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HomeMy WebLinkAbout0774 ~ / BUILDING "C" 4r~~QS ~ ~ THI8 ldORT(3AOS DEED, m.a. ana wcns.d ce.25th ~ ~U]„V _ 19 7g ' ' Linda J. Williams of 225 Tiki Dr., Merritt Island, Fl. 32952 br 6arinatt~ c~ild tM Moets~. whicd t~nm ~Aall i~eJud~ tD~ dir~. kN nP'~wntati~?M. weo~oes ~nd s~dpu ot t~ ~~id Utoet~~oe whenv~ tiM oootut w rrqaire~ o~ admit~. to TURTI.S RSEF A380ClATE9. INC.. P.O. 8~,A18. J~n~ea HMe6. Fi. 33~b7 Mrdnaft~ ea1Md' ths Matsa~s. whiel~ tenn dull ineh~d~ tM suecasson and std~u ot tM aid ~atat~e~ wl~evar tM ooatezt w requires or ~dmit~. WITNE33STH: 'Phat to~ devess good tad wlaabls oonsidKatiooa and ~Lo tn oauidKation ot tM ~reaats wm named in tM promissory nots oi even d~te herswith bereinatter deraribsd. tb~ wid Mats~ does hereby ~n~ b~r~ain. w~l. ali~o. nmiss. rde~ss. ~oave~+ and oonHrm unto t!r nid Mortsaae~. his l~eirs. wooe~o~s and asdens. ~ll tl~s certaia pisoe.... parcel.... ar tr~et.... oi 1and. of wl~es tbs said Ma~ts~ i~ now Nized aad posese~sd and inaetwl posseasioa. eitwte in the County ot 3~ I.ueis and 3tate ot Florid~. de~a~ibed u idbwx Unit Weeks 30 and 31 in Condominium C'20 consistirig of Apartment Number C~20 , and its undivided share of the comnon elements of Turtle Reef Condominiums 1 as.such is described in the amende~ ~laster Form Deed as recorded in O.R. Book 256, Page 235. • This is a purchase money mortgage. It L turtAa a~reed between the parties to this mortga~a tba~ ia additiaa to tbs terms and canditioos set out berein. if ~ oonveyanoe ~hould be made by tM Moetsator ot the p~emisss haroin de~aribed. or anY P~ thereot. wlthont ~rst obuini~ both t6e writtea oon~nt ot tAe Mldar bereof. and ~n aa~mptioa ot this oWig~tion. in writins. b3? tbs ww Propo~ed Grantea. then. and ta tb~t eren~ at tbs optioa ot th~ MWer Me~eof. without notiee. all snms ot monsy sae~ved henb7 ~haU. Immsdiatei7 aAd ooncurrsatly wIth such oonvay~nce, bsooms dw ~nd pay~bls and s~id Note ~nd Martasas ~ull bs in d~t~uk. . TO HAVB AND TO HOLD tl~e s~me~ to~ther with a11 and eingul~r tAe t~ormsnts. heeeditamenta and ap purteoanoes tberauato bdonBinB or in anpwiss ~ppertainin~ ~nd tM ~everaioa and eeve:sios~~. rem~inder and ra I m~inden. rant~. i~wws ~d proHts thateot aed alw ~D tM estab. r~!?t, titk. inter~e~t. ptoQe~ty. po~sewio~n. cWm ud demand whatsosver ~s wsU ia law as in equity ot t1N wid Molt~or in ~nd W tl~e sams ~nd every part aad ~ p~red the~eof unto tbs ~aid Mortg~gee, and his 6ein. nuatrors ~ad assi~s. in fes ampls. And said Morts~. tor himsslt. aad his heirs. M~al e~pt'sMntative~. suoosMOrs and a~~. ~reby oonwa~nts witb s~id Mortg~e~. Ws heirs. kgal reprs~tati~?as. tioe~aoes and ~n~. tbat aid Mortaaeor t~ indsfe~u"bly ~eired ot ~aid land ia tes dmple: t6at tbs ~aid Mort~ !w tWl pawer and lawfol ria6t W aoawp t6~ Nms in fes simpls as afor~aid: that it ~haII bs lawinl tor aid Mortaa~. hi~ bira. lepl eeRe~entativw. weoerson and ari~~. ~t dl times peaee~bly ~nd quietly to enter npon. twld. oavP7 aed enjoy s~id land and even part tha~+sof: tlut said l~nd ia hee irom all iacumbnnoe~ t6at said Mat~a~x. hi~ b~ies. Mgd *e~re~tatives. sueeassas a~ ani~as, wiU make such inrther assnranees W pertect the hs dmpis titk to s~id tand in s~id Me~otg~ges. his 6eir~, kg~l represent~tivss. snooss~ors ~nd ~~i~ns. u may rea~ooably b required: and t6at uid Mortgagor ' does beeebY fnllp w~rr~nt t6e title w afd W~d ~nd every P~ct the~'eof ud will dstead tAs ams against t6e ~ lsw[ul cltims ot all person~ w6omroever. ~ It is nnderstood t6at e~ch oi the wocds. '•note... ••moetsagor.. and ••mortgaaes•. re~peetive~? and ths P~ ( referring t6ereto. whether ie the singular or plurd anyw~ere in this mortgaae. sball be aiogular it ons only and f shall be pMral 9ointlp and ~sve~aUY. ii moes than ow. ~ad ~u11 b~ ma~ailias. teminine ~nd/or nauter. wwerever ~ ths eente:t w impli~s or sdmie~. _ ~ And wid 1[o~t~~soc tor 61i~if ~nd 6i~ lMirs. M~PI npw~ntati~. w~aaw~o~~ ~d 1~y ~venants aad ~w~ to and witb ~aid Mort~~. 6i~ L~al np~sMnt+attw~. w~oo~ois ad ~ 1. To p~y dl ~nd dn~ular ths prineipal aad int~t and tb~ varioui and enndry? sams ot moneY Wn~ bY - virtue ot said promis~ocr note. and t6ii mortaag~. each and ewrr. pomptly oa tbe days respectivdy the s~ms ssvelallr bevome dw. 4. To p~y all and ~ingular twe tues. aMS~sm~nt~. Iwie~. IiabiliRiM. obliPtion~ and ineumbranoe~ of every nawre aad ltind now on said descdbed property. and/or t6at 6areafter m~y bs impo~sd. wff~e~sd. plated. levied or asswsd therwpon. andlor th~t hee+e~iter may bs lsvied ar a~~d upon tNs mortgage and/or t6e ind~bt~~ secured bereby. e~ch ud everr. when dus and payabk aooo~din~ to I~w. b~[on tbsy b~eoms dtlia4uent. ~nd . ~ betora ~ny intere~t attaebN or a~? p~oalt~? b ~ncwrr~d: and in io tar ~s a~ tbaeof is ot eeco~d tb~ ~ams sh~ll bs promptlp s~ti~8~d and disdur~d ot reooed and ths oriainal oil~1 docnm~nt Imch a~. for ins~eoa tb~ t~ roo~ipt ar the_ wtisiactbn P~Prr oiticially aodorNd cr oertitied) ~11 br piked in tLs hand~ ot aid ~ioctsaaes ~ wtthio t~n da~n n~zt afte~ pa7~nk and ia tb~ w~nt tbat aar tA~rot b not w p~id. ati~d ~nd dircbarpd. .aW ldorcgaaes m.r .c anr cims par cLs ..m. or anr p.re ce.not ww~oat waivina or athetins opt+oo. y: Wo. equig or ris6e nade~ oe by v6tw ot t6ir moetaas'~. and th~ tnll amamt ot e~eh and evee9 ~ W7~~ b~ imm~diatalp dw and p~yabM aad ~dall bwr int~eMt irom tl~ d~t~ t~6~Cwt unW pdd ~t tM nte ot tan per c~tnro par annum ~nd to~tbar w[th sueh intwMt ~all b~ Mcvr~d bp tb~ li~n ot t6i~ matgage• ~ ~ 3. To plaa~ and ooatinnoudp Ic~p on tM buildin~s naw or Mes~ker dWats on said Wid fire and windstaca~ ~ inaut~nos in CM nnul ~t~ndard poliep torm. io • ntm not Iw tlun t~ amount due herson. in snch ooaspanY ~ a~ ooa~p~nis~ a. may bs .pproved br nid ldortp~ aad ~11 ax~ inwmno~ polfc3s~ on anr ot said building~. aay iat~es~t tl~a or p~rt th~wf. in tbs a~pe~t~ mw afoew~jd or ia a~ew t~eot. sh~ll ooat~in th~ nw~l ' ~ta~rd mortsaps claws m~kina tM lo~s nnd~r ~aid poliei~. e~c6 atid ~v~. P~7~bb W nid ltort~p~ r hi~ I~ int~wt mq app~ar. ~d Me6 aad ~r w~ Pdky ~a11 b~ Pevm~t4 drlrw~d to ~sd Mld by wid ldatppK • ' and. not i~ t~n t~n da~n id ~dvana d tb~ ~piratba ot ~ poYe~. to ddiv~r to Mid 1[ortp~ • n~w~1 I thw~o~ Wptl~ wttb • raaipt tat t6~ pnminm ot a~ na~w~k ~nd tdn ~6aU b~ ao ~ncb iwnnoo~ pbcd 00 ~ ot ~aid bnildinP• asp int~ewt tVrin or p~rt t~e~ mi~ in tY fbrm ~nd wlth t6~ IoM paysbb ~ ' ' ~taew~ld: ~ad in t6~ rwat aap w~m d~y b~ooaw p~1~bb oodrr wKb polle~ a~ po1kM~ and ~id Ma~tp~ BOOK3~.2 P~~~ 1 ! ~ - . _ ~_,:;T _ . .