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RUILpING "C" ~~s
• , 450486
. THIS MORTOAGE DEED. mads srtd executad th~ 24thday ot ~Ct• l~ 78
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Paul R. Rufo and JoAnn Rufo, his wife and Oavid J. Rufo and Pamela A. Rufo, h1s wif
. e,?
of 312 S. Harbor Ci~ Blvd., Melbourne, Fl. 32901
he~eins(te~ caped ths 1?tortgegor. aAich tsrm ~As11 inctud• tbe heir~, kgd t~presentativea. sucoh~ors and usi~u
of the said Mortg~gor wAKSVer the con:ext so requ'u~ea or ~dcaits. _
to TURTLE RBEF ASSOCIATES, INC.. P.O. Box 618. Jertaen Beach. FL 33~IS7
heroinaiter caU~d' tM I?tortgagea, which term shsll Includs ths ~ucces~on aod asaigna oi tM
said I?lortRaget ~rAerevK tbe conie:t so requi~sa or admit~.
WITYESSETN: That tor devera good and wiuable con~ideratioaa, and abo tn oon~ide~atbo ot tl?~ asgn~t~ sum
eamed in the pro~ni~aory note ot even dats here~th hereinafter dexribc~, t!w said bioetaaeor doq l~nb~r
g~ant. bargain. ~se11. a4en. retrtix, releaae. convey ~r~d tonfisrn unto the said Mottgage~~ l~ia bsirs„ piooesso~s aa~
asaigra. aU the certain piece.... parcel.... or tracK.... ot land, oi xrtich tbe utd Matg~gor ia oow iei:ea ~nd
poaxsxd and iaactu~l posxaeion, situste in the Couoty of St. Lucie and State ot Florid~. described u tdbwac
Unit Weeks 28 in Condominium C-14 consisting of
Apartment Nurt~ber C-14 '
, and its undivided share of the comnon
; 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. ~
r ~ This is a purchase money mortgage.
t
• It is turtber agreed betaeen tha partiss to thia mortgage the~ in eddition so the terms aai eonditions set
out herein. if a ccnvsyanee slwuld bs made by tLs Mortgagor ot ths premi~se herein dexdbed. or aqp par~
thereof. wittwut 8tst obt~ining both the ~rrlttea tonstat oi the 6older Aeraot, aad an ass~mption oi tWs
obligatioo. in writtng. by ths ae~r propossd Grancea t6en. ~nd in that evea~ ~t the optIon oi tb~ Aolda beeeo~
witl~ouc noctce. aA mms oi a~one~? sacared hereby s1~. immeducety and oo~cvrre~cly wtW sueb aonvsyance. beoom~
due aad payabL ~nd said Nots and Mortgagr shdi bs ia defad~
~ TO HAYE AND TO HOLD ths ~ame~, tog~ethar with aII sad singuLr the tenements, ~»dii~mants pd
purtenancss thaannto bebnging or In anywi~s appertaining and the revemon and tevasions, remaindar ~nd re.
~ maiaders. renta. i~es and pm5ts thereot a~ also aU ths eatate. dght. tit1a. [ntereat. PropertY. Po~x~oe~. elaim and
p demand ~rbatsoever as we1! in laa aa in equity of the uid Mortgagix in and tu tbe ~ame and evary part aad
pareel thereof unto ths said MortgaAee, and his heirs. successas ~ad a~ign~. ia fee simpk. _
Md said Mortgag~or. for himself. and his betrs, legd repneantativea, auccessora snd assigns. heiebr coavenancs
with said Mortgagee. 6fs heirs, legd reprexntative~. snceeseon and assig~s„ tLat said Moctgago~ is indeEe~aibly
seiud ot said land in fes aimple; thnt the aiid Mortgagor has full power and Iswitil right to convep the same in fee
~ e v~s simple a~ atore~aid: ihat it shell be lawiul for esid Mortgag+ee. !us heirs. kgal repiraentatives. suaessors aad assigna.
c' c m~ at all times peaee~bly aad quiedy to eater upon. hold. oceupy and enjoy aaid Lnd aad every part thaceof:
x 4' o~ that said land is fne trom all incumbrances: that said Mortgagor. hia heirs, legal repre~entativa. wcoes~ors and
~ ~ o assign~. w~l make snch fnrther assuraaees to pe~tect ths fee ~impk title to said land in said Mrot6~8~*.
_ N dis heirs. kgal represeatatives. auccessofa and aaaigns, as may seaaooably bs requind; and that said 'Mortgager
~ does Aereby fullp warrant t6e title to satd land aad every part thereof and wnll defend ths same againat tbe
I ~ 1ww~ful claims ot dl psrsoas whomwever.
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~ N~-, ; O ~t is understood t6at each oi t6e .rocd~. '"note". "mo~t8~8aT ' and °mort6a6'~~~ ~P~~aY W'~+~a+
refetring thereto. whetDer in the ainguler o~ plural anywhere in thia mortgage. ihall be sin
' r' ~ha1l be plural JOi~itly tnd 0!vltaUy. iI . mof'e L1u~II Ons. aDd ~hal~ bs tuseCUlinq, fEmttfulA ~ Owtal. wbereve!
~=y.•~Z
~ .o tbe cantest w implies or ~dmits.
Q`~+ ~
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~ ~ Aad ~aid Mortgag~or for 6im~elf end his hein. iegal rePro~sAt+tive.. suooes.o~s aad a,sigbs. be~~bp oovenanta and
~ T agrees to ~nd wiW s~Id Mo:tgages, hi~ legal repeeisntative~. sutcessors aad assignx .
~ ~ o
l. To psy all ~ad singular the principal u~d intere~t and ths vuious and anndrp sum~ of moaey peyablt bp
~ promiseo aote, and this mort ~ '
~ ~ virtue oi eaid ry gags. each and every. promptly on the days teapeetivdy the sam~
~ w severally become due.
2. To psy aU aad aing~iler the t~es, aasessments, levies, liabi7ities, obligations ~r~d incumbrancw ot every
nature and kind taw oa aaid de~cribes! property. and/or that hereatter ~nay bs impoxd~ suftered. plaud~ Iev~ed
or as~esaed thereupon. and/or thet hereafter may be levi~d or as~e~sed upon this mortgage ~nd/or tbe indebt~dness
secured hereby. each a~ every. when due and payeble acrnrding W 1ew. before they beooms ddinqueu~ ae~d
~ before ~ny interast att~ches ot •ny penalty te L~curred: and in so tar ~s anr thereof ia of reoord t6s sams shs11 be '
promptly sati~Csd and dixhargr.d of record end the original o[5cid docvment Isuch as, !or
~ receipt or the satisfaction paper ofCkially endoraed or esrti6ed! ~hall bs pLeed in the hand~ ot said Mortgagee
~ witbin ten dsy~ nest after p~y~nent: wd in the event that any thrrsot is not so paid. satisfied and dixlurged,
~ said Mortgages msy at ~ny tims psy the ~ams or any part thereof witlant wraiving or aKeetie~, any optioa.
~ lien. equity or tight under or by virtue of tIw mortgage, afid the tull amonnt oi each and every eutb payenent shat!
~ bs immediitely dus ~ad payable end ehall besr intere+t Ecom ths date tha~eot anW paid at ths r~te ot tai pes
€ centurn per snnum and togrther with aoch inter~t eh~ll be eecured by the lien ~C this mortg~ge.
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f 3. To plsce ~nd oontinuouely keep on tbe M~ildinga now or hereafter ~itwte on seid lsnd fire and Rrindstorm
~ insurance In the nawd standard policy torra, in a sum not 1eaa~ thaA ths urwunt dus hereon. ia wcb company
or eompsnies ~s map be ~pproved by said Mortga~eec as?d ~ll ~uc~ Ia~uranos poGcin on .nr ot ba~,g., .Ar
interest therein or part thereot, in the aggregate sum etore~aid ot in e:cbsa thereof. ahall ooatain tM uwal
atandud mortgages clauae rrulcing the bs• under s~id policks. uch and every. payabk to wtd Moctgag~ aa lds
tat~tsst may appear. aod each and every e~ch poGty ~bal! be pro~nptly deL'ver+ed to and hald bp said biat~a~ •
and, not Isse than tea dayi tn advance ot th~. e:pir~tlon ot eseh poUry, to delivrs t~o ~aid Hatp~ • tse~~l
thereof, together with ~ seceipt for thR premiuw ot ~uch teosw~l: aod thas ahdl bs uo wob iosprana pLad
on ~ny o( s.id bu~dings. ~ay interest tb~rein or part t6~reof. udes~ in tb~ tonu and wttb tM bas Dayabls a~ '
a(orssaid; end in ths eveot •ar sum of mansy becomss payabls uader ~uch potlcr or polictea and ~aid ~iort~sgN
` s~R~ 3~2 Pa~ 4i9
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