HomeMy WebLinkAbout0461 _ ' . .
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BUILDING D . ~
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THI8 MOR'KiAQB DEEO, a~1s ~r~d e~euted ebe 26 a.y ~ Nove~aber 19 78 #
e~? Howard E. Lxnch and Jane Lvnch= ti~ wife of RD 4. Box 331. Apollo, Pa 15613 =
Mnia~it~ ulld tlN Morcp~or. whieh t~na ~bsU iacluds t6~ Min. lesat npreMOacive~. ~uoowon wd ~
ot tM wid Morts~oe whww~r tM eontut ~o require~ oe admits.
to TUR1'I.S ASSF A$80CIATE3. 1NC.. P.O. B~ dls. Jea~an HMCb. F[, 33~57
INnin~ftK ea1Md' tbe Mo~ti~s. w~hkh terea edli jnelud~ tM ax~aors and ani~~ ot the
s~id Moet~a~ wMnwt tM tontsn w requin~ ar ~dmita. '9
- WITNBS3E'I'N: 7bat tor devers sood and vduaWs con~identio~u. and also in oonridera ot ths S.
atnisd in tM p~omis~oqr eate ot wen d~te hecewith M~dnatter de~crfbed. tbs s~id M ~~~te eum N
~d ortsa,gor doe~ 6~rby _ `
~rant, b~rpin. sdl. a~o. nmise. reie~~e. oonvey and oonfirm unW tAe aaid Matgaae~, Ais Aeirs. snoose~o~~s and
a~, dl tM e~tain pisoa.... parosL... or tnct.... ot land. ot whicl~ ths seid IYtott~~ b now seired and ,
po~sd ~ad ia~etwl po~s~sdon, sitwte in tlu County of 3t. Lucie and 3tate o[ F1o~id~, de~cribed u foUnwx - Q
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- Unit Weeks 49 and 50 in Condominium D 8 s~
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- consisting of Apartment Number D 8 and its.undivided share Q y
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c ^ of the comnon elements of Turtle Reef Condominium I, as such is ~ T~~~
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described in the Master Form Deed, recorded in Official Records B~ok
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263, Page 2002. This is a purchase money mortgage. N~
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It ia further ~a~+esd between the p~rtiea to' this mortgage tha~ in addi[inn to t6e terms and ooeditions s~, r
out 6~nin. it • ooavsyaACe should be made bq tAe Mortgagor ot tAe premisss he~eia described. or my part ~ g~° "
t6Keot witbont Rrst obt~idng both the writtea oonsent of the lwWer l~ee+eof. ~nd ae aasnmption of Nis m~ '
obi~atioa. in wricina. br tAs ~w prepossd Grancea then. and in thac eveot~ .c the option oi tbe bolder hereof. v~ ~ i
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dw aad p~rabis and aid Note and Mat~ sl~all bs in def~ui~ ~
TO HAVE AND TO HOLD the sams, to6ether wnth aU and aingular the tmements, hereditamenta ~nd ap
part~oanoe~ L6enunto b~loagioa or in aaywise ~ppertaining and the reveraion and reversion~. ree~inder ~nd e~
m~dws. reata. isa~e~ and profita t6ereof ud dso all ths estate. *ight. title. ~int.erest. P~'oP~~Y. P~• cl~im ~d
dea~nd w6atsower u wsU in la~r as in equity ot the said Martgagor in ~nd to the same and every part and
parod tbereot unto t6s ~aid Mortgagee. and his heirs. s~sors ae~d asaigns. in fee simpk.
And said Mortsagor. tor hia~sdf. ~nd 6is !?eirs. kgal ra~p~eesntatives. saccessors and assi~ss, hee+sby eonvenants
witb Mid Mo~rtga~e~, his beirs. legd repreeentatives. snaessocs and as~i~sa tha~ said Moetgagor is iadete~eibly '
Nir~ed of eaid Wd 'w iee simpl~ tlut the s~id Mortgagor 6as tuD power and law[~il rjght to oa~vey tbe same in fes
iimple u doresaid: tLe! it shall be lawful tor s~id Mortgagee, h» heira legal repee~~~at~tives. snooe~sors and assigns,
~t ~ dl timea peaoe~blq and -qaietly to enter upon. hold. occ~py aad eajoy s~id land and every p~rt the~eof:
tl~t nid _land is free from all incumbranoes: that said Mortgag~or. his beirs. leg~l ~ntatives. suocessoes and ! 1 i l i i i~! C7~ 4
~s~iga~. w~71 malce auh tnrther aasunnoe~ w perfect the tee simple title to said fand in said Mmtaag~ee. ~~O
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hi~ Aeir0. k8a1 repeesent~tives. s~ors and assigus. as may rsasonRWy bs reqnired: ~nd t6at said Moctgagrx v ~
does 6er~sby tally warrant the title to said I~nd and every part tikreof ud w~11 defend the sa~ne against the I f I i~; 3D j
'I lawful claims of ail persons w~homeoever. ~<iZ-{
j It is understood t6at each ot the wo~. "note... .•mortga~or•. and ••mortgagee•• respsctively and ths praooans z~Dm <
~ reterring tbereto, whether in the singular or plur~l ~nywhere in this mortgage. shaU be singulu if oee onty ~nd ~c~7O `
ah~ll bs pl~ral jointly and severelly. if mae tl~nr one. ~ad s6a11 be m~seuline, teminine andlo~ aanter. wl~ee+sver ' ~ 1~1 ,
~ tbe ooate~t ao i~li~ or admiu. ~
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Md nid MacE~agor tor himself and his he'sr~. ~..a..~ ~-~~~.f{~,r ;
.~aes w.nd .rich s.ia Morcg.qee. his kgal represet,atives. ~oeoessors nd ..pgos: 11, ~ C
i. To p~y aU and s;A~t~~ c~ ~ ana i~c~sc .~a cn~ ~ario~s .na ~oary ot mon~r wr•b~ br ° 3 Z°
virtue of aaid pramiseory note. end this mortaage. s~ch and every. P~PUY on the daye reepectivdy the same ca v_ ~
severaUy bsoome due. ~ ~ ~ ~
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t• To pay all and singular the tues. aa~esaments. kviee. Uabilities. obUgatioas and incumbranoes of every ,
natwe and irind aow on said described preperty. and/or t6at haeaft~er may be impo~ed. snffered. pl~ced. levied
ar ~sse~aed therenpon. and/or that here~fter may be levied or aesessed upon this mortgag~e and/or tbe iwdsbtednees
secured 6ereby. eaeh ~nd every. whea due and payabie acoording to law. befoe~e they beooms deiinq~ent, ud
~ before any intereat ~ttacbes or any penalty is incurred: aad in se fu ~s any thar~eof is of record the same sh~ll be
promptly aaCi~fied and discharged ot rec~d ~nd the original offirial documeat Isuch as, for inatanos, tbe t~
ero~ipt or tbe MC/tI~Gt10A papar offieially endorsed or certiCiedl sh~ll be pl~oed in tbe 6ands ot asid Mortgagee
~ wit6in t~ days ns:t aftar p~yment: ~ad in tbe event that aay tbereof is not ao paid, aatisfied and disc~arged. ~
' ~d Mortgages. may ~t eny time p~y tbe s~me or any part tl~ereof withoot wajvin~ or ~ffecting any optan, +
~ tien, equity or rig6t wider or by virtue of this mortgage. and the fiill amoant of e~cb ~nd evrry euch p~ymeat s6aIl 1
~ b~ immedLtely due aad p~yabb and sbaD be~r iatereat from tl~e date tt~ei+eot unW paid at the nte of tm pa
~ ~enturn per annum snd waether wit6 suc6 iniere~t slull be.secured by t,Le liea Qf this mo~tgage.
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~ 3. To pl~ce and oantinnously keep on the bw7dings now or hereait~ situate an said land fire and windswrm
~ inanranee in tbe usual standard policr faRn. in a sum not lesr than tue amount doe hereon. in such companY
~ ar oompani~s as may be approved by ~aid Moet~aes; and all wch ins~nace policis~ w~ an~ ot s~id b~u7dings. ~ay
~ iaterest tAerein or put thereof. in the ag~regate suw aforesaid or in e~ess t6ereot. shaU contain tM uwd
dand~td nwrtga~se elauie m~lcins the lose under wid policiM. e~c6 aad eve~y. paY~bk to said Mortgag~ee ~s l~is
intetert mar appe~r. ard Neb and every sueh p~lky sbaU be proaoptly deliverd co and beld by sai~ Moetp~ s~
and. not ba than ten dar• in ~dv~nos ot the e~iratioa of e~eh poBcy. to dsliv~ to wid Mo~rt~~ • rdwd
t6~e~sot. to6ether witl~ a teedpt tor t,Ls pr~nium of soch renewd: and tlwre ih~D bs no w~eh inwrano~ pl~o~d
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Jore~aid: and in the sveat any n~m of money beoomss p~yable u~ weh poikp or poBcies ~nd said Matgagw
~ ~~~r312~ P~G~ 459
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