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HomeMy WebLinkAbout0441 , . 450494 ~ 3 . BUILOING "D" THIB NOItT(iAtiS O$EO, m.a..na e:.~+,c.a cb. 8th ot February A 19 79 br Mary M. Maclntyre, M. D. and Vera Catherwood of 438 Mountaln BroN Blvd., Haaii 1 ton, Ontario, Canada~ L8T1A7 IN.~.in.k.e aq.a ch. lrloet~. ..hieh c.em .Uau tnelud. cb. Aeir.. M~1 npn..4ach?e.. a~co...o~. .aa .~0. . ot tM ~sid M~ wMnvK tM contast ~o nquire~ or ~dmit~s. to TUATLE REBF A890CIA'PE.g. 1NC.. P.O. Bw~ Ala. J~n~n Bweb. FL ~9~b7 h~ninatt~ albd' tl~ Matsase~. which t~nn shaU iuciud~ tl~e wccas~ois and aMi~ ot t~ saW litata~ wh~wr tM ooat~t so ~equin~ o? ~dmits. W17'NSSSSTH: Tl~at for dwers ~ood and valwble oonade~atioos. ~ad also in oo~Ndsntipe ot ths ~te w~m u~md tn tM promi~r note of avea d~te herewitl? hersjnafter dheribed. t!a aW Mataa~ dw~ b~aby ~ ir~n~ b~r~aia. ~ll. aliea e+~nwe. releaM. oonvey and ooniirm wito cl~e said Mo~ts~gw. 6b hetrs. ~uc~ors ~nd ~t~ a~e~. ~Il tM ~wtaia pi~os.... paroeL... ar tract.... ot 4nd. ot which the asid Moet;~ b oo~w iei~ed and . ~ poaMNd ~ in~etwl poasasion. ~itwte in the County ot 3t. Lucie and 3tate ot Florid~. dMeribed a fdbw~ Unit Weeks 3 and 4 in Condominium D 19 ~ consisting of Apdrtment Number D 19 and its undivided share ~ of the comnon elements of Turtle Reef Condominium I, as such is ~ o;~ described in the Master Form Deed, recorded in Official Records Book r~~~ . ~i 7q ~ ~ ~ , ~ 70 ~ G~ ~ . 263, Page 2002. Tfiis is a purchase money mortgage. c b;m : ~ . ~ A rw It b inrtAer a~reed bKween the parties w this mortgage that, ia addition to the tenos ard cooditions sst o~`: ont 6wsin. U a couwyanoe slwuW be m~de by the Mortgag~or of the preinisss hsreia described, a~ aqy p~et : y ~ t1~+wl without Snt obtaining both the writtea conieaL Ot t6s bold~ heeeof. and au ~s~umptioo ot thi~ " oWiptioo, in writins. M t~e new pr~cpo~ed Grantes. then. ~nd in thtt eveet, at tbe option ot tbs 6oicler he~eo~ ~ withoat notia. dl wms of awnsy ~se~ved hersbp shvl. immed'utdy and ooMVrrently with aueh con~repanos. bsooaM dw and p~yabls ~nd nid Note and Mataag~ s6~11 be in defanl~ r~~ ~N TO HAVB AND TO HOLD ths s~ms, to~ether with all and singulu the tenements, hee~editameots and tR ~ purt~otoos~ tAananto bsbnging ar in ~aywise ~ppeetainioa and tbe reve.rsio~n and revaraio~na. remaind~r and rs m~i~s. renta. isww and profits tbereof ud a4o ~ll the estate. right. title. int~rest. Pm~e~tr. Pwsssaoo, cWm ~nd deen~nd wh~taoever u waU io law as in equity ot the said Matgagor in and to the same ~ad every part and p~roei ther+sct unto t6s e~id Mortg~gee. and his hein. s~oeesso~rs and assign~. in fee ~impie. And a~id IKort~. tor himselt. and his heirs. kgal repe'swntatives. aucoessors and asiians. 6e~ aonven~nt~ wlt6 s~id Mortsa~sa, Ws beirs. lesal cepresenutives. suaeWO~s aad ~asigns.- t,Lat said -Matg~~ ia indefa~a'bip s~ised ot s~id W?d in tee ampl~ that tbs s~id Mort~agor has tull power ~nd tawfiil right to eonver tlie ams ia fee ~3mpls u afaeesaid: th~t it shaU be lawtul tor s~id Martg~aee, hb hai*a. 1ega1 *ePcc+eutatiw~. ewoceaors and usig~. ~t dl tims~ peaee~WY ~ R~Y to autar npon. ho1d. oo~vpy. ~nd enjoy s~id W~d and every p~et thareof. . tbat nid Lnd is iros from all incnmbnnoe~ that s~id Mortg~g~a. his heira kgal rep~entative~, si~oossaon -a~ a~eu, wiU make s~cb fivther ass~uances to pe~fect the fee simple title W aid land 'm wid Mmt~aaea. hi~ Min. leg~l r~p~aentatives, w~ors ~nd assi~ns, as uuy reuon~Wy bs rsqn'ved: and that aid Mact~ago~ ' does 6ar+eb7' tulhr wart~nt t6e titie to s~id iand and every part thereot and w~71 defend t6e s~me against tbe ~ l~wf~l cWm~ ot all p4rsons whomsoever. ~ ~ It is understood th~t e~ch of the words. .•note•.. ••mo~tB~Ba•. ~d ••~8'~•• ~~~y P~~ j referring tl~ereto. w6etl~ in the aingular or plural aeywt~ere in this mortgage. shaU be singnlu it ooe onty and sAd1 be plurd jantty and seve~a0y. if more than one. and s6all be maseuline. feminine aad/or neuter, whs~erver ~ t6e oontut ~o impliss or admits. ~ Md Mid Mortg~aor for himself and. hi~ heira. k~al reprweMatives. snooeNOrs and aaiga~. lueeby oovenants ~nd aae~es~ eo and wit6 a~id Mortgagee. his kgal rep~esent~tives. sueoessors ~nd aa~igns: ~ 1. To p~y all and singular the prindpal and inteeest and the variow and sundry sums of monep P~Yab{e bY virtue of said promiasory note. ~nd this awrtgage. e~ch and every. pwmptly on the days reepectivdy the sams sevetally beoome due. 2. To p~y ~ll and singular the tues, assesements. levies. Wbitities, oblig~tions and ineumbnnoes of every n~ture and kind eww on said described propercY. wd/or tl~at M~eaftar may be unpo~i. snHared. plaeed. Isvisd or as~ased theraupon. andtor tlut heredter may be levied ar asse~ed upoe this mortgags ~nd/or t6e iadebt~edos~s ~eenred bereby. ~ch and every. wheo due and p~yabk acoording to law. bstoro tbep beooms de}inquea~ ud ~t«e .n~ mc~c acc.~~ or .nr ~r u incurred: and in so far as ~ny tMceoE is of record t6e sams s1W1 be prompttp s~wfisd and di~eharged ot reoord and the origind officW docu~aent laaeh as, for Inatanos, fhs taz no~t a~ tbe satist~ction p~per offiwlly endorsed or certifiedl ~6d1 bs plaoed 'm tbe 6aads of said Mactg~ges £ withia t~e dain asst atter paYment: and in the event that aay thereot is not so paid. s~tisfied ~nd disc~r~ed. • ~ »id Mo~agee m.y ac any time p~y tbe eame or any pan chereot wicho~s ..aiving or affseting any option. ~ bea. equicy or righc uuder or by virwe of chi. m~cga~e. and cbe iWl amounc oi e~ch .nd everr ~ wY~~ ~ ~ b~ immsdi~tely dae and p~yabls and shall bs~r intarest hom t6e date t6e~sof nnW paid ~t t6e race ot ten par ~ osnWrn per annum ~nd togst6er with snch interest sluU be seeured by t6e lien of this mortgage. ~ 3. To plau and oontim:owty kesp on tbe bulldings aow ar hereatter siWace oa s~id W?d fin and wind~torm ~ insuranes in the usual standard poliey torm, ie • sum not ka than tbe ~aw~nt due hereoa. in auch tomp~nY ~ or oompaniM as may bs approved by nid Mortsa~ and ~11 auh iasurmoe po,ieie~ on aay ot said buiidings. any ~ ioterwt tbefetn or p~rt thareot. in ths ~reg~te snm atoreiaid o? in e:oe~s tbereot. aliaU contain the uawl dandard mort~se clanse m~lcing the loe~ undaf said policis~. e~ch and every. PaYabls W s~id Mortg~ges ~s hi~ iac.~..c ~nay app..r. a,d ..cb and rvery such policy shall bs promptlp dsliversd W wd beld br ~aid Morya~c ~d. not ks~ thae ten dar~ in ~dvanoe of cl~s espir~cioa ot e~eh pdky?. W deiivR to wid Moet~a~ a ne~wd th~rot. toget6K with • reodpt [or tl~s permium ot sue~ r+snewd: ud tbw~a sh~U bs no aue6 iewnnoe p1~ad 00 ~ny of aajd buildia~. ~ny int~rert tMrsin or part thereot. ndsa in ths torm and witb tM loss p~y~bie u dore~.fd: and in che evsat .ar .nm ot moner w~rabk w~der ~ueh poliep or polieie. .nd .afd Martg~g.. ~ sooK~1z Pac . ~ E 439 ~ ~ s _ ,._.z . r . . - - - - - -