HomeMy WebLinkAbout0471 i,
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t ~ ' BUILDING "D" 4~a~06
THI8 1~lOATOAaS DEED. ~.a..,~a.~ucaa c~?.. 3rd d,~, ot Feb. 19 79
~ Kenneth J. DeVrles a~d 6ayle J. DeVries, h1s wife of 109 S. Halleck, DeMotte,-IN.
~ 46310
b~ninatt~ alled cM l~tats~. w~ c~nn a6~lt iucb~d~ tb~ Mirs. 1.s.1 npr««~cacteN. auoo~or~ ~nd ~
af tM ~aW l~tart~aaot wh~cevK the conte:t w reqnirw a ~dmiea.
to 'lURTLB AEBF A8.90C1ATE8. INC.. P.O. Bw~ e18. Jeaiea BNCh. FL 334bT
h~nioaR~ ulld' tM Mort~es, whieh terai slt~11 inch~d~ tM auces~on aad wipa ot t6e
~a~id Morts~ wA~v~ tbs coacest w»qnirw or admita.
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lIVITNE88STH: 7'6at for dtvers aood and valuabM ooasideratiotu. and abo ia ooo~ideratipa ot t1~s ~re~at~ a~m ••pp
naaisd in tAe promis~y not~ ot evee date herewritA Mrsiaafter described. tbs s~id Marts~ doN hwby V
b~r~ain. aell. ~~ee~. raaiis. release. oonver aad oonfirm unto the said bloet~. l~is bNr~, wioowon ~nd
a~s~, dl tbs aetaia pisos.... prreel.... or tract.... ot laed. ot which tLe t~id ~toetaag~or b now Nisd aad
pow~ssd aad inaetwl pos~ession. situate in the County ot 3t. Luck and 9tate of Fbclda, dMen'bed as foilowx
- Uni t Weeks 18 and 44 i n Condomi ni um D-2
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consisting of Apartment Number D-2 and its undivided share N
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of the common elements of Turtle Reef Condominium I, as such is ~ ro~ o
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described in the Master Form Deed, recorded in Official Records Book ~ A=~"~ -
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263, Page 2002. This is a purchase money mortgage. T a T~
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It ia furtLer s~reed between the p~rtiee w this mo~tgage ~htt, in addition to tbe terms and oonditioeu sst ~
aut herain: it a conveyanoe ~haiW be cn~de by the Mortgag~or ot the premisas ~erein da~en'bed, o: any part ;o o
t~erot. witbont fust obt~ieina both the writtea conse~t of the hoWr Ae~eot. and aa as~umptioo of tNs 1~;
obl~atba in weitina. by tb~ new propo~ed tirantea t~Aen. ~nd in tlut e~veot, at che optioa ot t6~ holder Meot
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y witb soe6 oan
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dw and p~yabls and aid Note and Mort~aas sAall be ia detault. .
TO HAVS AND TO HOLD t6s same. to~ether with a!1 aad sinaular the teneaients. hsreditamenq ud ~p
purt~oanoe~ tbrewato bdooaing or in anywise appe~tainiea and t6e reveraion and rov~~. eem~ind~r and ra
m~iodas. renta. iaue~ and protits tbereof ud alw all tbs e~tate. rig6t, titls. intere~t. property. powe~sion, cl~im and
de~o~nd whatsosver as wsU in law as ia equity of tbe said blatg~gor in ~nd to the saa~s and everY P~ ~
paral tbereot unto tM said Mortgagee. and his 6eirs. ~sors ud ~ssigna. in ke sicnpM.
Md taid Mortgagor. for him~elf. and his heirs. leaal repn~ntatives. aucoessors and ~asians, bersby ooavao~nta
wit6 Mid ~tortsa~ss, his 6eirs. Mp! repceseetatives. suc~as~ors and assi~s. th~t said l~ats~ is indefa~st~l~?
seised ot s~id W~d ia fes simpl~ that the said Mortgagor has fnll power ~nd IawEul risht W wnvey ths s~ms ia fes
timpls as aforesaid: tAat=it shall be law[ul fo~ ~aid Mortgagee, l~Ir beits. lesal repre~entative~. moeewocs and a~eu~u, y:l;!1!1!f'~OU:
at dt times P~~~Y ~~N~Y hold. oo~vpy and enjor said Iand ~nd every part tMe+sof: -;i
tl~at pid land is iree from all incumbranoss: tbat said Ma~tgag~or. his Mir0. Ieg~~ rep~e~entatives. ntooessoes ~nd ~iCD`
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aaignt, wUl make ~ueh further assur~aoei W petfect the fee simple title to ~tid W~d in e~id Mrotgaa~e, c~~~..J
' his beirs. Maat representatives. suecasors and assigns. as m~y teuootbty bs required: and t6at said Maetgagor -<~Z
i does 6arsb~ fuUy warrant the title to s~id land aad every part tliereof atd w71 detend t6e same against t6e x'-+~
~ lawfu! claims ot al! persons whomsoever. f A
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~ It is understood tlut e~ch ot the words. ••note... ..mortgagor'. and .•mortgagee,. respsctively and ths pro~oum ~
~ referriag thereto. w6etAer in the singular or plunl anywhere in tAis mortgage, s1~aU be singular if one onty and ~ J;
sAall be plnnl jointty and severdly. if more than one. and slull be n~sculine. teminine andlor aentar. wh~ever +~~,ti ~
~ sbs ooecut ,o implie, or .amits. °'"~`~,r
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And a3d 1?~ortsaaor tor himsdf u~d his hsirs. leaa~ rep~assntativea. w~ooee~ors and wigna, bereby oovenant~ ~nd p ~ 3 C
a~r~se~ W and with said Mortgaqee. his kgal representatives. snecessors and asagns: y
I. To p~y all ~nd tin~Nlar the principal ~nd interest and the varions ~nd snndrp eums of montY WY~~ b'!~
virtue ot said promiisory note. and this mn~tgags, e~ch and every. promptty on the days respectivety the sams O' ti`~, t
sevenllY beeqroe dne. .
2. To pay aU ~nd singulu the .tues. .~ssessm~ate. {evies. liabilities. oWigations and incumbranoes of every
oature and kind now on said described pro~erty. and/or that 6enatt~ may be impo~sd, wHer+ed. pl~ced. M~?~ed
or aeaes~ed there~pon. and/or that here~fter may be ievied ar asseesed upon thL mo~t~gs ~ndlor tbe indsbtedne~s
aeeured hereby. e~ch and every. when dne and p~yabb ~ocord'mg to law. belare ther bseome detiaquaat, ~nd
befors any interesi ~ttaehes or any Pen~lh~ u incurred: and 'w so f~r u ~ny tl~ereof is ot roeoed t6s ~ame sh~ll be
pr~mptly wtisfied and diieharged of recard and the origie~d official documeat (such as, for in~tanos, t6e t~
no~ipt or tbe sitisfaction P~P~ o~Y endorssd or certifiedl sl~ll be pl~oed in the hands oi raid Mort;a~es
wttbjn ten day~ na:t after p~ya~t: u~d in tAe event that any t6ereet is not w paid, satisfied ~nd di~cl~raed,
~ a~id Mortg~gee may ~t anY time P~Y the s~me or anr part thereot witbout waivia8 ~~B ~Y
lien. equity ot right und~r or by virtne of this mortgags. ~nd t6e fn11 amoant of e~c~ and eveqr sueh payment a6a11
~ b~ imrnediatety dus and p~yabM and s6a0 be~r iatereat trom the date tlraeeot unti! paid at ths rate of ten per
~ oent~un p~ ~nnum ~nd together with snch interest sball be secared by the lies o! this mortg~ae.
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~ 3. To plaa aad oontinnously keep on tba buildings oow a~ 6ere~ft~er situate on s~id land fire and wiadttoRn
~ inaurmce in tbe uaul standard policy form. in ~ smm ~ot ka ehae tM ~mount d~e hereoa in suc6 ooa~nr
or oomp.nise u may be •pproved by ..id Morts.gee; and aU snch insuranoe po~ieiss a, anr ot said bu~7din~, ~ay
~ interwt tberein or part tbereot. in the ag~regate sum aforesaid or in e~ thenof. shull o~tain the usual
~ ~t~nd~rd mortgasse cl~we making the lou undsr eaid poticfe~. e~cb and evaey. P~7abie to said Moripgee u hi~
iateewt m~y appMr. and wcb and every wu6 policy s6a11 be pe+nmptfy dsliweed to aad hsid by afd Matppec
~ad. rwt Isa th~n ten day~ ia advana ot tbe azpirat~ioa ot e~eb polfey. W ddiv~r W~aid yiart~yM • e~swal
t,l~not. toget6e~ with a reoeipt far t6e peemium of sueh reaewal: ~ad tl~e+s ~ b~ no wxb iowtrana pf~ad
on ~ny ot ~aid bnildinss. any intereet cbee~ein or p~rt thereot. uni~ in tb~ torm and witb t6~ loa p~pabie u
dore~aid: and in th~ ewnt ~ny nim of money beoomes p~yabk under w~ pol~cy or polieja and wid Mortga~
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~ so~K 312 PAGE 469 ~ ~ .
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