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HomeMy WebLinkAbout0412 - - . ' . 6UILOING "C" 4~~2 l3 ~ THtS MORTOA(3B OS6D, m.a..~a e:KU~a c~. 3r=dy, Feb. ~ ~9 Gordon W. Simon and Thelma~ N. Simon, his wife of 5200 S. Tuc away ~ .T~- Greenfield, Wisc. 53321 hereinaker c~Ued tM MorR~agor. wl?ieA tuaa shaq includ~ t6~ beir~, kgal apns~ntatiw+. ~uoasson and asaiseu ot the uid Mortgag~or wheisver t1N tcnteat so requirea or admits. to TURTLE REEF ASSOCIATES,, 1NC.. P.O. Box a18.~Jena~ B~acl~, FL' 331S7 MreinaRer caU~d'tiw UlortgagM, whieh term ~haU tnclod~ tb~ ~uce~sso~a and asa~na ot tht ~aid Mottgsge~ ahectv~e th~ coatest w requins or adenits. • WITNES3ETN: Tbat tor deve~s good and wluabl~ con~jd~ratioaa, and al~o in eoAaidK~tba ot tM ag~e~t~ sum ' euraed in th~ p~omissor~? not~ of ~ even date Aerewnth haeiaafter described, tb~ pid Moetgs~or doa henD~r g*ant~ bargain. ~Il. ali~. remis~. rel+ass. oo~ysy ~nd eontirm unto the said Mortgage~, his 6eirs. woassoea and ~aaign~. all the a~taia pieee.... parcel.... or tnct... ot land. ot w?hieb tbe uid Moctgaaw b aow aeis~d aad po~sssed and iaactu~l poas~aaioA, sitwte in t~e County ot St. Lueie ~nd State o! gbrWa, d~aaib~d u bllOw~c 42 and 43 C-19 ~ ~ _ ~ Unit Weeks in Condominium consisting of : Apartment Number C-19 , and its undivided share of the connan ; elements of Turtle Reef Condominiums 1 as such is described in the amended . - ~ Master form Deed as recorded in O.R. Book 256, Page 235. • . . This is a purchase money mortgage. It b further agreed bet~roea the putiss to thi~ mortg~gs that, in additioa ~to t6~ terma and oond[ti~oas set ont herela, it a oonvsyasos ~hould b~ m~de by tAs Matgagor oi ths pcemiaa 6enin de~aib~d, or asqr pat~ thsreoi. witbout &st. obt~Wns both the ~tten coossnt oI the boid~ 2arent. ~nd an asa~ioa ot this ~Q obligstion. !n writiag. bY ths new? propossd ~irante~. the~+. ~d ia that wen~ at ths aptbn of tb~ 6older l~ereo~ wlthaut notiea all snms ot mon~r secnred hersby shall. immsdi~td7 aad oonaQrmtl~? ~rIth weh oonw~?ano~, beoom~ ~ dus aad p.ybb aad e.id Noc. ~u,d ~ortgags shall be in d.f.olc. • ~ Tn xwvB ANn 9ro xol.n cbe ..m~. cogrthat .dce .n .na .inguLr ch. temm~ats. ~essak.ment. .na .p p~ut~nan0es Lhers~nto bebnging or in sttpwl~s ~ppataiAitla and tbt ravession aod revastoaa. ~ind~ atd M aoaiaden. rents. isw~s and proGts the:eot and dso a11 ths estate. t[gs~ ttda iacerat. P~~Y. P~. eLim ~ad demend ~rlut~osver as weD ia law ~s in dqnity of ths said Matgagor in and to t6e sam~ aad evsry paet and c~ T o os Ps~ thereoi unW the said Mortgagee, ~nd Ais heits. tnecesaors u~d wigns, ia fe~ simpls. ~ N M; Md ssid Mortgagrx. tor hi~eU, and his heirs. lsga~ rePreseatatives. snooes~on aud assigas, hanby coavenants x ~ o~ wit6 sald Mort8a8e~. bis l~eirs. kgal repte~entative~. anecessors and assigas, that said Mat x ~ v ~eised ai ssid land in fee simpl~ that ths eaid Mortgagor hu tull wer aod laafd g°~ ~s tadete~u'bl~ Po right to oonvey the aaws in fee ~ ~ N~ simpb aa -afoseaaid; tlut it sbaU be laafW for said Mortgagee. hia heire. legai repr+essntatlvss. ~yocessora aad as~ at all times peaos~bly and quietty w enter upon. hoid. oeeupy ~nd eRjor ~a ~,d aAd, eve~1 W*t theseof: ~ = ~ ~ tbat ~aid lar~d is iree frwn ~ll incumbranoss: that said Mortgagor. l~ia heirs. legal sepreasntatives. tueoessat ~nd ~ - ~n T-' ~~p a~sig~s. w~1 make ~ncb tnrther assurenus to perfeet the iee ~impk tltle to s~d land ia ~aid Mrotgags~, y%-' n?J 6is beiss. kgat «p:e~eatatives. suooessors and assigns. u may rasooaWy 6~ required; and that sa.id Maetg~gor ' does bercb tuU warrant ttM title to said land and ' m Z Iawfut claims ot aII persons ~om+o~a. ~ thereof and wn~l defead th~ same against tb~ G - ; i+; ~ ~v ~ o~`-: ~ e It is nnderatood lhat eac~ of the ~?ocd+. "nots••~ ••matgagor•• and ••mo~tgage~„ ~espsctivvy and t}a E ~ z refening Wereto. whether in the eingular or plunt anywhe» in thie mo~tgage. shaU be singular it ons oab~and ~ ~ ~ o ~11 be phTral f ointly and ~everalt~?, if enore than ons. and sbaU bs mas¢uW~, feminins and/or ~oter. wMiever t6~ oontezt w imptias or ~dmits. ~ x A~ said Matgag~or tcr Wmself and his hars. 1e8a1 rsP*es~ntativs~. n~oosMOri aad usigns. Derebr oovenanb aad ~gie~s to ~nd with aafd Mortaa8ss. lsia legal reprewatative~. wooaao~s and assignx 1. To pay all ~nd singnlsr tbe principai and interest uid ths vuious and eundry sums oi a~onry parabL by virtus of ea;d promie~ory nota. and thi~ martgags. each and evary. pramptly on the dayi respectively tbe sam~ ~ severally bscome dus. 2. To pay all aad singWu the ta:es, eex~aments, levie~, L'abilitus. obligstions il~d ~tlNmb['~OC!! of wes~? aature and kind now on said dexribed property. and/or tlut l~ereaftRr may bs impoasd. wftered, placsd. levisd ~ o~r ae~essed thereupon, and/or that 6ereafter may be Ievlyd or aaseseed upon t~ia wortgage and/or tbe indebtednest ~ secvred henby. each and evsry. when due and payeble acoording to 1aw. befors they bsoome deliaqneni. and befors any iate~e~t aitaehes or ~ny penalty is incnrred: and iA so tar a~ aay thereot is oi reoord ths wme ~1uU b~ ' promptlr ~stiafied and d~~eharged ot recrnd and the original otficial docua~eat (sueb u, for iaatana~ tbs taz ~ reoeipt or the eati~iaction papet orr~ny endbr~ed or esrtified) ~hall bs pLced ia tl~s haads ot said l~IortS~B~ ~ within ten days ne:t aft~r payment: uid in ths event that any thrreof is not w paid. batistsd and disc~argsd, ; ~atd Mortgagee may ~t ~ny tims pay ths eame or ~ny part thsreoE witl~ovt waiving or aKset~ng. wY pptlon. 's A ~ lisu, eqnity or right nnder or by virtue of this mortgage. and the fu11 amount of eacb and eveqr eucb psyment ~6aD ~ 5 be immediatety due and payabls and ehall bear interest from the date thereof nntil paud ~t the rste ot ten pes ' ~ centurn per annum aad together writh sn.h interrst sh~ll bs secvred by the liea oi t!~ moKgage. t g ~ a. To ptsee ~nd continuouely ke~ep on the bu~dir~g~ now or he:eaftu situate on said land firo ~nd ~rindstorm F ~ inswance. in the uyud atsndard policy forrm, in • sum not k~s thaa tbs amount dns heroon. In iuch oocopany Q or compsnies ss msy be •pproved br said Mortgagse: and all ntch in~uraoos policiea ou a~y oi ~eW bw'ldingti anr ~ interest therein or part thereoi, ia the aggregate sum aioresstd or in ezces~ tl~~reof. afia11 eontajn tb~ uauai ~t~ndud mortg~ges dauss tnaking the bs.• under said policies. each and ewry. p~yable to said Mat~ag+e~ ~a h!~ iatec+sd may ~ppeu. and eub ~nd every such poliey e6a11 bs promptl~ del(wreed to and lrold br ~aid Moctga~ . ~nd. not le~s tdan ten d~yr in advance ot th~ s:plr~tkn ot weh policy. to dsL'wir to ~aid MQrt~r~ t ts~o~wd thereof. togetber with a»ceipt for the preinium of wcb renewal: ~ad tban ~hall b no ~uel~ iowreuiee pLcad ~ on ~ny ot said building~r, any iatsrs~t th~re;n or part th~rooi, uulesa ia t6s fmm ~nd wltb th~ toss qyr~bts u ' •torssald: and in th~ event ~ny ~unn ot a~on~y bccomsi payabis uadsr auch policp or policSu aud aaW ~Iort~agw ~ ~ ~ 6~~K ~J~~ FAGE 4~O , . . , _ _ _ _ ..._.a{~..,~:~