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Home My WebLink About0376 , _ _ _ . . _ . _ _ ;-t . _ _ . _ - 1~ ~ ' BUILDING "D" ,~~s~ ~ ?8 ` r THI8 MORT(iA(iB DEED. a~d~ ~nd es~cuted t!u ~~r,hday ot ~C. ; Howard L. Rose and Virginia D. Rose, his Nife of 111~ S. Magnolia Or., Indlalantic, FL.` 32903 ; l~.tc~r e~1Ma cb. Moresa~oe. ~ekh ce~n .h.u iaclude ch. heir.. 4g.t repesenative.. .uooa.on .na ot tb~ ~tid 111ortp~x wherw~t th~ conte:t so roquire~ or ~daaits, ~ ~ to TURTLE REEF A330CIATE3, INC.. P.O. Bos 818, Jense~ es~ch. FL 33157 6~io~hr u1Md' ths Matga6ee. which term shail include th~ suooessors and t s~id Mortae~w whsrewe tM cont~t so re~quiro~ or admita. ~ oi tss ~ WI1`N889ETN:'i'bat (or deven good and valuabk consideratioa~, and alao in caasidaratiqn ot ths agare~te sum ~ n~msd is th~ promi~sory oote of even datr herewith Mreioafter deecribed. tbs a~id MorLaagor does h~nby iraaR barsaia. ~11. aii~o. retniie. releass. oonvey ~nd confirm unto the said Matg~ges, his hdrs. wcaes~on and ? aMitns. all tA~ cKtain pi~ce.... ptrcel.... or traet.... of t~nd. ot which tl~e sdd INortg~~ i~ taw Niied at~d : poa~sd ~nd it~aetuai po~session, sitwts in the County et 3t. Lucie and 3tete of Fio~id~, d~ar~bsd as idlow~ . ~ ~ . Unit Weeks 37 and ~ in Condominium D-20 ~ consisti ng of Apartment Number D_2Q and i ts undi vi ded share ~ o~'" N . A ~ . of the .comcnon elements of Turtle Reef Condominium I, as such is - ~ ~ ~ q ~ described in the Master Form Deed, recorded in Official Records Boolc ` ~ ~ T f~ G A y : 263, Page 2002. This is a purchase money mortgage. y o~ } It is tnrther asreed between the parties to this mortgage that. in addition to the terms and eonditions sat ~ ;'-~i ont A~tvio. it • ooeveyanoe shouid be m~de by the Mortgagor of the pre~nises herein descn'bed, or any p~rt a~ y„~ t~eof. without tirst obt~iaing both the writees coasent of tbe ho1d~ f~ereof. and an assumptioc ot this v~? obli~atioa. in writ~iag. by L6e aew proposed Gnat~ee, then, and in that w~t, at the option of t6e hoidee hereof, ~r y~ w[tbatt ootks, all wn~s of awaep ~ecured hereby shall. Immed'utely aed ooneurrentty ~rit~ soch oonveyanoe. beoome y dw and p~yabi~ ~nd sdd Note and Mort~ags sh~ll be in def~ult. • TO HAVB AND TO HOLD the suae, together writh all aed singul~r the teaemeats, hereditaments aad ap pnrtw~toas t6sreuato bebnging or in anywise appertsining and the reveraion aad reveraions. rea~ainder ~nd rs m~iodar. r~nN. isw~ aad pro8ta thee+eof end alio aU the eatate. riB!?t. titl~. iaterrst. P~~Y. P~. ~d des~ad w6atsosver as wel! in law as in equity oi the uid Mortgagor in and to the aame utd every p~rt and p~reei tbeeeof uato tM s~id Mortgegee. end hia heir~. ~ucceasars a~ ~asig~u. in fee simpk. Md nid Mortga~or. for Aimrdt. wd hi~ heira. kgal repressnt~tives, eucce~eors and assigas, hereby eonvenant~ wlt6 njd Mortgages, 6is l~ein. kgd repraentauves. auccaasore and assigns, that s~id Mottgagor is indefeasibly •eised of aid land ia fee simpk: that tM ssid Mortgegor has fuU power and lawful right to oonveq the aame ia fee ompie aa Joresaid: that it ahall be lawful for s~id Mortg~gee. his heir~, leg~l reprasntatives. suaessora and asa~s, at d) tia~ss peaee~Wy and quietly to enter upon. bold. oceupy and mjoy s~id land a~ every p~rt tMnsnf: tAat Mid land is iree irom aU incumbnnces: that s~id Mortgagor, hie hass, legal ropresentatives, sueoesson ud uaianr, w71 enake nuh further ~asunuoee to pertect the fee simpk title to •eaid W~d in said Mrotgagrio. his h~irs, isgd represanqtives. autee~aore and aasigns. as may re~sonably bs reguired: and that said Mactgagor does heteby (ully wamnt the title to said Isnd tnd evcry part thereof and w~71 defead the s~me against t!~ I~w(u1 c4irns of all per~ons whomsoever. ~E It is underscood that c~ch of the ~vord~. "note", ..mart ' and "mott ' rvd ~nd t6e f ref thereW, whether in the ~in isr or lural an here~ this mort g~ ~t y ~ ~*~8 B~ P Y~ K~Be• shall be singulu if one only and shall bs phud jantly and severally, it more than one, and shall be rn~scutine, feminine and/~ aeuter, whsever 6 the ooefezt eo implies c~ admits. Md raid INortaagor for himsett and hia heirs. kgai represenutives. eueeeswrs ~nd aesign~. l~enby c,ovenanb at~d ! aar+ws to and witA said Moe~tg~gee. hia kgal representativea. auccessors aed ~esigns: 1. To p~y all and eingular the principal ~nd intere~t and the various end aundry eu:ns ot money pey~bM by victue of s~id promiasory note. and thia mortgage, each and every, promptly on the days respectivdy the ssme severally become due. 2. To p~y all ~rtd aingular the tues, asaeaements, levies, liabilities, obligations and incumbranoes of every ~ ~ut~re ~nd kind aow on raid described propertY• andlor th~t hereafter may be impo~ed. snftered, placed, levied at assea~sd thereupon. ~nd/or that Aere~fter may be kvied or asseaeed upon this mortgage usdfor the indsbtedness ss~vrad hereby, e~ch .and every, wrhen due ~nd payebk according W l~w, before t6ey Deoome delinqua~t, snd bsloes any interest ~ttachee or any penalty is iocurred: and in so tar as any thereof is oi recard tbe sams sh~ll be ~ promptly wtisf~ed and disc6arged ot record and the original officia! docu~aent lauch as. f~ inetanos, the ta~~ ; r~o~ipt o~ the satistaction p~ptr oftxiaUy endorsed or certifiedl shsll. be plaeed in the handa of eaid Matgagee ~ withfa tea day~ ne:t after p~yaxnt; and in tl~e event chat ~ny thereof is not so paid. eatisfied and diseLarged, aid Mortg~geer may at any tim~ p~y the same or any pert thereof ~vitho~t waiving or affecting any option. lieu. equity or right u~ or by virtue of this mortgage, snd the tull am~wint of each and every such payma~t ahall b~ immedi~tely due and p~yab4 and elull bear intereat .trom t!u date thereof until paid ~t the nt~e of ten par ~ osapvn per ~nnum and sogether with sucb intereat ahall be secured by the Gen ot this mortgage. ~ a 3. To p4os and oontiauously keap on the buildings now or hereafter aituate on eaid land Cire and wrindstorm ~ inwranos in t6e usual standard poticy torm, in a eum not kss thap the amonnt due hereon, in such oo~?sny q or oompaniss ~s may be ap~oved by said Mortgaaee: and ~Il such• insurance pol3aes on any of aaid Miildings, any . iwtenat tberein or p~rt thereot, in tl~e sggregate aum afonsaid or in e:oess thereof, shaU oontain tbe un~al dand~rd mortgaaee clau~e narking the los~ under said policies. uch snd every. PeYabk to said Mortg~g~es as 6L int~ewt m~y apps~r. and e~eh and every euch poliey ~hall be prompdy ddiver+ed to and 6eW by sdd btatga~ ~ and. not k~s th~a ten daya in advanoe ot the e:piration of e~ch policy. W deliv~ to ~aid Matg~es a ~o~wd ~ th~eot, toget6er with a reosipt tor tl~e premium ot such renewal: and thee~e shaU be no such inwt°ana pbad f ~ ao u~y of said buildiagr. ~ny iaterest therein or part thereot. unleas in tbs torm and with th~ loss p~yahis ~s ' • aloreNid: and in tht evsnt ~ny snm ot money becomes pay~ble ucder such policy or policies and said Mortgags~ r . ~ #i, R ~q ' . . BQL~( ti1J.~? ' - - - , , `v::~ . - _ _.r:~~K.. . _ - - - - - .