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~ 6UILDING "C" 4.r~520 13
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T~tIS MOEt1YiAGS DSED, m~d~ ~nd esecut~d tM ~Q~dq of November lo . ~8
er 6arry S. Felcinan and Sara3ane Feldman, his wife of 6352-B, Seven Spr ngs, vd.
Lake North, FL. 33463 ~
I~vroio~tt~ cdled th~ Mataagor~ w!?ieA ttnn stu11 tnelud~ tb~ ndn. a!
o[ th~ uid Moregag~ot r~rl~wet th~ context so requiros o~ adinlts, ~~°~~tives. sueasson and wi~na
to TURTLE REEF ASSOCiATE3. INC.. P.O. Box 6I8. Je~aen Beub. FL~ S34S7
M~etaatus uUd'th~ biortgsgw, whkA teRn ~hsU fnch~d~ t6~ ~ woc~a~ora ~ad ~aigns ot tb~
said Mortg~ge+ ~rberevK th~ coata:t so e~equira or admics. ~
WITYES3E'TN: That kt devera good aad valuabb tonsid~ratioas, a~d al~o jn ~o~uidentio4 ot t6t a~e~aq sn~
uunsd ia tA~ proa~is.+ory eate ot even date hers~rith henlnafter described, tb~ said Matg~ do~s 1~enb~,
8ran~ ~argala. ~11. a1M~. i~mi~. releass. conwy aad cont@m uato the said MortgagN. his b~in~. woo~a~oa a~d
as~tgas. aU th~ actain piece.... WrceL... or t~ac~... of t~nd. ot wAieb the iaid Moetgagor is now ~~ed aad
po~ss~ed aad in~etual poaaessiop, sitwte in the :Couaty ot St. Luea ~~d Stat~ ot Fbcida. d~suibd q tdb„rx
Unit Neeks 41 and 42 in Condominium C~20 consisting of
Apartment Number ~-20 , and its undivided share of the cannon
elements of Turtle Reef Condominiums 1 as such is described in the amended
Master Form Deed as recorded in O.R. Book 256, Page 235. ~
: r This is a purchase money mortgage. .
- It is turthar agr~eed bet.me~a the perties to thl~ moitgags tba~ in addition to th~ terms and ea~dttioos set
out herein. it a ooaveyaaee ahould b mad~ Dy tM Matgagor ot tM premi~s 6~rsin deaccibd. or aey, ptet
00 t6aeo~ wltAout first obtaWng both the aritten oo~wnt oi the lalda buwt wd an assumpdo~ o~ t~is
- obligatton. ia ~tio~. by tbs nenr propossd Gtante~. tha~. and in that rv~nR at ths opdoa oi tM lwlder h~reo~
~ wIthout Aotke. aII snms ot mon~Y secured MrebY s6a11. imrndiatelp and oonaurentt~r witA aueb oonwpaop~, boom~
due and p~y~bb and sdd Not~ and Mortgag~ ~hall b~ in detaa~t.
1~0 HAVS AND 1~0 HOLD ths easna tog~ with ali and dogdat tb~ t~ata. l~aeditaments and sp
purteoaaoa there~ato belonging or in ~npwies ~ppaRaining and t6e revenion and rewession~. ~~nd n- ~
~ ~ matnderi. rents. iswe~ ~ad profib thereot and also aR tbe esat~ righ~ titls. totaesk ProPee'ty. Po~ses~oa. elainn and
= N~^ ~ demand whatsoever as well jn law as in t ot the a~id Mat
~ ~ l' 8i8'~ ~u and to the sam~ and . every p~rt and
~ pued thereeot unW the said Mortgagee. ~nd his 6eir0. ~uaesson and asaigna, in tes ~nple.
c ._t ~ N And a~id Mortgagor. ior 6imaeU. and his 1+eirs. 1sga1 repraentati~?es. sutoes~ors and sasigns. l~enby converunts
wtW uW Mortg~gs~„ hb beira k8d ~ePrexntatiws. succeew» and
y Kjsed oi ~aid lai?d in fea sim le: thst the aiid Mort a~~°' ~ 0°~ ~Ortg°got u~°defe~sibly
` ~ P B'~S'a lus full power aad lawtul right to convey tbe aame h~ tre
~ eimple aa aiore~aid: t6at jt ahsU be lawtul for said Mortg~gee. his heirs. legal c~epissentativea. suaessora and as~igns.
J: N at all tiines pe~oeably and quietly to enter npon. lwld. oceupr and enjop uid Lnd ~ and every part thereof;
~ that saId land is iree from a!1 L~cumbranoex tbat said Mortgsg~. his heirs. kgal sepceaentatives. weoeaaors and
' assigos. w~71 make wcb t~u~ther assuranoes to perfecc ths fee ~impk titls to uid laad in ~ajd Mrotgage~,
G-..- ~ z bis beirs. kgal rspresentatives. snoce~~on ~nd assigns. a~ may reasonably b~ re4airsd: and t6at said Mortgaga~ .
I ~ r.: ~ n s ~ bereb}' tulty ~nrrant the titk to said Lnd and everp pact thrreof and w~l dcfead th~ same againat tl~
° o~ V
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l aiios o[ a
i l persons w
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o It b understood tbat each oE the werd~. ••aote••~ ••mortgag~or» and "mortgega•• r~peetivdy ~d
setercjng thereto. ~rhether ia the aingular oc plucal anywh~r in this mortgage, ~6a11 be singnlar tt on~ odp and -
h
a~ ~hall bs plural jdntly and kverelly. if more t~e one. ~ad ~6aU bs maseulin~, temtnins aad/or t~ater. wb~e+avet
~ ~ y t6e oontsst ~o i~apL'es ar admits.
~ Aad said b~ortg~g~o~r ter 6imse1l and his heira. le8d t+epr~ntati~?e~ aiceaMO~ and assigna. bersb~ oovenant~ aad
agreei to ~nd with ~aid Mo~tga8es. tw 1e8a1 rePrss~atativb. ~uae~~o~s and ~ssign~
l. To pay al! aad singvlar t6e principal and intereat ~nd ths various and s~ndr~ sums oi
~virtue ot said promie~ory note. and thi~ mo~ttgags, each and ev a1O°°3' WYabb by _
m~ arY. Poomptlp on tLe day~ respectively the sa~w
severaAy M~oome d~~s.
j~, U. Z. To p~y ap ~nd aiagular the tnzes. asxa~ments. kvin. liab~7itia. obUgateons aeid 'mcumbranoes of every
nature and ~ind now on aaid described property. aad/or that hereatter tnay bs impox~d. suffend. plsced. kvied
~¢li' ~'C' therenpon. and/or that hereafter mar bs levied or a~xeeed upon this mwtgege andlor the indebtednes~
i z;3~ secured hereby. each and every, ahen due and payeble according to lew. beforo they beooms delinquen~ ud
~ ~!Z-- before any intereat attaehes or Any penalty i~ incnrred: and in so far a~ a~r thereof b ot reoord t6e ums aba11 bs '
+ i~~....(T' promptly satiufied ~ad diecharged of reoord and the origir?d otfidal document (sueh as, ior instano~, tbs ta:
i ~ ~ f~ ~eceipt or the satiufaction paper oificially endor~ed or certified) ~haU bs pLced to the hand~ oi said Morigage~
~ ! ~ withln ten d~ys nest after paymant: and in ths eveat that any thereot b aot so paid. sati~fied a~ dixharged~
~ ~~aid Mortgagee may ~t ~oy tims psy the sams or ~ny part tharoof wit}~ont wRiving or aHettin8 ~Y ~n.
~ ~~\S;:
t-~ lisn. equity or right under or by virtue of thia mortgage. and the tu1) ~mount oi eacb aad every such pspmen; shap
i.:-~ y-i _ bs im~aediately due aad payable and sf~~ll besr iaterest trcm ths date thereoi untjl paid at ths rete ot ten pet
~ 1"=" ~~r oenturn per annum and together writh ench interest shall be secured by t6s lien of thi.+ mortgags.
€ o f:~t ~
~3 To pLce ~nd continuouely keep on the buDdings now or hereafta situats on aaid land fue ~nd nindatorm
~ ,~'~D ~ r~ in~urance in the uywl standard poUc~? forra, in a sun~ aot le~s then the amount due hcreon. in auch eoiap~e~y
, tn , y~ or oanpsnie~ as rtur be appwved by snid Mortgagee~ aad all suth iaswanos poUcies on aDr of said bu~ding~~ aay
c.n ' ~~~t therein or p~rt thereof. in the aggsegate eum ~fare~aW or ia escss~ tbsreof. ehdl tontain t1N uwal
,r _~tandud mortgagce clauae malcing the bs.• under wid polida. eaeb and every. psYabl~ to utd Mat~ge~ sa ld~
intn~est nuy appear. ~nd eaeh and every such potiey ~hdl bs prompdy dslivered to aed beld br ~ald Mort~a~ .
and. aot le~s t6~n teA diys in advanee oi the espiratlon oi e~eh policp. to de4vK to ~atd Hort~a~ • t~wd .
thereoi, together ~rlth a esceipt tor ths premiurn ot wch renew~l: and thers ~halt bs no web in~ur~ne~ ~Led
on any of s~id buildings, ~t1y Ip~erest thKSin of part th~reot, ~les~ ta tb~ form and wit6 th~ bsa payaby a~ •
r •foresald; and in ths ev~nt •ny auaa ot maasy bscom~~ paysb{~ undsr such polky or
polieiea and ~aid ~ ~Iort,~s8w
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BOUK PA . ' .
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