HomeMy WebLinkAbout0340 _ _ . , -
~
BUILDING "D" 4'~~Jra3 tb ~
- • THIS MORTOA(iS OSSD. end~ ~ad uawud tM ~.L~e~LdUr ot I~OV. ~ 1~ ~8
Sam Rhodes Construction. Inc. of P.O. Box 824, Jensen Beach, FL. 33457.
6win~lt~r e~ll.d cb~ I~tortsa~or. whicb t~m ~en lne~ud~ tM A.i~s. Iesa1 r.pw~aattv.w' a~owors .nd ~
a~ !M ~aid Morts~ wMe+~v~ tM conttst ~o rpuiew a~ admita.
to TUBTL6 R8E1? A890CIA'P$8. INC., P.O. Hos ald, J~os~a BMCb. FL 39~57
b~r~hr eaUd'.eM Mata~. whkh t~m shaU indu~le tM a~oa~on and aai~ns ot tb~
Mid Mata~ wMnwr tM oontast so requin~ ar ~dmita.
~
WITNE3SBTH: 77Nt tor dw~n ~ood aad wiwbls ooosid~~tioas. aod abo ia ooo~idec~ti4o ot tb~ ag~esatR smm ~
e~m~d ia Wi pwmiawrr aot~ ot rwa drte here~rith 6~erin~ft~u dwcn'bed. ths sdd Mat~~oe dos~ Iwwbp ' 1
~R b~rpin. ~eU. ~1i~a. e~emiN. rele~~a aoavey ~ed oo~firm unto tbe s~id Muet~a~. hL heirs. suocwors ~nd
~ a~ di tM artalo pi~os.... pa~al.... ~ ar tract.... ot 1at~d. ot w61di tbs ~aid Mat~~ b aow ~i~d and
po~d ~nd inaetw! po~s~uion. situate iu the County ot 3t. I.~cie ~nd 3tate ot Flo~id~. drerib~d u folbwK
Unit Weeks 2~~ 21 and 22+ 23 in Condominium D-25
~ a~
~ ~ consisting of Apartment Number D-25 and its undivided share
O y
of the common ~lements of Turtle Reef Condominium I, as such is ~~^~-Nt,.
- o
described in the Master Form Deed, recorded in Official Records Book
~°;;~z-
263, Page 2002. This is a purchase money mortgage. . ~~;_.m „
~ 3 [ ~ A ~
"y a'f
N b
It ii t~rtl~ ~reed betwesn the parties to this mortgage tba~ ia additiou to t6e terms and aonditioas set ~
ont 6ereia. if a o~vsyaaoe ~6ouW be m~de by ths Mortsagor ot t1~e premisss heroia described. or aay pert
thu~wt without &st obt~Wng botb- ths ~rritten couseot ot tl~s bold~r 6e~eot. ud an aawmiptioo oi this -
oWi~tbo. in wekins. bl? t~ nrw pe+opo~sd Gr~ntea tbea. and in tbat e~vmt, at tbs optan ot t6s boWer bereot, r~~
witbout notiee. all wins ot monq sscu~sed herebr slsvl. immediacely ~nd oonenrreatly wdth ax6 oonveyanos, bsooase
dw aod payabb and a~id Note and Mort~ag~e shaU be io defauit. •
'PO HAVE AND TO HOLD t6e a~ma Weather with all and sin~il~r tM teosments. hereditameaa ~nd a~
pnrt~oanee~ t~e+wmto bdooaina or ie ~nywise appectainie~ and t6e roversioo aad rove~on~. re~mainder and r+s
a~s~nd~rs. r~nta. bw~e~ aad proHts tliereof ~nd also all tbe ~te. *i~h~ title. wterest. P~~Y. P~. cWtn and
d~nd wlut~ower as well ia law as in equity of the ~aid Moetgagor in and to the sams and rvecy part and
p~rai thasuf nato tM said b[ortgagee. and his 6eirs. sue~ssors and assigas, in ke simpk.
And ~aid Ir[crtaa~. for himself. and his heirs. k~l npew~ntatives. wcosssors tod wisas, bereby oonvao~nq
witb sdd Mott~aass. his lbira. k~al rsPsa~?tative~. suoo~aors and as~s tb~t wd Moctg~ b n~defa~a'bhr
~d ot aid Wd in tes simpl~ tiwt the s~id Mort6~aor hu t~nll po~wer ~d l~wfnl risht W oo~wy the a~me in tee
dmpb n~foe~es~id: t6at it sball be lawfal for nid Mortaagee. his bdrs. Mg~l reperseatatiw~. ~oeosasors and ~aagns,
at dt Wiw P~~a7 ~ 9uiat17 to eater apon. 5o1d. oavpp aad eajoy s~id Wid and every p~rt ti~eceoi:
; tbat ~tid laad ia has trom dl inwmbnnos~ that ~aid Mortga~x. hii beirs. kgal r~t+tive~. wooesson and
as~ns. w[U mait~ aich tmtlrer assnranoss to pertect tM fee da~pis tit{a W s~id land 'w nid l+te~ot~agee.
; 6i~ A~irs. 1~1 repe's~entatives. s~ors and assi~n~. as mar reuoo~bl~ bs reqnired; and t6at said Moetsag~or
~ - does hereby tn117 warraat tbe title to s~id laad and evrry part t~ereot ud .in"!1 defend th~ same ag~iost t6s
l~wful e{aim~ of all per~o,~t wbomsosver.
Ic is uuderscood cLac e.eh ot ehe w~ords. ~~not~.. .•ma~tgagar•. ~nd ••matgages•. ~pecitvelr and c~s p~aoouns
~ reterring tbereto. wbetser iw the ~in~ular or plunl anywhe:e in this mortgags, shaU be singular if ooe oaty ud
; ahall be Plnral jdndY and' sever~lly. it mae than ons. aad shall bs m~awlina. teminine andlor neuter. wAeraver
~ tb~ eantut ~o iaiplia or admits.
Md Mid Mact~o~ for himselt ~nd his heirs. lssal rspre~entative~. ~ooeee~on and at~ns, l~teby ooveaant~ ~nd
~er W and idth ni~i Mortgaqee. his 1ega1 npre~eritatives. snooesson and ~~sian~:
1. 'Co pay aII ~nd singular the prinapd and interast ard t6e vuioas u~d snndry sums o! ~nonep PsY~bie bY
v~tus ot stid promissory note. and this mottga~e. eac6 end avery. promptly en tbe daye rerpectivaly the s~ms
y severally beoome dw.
To p~y all u~d eingulu the t~es. asieasmenta. levies. liabilitisa oblig~ti~ns and iucvmbranoes of erarr
o.wre a„d Iciud no.. on aa;d dexribed prope:ty. andlor ch.c here.iter m.y be impo..d. wHered. p~.eed. tsvisd
ar as~eaMd thereupon. and/or th~t her+e~iter may be levied or ~s~sed apoe ttis mo:tgags aadlo~r the indebtedae~s
~eeurd herebr. e~ch tnd every. wsen dus ~nd p~y~bb aooordina W law, befae they beoaae delinqusak and
betors wy iatereat ~ttadie~ or any PenaltY is incvrred: aad ia so fu u any t~ereot is of r~ecord the ~aao~ shdl be
prompth? wtiafied ~nd diactur~ed of reeord and the ori~.nal ottici~! documsut Isucb as. for instanoe. ths taz
»aipt or the satist~etion p~par oKidati~ endorsed or eertifiedl al~aU be pl~oed in tbe lunds ot nid Mortsages
~ wdthia t~o dar~ as:t after paymea~ and ia t6e event tlut any t6e~eot is not w paid, satisfisd ~nd disclyr~d,
~ .dd ~[oresage. m.r ac .ny clme p.y che s.me or any p~rc c6eraot ..itbouc ...ivma or aH«tins ~r
ti~o. puity or rigbt und~ or by virtue ot this mortgaga and ths inll amount ot e~c6 and svery sncb p~rmeat s6d1
b~ immsdittely due and p~yabM and ~hall be~r iatersst from t6e d~te ti~eot nntil psid at tbe rate of tee pR ~
oenwrn par annum and to~thsr with such intere~t ~hall be secured bp tbe lisn ot this matgaae.
~ 9. To {tl~ee aad oontinuously kesp oa tM buildings no~v or 6ere~ft~ aiWat~ on s~id land fire and wind~torm
~ ionuanos in the uaal siandard potiey torm. in • au~ not isn t6aa tbs amouat dne he~son. in such oompanY
ar ootnpaaiN u m~y bs approved by njd Mortsaas~ sad dl axh iasivance polkia on ~ny ot e~id b~iidinp„ my .
int~ewt tberein or part tAe~reof. in ths ag~regate sum atorwid a ia ~oess thereof, shall oontain ths uw~al
~4ad~rd mortgaa+es ebuse making ths lose undet s~id policie~. e~6 aad eveq. P~y~ble W s~id Mortga~es u hi~
inbrwt m~y appwr. ~nd wch and every sne6 poljey s6~11 be proa~pNy ddivered W and 6dd br nid l~[aet~~
wd. eot iMS th~n t~a day~ in ~dvanos of th~ ~~piratioe o! a~eh pole~. W ddiv~ W nid ltortsa~ • ne~wd
th~e+wl. to~atMr with • reaipt t~ tbs peamium ot rnt.b renewd: ~nd tMrs ~h~D b~ no eueh L4snrana pl~ad
on ot s~Id bnUdinp. ~nr iate~vst tberein or p~rt tbsreof. ndsM lo t6~ taem and with tM loss p~yade a~s
Jo~id: aad in th~ event aar wm ot mouer beoomea p~yabis nnder wuh pol~r or policis~ and ~aid Matgags~
, .
~ u k 12 ~a~. ~8 -
3~~K 3
y = _ ~