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HomeMy WebLinkAbout0431 e~ , ~ " ~ ° ~3 BUILDING "D" ~~~90 ~ ' ~ THIS MORTOAt3B DSED. m~ ~ad es~cut~d NN 3~ a~?n or ~~~r 19 78 ~ Doroth~? C. Thoma~s of 135 E. Brandy Lane, Merritt Island, Fl. 32952 bu.io.ttn e~q.a t~. Mces~or. .?hkh t~em .l~.u L~clua. ch. A.ir.. M~1 na««~ach?a.. .uoo...or. .na ..d~n. i~ ot tM ~aid Utat~~ wlw~~ tlw tont~st ao nqufew ar ~dmit~, w TURTLE RBSI~ A$80CIA'PES. INC., P.O. Ho= dls. J~a~ea HMCb, FL 9u51 Iwnioaha uU~d' tiM Yaet~a~, whkA t~em ~hall iachid~ tl~ ~uoceMOr~ and ud~n~ of t6s , s~id Moetp~ wh~nwe tM ooot~t ~o nquire~ or ~dmita. - p'Q WI7'NS33B1`H: '17~t tat d~v~rs eood aad v~lu~Db o~~ideratioo~. ud alw la oondder~tiQa ot tlr a~e~egate rum~ ~ van n~tmd in tM promiaoq? not~ ot ~van d~te herewitl~ h~einattK ds~cn'b~d. tb~ nid Mo~t~a~or doe~ Me~abr ~raoR b~rPin. s~ll. via~. ~aias. roMaM. aonvey uid ooatira4 unto the s~id ~lats~N, hb heirs. a~oo~on and a~. all tM aetain pi~a.... proel.... ar tract.... ot I~nd. ot whieA tbs aid Marta~oe L aow ~sis~d and ~ ; po~.r..d ~ud inaecwl poa.uino, sicwce jn ehe Couacy or sc. Lueie a~ st~ce oi Floeida. de.crtbe8 .s ialinw~ Unit Weeks 18 and 39 in Condominium Q 20 ! ~ cons i s ti ng of Apartment Number D 20 and i ts undi vi ded sha r~~ N« of the conmon elements of Turtle Reef Condominium I, as such is ~ v~~` ~ A ~ ~ C1 X ~ : described in the Master Form Oeed, recorded in Official Recorc~s ~~~-:L ~ r ~ A ~ ~ t 263, Page 2002. This is a purchase money rr~ortgage. } t ~ H V ~ j~ ~~[ift~Nf f~f!!d bltw!!11 f~1! pl1t~ fA t~ fb0~'f~gi~! f~lit. IR ~ILI00 t0 t~1! tEfins aifd COtldttiOOS !tt att derin. u a oonvsr~aoe tbould be msds by the Mort~a~ of tAe premi~ss 6arein dsseribed. or anY P~ " t h~ e~ w t. w i t 6 o nt ~ n t o b t a l n i n a b o t A t 6 s writtm conssat o t t 6 s h o i d ~ r b e r w f. w d an ass~tioo o t t h i s r' 01 ~L~1. ~ w[I~. ~ ~ O~w pfOpOMt~ ditll~lf. tblR. ~Ild ~D ~}li~ !Y~lD~. OpC100 O~ ~10~![ ZIEi'l~t. ~ ~ A ~ DO«G. ~ NIIOf O~ Q!D/Nr !![11fld blf~r ~I1Rlld1~LC~ ~ OOM11T1'!0~? ~[Cf1 ~I~Cb OODYd~~DOl, blOOR1! ~ dIN ~ ~ri~ ~ Na NO~ ~lld ~0l~~~ t~~ b! ~ ~ff~llit. . f t t TO HAVB AND TO HOLD t!w suas. tc~etl~ w[th all and an~ul~r the t~ta. 6eeedit~meats and ap i pm~t~t~eo~~ tAusanto bdonsina o~ in anywise .appe~talnina ~nd t6e raversion a~ erv~rsion~. ramainder and rs m~fodus. nst~. i~ aad pro8ta tlwreot aad al~o ~11 Lhe e~R~te. *ight~ titls. interest. ProP~h. p~. d~im ad r dwnd wl~taow~r u weU in law ~s in equitr of tbe nid b[atg~g~or in ad to We same and evary p~rt ud p~rai tbenof unto t6s sdd l~lortgagee. and his hars. s~ooes~ors aud ~as, in fee eimpM. - - And wid Mcrtaaaar. tor lum~elf. and his heirs. I~al ra~preNntativea. ~auoesaors and s~ns. Ae~eby aooveo~nta ~ with a~id ldortaagrs. bL beus, ls~ai e+Pre~eatatives. suceeao~ and . ass~s, tb~t aid Ma~tsaaor ~ is indefaas~'bly 4 ~d oi s~id l~ud 'm ~es simpi~ that t6~ s~id Mort~or I~s tnD pawer and 4~rtW ei~bt to oonver t,Ls rame in fee ( simpls a~ atoe+~e~aid: tbat it shaq be I~wtul tae aid MortRaaee, Ws heira. l~al *eP~'s~eatatiw~. w~oeessors ~nd a~signs. # at alt tim~s PwoMblY ~nd quietly to eatr np~. hold. ooeuPl' and eejor iaid land and e~ part ti~eof: ~ ch.c ..~a hna i~ tr... trom .n incvmbr.nos:: cb.c ..~a btores.~oe. hi. b.ir.. ~es.t reRe.enac~ve.. .~ooe~o~. .na a~n~, wn! m~ ac6 tmrtber awuranos~ to perfect t6s fee dmpi~ tit,M to saW Itnd in nld Mrot6agee, bb l~ir~. 1~1 np'swntatives. s~ocas~oTS ~ud u~isas, as aa~y rauootbi~ b~ reqnired: u~d t6~t said Mortasgor doe~ l~eerby tnllr wurant tbs title to s~id l~nd ~nd every p~rt tbereot and w~l defead the s~me against tl~e ! lawful eWms ot ~ petaozu whomso~ver. ~ ~ ~ it iu understood tbat e~ch oi tbe words. ••note•.. ••enortgagor•. and ••mort~aaee•. ro~peetively ~nd tM pro~ouns ; ~ raf~ting tbereto. whet~her in the singular or plunl anywl~era in this asortga~e. stuU be singulu it ons oal~ and ~ sball bs Plnral joint~? and sevsraUy. it more than ona. and s6all be ea~aailiue~. fsminins and/or nwter. w6erevar ~ ' tLs oonbst ao impt~s or admia. ~ ~ ~ Md nid Ma~tsa~oe for him~slf and hi~ bsirs. is~al reW+s~st'tative~. w~ca~o~~ and uN~u. herebr omronants ~nd asr~ W and wits aid Mortsa~ee. his kg~l repre~eatatives. suoosseors ~nd awaeu: 1. To p~y aU and singular the principd and iatare~t and the vaeious atd sundry sums of nwne~ p~ya6is by virtu~ ot wid promii~ory note. aad thia mortgsge, each ~nd every. p~+~aptlr oa t6e days respectively t6s ~ams ~ sevenllr beoome dne. _ Z. To p~y ~II and singulu the t~e~. as~ssmeets. ievies. litb~7ities. obl~tions u~d inenmbranoes of evacp ~ nawro and Ici~nd oow on said desrn'bsd pe+opercy. and/or ch.t hereatce~ m.y bs impo.ed. ~H~ed. pl.ced. ievied or ~ssMMd t6er+enpon. ~nd/or t6~t hareafter may be levied ar as~ewed upon this n~ortgaas andlor the indsbtedness ~ ~e~vrad bee~eby. e~ch ~ad every. wb~o dne ~nd p~yabM aooordins to law, before tUep beoon+s d~dinques~t, end bslors ~r ioters~t ~ttaebe~ o~ anr Pewlty ir incurred: and in so fu u any theeeot is of e~ecord the same s6a11 be pncmptly wti~fied and disc6arged o! reoord and the origind otfkia! docament (mch u. for inatanoe. tbe taz r~airt or tbe atisf~etioo paper offieiall~ endorsed or osrtifisdl sl~D be pl~oed in tl~e hands of said Mat~aBee ~ .~fchin t«~ day. nesc atcet p.ymenc: .na ia cbe evens chac .nr chs~.ot is noc w paid. ..cisrea .nd di~charg+ea. - aid l?~to~tpaes may ~t aey time p~y tLs s~me or ~ny p~rt, tbee+sof wit~hont w~fvins or aHeeting anp optio~. e We, equity or rigAt unde~ or b~? virtue ot this mortgaga, and t6a tull amo~nt of e~eh ~nd every sueb p~ynoeat sh~ll ~ b~ im~dl~tely due ~nd p~yabls and shall bear intere~t trom t6e date t~hee+eot nntil paid at the rate of ten per - ; osnwra per annum ~nd to~etbK w~itb auch iutera~t ~haU be setured by tbe lie~ of t6i~ mortg~ae- ~ ~ ; 3. To plaa and ooettinuauty ke~p on the bniWing~ now ar ber~eaEt~ sitwte oo said land fira and windato~n € in~uranos in tbe nwul ~rd policy tarm, ia • a~m not lep than tlr ama~nt due h~eon. in such oompany s o~ oomp~nis~ u mar bs app~oved br iaid Nartgages: and dl a~eh inwuanos po~ets~ on any ot said buildings, any , ioterwt t6enIn or put th~not. in tbe aggreg~te sum aEors~aid or in sxasa thereo(. sbaU oont~in tbe u~wl ~tandard mortaa~ee claws mdcins ths loe~ uadar said pdicis~. e~c6 and every. p~Yable W xid Matgagee as his b~t~e+rt m~r appMr. and we6 ~nd ~ve~ry suc6 policy s6all bs prom~ttq ddivared w ~ad beid br ~aid Martgagre: ~ ud. not ker th~n teo da~n ia advanoe of tl~e e~ptrati~n ot ench polk~r. to dslfwr to ~ald Yoeip~ • rae~wa! ' tMero% to~etb~ wit6 ~ r~aipt tor tbe pe+~minm ot sue6 r+n~wal: ~nd tlwes ~ba0 b~ no snc6 inwnncs plre~ ao a~? ot ~aid buildia~s, any int~t l6et+ein or pa't t6eeeof. uai~a in tb~ fotm ud wlt6 tM ioq p~Y~bk ae dorwid: and ie the ewat anr a~m ot moosy beoomes p~y~ble ande~ wch poBcy or potieiN and s~d Mortga~c+e ~ ~ ~ ~ ~ ~~~~K 312 ~A~E 429 ~ . , _ _ - - ~ _ . _ -