HomeMy WebLinkAbout0501 i~
~ 6UILDING "0" 450518
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TH18 MORZY3AaS D8E0. m.a..~a.~aa cb. i~b.~? or Seat. 19 78 :
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John F. Jacobs a~d Eva C. Ja~cobs, his wife of 6925 Nillow La~e,
Miami Lakes, F1. 33014
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h~nioaRr calbd tM Moet~or. whkA t~em dwU iaelwM eM Min. Mesl npew~ot~ciwr. a~aMOn ~nd ~
o! t!r Nid Mott~a~or wMrw~t t~ contut w nqnirM a~ adeoit~.
to'N1tTLS REBF A880CIATEB. INC.. P.O. Bw~ d18. J~os~ BMCh, FL 334b7 ~
,
I~w~iotft~t calMd' th~ Morts~ps, whkA t~m d~ll iociud~ tM atoos~~ ~nd aNd~o~ o/ t6s ~ i
a~id No~t~s~ wMrwr tM cont~t so nquirM or dmita. . ~ ;
WI'Tl~IE888'i'H: 7'hat for dwers sood and wluabis oon~id~niioas. and a4o in oonaida~ ot tM ~
e~eosd in tM proa?iaoq? not~ ot wsa d~te h~rewith l~ninaft~ dMen'bed. td wid~lNoets~gar
d~oM ~ ~
R~o~ b~rpin. MII. ~li~o. nQws: ~a~. oonwy and oontirm unto tlr said Mart;~s. 6is Min. suoaaoes and
s~u. ~D tM aetaia pi~n.... p~rosl.... ar trace.... ot l~nd. ~ wl~eh tLs nid Moets~ L now Ni~d and
po~sd ~nd in~etwl poa~ioa, Ntwb lu the County oi 3t. Lueis and 3tate ot Florid~. dNecib~d u tdb..e ~ o
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Unit Weeks 23 and 43 in Condominium D 26 _ Q= z~ ;
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consisting of Apartment Number D 26 and its undivided share N
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of the common elements of Turtle Reef Condominium I, as such is
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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. y
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o x
It b tnrtA~ a~e+eed betwes~ t6s parties to thi~ moetga~s tltia~ ia addita~ to the terms and oondIlioos iet ~ ~
ont 6~nio. it a ooewy~noe shouW be made by ths Matgag~or ot the proeni~ he~ein dsseribed. ar anY W*t a'
t~Mnot w[tl~oat 8nt obt~Wna both tbs written oooaeat ot t6s Lold~ 6wrot. and an uwmptioo ot t!~
obHption, in weitins. bp t6s n~w peopo~ed Grante~. t6en. and in that event, at t6s option oi tbs boWer 6ereof. w
wit6out a
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dw ~nd p~yabls aAd aid Note ud l~atsa~ ~6~I1 bs in detauh. ~
'1~0 HAVS AND TO HOLD t6~ s~ms, togather with aU aod si~ul~r the teee~nsnts. lMreditamnts ~nd ap
part~oana~ tb~ennW b~ioogina or in anywi~e appertainiaa ud t6e re~eraion ud ~ eevarsioo~. r~inder ~nd rs
m~iod~e~. nnf.r. uwtw ~ad pr+otits the~eot and abo dl tlia ertate. ritbt. titM. int~reit. ~Y. poae~sion. clajm ~nd
deen~nd what~owet u well in law as in eqnitr of ths safd Mortga~or in and to the aame aud every part and
parai tLee~so! nnw tM a~d Mortgagee, and his l~ts. a~uasso~s and aaigns, in tee simpls.
And aid Mat~a~ae. tor hinueU. aud his hairs. ledal repnMntatives. sucoessors and usise~, bereby aonvao~eta
wlth Nid No~aaes. 6is beirs. lsga! reprwentattves. wo~ors and as~ns, tl~t aid Mataaaor ir iodshao'bl~r
a~i~d ot wid Wd in te~ simpl~ tl~at ths sald . Mortsag~o~ !w fnU powror and lawid risht to conver tbs ~ams in fee
dnipls u dafes~jd: tlut it s1~aU be I~wful for s~id Mortaasee, his Mi*~. Ispl repe+~tative~. wooe~ors and as~i~ns,
at all time~ Pe~ceablY ~ 9~7 ~ eater upon. ho1d. oeeupy ~ad enjoy s~id W~d and eveq? p~rt twereof:
tLat nid l~nd is free trom dl inc~mbnncae~' that wd Mortgagor. hi~ beirs. iegal trpre~ent~tives. wtooe~eo~ ~nd i 1~! 1 i f! i a~ a II
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wi~s, wiU nWcs snch further assnranoa to perfeet the he simpis title to aid land in ~aW MmtaageR - yj0
hi~ beirs. le~l repr's~eatatives. sue~ors and assian~, as m~~ re~sooabiy bs required: and t6at s~id Ma~t~ag~or ~o ~ iC'~
a~. ~r t~u~? ...~.pc c~ s~c~ co .~a ~.na .na ci,~r .~a ..m aer~a ce~ .~.~.c r,~ N~ti?~ 3D
la..tnt ctaims ot an penoa~ ..homsosver. ~ z~,*,~ .
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; It is understood th~t e~ch ot the wo~ds. '•note... ..mortg~' ~nd ••mortga~ee•• reapsctive~? and ths prawum ,a z`'~( j~
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f referring t6erKO. w6ether in the singuLr ar ph~ral taywhae in tsis mortg~~e. shaU ba singul~r if one oaly. and e c D
shall bs pbua) jointly and sevenlly. it mae than ons. ~nd a6tII b m~sculine. feminins andlor nenter. wBee~ever e:•'; TI
~ tbe oonbst so impliei or admits. ~'~~`tJa~~
And wid b[oetsa~oe tor himselt ~nd his bsin. ls~l repewsnt~tiws. w~ooes~on aad asalg~~. b~e+eby ooven~nts ~nd ~,~.,y;~ ~
.,sres. w_.na vit6 aaia b[ortg.,ses. b;. ieg., eepre.satatives. sueeessas .u~a .s~n.: v+r
1t1 ~
1. - To p~y d! ~nd singular the ~=~o~
prh~eipal aad intenst and tbs v~rious ~nd sundry sums oi moneY P~rib~ ~ 3~
virtue of s~id promiieoey note. and t6is martsage, e~eh and every. promptly on t6e daYs rospeetivelY tLs aams m ;
severallr become dne. y ~
.ts 't- ;
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2. To p~y all ~nd singular the tase~. as~easn~t~. bviss. liabilities. obligations and ineumbnnoss of every
~ propatty. and/or tl~at ha+e~atter m~y bs imporsd. wfEered. pl~oed. ievisd
aawre ~nd kiod now on said describsd _
ar aa~es~ed thereupoa. aadlor that here~it~r m~y be levied or ai~~ed upon t6is mortpg~s ~adlor t6s indebtedne~s
~ ~senred 6ereby. e~ch and every. when dne ~od p~y~bb aooooding W Itw. bsfors tMy beoome detinq~en~ ~nd :
~ ~tor~ .nr tnc~.c .cc.~~. o~ .nr ~o.tcr .~a: and in w f~r as aay theeeof is ot reoad tbe wms s~ll be :
~ P~A~ ~awfied and discbarged ot r~eoord and the oriain~l oHicid don~mae?t lsneb u. for iastanos. tbs taz
»oiipt ar t6e atid~etioo pap~ otticiali~? endorsed or oeetifiedl ~bdl be pl~osd En tbe hands of s~fd Me~t;agee
~ wjthio ten day. nuc aher pa~aea~ ane in cbs e~+enc eh.c any ct~weo/ is noc .o p.ia, eatisted .nd aiscbarged. ~
pid Mort~gee m~y at any time p~y tl~s s~me or my p~rt tlweeoi wit6wt wafvins or aHectin8 ~Y ~
~ li~. eqnity or righc nnd~r or by vircue ot chia moresage, and c6s inll amonnc ot e.ch and eveq? sueh p.rmeot sball f
~ bs immedi~t~ely dne ud payabls aad s6a11 bs~r interest trom tlie date t1?e~eof uattl p~d ~t tbs r~te of teo per
~ eenturn per annum wd togetber with such fnterwt shaU bs secured bp tl~e }kn ot this mortgaas. .
` 3. To pl~e~ and oontinuauly keep oa t6s b~ldings noa or b~+e~ttar dtwte on ~aid land tve ~nd wfnd~toem
! iawvanca in tbe uaul st~adard polky torm. iu • amm ~ot Isa tlwn tM ~mwnt due harooa in a~c6 aooop~ny '
or oom~Qania u may be ~pp~wed by aid Mott~~ and dl wub inwvanos po~ieiss on ~ny of ~aid bu~7dinp. anr `
_ intere~t thsrein or p~rt tbe~+eot. iu tbe sgaregate snm Jore~id ar in s:eea theebof. shall oontain tM ww!
~tand~rd ~ elause mddna t6e IoM under nid potic~. e~h aud every. P~Yable to s~id Martgaass as ~
Int~rwt m~r app~ar. ~nd Meh and even sneh poliey a6al! b~ prnmptfy daivae+d W~nd beld by said b1o~t~ec
ud. oot 1MS t~n tee dar~ in sdvana of tLt upiration ot e~eh poiiey. to d~liv~ to ~aid Mortp~ a nawd
t6urol. tos+ther with a r~oeipt tor L1~ p~+~mium ot ~nch nos~wal: and t~ie ~ll b~ no m~h tnwnna pl~c~d
oer at~ o~ said bn~dL~s. anr iat~s~t tl~e+eia or part thweof. nnlw ia t~ torm and wit6 tb~ iosr p~yabls as
doreNid: ~nd in tb~ evait sny snm of mooer beoome~ p~rabie nnder wuh pdicy or policja ~nd stid Martga~
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