stl~ with a reaipt toe tlr pr+emium of ~ue6 r~oswal: and tben ~U b~ no ~ 6uoraae~ pl~ad
an anp ot said bulWlnp. any int~teit tl~ee~eia or put tbeeeof. unM~~ ia tb form ~nd wttb tM loM p~yabis u
atoe~e~aid: u,d ia cM evenc anr rnm ot moosy b~eom~s p~y.bts ~n,d~ wich pdky or poticiM ~nd wid MatsyM
a
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