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~ THI8 IrtOR7ti3AOB DBED. ~.a..pa u.~aa 3~~? ar ~''b~h 1~ 79
_ Stanley W. Darling and Virginia Mae Oarling, Ms Mife of 811 S. Huron St., Macklnaw
City, MI. 49701
bwrio~R~e e.n.a cb. t?toecp~or. ~WcA c.em .h.n iaetua. cb. h.irs. M~l rrp~...naaw.. woo...or. .na ..d~.
ot tA~ Mld ~toetpaor wh~svK tiw eontut w nquirw or admit~.
to TUR?LS RSBF A880CIATS.9. INC.. P.O. H~ 818. Jensw~ BNCh. F'L 93467
bario~ttr eali~d' tlw 1?to~~pe. which ce~ shall ineluds tbs ~on and t6~
~aid ~tatp~ wMrewr tM oonte:t so nquire~ a admita.
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WITNS~SSBTH: 7'6~t tar dwKS eood ud wlu~bis ooa~id~ations. and alao ia oonsidw~tiQo ot tM a~~t~ w~ ~
aaard ie tM promia~ar note ot ewa due Mrewith beninafter ds~e~ib~d. t!N aid Mort~~g~oe dos~ b~nb~ !
~eant. b~e~ain. s~ll. aWn. ewni~s. ~elsa». aonwy and oon8rm unto tl~e s~id l~la~ta~M. his hsirs. w~eceMOe~ ~nd
, aMip~. d! tM a~rtaia pi~os.... p~rosL... or tnet.... of I~nd. ot ~ wlikh t!?s a~1d I~lottsasor b oow ~ei~~d and . ~
pw~d and in~etwl pos~usbn. sitwte ln the Connty ot 3t. Lueis and 3tate ot F7o~id~. de~cribed as Mlbw~ ~ ~
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Unit Weeks 1' 2 and 3 and 4 ~n Condominium D-20 ~ ~ _
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consisting of Apartment Number 0-20 and its undivided share
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of the conmon elements of Turtle Reef Condominium I, as such is . t~~~
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described in the Master Form Deed, recorded in Official Records Book
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263, Page 2002. This is a purchase money mortgage. o~
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It i~ fnrther aareed between the partiss w tlus mortga~e that, ia addition ta the terms aad oooditions ~st ~ ~s ? T i
ont b~nin. if • oonvsy~nce alwuW be un~de by tbe Ma~t~aaw ot tbe permi~es herein de~cribed. or aay p~rt s~ i
tb~erot withont ~ Snt obt~inina Doth ths written oonssnt of tbs 6oW~ ber~ot. and an as~umption of th~s o~ ;
obii~atioa. ia wrttina. by tbs new propo~ed Grantes. theu. and in thac e~vent, ae tlie opcioa oi ths 6oida hereot « i
wltAout notiee. alt wm~ of mon~? sse~ued hereby shaQ immediateh? aad oonenrrently with such ooawyaaoe. beooms . ~
dw and pq?abi~ ~ad add Nott and ~a~ts~s sball bs in det~nh. ~
'1~0 HAVS AND TO HOLD tLs sams. to~ether wit6 all and dngul~r the t~aeats. hee~editama~ts and ap~ ~
pnrNeao~a~ t6w+wato be{oogina or in anywiie appeKainioa ~nd t~he rsv~ersion ~nd revenio~ns, rsm~i~rdar ~nd rs~ ~
m.ied.n. noca. Lwe..nd pr+oBcs chereoi ana dso an c6. escate. *ight~ tiele. inceresc. pr~opsrcy. po..eaion, cLim aed
dem~od whatawve~ u weU in l~w aa in cquity of tM said Matgagor in and w t6e sams and every part ~nd ~
p~eaei t6areot unto ths s~id Mortg~gee. and his heirs. ~oesaors and ~ssigns, in tee simple. ~
Md Mid bloctga~. far 6imsdf. ~nd his he~rs. Mgal npres~atatives. aucceason ~nd auians. 6areby eonven~nta
with add Martaagrs. his 6ei». iesal rsp~+e~entative~. sueoswo~s ad wigns. t6at s~id Nc~ta~ is ioaete~sib~?
aeiteii ot ~aid lmd ia fee simpl~ t6at ths s~id Mort;ag~or Iw tnU power and law[nl risht to eonvsy t6e s~e~s in tes
ampi~ u atore~d: t6~t it s6d1 be lawtol tar s~id Morts~aee, hb heira k~al repre~eatatlves. a~coeaors ~and uo~u. _.~,,...:,1.- V J`
d aII timM ps~teably and quietty to ent~ up~. 6old. ooevpy and eajop nid Wd aod rvery p~rt thaeeo~ ,
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cbac ,.id land is tree [rom .u incumbr.noe~ ch.c sud btasg.aot. bts hsin. lsgal rep~eaaot~cn?e.. a~oees.o~s .nd I t 3!"; CAt
a~igw, wiU make wc6 imrtl~er asa~uanoe~ to parEeet the [ee ~imple titls to ~aid l~nd in ~d Mrotgages. 3 e
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, ~ bMt~. ~~~~lV~. 51100leli0fe ~Ifd t'SI~AS. ~S Al~r I'ly00~ ~ tlQlUf'~: ~Dd v1l~ M~ ~0/~gOf w h jz.(~'~ !
d0lS ~I~J? ~~RtA< t~! ~O Mld ~tlfd ~Ad !VlfY pltL Fa1!['!Ot ~11d MI~ ~lDd d~R1C ~IDSL f~! aQ 1'~i ~ 1?
~ ~~I~11~ C~tltDS O~ iU PliSOfls ~I~IO~OdVl~. ~ ~iD F
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It u understood t6~t e~ch of t6e words. •'note•.. ••mortgagor•• aud ••uwrtgagee•• ro~psctivdy ~nd tLs proooum~ ` ~1 ~
! referri»a t6ereto. whet!?er in the eingular or plurd ~nywhere in this morigags. sball be singular it ooe on1Y ud 1.' '
sba11 bs plnr.l jancly and sevetally. if mae chan ~e. a~ sball be m.seuline, feminme and/or nsucer. w6sever
.
tl~e ooatu~ w implies or admits ! 1 J •-a
~ Aed Mid Idoelsaaor for himsslf and hi~ heirs. ls~~ repr'a~ent~tive~. s~oeaMOrs wd wign~. 6arsby oov~ea~nt~ md w~~~ .
i~g~+se~ w and with s~id Mortga~ee. his legal represenac;ves. wooessors and a.pgns: N :
l. To pq all ~nd singular tlu prmejpal and int~rest ~nd the varions and wndrp sums ot moneY P~Y~~ b'f N~~`'' r
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virwe ot aaid promisaory note. ~nd this nwrtgage. each and every. pnoenptly on tbe days ra~peetively the sams ~ V1 ~ .
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sev beoome dw. ~ ~
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2. To pay ~Il u~d siagnlar the t~ea. weesmrou. levies. Wbilities. obUgations aad iexumbranoes of evary = m '~n--~ ;
naturs and Iciad now on said dsscn'bsd property. andlor t6at he~eaftar may be impo~sd. wffered. Pl~cad. lwisd I I t 1~j ~D
ar as~sd thereupon. and/or th~t here~fter may be ievied o~ auessed upoo thL moctsage aad/or the indebtednen ~ x;
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sseured hereby. e~ch and every. when due ~nd p~yabM aooord.mg W l~w. bsEoe+a t6sy bsoome del'mqneat, and I Z--~'
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beton anr iaterest .ctac6es or any peaalty is ineurred: and in ~o t~r u any tl~eof is oi record tbe ~ams ~6~11 bs i ~ y
pe+~mptlr ~atir[ied and disebar~sd ot reooed and the oriaiaal otficW document Isueli u. for instanas. t6e tu "'jA ~
or t 6 e satis f~ction o
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~ witbin ten day~ ne:t ~iter qy+meat: and 'w tbe event that any t6ereot u not w p~id, satisfisd ~nd disel~rsed. ;l . r{t.. ;
~ aid Mort~agee n~y ~t any tims pay tl~e eame or u~y p~rt tF~root withont wsiving or aHecting ~ny optioo. p,•~
Wn, equity or rigbt under or by virtue of thii mortgags, ~nd tbe tult ~mount ot eac6 and every soch p~yme~ ~ _
~ bs immediately due and p~yable and sh~ll be~r jnterest fmm tbe date thereof unt~ p~id ~t ths r~te oi ten per 1,t J~
n
„ esntarn per annum and to~etbec with wch intere~t shall be secured by tl~e lien ot this wortgaas. ~ i D~`
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~ 3. To pLacs and oontin~usty ke~p on ths buDdin~ now or hereaftar sitwte on e~id land fire and wind~torm ;
mw~noe in the nsual standard poli~y facm. ie a~mm ~ot {sa t,han ths aaaunt due hereoa ~n ~ com~anr w:~~~
t o~ oomp.nis. u m.y be appwved br sad Morca.~es: .nd an aw:h inwranos pa~cis. oa .or ot ~ tw~a;r,a.. .nr ~ G~
iate:e~t t
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i n or part t b e
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b e agaregate snm a f~ i d or in e:oes~ t h
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~ad~rd nwrtaasee clauss making tbs loss nnder said policfss. e~eh ard ev~s~. P~Yabls to e~d Martgagse as 6is
ince~+~.c mar •ppe.r. and eaeh .ad everp .neh pofiey s6a11 bs prompcly dslive~ed w.nd 6dd by s.jd Mortp~ac
~nd. tat Is~s t6~n ten d~p~ in ~dvaooe ot tlu upiratba ot e~cb poliey. to d~vre W nid 1[ort~yw ~ e~e~wd
tMrot. t~ogetber with • teosipt tor tM pcamiu~n ot sneh e~eoewal: and tMro ~11 b~ no sneh insuraaos pl~ord
~ on ~ny of said buiWings. an~ iat~e+est tba~ein or part thereof. nnlea in tbs toren ~nd with tJ~ loa p~yable u
~fo~eMid: and in tbe ewnt ~nr rum ot moeey beootnea p~Y~bie uader wub poliey or poliek~ and nid Mataa~
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i goo~ 312 PAGE 479 ~
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